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Adora Cheung

08/01/19

@ Y Combinator

It's crucial to be honest about your startup's current status and to regularly fill out your primary metric and goals to maintain accountability and track progress effectively.

Video

Adora Cheung - How to Set KPIs and Goals

@ Y Combinator

Adora Cheung - How to Set KPIs and Goals

08/01/19

Related Takeaways

Adora Cheung

08/01/19

@ Y Combinator

Setting the right KPIs and goals will objectively tell you if your startup is doing well, just okay, or bad, keeping you grounded and realistic about your progress.

Adora Cheung

08/01/19

@ Y Combinator

Your primary metric should also be usable as a feedback mechanism, helping you prioritize strategies and make quick decisions in your startup.

Tom Blomfield

12/16/23

@ Y Combinator

Avoid vanity metrics and focus on clear, actionable metrics that can guide your startup's strategy and decision-making processes.

Adora Cheung

08/01/19

@ Y Combinator

It's important to track a few secondary metrics alongside your primary metric to gain a comprehensive view of your startup's health, rather than focusing solely on one metric.

Kevin Hale

07/03/19

@ Y Combinator

When gauging product-market fit, if you have to ask whether you've achieved it, you likely haven't. It's crucial to be honest about your startup's performance and growth potential.

Y Combinator Cast

02/13/25

@ Y Combinator

Investors can help guide startups by encouraging transparency about financial metrics like runway and burn rate, which are essential for maintaining focus and discipline.

Aydin Senkut

04/16/25

@ EO

Startups must focus on measuring the right metrics comprehensively to understand their performance and drive success.

Adora Cheung

08/01/19

@ Y Combinator

Metrics and goals are only useful if leveraged as motivational tools; create a visual representation of your growth targets and update it regularly to keep your focus.

Y Combinator Cast

07/22/23

@ Y Combinator

Having a main key performance indicator (KPI) is essential for tracking a startup's progress and determining whether the business is working or not.