In a world where there tons of problems found daily, tons of ideas culminating in minds, only few of them sustain, and remaining, fail! So what exactly are some of the things that you should keep in mind about your problem, before you think of starting up! Not all are necessary, but multiple are recommended.<ol><li>Popularity: Many people should have that problem.</li><li>Growth: Your problem should be growing.</li><li>Urgency: The urge to solve that should be considerable.</li><li>Expensive: People should be willing to pay.</li><li>Mandatory: A solution should be mandatory.</li><li>Frequent: Your problem should arise frequently!</li></ol>

How should your problem look like for a startup?

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YC Partner Kevin Hale walks us through the process of evaluating ideas and how founders should think about their startups. Startup School is YC's free online program for founders. Sign up to access the full curriculum and over $100k in deals! https://www.startupschool.org/ Transcript and lecture slides here: https://www.ycombinator.com/library/6e-how-to-evaluate-startup-ideas This lecture is part of YC's Startup School, a free online program and global community of founders. Register and join the community at https://www.startupschool.org/ *** Topics 00:00 - Why we're starting with evaluating ideas 1:25 - YC doesn't just fund companies with traction 2:50 - How can I predict if an investor will like my idea? 5:15 - A startup idea is a hypothesis 6:55 - The problem 10:55 - The solution 12:35 - The insight 14:00 - Founder's unfair advantage 15:00 - Market growing 20% a year 15:40 - Product 10x better 16:30 - Acquisition model 17:55 - Monopoly 18:50 - Threshold belief 19:10 - Miracle belief 20:10 - Example: YC 23:20 - Example: Wufoo

YC Partner Kevin Hale walks us through the process of evaluating ideas and how founders should think about their startups. Startup School is YC's free online program for founders. Sign up to access the full curriculum and over $100k in deals! https://www.startupschool.org/

Transcript and lecture slides here: https://www.ycombinator.com/library/6e-how-to-evaluate-startup-ideas

This lecture is part of YC's Startup School, a free online program and global community of founders. Register and join the community at https://www.startupschool.org/

***

Topics

0.00 - Why we're starting with evaluating ideas

1:25 - YC doesn't just fund companies with traction

2:50 - How can I predict if an investor will like my idea?

5:15 - A startup idea is a hypothesis

6:55 - The problem

10:55 - The solution

12:35 - The insight

14:00 - Founder's unfair advantage

15:00 - Market growing 20% a year

15:40 - Product 10x better

16:30 - Acquisition model

17:55 - Monopoly

18:50 - Threshold belief

19:10 - Miracle belief

20:10 - Example: YC

23:20 - Example: Wufoo

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Kevin Hale - How to Evaluate Startup Ideas

How should your problem look like for a startup?

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