#149 - Startup School Week 8 Recap - Adora Cheung on Prioritizing Your Time and Kevin Hale on Evaluating Startup Ideas

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<p>We've cut down the eighth week of lectures to be even shorter and combined them into one podcast.<br><br>First a lecture from <a href="https://twitter.com/nolimits">Adora Cheung</a>. Adora’s a partner at YC. Her lecture covers <a href="https://www.youtube.com/watch?v=XcCmMOWuAF4">how to prioritize your time</a>.<br><br>Then a lecture from <a href="https://twitter.com/ilikevests">Kevin Hale</a>. Kevin is also a partner at YC. His lecture is the second part of his talk on <a href="https://www.youtube.com/watch?v=17XZGUX_9iM">how to evaluate startup ideas</a>.<br><br>Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.<br><br>Learn more about YC and apply for funding here: <a href="https://www.ycombinator.com/apply/" style="background-color: rgb(255, 255, 255);">https://www.ycombinator.com/apply/</a></p><p><br>***<br><br><b>Topics</b><br><br>00:00 - Intro<br><br>00:32 - Adora Cheung - How to Prioritize Your Time<br><br>2:12 - Real vs fake progress<br><br>4:10 - How to determine if you're prioritizing the right tasks<br><br>4:42 - Keep a spreadsheet of ideas related to moving your primary KPI<br><br>7:32 - Grade the new and old ideas once a week based on potential impact<br><br>9:52 - Consider the complexity of each task<br><br>11:32 - Don't try to do everything at once<br><br>11:52 - How do I know I'm prioritizing my time well?<br><br>13:42 - What if I can't complete my tasks in time?<br><br>14:02 - <a href="http://www.paulgraham.com/makersschedule.html">Maker's Schedule, Manager's Schedule&nbsp;</a><br><br>15:32 - Moving fast<br><br>16:47 - Kevin Hale - How to Evaluate Startup Ideas Pt. 2<br><br>18:52 - <a href="https://www.ycombinator.com/howtoapply/">How to apply to Y Combinator</a><br><br>20:17 - As a YC partner, you don't need to sell me<br><br>21:12 - Can I understand the idea? Am I excited by it? Do I like the team and want to work with them?<br><br>21:47 - How do I describe my company in a very efficient manner?<br><br>22:52 - Making your idea legible<br><br>25:12 - Things to avoid when describing your company<br><br>27:34 - Be conversational<br><br>28:02 - Avoid jargon, no preamble, and be reproducible<br><br>28:47 - Nouns: what are you making, what is the problem, and who is the customer<br><br>32:47 - Using the X for Y formula of explaining your startup<br><br>36:57 - Be concise without leaving out the key nouns<br><br>40:47 - How to adjust a description<br></p>