YC Problemeter (Unofficial)
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Problem Statement:
[Insert the answer to "what problem do you solve"? here]
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Problem Category
Within your Total Addressable Market (TAM)
Problem MetricsNotes
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PopularityHow many people have this problem?<1000
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Growth
How rapidly is this problem growing every year?
<1%/yr
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UrgencyWhen will this be an urgent problem?Not urgent
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CostHow expensive is this problem?<$100000
Multiple what users in your TAM pay today to solve the problem times the TAM (i.e. $100/yr * 10m)
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Mandatory
Is solving this problem mandatory (i.e. by law)?
No
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FrequencyHow frequent is this problem encountered?One-time
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Problem CategoryScore
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Popularity0
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Growth0
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Urgency0
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Cost0
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Mandatory0
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Frequency0
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START HERE
--->
Overview:
This is a simple sheetsheet that helps a startup measure and evaluate the problem it is trying to solve. It takes the essence of
Kevin Hale's (Partner at Y Combinator) "How to Evaluate Startup Ideas (Pt. 1)" and helps you to quickly evaluate the problem
you are trying to solve by quantifing the key Problem Categories. This sheet is unofficial and intended to be iterated and
developed further by the community. You may use this sheet to get better insight into your Total Addressable Market and the scope of its problems.
***The scale is 0 to 5 on each gauge. The closer to 5 the more relevant your problem statement.***
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Instructions:
#1: If you haven't already watched, view Kevin Hale's video here: https://youtu.be/DOtCl5PU8F0
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#2: COPY this spreadsheet so you can edit. Go to File->Make a Copy.
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#3: Enter your Problem Statement in cell B1.
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#4: Select from the drop-down list your Problem Metrics (C4-C9) and any Notes (D4-D9).
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#5: If you do NOT have a Green in any category, revisit the Problem Statement and reevaluate your problem assumptions.
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Developed by Marc Howard, BizPayO
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