An overnight success is often 10 years in the making 🏁
→ product-market-fit is key and that doesn’t come in a day!
There are two extreme ways to end at product market fit ➿ 🔮
Very lean, spend little money and just iterate
Know how the future is going to look and just build it
The truth is usually a combination of both, as long as you always...
...Follow the counterintuitive blip of data 🐘
→ youtube was supposed to be a video dating site but people didn’t upload a single dating intro. Instead, they started to watch an elephant video!
3 Signs you found product-market fit
Okay, this is all about “feeling” product-market fit. But you are likely and economist or management student, so maybe feelings are not doing it for you?
Check out this mathematical approach:
A Quantitative Approach to Product Market Fit - Tribe Capital
"The only thing that matters is getting to product-market fit... Product-market fit means being in a good market with a product that can satisfy that market." MARC ANDREESSEN Marc Andreessen wrote these words back in 2007, coining the term product-market fit.