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© Chair for Strategy and Organization, Technical University of Munich

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Market Fit

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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 ➿ 🔮 

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1. Iterative

Very lean, spend little money and just iterate

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2. Visionary

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

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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.

tribecap.co

A Quantitative Approach to Product Market Fit - Tribe Capital
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