Product/Market Fit: Experience & Data thumbnail
Product/Market Fit: Experience & Data
longform.asmartbear.com
Some people call this “a fit, but not sustainable” or “a fit, just with limited upside.” I call it a lack of fit, because if customers are leaving, it’s not a fit. Don’t get distracted by dollars. Pay attention to customer behavior. Companies that achieve Product/Market Fit – both self-funded and VC
1 Users
0 Comments
12 Highlights
0 Notes

Top Highlights

  • Some people call this “a fit, but not sustainable” or “a fit, just with limited upside.” I call it a lack of fit, because if customers are leaving, it’s not a fit. Don’t get distracted by dollars. Pay attention to customer behavior.
  • Companies that achieve Product/Market Fit – both self-funded and VC-funded – exhibit the same prototypical metrics curves and subjective experiences.
  • If every day it’s a struggle to keep up with demand, it’s working.
  • It’s a change from “how do we get more customers” to “how do we handle the influx of demand?”
  • who cares how some article defines some term like “Product/Market Fit?” But it does matter, because it determines whether the company is sustainable, and fundamentally changes how you operate each day, how you plan for the future, whether and who you need to hire, and what you need to build, and whether you’re going to start tackling scale.

Ready to highlight and find good content?

Glasp is a social web highlighter that people can highlight and organize quotes and thoughts from the web, and access other like-minded people’s learning.