Here’s Marc Andreesen’s take in the original article which coined the term “product-market fit”: 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. You can always feel when product/market fit isn’t happening. The customers aren’t quite getting value out…
When releasing a new product, the first step is to get a minimum viable product (MVP) released. The minimum viable product encompasses the essence of the Lean Startup ethos. An MVP helps go through one cycle of the Build-Measure-Learn loop. Eric Reis warns “Customers don’t care how long something takes to build. They only care…
Your success will be a function of the learning cycles you fit into your runway. — Tom Hulme, Ideo The best way to discover what makes your prospects tick is to run an experiment. If you are pressed for time, the best way to discover what makes them buy is to run many experiments over…