6
2 Comments

How to reach product-market fit ?

Hello guys,
I recommend you to read once a week minimum the following article until you reach Product-Market fit: https://medium.com/stories-hq/north-star-product-market-fit-b35b180d7ed7 🧙🏻‍♂️

What're your tips to find Product-Market fit? Do you have any favorite process? Any best practice?

  1. 2

    What're your tips to find Product-Market fit? Do you have any favorite process? Any best practice?

    Build things people really want to use, and that they're going to tell their friends about. No growth hacking required.

    Do this based on your in-depth knowledge of a subject area, if you've got it. If not, learn about a domain and it's problems, rather than build things and then try to learn how to trick people into buying them.

    If you're skilled technically, but inexperienced in other domains, find a domain expert to partner with that is looking to productize their expertise.

    Don't build another thing by developers, for developers, unless you truly believe it'll be a hit.

    -> non-dev, non-marketer ranting LOL

  2. 1

    What're your tips to find Product-Market fit? Do you have any favorite process? Any best practice?

    Personally don't think we need to reinvent the wheel. It's like Newtonian physics.. no one's working on it cuz it's been figured out. [1]

    How do you find PMF?

    You do some customer development (by getting out of the building and in front of their face), you get to a point where you see their eyes lit up(Blank), whip together a business model canvas with your assumptions (Osterwalder), then you pivot the assumptions when they turn out to be wrong with (Blank) and you iterate rapidly by building MVP's and using agile engineering (Ries). You keep iterating until customers are banging down your door to get your product (Andreessen) and you measure it by strong organic growth (Rachleff). Your growth rate should be great, not good, which'll depend on your industry but by measuring WoW (or perhaps MoM) you should get a feel for what's going on. 10-20% WoW is a good starting point for web shit (Graham).

    No one is re-writing Newtonian physics and trying to claim credit for inventing it. I worry that in this space that's exactly what we do. I see people straw-manning , I see people failing to attribute and cite references.. [2] Overall, there's a lot of repackaging going on and claiming it's unique.

    Note that this is in NO way a criticism against you OP! Solid medium article and nothing wrong with the question. This is more a comment on the general state of affairs of entrepreneurial science.

    [1] Except didactically. There's value in iterating ways of teaching such that concepts are more easily taught and more intuitive to grasp. Yet proper citation remains key, lest one wants to be seen as a plagiarizer.

    [2] Just had a bad faith debate the other day about a guy who tried to make himself look important by disagreeing with everything. Which is fine except he was straw-manning. Misrepresenting everything such that he could disagree with it. You can prove pi is a rational number if you simply change the definition of rational to mean irrational. But you'd get laughed out the room by any mathematician. We should do the same here. Be very strict with our definitions etc. such that we can accurately critique theses that are flawed in certain aspects.

    /rant

  3. 1

    This comment was deleted 2 years ago.

Trending on Indie Hackers
How I grew a side project to 100k Unique Visitors in 7 days with 0 audience 49 comments Competing with Product Hunt: a month later 33 comments Why do you hate marketing? 29 comments My Top 20 Free Tools That I Use Everyday as an Indie Hacker 18 comments $15k revenues in <4 months as a solopreneur 14 comments Use Your Product 13 comments