Common Misconceptions about Product-Market Fit
Ryan Tando - Dezbor.com
5 replies
Hi maker, `product-market fit` is crucial for any startup, but there are still many misconceptions about what it entails. Here are four common ones you should be aware of:
- Product-market fit is a one-time event
- Having a lot of users means you have achieved product-market fit
- Relying solely on intuition to determine product-market fit
- Focusing too heavily on acquiring new customers instead of retaining existing ones
Share your own experiences and perspectives on product-market fit and the misconceptions surrounding it
Replies
André J@sentry_co
Launching soon!
PMF is different for all products. No one size fits all.
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It's easy to fool yourself into thinking you have good product market fit, but you need to treat it as scientifically as you can manage. Run the experiments, get the data, listen to the data, react to the data.
Raising back-to-back funds only to grow and not reach pmf by any means. 😂
I really like this article on PMF by the founder of Superhuman. It’s just so rigorous in the way you think about it for early stage! def recommend:
https://review.firstround.com/ho...
For our app, Burnout Bot (which launched today! 90 mins left!!) we’ve been working more on retention and making sure that we’re delivering tons of value to our customers. We want to truly solve the problem of burnout. The rest (growth, money, users) comes later !
I think one other big thing is that product-market fit is not enough. You also need Model/market fir, Channel/model, & Market/product fit.
I often refer back to this article on the topic: https://brianbalfour.com/four-fi...