Saved by Ted Glasnow and
How to know if you've got product-market fit
What to look for Pre-Product:
1) Visible excitement
2) People are willing to pay for it now
1) Visible excitement
2) People are willing to pay for it now
Lenny's Newsletter • How to know if you've got product-market fit
What to look for Post-Product:
1) Retention: Users stick around 2) Surveys: Users say they’d be very disappointed if your product went away 3) Exponential organic growth 4) Cost-efficient growth 5) CAC < LTV 6) Customers clamor for your product 7) People are using it even when it’s broken
1) Retention: Users stick around 2) Surveys: Users say they’d be very disappointed if your product went away 3) Exponential organic growth 4) Cost-efficient growth 5) CAC < LTV 6) Customers clamor for your product 7) People are using it even when it’s broken