
Saved by Ted Glasnow and
What It Feels Like When You've Found Product-Market Fit
Saved by Ted Glasnow and
achieving product-market fit (PMF), when your product is ready to serve the mainstream market;
Product/market fit shows up in terms of happier customers, lower churn rates, shortened sales cycles, and rapid organic growth.
Getting to Product/Market Fit
How can you identify a startup on the verge of achieving product/market fit? Innovation accounting gives you a rational way to evaluate this (see Innovation Accounting (Chapter 8)). Before modeling the startup’s business, though, a few subjective measures can be helpful. Ask the founders what they’ve learned and how they expect to scale. Try out th
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