In the world of startups, product market fit is the holy grail. It’s the moment when a startup has found a product that resonates with its target audience and meets their needs.
Product market fit is not something you can create out of thin air. It usually takes an entrepreneur years to even get close to it. In order to reach it, there are many steps that need to be taken:
– Define your target customer and what their needs are
– Brainstorm about how you can meet those needs
– Create a prototype or MVP (minimum viable product) for your idea and test it with potential customers
– Collect feedback from customers on what they like and don’t like about your idea
– Iterate on the idea based on customer feedback
Upbiz Changed status to publish October 16, 2022