Product/ Market Fit Rule
Have a hard time figuring out whether your Product is at Before or After Market Fit Stage?
Apply the simple Rules to find out:
- Are you having a hard time keeping up with the demand for your product/ service?
- Is money piling up in your bank account?
- Are you hiring people as fast as you can, without worrying about budget/ payroll forecast?
- Are reporters constantly calling you for interviews (established blogs/ magazines and not newbie/ paid media)?
- Are you eating for free at Starbuck’s?
If answer to all of the above questions, are yes, then congratulations your product/ service has achieved a Product/ Market Fit status.
Note: Point 4&5 has case to case basis interpretation and applicability.
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