FourWeekMBA

What is Product Market Fit?

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Marc Andreessen defined Product/market fit as “being in a good market with a product that can satisfy that market.”

In an article entitled “The only thing that matters” Andreessen also highlights a few points:

At any given startup, the team will range from outstanding to remarkably flawed; the product will range from a masterpiece of engineering to barely functional; and the market will range from booming to comatose.

  • The Lean Startup Methodology in a nutshell
  • The Minimum Viable Product in a nutshell
  • Problem/Solution Fit comes first
  • Product-market fit myths
    • Myth #1: Product market fit is always a discrete, big bang event
    • Myth #2: It’s patently obvious when you have product market fit
    • Myth #3: Once you achieve product-market fit, you can’t lose it
    • Myth #4: Once you have product-market fit, you don’t have to sweat the competition
    • Product-market fit tools
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      FourWeekMBABy Gennaro Cuofano
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