This blog is a combination of articles from leading experts and Unbiased Insights.
Founders Thriving with WISE Guides - Real Success Stories
“I think getting those guides would be absolutely amazing on how to build this like five step process.”
The Making of WISE Guides - Expert Insights, Real-World Applications, and Decades of Experience
“I think getting those guides would be absolutely amazing on how to build this like five step process.”
Unlocking Startup Success using the WISE Criteria to find Market Fit
“I think getting those guides would be absolutely amazing on how to build this like five step process.”
Finding Product-Market Fit for Consumer Products
“There will always be the risk of failure when launching something new to the market. The beauty of this quest for product-market fit is that you can dramatically improve your chances of success with these pre-launch steps that help uncover the nuanced needs of the market. And that can make all the difference between success and failure.“
Steve Blank Blog Posts on Customer Discovery
Article 1: “I didn’t immediately understand the point. I was a great marketer. I was getting feedback from customers, and I’d pass on every list of what customers wanted to engineering and tell them that’s the features our customers needed…Oh…hmm… perhaps I was missing something.”
Article 2: “By the time I joined Ardent I thought I was an experienced marketer, but I’ll never forget my first real lesson in what it meant to understand customers and product/market fit.”
Article 3: “Most startups lack a process for discovering their markets, locating their first customers, validating their assumptions, and growing their business. A few successful ones do all these things. The difference is that the ones that succeed invent...”
Marc Andreessen’s Original Blog Post on Product-Market Fit
“Do whatever is required to get to product/market fit. Including changing out people, rewriting your product, moving into a different market, telling customers no when you don’t want to, telling customers yes when you don’t want to, raising that fourth round of highly dilutive venture capital—whatever is required.”
“Ironically, once a startup is successful, and you ask the founders what made it successful, they will usually cite all kinds of things that had nothing to do with it. People are terrible at understanding causation. But in almost every case, the cause was actually product/market fit.“
Customer Validation: Going From Idea To Sellable Product
“Founders need to ask themselves the hard questions: Have we identified a problem a customer wants solved? Does our product solve these customer needs? If so, do we have a viable and profitable business model? Have we learned enough to go out and consistently sell the product? Are the sales and business plans realistic, scalable, and achievable?”
How To Spot A Startup That Lacks Product-Market Fit
“It doesn’t take much beyond a few friends at the right media outlets, a moderately sized digital advertising budget, or a clever influencer marketing campaign to gain initial traction. However, just because a few vanity metrics are high does not mean that a company has product-market fit.“
The Real Product-Market Fit
“Founders often try to signal they’ve reached product/market by pointing to their number of employees or a major round of funding. What I look for is a frantic founding team trying to deal with ever-growing numbers of happy, loyal, and ideally paying customers. Until then, stay lean, keep burn low, and resemble a Navy SEAL team instead of an Army battalion.”
Four Fits For $100M+ Growth
“there are three key lessons we can learn. One, you need all four Fits to grow to $100M+. Two, you can't think about the four Fits in isolation because together they form an ecosystem for growth. Three, you need to constantly revisit the fits because they are continuously changing.”
Product / Market Fit: The Very First Step to Successfully Launching Your Product
“One of the first steps is to setup the CPS (Customer, Problem, Solution) hypothesis. Basically, reaching the PMF (product-market fit) means validating these hypotheses”
What It Feels Like When You’ve Found Product-Market Fit
“how do you know when you’ve built something people want? Below you’ll find stories from twenty-five companies — many of which have never been shared before — revealing the moment they realized they had something special.”
7 Ways Smart SaaS Founders Achieve Product/Market Fit
“Every business strives for product/market fit. With it, you can lead the market and eclipse competitors. But finding it is far from easy. In fact, many founders do it wrong and often at the expense of their businesses”