|
|
|
|
|
|
by pcannons
2132 days ago
|
|
|
My framework for this as a failing entrepreneur so far, so don't take too seriously: There are 3 steps going from 0 to 1:
1. problem/solution fit
2. product/market fit
3. business model fit #1 determines whether or not you can make just a few people very successful in achieving some outcome they want where they are willing to pay you #2 determines whether or not there's a market that highly demands your solution and you can convince them to pay you for it at scale #3 determines whether the net profit and net profit growth YoY justifies working on the company I think this tweet is saying the company already had product/market fit so scaling it was no problem. Brian Balfour is someone who actually has some success. Here's his series for putting p/m fit in a different framework: https://brianbalfour.com/essays/product-market-fit-isnt-enou... |
|
|