In preparation for my next online Skillshare class , I’ve been doing research into how startups reach product-market fit (disclaimer: I’m not an expert on this topic). The beauty behind a new concept is that there are a lot of different methodologies including those from Sean Ellis , Ash Maurya , Steve Blank, and Eric Ries. Below, I’ll link to great articles I found throughout my research and share a simple methodology we’ve been using at Skillshare to reach product-market fit. A startup hits product-market fit (PMF) when they’ve developed a product for a group of passionate users in a big enough market. As Marc Andressen puts it in this article : “product/market fit is the only thing that matters.”
Noah Kagan built two multi-million dollar online businesses before turning 28. He also looks great in orange. (Photo: Laughing Squid ) I first met Noah Kagan over rain and strong espressos at Red Rock Coffee in Mountain View, CA. It was 2007.
Too lazy to read? Click this link if you want to start a business, have struggled to get one started, or need to kill some time in your cubicle. After 6 months of working on BetArcade we finally had the big day of launch. Of course our idea for a sports betting site had to work. The market size based on Wikipedia numbers was huge.