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Achieve productmarket fit before scaling from "summary" of The Lean Startup by Eric Ries
The concept of achieving product-market fit before scaling is a crucial principle in the Lean Startup methodology. This concept emphasizes the importance of thoroughly understanding and satisfying the needs of your target customers before focusing on rapid growth and expansion. Many startups make the mistake of trying to scale their operations prematurely, without ensuring that their product truly resonates with their target market. By prioritizing the attainment of product-market fit, startups can avoid wasting resources on scaling a product that may not meet the needs of customers. Product-market fit is achieved when a product satisfies a strong market demand, resulting in high customer satisfaction and retention rates. This alignment between the product and the market is essential for sustainab...Similar Posts
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