Every company needs a sound business model. You need to pair the value proposition with a business model that creates value for your company.
During this stage there's a lot of back and forth between designing the value proposition and the business model.
Fit happens when you generate more revenue than it costs you to deliver the value proposition.
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Similar ideas to 3. Business Model Fit
What makes a product great is not the idea of it or what it can do, but the way it is positioned. Business positioning is not about the competitive pursuit of a niche; it's about finding the right business model.
A business model describes the rationale for the way...
During this stage you validate the assumptions underlying your value proposition, and discover what customers really care about. This is a long and iterative process.
Product-market fit happens when you have evidence that your product is creating va...
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