Learn more about product with this collection
How to set achievable goals
How to create and stick to a schedule
How to break down large projects into smaller manageable tasks
Product Market Fit Pyramid
This pyramid identify the hierarchy for product development
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MORE IDEAS ON THIS
Lean Product Process
Lean Manufacturing is a concept generated by japan manufacturing giants like Toyota with the purpose of reducing waste. This process is consist of 5 cyclical steps.
- Define Target Customer
- Identify pain points & undeserved needs.
- Create value pr...
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Problem Space vs Solution Space
There is a great example of Space pen. Core of the story is NASA wanted a pen worked on space because standard pens weren’t working because of zero gravity. Cost was 6m$ but at the same time Russians went to space with red pencils.
Product managers should stay at problem space.
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Product Market Fit
This is the most important concept in product development. Target customers and their needs define market and solutions you have developed defines product. If product does not match with the market, you fail.
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CURATED FROM
IDEAS CURATED BY
Product Management
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Other curated ideas on this topic:
2. Product-Market Fit
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...
Some founders think they have product market fit when they don't
Many founders think that users will immediately pay for their product, but in reality things are harder.
Ideally in the easiest stages of a product development process pull is happening organically (i.e., without any advertising spending).
What the term "product market fit" describes?
”The moment when a startup finally finds a widespread set of customers that resonate with its product.” Eric Ries
”You know you have fit if your product grows exponentially with no marketing. That is only possible if you have huge word of mouth. Word of mouth is onl...
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