What is Product Market Fit (PMF)?
What is Product Market Fit (PMF)?
TMARA can answer this question from 4 perspectives:
Target Market perspective = Product-Market Fit is achieved the moment your new product offering becomes a market MUST HAVE.
Start Up perspective = Product-Market Fit is achieved when your Minimum Viable Product(MVP) satisfies the Minimum Viable Value(MVV) of the market.
Funder perspective = Product-Market Fit is a tipping point (without PMF it is hard to succeed, with PMF it is hard to fail)
Scientific perspective = The moment the activity of attracting and retaining customers is no longer the weakest link or prime constraint.