We’ve all heard that product/market fit drives startup success — and that the lack thereof is what’s lurking behind almost every failure.
For founders, achieving product/market fit is an obsession from day one. It’s both the hefty hurdle we’re racing to clear and the festering fear keeping us up at night, worried that we’ll never make it. But when it comes to understanding what product/market fit really is and how to get there, most of us quickly realize that there isn’t a battle-tested approach.
Snippets
Individuals capable of signaling their worth to others rather than being preoccupied with signaling their worth to themselves may be able to break the self-defeating cycle of low-status behavior.
- Adam Waytz, The Psychology of Social Status
Exponentially advancing technological gains bring efficiency. That efficiency is deflationary. Moving exponentially and into all industries which means prices should be falling on almost everything.
- Jeff Booth, The Greatest Game
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