Figuring out if you have product/market fit is as simple as sending out a survey, but as a basic rule of surveying, getting at least a 100 responses will go a long way towards statistical significance. This isn’t a survey you send out to your first 10 customers (you need to be talking to each of them individually). This is something you send once you’ve got 100+ customers (and ideally much more).
Product/Market Fit is a common concept in the startup world. While widely applied in conversations around new high-growth companies, it doesn’t seem to have caught on in the rest of the business world yet…
The journey of the entrepreneur is to figure out what matters. We know that starting a company requires extreme focus and prioritization.
But figuring that out is no easy matter because of the jumble of possibilities and complexities of running a business, on top of the cottage industry of abundant, contradictory, and just plain bad business advice.
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