Find Product Market Fit [How To In 5 Steps]

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Raw Startup

Raw Startup

Күн бұрын

Пікірлер: 163
@MaximilianEskelandHeckmann
@MaximilianEskelandHeckmann 2 жыл бұрын
Learned more about PMF in 15 minutes than in 2,5 months of entrepreneurship classes in university! Thanks, lifesaver for my exam tomorrow!
@RawStartup
@RawStartup 2 жыл бұрын
Wow, thanks, glad it was helpful! Good luck with exam!
@samrossi2641
@samrossi2641 Жыл бұрын
You can't build every idea but you can listen to every idea. Criminally Underrated
@RawStartup
@RawStartup Жыл бұрын
That is true, if you have the time at least.
@michaelmagdongon6021
@michaelmagdongon6021 9 ай бұрын
I've probably watched/read 100's of content on this subject and this one easily lands in the top 3. Awesome work!
@CaboLabsHealthInformatics
@CaboLabsHealthInformatics 10 ай бұрын
Nice talk, no BS, straight to the point. Thank you.
@andrewaisen
@andrewaisen 8 ай бұрын
Thanks! I like the idea of tracking only two numbers: retention and usage. Intuitively - we've been doing the same in our startup from the start.
@mj8975
@mj8975 3 жыл бұрын
Thank you for all your videos, your videos are genuine and to the point. Thank you for making these videos. I am learning a lot from you 💗
@RawStartup
@RawStartup 3 жыл бұрын
Thank you very much I really appreciate it! This is why I do the videos to help people like you.
@mariaelenagonzalezmartinez9267
@mariaelenagonzalezmartinez9267 Жыл бұрын
The best product market fit explanaitory video I've seen. I thought I was here for a few minutes, but I was so engaged with it I watched the entire thing. Thank you for sharing this!
@RawStartup
@RawStartup Жыл бұрын
Thanks you! Glad it was helpful!
@areogx
@areogx Жыл бұрын
You know what. Your KZbin channel is one of the best channel I've ever seen in my life 🔥🔥🔥
@RawStartup
@RawStartup Жыл бұрын
Thank I appreciate that very much!
@shabbirchowdhury6142
@shabbirchowdhury6142 2 жыл бұрын
Excellent. You are so detailed that shows your wisdom, depth & clarity which only comes from hands on experience.
@RawStartup
@RawStartup 2 жыл бұрын
Thanks! Glad you liked it
@shabbirchowdhury6142
@shabbirchowdhury6142 2 жыл бұрын
@@RawStartupNot just liked it but loved it.
@nassimlateb1186
@nassimlateb1186 Жыл бұрын
Very insightful ! Thanks
@RawStartup
@RawStartup Жыл бұрын
Great, glad you liked it.
@swaraj44
@swaraj44 2 жыл бұрын
simply awesome. Short, sweet and precisely to the point
@RawStartup
@RawStartup 2 жыл бұрын
Thanks glad you liked it!
@swaraj44
@swaraj44 2 жыл бұрын
@@RawStartup So much that I have watched it thrice until now and shared it multiple times. Also starting implementing this today as a product manager
@artsom
@artsom Жыл бұрын
This video is packed with goodies. Great job!
@RawStartup
@RawStartup Жыл бұрын
Thank you 🤗
@appyquote9212
@appyquote9212 2 жыл бұрын
Awesome thank you for the value
@RawStartup
@RawStartup 2 жыл бұрын
Glad it was helpful!
@marketingmadeeasy8392
@marketingmadeeasy8392 Жыл бұрын
Very clear explanation.Thank you very much
@RawStartup
@RawStartup Жыл бұрын
Glad it was helpful!
@sdsloveslife
@sdsloveslife Жыл бұрын
Thank you again for another excellent Video.
@RawStartup
@RawStartup Жыл бұрын
Glad it was helpful!
@WafiqEssop
@WafiqEssop 6 ай бұрын
Super high Quality stuff, thank you so much!
@alexeycherkashin6251
@alexeycherkashin6251 Жыл бұрын
12:23 "Now stop watching and go build something" LoL, when most other channels ask to watch yet another this or that video, you encourage entrepreneurs to stop watching and start building. That commands respect and deep desire to smash those "like" and "subscribe" buttons.
@RawStartup
@RawStartup Жыл бұрын
KZbin is great, but you have to start building at some point! Thanks!
@PESCADORSHOES
@PESCADORSHOES 10 ай бұрын
Truly well explained. Thanks a lot.
@__drew___
@__drew___ Жыл бұрын
Great video, very informative!
@RawStartup
@RawStartup Жыл бұрын
Thank you, glad you liked it! Make sure you check out this one on Product Market Fit Score kzbin.info/www/bejne/nXbMfGCYebR0esk
@rahmanikhwanlallo6396
@rahmanikhwanlallo6396 2 жыл бұрын
Thank you so much for your video, so enlightening!
@RawStartup
@RawStartup 2 жыл бұрын
Glad it was helpful!
@adithyanranjan2139
@adithyanranjan2139 3 жыл бұрын
Thank you very much for this video. You explained P-M fit in an easy way and in under 15 minutes - that's awesome :)
@RawStartup
@RawStartup 3 жыл бұрын
You're very welcome!
@tommyperillo6525
@tommyperillo6525 3 жыл бұрын
Great content. Probably the best check list I've seen for an evaluation and more...
@RawStartup
@RawStartup 3 жыл бұрын
Thanks appreciate it!
@Karnadagan
@Karnadagan Ай бұрын
Wow man! This was so amazing..
@yordanosgidey9078
@yordanosgidey9078 2 жыл бұрын
Hey, Helini Thank You so much for being here. I think now I have a YT mentor. My start-up is a new idea that has the potential for global growth in the service sector and we will provide different kinds of products for 2 customer segments. Do you have any tips for businesses with multiple features?
@RawStartup
@RawStartup 2 жыл бұрын
I don't know exactly what you're building so this is more generic advice. If at all possible build only for one segment. Focus like crazy and win that segment, then you can expand it later.
@yordanosgidey9078
@yordanosgidey9078 2 жыл бұрын
@@RawStartup Thanks a million mentor Helini
@ahmada2hejazi
@ahmada2hejazi Жыл бұрын
perfect and precise video that give you all what you need. Time to progerss
@RawStartup
@RawStartup Жыл бұрын
Thanks, yes let's not waste any time, good luck!
@axroes
@axroes 3 жыл бұрын
Excellent video, great content. Keep them coming! I’m learning a lot, thanks!
@RawStartup
@RawStartup 3 жыл бұрын
Thanks very glad you liked it!
@verifiedbyrawstartup736
@verifiedbyrawstartup736 3 жыл бұрын
T⃜H⃜A⃜N⃜K⃜S⃜ F⃜O⃜R⃜ W⃜A⃜T⃜C⃜H⃜I⃜N⃜G⃜ ,F⃜O⃜R⃜ F⃜U⃜R⃜T⃜H⃜E⃜R⃜ D⃜E⃜T⃜A⃜I⃜L⃜ O⃜N⃜ F⃜I⃜N⃜A⃜N⃜C⃜I⃜A⃜L⃜ S⃜E⃜R⃜V⃜I⃜C⃜E⃜ K⃜I⃜N⃜D⃜L⃜Y⃜ C⃜O⃜N⃜T⃜A⃜C⃜T⃜ U⃜S⃜ O⃜N⃜ W⃜⃜H⃜⃜A⃜⃜T⃜⃜S⃜⃜A⃜⃜P⃜⃜P⃜⃜ //+• 7 3 2 7 8 8 6 2 0 4 //😊€€€$$
@trishellington2808
@trishellington2808 3 жыл бұрын
Very timely video. Thanks for the convo this morning!
@RawStartup
@RawStartup 3 жыл бұрын
Indeed!
@verifiedbyrawstartup736
@verifiedbyrawstartup736 3 жыл бұрын
T⃜H⃜A⃜N⃜K⃜S⃜ F⃜O⃜R⃜ W⃜A⃜T⃜C⃜H⃜I⃜N⃜G⃜ ,F⃜O⃜R⃜ F⃜U⃜R⃜T⃜H⃜E⃜R⃜ D⃜E⃜T⃜A⃜I⃜L⃜ O⃜N⃜ F⃜I⃜N⃜A⃜N⃜C⃜I⃜A⃜L⃜ S⃜E⃜R⃜V⃜I⃜C⃜E⃜ K⃜I⃜N⃜D⃜L⃜Y⃜ C⃜O⃜N⃜T⃜A⃜C⃜T⃜ U⃜S⃜ O⃜N⃜ W⃜⃜H⃜⃜A⃜⃜T⃜⃜S⃜⃜A⃜⃜P⃜⃜P⃜⃜ //+• 7 3 2 7 8 8 6 2 0 4 //😊€€€$$
@bernhardsmuts2265
@bernhardsmuts2265 Жыл бұрын
Great video. Good core bits to focus on!
@RawStartup
@RawStartup Жыл бұрын
Thanks glad it was helpful.
@soulfate2
@soulfate2 Жыл бұрын
Fantastic and thank you.. Vivino is a classy amazing App too!
@RawStartup
@RawStartup Жыл бұрын
Glad you like both!
@interiorinsightsbyraj
@interiorinsightsbyraj Жыл бұрын
Great video. Thank you so much❤
@RawStartup
@RawStartup Жыл бұрын
Thanks, glad it was helpful!
@carlaserra3438
@carlaserra3438 Жыл бұрын
My goodness, no course gives you this, so clear and actionable! Thank you for sharing your knowledge 🙏
@RawStartup
@RawStartup Жыл бұрын
Glad it was helpful!
@Bigeinla
@Bigeinla Жыл бұрын
Great breakdown of PMF. Thanks
@RawStartup
@RawStartup Жыл бұрын
Thanks, I have another very exciting video coming on PMF in a couple of weeks. Make sure to subscribe so that you can see it when it comes out
@madness5693
@madness5693 2 жыл бұрын
thank you so much
@RawStartup
@RawStartup 2 жыл бұрын
You are very welcome!
@nwokolodonald3394
@nwokolodonald3394 2 жыл бұрын
Nice Raw.. I love your contents
@RawStartup
@RawStartup 2 жыл бұрын
Glad you like them!
@o82774
@o82774 3 жыл бұрын
This was badass, reaffirming, and inspiring. Thanks!
@RawStartup
@RawStartup 3 жыл бұрын
Thanks, glad you enjoyed it!
@cdb5662
@cdb5662 6 ай бұрын
Excellent content! Thank you.
@biff0612
@biff0612 3 жыл бұрын
This is well done. Thank you.
@RawStartup
@RawStartup 3 жыл бұрын
Thank you and you are very welcome!
@peetorres
@peetorres Жыл бұрын
Dear God, I just have to say thank you algorithm to share me this channel! Amazing content! I’m building my App company, your content is helping me a lot!
@RawStartup
@RawStartup Жыл бұрын
Thank you very much, I'm very happy to help!
@pedram7sd
@pedram7sd 2 жыл бұрын
Amazing Video!
@RawStartup
@RawStartup 2 жыл бұрын
Thanks!
@chitresh86
@chitresh86 2 жыл бұрын
Wow this video is golden 👌
@RawStartup
@RawStartup 2 жыл бұрын
Thanks, appreciate it!
@kahel3874
@kahel3874 3 жыл бұрын
As usual, great stuff. Thanks
@RawStartup
@RawStartup 3 жыл бұрын
Thanks, much appreciated!
@mahdimoud4609
@mahdimoud4609 Жыл бұрын
🌞 I m just starting now this advice has no price may be I dont understand all cause never hear but will try to use it tank a lot
@RawStartup
@RawStartup Жыл бұрын
Glad it was helpful!
@hoolestperformancetechnolo4400
@hoolestperformancetechnolo4400 3 жыл бұрын
Hi Heini! Just recently found your channel and been consuming these videos. Very helpful! In this video at 4:55, your third bullet point says "get the mvp in front of customers as quickly as possible". How did you figure out which market segment you wanted to launch/market Vivino to? Did you test the mvp with various customer segments at the same time and assess which segments found the most value in it? And then allocate resources to marketing to that specific segment? Maybe you could make a future video to help founders learn how to identify the right beachhead market segment when there are many possible market segments to focus on! Especially for medtech hardware companies like my own;)
@RawStartup
@RawStartup 3 жыл бұрын
Thanks, this a big question. The short answer is to find the people that need your product the most. Not the biggest group, not the smallest group, but the group that needs your product the most. They are the ones that are most hungry for this and will be willing to live with the problems that a young product has. Their pain is so big that they will accept a lot of imperfection.
@caseybrown1437
@caseybrown1437 2 жыл бұрын
Great video brother
@RawStartup
@RawStartup 2 жыл бұрын
Thanks, appreciate it
@borisrezaire
@borisrezaire 2 жыл бұрын
High level content !!
@RawStartup
@RawStartup 2 жыл бұрын
Thank you, appreciate it!
@adazzz8
@adazzz8 3 жыл бұрын
Love your stuff!!!
@RawStartup
@RawStartup 3 жыл бұрын
Thanks, very glad you like it!
@NourLababidi
@NourLababidi 3 жыл бұрын
thank you
@RawStartup
@RawStartup 3 жыл бұрын
You are very welcome!
@uxiofraga6413
@uxiofraga6413 2 жыл бұрын
May I ask a question? On the release cycle: You are talking about releasing new features for the one product you have. Does make sense to release alternative versions of the main product or complementary independent services too? (My product is not an app, but a solid physical object). Fantastic video! Thanks a lot!
@RawStartup
@RawStartup 2 жыл бұрын
Thanks, yes it is different for physical non software products. I guess you could compare new versions to new releases in software.
@uxiofraga6413
@uxiofraga6413 2 жыл бұрын
@@RawStartup Thank you, best regards!
@sunshine124422
@sunshine124422 2 жыл бұрын
love your vids...been developing an mvp for 3 years....prob back to front...now i need to find a mvm ...minimul viable market...sometimes the five steps can come in any order ? what do you think ?
@RawStartup
@RawStartup 2 жыл бұрын
I think you probably need to get the product out there, show it to people as and learn from that.
@jpbelmont
@jpbelmont Жыл бұрын
Good video. So. I have a question: what do you suggest when you say: “be careful when you are acquiring users quickly because it can affect your active user metric”. How can we solve this? This is happening to us. We acquired like 400 users in a week and the active users go up… but then down. How can we start analyzing this to not be confused?
@RawStartup
@RawStartup Жыл бұрын
I think you just need to be aware of it. Let's say you get 1000 users from a press piece, just be aware that your relative MAU may go down and that is ok. Don't change the product because you think something was wrong with the product, in reality it was some bad users that came in.
@josim8908
@josim8908 3 жыл бұрын
Always great content! Do you ever do any seed/angel investing?
@RawStartup
@RawStartup 3 жыл бұрын
Thanks, actually I don't do any of that right now. Maybe some day!
@elenkos
@elenkos 2 жыл бұрын
Excellent video!
@RawStartup
@RawStartup 2 жыл бұрын
Thanks!
@maximusandsenecagloballlc1209
@maximusandsenecagloballlc1209 Жыл бұрын
I found a location in Baltimore City inside a hotel where vino wine cellar will fit so well
@RawStartup
@RawStartup Жыл бұрын
Great good luck!
@creativside
@creativside 11 ай бұрын
A+ video
@elyas3969
@elyas3969 3 ай бұрын
I have done a lot of research and trust me this video is ruthless: MEANING LISTEN TO HIM!
@RawStartup
@RawStartup 3 ай бұрын
Thanks, glad it was helpful!
@infogsmerz4u760
@infogsmerz4u760 2 жыл бұрын
Hi Heini, Davide here! Thanks for sharing your knowledge with us. I can imagine that at the very beginning of your journey with Vivino you had ratings based on really few reviews/people. How did you gain retention/trust in this situation? I mean, as user I would not "trust" your ratings if these were mostly based on let's say only 2 people. In other words: how did you manage at that time to populate your database with reviews and hence ratings so that you were confident enough to put your MVP out there? This seems to me a classic "chicken and egg problem". People first and ratings after, or ratings first and people after? Further I was wondering where you launched your MPV: in Denmark or directly world wide? In English or Danish? Thanks.
@RawStartup
@RawStartup 2 жыл бұрын
I think the trust part is hard, you can't really rush that, you build it over time. What you can do is do things manually while you're still building stuff. For example we really didn't know many wines in the beginning and therefore the "machine" couldn't match many wines. Instead we matched them manually. Had a team that just did it by hand. So try and give your users whatever value you can, even it if includes manual work. We launched globally and with our product I think it was the right decision at the time. Really depends on the product.
@TheSamifaiyaz
@TheSamifaiyaz 3 жыл бұрын
Hello! Been watching your videos and have learnt just so much! I was wondering if you had an email for this channel, to possibly help answer some questions regarding start up equity finance and it’s structures? I’m a founder in the middle of finishing building my MVP and am looking for some experienced advisory, even if it’s an occasional email!! Keep up the amazing work though! ✌️
@RawStartup
@RawStartup 3 жыл бұрын
Thanks, you can try and reach out on LinkedIn, but I can't promise anything I have very little time these days.
@SeverinStalder
@SeverinStalder 3 жыл бұрын
I don‘t use Vivino to tell me if I like a particular wine. I haven‘t done so since I started using the app (9 years ago). I just use it to take a note for myself (usually just to remember if I should buy that wine again). Is Vivino actually solving a much easier problem than telling me if a wine is good/bad? Would you agree that problem/ solution thinking is overrated vs. simple usage statistics?
@RawStartup
@RawStartup 3 жыл бұрын
Well this is interesting, in the beginning that was our product market fit. Never forget another wine. However that is a much smaller use case, just fewer users. Our growth really exploded when we were able to say if a wine is good or not so good.
@yourofficialrealtor1057
@yourofficialrealtor1057 Жыл бұрын
Are there any apps/integration that you recommend to keep track of PMF?
@RawStartup
@RawStartup Жыл бұрын
I guess it is your lucky day, this released 10 minutes ago: kzbin.info/www/bejne/nXbMfGCYebR0esk
@yourofficialrealtor1057
@yourofficialrealtor1057 Жыл бұрын
@@RawStartup 🚀🚀🚀🚀🚀
@rimipandya25
@rimipandya25 Жыл бұрын
Hii sir, Your vidoe was so informative for me because only through yt videos and Google research, I can learn more and more about entrepreneurship. I have a startup idea which is to provide maid service to the houses . I couldn't start this idea until i complete my high schools. So there are few more companies like my idea who provide maids but I never copied my idea from them infact I got to know about all the companies after i searched on Google. I got demotivated because before I start an idea someone else did it . Can you please guide me that CAN I SURVIVE IN THIS COMPETITION IF I START THE IDEA I HAVE AFTER FEW YEARS??? THANK YOU❤🙏
@rimipandya25
@rimipandya25 Жыл бұрын
* WILL MY IDEA BE STILL SUCCESSFUL IN THIS THOUGH COMPETITION, IF I EXECUTE IT AFTER 2-3 YEARS??
@RawStartup
@RawStartup Жыл бұрын
Thanks, I can't do direct coaching, but good luck with it!
@jefffairchild1854
@jefffairchild1854 2 жыл бұрын
How do you put MVP in front of customers quickly?
@RawStartup
@RawStartup 2 жыл бұрын
I would assume you either have the problem yourself or know somebody who has the problem you're trying to solve. Just show it to them, it doesn't have to be hundreds of people it could be 10
@Uncutwith_Rudra
@Uncutwith_Rudra 2 жыл бұрын
Thanks u
@RawStartup
@RawStartup 2 жыл бұрын
Welcome!
@ahmedhamed1092
@ahmedhamed1092 3 жыл бұрын
👍🏻 great
@RawStartup
@RawStartup 3 жыл бұрын
Thanks 😎👍
@relaxation718
@relaxation718 3 жыл бұрын
I have one tip that most people find helpful - Estimate tasks in story points... Where 1 story point = 1 day expected time. For some reason, we don't do that much in the tech community. But it helps a lot.
@RawStartup
@RawStartup 3 жыл бұрын
Great idea, thanks!
@David_tommy
@David_tommy Жыл бұрын
Hi, I hope my question is answer, because am watching this very late😭😭 But my question is, i have competitors already in my product, and there are doing well, do i still need to go out there and ask questions on the product
@RawStartup
@RawStartup Жыл бұрын
Not sure I understand. I would say if there are a lot of similar products you will need less validation.
@David_tommy
@David_tommy Жыл бұрын
@@RawStartup sorry let me try and simplify it. In this video u say something about, when starting out, and the problem your solving it's not inline with what you do, we should go out and ask the audience that inline with the product. Now am saying they is a software already in the space solving this same problem, and doing very well interms of retention and usage and have little or no competition, and wanted going after this also, but make mind better. Am I go to go??? Anticipating for your response... Thanks
@promptroi
@promptroi Жыл бұрын
Good content. Not everything is so dramatic though.
@RawStartup
@RawStartup Жыл бұрын
True many things are more boring 💤
@Fight2Survive
@Fight2Survive 2 жыл бұрын
“There’s no point in making a product that people use once and throw away”… condoms; “am I a joke to you???” 😅 sorry was just a funny thought when I heard you say that line haha
@RawStartup
@RawStartup 2 жыл бұрын
Thanks! That is funny with a bit of luck we keep buying condoms 😎🤞
@eCarslist
@eCarslist Жыл бұрын
Heini, how can our founder get in touch with you?
@RawStartup
@RawStartup Жыл бұрын
I have little time, but try and find me on some platform.
@pozzowon
@pozzowon Жыл бұрын
Just watched about 10 videos, this is the only one useful
@RawStartup
@RawStartup Жыл бұрын
Thanks appreciate it! If you like this one here is another on Product Market Fit Score kzbin.info/www/bejne/nXbMfGCYebR0esk
@nikovelikov
@nikovelikov 3 жыл бұрын
Product to market fit is where's the money at.
@RawStartup
@RawStartup 3 жыл бұрын
Yes it very much is!
@jefffairchild1854
@jefffairchild1854 2 жыл бұрын
Let's say that you're just a guy with a garage like steve jobs or bill gates, and you wanted to make that wine app, but you don't have money to hire a programmer to make it, how do you make the app?
@RawStartup
@RawStartup 2 жыл бұрын
Either find a little money, maybe a few hundred dollars to build something, even just a UI or a simple prototype. Find a way, resourcefulness is one of the most important things when it comes to being a founder, find a way...
@aletamez444
@aletamez444 2 жыл бұрын
100%
@RawStartup
@RawStartup 2 жыл бұрын
💯 Thanks
@jacksonh634
@jacksonh634 2 жыл бұрын
this video is product market fit lol
@RawStartup
@RawStartup 2 жыл бұрын
Yes it looks like it! Thanks
@zandilethando6567
@zandilethando6567 3 жыл бұрын
How do you generate revenue with vivino?
@RawStartup
@RawStartup 3 жыл бұрын
Thanks, users buy wine on Vivino and there is a marketing commission related to that.
@ThePlec
@ThePlec Жыл бұрын
Vanity Metrics 😅
@RawStartup
@RawStartup Жыл бұрын
Yup they are all over and we love talking about them!
@3nityC
@3nityC 3 жыл бұрын
No complex explaination, I can digest easily & english isn't my native language.
@RawStartup
@RawStartup 3 жыл бұрын
Thanks, yes trying to make it less complex!
@JonathanWayneAndress
@JonathanWayneAndress Жыл бұрын
Lost me in 3 seconds because of audio.
@RawStartup
@RawStartup Жыл бұрын
Yes I apolagize it gets better and now I have a better mic.
@JonathanWayneAndress
@JonathanWayneAndress Жыл бұрын
@Raw Startup Awesome. Good to hear man. I just like to let people know why I watch or why I tune out. Keep making videos man.
@mansi_b
@mansi_b 2 жыл бұрын
@rawstartup any good tip on finding pmf for live commerce or live shopping in India? Do share your thoughts
@RawStartup
@RawStartup 2 жыл бұрын
Thanks a little to specific for me, hard to help in a meaningful way
@SihraCreative
@SihraCreative 3 жыл бұрын
Your videos have been amazingly helpful to me. Would you be willing to help more founders on Clubhouse? I run a club for First Time Founders on Clubhouse and it'd be really amazing to have you in one of our rooms and answer questions founders have. Looking forward to hear from you :)
@RawStartup
@RawStartup 3 жыл бұрын
Thanks I appreciate that. Send me a message on LinkedIn or find me on Facebook and I can take a look.
@moretins4251
@moretins4251 4 ай бұрын
@rawstartup who funded 18 months of work
@adammangana2076
@adammangana2076 Жыл бұрын
Excellent content!
@RawStartup
@RawStartup Жыл бұрын
Glad you think so!
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