Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

How to Pivot to Product Market Fit | Mike Murchison, Founder of Ada ($1B+ Valuation)

How to Pivot to Product Market Fit | Mike Murchison, Founder of Ada ($1B+ Valuation)

FromA Product Market Fit Show


How to Pivot to Product Market Fit | Mike Murchison, Founder of Ada ($1B+ Valuation)

FromA Product Market Fit Show

ratings:
Length:
38 minutes
Released:
Oct 17, 2022
Format:
Podcast episode

Description

You've launched a startup. Your excitement turns to anxiety as it becomes clear things aren't working out. Some customers are buying but not nearly enough. They like your product, but they don't love it.You realize you don't have product-market fit and are unlikely to get it. You'll need to change things up. You'll need to pivot.It's a painful process, but pivots are more common than you think. The right pivot can take you from nothing to billion-dollar status. Many unicorns, including Slack, Twitter and Ada, started off as completely different businesses. The key, of course, is to do it right. Mike and his co-founder spent a full year as customer service agents to feel their customers' pains. They solved those problems over time and a few years later raised at a $1.2B valuation. If you want to hear exactly how they did it, have a listen.
Released:
Oct 17, 2022
Format:
Podcast episode

Titles in the series (84)

As an early-stage founder you have one goal: find product-market fit.  On The Product Market Fit Show, we explore the 0 to 1 journeys of the most successful startups. We go deep and provide detailed examples you can steal. Our goal is simple. We want to understand product-market fit better than anyone on the planet.