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How to Know You’re Close to Product-Market Fit
Signals, missteps, and the underrated questions you must ask.

Hey y’all - I still remember the night a founder friend of mine called me, ecstatic yet confused. His product just hit 500 daily active users organically. No ads. No launch party. Just pure, word-of-mouth traction.
But a month later? Usage dropped like a stone.
That’s when I realized what many startup founders still wrestle with:
👉 You don’t find product-market fit. You build it.
We romanticize product-market fit as this “Eureka!” moment some magical tipping point where everything just clicks. But in reality, product-market fit (PMF) is a process, not a destination. And if you chase signals without building systems, you risk burning out on false positives.
So let’s unpack what PMF really means and how to build a framework around it that’s practical, iterative, and founder-friendly.

Product-Market Fit Isn’t a Moment It’s a Muscle
What Is Product-Market Fit Really?
Marc Andreessen described PMF as “being in a good market with a product that can satisfy that market.”
But for founders, that’s still vague.
Let’s make it real:
PMF happens when you solve a painful, urgent, or deeply desired problem for a specific group of people so well that they can't stop using it.
It shows up in customer behavior, not your metrics dashboard.
Here’s what PMF feels like:
People use your product without reminders.
New users come from referrals, not just performance ads.
Feedback is constructive, not confused.
You’re iterating to improve, not trying to survive.
Now let’s make that actionable.
The 4-Step Product-Market Fit Framework for Startups
This is a framework I’ve refined over the years especially useful for early-stage and pre-revenue startups. It consists of 4 core stages:
Problem-Market Fit
Solution-Market Fit
Product-User Fit
Product-Market Fit (Validated Stage)
Let’s walk through each with examples and actionable.
1. Problem-Market Fit: Fall in Love With the Problem
Ask yourself:
“Are we solving a painful, urgent, or aspirational problem for a specific group of people?”
Case Study: When Airbnb started, they didn’t try to solve “global travel.” They noticed conferences were overbooked and people needed temporary places to stay. They nailed a specific problem before scaling it into a global phenomenon.
Checklist:
Interview 10–20 people in the target group.
Map emotional pain points—not just logical ones.
Ask: “What do you do today instead of our product?”
2. Solution-Market Fit: Your Idea, Their Language
Ask yourself:
“Does our solution clearly and credibly solve the problem in the way the market understands it?”
Here’s where founders often fail: they pitch the tech, not the transformation.
Example: A fintech startup kept promoting their “AI-powered investment scoring engine.” Turns out their users just wanted “confidence to invest without fear.” Same tech. Different story. One gets traction.
Checklist:
Build a value proposition canvas: map your features to real emotional jobs.
Test messaging with 5-10 landing page versions.
Track click-throughs and qualitative feedback.
3. Product-User Fit: Behavior Over Belief
Ask yourself:
“Are users coming back and telling their friends without us begging them to?”
Case Study: Superhuman, the email startup, asked one simple question to measure fit:
“How would you feel if you could no longer use our product?”
They considered PMF achieved when 40%+ said “Very Disappointed.”
Checklist:
Use Sean Ellis’ PMF survey at 100 users.
Track retention cohorts, not vanity metrics.
Look for usage loops (daily, weekly behavior).
4. Product-Market Fit: The Engine Kicks In
Ask yourself:
“Is growth happening faster than our team’s capacity to handle it?”
This is when things start to break in the best way.
Signal: Waitlists form. Word-of-mouth dominates acquisition. Customer success teams are overwhelmed (but in a good way).
But remember: PMF is not a finish line. It’s a flywheel.
You’ll hit local optima (e.g., a niche market that loves you), but the game is to keep evolving that fit as you grow.
Checklist:
CAC < LTV in small cohorts.
NPS > 50.
30%+ organic traffic or referrals.
Your job: Build moats while growth is hot.
Avoid These 3 Common Pitfalls
1. Chasing Metrics Too Soon
Don't obsess over scale before fit. 1,000 users who churn tell you less than 10 users who love you.
2. Skipping Customer Conversations
Data won’t tell you “why.” Talk to users. Often.
3. PMF Theater
Don’t fake it for investors. Build it for survival. PMF is the ultimate growth lever.
A Simple Way to Know You’re Getting Closer
Try this exercise:
Ask your newest users:
“How did you hear about us?”
Then ask: “Why did you stay?”
The answers will reveal the gap between acquisition and adoption. When both come from the same source (referrals, shared pain, viral love), you’re nearing real PMF.
To Sum up
Startups that succeed don’t “find” PMF—they listen, build, and refine until it forms. The best ones never stop doing it.
Here’s your mantra:
“Talk to users. Ship often. Learn always.”
Let PMF be your north star but build the ship that gets you there.
