Finding Product-Market Fit

Before achieving product-market fit, startups should focus primarily on understanding customer needs and refining their offerings, rather than spending excessively. Early-stage founders often mistakenly think that increasing their budget will lead to growth, but all it buys is time to find the right product-market fit. It's emphasized that pushing harder with spending can lead to misalignment with actual customer desires, thereby hindering progress. Founders should instead invest their energy in learning from customer feedback and iterating on their concepts, minimizing expenditures wherever possible.