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Advice for achieving product market fit and why commitment is key
To achieve product market fit, monthly churn should be less than 2% and there should be a clear path to 100,000 of monthly recurring revenue. Many startups fail to find product market fit because they struggle to commit. Commitment involves focusing on a specific target audience, saying no to feature ideas that don't align with that audience, and constantly reminding the team that the current focus is just the beginning. Once product market fit is found, it is important to document the success playbook and rinse and repeat the process. Writing down the definition of the atomic network, including the user group, intent, location, and time, is crucial. This specific approach allows for rapid expansion and reaching the tipping point. Overall, self-control and commitment to building for the needs of the atomic network are the hardest parts of achieving product market fit.