Getting to (Sustaining) Product Market Fit is Tricky
My dear friend and entrepreneur-exceptional Mark Moore, CEO of Mana Nutrition, sent me this fascinating article about some of the largest coding bootcamps shutting down. The article brings up an interesting point — despite the fact that coding bootcamps are red hot, two of the (well-funded) pioneers in the field are folding as they didn’t find sustaining product/market fit.
It brings up an important point (particularly in a world moving at an ever increasing speed): Getting to (initial) product/market fit is just not enough anymore. You have to continuously monitor the market, engage with your clients and keep tweaking your formula.
No breaks (anymore)!
P.S. If you want to support Mana’s mission to feed malnourished children around the world, buy some super yummy peanut butter from my friends at Good Spread. Every purchase unlocks a donation to Mana.