Find your Potential-Market-Fit
Shalini Prakash
Entrepreneurship for all | Early stage investor, Author 'Clueless at 30', LinkedIn Top Voice, LSE
Am I good enough? Am I climbing the top of the ladder? Is my career headed in the right direction?
You can continue to see-saw with these thoughts and continue to trek this tragic path, or, explore what’s outside the realm of your own world and summon your courage to take you in another direction.?
There’s plenty of? talk about unleashing your potential, but what is the first step in discovering it and horning a good fit in the market? The market can be a career transition or an entrepreneurial journey or creative pursuits. What’s the mindset? What’s the process? What’s a perfect match or fit? What does that look like?
If you have been a part of the? startup world, you’ve surely aware of the concept of Product-Market-Fit. No biggie.?If we take a step back and analyze, can we apply these principles to our everyday lives? Each of us is born with innate superpowers (skills) that we hone through our lifetime (expertise) that helps us dominate the world or well that’s what we been told. But how do we go about exploring or expanding our potential and letting it manifest in the ways that we truly can pursue our dreams or destiny? - it could be building your own start-up or your next rocket ship or creative pursuits. How should one go about exploring our potential before going out and building our careers, that is, achieving our product-market-fit and that’s called this potential-market-fit.?
Presenting the Potential-market-fit framework:
We all struggle with figuring out where to start from; mostly because we can’t visualize? what the end point is. You don't have to have it all figured out all the paths you’ll take for the rest of your life; you just have to navigate with the compass for what life is about for you right now. Understanding where you are going creates a coherence in your life which gives you the visibility to connect the dots at the end.
Some questions to get you started:
The genius engine will be primed once you know what drives you. It will point you to a direction that will help fulfil your intrinsic needs while providing you with autonomy and potential mastery in a new unexplored domain. This is the one that will fuel you to run faster and take you to a place where you will kick some ass.
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2. What is the Difference I want to make?
We all want the view from the top.? But what is the 'top' that you are seeking?? What is your definition of your true north star? It could be an entrepreneurial dream, artistic vision of the future, change in career or starting a not-for-profit, it is important we have a laser sharp view of how we want to apply ourselves. How do we view our roles and effort in the new playing field?
Let’s start with these:
Your network engine will build an ecosystem for you to thrive. The people, resources and connections will be the backbone of your success. So, do you have everything you need to make it a success? If not, can this be acquired over time? Is it possible to build this?
3. What do I do to succeed?
It takes a village to raise a child. Your dreams are not different. Once you have set your eyes on your playing field, you need a team, an ecosystem, a network, ofcourse, good will for your rocketship to take off. Let’s do a reality check:
The process of immense learning and experiences will push you beyond your comfort zone.? The combination of your 'what are good at ' and 'what do you need to' will put you in a unique position of advantage to solve the challenge at hand.
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At the centre of this pretty flower lies your potential market fit; it brings together all aspects together for you.
In the end, we all want to choose paths that will bring out the best in us. The potential-market-fit framework can be applied to any context or any career type. It is not a process you go through once because our aspirations and goals could change with time. Every new phase presents us with a new chance to reinvent ourselves into who we truly wish to become. So go explore and enjoy the process.? Now, go find your fit.
Strategy & Corporate Development | M&A | Venture Capital - Investment Management, Portfolio Value Creation & Exits | Private Equity & Secondaries | Board Advisory | Investor Relations & Governance
2 年Nicely written Shalini Prakash ...Day by day nothing changes....but when u look back everything seems different
I help successful, yet unfulfilled executives transition to purpose-driven entrepreneurship without sacrificing financial security | 6X entrepreneur| Podcaster | Ex-Morgan Stanley MD | Tsunami survivor
2 年You reprised Ikigai for me too!
Director Sales - South East Asia | BHS Sonthofen GMBH | Mixing & Crushing Technology
2 年Good read. I can see the reflection of Ikigai in this which is further deduction of that approach. In fact we have also done something similar to this to realize what is our Why at Ishta Cloud Kitchen https://www.dhirubhai.net/feed/update/urn:li:activity:6939542000576663552