What is minimum viable traction (MVT) and how do I know if I have it?
Minimum viable traction means you’ve proven your business can sell. The loose benchmark is: have you made $1,000 in total sales in the last year? If yes, it stands to reason you have a product the market wants. At this point, your job is regular and consistent marketing, and the business should grow year after year. This is a simplified definition with nuance to it, but it’s the key milestone that indicates you’re ready to focus purely on marketing rather than still testing whether your product works.
Asked by synthesized from teaching · Answered by Patrick Shanahan and Nick Friend · art-marketing-podcast · 2022-02-12