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How to build a Growth Model?

Hila Qu · 8 Jan 2023

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  1. The bottom line is this model should explain how your business will grow, in a way that is different from that of other companies.
  2. Especially if your product is pre-product/market fit or your user base is relatively small, or your marketing channel mix is not very complicated, it probably makes more sense for you to spend time on improving your product and growing your initial user base, rather than on building a growth model.
  3. Also, even in a later stage product, a growth model is a neither sufficient nor necessary condition to achieve growth. At the end of the day, if you understand the dynamics of your business well and focus on the right initiatives, you should be able to drive growth.

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