The feature-shop trap: why post-PMF startups stall.
You shipped 17 features last quarter. Revenue did not move. Here is why, and the one thing to do about it.
You shipped 17 features last quarter. Revenue did not move. Here is why, and the one thing to do about it.
You shipped seventeen features last quarter. The team was busy, the changelog was long, and revenue did not move an inch. This is the feature-shop trap, and post-PMF startups fall into it constantly.
Once a product finds fit, the instinct is to keep shipping. More features must mean more value, and more value must mean more growth. Except the link between the two quietly breaks, and the org keeps sprinting in a direction that no longer moves the number.
The cheapest growth after product-market fit is almost never a new feature, it is getting more out of what you already have: the users landing on your store page who do not install, the visitors who do not convert, the trials that never activate. Every one of those is revenue you were already close to earning, leaking out of a funnel nobody is watching.
Before the next feature sprint, map the funnel and name every drop-off, screen by screen. You will almost always find that fixing two or three specific leaks moves revenue more than the last ten features combined, at a fraction of the engineering cost. Growth is a distribution and conversion problem long before it is a features problem.
Busy is not the goal. Compounding is. And compounding comes from fixing what already works, not from adding more of what does not.
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