The 'Traction' slide in the pitch deck of an early-stage startup should show how the company is progressing.
Highlight the milestones achieved towards product-market fit (PMF) and demonstrate the go-to-market (GTM) strategy in action.
Emphasize the value that the product is already delivering by putting data in context.
Measure PMF by reaching a significant ARR dollar value, typically around A$1 million, and evaluate lead conversion and retention.
Measure GTM fit by generating high-quality leads from a primary and scalable channel, and ensuring a predictable and filled pipeline with the right prospects and decision makers.