EPISODE · Mar 3, 2022 · 47 MIN
B2B Product-Market Fit: 3 Years Lost, Then Breakout
from The SaaS Podcast - AI, Growth & Product-Market Fit for SaaS Founders · host Omer Khan
Khadim Batti spent three years building a product nobody needed. Then he deleted it and started finding product-market fit from zero. The SaaS pivot turned a support tool into a $600M company. Learn how Khadim achieved B2B product-market fit by sending 500 cold emails, closing before writing code, and narrowing from SMB to enterprise CRM for product validation. Khadim is the co-founder of Whatfix, valued at $600M+ with $140M raised. His B2B product-market fit journey included a complete SaaS pivot after 3 years of finding product-market fit the wrong way. 🔑 Key Lessons 🎯 B2B product-market fit requires killing your darlings: Khadim shut down Search Enabler after 3 years, proving that a SaaS pivot can unlock real growth. 📉 Building 15 months without customers wastes B2B product-market fit time: Khadim coded for over a year, then threw away 40% of features after product validation failed. 🤝 Sell before building to validate B2B product-market fit: Whatfix signed its first customer before writing production code. 💰 Test pricing in person for B2B product-market fit signals: Khadim validated from $10 to $1,000/month by watching prospects' face-to-face reactions. 🎯 Narrow your market to accelerate B2B product-market fit: Focusing on enterprise CRM at 1,000+ employee companies made everything converge. Chapters Introduction What Whatfix does Revenue, employees, and $140M raised The Search Enabler story and failed product validation How the Fix It button became the SaaS pivot Starting over with zero customers 500 cold emails and finding B2B product-market fit Testing pricing from $10 to $1,000 Getting the first 10 customers Going too horizontal Narrowing to enterprise CRM for B2B product-market fit Using Dreamforce to accelerate sales Hiring salespeople as technical founders From $1M to $10M ARR in 9 quarters Lightning round Resources Full show notes: https://saasclub.io/310 Join 5,000+ SaaS founders: https://saasclub.io/email
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B2B Product-Market Fit: 3 Years Lost, Then Breakout
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