yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

50 Founders Share How They Got Their First Customers


4m read
·Nov 3, 2024

Did you find your first customer surprisingly?

"A cold email? That's a good question. A lot of calls and emailing on Reddit, actually. We don't have them yet; we are currently looking."

[Music]

"The first one was actually just kind of very crafted cold outreach. We got our first customer just literally going door to door, standing in the sun, waiting for the owner to just show up because he was just in his food truck all day. He ended up taking a break, and then we just capitalized and closed it. Actually, I’d left a voicemail for one of our physical therapists that we’re working with, and she called me back. She was like, 'Oh, tell me more about, you know, what got your start?' We actually gave our background on like, 'This is why we got into it,' and she thought it was like, you know, we were coming from a good place. So she wanted to work with us.

It should be just customer discovery calls to try and figure out if this was something people would be interested in. We sold it to one company for $250 for a month, and we didn’t have any code. We just made a version of it in seven days and deployed it. It’s pretty rough. Seven days, though!"

"Yeah, we got our first customer by using LinkedIn, and at some point, we got some conversations with those customers. We started better understanding the needs and better understanding what kind of solution they needed. So we made a mock-up of our dream personal finance product. We made a website for it with a little waitlist and posted it on our Reddit group. Within 24 hours, there were close to a thousand people that had signed up for the waitlist. It really resonated with a lot of people that were having the same financial pain points as us.

We launched our closed beta and started onboarding those customers. For us, it was a bit of a wild week in which we launched on Twitter, and suddenly a few days later, I went from 50 followers to like 10,000. We had 20,000 stars on GitHub, we had 150,000 unique visitors a day, and so we’re really fortunate to have had the lightning in a bottle and have all these customers come to us."

"You're asking a great time! We actually got our first customer paying this morning!"

"How did you find that first customer?"

"So we launched! We shared what we were doing about two and a half weeks ago on just our LinkedIns and shared with our friends. A lot of people came inbound; people were really curious about what we were building here. We got a great waitlist, and this customer came through that waitlist, which was really exciting. We don’t really have any customers yet, but we’ve got like one really good advisor who sort of made some introductions to folks at a couple of the big ag tech companies. So sort of networking our way in, really."

"We are in data, so immediately after I get out of here, I’m getting on a plane to go to LA for a few days. We’re going to make the rounds of the production companies and see who’s interested in this tool."

"How are you going to try to get that first customer?"

"I take all the companies that message me, trying to hire me as a software engineer for their biotech company. I respond saying, 'No, but how would you like to buy software that does the same thing?' We have users, and we are currently converting them into paid customers."

"The first customer we got was a friend of ours. It’s like hitting up friends, talking to other people in the space that I was close with. We launched with friends and family so that way we can test our processes out, our pricing, and see what was working and what wasn't. From there, it kind of naturally evolved. We started getting referrals from our friends and family through our networks, Trice's extended family holiday home pages to put in the first system, which has been great. Talk about the best customer for me; for him, having his in-laws' holiday home has been a little bit more stressful, but I'm like, this is great."

"As with a lot of founders, your first few customers come from your network. So I was fortunate enough to work with some amazing folks across a wide range of industries. I went and kind of told them a little bit about what we were building, and they liked what we were building enough to put real money behind it. That’s how we got the first few customers, and, you know, hopefully, the good word we get from them and a few other kind of go-to-market techniques we’re trying will help us really accelerate and get way more customers by demo day."

[Foreign Music]

More Articles

View All
Kinetic molecular theory and the gas laws | AP Chemistry | Khan Academy
In other videos, we touched on the notion of kinetic molecular theory, which I’ll just shorten as KMT. It’s just this idea that if you imagine a container—I’ll just draw it in two dimensions here—that it contains some gas. You can imagine the gas as being…
Buy Great Companies that Goes Up and UP and Sit on Your A$$ Investing | Charlie Munger | 2023
Picking your shots, I mean, I think you call it sit on your ass investing. The investing where you find a few great companies and just sit on your ass because you’ve correctly predicted the future. That is what it’s very nice to be good at. A lot of what…
How to Value a Stock like a Wall Street Analyst | Discounted Cash Flow and Comps
Wow! Do I have a special video for you today that will help you learn a ton about investing. This video is going to cover how to value a stock like the pros do to help you better identify stocks to buy. Let’s jump right into the video. There are two ways…
Deep Sea Exploration - 360 | Into Water
I have always been fascinated by the search for life. Aliens from outer space come to mind, but I’m inspired by animals in another final frontier: the ocean’s midwater, one of the least explored places on Earth, full of creatures that defy imagination. I…
A Discussion With Sal About Systemic Racism
Hi everyone, uh, Sal Khan here from Khan Academy. Welcome to our daily live stream. Uh, for those of y’all who are wondering what this is, you know, this is something we started several months ago as a way to keep us all connected during times of social d…
Baby Bison Takes on Wolf and Wins | America's National Parks
Yellowstone is the only place in the US where bison have lived continuously since prehistoric times. Their relentless search for better grazing grounds means crossing rivers like the Lamar. Crossings are no big deal for the grown-ups but a daunting busine…