Khadim Batti is the co-founder and CEO of Whatfix, a Digital Adoption Platform (DAP) that helps businesses simplify training and support.
In 2014, Khadim and his co-founder Vara launched Whatfix from India. They had already spent 3 years working on another product which never got any traction.
But things seemed different with their new startup.
In 8 years since launch, they've grown the business to multiple 8-figures in ARR, built a team of 850 people, and raised $140M at a valuation of around $600M.
But in the early days, the founders struggled to grow sales.
After getting their first 30 or 40 customers, they thought they'd found product market fit. And all they had to do was hire a sales team and start scaling.
But sales were slow and inconsistent.
Eventually, the founders realized that product market fit wasn't enough. They also needed a go-to-market fit before they could scale the business.
In this episode, we talk about 7 challenges the founders had to overcome, the lessons they learned, and how they were eventually able to drive predictable sales growth.
I hope you enjoy it.
Book Recommendation
- “The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers” by Ben Horowitz
The Show Notes
- Company Name: Website | LinkedIn | Twitter
- Guest Name: LinkedIn | Twitter
- Omer Khan: LinkedIn | Twitter
Recommended Podcast Episodes
- Bootstrapping a SaaS in a Market with Well-Funded Competitors - with Michael Cooney [282]
- How Carrd's Founder Turned a Side Project into a Profitable SaaS - with AJ [225]
- ClickFunnels: Bootstrapping a SaaS to $140M ARR with Webinars - with Todd Dickerson [413]
- Renewtrak: From Struggling SaaS Startup to 29x ARR Growth - with Mathew Cagney [345]
- Banzai: Pivoting from a Near Collapse to 8 Figure ARR SaaS - with Joe Davy [371]
- Whale: The Realities and Struggles of Building a SaaS Startup - with Gary Vanbutsele [316]
- How Demio's Founders Overcame Their $100K SaaS Lesson - with David Abrams [153]
- Superhuman: The Power of Data-Driven Product Market Fit - with Rahul Vohra [342]
- Thinkific: From $29 Online Course to $60M ARR SaaS Company - with Greg Smith [380]
- PSPDFKit: Bootstrapping a SaaS $20K to $1M ARR in 8 Months - with Jonathan Rhyne [407]