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Home/The SaaS Podcast/Episode 436
First Customers: 850 Rejections Before the First Yes
First Customers·Oscar Rubio, Lodgerin

First Customers: 850 Rejections Before the First Yes

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Oscar Rubio powered through 850 meetings before landing his first customers. He flew from Spain to the US, drove college to college without appointments, and slept in motels and his car - all to prove that his SaaS idea was worth paying for.

In this episode, Oscar reveals how he pivoted from a traditional relocation services business to a SaaS platform during COVID, taught himself how software works as a non-technical founder, and grew Lodgerin from zero to $1.3M in revenue by doing things most founders refuse to do.

Oscar Rubio is the founder and CEO of Lodgerin, a SaaS platform helping organizations manage housing and relocation services for students and employees moving abroad.

For nearly a decade, Oscar bootstrapped a traditional relocation services business, solving complex problems manually for universities and corporations. The business grew steadily, but scaling was impossible since everything depended on people and physical presence.

Then COVID hit. Overnight, his entire business collapsed. Mobility stopped, borders closed, and revenue vanished.

With no investors and no co-founder, Oscar made a critical decision: pivot from services to software. He spent months in an empty office, taping paper to walls and transforming eight years of operational know-how into digital processes. As a non-technical founder, he taught himself how SaaS products worked, built a small team, and launched a barebones MVP.

Then came the hardest part - getting his first customers. Oscar powered through 850 meetings before anyone said yes. He flew from Spain to the US, drove from college to college, knocked on doors without appointments, and slept in cheap motels and his car.

Oscar Rubio grew Lodgerin from zero to $1.3M in revenue using three strategies:

  1. Validate through years of service delivery before building software
  2. Go direct to customers with extreme persistence - 850 meetings to close the first deal
  3. Let early customers define the product roadmap by solving their specific problems first

Today, Lodgerin serves organizations across Spain, Italy, Portugal, France, the UK, Dubai, and the US, and has raised 400,000 euros to accelerate expansion.

This episode is part of our First Customers series.

Key Insight

Oscar Rubio landed Lodgerin's first customers after 850 cold meetings by flying from Spain to the US and knocking on university doors without appointments. Eight years of service delivery gave him deep problem knowledge, while extreme persistence in direct outreach - sleeping in motels and his car - turned that knowledge into $1.3M in SaaS revenue.

Key Ideas

  • Validate through service delivery first: 8 years of manual relocation work revealed exactly which problems customers would pay to automate
  • 850 meetings before the first yes - fly to the US, drive college to college, knock on doors with no appointment
  • First customer came inbound 4 months after a cold visit when the university hit a pain point Oscar had already pitched
  • Simple mistakes kill early revenue: missing an availability calendar cost thousands in cancelled bookings during the first quarter
  • Referrals drove the next 10 customers because the relocation sector is small and organizations talk to each other

Key Lessons

  • 🏋️ 850 rejections to get first customers is normal, not extreme: Oscar powered through 850 cold meetings before landing his first paying customer. Most founders quit after 50 nos - the ones who win treat rejection as a signal to keep going, not stop.

  • 🛠️ Validate through service delivery before building software: Oscar ran a manual relocation business for eight years before building Lodgerin's SaaS. That deep operational knowledge meant he knew exactly which problems customers would pay to automate.

  • 🚗 Show up in person when digital outreach fails: When universities and corporations ignored emails and calls, Oscar flew from Spain to the US, drove college to college, and knocked on doors without appointments. Physical presence breaks through noise that digital never will.

  • 📉 Simple product mistakes can destroy early revenue: Lodgerin's MVP launched without an availability calendar, causing thousands of cancelled bookings in the first quarter. Test the boring operational details, not just the exciting features.

  • 🔄 Let your first customers define the product roadmap: Oscar's first customer did not buy what he was selling. They came back months later with a different problem. Building what customers ask for beats building what you planned.

  • 💰 Bootstrap to validation before raising money: Oscar grew Lodgerin to $1.3M with positive EBITDA before raising 400,000 euros. Investors said yes because he had three years of growing revenue, not just a pitch deck.

  • 🤝 Referrals scale in tight-knit industries: After closing the first customer, word-of-mouth drove the next 10. In niche markets where organizations know each other, one successful deployment becomes your best sales channel.

Watch the Episode

Chapters

00:00Introduction
00:21What Lodgerin does and who it serves
01:43The multi-sided marketplace for mobility services
02:31Running a relocation services business since 2013
04:09How customer-centric expansion shaped the product
06:04Sponsor: Gearheart
07:08COVID hits and everything collapses overnight
09:15Bootstrapping alone with no co-founder or investors
11:52Revenue growth: 171K to 420K to 1.2M euros
13:46Surviving the dark period of COVID
15:40Building software as a non-technical founder
18:17Validating constantly with customers
20:24The MVP: an Airbnb for students that nobody could use
22:16The availability calendar mistake that killed early revenue
24:40Getting first customers through direct sales
27:19850 meetings before the first yes
29:01What kept Oscar going through constant rejection
31:19The first customer says yes
33:29Fundraising: 955 investor meetings for 400K euros
36:06Lightning round and book recommendations
38:57Where to find Oscar and Lodgerin

Episode Q&A

How did Oscar Rubio get Lodgerin's first customers after 850 rejections?

Oscar flew from Spain to the US, drove from college to college, knocked on doors without appointments, and slept in motels and his car. His first customer came inbound four months after a cold visit when the university hit a specific pain point he had pitched.

Why did Oscar Rubio pivot Lodgerin from a services business to SaaS during COVID?

COVID shut down international mobility overnight, destroying his revenue. Oscar realized the only way to scale without depending on physical presence was to digitize eight years of operational processes into software.

How did Lodgerin grow from zero to $1.3M in revenue in three years?

Lodgerin grew from 171,000 euros in 2022 to 420,000 in 2023 to 1.2 million in 2024, each year with positive EBITDA around 14%, fueled by direct sales, referrals, and international expansion.

What was the biggest early mistake Oscar Rubio made building Lodgerin's MVP?

The team forgot to build an availability calendar for property owners. Housing appeared available when it was not, causing thousands of cancellations in the first quarter and nearly destroying early revenue.

How did Oscar Rubio build SaaS software as a non-technical founder at Lodgerin?

Oscar taught himself how SaaS products work, studied the technical landscape, then hired a small team to execute. He focused on understanding processes deeply enough to direct development without writing code.

How did Lodgerin validate its product before building software?

Oscar ran a traditional relocation services business for eight years, manually solving housing, legal, banking, and insurance problems for universities and corporations. This gave him deep knowledge of exactly which processes to automate.

Why did Oscar Rubio fly to the US to find first customers for Lodgerin instead of selling remotely?

Universities and corporations were not responding to emails or phone calls. Oscar decided the only way to break through was to show up in person, knock on doors, and demonstrate the product face-to-face.

How did Lodgerin raise 400,000 euros after bootstrapping to seven figures?

Oscar held 955 meetings with potential investors over four months, from August to December 2023, to close four investors. He waited until the business had validated traction and three years of growing revenue before raising.

What role did referrals play in Lodgerin getting its first customers?

After closing the first customer, referrals became the primary growth channel. The international mobility sector is small, and universities and corporations recommend vendors to each other, which accelerated Lodgerin's next 10 customers.

Book Recommendations

Zero to One

by Peter Thiel

Links

  • Lodgerin: Website | LinkedIn | X
  • Oscar Rubio: LinkedIn
  • Omer Khan: LinkedIn | X

More on First Customers

How to Find Your First Customers by Living in Their Basement - Nate Baker

Nate Baker, Qualia

How to Find Your First Customers by Living in Their Basement

Nate Baker is the co-founder and CEO of Qualia, a software platform for title companies that helps coordinate the complex process of buying a home. Today, Qualia generates over $100 million in ARR with a team of 600 and has raised more than $200 million. In 2015, Nate was 21 years old and decided to build software for the real estate industry. He had no experience in that space. He didn't talk to any customers. He just did some research and decided that was the thing he was going to do. Then he started building. Still without talking to anyone. Nate admits this was a mistake. He and his co-founders got key things wrong about how the business would work. They wasted months building things they eventually threw away. It wasn't until they found their first customer that they started making real progress. Their first customer was Barry Feingold, a state senator in Massachusetts who also ran a real estate law firm. Barry believed in the vision, taught them the industry, made introductions, and helped them understand what actually mattered. The relationship was unconventional: Nate and the first 25 employees rotated through living in Barry's basement. New hires would get a call Sunday night: "Your onboarding is in Andover. You're going to live in Barry's basement for two weeks. He's going to teach you title. You have to tutor his kids in math." But then Barry's existing software vendor found out he was working with Qualia and shut off his access overnight. Nate and his team didn't even have the core features built yet. They had to figure it out fast. It became the most productive month in company history. Barry didn't just become a customer—he introduced Qualia to his competitors. Those network-based relationships became the foundation for the first 10 customers. Nate learned that your first customers must come from your network, not cold outreach. In this episode, you'll learn: 1. How to find your first customers through network-based selling instead of cold outreach 2. The multi-year upfront contract strategy that brings cash forward and locks in commitment 3. Why geographic focus beats national expansion in the early days 4. How to embed yourself with customers to truly understand the problem 5. When to hire your first sales leader and how fast to scale

Agency to AI SaaS: Scaling from $1M to $18M ARR in 9 Months - Richard Hollingsworth

Richard Hollingsworth, Fyxer

Agency to AI SaaS: Scaling from $1M to $18M ARR in 9 Months

Richard Hollingsworth is the Co-founder and CEO of Fyxer, an AI-powered email assistant that predicts and drafts emails for busy professionals. Richard and his brother Archie grew up on a farm, but they knew the slow pace of agricultural life wasn't for them. They saw tech as the opposite environment—fast feedback loops, results within your control. They started by building the UK's largest executive assistant agency, bootstrapping it to $5M in revenue. But from day one, they had a bigger vision: turning the service into software. For years, they tried to build "tech-enabled" solutions, but nothing worked to pull the price down enough for the mass market. Then GPT-3 launched. It was the breakthrough they'd been waiting for. Unlike other AI SaaS startups starting from scratch, Fyxer had a secret weapon: six years of detailed logs from human assistants. They knew exactly how an EA organizes an inbox because they had thousands of hours of data on it. They used this proprietary data to train their AI models, ensuring their product was more accurate than a generic LLM wrapper. The growth was explosive. They started the year with $1M ARR and a team of four. Within 9 months, they hit $18M ARR. They moved to San Francisco, joined an AI residency, and shifted their focus from "Tech Bros" to "Professional Services"—real estate brokers, consultants, recruiters—people who actually drown in email. One of their biggest wins came from a single signup via a Facebook ad. That user turned out to be the CEO of a massive real estate brokerage. Within 7 days, Richard's brother Archie flew to Seattle, met the CEO at his lake house, and closed a $1.2M deal to roll Fyxer out to 5,000 employees.

First Customers From a Notion Page and Python Scripts - Stefan Bader

Stefan Bader, Cello

First Customers From a Notion Page and Python Scripts

Stefan Bader is the co-founder and CEO of Cello, an all-in-one referral platform that helps SaaS companies reward their users for bringing in new customers. Back when Stefan was Chief Revenue Officer at a payment processing company, he noticed something odd. His users were bringing in tons of new customers, but there was no way to reward them. Every tool out there was for affiliates and influencers. Stefan saw the opportunity. And in 2022, he quit his job and started Cello. But building it turned out to be way harder than he'd imagined. Paying individual users meant navigating compliance laws in dozens of countries, international banking regulations, and tax requirements that no one had mapped out before. And his MVP was embarrassingly basic. Customers got their analytics through shared Notion pages. No login portal. No dashboard. Just Stefan's team running Python scripts and configuring everything manually behind the scenes. "This is not a product," one early customer told him. But Stefan stayed focused on what mattered - could it actually generate referrals? The answer was yes. He also made pricing dead simple - pay nothing until you make money from referrals. However, most SaaS companies didn't even know they needed this product. Stefan had to educate every prospect about why user referrals were different from affiliate programs, and why they were leaving money on the table. As early customers started seeing results, word spread. But the real breakthrough came from something tiny - a "powered by Cello" link in their widget. As customers grew, millions of their users saw it. That little link became their biggest growth driver. Today, Cello generates $2.5M in ARR, powers referral programs for companies like Miro and Typeform, and reaches over 7 million users each month.

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