THE SAAS BLOG

Engineering growth: How we got our first 20 paying SaaS customers

Updated: October 17th, 2024
Published: October 11th, 2024
Growth hacking is not about taking shortcuts, or get rich quick schemes. It's about systematically finding creative ways to engineer growth and get customers for a startup. Here is the guide on how we got our first 20 SaaS customers - and how you can too.

Contents

Growth hacking is not about taking shortcuts, or get-rich-quick schemes. It's about systematically finding creative ways to engineer growth and get customers for a startup.

Here is the guide on how we got our first paying 20 SaaS customers - and how you can too.

What is growth hacking?

After now 4 spending years engineering growth myself for my B2B SaaS past 100 paying customers - and running experiments almost every day of the week. Here is my take on the definition of growth hacking.

β€œFinding ways to get outsized growth returns with fewer resources - either amongst customers, optimizing existing growth channels, or finding new ones.”

Imo 'growth engineering' is a more accurate term than growth hacking.

Growth hacking in 5 steps

  1. πŸ§ͺ run scientific experiments

  2. πŸ› οΈ get practical with it -> get your hands dirty

  3. ✏️ produce content, code, etc. to scale yourself

  4. πŸ“Š measure, follow-up and find what works -> double down

  5. πŸš€ make growth happen

What growth hacking is NOT

  • ❌ get-rich-quick schemes

  • ❌ finding a silver bullet that solves growth forever

  • ❌ something theoretical you draw up in the boardroom

What growth hacking IS

  • βœ… systemizing growth like an engineer (A/B testing, Bullseye Framework, etc)

  • βœ… being creative, finding new ways to grow with limited resources

  • βœ… not brute forcing channels everyday just because you "should"

  • βœ… having your company spend time on the right things to reach your ICP

  • βœ… introducing growth hooks into your product -> expose it to the world

  • βœ… finding paths of least resistance

Growth channels

There are lots of channels to choose from when growing a startup.

To be more specific there are 19 growth channels listed in the book 'Traction: A startup's guide to getting customers' by Gabriel Weinberg (2014).

The 19 Growth Channels for startups to get traction

You should not work with all channels, or even experiment with all of them. But it's good to have an overview - to make sure you pick the right ones for your (1) startup and (2) ICP.

But also the (3) right way to grow for you as a founder, as founder-gtm fit is imo hugely important to succeed.

How to choose between growth channels?

You can use the Bullseye Framework (also from the book Traction) to choose a few ones - to make sure you stay focused, while allowing for experimentation.

The Bullseye Framework

The 5 growth channels that took us to our first 20 paying SaaS customers

Here are the 5 growth channels that produced our first 20 paying B2B SaaS customers for my startup Univid.

  1. Partners & doped WoM πŸ’‰

  2. Outbound sales ☎️

  3. Existing communities

  4. Built in virality 🦠 

  5. Founder-led content ✏️

Let's take a look at each one and see exactly what we did. (coming soon..)

Talk on Growth Hacking at KTH Innovation - Jonathan Rintala

Me giving a talk on the topic of Growth Engineering at KTH Innovation in Stockholm, Sweden