Thousands of cold emails. Zero replies. Eight months of rejection. Palash Soni and his co-founders couldn't land their first customers no matter what they tried. In this episode, founders will learn how they discovered UI—not features—was killing their sales, rebuilt everything in 5 weeks, and landed Drift as the deal that changed everything.
Palash shares the brutal reality of finding first customers in enterprise SaaS: why early-stage startups wouldn't commit even though they said they loved the product, how giving equity to mid-level advisors unlocked critical intros, and the persistence it took to email Drift's founder three times before getting a response.
Today, Goldcast has grown beyond $10 million ARR serving 400 customers including Salesforce, Zuora, and Lattice—proof that the struggle to find first customers can lead to enterprise success.
🔑 Key Lessons
🎯 Split-test outreach to find your first customers: Palash sent 200 emails split between two segments—one responded, one didn't. This revealed the real ICP before building.
📉 Listen when prospects reject you: For 8 months, people mentioned the UI looked bad. Palash dismissed it until zero traction forced a 5-week rebuild.
🚀 Persistence unlocks breakthrough deals: Palash emailed Drift's founder three times before getting a response. That single customer unlocked inbound leads.
💰 Willingness to pay reveals your real ICP: Startups wouldn't commit; larger companies signed annual contracts despite a half-built product. Follow the money.
🏢 Use advisors strategically for first customer intros: They gave equity to mid-level directors who could open doors—not executives too busy to help.
🤝 Invest in support as a growth channel: Word-of-mouth research revealed "great support" drove referrals, so they doubled the team to respond in 30 seconds.
Chapters
Introduction and favorite quote
What Goldcast does and who it's for
Revenue, team size, and funding ($10M+ ARR)
Origin story at Harvard Business School
Validating the idea with cold emails
Split-testing outreach to find first customers
The 8-month struggle to land first customers
Why early-stage startups wouldn't commit
The UI problem nobody wanted to hear
Rebuilding the entire UI in 5 weeks
Landing Drift as the breakthrough first customer
How one customer unlocked inbound leads
Finding the right ICP through willingness to pay
Using advisors to unlock intros
Growing from first customers to $1M ARR
Running events about events as a growth channel
The $5M ARR churn problem that forced a pivot
Pivoting from events to video content platform
Investing in support as word-of-mouth fuel
Lightning round questions
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Resources
Full show notes: https://saasclub.io/420
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The SaaS Podcast is the go-to resource for B2B SaaS founders and entrepreneurs who want to build, launch, and scale successful software businesses. Hosted by Omer Khan, we deliver honest, in-depth interviews with proven SaaS founders who share the specific strategies they used to generate recurring revenue and reach product-market fit.
Whether you are bootstrapping a micro-SaaS, seeking venture capital funding, or scaling past $10M ARR, you will find actionable tactics here. We unpack the real stories behind the wins, failures, and pivots, covering essential topics like SaaS growth, enterprise sales, product-led growth (PLG), marketing, and customer acquisition.
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