Episode Details
Back to EpisodesFinding Product-Market Fit: 9 Doctors Signed Before Code
Description
Luke Kervin walked into a doctor's office with a business card for a company that didn't exist and a product he hadn't built. He walked out with a signed contract for $500 a month. He did that nine times before writing a single line of code. That SaaS product validation approach was Luke's method for finding product-market fit - and it launched PatientPop.
Luke's PMF journey started with failure. His original healthcare idea flopped, but asking doctors what kept them up at night revealed a much bigger opportunity. Validating product-market fit took under two weeks with nothing but business cards and a brochure. Then he proved the model by manually driving 21 new patients per practice in the first 30 days.
Luke Kervin is the co-CEO of PatientPop, an all-in-one practice growth platform for healthcare providers. The company was founded in 2014, raised $24 million, and scaled to 142 employees in just two years with a field sales team closing at 30%+ rates.
π Key Lessons
- π― Finding product-market fit doesn't require code: Luke signed 9 paying doctors using only business cards, a brochure, and a landing page - proving demand in under two weeks.
- π A failed idea can lead to finding product-market fit gold: Luke's original idea flopped, but asking doctors what kept them up at night revealed a much bigger opportunity worth $24 million in funding.
- π€ Hire two sales reps to avoid false conclusions: One rep crushed it while the other struggled - hiring only one could have led to the wrong conclusion about product viability.
- π Manual delivery proves product-market fit faster than code: By manually building directory profiles and websites, PatientPop drove 21 new patients per practice in 30 days - validating before automating.
- π’ Moving upmarket requires a different playbook: PatientPop jumped into mid-market sales too early and discovered larger practices had different needs, longer sales cycles, and required a different selling process.
Chapters
- Introduction
- Meet Luke Kervin and PatientPop
- What PatientPop does for healthcare providers
- How the idea started in a doctor's office
- The pivot from failed idea to finding product-market fit
- Validating demand without a product
- All nine doctors signed up
- Proving product-market fit with a manual MVP
- Tactics that drove 21 new patients per practice
- Growing the sales team and early mistakes
- Criteria for choosing what business to build
- Why hiring two sales reps matters
- Building the executive team
- Mistakes moving to mid-market too fast
- Pricing model and expansion opportunities
- Fundraising strategy across angel, seed, and Series A
- Lightning round
Resources
- Full show notes: https://saasclub.io/126
- Join 5,000+ SaaS founders: https://saasclub.io/email