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SignalFinder: Our Journey to Product-Market Fit

November 5, 2024
10 min read

Building a product is hard. Finding product-market fit is harder. Here's the story of how we built SignalFinder and the lessons we learned along the way.

The Problem

It started with frustration. As sales professionals, we were spending hours every day on manual prospecting:

  • Scrolling through job boards
  • Reading funding announcements
  • Researching companies
  • Finding contacts
  • Writing personalized emails

We knew there had to be a better way. But every tool we tried made things worse, not better. They were either too generic, too expensive, or too complicated.

The Idea

What if we could automate the research part of prospecting? What if we could:

  • Monitor buying signals automatically
  • Enrich prospect data instantly
  • Generate personalized outreach at scale
  • Focus on relationships, not research

That was the idea behind SignalFinder.

Building the MVP

We started with a simple question: "What's the minimum we need to prove this works?"

Week 1-2: Manual Process

Before building anything, we manually did what we wanted to automate:

  • Monitored 10 funding databases
  • Checked 5 job boards daily
  • Researched 20 companies per day
  • Wrote personalized emails

Result: We booked 3 meetings from signals we found manually. The concept worked.

Week 3-4: First Prototype

We built a simple script that:

  • Scraped funding announcements
  • Matched them to our ICP
  • Generated basic email drafts

Result: It saved us 2 hours per day. We knew we were onto something.

Week 5-8: Beta Version

We added:

  • Job posting monitoring
  • Basic enrichment
  • Email templates
  • Simple dashboard

Result: We used it ourselves and closed 2 deals we wouldn't have found otherwise.

Finding Early Customers

With a working prototype, we needed to find customers. But we didn't have a marketing team or budget. So we did what we knew best: we sold.

The Approach

  1. Use our own product - We used SignalFinder to find prospects
  2. Share our story - We talked about the problem we were solving
  3. Offer early access - We gave free access in exchange for feedback
  4. Iterate quickly - We fixed issues within days, not weeks

The Results

  • Month 1: 5 beta customers
  • Month 2: 15 beta customers
  • Month 3: 30 beta customers
  • Month 4: 50 beta customers

Each customer gave us feedback. Each piece of feedback made the product better.

Key Learnings

1. Start with the Problem, Not the Solution

We didn't start by building features. We started by understanding the problem. This kept us focused on what actually mattered.

2. Use Your Own Product

We were our own first customer. This meant we felt the pain points immediately and could fix them quickly.

3. Talk to Customers Constantly

We talked to every customer. Weekly check-ins, feature requests, bug reports—we listened to everything.

4. Ship Fast, Iterate Faster

We shipped features weekly, sometimes daily. Not everything worked, but we learned quickly.

5. Focus on One Thing

We didn't try to build everything at once. We focused on signal detection first, then enrichment, then outreach.

The Pivot

After 3 months, we realized something: our customers weren't just using SignalFinder for signal detection. They were using it as their entire prospecting workflow.

So we pivoted. Instead of just a signal detection tool, we became a complete prospecting platform:

  • Signal detection
  • Prospect enrichment
  • Outreach automation
  • CRM integration

This pivot doubled our customer satisfaction and retention.

Reaching 100 Customers

By month 6, we had 100 paying customers. Here's what got us there:

Word of Mouth

Our best customers became our best marketers. They told their networks, and those networks signed up.

Content Marketing

We started writing about what we learned:

  • Buying signals
  • Outreach best practices
  • Sales process optimization

This brought in prospects who were already interested in what we were building.

Product-Led Growth

The product itself became our best sales tool. Prospects could see value immediately, which made selling easier.

What We Learned About Product-Market Fit

Product-market fit isn't a destination—it's a journey. Here's what we learned:

1. It's Not About Features

We thought we needed more features. We were wrong. We needed the right features, done well.

2. Speed Matters

Moving fast let us learn quickly. Every week we shipped something new, we learned something new.

3. Customers Are Your Best Teachers

Every customer conversation taught us something. We just had to listen.

4. Focus Beats Features

Doing one thing really well beats doing many things poorly.

5. Metrics Tell the Story

We tracked everything:

  • Daily active users
  • Feature usage
  • Customer satisfaction
  • Churn rate

The numbers told us what was working and what wasn't.

Where We Are Now

Today, SignalFinder helps hundreds of sales teams:

  • Find qualified prospects faster
  • Personalize outreach at scale
  • Close more deals

But we're just getting started. We're still learning, still iterating, still improving.

What's Next

Our journey continues. We're working on:

  • Better AI for personalization
  • More signal sources
  • Deeper integrations
  • Advanced analytics

But the core mission remains the same: help sales teams find and reach the right buyers at the right time.

Advice for Other Founders

If you're building a product, here's our advice:

  1. Start with the problem - Understand it deeply
  2. Use your own product - Be your first customer
  3. Talk to customers - Constantly
  4. Ship fast - Learn quickly
  5. Focus - Do one thing well
  6. Measure - Track what matters
  7. Iterate - Never stop improving

Building a product is hard. Finding product-market fit is harder. But it's possible. We're proof of that.


Want to join us on this journey? Join the SignalFinder waitlist to be among the first to experience what we're building.