[SaaS Club] Turning client pains into an 8-figure ARR SaaS

Hey Reader

I hope you're doing well.

Here's a quick round up of what's been going on at SaaS Club:

🎧 Podcast

From Client Pains to an 8-Figure ARR SaaS Company

In 2014, Nabeil was working as a consultant with Fortune 500 companies helping to set up and implement sales compensation plans.

He saw firsthand how manual the implementation was. And once live, any changes to compensation would often take 6 to 8 months to implement.

It was this experience that sparked the idea for Forma.ai.

Two years later, after he'd moved onto another job, an old client contacted Nabeil needing help updating their system. He seized this chance to pitch his vision for a software product that didn't yet exist.

The client told him that they would give it a shot if he could get a working product to them within 8 months.

This was the opportunity he had been waiting for.

Nabeil left his job and incorporated Forma in 2016. With no funding yet, he used his savings to hire a small team and build the initial product out of his dining room.

Today Forma is an 8-figure ARR business that has raised $58 million and has grown to a team of over 125 people.

I hope you enjoy it.

Listen to the full podcast episode

📗 Book of the Week

This week's book recommendation is:

Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts by Annie Duke

🌐 Around the Web

YouTube Channel

Here's a link to the full video episode.

😍 Let's Get Social

Want to get more social? Follow me on Twitter or LinkedIn.

Have a great week!

- Omer

Interested in sponsoring The SaaS Podcast? Learn more here.


P.S. whenever you're ready, here are 3 ways I can help you:

1. SaaS Club Plus: We're re-launching a brand new paid community for SaaS founders with an exciting new offering. Join the waitlist!

2. SaaS Club Launch: A 12-week coaching program to help you launch your SaaS and/or get to $10K MRR faster. 

3. SaaS Club Clarity:  Book a 1-hour consulting session with Omer to get unstuck and gain clarity about your SaaS business.