Fortune’s Path: the Blog

Our collection of ideas and tools for building great products and leading a life founded on love. Because the best way to get rich is to help others.

SaaS, Sales Tom Noser SaaS, Sales Tom Noser

Seven Rules to Create a Great SaaS Business Model

Consider this your product strategy / product launch / market strategies cheat-sheet:

  1. Choose a smallish well defined market and dominate it

  2. Solve a known problem within a larger vision

  3. Achieve must-have status — no ROI required

  4. Straddle the line between enterprise software and consumer software

  5. Don’t sell to CIOs

  6. Keep refining your pitch until a 24 year-old can say it over the phone in a first conversation and set the hook for a long sale

  7. Keep selling more stuff to the same people

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Sales, Product Management Tom Noser Sales, Product Management Tom Noser

Graciousness as a Competitive Advantage

Acknowledging who you are with, their history, their struggles and triumphs, is graciousness, and it’s an awesome sales technique. We want to buy from people and products we trust. It’s hard to establish trust if you have no empathy, if you don’t acknowledge your audience. Why should I buy from someone who’s guiding principle is “I care nothing for you”?

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Slay Your Dragons, But Which Ones?

Slaying your dragons doesn’t always mean having the courage to do what you love. Sometimes it means having the courage to do what you don’t want to do, but know needs to be done. Dragons are imaginary, but they still take courage to overcome. Less than 1% of all the things I worry about have happened, yet the fear is just as real as if I’d stepped into dragon slobber.

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Leadership Tom Noser Leadership Tom Noser

Margaret’s Birthday

Our beloved co-founder Margaret the Pug celebrated her 17th birthday on May 27. 17 for her is like 94 for us, assuming no other dogs are reading this. She’s an inspiration and daily example of grit and perseverance. Check out this short video to see what we mean.

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Product Management, FinTech Tom Noser Product Management, FinTech Tom Noser

Chris Boyd: Wise Product Management

Tom talks with Chris Boyd, head of product for Built Technologies, start-up advisor, mentor, and one of the wisest people we know working in product management. Built Technologies recently announced a series C round worth $88M.

Tom and Chris talk about Chris's transition from project manager to product manager and play a game of "spontaneous product development" to create a product to disrupt the U.S. education market.

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