Jason T. Ray is the founder and CEO of Paperless Parts. Paperless Parts is a SaaS company for manufacturing companies. Jason is an incredible founder with an depth knowledge on company building. This was one of the most educational chats I had!Key Takeaways:
- Jason: PMF is not finite “the wave is just starting, it’s very easy to get crushed by a wave” once you achieve it, you have to maintain it, advance it, adapt to customer demand.
- Jason emphasized the importance of being able to have a 1:10 ratio of: "perception of the amount of change vs the perception of the amount of value that can be delivered". I found this brilliant and adapted it on our website right after our call!
Phased PMF:
- PMF is based on phase: 1) brut force phase to go from $0-1M ARR. Scrappy, prototype vibes. 1-3 people.
- $1-10M phase, larger group but very much unnatural heroic effort. 20 people team… Still doing things that don’t scale… But that’s what drove his company to 10M.
- Going from $10-100M is a completely different motion. Process and symptoms. “This is the year of process and systems” polish the edges, smoother, more repeatable.
- ICP is critical. Discipline around that is key. As he tried to expand ICP he was constantly in search of PMF.
Books:- Extreme ownership
- Culture code
- Radical Candor
- Don’t make me think
- Product Led Onboarding & Growth