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Fitbod · B2C · strength training workout app

Spend years as two founders on product before hiring, raising or buying ads

Paid ads scaled right away when switched on; organic subs grew in line

Workedvalidationfinancingpaid-social

What they did

The two co-founders spent the first several years alone building product and listening to customers (users emailed unprompted with feedback and requests), relying on engaged users to spread the word. Monetized in 2016 and only raised a seed round about 1.5 years later. Paid advertising was turned on only once conversion and retention (LTV) were strong, and treated as an accelerant to the word-of-mouth loop rather than the foundation.

What happened

Once paid advertising was turned on, unit economics were immediately scalable, which enabled fundraising and hiring; as paid subscribers ramped, organic subscribers grew in line. The business grew largely on its own revenue.
Stage
Pre-launch (pre-seed to seed)
2:07
“So Allen, my co-founder, and I, we spent the first several years just the two of us building product, listening to customers, before hiring, before fundraising, before marketing, and really trying to leverage an engaged user base to spread the word.”
Jesse Venticinque
2:37
“And once we did turn on paid advertising, the unit economics were pretty immediately scalable, I think particularly because of our strong conversion and retention or LTV, which kind of enabled fundraising, enabled hiring.”
Jesse Venticinque
3:04
“And so like as we ramped our paid subscribers, our organic subs kind of grew in line.”
Jesse Venticinque

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