The 20 Interview Rule: Essential Customer Discovery Before Building Your SaaS Product
Jason Lemkin argues that SaaS founders should conduct 20 interviews with real, potential customers before writing code to understand their target market and avoid building products that miss the mark. The article contrasts two $1M ARR startups, showing how early customer knowledge creates better positioning for scaling to $5M-$10M ARR. Lemkin breaks down the 20-interview framework into three phases: understanding the white space (interviews 1-5), confirming patterns (6-10), and refining pitch and strategy (11-20).
Metrics in this report
1m$
both startups
SaaS startups analyzed in article
78interviews
in Q4 only
resulted in $0 to seven figures in months
20interviews
minimum before code
enterprise/business SaaS startups
100k$
both startups
SaaS startups in growth stage before divergence
30interviews
optimal
enterprise/business SaaS startups if resources allow
5-10m$
growth target
scaling from $1M ARR with early customer knowledge