Sean Boyce: From scaling SaaS products to enabling financial inclusion
Podcast:Scouting for Growth Published On: Thu May 11 2023 Description: On this episode of the Scouting For Growth podcast, Sabine VdL talks to Sean Boyce, an expert product builder who helps companies, large and small, realise their vision when developing and owning world-class SaaS products without making the mistakes most product companies make. Sean has successfully scaled his own product companies, including StaffGeek and Podcastchef. Today, though, NxtStep Sean helps B2B SaaS businesses to build the products that matter most for their target audiences. On this episode, the pair discusses FinTech trends, automation and ChatGPT, market challenges, current capital access needs, why it’s essential to democratise access to drive financial inclusion, and Sean will share some thoughts on how to build good SaaS-based B2B product offerings. KEY TAKEAWAYS I’ve always been involved with and fascinated by technology, both hardware and software, but I got very excited about the possibilities of software earlier on in my career, particularly automation. It has the potential to put the people in the process in a better position to leverage technology and software to make incredible leaps in progress. I worked in corporate and startups, building companies of my own in tech and finance. I like to spend time diving deep into industries, talking with subject matter experts, and better understanding the progress they’re trying to make and what’s holding them back. Usually, there’s a bottleneck in the process somewhere, and I look to try to figure out what is the fastest, most cost-effective way that I can leverage technology or put a strategy in place that enables them to make considerable progress in a shorter period of time, much more cost-effectively than how they’re trying to solve that problem today. Chat GPT is pretty remarkable and has made its way around the world relatively quickly since they released some of their latest updates. That’s really interesting in terms of what that product is capable of. I think we’re going to see a new ‘gold rush’ leveraging tools like that based on what people have been able to see it’s capable of in order to use as a tool, or a component to build other tools and resources for people to get a lot of value out of. One of the most revolutionary elements of Chat GPT is that it’s a leap forwards in progress in how we access information – or it’s going to be, as it get continually polished – as opposed to most people’s current strategy, which is to leverage a search engine like Google where I’m presented to a list of results after I ask my question, some of which may or may not get what I’m looking for based on how I asked the question and whether or not that information is out there and available yet. You have to update and evolve your strategy for innovation and investment in your company, based on the implications of global changes for your organisation. As money is no longer as accessible or cheap as it once was, fundraising and gaining access to the capital you might need to do what you want will probably be a bit more difficult, which raises the bar for who will receive capital and when, making competition fiercer. Try to make as much progress on your own as you can with the resources you have. It will usually turn out to be advantageous in the future. BEST MOMENTS ‘I’ve always looked to automate the time-consuming but error-prone elements of any processes that we might need to do so that people can leverage the technology in a better and more empowering way, so they can make considerable progress with a lot less resources, much, much faster.’ ‘I’ve seen Chat GPT being used in everything from automating significant, time-consuming elements of content creation and copywriting all the way through to using it to write code for you to build applications and building blocks as opposed to writing anything in a customer fashion.’ ‘Whenever possible, making processes that are really important simpler ultimately makes them more effective.’ ABOUT THE GUEST Sean Boyce helps SaaS businesses realize their vision of owning a world-class software product WITHOUT making the mistakes that typically sink most product companies. Sean has already made those mistakes, having successfully scaled his own product companies (staffgeek.com and podcastchef.com). Sean loves to receive questions on how he can help founders and their products. Just email him at sean@nxtstep.io or booking time to discuss whether it would make sense to work together using the link below. https://nxtstep.io/ ABOUT THE HOST Sabine VanderLinden is a corporate strategist turned entrepreneur and the CEO of Alchemy Crew Ventures. She leads venture-client labs that help Fortune 500 companies adopt and scale cutting-edge technologies from global tech ventures. A builder of accelerators, investor, and co-editor of the bestseller The INSURTECH Book, Sabine is known for asking the uncomfortable questions—about AI governance, risk, and trust. On Scouting for Growth, she decodes how real growth happens—where capital, collaboration, and courage meet. If this episode sparked your thinking, follow Sabine VanderLinden on LinkedIn, Twitter, and Instagram for more insights. And if you’re interested in sponsoring the podcast, reach out to the team at hello@alchemycrew.ventures