Our team is growing rapidly as we get ready to take the next big steps on our SaaS growth journey! One of the newest members of our team is Peeter Kiis, Product Owner.
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He joined our team during spring 2023 and is now developing our product management processes further, and making sure that we are building the right things in our SaaS product â in a smart way that delivers the most value to our customers.
Letâs delve into the three biggest reasons that made Peeter become interested in joining Fondionâs growth journey. Were they just fancy promises during the recruitment process â or have these things actually come true in his daily life a few months in?
Three observations about joining Fondion
#1 Solid team with strong industry knowledge
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As someone who moved to Finland from Estonia years ago, Peeter has kept a close eye on the job market and made ongoing observations about it. He came across Fondion on Linkedin when browsing whatâs currently available in the market.
âWhen I came across Fondion, something about it immediately clicked for me. After a couple of interviews with the Product Lead, Jarmo and the Tech Lead Kimi, Fondion seemed like a solid team and left quite a strong impression on meâ, Peeter says.
In the SaaS startup scene, there are many young founding teams that are focused around the latest trends and, for example, the possibilities of AI.
âThereâs nothing wrong about joining a new industry because of fancy buzzwords and hot trendy stuff â these young teams often learn as they go but with that comes the heightened risk of failure. But the vibe I got from Fondionâs team was that they have a very deep understanding of their domain, the construction industryâ, Peeter says.
âInstead of getting a startup idea overnight and throwing VC money at it â they have developed their knowledge by working in the industry for years, and built a SaaS product that solves the most critical problems of the industry. This explains the traction Fondion has got already after just 2 years.â Â
The goals of the Fondion team seemed very clear to Peeter from the get-go.
âTalking to people at Fondion, everyone seemed to know clearly what the expectations for them were, and what they were going to do next. ERPs, such as Fondion, in general tend to be complex and difficult to pick up. Still, after a 5-minute pitch, I had an understanding of what the product does even if I had no previous experience from the construction industry. The teamâs communication about it was top notchâ, Peeter says.
#2 Product of many possibilities
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First, after his BBA degree in 2016, Peeter transitioned his career to project management, and moved forward to product management and development. He ended up shifting his focus towards the startup environment in his career.
âI have worked as a Product Manager in the B2B SaaS sector also before Fondion. In terms of product and startup cycle, Iâve picked up one thing that is especially important: focusâ, Peeter says.
During the first two years of a startup journey, it can get pretty stressful when everything is shaky. You donât yet know if the customers are going to stay, nor what is the most impactful value generator you can offer them.
âFondionâs product has been around only 2 years now. It usually takes quite a while to reach the product-market-fit, but Fondion has already established themselves in the market because the product delivers so much value to the customersâ, Peeter says.
âWhat Iâm seeing is that the fundamentals to building a great product are in place. But now rather than scaling up and trying to satisfy everyone â we are thinking about bringing the focus back to where Fondionâs strengths lie. We are on the verge of figuring out what the most valuable core offering of the product is.â
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âIt usually takes quite a while to reach the product-market-fit, but Fondion has already established themselves in the market because the product delivers so much value to the customers.â
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Now, Peeter and his team are focused on enhancing the product and making sure it is the best quality, doesnât have a lot of bugs, is visually attractive and easy to use. The current focus is on the Finnish market, being the best in business and answering to the needs of the construction industry.
âWhen that target is reached, we can start moving to the international markets. From there, there are a lot of possibilities as the construction industry is huge globally! True market capitalization depends on what we are going to focus on, thatâs the key!â, Peeter thinks.
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#3 Transparent culture means talking about the problems, too
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It is an interesting time to join Fondionâs journey for sure. According to Peeter, you can have a lot of impact and learn tons both personally and professionally. One of the things that helps people to learn is the culture that is genuinely open for feedback.
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âFondionâs founders understand the value of a great culture and building it intentionally. Itâs not about what they write down in a company handbook, but how they themselves act on a daily basis.â
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âEven the founders are super open for feedback. They are the subject matter experts, but they are always listening to others and making decisions based on what they hear â not who says it. This is valuable in bringing the best in people and their strengths. If you notice something to improve, you can do it, and if you feel comfortable taking responsibility for it, the better!â says Peeter, who didnât have previous experience in the construction industry.
Peeter mentions that already during the recruitment process, there was open and honest communication about what the overall role and challenges would look like. He felt like what he sees is what heâs going to get, because the founders were super honest about the problems there would be, too. On top of the day-to-day Product Owner role, there would be a lot of processes to develop.
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Already during the recruitment process, there was open and honest communication about what the overall role and challenges would look like. â âThey were happy sharing the challenges as well. This led to me knowing about all the problems I would be facing in my role.â
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âThey were happy sharing the challenges as well. This led to me knowing about all the problems I would be facing in my role. For example, one of the challenges was that on a day-to-day basis there was friction with the product team being a bottleneck to product development. The development team was waiting for tasks to develop, when often itâs the other way around. Knowing this helped me to understand what I need to put a lot of focus on: the delivery pipeline needed to be further improved, and this would perhaps require changes from the whole organizationâ, Peeter says.
Now that Peeter is working on these things, it has become obvious that it might still take a while to get things running smoothly â and with plenty of conscious effort. Still, that didnât come as an unpleasant surprise to him. Transparency in Fondionâs culture means talking about the challenges openly from the get-go, too.
âA lot of it comes from the maturity of the founders, they understand the value of a great culture and building it intentionally. Itâs the founders who establish the foundations for the culture, and itâs not about what they write down in a company handbook, but how they themselves act on a daily basisâ, Peeter says.
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