Entrepreneur

SimpliSafe Chased the Wrong Customer. This Pivot Saved The Business.

SimpliSafe is a security system built for renters. But it unexpectedly gained traction with homeowners.
Source: Courtesy of SimpliSafe
Courtesy of SimpliSafe

Chad Laurans was convinced he’d made the perfect product for the perfect customer. He’d done his research, refined his marketing, launched a home security company called with high expectations -- and then was promptly disappointed. “Things were going pretty slowly,” he says. “It felt like we were headed toward this middling outcome where we could spend years and maybe

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