Building in Public #6

Aizat Rahim · CEO & Co-Founder, Borong

I'm about to admit something most founders won't say out loud.

Selling enterprise procurement is brutally unsexy, and the parts that actually win you the deal are the ones nobody puts in their investor deck. It's the third coffee with a procurement manager who still isn't the decision maker, the long drive to their HQ in traffic, the teh tarik for the team you're trying to win over, the same deck reshown to finance, ops, IT, legal, then back to procurement because someone got promoted in between. By the time the contract is signed, you've done 30+ meetings, subsidised more karipap than you can count, and none of it shows up in a CAC calculation. For a long time, I thought that was just the tax you pay for landing big deals. I was wrong.

A few weeks ago, I sat across from one of the largest banks in MY & somewhere in between, they asked us to run a training program for their team. A year ago, I would have politely deflected and steered the conversation back to the platform, because training revenue doesn't scale & doesn't fit the SaaS curve I want to underwrite. This time I said yes on the spot, and the same has happened with several of our other enterprise clients across O&G, aviation, and property. The pattern is too consistent to be a coincidence.

All those unsexy hours sitting with procurement, finance & ops teams weren't just sales overhead, they were the slowest and most expensive form of market research money can buy. They taught us how these enterprises actually buy, where their processes break down, and which parts of their workflow nobody inside has ever fixed because everyone is too busy firefighting to notice. The solutions our clients eventually asked us to deliver were almost never the ones we walked in to sell.

Here's what founders building enterprise solutions underestimate: anyone with capital and engineers can build a product. The real moat sits one layer deeper, in the data you accumulate across thousands of transactions, the institutional knowledge from those endless meetings, and the insights you can hand back to clients about their own business because you see patterns across the whole market they cannot see from inside their own walls. You don't copy that by raising a bigger round. You only earn it by doing the un-sexy work for long enough.

So we're saying yes to training, consultancy, and engagements that don't repeat but close fast. The real reason isn't the cash, it's that every engagement deepens the moat in a way another platform cannot replicate. You cannot shortcut the relationship it took to earn the trust.

If you're a founder in the messy middle, take the consulting gig, run the workshop, send the invoice, and pay attention to what you're learning while you're there. Scale will wait for you, but survival won't, and the data and insight you collect along the way might turn out to be the most defensible thing you ever built.

Still here, still rowing :)

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