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From 11 to 100 Employees
The key to scaling up
Fabien Pinckaers
Odoo Founder & CEO
Odoo’s Hypergrowth
# of Employees
2004: 1
2007: 10+
2010: 100+
2018: 500+
2019: 900
Scaling
a Sales Team
Sales Learning Curve:
Recruit 3 salespeople, wait until they
get on target, only then you can scale
How to Identify Good
VPs of Sales?
They continuously train,
coach, do pipeline reviews
When you grow fast, future
customers are 10x more valuable
than current ones.
Opening
Subsidiaries
Getting the right director is
more important than choosing
the right location.
Don’t recruit an experienced
VP of Sales or CEO...
Unless you are too rich!
A young, over-achieving,
existing employee is
the safer choice
Management from a
distance does not work!
Role
of the CEO
As you grow, the CEO becomes the
Chief Explanatory Officer
Good
managerial
decisions
(top-down)
Bottom-up
innovations:
Culture
SmallMediumLarge
As the company grows,
the role of the CEO switches
Your company needs you
more than customers, projects,
conferences, or social clubs
Focus, Focus, Focus
“We will not do that!”
Is more powerful than
“The priority is this!”
Top managers are
employees too
When Things Get
Very Bad
Do not dismiss employees
in waves: cut once, but hard
Don’t BS employees:
When times get hard,
communicate clearly.
From “no more cash”
to “bankruptcy”,
You have 2 years.
About
Fundraising
Timing is the most critical
component of any negotiation!
Belgium Only:
Taxes on stock options
are great, but can be tricky
Sometimes you need to
act like a shareholder,
not like a manager
You can crack
anything
Read the Law
About
People
Recruitment Is Key
Focus: IQ Test, Real Tasks
Evaluate Competencies, Not Experience
Onboarding new
employees massively
boosts productivity!
Above 50 employees,
manage salary packages
based on employee costs
Last Tip
Use Odoo!Seriously, the right tools changes everything.
Questions?
@odoo - @fpodoo
2019

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