Hiring & Scaling: How to Prepare Your Company for Growth, with Boris Bösch from Everstox

About this episode

Boris Bösch faces an enormous challenge: He wants to scale his startup Everstox from a team of 40 people to 150 people within one year. Such an aggressive growth strategy after a Series A funding round requires thoughtful planning and a structured approach.

The Right Time for Series A

Timing for a Series A round is crucial. Boris explains why it was exactly the right moment for Everstox to start this important funding round. Various factors play a role here: market position, product maturity, and especially the team's readiness for the upcoming growth.

Adapting Organizational Structures for Rapid Growth

When a company grows from 40 to 150 employees, existing structures are no longer sufficient. Boris shares his insights on how organizational structures must be proactively adapted before chaos breaks out.

Particularly critical is the introduction of a management layer. Many startups delay this step, but Boris shows what must be considered when implementing a leadership level and how the new structure looks at Everstox.

The Challenge: Finding Good People

The biggest hurdle in scaling is often not money, but finding the right talent. Boris explains his strategy for finding all the good people that Everstox needs for aggressive growth.

The existing team plays a central role in the recruiting and hiring process. Every employee becomes an ambassador for the company and helps attract new talent.

Effective Recruiting Channels

Not all recruiting channels work equally well. Boris openly shares which channels are particularly successful for Everstox in winning qualified candidates. These insights can help other founders optimize their recruiting strategy.

Salary Structures During Rapid Growth

One of the biggest concerns with rapid hiring: How do I hire many people without destroying the salary structure? Boris explains how Everstox solves this problem and maintains a fair, scalable compensation structure.

This includes salary ranges from junior to senior level and the strategic decision of when to hire someone versus developing internally.

Transparency with Funding Rounds and VSOPs

Funding rounds and Virtual Stock Option Programs (VSOPs) can be confusing for the team. Boris shows how he makes these complex topics understandable to his team and when VSOPs should be used sensibly.

Measuring Success During Scaling

How do you measure success during aggressive growth? Boris shares the KPIs that Everstox uses to measure the success of their scaling strategy.

Everstox: Taking Logistics to the Next Level

Beyond hiring strategies, Boris also provides insights into Everstox's business model. The company optimizes warehouse and fulfillment processes, taking the logistics industry to the next level.

The insights from Boris' experiences are valuable for any founder facing the challenge of rapidly scaling their company after a successful funding round. Finding the balance between speed and structure is the key to success.