What's the story with all of this "Fractional CXO" stuff? I'd never even heard of it until 6-9 months ago and now it seems everyone on LI is a Fractional CTO, CFO, COO, even CEO in some cases. Is it just glorified advisory work or are small companies actually doing part time C-suite?

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It’s a sly way to say that they’re in demand and currently working BUT also available to work immediately if there’s a paying role”. That’s all it is. Fractional is the new en vogue way to say contract or freelance worker.

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I know several people who have tried to break into this space with no luck. It’s part of the freelancer / on my own dream sales pitch. Like who wouldn’t want to be a part-time, on contract, CXO? Problem is very few companies are looking for this kind of person. I think interim CXO might be the better way to pitch it?

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I’ve seen it mostly at startups where folks are freelancing across multiple of them

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Very common in startup life sciences companies.

It’s been around for a while. Mostly used by small companies who want high level resources to take operator level responsibilities but aren’t at a stage where they can afford them full time. Not everyone who says they are doing it is really doing it at legit (even) small companies.

It’s retainer based approach. 10-15 hours a week.

It’s for people who couldn’t find full time jobs. At least the folks I know who are doing it.

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