Becoming a Fractional Executive
Let's embark on an exciting journey, a revolutionary way of reimagining the traditional executive role: becoming a Fractional Executive.
In today's rapidly changing business landscape, many executives feel trapped in continuous challenges and burnout. Long working hours, excessive responsibilities, and constant pressure have turned the dream job into a survival game.
Now imagine a job with the prestige of an executive role but with freedom and flexibility. Enter the Fractional Executive, a position where you lend your expertise to multiple companies part-time. It allows you to leverage your skills without burnout. It's a breath of fresh air and a dramatic shift from the customary "all or nothing" executive commitment.
From CEO to CMO, CTO, CFO, COO, name it. You can become any Fractional CXO if you have the expertise.
How do you become a Fractional Executive?
Start by evaluating your skills and defining your areas of expertise. The more niche your skillset, the higher your demand. Once you've pinpointed your specialty, assess the market. Understand the needs and desires of potential clients. Finally, build your personal brand. In the modern business world, your brand is your greatest asset.
Conduct a self-audit. What are your skills? What's your specialty? Take time to reflect, jot down your thoughts, and start shaping your Fractional Executive brand.
How to find Fractional Executive jobs?
Nothing beats a network referral. Your contacts, if tapped correctly, can become a goldmine of opportunities. However, if networking isn't yielding results, don't lose heart. The online world is buzzing with possibilities!
Here are some platforms where you can find your next opportunity:
- Business Talent Group helps you embrace the future of work with this independent consulting marketplace.
- Passion Fruit puts the passion back into your professional life.
- Continuum is the premier marketplace for fractional and full-time executive talent to connect with top-tier companies.
- Shiny is where Fractional Executives get hired by Top Startups.
- The Free Agent is a closed, private network of hypergrowth technology companies looking for people like you.
Source: What in the world is a fractional executive?
Weekly Challenge
This week, I challenge you to extend your professional network. Reach out to existing Fractional Executives. Join coffee calls with them, learn from their experiences, and glean insight about this rewarding career path.
LinkedIn is an excellent platform for locating Fractional Executives. Look for individuals with relevant titles, join related groups, participate in discussions, and watch your network flourish.
Remember, each connection is a potential gateway to your next opportunity.
Cheers to a week of self-discovery, networking, and taking the first steps toward your new career!
Do you want to learn more? Make sure to follow me on LinkedIn.
Tomorrow, I will share more details on how to join a live event in which 4 other fractional executives discuss the ups and downs of this new way of working and answer any questions you might have.
Extra 3
Here are 3 bonus tools and resources I believe you'll find helpful as well:
- Read this excellent article by Lavinia Iosub: What in the world is a fractional executive? to learn more about the pros and cons of working with a Fractional Executive.
- Supercharge your workflow with productivity tools like ClickUp that allow you to focus without distractions.
- Listen to this thrilling podcast episode with Lavinia Iosub to learn how to achieve work-life balance in a remote world.
Until next week,
Pura Vida!
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