A fractional executive is a professional who provides executive-level leadership and expertise on a part-time or project-based basis.
Unlike a full-time executive, who is typically employed by a company permanently, a fractional executive works with multiple clients part-time, providing expertise and guidance as needed.
Fractional executives are typically experienced professionals who deeply understand their field and can provide valuable insights and guidance to their clients. They may have experience working in various industries and with different types of companies, which can be beneficial for startups looking for outside expertise.
Overall, a fractional executive is a cost-effective way for a startup to bring in experienced leadership and expertise without the cost and commitment of a full-time employee. This can be especially helpful for companies still in the early stages of growth and may not have the resources to support a full-time executive.