Fractionals United Is 4-Months Old

By

Fractionals United has turned four months old today and we have over 1750 members. Below is a chart showing our growth month over month.


This is the first time I've shared our growth metric on social media since we hit 1000 members, since it's no longer my primary goal and focus. As other founders with limited resources have discovered before me, and many will discover after me, it is best to focus on one major goal. If you try to focus on more than one at a time, you risk not accomplishing any well.

My first focus had been to get us to 1k members, which I was told was when we'd become attractive to sponsors. My current focus is getting sponsors to support the community. Many from within and without have told me to just charge a small membership fee, and although in principle that is not wrong, given that it is so hard for fractionals to find work, it is wrong in this instance for me and this community.

I do fortunately have volunteer leaders and other fractional community leaders who have joined Fractionals United. 
  • The volunteer leaders have stepped forward and give of their time to further the goals of the community.
  • And the fractional community leaders who have joined my community agree with me: we are not competing with each other but instead are trying to help fractionals everywhere. We are stronger and better together and with our collective experiences, skills, and insight, we will accomplish way more than we can do so individually.
So although my resources and budget may be currently constrained, my options are not, given the talented and abundance-minded fractionals I get to interact with daily.

Thank you to each and every one of you and here's to everything we can—and will—accomplish together.

Comments

Post a Comment

Popular posts from this blog

Fractional vs Consultant

By
Image
Now that "fractional" is more popular and in the news, it is important to understand what the difference between that and consulting is. I was recently part of an Operator's Guild panel on just this topic, and as part of our presentation deck, created the below table to highlight the differences between all the types of non-traditional leadership roles: To put it simply, there is no difference between a fractional CXO and their full-time counterpart except that the fractional will be part-time and therefore have other work, whether other fractional or consulting work. I personally do a combination of fractional COO work and workflow consulting. And fractional is always a leadership role, although not necessarily executive level, and needs to be synonymous with that.  Another way to look at the difference between fractionals and consultants is through two more lenses: what are they hired for and what their focus has to be. Consultants are hired for their skills; they may
Read more

A Cost Comparison: Fractional Leaders vs. Full-Time Execs

By
Most organizations understand the value of having a leader in an executive role to guide their business, but it's not always financially feasible, there may not always be a full time need, or some struggle to find the right person. As a result, fractional leadership has become increasingly popular as an alternative means to leveraging executive level talent.  As a reminder from our last  post , the benefits of hiring a fractional are the flexibility it offers in terms of time commitment and the ability to access talented leaders at a fraction of the cost. Additionally, working with fractionals does not require businesses to make significant investments in infrastructure or resources—the professional provides all necessary tools and resources themselves. Since this is an emerging and growing concept, I was eager to explore the cost of a FTE (full-time employee) compensation plan, in comparisons to fractional monthly retainers. The data is eye opening to say the least!  Accor
Read more

Is Going Fractional Right for You?

By
If you've read any of my previous posts either here or on LinkedIn, you know that I believe fractional is a win-win: employers get leaders who can help them scale and optimize, despite not being able to afford that level of talent full-time and leaders can get more flexibility and control over their time and careers, as well as diversify and keep themselves challenged and growing But does that mean that every leader should quit their full-time job and go fractional? No. Like everything in life, there are downsides to going fractional, and I thought it only fair to spell out the three main challenges so that anyone considering going fractional understands both the pros and cons before making that decision. Leads As someone who was a fractional COO for years before "fractional" was a thing, and is newly back to this world, the biggest challenge of being fractional is finding the work. This is a challenge I face and that 98% of the fractionals I speak with—both inside and ou
Read more