is a fractional CPO right for your stage of company growth?
right fit and the right time
Got big product dreams but not sure how to make them happen? Whether you're just starting out or scaling up fast, many companies wonder if they need a fractional Chief Product Officer (CPO). Let's break down how this could be a game-changer for your business - no complex jargon, just clear information.
early-stage companies: ready for takeoff?
You've got the passion, the drive, and a great idea. But making sure your product really connects with customers? That's where things get tricky. Here's how a fractional CPO can help:
cut through the noise
They'll help you understand what your customers really want - and will actually pay for. No more guessing or hoping for the best!
level up your team
Need help building and growing your product team? A fractional CPO brings proven experience and can guide the way.
speed things up
Move past slow, messy development. Get the right systems in place to build and launch faster - without cutting corners.
turn dreams into reality
Got big ideas? Great! A fractional CPO helps turn them into an actual plan you can follow.
scaling companies: time to ditch the growing pains
Growing pains? They’re real. What worked when you were smaller might not work anymore. Here’s where a fractional CPO makes a difference:
managing success (and its challenges)
Growing pains? They're real. What worked when you were smaller might not work anymore. Here's where a fractional CPO makes a difference:
move beyond gut feelings
Time to make smarter decisions. Use real data and strategy instead of just instinct.
create better systems
Put the right processes in place before things get complicated. Your team will be more effective and organized.
help your team succeed
Get everyone working together smoothly, with clear goals and the right tools to reach them.
navigate the tough spots
Learn from someone who's helped other companies through the same challenges you're facing.
should you consider a fractional CPO?
Before you decide, ask yourself:
Want expert guidance without the cost of a full-time executive? A fractional CPO could be your solution.
Need someone who can adjust their time as your needs change? That's the advantage of going fractional - it's flexible.
Ready for new perspectives? Fractional CPOs bring experience from different industries and companies, offering valuable insights.
frequently asked questions (FAQ)
How do I hire a Fractional CPO? The process usually starts with a consultation to understand your needs. At Solace, we match you with the right CPO based on your industry, stage of growth, and specific challenges. We handle the vetting process, contracts, and make sure it's a good fit for both sides.
What does it typically cost? Fractional CPO costs vary based on your needs and time commitment, but typically range from $5,000 to $15,000 per month. This is significantly less than a full-time CPO, whose total compensation can exceed $300,000 annually. Most companies work with a fractional CPO for 8-15 hours per week.
How do I find the right fit for my business? Look for someone with:
Experience in your industry or similar markets
A track record of success with companies at your stage
Strong communication skills and a leadership style that matches your culture
Expertise in the specific challenges you're facing
Can I get other fractional executives too? Yes! Many companies use fractional executives for various roles including CPO, CMO, CTO, and CFO. The fractional model works well for any executive position where you need experienced leadership but may not require or can't justify a full-time hire yet.
How does solace help clients succeed? Solace specializes in connecting companies with experienced fractional executives. We:
Carefully evaluate your needs and company culture
Match you with pre-vetted, experienced CPOs
Handle all contracts and agreements
Provide ongoing support to ensure the relationship succeeds
Help adjust the engagement as your needs change
ready to learn more?
Whether you're a growing startup or a company reaching new heights, a fractional CPO could be exactly what you need to move forward. Want to learn more about how this could work for your specific situation? Contact solace today for a free consultation - we'll help you determine if this is the right move for your business.
