51. Fractional COO: Is it worth it?

In this episode we discuss: fractional COO, is it worth it? We are joined by Karina Mikhli, Founder, Fractionals United.

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We chat about the following with Karina Mikhli: 

• What is the role of a fractional COO?
• How difficult is it to find a role as a fractional COO? 
• What is crucial for winning fractional COO roles?
• What are the channels of entry for fractional work? 
• What should pricing and structuring fractional work be based on? 

References: 

• https://www.linkedin.com/in/karinamikhli/
• https://www.karinamikhli.com/

Biography: 

Karina Mikhli is a Community, Professional Services/Development, and SaaS Fractional COO; Workflow Consultant; and Founder of Fractionals United. She has almost a decade of experience building, optimizing, and scaling small to mid size businesses and although she can (and has) managed and optimized most functions, she provides the most value by leading and focusing teams and streamlining and optimizing systems. Karina works best with founders looking for a right-hand partner who will manage and run the business while they focus on their areas of strength and interest.

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Summary:

00:00 Introduction and Background

20:40 The Popularity of Fractional COO Work

26:09 The Challenges of Finding Fractional Work

28:20 Managing Multiple Fractional COO Roles

29:09 Defining Fractional COO Roles

32:49 The Importance of Business Development and Networking

34:39 Pricing and Structuring Fractional Work

36:38 Navigating Health Insurance as a Fractional Executive

37:57 Transitioning from Full-Time to Fractional Work