Monday, August 12, 2013

[NEWS] Red Rocket Launches 20%-Time Shared Executive Program

Posted By: George Deeb - 8/12/2013

Share

& Comment

The quality of a management team can make or break a startup.  And, often times, tight budgets in the early years of a startup's life, do not allow it the budgets to truly afford A-Team executives with proven track records of success.  In an effort to make A-Team executives more affordable to startups or other cash-contrained businesses, Red Rocket is pleased to announce the launch of its 20%-Time Shared Executive Program.

The program is designed for companies on a tight budget who desire part-time costs, but long term expertise and involvement of a proven executive that can help direct/manage the company on a part-time basis. This would be a fixed-rate, permanent "outsourced 20%-time executive" for the cost of around $5,000 per month (depending on the role). One Red Rocket team member would fill any of the executive roles needed within your company, including CEO, COO, CMO, CSO, CFO, CTO, CIO, CRO, CAO, CHRO, CLO and CDO roles, with 20% of their time (one day a week). And, that same person would simultaneously be doing the same thing with four other companies in the four other days of the week. This would work best for companies with light workloads in those areas, or needing a person to cost-effectively manage/mentor the junior-level execution team members on staff.

So, now, there is really no reason not to employ a program like this.  It truly marries the best of both worlds:  bringing proven A-Team executives that can bring their proven "magic" to your businesses, all at an affordable $5,000 per month price and 20%-time structure you can afford.  So, let us know how we can help.

If you enjoyed this post or feel you know others that can benefit from this program, please click the social sharing buttons on this page to share with your social networks.  And, for future posts, please follow Red Rocket at:  www.twitter.com/RedRocketVC.

4 comments:

Sharon Duffy said...

George, what a great idea. The Chicago start-up scene continues to evolve, grow and improve. This and the Ensemble announcement are the right services at the right time! Thanks very much, Sharon Duffy, Co-Founder, stocktrendspotter.com

George Deeb said...

Thanks, Sharon. We hope you are right!! If we can be helpful to you in your business, just let me know.

Anonymous said...

I think this is a great idea. But how do we know if the person is the right person for the startup?

George Deeb said...

We do our best to match startups' needs to desired skillsets within our network of executives.

Red Rocket is a featured contributor on entrepreneurship for many trusted business sites:

Copyright 2011- Red Rocket Partners, LLC