I run a fractional CTO business. I started it in 2013, went full time as CTO with my 4th client and stayed through exit a couple of years back, and then took on multiple clients again starting around 12 months ago.
The flexibility and being my own boss is great. I have enough bandwidth to work on long term bets, while keeping income flowing. The type of clients who hire fractional CTOs can be challenging - they're typically bootstrapping, and often have unrealistic expectations. Finding new clients hasn't been particularly hard, at least so far; word of mouth in my network has been about 70% of engagements, with online postings the remainder.
Not for everybody. I own my house and don't have kids, so I have a high risk tolerance. But, if you have a safety net and the confidence in your skills, it's a great lifestyle.
The flexibility and being my own boss is great. I have enough bandwidth to work on long term bets, while keeping income flowing. The type of clients who hire fractional CTOs can be challenging - they're typically bootstrapping, and often have unrealistic expectations. Finding new clients hasn't been particularly hard, at least so far; word of mouth in my network has been about 70% of engagements, with online postings the remainder.
Not for everybody. I own my house and don't have kids, so I have a high risk tolerance. But, if you have a safety net and the confidence in your skills, it's a great lifestyle.