How Late-Career Professionals Can Structure a Fractional Executive Role

Episode 40 of Late-Career Conversations explores fractional executive roles—a path where experienced professionals work part-time for multiple companies. Lucas and Luna break down the structure, compensation, and negotiation strategy using a real case: a former manufacturing VP who landed three fractional chief operating officer engagements totaling $270,000 annually. They cover the typical 12-to-18-month contract term, the importance of a clear scope of work with measurable deliverables, and how to avoid the trap of scope creep. Listeners learn the specific steps to build a fractional practice: defining your niche, setting a minimum engagement size (e.g., two days per week at $500 per hour), and using a retainer-plus-bonus model. The hosts also discuss how to find these roles through executive search firms like Chief Executive Network and through your own network. No fluff—just actionable advice for anyone 50-plus looking to monetize their experience without a full-time commitment. #FractionalExecutive #LateCareer #Careers #Business #FexingoBusiness #BusinessPodcast #ExecutiveRoles #Consulting #FractionalCOO #CareerPivot #50Plus #EncoreCareer #Negotiation #ClientAgreements #ScopeCreep #RetainerModel #ExecutiveSearch #CareerStrategy Keep every episode free: buymeacoffee.com/fexingo