Ditching Hourly

James Williams - Fractional CTO Masterclass

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Aug 1, 2023
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INSIGHT

What A Fractional CTO Actually Is

  • A fractional CTO provides leadership, strategy, and sometimes implementation for companies that can't afford a full-time CTO.
  • It gives entrepreneurs CTO-level guidance at a fraction of the cost of a full-time hire.
ADVICE

Price By Outcomes, Not Hours

  • Price fractional CTO services by outcome and client size rather than hourly rates.
  • Offer tiered packages (solopreneur, entrepreneur, enterprise) and customize when the Venn diagram of needs aligns.
ADVICE

Disqualify To Reduce Failure Risk

  • Disqualify prospects aggressively by asking lots of upfront questions to avoid failure.
  • Tie proposals to business outcomes (e.g., increased loan volume, reduced churn) instead of scopes of work.
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