Ben Wolf:

Ultimately, get your team to be a self managing team, right?

Ben Wolf:

So that you can be free to be the visionary, be the idea guy or gal,

Ben Wolf:

or be the relationship guy or gal, or the culture warrior within your

Ben Wolf:

business or the thought leader in your industry or whatever it is that

Ben Wolf:

you're, that your superpower is.

Ben Wolf:

It's about time doing that and have a leadership team that actually comes with

Ben Wolf:

batteries included, you're not pushing and pulling to get everything done because

Ben Wolf:

they won't do it without you pushing and pulling and prodding all the time.

Tim Winders:

Welcome back to seek go create.

Tim Winders:

This is Tim winders here.

Tim Winders:

I've got a question for you.

Tim Winders:

Ever felt like you're drowning in the chaos of growing your business, wishing

Tim Winders:

you had a top notch COO, but don't have a quarter of a million to spare.

Tim Winders:

If this sounds like you, then buckle up because today's episode

Tim Winders:

of Seek, Go Create is a must.

Tim Winders:

Listen, I'm thrilled to bring Ben Wolf to the show.

Tim Winders:

He's the founder of Wolf's Edge and the brains behind Fractional COOs.

Tim Winders:

Ben found himself tangled in the complexity of his own growing business,

Tim Winders:

but instead of staying stuck, He figured out a way to rise above it.

Tim Winders:

He redefined success.

Tim Winders:

That's what we like to do here at Seek Go Create.

Tim Winders:

He eventually grew his venture into the largest of its kind in his state,

Tim Winders:

but the journey inspired him to help others avoid the chaos altogether.

Tim Winders:

Today, WolfSedge provides fractional COOs to businesses across America.

Tim Winders:

Filling a significant gap in the market.

Tim Winders:

Plus he's an Amazon bestselling author with his groundbreaking book, fractional

Tim Winders:

leadership, landing executive talent.

Tim Winders:

You thought was out of reach this guy, seriously adding value to the

Tim Winders:

conversation on business leadership and growth, which is one of the things we're

Tim Winders:

all about here at seek, go create Ben.

Tim Winders:

Welcome to seek, go create.

Ben Wolf:

Thank you so much, Tim.

Ben Wolf:

It was such a beautiful introduction.

Ben Wolf:

I appreciate it.

Tim Winders:

I'm glad you're here.

Tim Winders:

We've just met somewhere, pretending a little bit here,

Tim Winders:

and I ask you what you do.

Tim Winders:

What do you say when people ask you what you do?

Ben Wolf:

I say that I have a firm of fractional chief operating officers, COOs.

Ben Wolf:

Which essentially means that when a business owner is hitting the ceiling

Ben Wolf:

and they're not able to grow anymore, they realize they need somebody who's

Ben Wolf:

actually done this before to help lead them and their team to towards the path

Ben Wolf:

of actually scaling and achieving their dreams and not being stuck in the weeds

Ben Wolf:

in the day to day of the business.

Ben Wolf:

we become that experienced executive that COO to help them

Ben Wolf:

get their business to where they want it to achieve their dreams.

Ben Wolf:

Live their highest and best value, not stuck in the weeds in the day to day

Ben Wolf:

and stuff they don't really like doing so they can live their ideal life.

Ben Wolf:

And then after nine to 18 months helping pass the baton and find a new long term

Ben Wolf:

person for that on a full time basis.

Tim Winders:

I think a lot of people will be familiar with some of those

Tim Winders:

terms, the fractional leadership, fractional executives, things like

Tim Winders:

that will define it in just a moment.

Tim Winders:

But before we do that, I want to do a backtrack.

Tim Winders:

And it seems like a cool story of how you came into this type industry and,

Tim Winders:

usually journeys are what we're all about.

Tim Winders:

we're go through this and we find out we like this or don't like

Tim Winders:

this, then we pivot or go somewhere.

Tim Winders:

And it seems like that was part of your process.

Tim Winders:

what can you share about that?

Tim Winders:

What do you want to share about that?

Tim Winders:

Just how you came to be where you are now.

Ben Wolf:

I was a corporate restructuring and bankruptcy attorney in a previous

Ben Wolf:

life at a big Manhattan law firm.

Tim Winders:

That, that sounds super exciting.

Tim Winders:

Was that exciting as it sounds?

Ben Wolf:

in certain ways it was, it was, I came into it, after the.

Ben Wolf:

The 2008 recession and, worked on some really interesting cases, high profile,

Ben Wolf:

bankruptcies of, Lehman brothers, American airlines, hospital, hospital

Ben Wolf:

systems and all kinds of things.

Ben Wolf:

So it was interesting in certain ways, but, happy that I'm not doing it anymore.

Ben Wolf:

Ended up through a very strange series of events after doing that at a healthcare

Ben Wolf:

startup that you mentioned earlier.

Ben Wolf:

in New York state and, learn how to, launch the business.

Ben Wolf:

I had to figure it out.

Ben Wolf:

I did not have an entrepreneurial background.

Ben Wolf:

As I mentioned, I was an attorney before that.

Ben Wolf:

but just learned a lot from having to do it at this company.

Ben Wolf:

I ended up at, but most of the operations there, we were over, again, zero revenue.

Ben Wolf:

I was the first full time employee.

Ben Wolf:

And by the time I left, we were 130 people and, and over a hundred

Ben Wolf:

million gross revenue and largest healthcare agency of our category

Ben Wolf:

in the entire state of New York.

Ben Wolf:

And so just learned a huge amount about, growing a five person business,

Ben Wolf:

a 50 percent 100 person or 100 plus business learned a huge amount just

Ben Wolf:

by doing and everybody there was also doing it for the first time.

Ben Wolf:

Nobody had done it before and really saw the need there for having.

Ben Wolf:

somebody who had been through this journey before, as we were figuring

Ben Wolf:

everything out for the first time.

Ben Wolf:

But after, as I left there looking for new challenges and came to a smaller

Ben Wolf:

healthcare business as COO, and it was, found myself in a very unhealthy

Ben Wolf:

environment and, came to realize after a couple of months that it was not going to

Ben Wolf:

be a situation where I was going to have a path to success and helping this company

Ben Wolf:

be successful and what it wanted to do.

Ben Wolf:

And so I put in my resignation and was thinking what.

Ben Wolf:

You know what to do next.

Ben Wolf:

I had a certain amount of PTSD of like diving in with both feet in another

Ben Wolf:

organization full time and, and I heard about this concept of doing this thing

Ben Wolf:

fractionally of doing this, doing this kind of role for multiple companies.

Ben Wolf:

I wanted to make a big impact.

Ben Wolf:

That's why I left the first business that became so successful and, just decided to.

Ben Wolf:

hang up my shingle as a fractional chief operating officer, also

Ben Wolf:

called fractional integrator.

Ben Wolf:

As a solo practitioner, I learned from tons of people.

Ben Wolf:

I did tons of networking, learned from tons of people what it takes to be

Ben Wolf:

a solo, whether you're a consultant or a fractional executive of some

Ben Wolf:

kind, or, any kind of independent professional, business developments,

Ben Wolf:

huge part of the job description.

Ben Wolf:

So I had to learn how to do that.

Ben Wolf:

And, maybe grew faster than some slower than others took me

Ben Wolf:

about 15 months to become busy.

Ben Wolf:

what I consider to be fully booked the first time.

Ben Wolf:

And after that, I guess I had hit a certain Critical mass of

Ben Wolf:

the work that I'd been doing.

Ben Wolf:

And so continue getting a lot of leads, refer them out for a while that

Ben Wolf:

eventually started to build a firm.

Ben Wolf:

And so that's, ultimately decided to build that firm.

Ben Wolf:

And I learned through this whole process.

Ben Wolf:

I talked to also lots of CF fractional CFOs and, people in fractional sales and

Ben Wolf:

marketing and finance and operations and people leadership and learned a tremendous

Ben Wolf:

amount from doing and from other people, and I saw nobody had written a book

Ben Wolf:

explaining to business owners, what this whole concept of fractional executive.

Ben Wolf:

is, you don't, you may need someone who's done this before as your CFO or

Ben Wolf:

your CMO or your VP of sales or your CTO or your CIO or your COO, but you can't

Ben Wolf:

afford that 250, 300, 000 person who's actually an executive that's really

Ben Wolf:

done this before to bring them on board.

Ben Wolf:

And maybe you don't even need that.

Ben Wolf:

That's.

Ben Wolf:

Person at your scale and size, or you can't afford it.

Ben Wolf:

So it's a great tools.

Ben Wolf:

it's a great democratizer of talent and making it available for business owners.

Ben Wolf:

But, nobody had written about it.

Ben Wolf:

I couldn't believe it.

Ben Wolf:

So I wrote the first, and I'm not the one that's been doing it the longest.

Ben Wolf:

I'm not the biggest expert, but I wrote the first book on the industry.

Ben Wolf:

And like you said, became a bestseller.

Ben Wolf:

That's, the basics of how I got into this space.

Tim Winders:

as often happens over the last few days, I read

Tim Winders:

in my normal reading style about 40 percent of it per my Kindle.

Tim Winders:

And then early this morning, I went, Ooh, I'm talking to Ben.

Tim Winders:

And then I did a super high speed reading of the remaining 60, but I agree.

Tim Winders:

it is a very good definitions.

Tim Winders:

I'm someone who understood a little bit of fractional, but it really covers a lot of

Tim Winders:

basics and a lot of good basic questions.

Tim Winders:

We'll talk about that in just a moment.

Tim Winders:

I want to get to the book a little bit later here and talk about really

Tim Winders:

the value of fractional leadership and really how it's even come to be.

Tim Winders:

So we'll get to that in just a moment.

Tim Winders:

I want to back up just a second here though.

Tim Winders:

Because there were a couple of leaps that you gave in the story

Tim Winders:

that I think I want to understand more about those leaps to me.

Tim Winders:

I've been around quite a few lawyers and so you're trained in law.

Tim Winders:

I'm sorry.

Tim Winders:

You know where I'm going here.

Tim Winders:

I'm trained in law and I've also worked a lot with startups as a

Tim Winders:

coach and executive person, myself, I've worked a lot of with startups.

Tim Winders:

And I got to tell you, Ben, I'm having trouble with someone

Tim Winders:

going from law to being the first person hired at a startup help.

Tim Winders:

There's got to be a little bit more to this.

Tim Winders:

We don't have to go into if it's ugly, we're okay with ugly too, but

Ben Wolf:

Yeah, there's,

Tim Winders:

was going on there?

Ben Wolf:

there's a couple of angles that we could go with for that story.

Ben Wolf:

one is from their perspective, like, why would they bring in

Ben Wolf:

this guy with a law background?

Ben Wolf:

But the, so that's one aspect of the story.

Ben Wolf:

The other aspect of the story is my experience, right?

Ben Wolf:

Which was that after five years there, things said, Things were getting slow

Ben Wolf:

in the corporate bankruptcy world.

Ben Wolf:

our department's billings were getting low.

Ben Wolf:

my billings were particularly low within the department.

Ben Wolf:

So a few of us, mid level or senior associates were, let go.

Ben Wolf:

And, so I lost my job and, on my 40th birthday.

Ben Wolf:

And, and so that was not fun.

Ben Wolf:

I started trying to look for.

Ben Wolf:

in house counsel jobs and other bankruptcy law firm jobs and, I had

Ben Wolf:

some progress with some of those, but, I don't want to limit, limit

Ben Wolf:

that I took the, I had a friend give me the Clifton StrengthsFinder.

Ben Wolf:

If you're familiar with that assessment

Tim Winders:

Yeah, I want to say we're very familiar here in our audience

Tim Winders:

is we've actually interviewed some experts in CliftonStrengths here.

Tim Winders:

And I love that assessment because it goes for the strengths, not just

Tim Winders:

this personality profile thing.

Tim Winders:

So yeah, we, I love that.

Tim Winders:

I just want to add that commercial in.

Ben Wolf:

yeah, no.

Ben Wolf:

So it was very interesting and it was part of me trying to get a better

Ben Wolf:

understanding of myself and what other things could I potentially, even later

Ben Wolf:

in life, think about going into that would utilize my strengths, that would

Ben Wolf:

maybe utilize more of my strengths than what I was doing in the law.

Ben Wolf:

And so I started exploring that, started to.

Ben Wolf:

I started, applying at non profit, executive director jobs, actually, either

Ben Wolf:

running small non profits or, or running regional divisions of larger ones.

Ben Wolf:

so I had a number of applications to this.

Ben Wolf:

There's a guy I met was starting in a, I don't know, I mean, he

Ben Wolf:

already had a non profit looking at someone to run it and met with

Ben Wolf:

him, had a good meeting, two hours.

Ben Wolf:

Ended up not hiring anybody, but he texts me three months later.

Ben Wolf:

I was unemployed for a total of five months.

Ben Wolf:

He texts me three months later after this meeting, Hey, yeah, whatever.

Ben Wolf:

He's just text me, we got on a phone call.

Ben Wolf:

And then by that Thursday you offered me this job.

Ben Wolf:

And so that's my part.

Ben Wolf:

And I know one of the themes on your show is, you know, and then, and then ended

Ben Wolf:

up learning and accomplishing amazing things in that role, but the, one of the.

Ben Wolf:

One of the themes I know you have in your shows show is redefining success.

Ben Wolf:

And so it was a major journey for me to think about, not feeling successful

Ben Wolf:

and like losing a job and being a man and wanting to support your

Ben Wolf:

family and not wanting to be at risk and also getting help from family.

Ben Wolf:

And that's not a fun feeling.

Ben Wolf:

it's wonderful that people could do it, but it's not fun.

Ben Wolf:

And it was, it was a scary time.

Ben Wolf:

And and to think and then, I go from that, being a, mediocre big corporate

Ben Wolf:

lawyer to, to, to being the main builder of this organization that

Ben Wolf:

got to be 130 people at the time.

Ben Wolf:

it's over 5, 500, 600 people now and multiple hundreds of millions in

Ben Wolf:

revenue, but it's, Just was a great experience that I never would have

Ben Wolf:

had and never would have been open to if I hadn't lost my job, right?

Ben Wolf:

I would not have been open minded to put myself in those situations or think,

Ben Wolf:

try to think more creatively about what I could do if it hadn't been for that.

Ben Wolf:

And circumstances Providence just put me in that situation to

Ben Wolf:

rediscover, and now I've got the yeah.

Ben Wolf:

Book on a, the first book on an entire industry and, I've leading this whole firm

Ben Wolf:

to my own business that I never would have had the bravery to start my own business.

Ben Wolf:

Or I never would have even been in the entrepreneurial world if

Ben Wolf:

it hadn't been for what happened.

Ben Wolf:

So there's not my doing, but just, Providence, the taking control

Ben Wolf:

and redefining, and forcing me to redefine success, and I could tell

Ben Wolf:

you from his perspective too, why he wanted to hire somebody like.

Ben Wolf:

Me, but that's a separate story.

Ben Wolf:

It is.

Ben Wolf:

It is.

Ben Wolf:

It is funny, but

Tim Winders:

the cool thing, have you ever thought about what your life would

Tim Winders:

be like if you were still in, in law?

Ben Wolf:

I try not to

Tim Winders:

Okay, good answer.

Tim Winders:

Good answer.

Tim Winders:

my wife and I are almost the same, Ben.

Tim Winders:

we would not wish what we went through back after 08 with our companies and all.

Tim Winders:

We wouldn't wish it on anyone, but just like we were chit chatting

Tim Winders:

before we hit record, we're living in an RV traveling right now.

Tim Winders:

We're with grandkids right close to them for the month, for the entire month.

Tim Winders:

And we know we would never be in this position had it not been for that ugly

Tim Winders:

time And but I do want to there's one thing that I popped in my head, startup

Tim Winders:

world You have to be a little bit, I'm going to use a couple of words here

Tim Winders:

that may or may not be a good fit, but I'll, maybe you'll understand.

Tim Winders:

Sometimes you have to be a little bit naive, like sometimes

Tim Winders:

almost not know you can fail.

Tim Winders:

And also you need to be pretty brash and bold.

Tim Winders:

I don't want to use the word delusional.

Tim Winders:

But that's sometimes what comes to mind to be really good.

Tim Winders:

and I know when I went through some ugly things and you mentioned you got

Tim Winders:

fired and let go from this firm, and I'm sure that was part of your identity.

Tim Winders:

If you want to use, I like to use the word identity.

Tim Winders:

I mean, we kind of get wrapped up.

Tim Winders:

That's why I ask, what do you do at the beginning of the show?

Tim Winders:

Because I like to really see where people are with, quote unquote, what

Tim Winders:

they do and their identity and all that.

Tim Winders:

And, but how was your confidence level?

Tim Winders:

Did you think you can do it?

Tim Winders:

you were stepping into something that,

Ben Wolf:

We're in the startup.

Tim Winders:

yeah.

Tim Winders:

Now looking back on it.

Tim Winders:

Obviously you and the other team, everybody y'all

Tim Winders:

nailed it or you did great.

Tim Winders:

And I know you went through a lot of bumps along the way, but

Tim Winders:

40 years old, lost your job.

Tim Winders:

You're going through all these things you're thinking about

Tim Winders:

where was your confidence level stepping into this startup

Ben Wolf:

with anything.

Ben Wolf:

I do, there's obviously the internal confidence and doubts,

Ben Wolf:

but it's about making a decision.

Ben Wolf:

if you just decide to do it, then there's no, then, it's not even a,

Ben Wolf:

like once you start something, it's not even a, it's not like confidence

Ben Wolf:

is almost an irrelevant point.

Ben Wolf:

it's really irrelevant.

Ben Wolf:

It's just, we decided to do it and success is the only option.

Ben Wolf:

So we're just going to do it.

Ben Wolf:

And there's no real thought of, there's no real thought

Ben Wolf:

of failure, of actual failure.

Ben Wolf:

you just do what you got to get, you just do what you got to do.

Ben Wolf:

There's no thought of confidence.

Ben Wolf:

you just have to, so when I was building up my solo practitioner, my

Ben Wolf:

solo fractional COO practice also, it was 15 months before I was full, of

Ben Wolf:

course I doubted, can I really do this?

Ben Wolf:

Am I ever going to get clients?

Ben Wolf:

Is this going to work?

Ben Wolf:

Of course I had those doubts.

Ben Wolf:

Whenever I got on a phone call, whenever I'm doing the business development

Ben Wolf:

things, I decided to do hit my metrics and my measurables that I set for myself.

Ben Wolf:

I didn't, there's no room for doubt.

Ben Wolf:

There's no room for.

Ben Wolf:

Looking unsure of yourself when you're actually in a conversation with anybody or

Ben Wolf:

when you're writing an email to sound meek or unsure of yourself, you just gotta,

Ben Wolf:

you just gotta fake it and act confident.

Ben Wolf:

And I can just tell you for myself, with whatever I felt on the inside, just

Ben Wolf:

acting confident and trying to do what I understood to be the right things to

Ben Wolf:

do to grow the business, ultimately.

Ben Wolf:

ultimately was, relatively successful.

Ben Wolf:

I'm, in, in my certain sub worlds that I live in, I'm pretty well known

Ben Wolf:

at this point and well respected and getting leads and referrals, multiple

Ben Wolf:

every week for our team members.

Ben Wolf:

thank God, I'm just going to fake it till you make it,

Tim Winders:

sometimes I don't want to say our backs need to be against the

Tim Winders:

wall or we need to be in a, we need to be pressed, like the olives there,

Tim Winders:

they're pressed and grapes, you press them to get what's good out of it, the

Tim Winders:

olive oil or the wine or whatever it is.

Tim Winders:

So maybe we do need to be pressed at times.

Tim Winders:

I.

Tim Winders:

I've thought this is an interesting thing and we'll talk about this and then we're

Tim Winders:

going to move into, I want to do a deep dive into fractional leadership in the

Tim Winders:

book and all, but I've often thought I, I went to Georgia Tech and I got an

Tim Winders:

industrial and systems engineering degree.

Tim Winders:

And I think back.

Tim Winders:

About how I did that and I really look back and I go, you know, that's not

Tim Winders:

what I was created to do I was created to do roughly what i'm doing now Maybe

Tim Winders:

with some variations that i'm still working on putting pieces together

Tim Winders:

and all that So so i'm going to ask you a little bit of a trick question.

Tim Winders:

Were you created to do what you're doing now?

Tim Winders:

And if so, then how did you end up going to law school because that to me

Tim Winders:

sometimes I wonder and I wonder because i've got young i've got young children

Tim Winders:

You know, my children are you know in their 20s 30s and I always wonder how

Tim Winders:

to counsel people that are attempting To do something at a young age.

Tim Winders:

So That's a little bit of the layer here it seems like law was just a doorway for

Tim Winders:

you to go through to get to something else

Ben Wolf:

Yeah, it feels that way.

Ben Wolf:

the, I think that at least looking backward, the unique set of experiences

Ben Wolf:

and skills that each of us get from whatever particular winding path

Ben Wolf:

we took to, to get where we are.

Ben Wolf:

Are, created a unique and particular set of skills, as Liam Neeson

Ben Wolf:

would say, that will, that uniquely equips us for whatever we're doing.

Ben Wolf:

And, that attention to detail, that analysis, that legal

Ben Wolf:

knowledge and background.

Ben Wolf:

And also at that startup, I also served as general counsel.

Ben Wolf:

So I, broaden the legal subjects there a little bit, but, oversaw multiple outside

Ben Wolf:

counsel, but the But it's, it just come, it just altogether puts, it puts a unique

Ben Wolf:

set of skills into a person, but, it's a different perspective when you think

Ben Wolf:

about, okay, now you're talking about your kids in their twenties and thirties

Ben Wolf:

or teens thinking what they should do.

Ben Wolf:

And, there's no, there's no career path that says, in my case.

Ben Wolf:

go to college and go to rabbinical school, then go and join a Jewish educational

Ben Wolf:

organization in Iowa for three years, and work in industrial real estate brokerage

Ben Wolf:

for two years, then go to law school as a night student, While you work full

Ben Wolf:

time in the law during the day, because you're supporting a family, then get this

Ben Wolf:

great corporate job for a bunch of years, and then go in and create a startup.

Ben Wolf:

that's not a career path that, someone can opt into, from the

Ben Wolf:

beginning, it's not anything that anybody would do, but somehow it

Ben Wolf:

all uniquely comes together to...

Ben Wolf:

to make me who I am, but all I tell my kids is, to, to, is to look to the

Ben Wolf:

best clues that they can in themselves for what they're more likely to enjoy

Ben Wolf:

or be interested in and pursue that.

Ben Wolf:

nobody knows what their future holds.

Ben Wolf:

That's really all you have to go on is your own interests and

Ben Wolf:

skills, talents, and strengths.

Ben Wolf:

So follow those wherever they lead.

Ben Wolf:

And then will it work out?

Ben Wolf:

Will it not work out?

Ben Wolf:

I don't know, but you just trust that there's some sort of providence out

Ben Wolf:

there that's going to lead you on, on the ultimate right path for yourself.

Tim Winders:

I'll say that I know we're both, I know we're both men of

Tim Winders:

faith from, I'll call it a related faith, but maybe different faiths.

Tim Winders:

And I think that the only thing that we really have some foundation with, the

Tim Winders:

only thing to really share with kids or anyone else, it's you know what, get that

Tim Winders:

foundation of faith because everything else is just, it's hard to gauge.

Tim Winders:

It could go in any direction.

Tim Winders:

and I.

Ben Wolf:

You have to have some trust.

Tim Winders:

Yeah, yeah, trust.

Tim Winders:

and one of the things that I think that bothers me in the world we're in,

Tim Winders:

you and I were just talking about this briefly, just with some current events

Tim Winders:

and just, the way the content creation and news cycle is that there's so many

Tim Winders:

people out there that speak in such a tone of definiteness of, Absolutely.

Tim Winders:

This is the way it is.

Tim Winders:

And then, a few days later, we realized that wasn't the way it was.

Tim Winders:

And, just like we're talking about our careers.

Tim Winders:

I don't know.

Tim Winders:

I'm about to be 60.

Tim Winders:

You know what?

Tim Winders:

I'm preparing for my next decade and learning a few new things and, diving

Tim Winders:

into AI and practicing some stuff and, I'm actually super intrigued

Tim Winders:

with fractional leadership from reading your book and thinking,

Tim Winders:

huh, I've actually been doing that.

Tim Winders:

So I'm, I wonder if I'm a fractional leader and, different things like

Tim Winders:

this is, and, it's just that growth thing that I think, I think a lot

Tim Winders:

of people need to latch onto it.

Tim Winders:

So let's shift a bit and let's start really diving into this

Tim Winders:

topic of fractional leadership.

Tim Winders:

I want to say that in the book, you go over some great, you really

Tim Winders:

do build just like a lawyer would you build a pretty darn good case.

Tim Winders:

Look at what we did there.

Tim Winders:

We connected the dots, didn't

Ben Wolf:

Nice, nice segue.

Tim Winders:

You built a great case for people considering it.

Tim Winders:

Some people it works for some people.

Tim Winders:

It doesn't but why don't we start off this conversation for those

Tim Winders:

that may not be familiar with it?

Tim Winders:

Why don't you give us just a you know, a nice general simple definition of

Tim Winders:

what we're talking about And then we'll start maybe zigging and zagging

Tim Winders:

and seeing where we end up with the conversation But just what is when we say

Tim Winders:

fractional leadership or fractional sea level or fractional, you know Whatever,

Tim Winders:

there's a lot of different terms.

Tim Winders:

Maybe this is a good time to hit a lot of the terms with it.

Tim Winders:

all right, ready?

Tim Winders:

Go.

Ben Wolf:

Fractional leadership or fractional executive is essentially

Ben Wolf:

the same as a regular executive at its most basic level, right?

Ben Wolf:

Because what's the difference between an executive and a consultant, right?

Ben Wolf:

Is the executive.

Ben Wolf:

Whether it's marketing, sales, operations, finance, technology,

Ben Wolf:

people, or whatnot is responsible for a major function of your business.

Ben Wolf:

They don't, they're not working on a project.

Ben Wolf:

They're not just there to give advice and give you a big report and tell

Ben Wolf:

you what to do and wish you good luck, but they are responsible for

Ben Wolf:

a major function of the business.

Ben Wolf:

If it's marketing, they're responsible for the marketing function of the business,

Ben Wolf:

all of its metrics and all of its people.

Ben Wolf:

And all of its results and same thing for operations or finance

Ben Wolf:

sales, technology, et cetera.

Ben Wolf:

And so that's what a fractional CTO, CIO, CMO, COO, et cetera.

Ben Wolf:

CFO is there your head of finance there?

Ben Wolf:

You're, and they're responsible for your people, your systems, your numbers

Ben Wolf:

in that department of your business.

Ben Wolf:

They just fulfill that role in a fractional as opposed to full time basis.

Ben Wolf:

But it's the same as a regular executive in that sense.

Ben Wolf:

And the difference is that you're able to, unless you're a very large

Ben Wolf:

organization, you're able to, afford somebody, with a much higher level of

Ben Wolf:

experience and background having done this before, than you would otherwise,

Ben Wolf:

if you were doing it full time.

Tim Winders:

All right, let me hit, I'm gonna hit some devil's

Tim Winders:

advocate, some counters to it.

Tim Winders:

It's like, how could someone do a great job in my organization if

Tim Winders:

they're not working for us full time?

Ben Wolf:

so that's a great question.

Ben Wolf:

The.

Ben Wolf:

The, it's interesting.

Ben Wolf:

I think one of the things you have to delve into to understand

Ben Wolf:

where that question comes from for, at least for most of us is.

Ben Wolf:

A perception, that comes from what I call helicopter.

Ben Wolf:

I talk about in the book helicopter management, which is this idea that,

Ben Wolf:

the way that your organization evolved and grew over time, you end up having

Ben Wolf:

a bunch of people who are maybe not the right people for their roles.

Ben Wolf:

And some who are maybe not even right for the organization at all, maybe

Ben Wolf:

toxic or whatever issues that they have are not a good work ethic or whatnot.

Ben Wolf:

And they're people issues, not enough attention to detail, not enough

Ben Wolf:

care about customers, whatever it is, they're not the right people.

Ben Wolf:

or you have processes that just developed and were added onto and

Ben Wolf:

turned into this Frankenstein's monster of processes and systems.

Ben Wolf:

that don't work, don't make sense.

Ben Wolf:

Or maybe an organizational structure that doesn't make sense.

Ben Wolf:

And you end up having, people that are not right or systems

Ben Wolf:

or processes that are not right.

Ben Wolf:

And then because you have full time managers that are hovering like a

Ben Wolf:

helicopter parent over their people and their output and whatever goes

Ben Wolf:

to customers and whatever people see.

Ben Wolf:

Or you're doing it or you have three levels of review of something

Ben Wolf:

that really should only need one.

Ben Wolf:

So because that helicopter management, you're masking all these people

Ben Wolf:

issues and these process issues.

Ben Wolf:

So you think it has to be full time because if you would take away that

Ben Wolf:

babysitting and that helicopter management, all heck would break loose.

Ben Wolf:

it wouldn't work if it's not full time.

Ben Wolf:

I think that it's important to realize that I think that kind of mindset, that's

Ben Wolf:

how a lot of businesses work because it's just like a lot of helicopter managers

Ben Wolf:

or helicopter people and babysitters.

Ben Wolf:

And when you have a fractional, what that takes away is it takes that.

Ben Wolf:

As it takes that mask away, it takes that mask away from people

Ben Wolf:

issues and takes that mask away from process and metrics issues.

Ben Wolf:

And when a fractional comes in, they're not there full time.

Ben Wolf:

They're not there to babysit.

Ben Wolf:

It's true.

Ben Wolf:

They can't babysit.

Ben Wolf:

So what they have to do is they set up meeting cadences with the relevant people

Ben Wolf:

that they supervise or the teams that they supervise, or in the case of a COO with

Ben Wolf:

the leadership team that they supervise.

Ben Wolf:

And they set up measurables to which those people are responsible.

Ben Wolf:

I set up, accountability around projects or goals or milestones, and they

Ben Wolf:

review those at that weekly cadence.

Ben Wolf:

And if stuff is not happening in between, there's nothing to cover

Ben Wolf:

it up, like the numbers are there or the milestones are met or they're not

Ben Wolf:

met or like people either doing what they're supposed to be doing or they're

Ben Wolf:

not doing it and you're not there to always save them when it doesn't work.

Ben Wolf:

When people aren't working.

Ben Wolf:

And so just brings to the forefront all these issues that

Ben Wolf:

may have been masked before that.

Ben Wolf:

and so part of the answer to your question is how do you do

Ben Wolf:

it when it's only part time?

Ben Wolf:

And the answer is through measurables through meeting

Ben Wolf:

cadences through one on ones.

Ben Wolf:

But, setting it up at a cadence, not like constant, chipping

Ben Wolf:

10 20 questions a day, right?

Ben Wolf:

But Setting that up at a healthy cadence, which honestly, actually,

Ben Wolf:

that really is what you should be doing even in full time.

Ben Wolf:

cause you're, you as a manager or leader are going to be much better

Ben Wolf:

used to yourself and your team, not to be answering 50 questions a day

Ben Wolf:

or supervising, every single proposal that goes out and every single detail.

Ben Wolf:

But, but if you're freed up from that by having good processes, good

Ben Wolf:

systems and the right people, then you could also add much more value to the

Ben Wolf:

business, even in a full time role, but certainly in fractional, like you're

Ben Wolf:

only there for the leadership part of it.

Ben Wolf:

So you are, and I think that's an important aspect.

Ben Wolf:

I think that underlies or the question when people have a hard time getting their

Ben Wolf:

head around, which is understandable how you can have an executive, a leader level.

Ben Wolf:

That's not full time.

Tim Winders:

What's interesting, I like the parenting, analogy that you use

Tim Winders:

because I was sitting here thinking, as you were saying, I was thinking about

Tim Winders:

organizations I've worked with or for and it does seem as if often the leadership,

Tim Winders:

we'll just say leadership, sometimes it's a founder, sometimes it's You know,

Tim Winders:

there's also this no man's land for a lot of companies, and I think you deal with

Tim Winders:

it, you see it, there's this place where people say, if we just have more money

Tim Winders:

and resources, we could just hire all the people we need and things will be great.

Tim Winders:

I don't know that I agree with that.

Tim Winders:

I think there needs to be a progression and the progression

Tim Winders:

needs to be, and I'm spending time right here with my granddaughter.

Tim Winders:

So they're one in four.

Tim Winders:

And I think a lot of people treat their business.

Tim Winders:

Someone treat their lives this way, as if they're dealing with babies and toddlers

Tim Winders:

when they're 21 years old and they really need to be treating them with a little

Tim Winders:

bit of just accountability, let them go do their own thing, check in, like you were

Tim Winders:

talking about process systems and things.

Tim Winders:

and I think that's a culture thing.

Tim Winders:

In fact, I think you talk about it in the book some, that there is important,

Tim Winders:

it is very important to have a culture that, And have a fractional leader and

Tim Winders:

that is open to it because you also need to have a team and a group of people that

Tim Winders:

are okay with someone coming in and out.

Tim Winders:

let's just use an example.

Tim Winders:

One day a week.

Tim Winders:

Is that seems like a good rhythm, Is that correct?

Ben Wolf:

Yeah, very often.

Tim Winders:

Yeah.

Tim Winders:

So they come in one day a week.

Tim Winders:

But so there needs to be the culture that's there that can handle it.

Tim Winders:

Talk a little bit about, you already mentioned the helicopter parent.

Tim Winders:

what type of a culture and a business would be ripe for

Tim Winders:

something like a fractional leader?

Ben Wolf:

I'll speak more to the business owner.

Ben Wolf:

because that's really the most relevant question when it comes to what culture

Ben Wolf:

is open to it, because if the business owner is, has got the right attitude

Ben Wolf:

and he, he wants to help and is, open to growth and learning and wants to

Ben Wolf:

do things better, because that's why they're bringing somebody in, right?

Ben Wolf:

Because they want something different than what they have.

Ben Wolf:

And.

Ben Wolf:

if they're behind it, if they have got a good attitude, then even if everybody else

Ben Wolf:

in the organization doesn't, it may take a while, but you'll eventually get there.

Ben Wolf:

You may have to replace most of the company, but you'll eventually get there.

Ben Wolf:

You'll eventually be successful.

Ben Wolf:

so it's really, and even if the team has got great attitude and everything, but if

Ben Wolf:

the business owner is not open minded and is not really committed to making the hard

Ben Wolf:

decisions to, Actually achieve the success that they ostensibly want, then you're not

Ben Wolf:

going to be successful, even with a great team and a great culture among the leaders

Ben Wolf:

and managers or for frontline employees.

Ben Wolf:

So there's more about the business owner and if the business

Ben Wolf:

owner is, has a certain level.

Ben Wolf:

Obviously, they have a certain level of expertise and a certain level

Ben Wolf:

of genius to have built what they build and done what they've done.

Ben Wolf:

But they have to together with that also have a level of humility and a level of

Ben Wolf:

frustration with how things are going and really a desire to want to know and do

Ben Wolf:

a better way and be open minded to that.

Ben Wolf:

I've had calls with potential clients where we get on the phone and they spend,

Ben Wolf:

or zoom and we get on the Call and hear on and on what a great team they have,

Ben Wolf:

what a great product they have, what great customers they have, what great

Ben Wolf:

processes they have, how great they are.

Ben Wolf:

And we're just like, okay, what, like, why are we on the phone then?

Tim Winders:

need, you don't need anybody.

Ben Wolf:

you don't need it.

Ben Wolf:

it sounds like you're doing good.

Ben Wolf:

No, it's always good, to tweak and you can always grow and there's

Ben Wolf:

always room for improvement.

Ben Wolf:

That sort of engagement is not going to work.

Ben Wolf:

such a person is not going to be successful with a fractional

Ben Wolf:

executive, or many things just cause they think they know it all.

Ben Wolf:

the, when it comes to having to make tough decisions or.

Ben Wolf:

evolve and change to the new reality that they're either in or that they want

Ben Wolf:

to be in, to set that up for success.

Ben Wolf:

They're not going to be willing to do it.

Ben Wolf:

and then ultimately they're not going to be successful in it.

Ben Wolf:

And they're going to probably blame you for not being successful since they had

Ben Wolf:

hired you if they would have hired you.

Ben Wolf:

so I would say it's more about the business owners, desire,

Ben Wolf:

frustration with how things are going, and desire for a better way.

Ben Wolf:

and if that's there, and there's a more or less a core values fit between,

Ben Wolf:

between the fractional executive and the business owner, that I think that you

Ben Wolf:

can overcome almost any other obstacle

Tim Winders:

Yeah.

Tim Winders:

That's interesting.

Tim Winders:

I, as you were saying that I was sitting here and thinking that

Tim Winders:

it's the same thing with me.

Tim Winders:

I call myself a coach at times.

Tim Winders:

I'm not even sure that's a good term.

Tim Winders:

I've tried to use the term strategic coach before, cause I'm more strategy and all.

Tim Winders:

And I do you talk about it in the book.

Tim Winders:

I actually find myself being part of the leadership team.

Tim Winders:

I'm Because I don't like that term consultant you talk about drive by

Tim Winders:

consultants I do think there's a time and place for consultants though

Tim Winders:

Some people need those but one of the things you do I Maybe I want to

Tim Winders:

divide up our conversation here over the next few minutes with two areas.

Tim Winders:

I want to talk about the business owner that might be considering or thinking or

Tim Winders:

might need to consider or think about it.

Tim Winders:

and what I was thinking about earlier is people that say we could use some help.

Tim Winders:

That's really the foundation for when people talk to me

Tim Winders:

and they probably talk to you.

Tim Winders:

It's you know what?

Tim Winders:

We're not perfect.

Tim Winders:

We need help.

Tim Winders:

And, and that's, I think valuable to come to that.

Tim Winders:

But let's talk about the business and just, the, I don't know if it's

Tim Winders:

levels, I don't know if it's stages that they go through that might

Tim Winders:

lead them to say, we could use this, or maybe we need to consider it.

Tim Winders:

I've actually got a client that I thought about when I was reading

Tim Winders:

the book, I'm going, they might.

Tim Winders:

Could use one in the area of sales.

Tim Winders:

we've been struggling with some things in our sales team recently let someone go,

Tim Winders:

I'm going, we actually could use, I'll call it a hired gun, but we could use

Tim Winders:

a fractional, salesperson that can come in, but go through some of those stages

Tim Winders:

and talk about stages that people might go through that might end up connecting

Tim Winders:

them to you or to a fractional person.

Ben Wolf:

stage would be that, when you just realize that you don't have.

Ben Wolf:

You don't have the knowledge or experience on your team for a particular role in the

Ben Wolf:

business, for a particular function of the business to get it where it needs to go.

Ben Wolf:

the sales example is great.

Ben Wolf:

you're, you tried this, you tried that, you tried experiments, you try taking

Ben Wolf:

a course or while learning and reading.

Ben Wolf:

And you just realize, like one of the books behind me for those watching on

Ben Wolf:

the video is called who not how, right?

Ben Wolf:

Which is.

Ben Wolf:

That, sometimes it's not the best use of your own time and energy to just learn

Ben Wolf:

a whole new thing from the ground up.

Ben Wolf:

Like sometimes, it's a better use of your energy to focus your energy on

Ben Wolf:

what you're love doing and are great at, because that's going to be, that's

Ben Wolf:

going to be where you can add hundreds of thousands, if not millions of

Ben Wolf:

dollars in value to your business is by focusing on what you're great at

Ben Wolf:

instead of taking away time from that.

Ben Wolf:

To learn everything about sales and try to be the sales leader yourself,

Ben Wolf:

bring in for eight, 10, 12, 000, whatever per month, a fractional sales

Ben Wolf:

leader to, to, who's done it before, who's built sales organizations, who

Ben Wolf:

knows about metrics and training and systems and CRMs and everything else.

Ben Wolf:

And it's like they're doing it in their sleep.

Ben Wolf:

they've done it a million times before, and.

Ben Wolf:

And you could just have all the benefit of that without having to reinvent the wheel.

Ben Wolf:

that's a, it's a good example of that.

Ben Wolf:

same thing on the CFO side.

Ben Wolf:

Again, very often when you have C, the CFO is somebody that just grew

Ben Wolf:

up in the organization and figured out how to use QuickBooks and how

Ben Wolf:

to run the numbers and everything.

Ben Wolf:

And they're not really functioning as a CFO.

Ben Wolf:

they're more of a money manager.

Ben Wolf:

They take care of AR, AP.

Ben Wolf:

bookkeeping, reconciliations, but they're not, but you're not having that financial

Ben Wolf:

leadership of, that you really need.

Ben Wolf:

And so when you get to a scale where you start to need that, you need that extra

Ben Wolf:

insight, you're throwing away tens of thousands, if not hundreds of thousands

Ben Wolf:

of dollars a year on waste or missing out on opportunities, or not seeing threats

Ben Wolf:

coming or not building relationships with your bank, because you just don't

Ben Wolf:

have a real financial leader that knows what an organization of your Maturity

Ben Wolf:

really needs to have to be healthy and successful and not put itself at risk.

Ben Wolf:

And so bringing that CFO has done it before again, could

Ben Wolf:

be 5, whatever per month.

Ben Wolf:

You can have a CFO, like a real CFO who's done this for multiple businesses,

Ben Wolf:

on your team, as your financial leader.

Ben Wolf:

It's a great thing.

Ben Wolf:

You don't have to reinvent the wheel.

Ben Wolf:

You don't have to figure it out yourself.

Ben Wolf:

And, and that person who's good at the day to day of finance, they

Ben Wolf:

could run the day to day of finance.

Ben Wolf:

That's perfect.

Ben Wolf:

Pair up that person with the CFO.

Ben Wolf:

It's a perfect marriage.

Ben Wolf:

it's something with operations and with the COO side where we are, where we

Ben Wolf:

lead the leadership teams and we hire a lot of these other roles, whether

Ben Wolf:

full time or fractional, we're putting the right people in those roles.

Ben Wolf:

And so we're at the nexus of it all in the COO role.

Ben Wolf:

And again, it's very often the business owner has to fulfill that COO

Ben Wolf:

role, in the absence of anyone else.

Ben Wolf:

And they're, they may be great at product development, or maybe they're

Ben Wolf:

great at sales or they're great at, whatever they're great at, and

Ben Wolf:

should spend their time focused on.

Ben Wolf:

But then the day to day to the business, when you grow beyond a certain point of

Ben Wolf:

20, 30, 50 people, and you just, it just stops working, it's too complicated.

Ben Wolf:

You start getting into problems.

Ben Wolf:

You try things and they're not working.

Ben Wolf:

You try one thing, you try another thing, you're not working.

Ben Wolf:

You need someone that's built a business like yours before someone who's done

Ben Wolf:

this before, and say, then you could focus on what you do love doing, what

Ben Wolf:

you are great at and bring in an outside COO that's done this before to help lead

Ben Wolf:

your leadership team, help elevate those people so they could be the right people.

Ben Wolf:

And if they're not, I'll probably replace them with the right people.

Ben Wolf:

and.

Ben Wolf:

Ultimately, get your team to be a self managing team, right?

Ben Wolf:

So that you can be free to be the visionary, be the idea guy or gal,

Ben Wolf:

or be the relationship guy or gal, or the culture warrior within your

Ben Wolf:

business or the thought leader in your industry or whatever it is that

Ben Wolf:

you're, that your superpower is.

Ben Wolf:

It's about time doing that and have a leadership team that Actually comes with

Ben Wolf:

batteries included, you're not pushing and pulling to get everything done because

Ben Wolf:

they won't do it without you pushing and pulling and prodding all the time.

Ben Wolf:

I guess somebody else who's an expert in, in, in doing that or in setting up a

Ben Wolf:

group of people who don't need that done.

Tim Winders:

One of the things I love about it, I love testing things.

Tim Winders:

And to me, it seems like a good way to.

Tim Winders:

Test out some stuff.

Tim Winders:

Let's see what our culture is like and all that but that's not it's not the I

Tim Winders:

don't want to go Down that road right now.

Tim Winders:

I want to ask a question that I'm sure you've heard this because I hear this

Tim Winders:

all the time and i'm gonna ask it and then i'm gonna let you say how you would

Tim Winders:

respond to it or and maybe you would respond to it differently because we're

Tim Winders:

in this nice cool interview format and you're not actually You know closing a

Tim Winders:

sale or talking to anyone about it You know, you're having this conversation

Tim Winders:

and I say something to the effect of Ben, but our business is different.

Tim Winders:

We do it differently here.

Tim Winders:

We've got our own this or that, or our product is different or whatever.

Tim Winders:

And I know you've heard that I've heard it.

Tim Winders:

First of all, this might be the cool thing.

Tim Winders:

What goes through your mind when you hear somebody say that not what comes

Tim Winders:

out of your mouth, but what goes through your mind when someone says, but Ben.

Tim Winders:

Our business is different.

Ben Wolf:

all right.

Ben Wolf:

Obviously in the mind that goes through the concept of terminal

Ben Wolf:

uniqueness, 80 percent of businesses are the same, regardless of whether

Ben Wolf:

it's manufacturing or SAS companies, or retail or professional services,

Ben Wolf:

like 90 percent of running a business.

Ben Wolf:

when in right structure and vision and accountability and metrics.

Ben Wolf:

Now, what those what that vision is, what those metrics are, what that

Ben Wolf:

kind of abilities are specifically for that will be different.

Ben Wolf:

But the fact that there are those things and we just need to name

Ben Wolf:

whatever they are at each unique business is where the different.

Ben Wolf:

Differences come in and there, there are unique things.

Ben Wolf:

Of course, 20 percent of businesses are different.

Ben Wolf:

And, and so there are unique things that are different in your business

Ben Wolf:

than anybody else's, or your customer, your product, or your clients and

Ben Wolf:

customers than any other business.

Ben Wolf:

But what I say out loud to the, to answer that question is that what a fractional

Ben Wolf:

If they're good and like my team is adept at is marrying together their experience

Ben Wolf:

running businesses and managing teams and setting vision and driving execution

Ben Wolf:

towards whatever the unique visions of each of those businesses are most

Ben Wolf:

of that is the same and similar and marrying that experience together with

Ben Wolf:

learning from you guys, learning from the business owner and the other members

Ben Wolf:

of the team, the unique things of their business and Not, usurping or replacing

Ben Wolf:

your knowledge of your customers, your product and your team with ours, because

Ben Wolf:

it is going to be unique in some ways.

Ben Wolf:

And so marry you know, when we would even after a year, even after full time for

Ben Wolf:

a year, we wouldn't understand all the nuances of the business and your customers

Ben Wolf:

and your product the way you know it.

Ben Wolf:

We would never accomplish anything if we had to understand

Ben Wolf:

it to the same extent you do.

Ben Wolf:

So what we do is we marry together that utilization of the wisdom in you and

Ben Wolf:

your leadership team and marrying that together with our experience about what

Ben Wolf:

works and what doesn't work and how you have to build a business and what things

Ben Wolf:

are important so we're not reinventing wheels and marry those two things

Ben Wolf:

together and then drive execution on it.

Ben Wolf:

And that's essentially how we do it and why we're able to start making changes in

Ben Wolf:

business and making an impact within the first few weeks, even though, we don't

Ben Wolf:

know everything about the business within that amount of time, but we don't need

Ben Wolf:

to, we marry together your experience and your knowledge with our background

Ben Wolf:

and our experience connected to together.

Tim Winders:

So another thing being someone who lives a little

Tim Winders:

bit of a different lifestyle, we get the question all the time.

Tim Winders:

Why would you, live in a motor coach and travel and because the fractional

Tim Winders:

leader is a little bit different than tradition, we'll call it.

Tim Winders:

I'll ask you this way, this is something that as I was reading through the portion

Tim Winders:

of the book I was deeply reading, not scanning, I was thinking what I really

Tim Winders:

wanted to ask you was, especially because you see a number of them, tell me what

Tim Winders:

you can about the mindset, not the technical skills or the skills or even

Tim Winders:

the background of a fractional leader.

Tim Winders:

But tell me about the mindset of someone who has an interest in being

Tim Winders:

a fractional leader because that, that to me, that seems fascinating.

Tim Winders:

and if you say, no, it's not that fascinating, we'll move on.

Tim Winders:

But to me, it seems fascinating to take this group of people that's, that

Tim Winders:

are saying, I have either done certain things in my life and I want to move

Tim Winders:

forward and do it with three, four, five.

Tim Winders:

Companies or whatever and work here one day here one day maybe all virtually

Tim Winders:

but still So does that is that an okay question to ask about the mindset and

Tim Winders:

is that something you can speak to?

Ben Wolf:

Yeah, sure.

Ben Wolf:

I would say that there's the people who go into this, who do this does three main

Ben Wolf:

benefits that they want from it or that they feel drawn to, which I call more

Ben Wolf:

fun, more flexibility and more money.

Ben Wolf:

So it's more fun for them, at least, again, everyone has different interests,

Ben Wolf:

but more fun for them because they, get to work with different companies every day.

Ben Wolf:

There's more variety because they're fractional, not full time.

Ben Wolf:

They get pulled in a lot less into the boring parts and the administrative stuff.

Ben Wolf:

And they really get to operate much more at a higher level with the

Ben Wolf:

businesses that they work with, and they get to make a major impact.

Ben Wolf:

Work with them for 12 or nine or 12 or 18 months, and then move on

Ben Wolf:

to the next major challenge, right?

Ben Wolf:

They see major change that they were able to drive, feel a

Ben Wolf:

lot of satisfaction from that.

Ben Wolf:

So it's more challenging, more variety.

Ben Wolf:

So it's more fun in that sense, more flexibility because you could really

Ben Wolf:

make a lot more in three days a week and fractional work than you can in

Ben Wolf:

full time of a full time executive role.

Ben Wolf:

And So you, and let's say in just three days a week of client work, so

Ben Wolf:

you can have that more flexibility, during those other two days a week, so

Ben Wolf:

to speak, of whether it's driving your kids, driving your kids to sports games

Ben Wolf:

out of town on the weekend or whatever, taking long weekends or, Conference

Ben Wolf:

or whatever, just, you could use that time or, doing business development

Ben Wolf:

and internal administrative work, but it's just, it's more flexibility.

Ben Wolf:

so people like some people like that flexibility in the, and,

Ben Wolf:

the last thing is more money.

Ben Wolf:

Like I said, you could make more in about 3 days a week of client

Ben Wolf:

work than you can full time in an executive, for most executives.

Ben Wolf:

you can make more money.

Ben Wolf:

And so people like that too.

Ben Wolf:

And that's what attracts people to it.

Ben Wolf:

I think there's a perception among some that fractional executives are

Ben Wolf:

people that like lost their corporate jobs and can't get another one.

Ben Wolf:

And so they just put themselves out as fractional.

Ben Wolf:

And there are people like that out there.

Ben Wolf:

And, they may say fractional and really they're just.

Ben Wolf:

job seekers, and they're hoping to do a rent to own situation, right?

Ben Wolf:

They're hoping it like works out and that they'll get hired

Ben Wolf:

at whoever their client is.

Ben Wolf:

so there are those out there like that, but the people who really

Ben Wolf:

want to be fractional leaders, the people I wrote my book about, were

Ben Wolf:

those who really want to do this.

Ben Wolf:

And if, I've been offered full time jobs.

Ben Wolf:

A lot of people I know have offered full time jobs.

Ben Wolf:

You're like, why in God's green earth would I ever give this up

Ben Wolf:

to like work full time again?

Ben Wolf:

Like I wouldn't.

Ben Wolf:

Never do that.

Ben Wolf:

So that's, it's almost like laughable when you, like, when you

Ben Wolf:

think people offer a full time job.

Ben Wolf:

It's thanks, but no, thanks.

Tim Winders:

I've heard the same thing about you know Someone who's like a

Tim Winders:

coach or an executive coach like me.

Tim Winders:

It's like oh can't you know lost your gig lost your job, whatever and No, but one

Tim Winders:

of the things and I think you skirted it on some of the things you just brought

Tim Winders:

up in those three items one of the things that I love that To me would be

Tim Winders:

super appealing about being a fractional leader is I think the word diversity

Tim Winders:

might be part of it, but the ability to see a lot of examples and sample a lot

Tim Winders:

more stuff, because one of the things that I feel like some of the biggest

Tim Winders:

value that I bring in with a client.

Tim Winders:

Is not the fact that I had companies and, we lost them, even though that is actually

Tim Winders:

part of my story, but the fact that I'm working with eight to 10 at one point, and

Tim Winders:

I'm learning from every one of them, and I'm taking from one, not Trade secrets,

Tim Winders:

not, nothing like that, but I'm, just taking things that worked here and saying,

Tim Winders:

this actually could work here also.

Tim Winders:

and you know what, I actually find that I enjoy interacting with

Tim Winders:

diverse, I don't even know if it's companies, people, leadership styles,

Tim Winders:

cultures, different things like that.

Tim Winders:

That's part of it too, isn't it?

Ben Wolf:

yeah, it's definitely an appeal.

Ben Wolf:

You have, we have the same benefit, obviously, and fractional

Ben Wolf:

executives have the same benefit.

Ben Wolf:

And we, with my firm, Wolf's Edge Integrators, we try to

Ben Wolf:

multiply that by having you.

Ben Wolf:

All of our team members are meeting every week and talking over a sticky

Ben Wolf:

client issues with each other.

Ben Wolf:

So we have a brain trust, of fractional COOs.

Ben Wolf:

They're all benefiting from each other.

Ben Wolf:

So we got one challenge and we'll, we'll come back to our client

Ben Wolf:

with eight different ideas and other things that have been done.

Ben Wolf:

And other companies, not just from our own experience, but from our

Ben Wolf:

colleagues experience, which is nice.

Tim Winders:

Nice.

Tim Winders:

Could I pay a couple bucks and just be a part of that?

Tim Winders:

Brain trust.

Tim Winders:

Interesting thought there.

Tim Winders:

so a couple things I want to wrap up and talk a little bit more about the

Tim Winders:

book, but before I do, there's a couple of learning points I want us to get

Tim Winders:

from you because I always love when I interact with people, it goes back to

Tim Winders:

what I just brought up, interact with people that get to see a lot of examples.

Tim Winders:

And I know you see a lot of things from companies, company leadership,

Tim Winders:

businesses, and organizations.

Tim Winders:

And then you also see a good bit, from the leaders and, your

Tim Winders:

fractional leaders that you have.

Tim Winders:

I would like for us, we've got a few minutes left here before we start

Tim Winders:

wrapping up, talking about the book as we finish up, but tell me...

Tim Winders:

A couple of things for anybody listening that are like a best

Tim Winders:

practice or a tip or something that you've picked up just from companies.

Tim Winders:

And I guess if you want to say hire a fractional leader, that would be okay.

Tim Winders:

It would be a little bit lighter than I'm looking for here.

Tim Winders:

I'm looking for something that you have learned from dealing with all the

Tim Winders:

organizations and then maybe something from all the fractional leaders.

Tim Winders:

And then, and then we'll, mention a few things about the

Tim Winders:

book before we finish up here.

Ben Wolf:

maybe what I'll share is this, one of the, you know, for people that want

Ben Wolf:

to understand what, let's say a fractional COO would be doing in their business

Ben Wolf:

and, but besides hiring one, like, how could you do some of that stuff yourself?

Ben Wolf:

What are we doing in our businesses with our clients?

Ben Wolf:

And one of the things we do, especially in the first quarter is we put

Ben Wolf:

together, we get a, we get a, A sense of what's going on, what all the

Ben Wolf:

issues are, what's the 1000 potential priorities and issues and challenges

Ben Wolf:

and all the ideas that are vying for attention and looking for priority.

Ben Wolf:

And we put together a road map during that 1st quarter of what is the actual path?

Ben Wolf:

Look like you, you say, we get clear from them what they want to

Ben Wolf:

accomplish, where they want to get to.

Ben Wolf:

And then we look, we get a clear understanding of what all the

Ben Wolf:

issues are and all the potential options and priorities are.

Ben Wolf:

And then we come up with, okay, based on our experience, what's the pathway?

Ben Wolf:

What's the.

Ben Wolf:

Roadmap to get from where you are to that destination that you want to get to.

Ben Wolf:

So we put together a roadmap template that people can use themselves

Ben Wolf:

to apply to their own business.

Ben Wolf:

If you go to WolfSedgeIntegrators.

Ben Wolf:

com forward slash resources.

Ben Wolf:

There's a roadmap there that you can download.

Ben Wolf:

It's an Excel format.

Ben Wolf:

it gives you some, ideas on a number of stages and, so you

Ben Wolf:

could fill in what applies to you.

Ben Wolf:

There's a 10 minute video instructions on how to use the roadmap for yourself.

Ben Wolf:

so that's, wolvesedgeintegrators.

Ben Wolf:

com forward slash resources.

Ben Wolf:

You can download there a roadmap that you could use yourself.

Ben Wolf:

that's one resource or tip.

Ben Wolf:

I think that it can be useful.

Ben Wolf:

Stop

Tim Winders:

Very good.

Tim Winders:

Very good.

Tim Winders:

Anything from just a leadership standpoint that you've seen from

Tim Winders:

dealing with leaders that are fractional leaders that are business owners,

Tim Winders:

anything that comes to mind that you can share this big leadership tip.

Ben Wolf:

compromising on your dreams.

Ben Wolf:

You were.

Ben Wolf:

You are like, why are you not firing the people who are not

Ben Wolf:

performing who you love, right?

Ben Wolf:

Why are you not holding people accountable for the results

Ben Wolf:

that they're supposed to get?

Ben Wolf:

Because you love them and because you're a nice guy or you're a nice gal, right?

Ben Wolf:

But presumably you're in whatever the business your business is because you

Ben Wolf:

want to make an impact in the world You have bigger dreams for yourself for your

Ben Wolf:

children for your grandchildren for your community for your customers, you have

Ben Wolf:

some bigger dreams for yourself and you're enslaving yourself to mediocrity into

Ben Wolf:

a life of babysitting, by not, by not taking your own dreams more seriously.

Ben Wolf:

And so I guess I would just say, stop being so nice because you are.

Ben Wolf:

Because your niceness sometimes is really cruelty because you're robbing

Ben Wolf:

yourself and your spouse and your children and the world and your

Ben Wolf:

customers of whatever your mission and your dreams are for your business.

Ben Wolf:

And, for the short term avoidance of hard conversations and hard decisions

Ben Wolf:

because you're such a nice person.

Tim Winders:

Stop being so nice.

Tim Winders:

You heard it

Ben Wolf:

Stop being so nice and take your dreams seriously.

Ben Wolf:

Make hard decisions.

Tim Winders:

Yeah, no, I think it's a, yeah, I like that.

Tim Winders:

Be mature, have mature conversations, mature decisions.

Tim Winders:

I like that.

Tim Winders:

The book is fractional leadership, landing executive talent.

Tim Winders:

You thought was out of reach.

Tim Winders:

Then who should get ahold of this book?

Tim Winders:

I enjoyed the heck out of it.

Tim Winders:

I thought it was a great read, but I'd love for you to tell us who should go

Tim Winders:

get it and then maybe lead into where they could find it and things like that.

Tim Winders:

And we'll gather.

Tim Winders:

A few more questions before we wrap up here.

Ben Wolf:

The book is for well, it's written for business owners.

Ben Wolf:

So first and foremost, anybody with a business If you've got some kind of

Ben Wolf:

gap on your leadership team, right?

Ben Wolf:

you or somebody else is sitting in multiple seats or you have somebody

Ben Wolf:

on the leadership team or you have some, no, nobody that's filling certain

Ben Wolf:

seats, important functions of your business, or you've got the wrong person

Ben Wolf:

potentially, or an underperforming person in certain roles in their business.

Ben Wolf:

that's, you should read it.

Ben Wolf:

it's, using someone fractionally, not necessarily needing somebody for you.

Ben Wolf:

Maybe full time will work, but, might not.

Ben Wolf:

And so it's worth learning about, whether you can fill that gap or replace

Ben Wolf:

that underperforming person with.

Ben Wolf:

or replace yourself.

Ben Wolf:

If you're that underperforming person, in a certain role in the

Ben Wolf:

business, if you're sitting in two or three seats and, potentially the

Ben Wolf:

fractional to explore it that way.

Ben Wolf:

I have been told by a lot of fractional executives, whether part

Ben Wolf:

of firms or solo practitioners.

Ben Wolf:

That they've got, that even though the business owners are the target audience,

Ben Wolf:

so to speak, of the book, but that's who it's officially written to, but that

Ben Wolf:

they've gotten a lot of value from it and understanding the fractional role better

Ben Wolf:

or understanding if they want to go into a fractional role or if they're already

Ben Wolf:

in it to get a better understanding of it.

Ben Wolf:

Better understanding of it or to get terms and ideas and ways of explaining things.

Ben Wolf:

Maybe that you struggled with explaining when people asked you questions.

Ben Wolf:

I've been told a lot that it was very helpful in giving people words

Ben Wolf:

to explain concepts that they knew, but had a difficult time explaining.

Tim Winders:

Okay.

Tim Winders:

I can find it, I guess, wherever books are available and

Ben Wolf:

Yeah.

Ben Wolf:

it's look, Amazon, it's audible, Kindle, a paperback hardcover,

Ben Wolf:

whatever format you want it.

Ben Wolf:

It's, it's available.

Tim Winders:

Sure.

Tim Winders:

Tell us about the podcast.

Tim Winders:

Win win.

Tim Winders:

Is that the name?

Ben Wolf:

Yeah, win win, the win win podcast, our theme is anything that

Ben Wolf:

gives value for small and mid sized business owners, that's really our

Ben Wolf:

theme, so it's a wide variety of things that would give value to those kind

Ben Wolf:

of business owners, it's not really focused on personal growth, except as

Ben Wolf:

it applies to business owners, it's not really focused on things that would be

Ben Wolf:

only applicable to solo practitioners or people in large corporate environments.

Ben Wolf:

It's really small and mid sized business owners or leaders.

Ben Wolf:

That's who it's applicable for anything that we give value for them.

Ben Wolf:

And we had Chris Voss recently from never split the difference on the show.

Ben Wolf:

and Marcus Sheridan from they ask you answer, a lot of really good people.

Tim Winders:

Yeah, I think I listened to some of that Chris Foss.

Tim Winders:

That was really good.

Tim Winders:

I actually watched it on YouTube.

Tim Winders:

So y'all have YouTube just like we do and we're calling these podcasts, but now

Tim Winders:

they're just There's content out there.

Tim Winders:

If someone just wanted to connect with you Ben, where do you want to direct them?

Tim Winders:

Where should they go if they just want to get with you either?

Tim Winders:

I don't know if you want to go to linkedin website, whatever just tell us that

Ben Wolf:

LinkedIn works.

Ben Wolf:

Yeah, just let LinkedIn.

Ben Wolf:

LinkedIn is perfect.

Ben Wolf:

If it's for me, if it's anything about WolfSedgeIntegrators.

Ben Wolf:

com, there's a lot of good information there.

Ben Wolf:

A lot of FAQs, videos, long blogs and videos that just

Ben Wolf:

answer your major questions.

Ben Wolf:

but, but if it's to connect with me, LinkedIn is the best.

Tim Winders:

Excellent.

Tim Winders:

Ben, we're Seek, Go, Create, those three words that we mashed

Tim Winders:

together for this podcast title.

Tim Winders:

I'm going to let you pick one of those as my last question, Seek, Go, or Create.

Tim Winders:

Which word, I don't know, means more to you, resonates with you

Tim Winders:

more than the other two, and why?

Ben Wolf:

I don't know if everybody says this, but it's

Ben Wolf:

create, it's, building big things.

Ben Wolf:

that's what I enjoy is, is building things, building teams,

Ben Wolf:

building my company, building other people's companies,

Ben Wolf:

creation's what resonates with me.

Tim Winders:

Very good.

Tim Winders:

Not everyone says that.

Tim Winders:

It's actually...

Tim Winders:

Pretty evenly divided.

Tim Winders:

It really is.

Tim Winders:

Ben Wolf, thanks for joining us on Seek, Go Create.

Tim Winders:

This has been a great conversation.

Tim Winders:

Loved the conversation about fractional leadership, and I highly recommend

Tim Winders:

if you've, if you're listening in, go get the book, Fractional Leadership,

Tim Winders:

especially if you don't know much about it or want to know more, it is a great

Tim Winders:

read and it's perfect to get educated and understand what it is and how it

Tim Winders:

might benefit you and your organization, if you lead an organization, and then

Tim Winders:

also check out Win Win, the podcast.

Tim Winders:

Think that would be a great place to jump right when you're finishing

Tim Winders:

up here, because you're already on your podcast player and you can go

Tim Winders:

over, I think it's great compliment.

Tim Winders:

I listened to some of the things there and it is a great compliment

Tim Winders:

to what we're doing here.

Tim Winders:

So thanks for joining us.

Tim Winders:

We have new episodes every Monday until next time here at seek,

Tim Winders:

go create, continue being all that you were created to be.