James: James Schramko here from SuperFastBusiness.com. Chatting with Lloyd Thompson from VirtualDOO.com. That’s Virtual D double O .com
And Lloyd, you’re a fractional integrator.
Lloyd: That’s right. Thanks for having me again, James.
James: Lloyd, what is a fractional integrator?
Lloyd: A fractional integrator is someone who will manage your people, your projects and your process improvement on a fractional basis. So they not only serve you but they serve other clients. And the benefit for this to you is that you if you can’t afford to take on a GM full time, we don’t want to take on someone who has a stake in your business or expecting a profit related pay, then fractional integrator might be an ideal candidate for you. And what sort of business size is going to get great results from a fractional integrator? Generally, we like to say, less than 20. But we could cater for up to 50. But really less than 20 is our sweet spot.
James: Right. And I imagine it’s going to change how much you charge for, which I’m going to ask you in a separate question. But for now, I want to ask you, like, how long do you work with a client? Because it’s fractional and essentially, the client’s sharing you with other clients, but they’re also not paying for you as if you’re there full time, which is a tremendous advantage.
Do you just come and work with him for a short time? Or do you have a sort of planned obsolescence where you’ll work until someone’s replacing you, if they’re going to grow to that size?
Lloyd: It can be as long as they want. Ultimately, we’re there to improve things to a point that if they want to hire someone that’s permanent. But we’re month to month, so it can be cancelled within 30 days. We’re happy to cancel at any time.
James: Yeah, that’s very generous. And Lloyd, if I’m interested in getting a fractional integrator into my business, how do I get in touch with you?
Lloyd: Just email [email protected]. And that’s Virtual D double O.com. Also my website, VirtualDOO.com.
James: Love it. Thanks, Lloyd.
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