Interim Operators and Advisers are Smart Bets for VCs

Interim Operators and Advisers are Smart Bets for VCs

by | Mar 14, 2023 | General

In times of economic downturn, venture capital (VC) firms face increased pressure to make smart investments that generate high returns. This is where interim advisers and operators can make a big difference.

 

 

 

Interim advisers are experienced professionals who provide short-term consulting services to VC firms. They bring a wealth of knowledge and expertise to the table, helping VC firms to make informed investment decisions and navigate the complexities of the market. These advisers are particularly valuable during economic downturns when market conditions are uncertain and investments require careful consideration.

Interim operators, on the other hand, are experienced executives who can be brought in to help portfolio companies navigate difficult times. They have a deep understanding of the industry and can provide hands-on support to portfolio companies to help them weather economic storms. These operators can help portfolio companies restructure, cut costs, and develop new business strategies to stay afloat during challenging times.

For VC firms, interim advisers and operators are valuable resources that can help them stay ahead of the curve during economic downturns. By working with these professionals, VC firms can make smart investment decisions, support portfolio companies, and position themselves for long-term success. If you’re a VC firm looking to weather the storm of an economic downturn, consider bringing on an interim adviser or operator to help you navigate the challenges ahead.

 

REV Advisers provides consulting, adviser and interim operator solutions for emerging startups to established Fortune 1000 companies.

 

 

 

 

 

 

 

10 Side Hustles for the Busy Executive

by | Dec 22, 2022 | Income Streams

Side hustles can be a great way to supplement your income, pursue a passion, or try out a new career path. Whether you’re looking to earn a little extra money on the side or turn your side hustle into a full-time business, there are countless options available. In this post, we’ll explore some of the best side hustles for busy professionals, from freelancing and consulting to teaching and coaching. Whether you have a particular skill or expertise to offer, or simply want to put your creativity and entrepreneurial spirit to work, there is a side hustle out there for you.

  1. Freelance/fractional consulting: Utilize your professional skills and expertise to provide consulting services on a freelance basis.
  2. Online tutoring or teaching: Use your knowledge and experience to teach or tutor others online.
  3. Virtual event planning: Use your organizational skills to plan and execute virtual events for clients.
  4. Social media management: Help businesses and organizations manage their social media accounts and create engaging content.
  5. Graphic design: Use your design skills to create graphics and visual materials for clients.
  6. Website design and development: Use your web development skills to create and design websites for clients.
  7. Writing or editing: Use your writing and editing skills to create content or edit materials for clients.
  8. Photography or videography: Use your photography or videography skills to create visual content for clients.
  9. E-commerce or dropshipping: Set up an online store or utilize dropshipping to sell products online.
  10. Coaching or mentorship: Use your professional experience and expertise to mentor or coach others in your field.
The Benefits of a Fractional CMO

The Benefits of a Fractional CMO

by | Dec 18, 2022 | Marketing

In today’s ever-changing business landscape, it’s more important than ever to have a strong marketing team in your corner. But what if you don’t have the budget to hire a full-time Chief Marketing Officer (CMO)? Enter the fractional CMO.

A fractional CMO is a senior marketing executive who works on a freelance basis. This is a zero-execution role focused on strategy across channels, reporting and goal setting, managing a team, and growing new channels and verticals. In other words, a fractional CMO is responsible for all aspects of your company’s marketing efforts—they just happen to work on a part-time basis.

So, what are the benefits of hiring a fractional CMO? Let’s take a look. 

Benefit #1: Save Money on Salary and Benefits

Perhaps the most obvious benefit of hiring a fractional CMO is that it will save your company money on salary and benefits. When you hire an employee full-time, you’re not only responsible for their salary, but also for their benefits (health insurance, dental insurance, etc.). When you hire a fractional CMO, however, you’re only responsible for their hourly rate—which means big savings for your company. 

Benefit #2: Get Access to Senior-Level Marketing Talent 

When you hire a fractional CMO, you’re getting access to senior-level marketing talent—without having to pay the hefty price tag that comes with it. Fractional CMOS are usually experienced professionals who have worked in high-level marketing positions at some of the world’s top companies. As such, they bring a wealth of knowledge and experience to the table that can help take your company’s marketing efforts to the next level.

Benefit #3: Free up Time for Other Priorities 

Hiring a fractional CMO will also free up time for you and your team to focus on other priorities. When you’re not spending time worrying about your marketing efforts, you can focus on other areas of your business that need attention. This will allow you to be more productive overall and make better use of your time.

As you can see, there are many benefits to hiring a fractional CMO. If you’re looking to save money on salary and benefits, get access to senior-level marketing talent, and free up time for other priorities, then hiring a fractional CMO is the way to go. Work with REV Advisers to get started.