In today's episode, Mike Malloy, Founder and CEO of Malloy Industries, discusses the growing trend of fractional executives and how they help businesses grow, especially in B2B SaaS technology companies. Mike explains why having part-time experts can be more effective than full-time hires for many companies. He also gives practical tips on how CEOs can focus on big-picture growth while letting seasoned professionals handle daily operations.

Key Takeaways:

(01:20) The rise of fractional executives.

(03:08) The role of emotional and psychological aspects in effective client engagement.

(12:48) CEOs focus on strategic growth by delegating tasks.

(16:05) The importance of building a supportive network.

(25:55) Learning from past business experiences.

(27:52) Managing cash flow for business sustainability.

(34:00) Setting clear goals and metrics for success.

(35:39) Prioritize creative work before reactive tasks.

Resources Mentioned:

Mike Malloy - https://www.linkedin.com/in/mwmalloy/

Malloy Industries - https://www.linkedin.com/company/malloy-industries/

Investopedia - https://www.investopedia.com

Daily Dad - https://www.dailydad.com

CliftonStrengths assessment - https://www.gallup.com/cliftonstrengths/en/home.aspx

Finance cheat sheet - https://malloyindustries.com/resources/finance-cheat-sheet/

Automate unlimited copy-and-paste - https://malloyindustries.com/resources/automate-unlimited-copy-and-paste/

If cash is king then sales is queen - https://malloyindustries.com/resources/if-cash-is-king-then-sales-is-queen-2-0/

Optimizing your schedule - https://malloyindustries.com/resources/optimizing-your-schedule-practical-strategies-for-makers-and-managers/

Podcast links - https://malloyindustries.com/pod

Mike Malloy email address - mike@malloyindustries.com

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