An operating partner is a key resource who works hand-in-hand with startup founders to drive growth and increase value. Unlike a Fractional CxO, who typically specializes in a specific area of the business, an operating partner takes a more holistic approach and offers guidance that seamlessly integrates processes and priorities across the spectrum of operational, legal, financial, and marketing aspects.
While operating partners have historically been a benefit that comes with receiving capital from VC or PE firms, ambitious founders are now leveraging operating partner services to bolster their businesses without being forced to give away equity.
Sure, you could hire a consultant, but the operating partner model is better.