Question 1

What is Rent C-Suite

Accepted Answer

Rent C-Suite is a leadership-as-a-subscription™ service. We provide on-demand access to virtual executives for startups with less than $10M in revenue and when a full-time person is not necessary or affordable. If your startup growth is hindered due to gaps in specialized leadership and founders' bandwidth, our leaders will step in to get things done.

Question 2

Who is this for?

Accepted Answer

Our leadership-as-a-subscription service is tailored for:
1. Startups with less than $10M in ARR.
2. Startups with a runway of at least 12 months.
3. Founders who view time as a competitive advantage and don't want to waste any.
4. Founders who prefer proactive, real-time expert guidance to save time and funding.
5. Founders who want to stretch every dollar and delay additional capital raises to minimize dilution.
6. Founders who need to improve valuation metrics so they can raise capital on favorable terms or achieve a quick exit.

Question 3

How does Rent C-Suite make it affordable for ALL startups to hire top-tier executives?

Accepted Answer

According to Glassdor,(https://www.glassdoor.com/Salaries/chief-marketing-officer-salary-SRCH_KO0,23.htm?clickSource=careerNav) the average salary for a single full-time executive exceeds $190k annually. In addition to the salary, executives also receive annual bonuses ranging from $100k to $150k and benefits. The employer is responsible for paying FICA employer taxes and may offer equity in the company, typically ranging from 1% to 5%.

This can result in a total cost exceeding $300k per year for just one executive. However, for startups to scale effectively, they require a team of executives including a CEO, CTO, CMO, COO, CRO, CFO, and CPO. Most startups with less than $10M in revenue find it challenging to allocate $1.8M+ in payroll solely for the executive team. Additionally, they need to build a team of regular employees.

Rent C-Suite offers a cost-effective solution for early-stage startups, allowing them to access experienced executives and strategic guidance for as low as $30,000 a year ($2,500 per month). This approach helps startups avoid the risks associated with not having experienced leadership team, such as costly mistakes, missed opportunities, and slower growth. By tapping into top executive talent on demand, startups can mitigate these risks and benefit from informed decision-making, effective problem-solving, and efficient resource allocation, ultimately enabling them to breeze past $10M in ARR faster.

Now, your startup can get the expertise you need vs. what you can afford.

Question 4

How does Rent C-Suite mitigate the risk of a bad executive hire?

Accepted Answer

Traditional executive recruiting is insanely risky & expensive for startups. The cost of bad executive hire goes beyond their salary; it's also how much time you lose.

The cost of a bad executive hire ranges from 5 to 15 times their salary and a minimum of 1 year time wasted. In startup land, that's a tremendous amount of valuable time!
 
You risk:
 • Missing sales goals & product launches
 • Getting a low valuation & suboptimal funding terms
 • Poor brand perception announcing the newly hired executive
 • Granting equity to an unproductive executive
 • Poor team moral and increased team turnover
 • Competitors catching up
 • And much, much more...

Mitigate risk by using on-demand talent. If your executive is not a perfect fit, request a new one.

However, if you're head over heels in love with the results and want to hire your executive full-time, we won't stand in the way! In recognition of the top talent we'll be losing, and the value we brought, a modest buyout fee of 15% of the first-year salary applies.

Question 5

What kind of executives can I hire through Rent C-Suite?

Accepted Answer

At Rent C-Suite, we offer the following types of on-demand virtual executives:

1. Chief Marketing Officer (CMO)
2. Chief Technology Officer (CTO)
3. Chief Revenue Officer (CRO)
4. Chief Operating Officer (COO)
5. Chief Product Officer (CPO)
6. Chief Finance Officer (CFO)

Each plan includes one executive. You can subscribe to have an executive for one or multiple departments. Choose the plan that best suits your needs, and on the next page, you'll be able to select the number of executives you require. Our flexible plans allow you to scale up or down anytime, so you always have the right expertise to support your growth.

Question 6

What's the difference between Rent C-Suite vs. consulting firms?

Accepted Answer

When comparing Rent C-Suite's on-demand executives to consulting firms, a key distinction lies in their demonstrated success. Rent C-Suite executives, all of whom are US-based, have successfully led critical functions at multiple companies, including large, publicly-traded organizations and startups that have achieved scalability.

Consulting firms often hire and train young MBAs with limited or no practical experience in operations or leadership. On the other hand, Rent C-Suite offers experienced executives who bring a wealth of knowledge and expertise.

While your startup may not require a full-time executive for each department, you may still need the expertise and insights of proven executives to lead, mentor, or support your existing team and help them perform at their best.

In today's fast-paced landscape of innovation and scalability, on-demand access to expert talent becomes a competitive differentiator.

Question 7

Are you recruiters? A staffing agency?

Accepted Answer

Rent C-Suite is neither a recruitment firm nor traditional staffing agency. Instead, we are a Leadership-as-a-Subscription™ service, providing on-demand access to top-tier executives for startups with less than $10M in revenue.
We believe ALL startups should have access to top-tier executives, not just venture-backed startups, and we created Rent C-Suite for founders who want to:
 • Surpass $10M in revenue — sooner!
 • Improve valuation metrics
 • Raise capital on favorable terms
 • Have quick exit with high multiples

Our virtual executives bring substantial "been there, done that" experience. They assist founders and CEOs in managing staff and vendors, help save the company money, avoid expensive learning curves, deliver results faster, and surpass  $10M in ARR - sooner!

Your Rent C-Suite executives report directly to you and your organization, ensuring you get committed strategic leaders, not temporary consultants.

Rent C-Suite handles everything startups need to find, pay, and schedule meetings with their executive teams. We handle talent sourcing, contract execution, and payments.

If your startup growth is hindered due to gaps in leadership and founders' bandwidth, our leaders will step in to get things done.

Question 8

How is Rent C-Suite subscription prices stractured?

Accepted Answer

Rent C-Suite offers a fair and transparent pricing model that prioritizes attracting experienced talent. Executives keep the majority of the revenue, receiving 70% of the subscription price. We retain a modest 30% to cover platform costs and provide our services. Executives also have the option to donate up to 100% of their earnings to a charity of their choice.

Question 9

How long are the sesions?

Accepted Answer

All sessions are 1 hour long. Our plans are designed to be flexible, allowing you to mix and match the types of sessions you need. If your startup is experiencing rapid growth and you require more time with your executive to address the increasing demands, you can easily purchase additional sessions by visiting link below. If you consistently need more sessions every month, we recommend upgrading to a higher plan, which could save you 5%-10% per session.

Buy more sessions:
https://buy.stripe.com/fZe3fd6YP8T24k88wD

Question 10

How do we get started?

Accepted Answer

1) Subscribe to Rent C-Suite
Subscribe t(https://www.rentcsuite.com/pricing)o hire an executive for one or multiple departments. Adjust as needed.

2) Start executive request
Share your startup goals and the problems you need to solve.

3) Get matched with vetted executive(s)
We vet executives based on their experience and their track record with businesses of your stage/size.

4) We pre-vet executives
We'll present you with the most qualified executive candidates.

5) Interview & hire
You will conduct the final interview to ensure the executive is the best fit for your startup.

6) Get to $10M ARR milestone faster
Introduce your new executive(s) to your team and their direct reports. Start scheduling virtual meetings, tackling the toughest problems, improving valuation metrics, and reaching new growth milestones faster!

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