FAQs
What is Rent An X-EC
CXO Centre is a Executives-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.
Who is it for?
Our leadership-as-a-subscription service is tailored for:
Startups with less than $10M in ARR.
Startups with a runway of at least 12 months.
Founders who view time as a competitive advantage and don't want to waste any.
Founders who prefer proactive, real-time expert guidance to save time and funding.
Founders who want to stretch every dollar and delay additional capital raises to minimize dilution.
Founders who need to improve valuation metrics so they can raise capital on favorable terms or achieve a quick exit.
How does CXO Centre make it affordable for ALL startups to hire top-tier executives?
According to Glassdor, 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.
CXO Centre 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.
Are you recruiters? A staffing agency?
CXO Centre is neither a recruitment firm nor traditional staffing agency. Instead, we are a Executives-as-a-Subscriptio 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 an X-EC 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 X-ecutives report directly to you and your organization, ensuring you get committed strategic leaders, not temporary consultants.
CXO Centre 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.
How does CXO Centre mitigate the risk of a bad executive hire?
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.
What kind of executives can I hire through CXO Centre?
At Rent C-Suite, we offer the following types of on-demand virtual executives:
Chief Marketing Officer (CMO)
Chief Technology Officer (CTO)
Chief Revenue Officer (CRO)
Chief Operating Officer (COO)
Chief Product Officer (CPO)
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.
What's the difference between CXO Centre vs. consulting firms?
When comparing CXO Centre s on-demand executives to consulting firms, a key distinction lies in their demonstrated success. Our executives, have successfully led critical functions at multiple companies, including large, publicly-traded organizations and startups that have achieved scalability across the globe.
Consulting firms often hire and train young MBAs with limited or no practical experience in operations or leadership. On the other hand, CXO Centre 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.
How is CXO Centre's subscription prices structured?
CXO Centre 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.
How long are the sesions?
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.
You can always buy more sessions.
How do we get started?
1) Subscribe to CXO Centre rent an X-ec
Subscribe to 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!
How is CXO Centre connected to its previous associations?
CXO Centre is built on the extensive experience of its core team and founders, many of whom were key contributors to the success of a renowned company with a 30-year history. This foundation enables us to offer unmatched expertise, honed through decades of diverse, multi-industrial, and regional experiences. Our team’s track record spans multiple locations and project scales, from small and medium-sized enterprises to transformative initiatives with global brands and government agencies.
What truly sets CXO Centre apart is our ability to translate this legacy into actionable strategies that address today’s challenges. We have heavily invested in AI and machine learning technologies to elevate our position as industry leaders. Our dedicated team of analysts, researchers, and evaluators harnesses the power of AI to analyze, research, and evaluate projects with precision. By leveraging advanced technologies, we ensure that clients and executives are strategically matched, fostering long-term success and alignment.
Moreover, we are building a cutting-edge proprietary tool—a comprehensive business operations package designed specifically for startups. This tool will enable startups to optimize their operations, maximize their market positions, and streamline their growth journeys. By combining best industry practices with innovative technology, CXO Centre empowers businesses to thrive in today’s fast-paced and competitive environment.
By partnering with CXO Centre, clients gain access to an unparalleled blend of legacy-driven expertise, cutting-edge innovation, and a forward-thinking vision. Together, we’re redefining what it means to lead and succeed in the modern business landscape.