Why 50% of Startup Executive Hires Fail (and How to Fix It)
Manage episode 525643087 series 3601303
Over half of startup executive hires fail in the first 18 months and many in the first 30 days.
Executive hiring is a high-stakes gamble. One bad fit doesn't just cost money; it can derail your entire momentum and kill team morale. Yet, most companies are still playing a game of mutual selling that incentivizes flaunting and filtering over honesty and results.
Meghan Oliver decided to stop playing that game.
After stepping off the corporate hamster wheel to build her own business, she found a way to bypass the interview dance entirely. She joined a Series A healthcare company as a fractional product leader. No elongated interview process, just real problems to solve on day one.
What started as a 90-day experiment ended with Meghan rewriting the company’s product and operations playbook and stepping in as full-time COO.
In this episode, Meghan reveals her framework for how to wildly reduce the risk of a mis-hire and either close your next great executive or land your next great gig.
Chapter Markers:
00:00 — Why traditional executive hiring often fails
01:00 — Meghan’s path: burnout, sabbatical, and discovering fractional
03:20 — Starting fractional at RightMove Health as CPO
04:20 — Finding clarity in context, not just function
07:20 — What makes a fractional executive role actually work
10:50 — Evolving from fractional CPO to full-time COO
13:20 — Why combining product and ops cuts coordination tax
15:00 — The power of a 90-day “try before you buy”
15:40 — Navigating health insurance and benefits as fractional
18:40 — How the role shift felt seamless for the team
20:40 — Building conviction and quieting self-doubt
22:40 — Advice for CEOs and executives on fractional hires
26:20 — What’s happening at RightMove Health (and open roles)
Follow Meghan Oliver: https://www.linkedin.com/in/meghan-oliver/
Shoutouts
RightMove Health: https://rightmovehealth.com
Follow Keith Cowing on LinkedIn: https://linkedin.com/in/keithcowing
Join the Executives Unplugged Inner Circle: https://execs.tv
Subscribe to the show
YouTube: https://www.youtube.com/@execsunplugged Spotify: https://open.spotify.com/show/1Bw7KhjlUzFjMoFhdfNAKN Apple Podcasts: https://podcasts.apple.com/us/podcast/executives-unplugged/id1769131263
16 episodes