One of the great things about an active startup community is that there’s no shortage of events to attend. Even with all the events there’s a gap in the market for CEOs and co-founders of fast growing startups to meet on a monthly basis in a small-to-medium sized group free of service providers. Service providers are a key part of the startup community but when entrepreneurs attend events it’s important to have a strong signal to noise ratio of entrepreneurs to service providers, and small group settings are much better served in an environment of strict non-solicitation.
Here are some ideas for this type of group of entrepreneurs that are committed to sharing ideas and growing their startup as fast and efficiently as possible:
- Meets monthly for two hours over lunch in a private room at a restaurant
- 8 – 15 technology entrepreneurs in a group
- Minimum $1 million in revenue or $3 million in funding raised, growing revenue much more than 10% per year, and at least 10 employees
- Simple round table discussion and format:
45 minutes – what’s had the most impact on your startup in the past 30 days
45 minutes – what’s the top priority for your startup right now
30 minutes – open discussion
Organizations like EO and YPO have an awesome element called forum that’s a monthly group with a much greater level of commitment, isn’t exclusive to fast growing technology startups, and is focused on the complete person (family, personal, and business). The idea with this group is that it’s focused on fast growing startups so that entrepreneurs can minimize mistakes and maximize opportunities through peer-to-peer experience sharing and learning.
What else? What are your thoughts on this startup community idea for a monthly group for fast growing startups? Who’s interested?