This weekend I was talking to an entrepreneur about his startup and sharing war stories. Towards the end of the conversation I asked him if he’d thought of joining an organization like Entrepreneurs’ Organization (EO) or Young Presidents’ Organization (YPO). He said he knew of both but didn’t know many details or requirements.
Here’s how I described each organization:
- For co-founder and owners that are actively managing the company and own at least 20% of the equity
- All entrepreneurs and business owners
- Multiple people from the same company are allowed in
- At least $1 million in revenue
- No employee minimum
- Frequent monthly events, workshops, and socials
- ~8,000 members worldwide
Young Presidents’ Organization
- For presidents, CEO, managing directors, etc that’s actively running the company but doesn’t need to own any equity
- 1/3 later generation family business, 1/3 hired president, 1/3 entrepreneur
- No more than one person from the same company allowed in YPO
- At least $11.5 million in revenue
- At least 50 full-time employees
- Three large events per year
- ~17,000 members worldwide
Previously I mentioned the power of peer groups in startups and can’t recommend joining one enough. These organizations are truly life changing.
What else? What’s your experience with EO or YPO?