One of the most important accelerants for my entrepreneurial career was my Entrepreneurs’ Organization forum. Forum, in the EO and YPO parlance, is a small group of 8-10 entrepreneurs/CEOs that meet on a monthly basis and share all aspects of their business and life in a private and confidential setting. As an entrepreneur, there are so many topics that are difficult or inappropriate to talk about with friends and colleagues, yet it’s critical to get feedback, or at least get something off your chest.
Here are a few benefits of joining an entrepreneur roundtable:
- Having a set day/time each month provides peace of mind to address any new issues that arise
- Even with a board or advisors, peer groups act as another outlet for difficult topics
- Many lessons are learned listening to opportunities and challenges other entrepreneurs face
- Beyond just business, there’s a real personal and family benefit being a part of a tight group (many chapters have spousal forums as well)
Entrepreneur roundtables are an invaluable resource for entrepreneurs of all types. Seek one out and you won’t be disappointed.
What else? What are some more thoughts on entrepreneur roundtables?