IT’S LONELY AT THE TOP

 

It’s no secret; it can be very lonely at the top.

Family members or your team may not be your best option when faced with particular challenges. These are insurmountable challenges that drive leaders to join peer advisory groups (mastermind and peer roundtables).

These groups typically meet monthly and include CEOs, C-Suite, General Manager, Manager, and developing leaders from non-competing organizations. Strict protocols addressing communication and confidentiality are followed. These critical protocols create some level of trust and privacy when sharing professional and personal challenges. (Read Roundtable FAQs)

Ther are international organizations with thousands of members and a few that are smaller in scale. Many feel like a networking group, while others encourage a “no-selling” environment. Most of these organizations have a minimum membership requirement for annual revenue and the number of employees.

We’ve decided to provide a brief comparison of well-known organizations. Other organizations have annual fees that range from $25,000 – $100,000 or more.

Entrepreneurs’ Organization (EO)

About (From their website)
“Entrepreneurs’ Organization is a high-quality support network of 14,000+ like-minded leaders across 61 countries. We help entrepreneurs achieve their full potential through the power of life-enhancing connections, shared experiences, and collaborative learning.”

Membership Criteria 
Business earnings of a minimum of $1 million in revenue during the most recent fiscal year. Venture-backed companies must have either privately-raised funds of at least $2 million or publicly-raised funds of $5 million and a minimum of 10 employees.

Cost (2020)(US$)
Global dues are currently $2,470 (plus a one-time $2,500 initiation fee). Chapter dues and event registration fees can add several thousand to this amount. Source: https://www.eonetwork.org/why-join/apply-for-membership

Vistage

About (From their website)
“Vistage is the world’s most considerable CEO coaching and peer advisory organization for small and midsize business leaders. We offer the most effective approach to achieve better results, grow your company faster and maximize your impact as a leader. ”

Membership Criteria 
For CEOs of businesses with $5+ million annual sales revenue. In some areas, Vistage offers groups for other executives.

Cost (2020) (US$)
$16,900 or more annually (may not include charges of annual in-person gatherings)

VA Council of CEOs (VACEOs)

About (From their website)
The Council was founded in 2000 by a small group of CEOs seeking to connect and learn from their peers. The goal was to find a forum to comfortably test new ideas, learn from other CEOs, and think differently about their businesses. The Council has more than 200 members who participate in monthly roundtable discussions, learning and social events, and an annual retreat.”

Membership Criteria (US$)
The Council is for CEOs of organizations with at least $1 million in annual revenue and five or more employees (FTE). The average member leads a company with $7 million in revenue and 35 employees.

Cost (2020) (US$)
There is a $900 Joining Fee once acceptance is approved. Prorated dues are then invoiced once the new member is seated in a Roundtable or Forum. Annual Dues: Roundtable-$3,060; Forum-$5,460.

G100

About (From their website)
“G100 enables members to counsel and interact with fellow chief executive officers and other c-suite executives, board directors, and business thought leaders through private, candid, and informed discussion, in both a digital and in-person format. We are not a lobbying organization or industry trade group, and we do not seek consensus on issues.”
Membership Criteria (US$)
Not listed on the G100 website.

Cost (2020) (US$)
The annual cost to participate with G100 groups is $25,000 or more.

2020-CEN-Guide-to-CEO-Peer-Networks

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