Each group of 8-10 entrepreneurs is selected to be at a comparable stage in their business and leadership development and diverse in their experience, vision and markets (non-competitive). The cornerstone of the program is a monthly working meeting facilitated by a coach, typically segmented into three parts:
- Accountability: Reviewing company statuses, milestones, and goals and accountabilities for the next session.
- Education: Learning and discussion on a pre-determined topic, often with a guest speaker or mentor;
- Mastermind: Structured discussion on a few challenges facing some of the companies;
Sometimes exploration is worth it. Sometimes you just spent a week of the team’s attention answering a question the founder could have tested in an afternoon. That is the part I think leaders underestimate. Ideas do not only cost money. They cost time, focus, and brainpower long before anyone approves a budget. The question I’d want answered is: how much of the organization does this idea deserve yet?