Presidents’ Leadership Council Fills an Important Need for SMB Leaders

Many small business owners and leaders feel they have to do everything on their own. However, surrounding yourself with other entrepreneurs can provide significant benefits. Even if you usually work alone, organizations like the President’s Leadership Council may help.

The founder of the organization saw a hiatus in the market years ago. So I have been involved in providing important insights for small businesses. Read the full story below on this week’s Small Business Spotlight.

What does work do

Manages a peer advisory group for small business leaders.

Founder Laurie Dunn told Small Business Trends, “Running a small business can be lonely and lonely. Plus, most small business leaders are great at core businesses. But a lot of other activities go into running a business. We’re an organic organization – every member participates. In a small group of up to 10 peers in non-competing industries who come together monthly in a confidential environment to work through challenges and opportunities together. We also bring monthly speakers to address issues related to small business. ”

Business standing

Create an affordable, professionally managed organization.

Dann explains, “Our competitors are groups like YPO, EO and Vistage. PLC works with companies that either don’t qualify for these groups or don’t want this kind of monetary commitment. We are a no frills organization, roll up your sleeves.”

How the work started

After seeing a missed opportunity.

“I was part of a company in the 1980s and 1990s that participated in YPO. It was a wonderful and enriching opportunity. Years later, while selling employee benefit programs to small businesses, I realized that they needed something like YPO more than anyone else,” Dan says.

The biggest win

Helping small businesses.

Dan explains, “This job is here to provide an important service, help small businesses achieve greater success and possibly create some jobs. It is a win for us every time a member feels as though they have acquired an important idea or information.”

the biggest challenge

The beginning of the epidemic.

“Our revenue comes from annual membership fees. When the pandemic hit, everyone I spoke to said some difference in, ‘I’m going to turn around and do nothing until this thing is over.’ ” It was very worrying, but after 3-4 weeks, people realized They will have to go back to work. “

The biggest risk

Self-financing business.

Dan adds, “This work is exhausting, and I tried my best to achieve it. You could have gone sideways in a number of different ways.”

Lesson learned

Find the right members.

Dann explains, “Early on there were two members who joined and were really looking for a network group. I should have been less concerned about seat backs and more about recruiting the right people.”

Favorite Quote

“Fall down seven times and stand up eight times.” – Japanese proverb.

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Photo: Presidents Leadership Council, Lori Dunn

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