I got a couple of questions on how to start your own CEO group so including the format below.
A couple of years ago, I met the CEO of a public company. We shared some ideas and he mentioned that he meets with a CEO group regularly. For him, it was an opportunity for them to network and help each other out w/ whatever challenges they have, etc.
I decided to create my own CEO group with the following ideas:
6 total CEOs (I didn’t want it to be too big)
CEOs within similar stage (e.g. growth who have recently raised a Series B with 50+ employees) but across different industries
Group had to mesh well as we needed to be transparent with each other, vent, and get feedback.
Everything we discuss in these meetings will be confidential
Every meeting is moderated by a different CEO. The role of the Moderator is to 1) organize the location and 2) facilitate conversation to not get derailed.
3 Hour-Meeting (one-Hour for Group Discussion followed by 20-minutes for each CEO to discuss personal challenge)
The group discussion were usually topics that were applicable to everyone (e.g. fundraising, building a management team, leadership, etc) while the personal challenges were applicable to your startup (e.g. strategy, sales, etc)
Goal: For each CEO to get a different perspective on how to solve different problems / company challenges
4 x Year (every 3 months)
Dates / Times blocked for the year (similar to Board Meetings)
It was one of the most important meetings that I attended throughout the year. It was great to hear that other CEOs were facing similar challenges. We met outside of the designated meetings and these are other founders and entrepreneurs that I can count on for a lifetime.