Thursday, January 10, 2008

Top Executives don't have to have all the answers

Many small and medium sized business owners feel the constant pressure of having to know it all. The phrase "it's lonely at the top" can not really be understood by those have not been there and felt what its like.

The good news is that business owners throughout the US have discovered the power of building an external team of like minded, successful executives who care about each other.

These groups were called "Mastermind Groups" by Napoleon Hill in his landmark book "Think and Grow Rich". More recently they are known as forum groups, advisory boards or peer groups.

Business owners and top executives have found the proven power that can come from regularly meetings with other top executives who become over time invested in each other's success. The advice and feedback that comes from these groups becomes more valuable as the group bonds over time. The benefit of having a group of peers who will tell you when your wrong, help your firm avoid mistakes and share real world knowledge can be the missing element a business owner needs to take the business to the next level.

These groups are ideal for forward-looking executives who are searching for new ideas and feel their current management may not be able to provide the insight needed to keep the business moving in a positive direction.

A great resource for more information about how business owners can be helped by an advisory board can be found at

Feel free to contact me for more information on how you can improve your business through this time proven method.

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