THE EXECUTIVE LOUNGE CHARTER
PURPOSE
To build a strong cohesive team of like-minded business owners who co-operatively liaise together in a spirit of harmony and collaboration to help support grow and improve our individual businesses.
CORE OUTCOMES
- Support in general in terms of business feedback, support, and advice.
- Confidentiality (sounding board including implementing ‘cone of silence’).
- Referrals to ideal clients.
- Introductions to people who can get us front of our ideal clients.
- Networking to increase list of contacts (individual or group).
- Social events we may jointly attend together to have fun and meet potential new business colleagues of interest to each other and the group.
GEOGRAPHIC LOCATION
Greater Brisbane area from Sunshine Coast, Brisbane, and Gold Coast.
NEW MEMBER CRITERIA
New members will need to be either principles of senior managers in companies with 10 or more employees. The reasons for this qualifying criteria are.
Principles or senior managers are generally key decision makers.
Most members of the EL work with companies of this size or larger and are looking to connect with more of the same.
Companies of this this size have similar and often more complex problems that can be discussed and solved together.
As part of the above criteria, we are excluding micro businesses, sole entrepreneurs, and individual consultants.
AN IDEAL EXECUTIVE LOUNGE MEMBER WILL BE OR HAVE
- Well establish business contacts that they are prepared to share with and/or introduce to others.
- Somewhat outgoing, gregarious nature and are easy to get along with.
- Less ego and more humility.
- Is feely prepared to support and provide advice from members when sought providing that advice is of a more general nature and not detailed specific advice that would normally be charged for. A test of reasonableness is required here.
- Is prepared to attend other suitable network events with other EL members from time to time.
FROM AN ORGANISATIONAL PERSPECTIVE MEMBERS MAY BE DRAWN FROM
PRIVATELY OWNED BUSINESSES
FAMILY OWNED
NOT FOR PROFIT
SMALLER PRIVATE COMPANIES
HOW AND WHEN WE MEET IN PERSON AND/OR CONNECT IN OTHER WAYS
- Quarterly face to face meetings of 3 hrs duration.
- Monthly one on one’s, although digital meetings are acceptable.
- Other agreed meetings to help and support where advice is needed and can be provided.
- Suitable networking functions that we agree to attend in person.
- Via the WhatsApp app where general feedback or advice may be sought.
KEY EXPECTATIONS OF MEMBERS
- Communicate via WhatsApp using common sense protocols.
- Attend quarterly face to face meetings.
- Meet up with one member per month to get to know each other better.
- Reporting requirements. There are none as such. Self-managed accountability is the expectation.
MEMBERSHIP COST
This is not a profit seeking venture and as such there are no membership fees although we may introduce a small administration fee to cover agreed fees and out of pocket costs. As a guide we are anticipating this is unlikely to exceed $100 per month.
THE KEY CHARTER MEMBERS AND POINTS OF CONTACT ARE
CATEGORY OF MEMBER AND MAXIMUM SIZE OF GROUP
- We have decided to be limit obvious duplication of category members. In other words, if we have an Accountant, there will only be one.
- At this stage numbers will be limited to 12 active members. If members become ‘inactive’, their position may be opened to a new member to join.
- Preferred categories are those drawn from within professional services but should not be limited to that and will be assessed on a case-by-case basis. Essentially, we want good people.
