Since 1957, Vistage has been bringing together successful CEOs, executives and business owners into private peer advisory groups guided by expert executive coaches. This assembly of peers & expert leaders makes up Vistage Worldwide, an executive coaching organization.
Vistage Chairs are a distinguished group of business leaders who come from a wide range of industries. Some have owned businesses, many have been CEOs of domestic and international companies, and all are united by a desire to share their insight and expertise to educate other business leaders in their communities through executive business coaching.
Assuming a fit, you will meet quarterly with other CEOs from other non-competitive industry sectors and together, under confidentiality agreements, take apart each partner’s financials and fine-tune the strategies for each capital access option. This process predictably provides insights, contacts, strategies and relationships otherwise not available between the participating partners. We document the pros and cons of each option, alternative options and costs; and together formulate strategies that are reported and reviewed within this partner community each quarter.
The benefits, apart from the natural collegial relationships that evolve, include a heightened sense and appreciation of what others are doing; opportunities within your company that otherwise were overlooked or misunderstood; and finally, a next level of beneficial exchange with your bank. We all need money to run our businesses, and a finite plan of options with quarterly reviews moves the process from a hazy theory to a fulfilling and rewarding realization.