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12 min read

Why Peer Mentorship Groups Are Worth Your Time

Editor's note: This episode originally aired in 2022 under the company name Empower Leadership, now Built For More. Some references in this transcript reflect the company's former name. [Music] [Music] [Music] i've been feeling like a shark in a i've been feeling like a shark in a shrimp tank big shrimp tank big fish everybody welcome to the post show fish everybody welcome to the post show wrap-up of the shrimp tank i'm your wrap-up of the shrimp tank i'm your co-host ted jenkin with my co-host today co-host ted jenkin with my co-host today stepping in greg abel he's the ceo of stepping in greg abel he's the ceo of taofin a great company of course we have taofin a great company of course we have aviva walmer we talked to her today all aviva walmer we talked to her today all about leadership she's a vistage chair about leadership she's a vistage chair several groups that is in the ceo of several groups that is in the ceo of empower leadership somebody that you empower leadership somebody that you might want to have and your team might want to have and your team down the road i also will tell you if down the road i also will tell you if you're watching this video you need to you're watching this video you need to make sure you check out all of the sum make sure you check out all of the sum 1000 videos that we have here on the 1000 videos that we have here on the shrimp tank youtube channel more than 3 shrimp tank youtube channel more than 3 500 people subscribe to the channel how 500 people subscribe to the channel how do you subscribe just click the do you subscribe just click the subscribe button then you've got to subscribe button then you've got to click the bell for notifications that'll click the bell for notifications that'll get all these videos into your inbox and get all these videos into your inbox and if you want to listen to all the if you want to listen to all the broadcasts that we've done 350 here in broadcasts that we've done 350 here in atlanta a thousand or more interviews atlanta a thousand or more interviews across the country in all kinds of across the country in all kinds of cities simply go to cities simply go to shrimptankpodcast.com that's where shrimptankpodcast.com that's where you're going to get all the great you're going to get all the great information download us at apple podcast information download us at apple podcast google play stitcher soundcloud i heart google play stitcher soundcloud i heart radio spotify or anywhere that you can radio spotify or anywhere that you can find us on the internet find us on the internet so so today we talked a lot aviva about um today we talked a lot aviva about um vistage and and peer groups in general vistage and and peer groups in general and i think that um you know and i think that um you know ted brought this up ted brought this up there's a lot of people who know about there's a lot of people who know about them but know don't know a lot about them but know don't know a lot about them that's right so i think what would them that's right so i think what would be interesting is if you can kind of be interesting is if you can kind of give us the the elevator speech on on give us the the elevator speech on on what is vistage and and really what does what is vistage and and really what does it do who's in what's it uh what value it do who's in what's it uh what value does it bring to the members that are does it bring to the members that are part of it yeah so i mean the real part of it yeah so i mean the real simple answer is vistage is a place for simple answer is vistage is a place for ceos to get together once a month in a ceos to get together once a month in a more formal atmosphere to talk about the more formal atmosphere to talk about the big opportunities facing their big opportunities facing their businesses the issues and challenges businesses the issues and challenges they're having and to get real feedback they're having and to get real feedback it is a day to work on your business and it is a day to work on your business and not be in your business in the not be in your business in the day-to-day of it day-to-day of it they also have groups for key executives they also have groups for key executives emerging leaders emerging leaders and mid-level managers as well and mid-level managers as well personally i have two ceo groups and one personally i have two ceo groups and one for key executives for key executives well you know we talked a lot in this well you know we talked a lot in this show about a number of things one of the show about a number of things one of the things we opened up with is this whole things we opened up with is this whole notion right now that inflation is notion right now that inflation is skyrocketing but a lot of owners that skyrocketing but a lot of owners that are watching this may be concerned about are watching this may be concerned about the r word recession and if that happens the r word recession and if that happens and what should an owner who's watching and what should an owner who's watching this what's one or two things they might this what's one or two things they might want to consider with a potential want to consider with a potential recession coming so they can make sure recession coming so they can make sure their business not only survives but it their business not only survives but it thrives going forward thrives going forward yeah so two core things that i would yeah so two core things that i would suggest one is a peer group lean into suggest one is a peer group lean into others experiences the reality is you others experiences the reality is you only have the experience you have even only have the experience you have even if you are a serial entrepreneur you've if you are a serial entrepreneur you've built 20 businesses you only have that built 20 businesses you only have that so from learning from your peers you can so from learning from your peers you can see what they've done what ideas they see what they've done what ideas they have had that maybe you haven't come have had that maybe you haven't come across yet across yet the other is scenario plan whether you the other is scenario plan whether you do it by yourself or you do it with a do it by yourself or you do it with a group start asking what if questions group start asking what if questions what if this happens what if that what if this happens what if that happens and build plans around it the happens and build plans around it the more you can do this the more prepared more you can do this the more prepared you're going to be for any scenario that you're going to be for any scenario that comes comes so so i think we've we've captured the idea i think we've we've captured the idea that there's a lot of power within this that there's a lot of power within this group but group but not everyone's in so what's if there's not everyone's in so what's if there's people that have sort of that resistance people that have sort of that resistance what's the one thing holding somebody what's the one thing holding somebody back from joining a peer group and how back from joining a peer group and how can you kind of talk them through how can you kind of talk them through how can they break through that resistance can they break through that resistance uh yeah so the biggest reason anyone uh yeah so the biggest reason anyone doesn't join a group who is bought into doesn't join a group who is bought into the concept and really sees the the concept and really sees the positives is time um that is the hardest positives is time um that is the hardest thing for any ceo to give up and i know thing for any ceo to give up and i know it because i was one and it is very it because i was one and it is very challenging challenging what i tell people um and what my what i tell people um and what my members realize they would say i wish members realize they would say i wish i'd done it earlier is that there's i'd done it earlier is that there's probably a 300 probably a 300 roi on your time once you get in and roi on your time once you get in and have been in for a few months because have been in for a few months because you've just shortcut the process you've just shortcut the process if you listen to the full episode you're if you listen to the full episode you're going to hear me talking about just ways going to hear me talking about just ways to stop reinventing the wheel and how to stop reinventing the wheel and how peer groups really help that peer groups really help that you can shortcut things so much by you can shortcut things so much by joining a peer group that you would joining a peer group that you would spend a lot of time on your own doing um spend a lot of time on your own doing um but it does seem like a lot of time up but it does seem like a lot of time up front until you realize the results front until you realize the results who's the ceo that you most admire here who's the ceo that you most admire here in atlanta do you have one person you're in atlanta do you have one person you're like wow i met them they're an amazing like wow i met them they're an amazing person they've done great here oh that's person they've done great here oh that's really hard on the spot really hard on the spot i think it's your favorite child ted i think it's your favorite child ted anybody in that business group so people anybody in that business group so people that are watching this video if they that are watching this video if they want to join vistage it could be your want to join vistage it could be your group or another one or they want to group or another one or they want to hire you and empower leadership how can hire you and empower leadership how can people get your information and learn people get your information and learn more about using you to help them grow more about using you to help them grow their business so my linkedin's great it their business so my linkedin's great it has everything you're going to possibly has everything you're going to possibly want as far as learning about me ways to want as far as learning about me ways to get in touch with me on it get in touch with me on it you can also email me at a wilmer you can also email me at a wilmer empower leadership dot net empower leadership dot net those probably the two best ways and those probably the two best ways and find some time to chat find some time to chat reach out direct well thanks greg for reach out direct well thanks greg for stepping in today he's the ceo of stepping in today he's the ceo of tailfin anything marketing branding tailfin anything marketing branding related you have to check out his firm related you have to check out his firm if you need leadership this is where you if you need leadership this is where you talk to aviva and maybe she can help you talk to aviva and maybe she can help you grow your company and by the way if grow your company and by the way if you're surfing on this youtube channel you're surfing on this youtube channel and watching this post show wrap-up and watching this post show wrap-up video i recommend that you check out all video i recommend that you check out all of our videos but maybe you want to of our videos but maybe you want to watch one from jeff perkins who's the watch one from jeff perkins who's the ceo of parkmobile he's grown to 30 ceo of parkmobile he's grown to 30 million plus users on that platform or million plus users on that platform or maybe you want to see somebody who maybe you want to see somebody who poured foundations in basements like tom poured foundations in basements like tom digregorio he grew an eight-figure digregorio he grew an eight-figure business just from pouring foundations business just from pouring foundations it's really amazing stuff because it's really amazing stuff because whether you have a blue collar business whether you have a blue collar business or you have a white-collar business if or you have a white-collar business if you set up the business right you get you set up the business right you get the right people around you you get the the right people around you you get the right business plan in place you too can right business plan in place you too can have a very successful business and have a very successful business and that's your post-show wrap-up of the that's your post-show wrap-up of the shrimp shrimp [Music] [Music] tank fish