Guide to RUNNING A Group
Best Practices to Leading & Running Your Own FounderGroup
GUIDE TO RUNNING A FOUNDER GROUP
Every FounderGroup is completely self-run, with their own schedules and agenda. Below is our simple guide to running effective FounderGroup meetings. Our 10 core best-practices to getting the most out of your FounderGroup. Share it with your group members to keep your group on track.
All FounderGroups are founder-led. It’s totally up to you to organize, schedule, and run your group. Fortunately, we’re all a bunch of self-starters...so leading meetings is second nature to all of us. We recommend your group members take turns facilitating your group meetings.
LESS IS MORE
We highly recommend keeping groups to 3 – 7 members. Too many...and you just won’t have enough time for everyone to share and talk at your scheduled meetings. Too few...and you won’t get enough of the positive effects of networking, forced accountability, and knowledge sharing.
PASS THE MIC
Everyone will want their chance to share, vent, and ask for advice. Schedule ample time for all your group members to speak. We recommend 30 minutes per person, so a monthly meeting might be 3 hours for a group of 6. Assign a facilitator to make sure members pass the mic after their allotted time.
Your mastermind group should meet in-person consistently, to develop trust and transparency. We've seen effective groups meet weekly or monthly. Schedule a consistent place, time, and duration to meet to help form a good group habit. We recommend blocking out 30 minutes per member, so a 6 member group would be a monthly 3-hour session.
When group members don’t show up to your scheduled meetings, the efficacy of your group will suffer. We strongly recommend implementing a 3-strikes rule. When a group member misses 3 sessions in a year, they’re out of the group. It’s a harsh guideline, but it’ll make your group stronger.
HAVE AN AGENDA
Effective groups have a flexible, but defined agenda. A common meeting format is every member gives a brief status update, shares a current challenge they want input for, makes an ask or request, and announces a goal to be held accountable to.
If your group does have an agenda where requests and goals are shared, it’s useful when the facilitator takes notes and emails a recap back to the group. This is also where you’d log any absences in case you need to enforce the 3 strikes rule.
NO PHONE ZONE
We’re all busy, so show other founders their due respect by putting down the technology during meetings and give your group your full attention. Stay engaged in your group meetings, and don’t let your phones and work steal away your attention. We recommend implementing a no phones policy during your group meetings.
As your group gets more intimate and transparent, trust is built by this cardinal rule: keep all conversations within your group strictly confidential. As founders, we need to know the information we’re sharing stays within your group’s circle of trust. Mum’s the word folks.
Don’t just limit your meetings to your typical consistently held sessions. Add in some social sessions to bond on a personal level. We’ve seen some highly effective groups institute a mandatory annual retreat for their group. Create environments where you can have fun, let your guards down, and connect deeper.
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