Here’s the second part of the Business Action Group article which sets out the basics for setting up your own group.
Last month we talked about getting together with other soloists to support and grow your business through a Business Action Group (BAG). If you’re thinking “This is for me” then here are the steps to setting up your very own BAG.
People join groups for different reasons. For your Business Action Group to be effective you need to get clear about your own intentions and expectations for meeting, as well as sounding out other members. For example, you don’t want a group where one member’s intention is simply to spend 60 minutes dumping their “woes of the week”.
Next you need to identify the people who you would like to work with. In your BAG mix, you may wish to consider skills, experience, knowledge, resources, gender and ages that will complement each other. Also, do you want people from from within (or outside of) your own profession/industry? Finally, check that your expectations and values are a match and your new BAG will be ready to roll.
Your BAG may happen organically, in that you invite one person who invites another and so on, or you might have your “dream team“ already in mind. The optimal size of a BAG is between four and six people. This gives enough time each meeting for each person to focus on their business while maximising the resources and scope of the group.
Once you’ve identified your group’s purpose and at least one person you’d like to invite then you can organise your first meeting. Here you can find out what everyone wants and create the structure to support this.
Some issues you may wish to give attention to are
From there you can draw on the wisdom and resources of the group to outline how each meeting will proceed and set some guidelines. Meetings usually have the format of:
The role of leader ideally rotates through the members, which enables you to get a chance to develop your group leadership skills in the bargain!
Some basic guidelines of BAGs include:
Whilst all this action talk may make it sound very task-oriented, once you’ve met a few times you’ll find that trust and rapport emerges, discussions become personal and you start to see people beyond their business bravado.
This is when your BAG becomes special. I’ve been blown away by the brilliance of members of my group, or just touched by their courage in the face of adversity, or their vulnerability when trying something new. And yet they do it. And you’re so proud. And you celebrate.
Aren’t they the words everyone wants to hear? When you’re the boss, there often isn’t anyone around to say these words. With a Business Action Group, you’ll not only become more effective and will make decisions that you believe in, you’ll also get the feedback that lets you know you are doing a great job.
Go get ‘em.
This article first appeared in the online community for solo business owners www.flyingsolo.com.au
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