Our First Accountability Meeting Revealed a Flaw
As I shared last week (see here), for the past few weeks I’ve been working with Atlanta entrepreneurs to set up an accountability group. The group meets once a month for a few hours. My expectation for the group is high engagement and open sharing so they’ll learn from one another and solve their problems faster. I want them to get value similar to what entrepreneurs get from EO and YPO forums.
We had our first meeting this week, which I moderated. It was a success, but I learned several valuable lessons. Meeting length is the first. We aimed for two hours, which included one sixty-minute presentation. The presentation was selected based on which entrepreneur had the most urgent problem to solve. This worked, and the presentation was great. But the feedback from the group was that allowing only the entrepreneur with the most urgent problem to present likely isn’t sustainable. Entrepreneurs said they didn’t like the idea of having to pick from urgent house fires at every meeting. Some want to know they’ll have a guaranteed opportunity to present, even if they don’t have a burning problem. And last, some entrepreneurs want more time to think about and prepare a presentation and to know with certainty that their presentation will happen.
The challenge is that the meeting agendas are currently built around a two-hour meeting length: one hour of discussing the most important updates from each entrepreneur, with the idea of finding one worth presenting to the group, and a one-hour presentation.
To address the group’s concerns, we will likely need to add a second presentation slot. One would be the most burning problem selected on the spot from the updates. The other would be a scheduled presentation. We’ll either have to add another hour to the meeting, making it three hours long, or cut the presentation time in half. Each option has pros and cons.
I’m not sure what change, if any, we’ll make. The group will make the final decision via a democratic process. But it stood out to me that several entrepreneurs pointed out the challenges of having a single presentation slot for each meeting.
Regardless, the first meeting went well, and I’m looking forward to continually improving the meeting format to maximize the value to the entrepreneurs.
