The LoCo Think Tank Experience
It's kind of hard to describe until you're in it, so get the inside scoop from our members.Check out Eric's perspective here!
Wally | Thinkers Member
Wally's Speed Shop
Supported | Collaborative
"I realized that everyone else was struggling as hard as I was to learn to how to be a business owner because we were all really good at doing what we do, but we weren’t really good a being business owners. We were able to bounce ideas off each other which has been hugely beneficial. We need a place to vent to other people who understand what we’re going through."
Derrick | Thinkers Member
Timely, local help | Power ideas
"The value of a Think Tank right now [during COVID] is going to be the unbiased, no agenda perspective from other business owners - what are they seeing out there and what can they give back to help each other. It's the sense of not being isolated by yourself.
You get to bring specific challenges to power-house brains on your specific challenge or opportunity. There is no business owner-whether thriving or suffering- that should not get in there and get this value."
Eric | Next Level Member
Trusted peer advice | New ideas
"It's been not just meeting, but exceeding those expectations. I'm not gaining professional guidance, I'm gaining friendships I can trust. You need to be open to input from others and truthfully any business owner needs it. You have to put yourself out there and be willing to share with others. Don't be scared to hold back to throw ideas out there - they may have the solution for someone else. Sometimes the best ideas come from those outside our industry since we are so focused on what we want the outcome to be. They can see the answers and make the process so much smoother."
Derrick | Thinkers Member
Outside perspective | Accountability
"The structure ensures we cover the valuable things in the group. That intel that happens in each business sector, you don't just get the business, you get what's happening in the industry. You walk out of with 10 hands-on insights on what's going on in their businesses. As business owners we tend to put off pulling back and really evaluating strategy. Forcing yourself to step back evaluate your strategy and approach is incredibly valuable."
Moses | Thinkers Member
Trusted facilitator | Business Growth
"Having someone who has been in business at a larger level and a longer time than I had really gave me confidence in listening to their advice. Certainly the peer advisory, there's nothing like being the trenches with other business owners, but having a seasoned facilitator who is a veteran in the business world was invaluable to help me clean up my books, make me more financially literate to know what the trends are in my business, setting goals, and all of those things prompted by LoCo and the facilitator."
Diana | Thinkers Member
Zi Zai Dermatology
Meeting Structure | Efficient
"When we do issue processing, we go through a well organized process. This ensures that all of the questions are fleshed out before we come up with solutions. I find it to be a very efficient way of handing things so it doesn't breakdown in to chaos and general brainstorming. I think it's a big difference between other groups."