Popular business networks:
In scuttlebutt for early stage investing, we often encounter entrepreneurs via business networks.
Let’s look at some of such clubs operating here in India and some nuances. Each one has a strict criteria reg new members, like business profile, business turnover, reference of current members and max age when becoming members.
Also, they have a fixed annual fee, min no of meetings that need to be conducted and similarly some social trips.
In scuttlebutt for early stage investing, we often encounter entrepreneurs via business networks.
Let’s look at some of such clubs operating here in India and some nuances. Each one has a strict criteria reg new members, like business profile, business turnover, reference of current members and max age when becoming members.
Also, they have a fixed annual fee, min no of meetings that need to be conducted and similarly some social trips.
YPO (Young Presidents Org.)
Strictest in terms of requirements for new members.
Started in 1950, in New York, USA. To qualify, a person must be president or CEO of a corporation of significance.
Some famous members include Mukesh Ambani of Reliance, Christie Hefner of Playboy and Charles Schwab of Charles Schwag co.
Strictest in terms of requirements for new members.
Started in 1950, in New York, USA. To qualify, a person must be president or CEO of a corporation of significance.
Some famous members include Mukesh Ambani of Reliance, Christie Hefner of Playboy and Charles Schwab of Charles Schwag co.
EO (Entrepreneurs' Organization)
Set-up in 1987, then called as Young Entrepreneurs' Organization, in USA and Canada.
In 2005, it took its new name as EO. Members are required to have controlling ownership of a company with annual revenue of at least one million dollars. It has spread to more than 60 countries and has more than 18000 members.
Set-up in 1987, then called as Young Entrepreneurs' Organization, in USA and Canada.
In 2005, it took its new name as EO. Members are required to have controlling ownership of a company with annual revenue of at least one million dollars. It has spread to more than 60 countries and has more than 18000 members.
BNI (Business Network International):
This is a business referral organisation, with more than 328,000 members across 76 countries. BNI Members generated more than USD 20 billlion in revenue, via 14 million referrals, in 2023. It is far easier to become a member, and meetings are usually every week.
This is a business referral organisation, with more than 328,000 members across 76 countries. BNI Members generated more than USD 20 billlion in revenue, via 14 million referrals, in 2023. It is far easier to become a member, and meetings are usually every week.
Round Table (RT) : starter in 1927 in England, and now has more than 30,000 members across 65 countries.
Members are called tablers. Apart from business expansion, they also focus on networking and idea exchange.
People from diverse back grounds are added, to bring more diversity.
Members are called tablers. Apart from business expansion, they also focus on networking and idea exchange.
People from diverse back grounds are added, to bring more diversity.
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