During the last 2 official session meetings, the group’s performance hovered above 50%.  What that means is that little more than half would do the homework or field assignments or simply have difficulties attending the meeting.  This greatly upset and irritated me as I was the organizer of this group.

Without getting into all the gory details, I announced there was a group cohesion and unity issue.  Two members of the Investors Roundtable were gently asked to leave as they did not seem to be able to meet the participation criteria to remain in that group.  However, the two ousted members decided to remain affiliated in a less commited role.  So we did not lose them entirely.

For the Investors Roundtable to exist powerfully as I had envisioned, it required changes in expectations.  Some rules were changed and the cost went up.  However, I also outlined what they would get in return.

Had an insufficient number of members agreed to the new terms, that group would have been disbanded within 15 minutes.  My business partner, Wes Weaver, was on standby and did not even come in at my request.  Fortunately, everyone in attendance agreed, I called Wes, and we continued on.

The vision for Phase II is to continue this until the end of the year.  I envision that to be around the Thanksgiving 2007 period.  We would take stock where the group is at.  It would either continue at Phase II level, if necessary, or we would disband.

Nothing is forever and everyone involved knows it.  If we can’t maintain excellence, there is no point doing it.  We have had visitors come and go but it is always about the committed and the people who stay, not the people who leave.  The fact of the matter is Wes and I simply have too many things to work on without staying involved with people who are lazy and uncommitted.

I am happy to report that after the administrative affairs were dispensed with, the Investors Roundtable roared forward with the showing of WTVM’s news stories of the Cobra Collection Agency scam with my behind the scenes involvement and telling of highlighted events covered on CobraCollectionScam.com.

This was a live case study and implementaton of many principles and concepts that we teach.  The issues within that scam were tied back to what investors can face if they lack leadership, intuition, ethics, and decision-making skills.

Following that, we resumed the critiquing of the group’s individual investor presentations.  It ended well.  Energy was up, excitement was up, participation was up, expectations were high.  Phase II was off to a good start.

This entry was posted on Wednesday, June 13th, 2007 at 11:42 pm and is filed under Business Affairs, Cobra Collection Agency, Columbus GA, Investors Roundtable, Motivation & Inspiration, Seminars & Workshops. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.