The Impact of Entrepreneurs’ Organization on My Business (and Me)

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When my business doubled in size almost overnight, I was faced with a wide variety of business challenges. So I started looking at a wide variety of professional organizations to find one that would help me:

  • Understand and address the challenges of growing a business
  • Connect me with peers/mentors who are fellow business owners
  • Grow as a CEO

After going through a few orientations and the qualification process, I officially joined the Los Angeles chapter of Entrepreneurs’ Organization earlier this year.

 

In the short six months I’ve been a part of EO, we have been awarded “Best Places to Work in Los Angeles” and made the 2010 “Inc. 500 Fastest Growing Companies”  list.  I’ve also personally been featured in the Los Angeles Business Journal and named one of “Top 10 Asian Entrepreneurs in America.”  Coincidence?  Perhaps, but the impact EO has had on me and my company can’t be underestimated.

 

It was through an EO-organized event that I had the opportunity to meet the editor-in-chief for the Los Angeles Business Journal, which led me to enter the “Best Places to Work in Los Angeles” competition and become the subject of a feature article in the Journal.  But besides the obvious benefits of networking, my most important discovery has been that there’s comfort in common experiences.  While the CEOs and business owners I’ve met through EO come from different industries and backgrounds, we all face similar challenges:  financial planning, culture building, management issues, etc.  By participating in a confidential “Forum” consisting of a small group of like-minded CEOs  and entrepreneurs who share a common “addiction” to building successful companies, we can openly share our challenges and exchange stories. Through these conversations, I have found not only genuine support and knowledge sharing, but most importantly, I’m forming life-long friendships with successful, forward-thinking peers.

 

EO is not for everyone. But in the short time I’ve been with EO, I believe it has made me a better entrepreneur, a more confident CEO, and quite simply, a better person.

Ming Chan

As founded and CEO of The1stMovement, Ming was named as one of the "Top 10 Asian Entrepreneurs" by Inc. Magazine, and has led the agency to numerous accolades including 3-time Inc. 500 "Fastest Growing Private Companies in America", 3-time "Best Places to work in LA", and 5000% growth in 5 years with his passion for innovation and company culture. Follow @mingAtT1M


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