When Bill Pretsch first joined Vistage, his revenues were about $12M. He set a goal to be at $50M by 2020 — and hit the goal a year early. Asked his advice from 20 years as a Vistage member, Bill says, “When facing a decision, the worst thing you can do is nothing. That’s a sure way to fail.”
Bill’s seven themes of leadership, applicable for any SMB leader:
- Define your culture. Everyone wants to be part of a winning team.
- Share your vision. What’s the higher purpose?
- Identify your external competition, to reduce internal.
- Establish smart goals for right now.
- Celebrate wins.
- Set big hairy audacious goals (BHAG) for the future.
- Set the stage to exit on top.