Quarterly Ownership Meeting

6-8 hours - not at the business or at anyone’s home

Step 1 Check-in

  • share your best news in your personal life and as an owner since the last time you met

  • or

  • hat you appreciate about the person to your left and right

Step 2 Your 90-day goals are due today

  • read the goal and report if it is done or not done (if people have questions or you feel compelled to give a report put that on the list for step 7)

  • if not done put on the list in step 7

Step 3 Review to-do list since the last monthly meeting

  • read the to-do if it is 100% done say done

  • if the to-do isn’t’ 100% done put it on the list in step x

  • no need to report on these – if you feel compelled to report on it, put it on the list for step 7

Step 4 Review your owner’s plan (not sure how to create an owners plan? Reach out to me at me@sarabstern.com)

  • Are the values still true?

  • Is this still your legacy?

  • Is this still where you want to be in 10 years

  • Is your ownership philosophy still true?

  • Is your plan still the right plan?

  • 3 years

  • 1 year

  • What else do you need to add to step for the rest of your plan to be true

Step 5 Set the date for your next meeting

  • It should be approximately 90 days from now

Step 6 Create your next set of 90-day goals

  1. Review your 1-year goals

  2. Review the items in step x

  3. Everyone write down 3-7 things you think need to happen in order to accomplish your 1 year goals on your own piece of paper

  4. Write all of them on a white board or large post-it notes

  5. Decide which are the top 7 (or fewer!) you need to accomplish

  6. Decide who will accomplish each one

  7. Write them so it is clear what done looks like

Step 7 Work through the solve list until you have 5 minutes left

  1. Add anything that was on the white board that didn’t become a 90 day focus to this list

  2. Add anything else to this list that isn’t here (just ask everyone if there is anything else they want to discuss)

  3. determine what the top 3 most important items are

  4. discuss them (one at a time) with the goal of getting to a to-do to help solve the issue

  5. document any to-dos that come out of the discussion

Step 8 Finish the meeting (on time – no need to go over the time)

  • Make sure everyone knows what their to-dos are

  • Make sure there is a plan to share any decisions you made in this meeting (this probably needs to become someone’s to-do)

  • Make sure everyone is clear when the next meeting is

  • Rate how effective you all were in having a great meeting 1-10

Step 6 End on time and go have some fun