TEC is in just about every industry. Being the largest in the world at what we do, we have a very broad based membership. We're kind of a representative sampling of small to mid-sized business in this country as well as other countries.
The biggest investment, in fact, is the time [commitment]. We typically charge $995 per month for these meetings, which is not a big hurdle for the members.
Our members are growing more rapidly than most Fortune 500 or S&P 500. We've measured their growth from before joining TEC and after, and there is a significant growth after joining us.
Frequency is very important in order to retain the relationships and the continuity. Business moves a lot in a month, and if you have issues that need to be dealt with, you want to get together with people who can help you in real time, rather than have to wait several months.
It isn't like an industry group where everyone knows the same industry. The idea is to have diversity of perspective. So what you have in common is your role as the CEO.... And because they come from different industries and different kinds of companies, you tend to get a much wider perspective than you would otherwise.
This was not a bathing suit scenario. This was a grown man exposing himself to an 8-year-old girl.
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