Vistage Day 1 - 10th April 2024

The company is reevaluating generosity and exploring new revenue strategies, considering a dedicated sales team over client-facing employees. The focus is on retaining existing clients, with the CEO discussing incentivization and profit margins. There is potential for commission-only salespeople with a declining scale structure, setting boundaries with difficult clients, and visualizing ideal clients. Evaluating profit margins of new deals, handling pricing pressure, and considering fractional CFO or marketing roles are also on the agenda. Utilizing AI tools, outsourcing, and targeted marketing campaigns are part of the strategy, with a focus on community and culture in membership models. LinkedIn is used to find virtual assistants for increased productivity, with platforms like Fiverr, WeCloneYou, and 1,2,3 Employee offering talented options.