How Tip Groups Actually Work
Members attend weekly and bring in a lead for someone else in the group. Most groups only allow one member per profession, so there is no internal competition. That also means an established group may not have an open seat if it already has an accountant or attorney.
Should You Start Your Own Group?
Stockbrokers, insurance agents, bankers and many other professionals are also hungry for referrals. Consider forming your own group with a bank trust officer, a computer vendor, an insurance broker and a commercial real estate developer. Think first about your own clients as potential members then their bankers and other service providers.
Existing Groups and Franchises
If starting your own group feels like too much. Franchises such as Business Network International and Le Tip already run structured groups in most cities. Your local Chamber of Commerce often runs similar groups as well and both are usually listed in local business calendars.
Final Thoughts
A good tip club gives you a repeatable structure for referrals instead of leaving them to chance. Look for an existing group first and if none fits consider starting your own with people who already serve your ideal clients. Check your local Chamber of Commerce listings this week to see what is already available near you.
Â
