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Young Presidents Organization
#1

Young Presidents Organization

Hey everyone.

Do any RVFers know anything about YPO?

Even more so, are there any members?

I have been headhunted by an agency to collaborate with YPO and it has definitely sparked my interest.

I was wondering whether anyone has experience with YPO or any other similar organizations?

Either as a member or as an employee.

To quote their website:

Quote:Quote:

The premier leadership organization of chief executives in the world.

YPO is the global platform for chief executives to engage, learn and grow. YPO members harness the knowledge, influence and trust of the world’s most influential and innovative business leaders to inspire business, personal, family and community impact.

Today, YPO empowers more than 24,000 members in more than 130 countries, diversified among industries and types of businesses. Altogether, YPO member-run companies employ 15 million people and generate USD6 trillion in annual revenues.


They are a group for CEOs and decision-makers to network, support and meet on a monthly basis.

The membership requirements are pretty 'elite' in the sense; You have to meet at least one of the A and B categories below.

Quote:Quote:

“A” REQUIREMENTS

REQUIREMENT #1
The candidate must have at least 50 regular, full-time employees or the equivalent under his or her control. Persons engaged on a commission basis rather than straight salary are considered employees if they are permanently connected with the corporation and receive their principal livelihood there from. Seasonal employees are not included in YPO’s employee definition.

OR

REQUIREMENT #2
The total compensation of all employees, excluding the compensation of the candidate, must exceed USD2,000,000 and a 15 employee minimum.


“B” REQUIREMENTS

REQUIREMENT #1
The corporation must meet dollar volume requirements based on the type of corporation he or she runs, as follows:

Sales/Services/Manufacturing corporations must have at least USD13,000,000 in gross annual sales or turnover.

Financial institutions must have average annual assets of at least USD260,000,000.

Agency-type businesses must have annual fees or commissions billed of at least USD10,000,000.

OR

REQUIREMENT #2

The corporation must have an enterprise value of USD20,000,000 as defined by one of the following:

Net worth of assets before depreciation of USD20,000,000.

Independent third-party investment/valuation of USD20,000,000.

The sum of the company’s public equity value plus its debt less cash must equal USD20,000,000.

From an employee's standpoint, it looks like your average corporate job with high salaries, high workload and lots of travelling.

A great opportunity to build a network albeit expensive with annual membership from 3000USD to 10000USD so getting in to their workplace might be a better way in.

Keen to hear any opinions.
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