LOS ANGELES--(BUSINESS WIRE)--ProVisors, the largest national business networking organization exclusively for trusted advisors including attorneys, accountants, financial, insurance advisors and business consultants, today announced massive membership growth during and post Covid, expanding by 30% to over 7,800 members nationally. The report comes out as it prepares to host its 3rd Annual National Networking Day with journalist Katie Couric and where members will share tips on building their new business pipelines.
“ProVisors became the lifeline of business referrals delivering substantial revenue and support during and after Covid,” said Matt Toledo, CEO of ProVisors. “Professionals were working from home and because of ProVisors, were still able to grow their businesses. The interest from other regions grew from 9 to 19 markets in the past two and a half years. We’re one of the best illustrations of how business and organizations were transformed by combining the convenience of virtual discussions and now the engagement of in-person meetings."
A new survey of nearly 800 business executives and ProVisors members across the country showed that 78% of respondents see the benefit of connecting with trusted advisors as strong or very strong. However, the reason for ProVisors’ growth is not just about making connections; it primarily focuses on making business referrals to grow each member’s business. The survey reports the tremendous amount of business happening within the ProVisors network:
- Drive Referrals – Nearly seven of 10 members (69%) provided five or more business referrals to other members.
- Increase Sales – Nearly three-fourths (72%) of survey respondents generated business of $5,000 or more based on referrals from other members with 37% generating over $25,000 in new business.
- Build Client Loyalty – The ProVisors network provides access to trusted advisors locally and nationally to help members better serve existing clients, according to 89% of ProVisors members.
- Make Friendships – In addition to the financial benefit, 67% of ProVisors members have made meaningful friendships through the network with 75% seeing a strong benefit of the Troikas, which is where members can get together after monthly meetings and meet anywhere from across the country.
“My ProVisors membership return on investment is in excess of 50 to 1 annually. I have yet to find a need, deal or want that cannot be addressed through the ProVisors network,” said Andrew Godfried, Benefits Consultant at Risk Strategies.
ProVisors utilizes a hybrid model of in-person and virtual networking meetings which ensures that each member has the resources to achieve expanded reach, relevance, access and connectivity both locally and nationally. Members are vetted and invited to join ProVisors to harness the power of networking and the opportunity to earn valuable business referrals.
About ProVisors
ProVisors is a 30-year-old network of trusted advisors with groups in 19 regions from San Diego, Los Angeles, San Francisco, Silicon Valley to Seattle, Dallas, Atlanta, Chicago, New York and Boston. It is an exclusive invite-only community of leaders in their fields. Members are vetted by group leaders and if approved, invited to join. The organization offers accelerator workshops, training in its personalized introduction process and coaching on how to articulate your unique value proposition. Members are spotlighted, offered speaking opportunities and recognized for awards and achievements. For more information, please visit www.provisors.com.
