WHAT IS VEST?
VEST is working to expedite the pipeline of women in positions of power by democratizing access to quality coaching and making it cheaper for women to participate and network with other influential women in a remote and flexible environment.
HOW DOES IT WORK?
VEST curates and brings together some of the top executive and professional coaches from across the country. Every month, in addition to being part of an incredible network of influential women to support your career journey, you'll gain access to exclusive coaching events. We host these discussions as a network and we also do breakout sessions based on your Membership Tier for more intimate discussions. We also provide different ways for you to engage and meet other members in the network.
WHAT ARE THE SESSIONS LIKE?
Our monthly discussions are designed by women for women and they focus on the issues precluding us from reaching positions of power and influence. Our coaches lead and moderate the discussions. Members receive a tool kit with data and resources leading up to each session so they can prepare.
IS VEST LOCATION BASED?
Nope. We understand that now more than ever women need flexibility. We intentionally designed our services to be remote, flexible and accessible from anywhere. All of our coaching sessions are handled virtually. From time to time we may host in-person events sponsored by our partner organizations in the markets where we have member concentration.
HOW DO MEMBERS ENGAGE?
We provide plenty of opportunities, forums and tools for members to get to know each other and network in a way that suits their needs and crazy schedules.
WHAT ARE THE FEES?
We have three different Membership tiers, Emerging Leaders $2500, VPs $4050 and C-suite $5400.
Most of our members have their employer cover the fee. Here is a template letter you can use to ask your employer to cover the VEST Membership fee.
WHY IS IT SO EXPENSIVE?
Executive coaching does require an investment. Harvard Business Review placed the median Executive Coach cost at $500/hour with a range of $200-3500 per hour. Most coaches expect you to book a minimum set of hours for an established period of time.
WHY NOT HIRE A COACH INSTEAD?
We absolutely encourage our members to engage in 1-1- coaching and mentorship, especially if they can afford it and want consistent support from the same coach. What makes VEST different is we are providing top tier coaching in an affordable and collaborative manner. You are sharing sessions with other members while expanding your network and learning from the experiences of other women. At VEST you'll also be introduced to a variety of coaches covering different topics. Your annual membership guarantees 12 coaching sessions with different subject matter experts as well as breakout sessions for peer-peer coaching. VPs and C-suites also receive concierge services.
IF YOU ARE MISSION DRIVEN, WHY IS VEST NOT A NON-PROFIT?
While VEST's sole founding vision is to drive massive impact by growing the collective power of women, we are indeed a for-profit company. This is by design. After a ton of research and discussions with women, foundations, and investors, it became clear that developing a market-based solution (rather than relying on charity) to help women in the workplace is a faster and more sustainable solution.
When it comes to creating more equitable workspaces, sustainability and self-sufficiency matters. We can't afford to rely on funders who may or may not agree with our mission and/or are forced to delay funding during economic downturns, when we need to support women the most as proven by the Covid-19 pandemic.
Women led companies and investment funds focused on women often struggle to raise capital and are often labeled as "impact." This despite the large sets of data demonstrating that women-led companies are significantly more likely to generate higher profits and stock value. Women-led companies are also more likely to embrace employee-friendly policies and champion racial and gender diversity. Subsequently, they are more likely to retain the best talent and engage in decision-making that accounts for orienting to larger varieties of customers than companies with a more monolithic customer base.
Simply put, at VEST we know that investing in women is not charity and we are committed to changing the narrative, starting with ourselves. Our drive is centered around growing women's power collective. We know that by doing this, we'll generate plenty of value, societal impact and yes, profits.
Have other questions? Shoot us an email at firstname.lastname@example.org