In last week’s post, I featured a CNBC broadcast regarding Vistage Member CEOs forecasting short term growth for small companies over the next two quarters. In that report was a caveat that Vistage CEOs may not be a totally representative sample of Small Business CEOs, because independent research shows that they consistently outperfom peer nonmember companies. I asked Vistage International to share their evidence, and was impressed with the research they produced. As can be seen from the graphs below, a Vistage Sample of 1265 member companies was compared with a statistically matched sample of about a million D & B nonmember companies. Over the period 2006 though 2009, Vistage companies outperformed nonmember companies on CAGR by15 percentage points. Moreover, this trend was consistent across all major business segments, ranging from a 13.2 percentage point difference in the Transportation and Communication Sector, to a 25.7 percentage point difference in the Wholesale Trade sector. In other words, in one of the toughest economies in history, Vistage member companies averaged 5.8 % revenue growth, while nonmembers averaged a (9.2%) revenue decline. In future posts, we will explore the factors that contribute to that sizeable performance difference.