When negative feedback shakes your confidence, it can be difficult to get back to feeling like yourself at work. In this episode, Anne and Frances help a struggling listener who has spent years toning herself down in the workplace after being told that she was too assertive — now, she feels that her modest approach is holding her back. Together, they use Anne and Frances’s “trust triangle” framework to explore how empathy, authenticity, and logic can help you rebuild confidence and trust with your colleagues, and share helpful confidence hacks for getting comfy with discomfort. What problems are you dealing with at work? Text or call 234-FIXABLE or email fixable@ted.com to be featured on the show. For the full text transcript, visit ted.com/podcasts/fixable-transcripts Want to help shape TED’s shows going forward? Fill out our survey ! Hosted on Acast. See acast.com/privacy for more information.…
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محتوای ارائه شده توسط Andy. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Andy یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
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Alternative Exit #14 | The Real Power of Ownership through Employee Ownership
Manage episode 472440419 series 3621108
محتوای ارائه شده توسط Andy. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Andy یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
Episode Summary:
In this episode of The Alternative Exit Podcast, Andy Farquharson is joined by Alison Lingane, a dedicated social entrepreneur who spent her career leveraging the business. She co-founded a non-profit called Project Equity, which promotes employee ownership.
She shared her journey with Project Equity and her transition to focus on expanding investment capital for employee ownership through the Ownership Capital Labs, which is advancing shared ownership models. Alison and Andy also talked about the power of employee ownership, the cash collateral program, and the beauty of the employee ownership space. There is a lot of value in this episode; enjoy the show!
Key Takeaways:
- Alison's inspiration to co-found Project Equity
- The real power of ownership through the lens of employee ownership
- Impacts of collective groups of employee-owned businesses on the local economy
- About the cash collateral program
- Reorder of steps in the process of employee ownership
- Bridging the gap for employee ownership with Ownership Capital Labs
- Alison's advice for business owners about employee ownership
About Alison Lingane
Alison Lingane is a dedicated social entrepreneur who spent her career leveraging business. Ten years ago, she co-founded a non-profit called Project Equity, an organization that has been promoting employee ownership. She also expanded from Project Equity to investment capital for employee ownership through the Ownership Capital Labs.
Connect with Alison Lingane
- Website: https://ownershipcapitallab.capital/
Connect with Andy Farquharson:
- LinkedIn - https://www.linkedin.com/in/andyfarquharson/
- Instagram - https://www.instagram.com/andyfarq
- Website - https://abettermonday.me/
- Email - andy@bettermonday.me
26 قسمت
اشتراک گذاریManage episode 472440419 series 3621108
محتوای ارائه شده توسط Andy. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Andy یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
Episode Summary:
In this episode of The Alternative Exit Podcast, Andy Farquharson is joined by Alison Lingane, a dedicated social entrepreneur who spent her career leveraging the business. She co-founded a non-profit called Project Equity, which promotes employee ownership.
She shared her journey with Project Equity and her transition to focus on expanding investment capital for employee ownership through the Ownership Capital Labs, which is advancing shared ownership models. Alison and Andy also talked about the power of employee ownership, the cash collateral program, and the beauty of the employee ownership space. There is a lot of value in this episode; enjoy the show!
Key Takeaways:
- Alison's inspiration to co-found Project Equity
- The real power of ownership through the lens of employee ownership
- Impacts of collective groups of employee-owned businesses on the local economy
- About the cash collateral program
- Reorder of steps in the process of employee ownership
- Bridging the gap for employee ownership with Ownership Capital Labs
- Alison's advice for business owners about employee ownership
About Alison Lingane
Alison Lingane is a dedicated social entrepreneur who spent her career leveraging business. Ten years ago, she co-founded a non-profit called Project Equity, an organization that has been promoting employee ownership. She also expanded from Project Equity to investment capital for employee ownership through the Ownership Capital Labs.
Connect with Alison Lingane
- Website: https://ownershipcapitallab.capital/
Connect with Andy Farquharson:
- LinkedIn - https://www.linkedin.com/in/andyfarquharson/
- Instagram - https://www.instagram.com/andyfarq
- Website - https://abettermonday.me/
- Email - andy@bettermonday.me
26 قسمت
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What does it take to let go of your business—and hand it over to your team? In this episode, I sit down with Arabella Lewis-Smith, founder and managing director of the creative agency Salad, to explore her journey from sole owner to 100% employee-owned company. Bella shares what sparked her pivot away from a traditional exit and into a future shaped by trust, transparency, and shared ownership. We dive into the mindset shifts, practical steps, and candid lessons she encountered along the way. From pizza on the beach to quarterly vision days, Bella unpacks how leadership evolved, how her team responded, and how intentional communication turned doubt into advocacy. This one is packed with honest insights for any founder curious about what an alternative exit really looks like in action. Key Takeaways: Why Bella initially planned to sell Salad, and what changed her mind How a single question reframed the company’s growth narrative What Chris Budd advised her not to do after learning about EO The emotional and operational impact of telling her team Setting up the employee council, trust board, and operational board How employee voice helped shape company policies and culture Why a strong leadership model still matters in EO businesses The surprising benefits of staying small and running lean About Arabella Lewis-Smith: Arabella is the founder and MD of Salad, a UK-based creative design agency. With over two decades at the helm, she transitioned the business to 100% employee ownership in 2021. Bella is known for her transparent leadership style and active advocacy for people-first business models. Connect with Arabella: Website: www.saladcreative.com LinkedIn: Arabella Lewis-Smith Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
1 Alternative Exit #25 | Turning Scraps into Soil and Shared Power: The Rust Belt Riders Story 39:51
Episode Summary: Ever wondered what it really takes to turn a grassroots composting hustle into a thriving, worker-owned enterprise? This conversation with Michael Robinson, co-founder of Rust Belt Riders, takes us inside that transformative journey. Michael and I talk about how Rust Belt Riders evolved from an idea rooted in community gardens and philosophical values into a formal worker cooperative. We unpack how financial transparency, shared decision-making, and open dialogue have powered their growth, and how the team continues to navigate complex conversations around pay equity, governance, and scaling workplace democracy. This episode is full of practical wisdom for any founder considering a co-op model or looking to deepen employee engagement. Key Takeaways: Why Rust Belt Riders started with a cooperative mindset from day one The long road from LLC to formal worker cooperative Lessons in financial transparency and open-book management Navigating pay structures and consensus-based decision-making The role of trust, compassion, and unlearning in cooperative success Using tech like Lumio to streamline collective decisions The cultural shift from "pretending to be a co-op" to truly being one About Michael Robinson Michael is the co-founder of Rust Belt Riders and serves as treasurer on the board of Cleveland Owns. With a background in philosophy and a passion for social and political equity, Michael brings a grounded, values-driven approach to cooperative leadership and community wealth building. Connect with Michael Robinson Website: www.rustbeltriders.com Tilth Soil: www.tilthsoil.com Cleveland Owns: www.clevelandowns.coop LinkedIn: Michael Robinson Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
Episode Summary: In today’s episode of The Alternative Exit, I’m joined by Erinch Sahan, Business and Enterprise Lead at the Donut Economics Action Lab. Erinch brings a bold new lens to our conversations on ownership, rooted in his work with the Donut Economics framework – a model that calls for businesses to operate within ecological limits while meeting social needs. Erinch and I dive into how enterprise design and ownership models like employee ownership can transform businesses into vehicles for long-term sustainability, fairness, and resilience. We explore why now is the perfect moment for retiring business owners to reimagine the future of their companies, and how structures that give employees a real stake in decision-making and outcomes can help get us into the “donut” – a safe, just space for humanity. Key Takeaways: What is Donut Economics and how it redefines the role of business Why ownership and governance models matter for sustainable transformation The connection between employee ownership and long-term ecological resilience How local ownership leads to more responsible decision-making Challenges owners face when transitioning to alternative ownership models Why fear of change – from employees or advisors – is often misplaced The role of enterprise design in unlocking innovation and employee engagement Why the transition to employee ownership isn’t binary and doesn’t mean giving up all control About Erinch Sahan Erinch Sahan is the Business and Enterprise Lead at the Donut Economics Action Lab. Prior to this, he served as the Chief Executive of the World Fair Trade Organization, worked at Oxfam, and taught at the Cambridge Institute for Sustainability Leadership. With over 900 businesses engaged in his work, Erinch brings deep insight into how to redesign businesses to serve both people and planet. Connect with Erinch Sahan: Website: https://doughnuteconomics.org LinkedIn: Erinch Sahan Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
Episode Summary: Today’s episode offers a fresh perspective—from the employee’s seat. I’m joined by the brilliant and energetic Sam Moles, who brings a front-line view into what employee ownership actually looks like day-to-day. As a Trustee Representative and marketing lead at Stephens Scown, Sam unpacks how ownership changes mindsets, motivates innovation, and transforms how people show up at work. We dive into practical systems, cultural shifts, and leadership traits that make employee ownership real. We dive into what it really means to be an employee owner—from developing commercial awareness and mindset shifts, to creating structured systems for employee voice and innovation. Sam shares how Stephens Scown is empowering their people through initiatives like their "Ideas from Sconers" portal and parishes forum, and what leadership looks like in a democratically governed, employee-driven business. If you're wondering how to unlock engagement, transparency, and entrepreneurial thinking in your own business, this is an episode you’ll want to take notes on. Key Takeaways: What it means to serve as an elected trustee in an employee-owned firm How Stephens Scown created employee voice at the strategy table The shift from employee to owner—and how it unlocks commercial thinking How the "Ideas from Sconers" system works and the business case behind it The role of trust boards, parishes, and peer-to-peer coaching in EO cultures Why great EO leaders coach, challenge, and encourage entrepreneurial risk-taking How employee ownership can drive better businesses and better societies Why open feedback loops and transparency build real trust How employees can grow their EO knowledge through community sharing About Sam Moles Sam Moles is the Digital Marketing Manager and Trustee Representative at Stephens Scown, a leading employee-owned law firm in the UK. Named the Employee Owner of the Year in 2023, Sam has played a key role in shaping how employee voice is embedded at a strategic level within the firm. Known for his boundless energy and passion for EO, Sam also leads peer-learning initiatives across employee-owned businesses and champions practical tools that help shift mindsets from employee to owner. Connect with Sam Moles: LinkedIn: Sam Moles – Stephens Scown Website: https://www.stephens-scown.co.uk Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
Episode Summary: In this episode of The Alternative Exit Podcast, I’m joined by Dr. Tej Gonza—researcher, author, and co-founder of the Institute for Economic Democracy in Slovenia. Tej is a powerful voice in the global employee ownership movement, leading policy innovation and grassroots change across Europe. He’s also a research fellow at Rutgers University and the co-author of the “European ESOP,” an ambitious model that aims to expand employee ownership through democratic, cooperative structures. We talk about the real impact of employee ownership on businesses, communities, and economic resilience—especially as Europe braces for a wave of generational business exits. Tej also dives deep into how the European ESOP was designed, what makes it unique, and why he believes participatory ownership is essential for building sustainable enterprises. Whether you're a business owner, policy leader, or just curious about the future of capitalism, this one’s packed with fresh ideas and global insight. Key Takeaways: - How Tej discovered employee ownership through academic curiosity and macroeconomic mentorship - Why employee ownership matters from business, social, and macroeconomic perspectives - The generational wealth transfer challenge facing Europe—and why employee ownership is a strategic solution - How Slovenia is setting the pace for employee ownership policy in the EU - The fundamental differences between employee ownership and employee shareholding - Why capital access and ownership rights matter in building sustainable employee-owned businesses - How the European ESOP uses a cooperative SPV and rollover model to tackle liquidity challenges - The importance of education and financial literacy in making employee ownership work - Why political will, smart regulation, and scalable models are key to driving broader adoption About Dr. Tej Gonza Dr. Tej Gonza is the co-founder and director of the Institute for Economic Democracy in Slovenia. A leading researcher in the field, Tej is a research fellow at Rutgers University’s Institute for the Study of Employee Ownership and Profit Sharing and is actively shaping employee ownership legislation across the European Union. He is the co-author of the European ESOP model and a vocal advocate for democratizing economic systems through broad-based, participatory ownership structures. Connect with Dr. Tej Gonza LinkedIn: https://www.linkedin.com/in/gonzatej/ Website: https://ied.si/en/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
Episode Summary: For today's episode of The Alternative Exit Podcast, I'm joined by Steve Storkan, Executive Director of the Employee Ownership Expansion Network (EOX). With over 25 years of experience in the employee ownership space, Steve has helped shape how businesses and communities embrace ownership models like ESOPs and Employee Ownership Trusts across the U.S. We dive into the cultural and emotional side of employee ownership, the growing network of state centers EOX is building, and what it takes to make ownership more mainstream in America. Steve also shares some of the biggest misconceptions about employee ownership and why capital access and education remain two of the biggest hurdles. Whether you're a business owner considering your next move or someone passionate about inclusive growth, this conversation is packed with perspective and purpose. Key Takeaways: How Steve’s experience in the Marine Corps led to a surprising path into employee ownership The emotional connection and cultural power of ESOPs Why financial literacy is critical to employee engagement The role third-party administrators play in bridging education gaps Common misconceptions that make ESOPs hard to explain—and how to fix that How EOX is scaling state-by-state to increase national awareness Why employee ownership is a retention tool, and not (yet) a recruitment tool The challenge of capital access—and how philanthropy and impact funds are changing that The rise of ESOP-led acquisitions to grow ownership across sectors What’s next for the employee ownership movement About Steve Storkan Steve Storkan is the Executive Director of the Employee Ownership Expansion Network (EOX), a national nonprofit on a mission to grow employee ownership across the United States by supporting the development of state centers. Since joining EOX in 2019, Steve has helped expand the network from 8 to 24 state centers and continues to advocate for inclusive business models that benefit both owners and employees. Connect with Steve Storkan Email: info@eoxnetwork.org LinkedIn: Steve Storkan Website: https://eoxnetwork.org Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
1 Alternative Exit #20 | Building Ownership That Lasts: Daniel Goldstein on Culture, Governance, and the Power of ESOP Holding Companies 42:28
Episode Summary: In this episode of The Alternative Exit , I’m joined by Daniel Goldstein an experienced executive, former CEO of Foliance, and a dedicated advocate for employee ownership. With a career spanning corporate governance, ESOP advocacy, and organizational transformation, Daniel brings a deeply thoughtful and practical lens to how businesses can embrace employee ownership and thrive. We dive into what happens after the ownership transition — how to ensure long-term sustainability, build buy-in, and drive culture within employee-owned companies. From turning a balance sheet crisis into a holding company opportunity, to creating tangible tools like a "license to act" card that foster true ownership mindset, Daniel shares a masterclass in smart leadership, accountability, and systems that scale. Key Takeaways: The biggest fear in employee ownership isn’t the model — it’s employees undervaluing what they have Why shared services and ESOP holding companies simplify transition and scale The difference between ownership and entitlement (and how education bridges the gap) Why culture change starts with leadership modeling, not employee handbooks The “80,000 hours” mindset that makes work about more than just financial rewards How governance done well empowers decision-making and accountability at every level Why focusing on what’s working — through appreciative inquiry — is more powerful than postmortems What’s next in employee ownership: EOTs, sustainability modeling, and cultural storytelling About Daniel Goldstein: Daniel Goldstein is the former President and CEO of Foliance, a 100% employee-owned holding company based in Iowa. During his tenure, he transformed the organization through innovative acquisitions, thoughtful governance, and deep cultural investment. Today, he serves as an executive fellow at the Rutgers Institute of Employee Ownership and Profit Sharing, and continues to support the EO community as a speaker, board member, and advisor. Connect with Daniel Goldstein: Email: goesopllc@gmail.com LinkedIn: Daniel Goldstein Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
Episode Summary: For today's episode of The Alternative Exit Podcast, Andy Farquharson is joined by Deb Oxley, a prominent advocate for employee ownership and the Chair, NED, Mentor, and Specialist in Employee Ownership. She shared stories of how she influenced companies about employee ownership, the need to influence influencers like accountants and lawyers about its importance, and its impacts. They also talked about the 'whoosh' effect on employee ownership and the concept of 'financial freedom day.' Listen to learn more about these. Enjoy the show! Key Takeaways: How Deb found her way into the employee ownership space Big challenges to sharing awareness about employee ownership with companies The pre-transition space of accountants and lawyers What is the ownership 'whoosh' effect? The financial freedom day Employee ownership is a change of ownership, not leadership. Importance of financial literacy in employee ownership Giving a level of personal accountability to employees What is the biggest barrier to growth for employee ownership? About Deb Oxley Deb Oxley is a prominent advocate for employee ownership. She had a tenure from 2015 to 2022 as the CEO of the Employee Ownership Association in the UK. During her time, she had a significant impact on the organization, growing its reach and impact. Deb was awarded an OBE in 2019 for her services to employee ownership and social enterprise. Connect with Deb Oxley X: @DebOxley LinkedIn: https://www.linkedin.com/in/deboxley Email: deb@oxleyworks.co.uk Resources: https://employeeownership.co.uk/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
Episode Summary: In this episode of The Alternative Exit Podcast, Andy Farquharson interviews Chris Mackin, a luminary in employee ownership who has spent four and a half decades in this field. He is the founder and president of Ownership Associates, a consulting firm based in Cambridge, Massachusetts. Today, he talks about the history of employee ownership in the U.S., the introduction of employee relationships, and the idea of employee ownership in the legal and financial aspects. Listen and enjoy the show! Key Takeaways: The history of employee ownership in the United States Introduction of employee relationship The misconceptions about employee ownership: It is not socialism The vision of an industrial republic Importance of changing organizational culture and employee engagement as part of the transition Creating democratic capitalism ESOP vs EOT The biggest challenge to implementing employee-owned structures in companies Having future committees in ESOP companies The Employee Equity Investment Act About Chris Mackin Chris Mackin is the founder and president of Ownership Associates, a consulting firm based in Cambridge, Massachusetts. He is also a fellow at the Rutgers University School of Management and Labor Relations, where he teaches a course on democratic capitalism and contributes to the Institute for the Study of Employee Ownership and Profit Sharing. He plays an active role in shaping policies that govern employee ownership and participates in employee ownership symposiums around the world. Connect with Chris Mackin -Website: https://ownershipassociates.com/ -LinkedIn: https://www.linkedin.com/in/christopher-mackin-3238723/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
Episode Summary: In this episode of The Alternative Exit, Andy Farquharson speaks with John Guzek, a researcher and practitioner specializing in Employee Ownership and Organizational Behavior. Recently, he co-authored an article called 'Overcoming the Barriers to Employee Ownership: Insights from a Small and Medium Business.' Today, John will dive into the conversation about the barriers to employee ownership, especially for small and medium business owners, the idea of an ownership operating system, and the difference between ESOP and shared ownership. Listen and enjoy! Key Takeaways: - John's inspiration to research barriers to employee ownership among SMB owners - Reasons why people reject the idea of employee ownership - What is shared ownership and the ownership operating system? - The easiest and toughest thing for owners to do in employee ownership - Turning employees into an innovation engine - Difference between ESOP and shared ownership - The transition towards a shared ownership lifestyle model - John's advice for business owners who want to transition to employee ownership About John Guzek John Guzek is a researcher and practitioner specializing in Employee Ownership and Organizational Behavior. Recently, he has co-authored an article called 'Overcoming the Barriers to Employee Ownership, Insights from a Small and Medium Business.' Connect with John Guzek: - LinkedIn - https://www.linkedin.com/in/guzekjc/ Connect with Andy Farquharson: - LinkedIn - https://www.linkedin.com/in/andyfarquharson/ - Instagram - https://www.instagram.com/andyfarq - Website - https://abettermonday.me/ - Email - andy@bettermonday.me…
Episode Summary: For today's episode of The Alternative Exit Podcast, Andy Farquharson is joined by Beth Spong, CEO of Dean's Beans Organic Coffee. She had a career working in a non-profit and a respected leader in employee ownership. In this episode, she shared her journey working with Dean's Beans Organic Coffee and how she helped the company on its transition from being a founder-led company to an employee-owned company via co-op. She also talked about the challenges of leading change in a company, and the response of employees with their transition to employee ownership. Listen and enjoy the show! Key Takeaways: - Helping Dean's Beans' transition from being founder-led to employee-owned via co-op - Preserving the mission and looking after employees in the local community - How to know if a company is ready for the ownership transition? - What do bylaws mean in a co-op? - Periodic opportunities for people to question decisions - The biggest challenge as a leader in supporting and guiding change in a company - Employees' response to their transition to being an owner - Beth's favorite resource on employee ownership About Beth Spong Beth Spong is the CEO of Dean's Beans Organic Coffee. She has a career in non-profits and is a respected leader in employee ownership. Beth has overseen the transition of this business from founder-led to an employee-owned model and as a co-op. As a permanent voice in employee ownership, she contributed to reshaping the narrative of how worker empowerment and shared governance can transform the work environment for her people. Connect with Beth Spong: - Website: https://deansbeans.com/ - Facebook: https://www.facebook.com/DeansBeansOrganicFairTradeCoffee Instagram: https://www.instagram.com/deansbeanscoffee Connect with Andy Farquharson: - LinkedIn - https://www.linkedin.com/in/andyfarquharson/ - Instagram - https://www.instagram.com/andyfarq - Website - https://abettermonday.me/ - Email - andy@bettermonday.me…
Episode Summary: For today's episode of The Alternative Exit Podcast, Andy Farquharson is joined by Alex Moss, a pioneer in the field of employee ownership and is currently the president of Praxis Consulting Group. Alex has decades of experience advising employee-owned companies and mission-driven organizations. He served in leadership roles on the boards of multiple ESOPs and has been a key advocate in the employee ownership community. Andy will dive into Alex's journey and his work at Praxis. He also shared in this episode his insights on creating resilient and high-performing organizations through employee ownership. Listen and learn more about these topics, and enjoy the show! Key Takeaways: Alex and his story of forming Praxis Consulting Group. Employee ownership is a great tool to help people succeed Core elements of a great employee ownership model Connecting theory and practice at Praxis How Alex approach organizational change What is business sustainability The value system of ownership vs leadership Why won't employees want ownership? About Alex Moss Alex Moss is the Founding Principal of Praxis Consulting Group. He is a pioneer in the field of employee ownership and has decades of experience advising employee-owned companies and mission-driven organizations. Alex has served in leadership roles on the boards of multiple ESOPs and has been a key advocate in the employee ownership community. Connect with Alex Moss Website: https://www.praxiscg.com/team/alexander-p-moss-mppm Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
Episode Summary: In this episode of The Alternative Exit Podcast , Andy Farquharson is joined by Alison Lingane, a dedicated social entrepreneur who spent her career leveraging the business. She co-founded a non-profit called Project Equity, which promotes employee ownership. She shared her journey with Project Equity and her transition to focus on expanding investment capital for employee ownership through the Ownership Capital Labs, which is advancing shared ownership models. Alison and Andy also talked about the power of employee ownership, the cash collateral program, and the beauty of the employee ownership space. There is a lot of value in this episode; enjoy the show! Key Takeaways: Alison's inspiration to co-found Project Equity The real power of ownership through the lens of employee ownership Impacts of collective groups of employee-owned businesses on the local economy About the cash collateral program Reorder of steps in the process of employee ownership Bridging the gap for employee ownership with Ownership Capital Labs Alison's advice for business owners about employee ownership About Alison Lingane Alison Lingane is a dedicated social entrepreneur who spent her career leveraging business. Ten years ago, she co-founded a non-profit called Project Equity, an organization that has been promoting employee ownership. She also expanded from Project Equity to investment capital for employee ownership through the Ownership Capital Labs. Connect with Alison Lingane Website: https://ownershipcapitallab.capital/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
Episode Summary: In this episode of The Alternative Exit Podcast , Andy Farquharson interviews Drew Mousetis, the Executive Director of Tandem Centre for Shared Business Success. Drew shares his experience working in Cargas and how the company helped him become an expert in direct employee ownership. He shared the benefits of direct employee ownership and the powerful impact of keeping businesses community-centered. They also talked about the stock grant program, educating employees about the company's financial and operational data, and the five different stages of employee ownership. Listen and hear Drew's inspiring stories and value in this field. Enjoy the show! Key Takeaways: The concept of shared success for all employees Benefits of direct employee ownership to Drew while in Cargas Guiding principles of direct employee ownership Train employees to learn and understand the company's financial and operational data How the Employee Stock Ownership Plan differs from other models of employee ownership The five different stages of employee ownership About Drew Mousetis Drew Mousetis is a leader in the field of employee ownership. He is the Executive Director of Tandem Centre for Shared Business Success, and he previously worked extensively with Cargas. With Cargas, Drew helped the company to transition towards an employee-owned company. Now, at Tandem, his mission is to help companies create lasting legacies through direct employee ownership. Connect with Drew Mousetis Website - https://www.tandemcenter.org/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@bettermonday.me…
1 Alternative Exit #12 | Building Stronger Companies Through Cooperative Transitions with Rob Brown 38:03
Episode Summary: In this episode of The Alternative Exit Podcast , host Andy Farquharson sits down with Rob Brown, Director of Business Ownership Solutions at the Cooperative Development Institute (CDI), to discuss the transformative power of employee ownership. Rob shares insights into how transitioning businesses to employee-owned cooperatives not only benefits employees but also builds stronger communities and ensures business continuity. From sharing real-world examples to outlining CDI’s comprehensive transition support, Rob explains the key factors that make employee-owned companies thrive. Tune in to hear Rob’s expert take on why employee ownership is more than just a financial decision—it’s a path to lasting legacy and stability. Key Takeaways: The mindset shift required for employees to see themselves as owners. Open-book management to create a culture of trust and engagement. The financial and interpersonal benefits of employee-owned cooperatives. The transition with CDI’s “soup-to-nuts” approach to support and training. The process of turning employees into credible, bankable buyers. Resources Mentioned: Democracy at Work Institute - https://institute.coop/ The Great Game of Business - https://www.greatgame.com/ About Rob Brown: Rob Brown is the director of Business Ownership Solutions at the Cooperative Development Institute. He is a nationally recognized expert in the field of cooperative ownership transitions and transaction development, and has assisted dozens of companies to explore, assess, structure and execute worker cooperative conversions. Rob has developed extensive programs of education, training, coaching and technical assistance for boards, management and members in new worker-owned cooperatives, and leads programs at the local, regional, and national level to educate and advise business owners on the exit planning process and options. Connect with Corey Rosen: Website - https://cdi.coop/ Connect with Andy Farquhason: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
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Alternative Exit
1 Alternative Exit #11 | A Path to Economic Equity and Community Empowerment with Maureen Conway 34:53
Episode Summary: In this episode of The Alternative Exit Podcast , Andy Farquharson hosts Maureen Conway, Vice President at the Aspen Institute and Executive Director of its Economic Opportunities Program. Together, they delve into the transformative potential of employee ownership, discussing how it addresses economic inequality, enhances job quality, and fosters long-term business competitiveness. Maureen shares her journey advocating for inclusive business models, highlights innovative initiatives from the Aspen Institute, and offers actionable advice for business owners considering transitioning to employee ownership. Packed with insights, this episode is a must-listen for anyone exploring sustainable business models and community impact. Tune in to discover how employee ownership can redefine success for companies and workers alike! Key Takeaways: The transformational power of employee ownership in building equitable economies. Myths about employee-owned companies and showcasing their scalability. Advice for business owners planning a transition to employee ownership. How employee ownership fosters civic engagement and strengthens communities. Systemic barriers that hinder the growth of employee ownership models. About Maureen Conway: Maureen Conway serves as vice president at the Aspen Institute and executive director of the Institute’s Economic Opportunities Program (EOP). EOP works to expand individuals’ opportunities to connect to quality work, start businesses, and build economic stability that provides the freedom to pursue opportunity. Maureen founded EOP’s Workforce Strategies Initiative and has headed up workforce research at the Aspen Institute since 1999. Maureen also curates a public discussion series at the Aspen Institute, Opportunity in America, which brings together voices from business, labor, policy, human services, media, academia, and others to discuss the challenges experienced by many in today’s labor markets and new ideas for addressing these challenges. In addition, Maureen oversees EOP’s leadership development programs, which connect innovators, both within communities and from across the country, to peers working to help low- and moderate-income Americans access opportunity. Connect with Maureen Conway: Website - https://www.aspeninstitute.org/people/maureen-conway/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
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Alternative Exit
In this episode of The Alternative Exit Podcast , Andy Farquharson sits down with Matt Hancock, a consultant at Praxis Consulting Group and co-founder of Chicago Tech Academy, to explore how organizations can create thriving ownership cultures. Matt shares his journey from Italy’s cooperative economy to working with U.S. employee-owned companies, offering invaluable insights into how leaders can foster innovation, resilience, and inclusivity in employee ownership. He discusses the building blocks of ownership culture, from education and leadership development to continuous improvement practices, and highlights the long-term benefits of investing in people. This episode is packed with actionable advice and thought-provoking stories that will inspire any business owner considering employee ownership. Don’t miss out on this engaging conversation—listen now to unlock the full potential of ownership culture! Key Takeaways: The essential link between rights and responsibilities in ownership culture. How education and leadership are the foundation of successful employee ownership. The transformative impact of continuous improvement practices in employee-owned companies. How transparency and financial literacy empower employees to think and act like owners. How aligning leadership values with organizational goals creates long-term resilience. About Matt Hancock: Matt Hancock helps organizations develop ownership cultures that are inclusive, resilient, and innovative. In addition to employee-owned firms, Matt has extensive experience working with labor-management partnerships and non-profit organizations in the United States and the European Union. Prior to joining Praxis, Matt co-founded Chicago Tech Academy (ChiTech), Chicago’s first technology-focused high school. Matt began his career in Bologna, Italy, where he earned a Master’s in Cooperative Economics from the University of Bologna. He authored a book, Compete to Cooperate, about the cooperative movement there. He holds a BA in history from Skidmore College, a Green Belt in Lean/Six Sigma and is the past Chair of The ESOP Association’s Ownership Culture Committee. Connect with Matt Hancock: Website - https://www.praxiscg.com/team/matthew-hancock-mba Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
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Alternative Exit
1 Alternative Exit #9 | Legacy, Empowering Teams, and Thriving Beyond Leadership with Simon Morton 40:34
Episode Summary: In this episode of The Alternative Exit Podcast , Andy Farquharson interviews Simon Morton, founder of Eyeful Presentations and author of Employee Ownership: A Guide to Transitioning from Boss to Benefactor . Simon shares his journey of transitioning his company to employee ownership after nearly two decades, highlighting the challenges, successes, and deeply personal motivations behind his decision. He provides actionable advice on leadership, communication, and creating a legacy through employee ownership, while also offering a candid look at the emotional and practical aspects of letting go. This episode is a treasure trove of insights for anyone considering employee ownership as an exit strategy. Tune in to hear Simon’s inspiring story and expert advice! Key Takeaways: The importance of strong leadership and coaching before transitioning to employee ownership. Open communication as the cornerstone of a successful employee ownership transition. How aligning personal and business goals creates a sustainable legacy. The transformative impact of empowering employees to think and act like owners. The balance between financial goals and the emotional satisfaction of leaving a lasting legacy. About Simon Morton: Simon Morton is an internationally recognized expert on presentation development, and is the founder of Eyeful Presentations, one of the top three presentation consultancy and design companies in the world. Serving customers from more than 20 countries via five global offices, Simon has worked with top brands and thought-leaders, helping them to develop presentations that get the job done. He is well known for his concept challenging views on modern business presentations and in this series, he discusses his book, ‘The Presentation Lab: Learn the Formula Behind Powerful Presentations’ with Grant Leboff. Connect with Simon Morton: Website - https://eyefulpresentations.com/ LinkedIn - https://www.linkedin.com/in/morts-uk/ Connect with Andy Farqurhason: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
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Alternative Exit
1 Alternative Exit #8 | Creating Lasting Legacies with Employee Ownership Trusts with Chris Budd 41:19
Episode Summary: In this episode of The Alternative Exit Podcast , Andy Farquharson interviews Chris Budd, founder of the Eternal Business Consultancy, to explore how employee ownership trusts (EOTs) can help business owners preserve their legacy and build enduring organizations. Chris shares his journey from business owner to employee ownership advocate, emphasizing the importance of planning, preparation, and engaging employees in the process. Through Chris’s insights, listeners gain a comprehensive view of EOTs as a viable path for business continuity and employee engagement. Don’t miss this episode for a deep dive into creating a lasting legacy through employee ownership. Key Takeaways: The importance of aligning purpose with employee ownership. How EOTs offer a path to sustainable legacy-building. Preparation to ensure smooth employee ownership transitions. How employee voice strengthens business culture. Guide founders on how to step back and let employees lead. Resources Mentioned: The Eternal Business - https://theeternalbusiness.com/the-book/ About Chris Budd: Chris started out as a self-employed independent financial adviser in 1998 (incorporating as Ovation on 1st January 2000) with a strong vision. At the time, financial advice was all about product sales and high up-front commissions. Chris believed that financial advice should be more about planning and a long-term relationship with clients. At the time, he was laughed at (quite literally) for these ideas. All these years later, Ovation delivers planning and advice in a way that makes Chris and our wonderful team very proud. The Managing Director of Ovation for 20 years, Chris also founded the Initiative for Financial Wellbeing, the Eternal Business Consultancy and the Backwell Flax Bourton Cricket Club youth section. Now, as Chair, Chris supports the amazing employees of Ovation. He loves the fact that everyone here believes in the core purpose he set out to achieve: helping clients to be happier. Connect with Chris Budd: LinkedIn - https://www.linkedin.com/in/chris-budd-80b75413/ Website - https://theeternalbusiness.com/ Connect with Andy Farquhason: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
A
Alternative Exit
Episode Summary: In this engaging episode of The Alternative Exit Podcast , Andy Farquharson interviews Matt Cropp, Executive Director of the Vermont Employee Ownership Center, who sheds light on the far-reaching impact of employee ownership on businesses, communities, and individual wealth. Matt shares stories from Vermont’s leading employee-owned companies, discussing the nuances of ESOPs versus worker cooperatives, and why these models lead to stronger communities and resilient companies. Dive in to discover how employee ownership is transforming business legacies and creating sustainable economic growth. Key Takeaways: How employee ownership deepens employees' connection to their work and community. The differences between ESOPs and worker cooperatives. How Vermont businesses succeed with employee ownership. The long-term community benefits of employee-owned businesses. How employee ownership builds retirement security and resilience in downturns. Resources Mentioned: Carris Reels - https://carris.com/ About Matt Cropp: Matt has been with the organization since 2014, where he has developed deep expertise in employee ownership while serving in a variety of roles before becoming Executive Director. Matt received his MA in History from UVM in 2011, where he studied economic history and the origins of cooperative finance. He's involved on a volunteer basis with a number of co-op projects, including as a board member of two real estate co-ops, as chair of an investment club, and as a member of a credit union supervisory committee. Matt lives in the New North End of Burlington with his partner and their son, and in his free time enjoys gardening, tinkering with electronics and sustainable energy tech, and spending nice days rolling around town on his bike at a leisurely pace. Connect with Matt Cropp: LinkedIn - https://www.linkedin.com/in/matt-cropp-9b9b5137/ Website - https://www.veoc.org/team Connect with Andy Farquhason: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
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Alternative Exit
1 #6 | Championing Employee Ownership Trusts to Revolutionize Wealth Distribution with Jon Shell 39:15
Episode Summary: In this episode of The Alternative Exit Podcast, Andy sits down with Jon Shell, Chair of Social Capital Partners, to explore the transformative potential of employee ownership. Jon shares insights from his journey in advocacy and policy, recounting how he’s championed for Employee Ownership Trusts (EOTs) in Canada to address wealth inequality and business succession. His experiences highlight the advantages of EOTs, from preserving a company’s legacy to fostering economic resilience in the workforce. Tune in to discover the future of ownership and its role in reshaping business culture and social equity. Key Takeaways: How Employee Ownership Trusts empower business owners to leave a lasting legacy. The role of employee ownership in combating wealth inequality. Canada’s steps toward adopting EOTs for sustainable economic transitions. The tangible impact of majority-owned employee businesses in economic recessions. How Social Capital Partners leverages ownership funds for wider social outcomes. Resources Mentioned: Capital in the Twenty-First Century - https://www.amazon.com/Capital-Twenty-Century-Thomas-Piketty/dp/067443000X About Jon Shell: Jon Shell is Chair of Social Capital Partners (SCP) and has been advocating to bring Employee Ownership Trusts to Canada since the release of SCP’s report Building an Employee Ownership Economy in 2020. He’s a former small business owner and co-founder of the Canadian Employee Ownership Coalition. Jon was Managing Director of SCP from 2017-2023, leading the transition to our Ownership Agenda. He spent most of his career in the private sector before joining SCP, founding and growing successful companies in both Canada and Australia. Jon co-founded both Save Small Business and the Canadian Employee Ownership Coalition. Jon was first introduced to SCP when Bill supported a volunteer entrepreneurship project he was leading in Kenya in 2008. He received a BA from Queen’s University and an MBA from the Richard Ivey School of Business at Western University. Connect with Jon Shell: LinkedIn - https://www.linkedin.com/in/jon-shell-8952491 Website - https://www.socialcapitalpartners.ca/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
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Alternative Exit
Episode Summary: In this episode of The Alternative Exit Podcast, host Andy Farquharson talks with Derek Razo, Co-Founder and Managing Partner of Common Trust, about the transformative role of Employee Ownership Trusts (EOTs) in helping business owners transition ownership to employees while preserving company legacy and culture. Derek highlights the benefits of EOTs as an effective alternative to traditional exits, especially for small to mid-sized businesses, and shares how this model fosters a culture of collective ownership and profit-sharing. Join the conversation to understand how EOTs are not only changing business succession but also reshaping communities by promoting shared wealth. Key Takeaways: How EOTs empower employees to share in the company’s success. How employee ownership helps preserve business legacy and culture. Why EOTs are more accessible and scalable than ESOPs. How employee ownership transforms communities by creating local wealth. The essential role of an ownership culture in driving business resilience. Resources Mentioned: Text-Em-All - https://www.youtube.com/@TextEmAll About Derek Razo: Derek Razo, Co-founder and Managing Partner at Common Trust, is a leading expert in steward ownership transitions and has been instrumental in advancing the movement for purpose-driven business structures since 2016. He has co-founded influential organizations like Purpose International and Purpose US, which popularized the use of Perpetual Purpose Trusts for mission protection. He has served as an investor, advisor, and delivery partner for businesses shifting to stakeholder and purpose ownership models. With a computer science and business background from UC Berkeley, Derek’s diverse experience spans from founding cooperative and open source businesses to collaborating on community-led projects in affordable housing and indigenous-led funds. Connect with Derek Razo: LinkedIn - https://www.linkedin.com/in/derek-razo-b758a7270/ Website - https://www.common-trust.com/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
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Alternative Exit
Episode Summary: In this episode of The Alternative Exit, Andy talks to Professor Ajay Bhalla, PhD, a Professor of Family Business at Bayes Business School and an expert in employee ownership. Ajay discusses the profound benefits and challenges of transitioning businesses to employee-owned models, drawing from both research and real-world examples, such as John Lewis and Make Architects. He emphasizes the importance of aligning employee ownership with company culture, maintaining profitability, and ensuring legacy. Ajay also explores how businesses can overcome financial challenges during this transition, with the right planning and external support. Don't miss this episode if you're curious about how employee ownership can boost engagement, foster innovation, and preserve business legacy. Key Takeaways: How successful employee ownership requires founders to trust in the profitability and sustainability of the business. Understanding the critical role that creating a strong employee culture plays in successful ownership transitions. Discovering how external patient capital can bridge the gap in financing employee buyouts. Learning about the flexibility and creativity employee-owned businesses gain during economic downturns. The importance of starting the transition to employee ownership early for a smooth and profitable process. Resources Mentioned: Employee Ownership Association in the UK - https://employeeownership.co.uk/ About Ajay Balla: Born into a third generation family business in India, Ajay is regarded as one of the leading global experts on family businesses and strategy. Over the past 25 years, Ajay has worked closely with family businesses across the world, advising them on issues ranging from family governance, succession, next generation engagement to digital transformation. He is currently a Chaired Professor of Family Business & Innovation and Director of Family Business Centre at Bayes Business School of City, University of London. He also sits on the board of Institute for Family Business (IFB) Research Foundation. His work stream on ownership has helped shape British government’s policy on promoting employee ownership. He has won multiple awards for his research including the most prestigious award for producing impactful research from Academy of Management and Charted Management Institute (CMI). Winner of multiple teaching awards, he is most passionate about helping next generation leaders build resilient family businesses. He is the co-author of Amazon Best-seller: The Resilient Decision Maker: Navigating Challenges in Business and Life. Connect with Ajay Balla: LinkedIn - https://www.linkedin.com/in/ajaybhalla/ Website - https://www.ajaybhalla.org/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
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Alternative Exit
In this episode of The Alternative Exit, Andy sits down with James De le Vingne, CEO of the Employee Ownership Association in the UK, to discuss the rise of employee ownership as a viable business model for succession. James shares how the introduction of the Employee Ownership Trust (EOT) has transformed the landscape for SMEs, allowing businesses to become financially free while benefiting employees and local communities. With examples of thriving employee-owned companies and discussions on the challenges and flexibility of the model, this conversation is a deep dive into the future of work and ownership. Tune in to learn why employee ownership might just be the future of business success. Key Takeaways: The flexibility of employee ownership models which allows businesses to customize them to fit their unique needs. How employee ownership shifts employee mindsets and improves workplace culture. Exploring how the Employee Ownership Trust (EOT) can help businesses achieve financial freedom while benefiting employees. The role of supportive legislation and professional services in facilitating the adoption of employee ownership models. Real-life examples of businesses thriving after transitioning to employee ownership and clearing their founder’s debt. About James De le Vingne: James is Chief Executive of the Employee Ownership Association, the UK’s leading voice on employee ownership, representing a sector that contributes between £30 to 40 bn a year to UK GDP as well as a membership organisation for UK businesses of private or public sector origin, that are wholly or partially owned by their employees. Previously James was Head of Development at Co-operatives UK and has a background in international development and local economic development. James is a Board member of Scotland for EO, an Executive Fellow of the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University and an RSA Fellow. Connect with James De le Vingne: LinkedIn - https://www.linkedin.com/in/james-delevingne/ Website - https://employeeownership.co.uk/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
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Alternative Exit
Episode Summary: In this engaging episode of The Alternative Exit Podcast, host Andy interviews John Abrams, President and CEO of South Mountain Company, to explore the transformative power of employee ownership. John shares his company’s journey from a traditional business model to becoming an employee-owned cooperative, detailing the challenges, rewards, and cultural shifts involved. Through personal anecdotes and decades of experience, he illustrates how employee ownership fosters commitment, builds community, and creates a lasting positive impact. Tune in to hear John's insights on reshaping business leadership through shared responsibility and ownership. Key Takeaways: Learning how employee ownership transforms commitment and leadership within a company. Hearing the real-life challenges of transitioning from sole ownership to a worker cooperative. Understanding the role employee ownership plays in building a sustainable, community-driven company. Discovering the long-term impact of shared ownership on company culture and leadership succession. Resources Mentioned: The Company We Keep: Reinventing Small Business for Community, People and Place By John Abrams - https://www.amazon.com/Company-We-Keep-Reinventing-Community/dp/193149873 3 About John Abrams: John Abrams is the President and CEO of South Mountain Company, Inc., a forty-year-old employee-owned design and building company located on the island of Martha’s Vineyard, Massachusetts and the author of The Company We Keep: Reinventing Small Business for Community, People and Place (Chelsea Green Publishing, 2005). South Mountain Company is committed to a Triple Bottom Line, which means that people, planet, and profit are all equally important to them – balancing profits with environmental restoration, social justice, and community engagement. He’s also the Co-founder of Building Energy Bottom Lines (a peer group network of 60+ Northeast U.S. businesses in the architecture and construction industry), and I engage in a variety of forms of community activism, mostly involving affordable housing. John serves on the steering committee and executive committee of The Coalition to Create the Martha’s Vineyard Housing Bank and the board of Camp Jabberwocky. Connect with John Abrams: LinkedIn - https://www.linkedin.com/in/john-abrams-3bb94683/ Websites - https://www.southmountain.com/ and https://abramsangell.com/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
In this insightful episode of Alternative Exit , Andy chats with Corey Rosen, the Founder of the National Center for Employee Ownership (NCEO), to discuss the transformative power of employee ownership. Corey shares over 40 years of expertise, touching on the evolution of Employee Stock Ownership Plans (ESOPs), their role in enhancing employee engagement, and how they can be a practical and politically supported solution for business transitions. He also delves into the benefits of ownership culture for workers, businesses, and communities. Tune in to discover how employee ownership can revolutionize both businesses and the lives of employees, and why it might just be the solution many companies are looking for. Key Takeaways: The advantages of employee ownership in fostering a more equitable workplace and wealth distribution. Transforming companies by combining real ownership with high-involvement management systems. How tax benefits and ESOPs make employee ownership a practical exit strategy for business owners. Empowering employees by granting them access to critical financial information and involving them in decision-making processes. An overview of how employee ownership boosts productivity, reduces turnover, and promotes a stronger sense of community. Resources Mentioned: Beyond Engagement By Corey Rosen - https://www.amazon.com/Beyond-Engagement-Make-Business-Factory/dp/193822096X Equity: Why Employee Ownership is Good for Business By Corey Rosen, John Case, and Martin Staubus - https://www.amazon.com/Equity-Employee-Ownership-Good-Business/dp/1591393310 Employee Ownership in America by Corey Rosen, Katherine J. Klein, and Karen M. Young - https://www.amazon.com/Employee-Ownership-America-Organization-Management/dp/0669103071 About Corey Rosen: Corey Rosen is the Founder and an active staff member of the National Center for Employee Ownership (NCEO), a private, nonprofit membership, information, and research organization in Oakland, California. The NCEO is widely considered to be the authoritative source on broad-based employee ownership plans. He co-founded the NCEO in 1981 after working five years as a professional staff member in the U.S. Senate, where he helped draft legislation on employee ownership plans. He is the author or co-author of over 100 articles and numerous books on employee ownership, and co-author (with John Case and Martin Staubus) of Equity: Why Employee Ownership is Good for Business (Harvard Business School Press, 2005). He has appeared frequently on CNN, PBS, NPR, MSNBC, and other network programs; and is regularly quoted in the Wall Street Journal, the New York Times, BusinessWeek, and other leading publications. He has lectured on employee ownership on six continents. Connect with Corey Rosen: LinkedIn - https://www.linkedin.com/in/corey-rosen-3a8a8a4/ Website - https://www.nceo.org/ Connect with Andy Farquharson: LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - andy@abettermonday.me…
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