Alternative Exit
Alternative Exit is a dedicated to educating small business owners about the possibilities, benefits, and challenges of transitioning to an employee ownership model.
There are over 200m SMEs with an owner who will be retiring in the next 10 years, many of which will never find a buyer for their business, forcing them to close their doors.
There is an alternative. This show will explore various the different forms of employee ownership and best practices for successful transitions.
Each episode features interviews with experts in employee ownership, business owners who have made the transition, and consultants who facilitate these changes.
Alternative Exit
Alternative Exit #13 | How Can Employees Adopt the Direct Employee Ownership Model?
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