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 #17 | The Barriers to Employee Ownership for SMB
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