The Ownership Mindset

Why do some people naturally step up like owners while others avoid responsibility?

In this episode, Coach John Lund sits down with Byron McFarland, a leading expert in exit strategy, succession planning, and M&A readiness. Byron shares what he has learned from years of assessing leadership teams and explains the real behaviors that define an ownership mindset.

They also dive into expectancy theory, a practical way to predict whether a leader or team will truly pursue a goal before you commit to it in planning.

💡 In this episode:

• The five behaviors that signal a true owner mindset
• How to use the Ownership Mindset Assessment with your team
• Why “owner like” employees are most likely to get recruited by private equity
• How expectancy theory reveals if a goal will stick or stall
• Tips for structuring incentives that actually motivate