On this mailbag episode of the Growing with Purpose podcast, host Paul Spiegelman speaks with Corey Rosen to answer listener questions about the world of employee ownership. Corey is the founder of the National Center for Employee Ownership (NCEO), a nonprofit membership and research organization that is an authoritative source on broad-based employee ownership plans.
Corey founded NCEO in 1981 after working as a staff member in the US Senate, where he was first introduced to and intrigued by the concept of employee ownership. As he tells us, employee ownership was legislatively recognized in 1974, and is a unique topic in US politics because ever since its conception, it has been consistently favored by both major parties. Despite employee ownership being politically practical, financially strategic, and allowing economics to become more equitable, there are still misconceptions on the topic hindering it from becoming more widespread.
In this episode, Corey helps us to understand the origins of employee ownership, the different variations, including ESOPs and purpose trusts, and what types of companies are good candidates for them. We’ll also dig into dispelling some of the myths around ESOPs, and the many benefits your company may see from adopting an employee ownership structure.
If you still have more questions on the subject after listening to the episode, consider checking out the NCEO website for free resources, or read Corey’s recent book, written with John Case, titled Ownership: Reinventing Companies, Capitalism, and Who Owns What.
Chelle Neff: Changing the industry, one haircut at a time
Britt Wiedemann: A Teacher, Mountain Guide, and Restaurateur Walk into a Bar…
Tony + Tony Sr. Maione: Making a Father-Son Business Shine
Jean Pitzo: Building a Culture of Conscious Intelligence
Heidi Baumgart: Empathy and Elbow Grease
Eric Jones: The heavy lifting of purposeful leadership
Andrew Barry: Building a Culture of Learning
Jason Fried: ”Out-teaching” the Competition
Beck Sydow: Removing the Mask
Carl Erickson: Give a Sh*t
Lauren Adams: Financials with Heart
Taylor Vanden Hoek: Problem-Solving Through Art
Devyn Bachman: On the Road Again
Lauren Eckhardt: ”You don’t have to be a celebrity to share your life journey.”
Aaron Montgomery: Making Car Dealerships Fun
Hai Nguyen: The Amateur Aficionado
Massimo Backus: Finding Integrity Through Vulnerability
Valerie Webster: Learning Through the Ups and Downs
Eric Rieger: Unpacking the Past
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
The Commercial Edge: Unleash the Power of People
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
Habits and Hustle