Financial Rewards in Worker-Owned Enterprises - Part 1

The Mindful Marketplace with Joel Skene

Discover how employee ownership can reshape the business landscape and drive social change! Join me, Joel Skeen on the Mindful Marketplace, as I sit down with Alison Lingange, the brilliant co-founder of Project Equity and the Ownership Capital Lab. Throughout our conversation, we'll uncover how democratic business models are making a difference for companies and employees alike. From the inspiring story of the Industrial Commons' role in the textile circular economy to the groundbreaking antitrust lawsuit against Apple, we cover a broad spectrum of topics that reflect the evolving dynamics of today's marketplace. Plus, get practical tips on managing personal and business debt amidst the growing credit card usage among Gen Z.
Is employee ownership too complex or just a myth? Think again! In this episode, we debunk common misconceptions about Employee Stock Ownership Plans (ESOPs) and illustrate their numerous benefits. Hear firsthand how New Belgium Brewery's transition led to financial rewards for its employees, and learn why employee-owned businesses often outperform their peers. We'll also break down the mechanics behind financing these transitions, showing that substantial personal savings aren't necessary for success. Don't miss out on this enlightening discussion about the future of employee ownership and its potential to transform the business world for the better.
https://project-equity.org/press-releases/project-equity-co-founder-alison-lingane-announces-transition/

https://project-equity.org/

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Chapter

1. Employee Ownership and Social Impact (00:00:00)

2. Employee Ownership Myths Debunked (00:16:10)

3. Financing Employee Ownership Transitions (00:21:23)