In a recent episode of The Alternative Exit Podcast, host Andy Farquharson sat down with Drew Mousetis, Executive Director of the Tandem Center for Shared Business Success. Drew shared his transformative experience at Cargas, where he developed expertise in direct employee ownership models. The conversation highlighted how employee ownership creates shared success while keeping businesses rooted in their communities.
Over the course of the conversation, Drew outlined several guiding principles of effective employee ownership, including the importance of educating team members about company financials and operational data. He distinguished between employee stock ownership plans (ESOPs) and other ownership models, breaking down the five distinct stages of employee ownership. Throughout the interview, Drew's passion for creating businesses where success is shared among all contributors demonstrated why this approach continues to gain traction as an alternative to traditional exit strategies for business owners.
Click here to listen to the full podcast. To learn more about Tandem, visit its website.