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How to Build a $100m Holdco: The Power of ESOPs

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Manage episode 477512520 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Register for the webinar:

With 300 employees across 5 companies, the holdco that Chris Fredericks is building has an uncommon feature at its core.

Topics in Chris’s interview:

  • What is an Employee Stock Ownership Program (ESOP)?
  • Finding purpose and meaning at work
  • Concept of dignity at work
  • What ESOP employees do and don’t vote on
  • Using an internal podcast to communicate about employee ownership
  • Mitigating risks in ESOPs
  • Employee reactions to being acquired
  • Selling employees on the ESOP concept
  • His role as investor, not operator
  • Keeping a bad hire for too long

References and how to contact Chris:

Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd:

Download the New CEO’s Guide to Human Resources from Aspen HR:

Get a free review of your books & financial ops from System Six (a $500 value):

Get a complimentary IT audit of your target business:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

  continue reading

355 episodes

Artwork
iconShare
 
Manage episode 477512520 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Register for the webinar:

With 300 employees across 5 companies, the holdco that Chris Fredericks is building has an uncommon feature at its core.

Topics in Chris’s interview:

  • What is an Employee Stock Ownership Program (ESOP)?
  • Finding purpose and meaning at work
  • Concept of dignity at work
  • What ESOP employees do and don’t vote on
  • Using an internal podcast to communicate about employee ownership
  • Mitigating risks in ESOPs
  • Employee reactions to being acquired
  • Selling employees on the ESOP concept
  • His role as investor, not operator
  • Keeping a bad hire for too long

References and how to contact Chris:

Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd:

Download the New CEO’s Guide to Human Resources from Aspen HR:

Get a free review of your books & financial ops from System Six (a $500 value):

Get a complimentary IT audit of your target business:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

  continue reading

355 episodes

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