The How, Why, and When it Makes Sense to Convert Your Company to an ESOP

A good CEO is always looking for ways to inspire his team and encourage employees to take ownership of their work. One way to do that? Let your employees earn some real ownership. Top young talents want to feel like they're a real part of the companies they work for. More and more CEOs are setting up Employee Stock Ownership Plans (ESOPs) to provide that incentive, that motivation, and that feeling of being a part of something BIGGER than profit. On today's show, Adam and Jason Svet discuss the business and culture fit issues that CEOs who are interested in an ESOP should consider. They also talk about the nuts and bolts process of setting up an ESOP and how going through the process helped them to put their company's values in action and get their employees thinking and working BIG.