Podcasts about Profit sharing

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Best podcasts about Profit sharing

Latest podcast episodes about Profit sharing

Divorce Master Radio
What Happens to Business Partnerships When Divorce is Finalized? | Los Angeles Divorce

Divorce Master Radio

Play Episode Listen Later May 16, 2025 2:11


The Conscious Capitalists
What Enron, Layoffs & Love Taught CEO of Improving, Curtis Hite

The Conscious Capitalists

Play Episode Listen Later May 12, 2025 59:35


What happens when you combine trust, tech, and a deep commitment to doing business the right way? You get Curtis Hite, CEO and Chairman of Improving, a software consulting company that's turning heads—not just for their tech chops, but for how they treat people.In this episode of The Conscious Capitalists, Timothy Henry and Raj Sisodia chat with Curtis about his inspiring journey from the high-stakes world of Enron to becoming a champion of Conscious Capitalism. He shares how a few key moments—including a powerful Speed of Trust event and attending the Conscious Capitalism CEO Summit—changed the way he leads and lives.Curtis gets real about the need to change the game in tech, especially when it comes to creating more space for Hispanic, Black, and female professionals in an industry that desperately needs more diversity, equity, and inclusion. He talks about what it takes to build a business that people actually want to work for—think profit-sharing, transparency, and a big helping of trust.From surviving corporate chaos to learning how to lean into pain (yes, really), Curtis doesn't hold back. He even shares his morning routine and the books that keep him grounded. This episode is packed with personal stories, powerful leadership lessons, and a refreshing dose of optimism for what capitalism can look like when it's done consciously.**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction to Improving's Mission00:50 Welcome to The Conscious Capitalists01:22 Introducing Curtis Hite02:49 Curtis Hite's Journey to Conscious Capitalism05:45 Implementing Conscious Capitalism at Improving09:21 Curtis Hite's Entrepreneurial Beginnings11:50 Using Negative Emotions for Growth16:20 Overcoming Business Challenges23:12 Trust and Leadership at Improving25:30 Stakeholder Philosophy and Community Engagement30:59 The Secret to Employee Engagement31:15 Balancing Freedom and Equality in Business32:15 Inspiration Over Obligation33:02 Spirituality in Leadership35:36 Celebrating and Elevating Capitalism39:35 The Role of Stakeholders43:08 Addressing Diversity and Inclusion46:15 Profit Sharing and Employee Ownership53:00 Preparing for Economic Uncertainty55:40 Rapid Fire Questions and Closing Remarks

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program
Owning It: Experiences from the Front Lines of Employee Ownership

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program

Play Episode Listen Later May 9, 2025 47:58


Tens of millions of employee-owners go to work every day in the US. What they experience is often different from the rest of the workforce in terms of the financial rewards they receive, the culture they operate within, and the roles and responsibilities they assume. These experiences offer a different vision for our economy and our approach to work in the US. In this discussion from the 2025 Employee Ownership Ideas Forum, we hear from employee-owners about their experiences with ownership and the effects it has had on their lives and communities. Panelists discuss how ownership affects their job quality, their performance, their relationship with their company, and their perspectives on other outcomes from employee ownership.For additional resources, visit our website: https://www.aspeninstitute.org/videos/owning-it-experiences-from-the-front-lines-of-employee-ownership/Or subscribe to our podcast and listen on the go: https://creators.spotify.com/pod/profile/aspeneop/For other session videos, visit the Aspen Institute Economic Opportunities Program on YouTube: https://www.youtube.com/@aspeneopThe 2025 Employee Ownership Ideas Forum took place on April 9-10, 2025, virtually and in Washington DC. The Forum is proudly co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.This year's theme, “From Workers to Owners,” highlights how the experience of ownership changes the reality of work for workers. The forum highlights companies in a range of business sectors and explores how employee ownership fits their business strategy and approach to business leadership. We also discuss the particular role employee ownership can play in supporting business success, and we consider the role institutional investors can play in improving capital access for employee ownership conversions and expansions.For more information about the Employee Ownership Ideas Forum, including our speakers, agenda, and additional resources, visit our website: https://www.aspeninstitute.org/events/employee-ownership-ideas-forum-2025/

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program
Louisiana Senator Bill Cassidy Speaks at the 2025 Employee Ownership Ideas Forum

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program

Play Episode Listen Later May 9, 2025 4:53


In this clip, Louisiana Senator Bill Cassidy speaks at the 2025 Employee Ownership Ideas Forum. For additional resources, visit our website: https://www.aspeninstitute.org/videos/louisiana-senator-bill-cassidy-speaks-at-the-2025-employee-ownership-ideas-forum/Or subscribe to our podcast and listen on the go: https://creators.spotify.com/pod/profile/aspeneop/For other session videos, visit the Aspen Institute Economic Opportunities Program on YouTube: https://www.youtube.com/@aspeneopThe 2025 Employee Ownership Ideas Forum took place on April 9-10, 2025, virtually and in Washington DC. The Forum is proudly co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.This year's theme, “From Workers to Owners,” highlights how the experience of ownership changes the reality of work for workers. The forum highlights companies in a range of business sectors and explores how employee ownership fits their business strategy and approach to business leadership. We also discuss the particular role employee ownership can play in supporting business success, and we consider the role institutional investors can play in improving capital access for employee ownership conversions and expansions.For more information about the Employee Ownership Ideas Forum, including our speakers, agenda, and additional resources, visit our website: https://www.aspeninstitute.org/events/employee-ownership-ideas-forum-2025/

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program
Expanding ESOPs' Danny Massey Speaks at the 2025 Employee Ownership Ideas Forum

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program

Play Episode Listen Later May 9, 2025 13:06


In this clip, Expanding ESOPs' Danny Massey speaks at the 2025 Employee Ownership Ideas Forum. For additional resources, visit our website: https://www.aspeninstitute.org/videos/expanding-esops-danny-massey-speaks-at-the-2025-employee-ownership-ideas-forum/Or subscribe to our podcast and listen on the go: https://creators.spotify.com/pod/profile/aspeneop/For other session videos, visit the Aspen Institute Economic Opportunities Program on YouTube: https://www.youtube.com/@aspeneopThe 2025 Employee Ownership Ideas Forum took place on April 9-10, 2025, virtually and in Washington DC. The Forum is proudly co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.This year's theme, “From Workers to Owners,” highlights how the experience of ownership changes the reality of work for workers. The forum highlights companies in a range of business sectors and explores how employee ownership fits their business strategy and approach to business leadership. We also discuss the particular role employee ownership can play in supporting business success, and we consider the role institutional investors can play in improving capital access for employee ownership conversions and expansions.For more information about the Employee Ownership Ideas Forum, including our speakers, agenda, and additional resources, visit our website: https://www.aspeninstitute.org/events/employee-ownership-ideas-forum-2025/

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program
ESOP Association President Jim Bonham Speaks at the 2025 Employee Ownership Ideas Forum

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program

Play Episode Listen Later May 2, 2025 13:21


In this clip, ESOP Association President Jim Bonham speaks at the 2025 Employee Ownership Ideas Forum. For additional resources, visit our website: https://www.aspeninstitute.org/videos/esop-association-president-jim-bonham-speaks-at-the-2025-employee-ownership-ideas-forum/ Or subscribe to our podcast and listen on the go: https://creators.spotify.com/pod/profile/aspeneop/For other session videos, visit the Aspen Institute Economic Opportunities Program on YouTube: https://www.youtube.com/@aspeneopThe 2025 Employee Ownership Ideas Forum took place on April 9-10, 2025, virtually and in Washington DC. The Forum is proudly co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.This year's theme, “From Workers to Owners,” highlights how the experience of ownership changes the reality of work for workers. The forum highlights companies in a range of business sectors and explores how employee ownership fits their business strategy and approach to business leadership. We also discuss the particular role employee ownership can play in supporting business success, and we consider the role institutional investors can play in improving capital access for employee ownership conversions and expansions.For more information about the Employee Ownership Ideas Forum, including our speakers, agenda, and additional resources, visit our website: https://www.aspeninstitute.org/events/employee-ownership-ideas-forum-2025/

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program
Securing The Future of America's Critical Industries through Employee Ownership

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program

Play Episode Listen Later May 2, 2025 51:28


In the wake of supply chain shocks, increased global competition, and fears of global conflict, policymakers over the last several years have made concerted efforts to strengthen our manufacturing and industrial base, as well as protect and advance high-tech sectors. As the country seeks to further develop and retain these strong assets, many are concerned that a large wave of retiring business owners in manufacturing and the uncertainties of ownership and leadership in the tech sector could lead to the loss of many of these businesses through closure, offshoring, or sales to parties that are unlikely to maintain US operations. In this discussion from the 2025 Employee Ownership Ideas Forum, panelists discuss the critical role these industries play and how employee ownership can potentially help strengthen and retain these important sectors and the jobs they provide.For additional resources, visit our website: https://www.aspeninstitute.org/videos/securing-the-future-of-americas-critical-industries/ Or subscribe to our podcast and listen on the go: https://creators.spotify.com/pod/profile/aspeneop/For other session videos, visit the Aspen Institute Economic Opportunities Program on YouTube: https://www.youtube.com/@aspeneopThe 2025 Employee Ownership Ideas Forum took place on April 9-10, 2025, virtually and in Washington DC. The Forum is proudly co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.This year's theme, “From Workers to Owners,” highlights how the experience of ownership changes the reality of work for workers. The forum highlights companies in a range of business sectors and explores how employee ownership fits their business strategy and approach to business leadership. We also discuss the particular role employee ownership can play in supporting business success, and we consider the role institutional investors can play in improving capital access for employee ownership conversions and expansions.For more information about the Employee Ownership Ideas Forum, including our speakers, agenda, and additional resources, visit our website: https://www.aspeninstitute.org/events/employee-ownership-ideas-forum-2025/

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program
Massachusetts Congresswoman Lori Trahan Speaks at the 2025 Employee Ownership Ideas Forum

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program

Play Episode Listen Later May 2, 2025 5:30


In this clip, Massachusetts Congresswoman Lori Trahan speaks at the 2025 Employee Ownership Ideas Forum. For additional resources, visit our website: https://www.aspeninstitute.org/videos/massachusetts-congresswoman-lori-trahan-speaks-at-the-2025-employee-ownership-ideas-forum/Or subscribe to our podcast and listen on the go: https://creators.spotify.com/pod/profile/aspeneop/For other session videos, visit the Aspen Institute Economic Opportunities Program on YouTube: https://www.youtube.com/@aspeneopThe 2025 Employee Ownership Ideas Forum took place on April 9-10, 2025, virtually and in Washington DC. The Forum is proudly co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.This year's theme, “From Workers to Owners,” highlights how the experience of ownership changes the reality of work for workers. The forum highlights companies in a range of business sectors and explores how employee ownership fits their business strategy and approach to business leadership. We also discuss the particular role employee ownership can play in supporting business success, and we consider the role institutional investors can play in improving capital access for employee ownership conversions and expansions.For more information about the Employee Ownership Ideas Forum, including our speakers, agenda, and additional resources, visit our website: https://www.aspeninstitute.org/events/employee-ownership-ideas-forum-2025/

Work For Humans
How Employee Ownership Could Save America's Democracy | Joseph Blasi

Work For Humans

Play Episode Listen Later Apr 29, 2025 69:48


What do the drafters of the U.S. Constitution, 19th-century industrialists, and a modern defense contractor have in common? According to economic sociologist Joseph Blasi, they all believed in one powerful idea: that democracy itself depends on ownership, and that ownership should be broadly shared. He argues that if we want work to truly work for humans, we need to think beyond job design to a more fundamental question: Who owns the value that work creates? In this episode, Dart and Joe tell the story of shared ownership, from 1700s fishing crews and America's founding ideals to an $8 billion worker-owned defense contractor, and what it means for the future of work.Joseph Blasi is a Distinguished Professor at the Rutgers School of Management and Labor Relations, where he studies the economic sociology of corporations, governance, and the workplace. He is director of the Institute for the Study of Employee Ownership and Profit Sharing and co-author of The Citizen's Share.In this episode, Dart and Joe discuss:- How democracy depends on shared ownership- The surprising history of profit-sharing on cod fishing ships- How early U.S. policies supported worker ownership- Why ESOPs work and where they fall short- The role of tax policy in spreading employee ownership- What the founders envisioned for property and citizenship- How wealth distribution shapes democratic institutions- Does America have enough ownership to sustain democracy?- And other topics...Joseph Blasi is a Distinguished Professor at the School of Management and Labor Relations at Rutgers University. He directs the Institute for the Study of Employee Ownership and Profit Sharing and is a leading scholar in the economic sociology of corporations and the future of work. He is the co-author of several books, including The Citizen's Share, Shared Capitalism at Work, and In the Company of Owners. His research has shaped public policy on employee ownership and equity compensation in the U.S. and internationally.Resources Mentioned:The Citizen's Share: Reducing Inequality in the 21st Century, by Joseph R. Blasi, Richard B. Freeman, and Douglas L. Kruse: https://www.amazon.com/Citizens-Share-Reducing-Inequality-Century/dp/0300209339Rutgers Institute for the Study of Employee Ownership and Profit Sharing: https://smlr.rutgers.edu/content/institute-study-employee-ownership-and-profit-sharingESOP Association: https://www.esopassociation.org/Connect with Joseph:LinkedIn: https://www.linkedin.com/in/joseph-blasi-870102111/Work with Dart:Dart is the CEO and co-founder of the work design firm 11fold. Build work that makes employees feel alive, connected to their work, and focused on what's most important to the business. Book a call at 11fold.com.

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program
Maureen Conway and Joseph Blasi Give Opening Remarks at the 2025 Employee Ownership Ideas Forum

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program

Play Episode Listen Later Apr 25, 2025 12:40


In this clip, the Aspen Institute's Maureen Conway and Rutgers University's Joseph Blasi give opening remarks at the 2025 Employee Ownership Ideas Forum. For a transcript and additional resources, visit our website: https://www.aspeninstitute.org/videos/maureen-conway-and-joseph-blasi-give-opening-remarks-at-the-2025-employee-ownership-ideas-forum/ Or subscribe to our podcast and listen on the go: https://creators.spotify.com/pod/profile/aspeneop/For other session videos, visit the Aspen Institute Economic Opportunities Program on YouTube: https://www.youtube.com/@aspeneopThe 2025 Employee Ownership Ideas Forum took place on April 9-10, 2025, virtually and in Washington DC. The Forum is proudly co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.This year's theme, “From Workers to Owners,” highlights how the experience of ownership changes the reality of work for workers. The forum highlights companies in a range of business sectors and explores how employee ownership fits their business strategy and approach to business leadership. We also discuss the particular role employee ownership can play in supporting business success, and we consider the role institutional investors can play in improving capital access for employee ownership conversions and expansions.For more information about the Employee Ownership Ideas Forum, including our speakers, agenda, and additional resources, visit our website: https://www.aspeninstitute.org/events/employee-ownership-ideas-forum-2025/

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program
AEI's Alex Brill Speaks at the 2025 Employee Ownership Ideas Forum

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program

Play Episode Listen Later Apr 25, 2025 13:19


In this clip, AEI'S Alex Brill speaks at the 2025 Employee Ownership Ideas Forum. For a transcript and additional resources, visit our website: https://www.aspeninstitute.org/videos/aeis-alex-brill-speaks-at-the-2025-employee-ownership-ideas-forum/ Or subscribe to our podcast and listen on the go: https://creators.spotify.com/pod/profile/aspeneop/For other session videos, visit the Aspen Institute Economic Opportunities Program on YouTube: https://www.youtube.com/@aspeneopThe 2025 Employee Ownership Ideas Forum took place on April 9-10, 2025, virtually and in Washington DC. The Forum is proudly co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.This year's theme, “From Workers to Owners,” highlights how the experience of ownership changes the reality of work for workers. The forum highlights companies in a range of business sectors and explores how employee ownership fits their business strategy and approach to business leadership. We also discuss the particular role employee ownership can play in supporting business success, and we consider the role institutional investors can play in improving capital access for employee ownership conversions and expansions.For more information about the Employee Ownership Ideas Forum, including our speakers, agenda, and additional resources, visit our website: https://www.aspeninstitute.org/events/employee-ownership-ideas-forum-2025/

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program
Fireside Chat: The Employee Ownership Advantage — Employee Ownership Ideas Forum 2025

Opportunity in America - Events by the Aspen Institute Economic Opportunities Program

Play Episode Listen Later Apr 25, 2025 32:32


A depth of research shows the impacts employee ownership can have on company performance when it is combined with efforts to increase employee participation in solving company problems. Higher productivity, lower employee turnover, and greater resilience to economic downturns are all common outcomes of many employee-owned firms. However, greater employee involvement, when combined with ownership, also offers potential for other benefits, including enhanced innovation and problem-solving. The result is that some of the strongest performing and most resilient businesses in the US are employee-owned. In this conversation from the 2025 Employee Ownership Ideas Forum, leaders from employee-owned companies discuss how ownership drives business success.For a transcript and additional resources, visit our website: https://www.aspeninstitute.org/videos/fireside-chat-the-ownership-advantage/Or subscribe to our podcast and listen on the go: https://creators.spotify.com/pod/profile/aspeneop/For other session videos, visit the Aspen Institute Economic Opportunities Program on YouTube: https://www.youtube.com/@aspeneopThe 2025 Employee Ownership Ideas Forum took place on April 9-10, 2025, virtually and in Washington DC. The Forum is proudly co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.This year's theme, “From Workers to Owners,” highlights how the experience of ownership changes the reality of work for workers. The forum highlights companies in a range of business sectors and explores how employee ownership fits their business strategy and approach to business leadership. We also discuss the particular role employee ownership can play in supporting business success, and we consider the role institutional investors can play in improving capital access for employee ownership conversions and expansions.For more information about the Employee Ownership Ideas Forum, including our speakers, agenda, and additional resources, visit our website: https://www.aspeninstitute.org/events/employee-ownership-ideas-forum-2025/

Autoline Daily - Video
AD #4032 - Tariffs Threaten UAW Profit Sharing Checks; Stellantis' Q1 Shipments Slide 9%; EU and China In Talks to End EU Car Tariffs

Autoline Daily - Video

Play Episode Listen Later Apr 11, 2025 10:04


- Tariffs Could Cost Automakers $107 Billion - Tariffs Threaten UAW Profit Sharing Checks - EU and China Negotiating to End EU Car Tariffs  - China Delays Approval of BYD and Geely Expansion - Lucid Scoops Up Nikola Assets - Scania Acquires Northvolt's Truck Battery Unit - Stellantis' Q1 Shipments Slide 9% - Easter Jeep Safari Concepts Revealed - Stellantis Converts ICE Vans into EVs - Daimler Remanufacturing eCitaro Bus Batteries

Autoline Daily
AD #4032 - Tariffs Threaten UAW Profit Sharing Checks; Stellantis' Q1 Shipments Slide 9%; EU and China In Talks to End EU Car Tariffs

Autoline Daily

Play Episode Listen Later Apr 11, 2025 9:49


- Tariffs Could Cost Automakers $107 Billion - Tariffs Threaten UAW Profit Sharing Checks - EU and China Negotiating to End EU Car Tariffs  - China Delays Approval of BYD and Geely Expansion - Lucid Scoops Up Nikola Assets - Scania Acquires Northvolt's Truck Battery Unit - Stellantis' Q1 Shipments Slide 9% - Easter Jeep Safari Concepts Revealed - Stellantis Converts ICE Vans into EVs - Daimler Remanufacturing eCitaro Bus Batteries

Everything Co-op with Vernon Oakes
Stacey Sutton Ph.D. and Assata Richards discuss Components of Building a Solidarity Economy

Everything Co-op with Vernon Oakes

Play Episode Listen Later Mar 27, 2025 54:52


March 13. 2025 - Everything Co-op continues its Women's History Month series with the theme “Moving Forward Together! Women Educating & Inspiring Generations,” set by the National Women's History Alliance. This episode features cooperative advocates Stacey Sutton Ph.D., Associate Professor at the University of Illinois Chicago, and Assata Richards, founding director of the Sankofa Research Institute. Stacey and Assata discuss the necessary components for building a solidarity economy and share their research findings related to social/economic justice Stacey Sutton Ph.D. is an Associate Professor at the University of Illinois Chicago in the Department of Urban Planning and Policy. She co-directs the Solidarity Economy Research, Policy & Law Project, which serves as the hub for the City of Chicago's Community Wealth Building Ecosystem. This initiative aims to promote local, democratic, and shared ownership of community assets to create more sustainable and just economies. Her research focuses on solidarity economy, economic democracy, and racial equity. Stacey Sutton Ph.D. is also a Board member of the New Economy Coalition, a Fellow at the Institute for the Study of Employee Ownership and Profit Sharing, and a Senior Researcher with the Small Business Anti-Displacement Network. She is currently working on a book titled "Real Black Utopias," which explores Black-centered worker cooperatives and solidarity economy ecosystems in various US cities. Stacey Sutton Ph.D. holds a BA from Loyola University, an MBA from New York University, an MS from The New School for Social Research, and a joint Ph.D. in Urban Planning and Sociology from Rutgers University. Her extensive involvement in various organizations underscores her commitment to social justice and economic democracy. Assata is the founding director of the Sankofa Research Institute (SRI), a nonprofit with a mission to “create knowledge to build community” through community-based participatory research. In addition, as a public sociologist, Assata serves as the Board President of the newly formed Houston Community Land Trust, the Third Ward Cooperative Community Builders, and the Emancipation Economic Development Council. Most recently, she was elected as the founding board president of the Community Care Cooperative, Houston's first home care agency owned by caregivers and the nation's first community health workers' cooperative business. Lastly, she is a founding member of We Are The Ones, a cooperative working to build a “Black Solidarity Economy,” enabling community members to define what success is for them and hold accountable institutions that claim to act on their behalf and develop economic enterprises that fairly compensate workers and build community wealth.

Franchise Secrets Podcast
Why Buying Resale & Semi-Absentee Ownership Works For Some—But Not All

Franchise Secrets Podcast

Play Episode Listen Later Mar 25, 2025 30:33


Can franchise ownership really offer freedom, flexibility, and wealth, or is that just a myth? In this solo episode, Erik Van Horn answers the questions franchisees are asking most, including how and when to incentivize managers, what semi-absentee ownership really looks like, and how to structure profit-sharing or equity without costly mistakes.  He discusses the pros and pitfalls of buying resale franchises and offers candid advice for franchisees and emerging franchisors on building leadership, managing expectations, and scaling smartly. Whether you're launching your first location or acquiring your tenth, Erik's insights will help you avoid common traps and build long-term success.   “You, as a franchisee, take responsibility for the things that aren't going well. Can you blame your franchisor for some of it? Absolutely! Is it going to help? Probably not. That's why I say take responsibility. Make the changes." ~ Erik Van Horn   In This Episode: - Benefits of semi-absentee ownership in balancing time - Offering business ownership to motivate franchise managers - Hiring strong leaders and fostering a teachable culture - Profit sharing vs. equity: which works better? - Franchisor vs. franchisee: key differences in roles - Investing in a resale franchise: time expectation for ROI - Why brands should embrace AI and technology  - Helpful advice for aspiring franchise owners   Resources: 

Freelance to Founder
Profit-Sharing with Agencies

Freelance to Founder

Play Episode Listen Later Mar 20, 2025 63:58


In today's episode, we learned that working with agencies is a great way to fill your client pipeline regularly. But how does the money work if an agency will “white label” your services? Who gets what? How much? And when? These are the types of questions Nathan asks himself as he grows his business. He's got a few partnerships in the works, but he's unsure how to set up the money side. Naturally, we have a few ideas for him to try. Plus, we talk about how much to charge in your particular market and more.  It's all in this episode of ‘Freelance to Founder.' Let's go. This episode was originally published on August 3, 2023. PS: Get featured in an upcoming Q&A! Just visit http://freelancetofounder.com/ask and submit a question.  Support our Sponsors Our generous sponsors make this show 100% free to you. Support them at the link below. https://freelancetofounder.com/sponsors Get your own on-air coaching call We'd love to feature your business and offer some free on-air advice for growing your business. To see if you're a good fit, click here. Leave us a review on Apple Podcasts: If you enjoy the show, can you do us a favor and leave us an honest rating and review on Apple Podcasts? We'll love you forever. Click here to leave a review. More Recommended Listening: This show is a part of the Podglomerate, a company that produces, distributes, and monetizes podcasts. We encourage you to visit the website and sign up for our newsletter. We suggest you also try other Podglomerate shows about entrepreneurship, business, and creativity, such as Rocketship.fm and Creative Elements. Learn more about your ad choices. Visit megaphone.fm/adchoices

World's Greatest Boss
EP 218: How Profit Sharing Transformed My Team and Doubled Profits with Robert Gallaher

World's Greatest Boss

Play Episode Listen Later Mar 18, 2025 27:59


In this episode of World's Greatest Boss, I sit down with Robert Gallaher—entrepreneur, CEO, and author of Profit Sharing: The Power of Shared Success—to dive deep into how profit sharing can revolutionize your company's culture, profits, and employee engagement.Robert shares the journey of how he went from an overworked business owner to building a thriving company culture powered by profit sharing. We discuss what worked, what didn't, and the lessons he learned along the way—from setting the right expectations to making profit sharing part of everyday conversations. If you're a business owner looking to improve retention, accountability, and profits, this is a must-listen.What you'll hear in this episode:[2:00] Why Robert started profit sharing—and how it saved his business and marriage[4:00] Common mistakes business owners make before implementing profit sharing[6:30] How not to roll out a profit sharing plan (and lessons learned from his first attempt)[8:30] Why talking about profit sharing constantly is critical—and how Robert makes it part of daily conversations[11:00] Real-life examples of how profit sharing drives employees to think like owners[12:30] How transparent you need to be with financials (and who should see what)[14:00] Adapting profit sharing for different types of businesses (seasonal, service, etc.)[16:00] Why Robert tests new profit sharing ideas in one company before rolling out[18:00] Who should be included in profit sharing (and why not everyone may be ready)[19:00] How much to pay: flat vs. percentage-based profit sharing and why $1,000/month is the starting point[22:00] Balancing competitive pay, benefits, and profit sharing—why it's an “and,” not an “or”[24:00] How long it takes to see results (hint: this isn't a quick fix)[26:00] Real profit sharing numbers: how much Robert pays out and how much more he makes because of it[27:00] Where to learn more and get Robert's book and upcoming courseLinks and Resources:Book: Profit Sharing: The Power of Shared Success — Buy on AmazonConnect with Robert on Facebook: @1robertgallaher1 | ProfileComing Soon: ProfitX course launching July — stay tuned for details!

The SWAPA Number
1.1% (Profit Sharing, Mike Haynes, Damian Jennette)

The SWAPA Number

Play Episode Listen Later Mar 17, 2025 28:31


Today's SWAPA number is 1.1. That's the percentage of pay that Southwest will distribute in profit sharing from 2024.So today, we're sitting down to talk with NC member and retirement and benefits subject matter expert Damian Jennette, and 401(k) and investments director Mike Haynes about profit sharing and updates on other items that affect pilot retirement accounts in 2025.If you have any feedback for us at all, please drop us a line at comm@swapa.org or tap here to send us a text.Follow us online:Twitter - https://twitter.com/swapapilotsFacebook - https://www.facebook.com/swapa737

Good Deeds Note Investing Podcast
Unlocking The Power Of Mortgage Note Investing: Our New Profit Sharing Offering

Good Deeds Note Investing Podcast

Play Episode Listen Later Mar 6, 2025 18:40


Real estate investing doesn't have to mean dealing with tenants, maintenance, or property headaches. Mortgage note investing offers a way to generate passive income while being backed by real estate—without the typical risks of property management. In this episode, Chris Seveney shares insights into how mortgage notes work, why banks sell loans at a discount, and how investors can take advantage of this strategy. He also breaks down their new bond offering, detailing investment options, potential returns, and key risk factors to consider. Whether you're an experienced investor or new to alternative investments, this episode provides valuable knowledge to help you make informed financial decisions.Love the show? Subscribe, rate, review, and share! https://7einvestments.com/podcast

The Raving Patients Podcast
Getting Your Team to Perform Like "Owners"!

The Raving Patients Podcast

Play Episode Listen Later Feb 28, 2025 36:48


If you've ever wished your team cared about your practice as much as you do, this episode is a must-listen! Building a successful dental practice isn't just about providing great care—it's about creating a culture where your team takes ownership, works together, and drives growth. To break down how you can make that happen, I'm joined by Craig McVey, Chief Operations Officer and Acquisition Analyst at Mountainside Dental Group. With 18 years in the dental industry and a deep understanding of practice management, Craig shares invaluable insights on leadership, transparency, and team-driven success. In this episode, we cover: Why data transparency is key to a thriving dental practice How team culture and leadership development impact performance The power of profit-sharing to boost motivation and retention How to keep your schedule full and improve case acceptance rates The importance of regular team meetings and how to make them effective The KPIs that matter most for practice growth Craig also shares how Mountainside Dental Group has scaled smartly, empowering team members and creating an ownership mentality without requiring associates to handle management duties. If you're looking for strategies to strengthen your team and grow your practice, this episode delivers real-world solutions.

Everyday VOpreneur
Profit Sharing & Indie Games: A New Approach to Voice Over with Michael Everhard

Everyday VOpreneur

Play Episode Listen Later Feb 20, 2025 50:42


One great way to build a portfolio in gaming is to work with Indie Game Developers. You get access to opportunities. Build your credits and hone your craft. Michael Everhard recognizes this, and has taken an interesting approach to his latest collaboration. He's teamed up with a studio for a game he's passionate about and taken on a role beyond simply voice actor. Rather than regular payment, he's entered into a profit sharing arrangement. For gaming studios in tight budgets, this could be a new way to approach them with your marketing. Michael shares plenty of tips on doing just that. Michael is also a Nimble Jedi, and we get into that too. CONNECT WITH MICHAEL EVERHARD Michael Everhard Website - http://www.michaeleverhard.com Michael Everhard Website - http://www.britishelearningvoiceover.com Michael Everhard on BlueSky - https://bsky.app/profile/michaeleverhardvo.bsky.social Michael Everhard on Instagram - https://www.instagram.com/michaeleverhardvoiceover Shoni Island Steam: https://store.steampowered.com/app/2813990/Shoni_Island/ Golden Horde https://goldenhordestudios.com/# Cave Bear Games https://cavebeargames.com/   Marc Scott on Instagram - https://instagram.com/marcscott VOpreneur® on YouTube - https://youtube.com/@vopreneur RESOURCES FOR VOICE ACTORS * Voice Over Marketing Playbook Visit https://voiceovermarketingplaybook.com * The VOpreneur Guide to Testimonials Visit https://vopreneur.com/testimonials * Get an instant $25 credit when you sign up for VoiceZam Visit https://voicezam.com/marcscott * For voice over services: Visit https://marcscottvoiceover.com * Want VOpreneur Swag? Visit https://teespring.com/stores/vopreneur * Join the VOpreneur Facebook Group Visit https://facebook.com/groups/vopreneur EVERYDAY VOPRENEURS IN THIS EPISODE * Thanks to "Uncle Roy" for production assistance! Visit https://antlandproductions.com * Thanks to Christy Harst for VO contributions! Visit https://christyharst.com * Thanks to Krysta Wallrauch for VO contributions! Visit https://krystawallrauch.com If you need guidance with your voice over business or learning how to more effectively market, I can help. Book a 15 minute free consultation with me to discuss your specific needs. Book Your Consult KEY TAKEAWAYS There's more than one way to play the voice over game. Voice acting can be a collaborative process in indie games. Profit-sharing models can be beneficial for voice actors. Building relationships in the industry can lead to future projects. Collaborative approaches can open new opportunities in game development. LinkedIn groups can be valuable for networking in the industry. You can find Indie Game gigs on Facebook, Twitter and others. Automation tools like Nimble can significantly enhance workflow efficiency.

The Paul W. Smith Show
Delta to Pay $114 Million in Profit Sharing to Michigan Employees

The Paul W. Smith Show

Play Episode Listen Later Feb 14, 2025 9:16


February 14, 2025 ~ Hussein Berry, Vice President Airport Operations at Detroit Metro Airport overseeing day to day operations for the Delta hub talks about the profit sharing for Michigan employees.

Averitt Express LTL podcast
Share The Effort, Share The Reward

Averitt Express LTL podcast

Play Episode Listen Later Feb 7, 2025 6:53


Thanks to the efforts of all our associates, 2024 was the latest in a string of strong years when it comes to our Profit Sharing program. Host Bailey Pennycuff is joined by President and COO Barry Blakely to talk about Profit Sharing and how our team is positioned for success in 2025 and beyond.

Autoline Daily - Video
AD #3979 - GM Spends Billions on One-Time Charges; Lithium Mining Starts in Oklahoma; VW Could Sell German Plants to Its Chinese JVs

Autoline Daily - Video

Play Episode Listen Later Jan 28, 2025 10:25


- VW Could Sell German Plants to Its Chinese JVs - GM and Stellantis Stretch Out Product Cycles - GM-UAW Workers Get $14,500 in Profit Sharing - GM Spends Nearly $1 Billion to Close Buick Dealers - Tesla Shareholders Have Tough Questions for Elon - Opel Launching 4X4 Van - Good Looking Fiat Grande Panda Going on Sale - Lithium Mining Starts in Oklahoma - Ineos Sales Up 50% in the U.S.

Autoline Daily
AD #3979 - GM Spends Billions on One-Time Charges; Lithium Mining Starts in Oklahoma; VW Could Sell German Plants to Its Chinese JVs

Autoline Daily

Play Episode Listen Later Jan 28, 2025 10:26


- VW Could Sell German Plants to Its Chinese JVs - GM and Stellantis Stretch Out Product Cycles - GM-UAW Workers Get $14,500 in Profit Sharing - GM Spends Nearly $1 Billion to Close Buick Dealers - Tesla Shareholders Have Tough Questions for Elon - Opel Launching 4X4 Van - Good Looking Fiat Grande Panda Going on Sale - Lithium Mining Starts in Oklahoma - Ineos Sales Up 50% in the U.S.

WWJ Plus
GM autoworkers to receive profit sharing check of about $14,500

WWJ Plus

Play Episode Listen Later Jan 28, 2025 10:08


General Motors made more than 14 billion dollars last year and thousands of autoworkers in North America will benefit. WWJ's Jackie Paige and Jonathan Carlson have your Tuesday morning news.

The Paul W. Smith Show
Big Profit Sharing Checks for GM

The Paul W. Smith Show

Play Episode Listen Later Jan 28, 2025 13:42


January 28, 2025 ~ Mark Reuss, President of General Motors discusses their Q4 earnings and big profit sharing checks for their employees.

Engage: The Podcast for Delta Pilots
2025 Profit Sharing with ALPA's R&I Committee

Engage: The Podcast for Delta Pilots

Play Episode Listen Later Jan 21, 2025 8:25


On this episode, Laura discusses profit sharing with Scott Bowles from the Retirement & Insurance Committee. They talk about some of the election options found on the Profit Sharing Election page on DeltaNet.   Resources:  Engage: The Podcast for Delta Pilots E43:Profit Sharing On this special edition episode of Engage, Captain Rich Wheeler, Chairman of the Negotiating Committee, and Captain Eric Criswell, former Chairman of the Negotiating Committee and current MEC Master Chairman, talk about profit sharing. From its origin and roots to this year's profit sharing payout, Rich, Eric, and Ryan Argenta discuss how profit sharing was negotiated by pilots in 1996; how it has changed over the years and the need to preserve this negotiated benefit that pilots and all employees now enjoy; how profit sharing is contractually calculated using PTIX and specific formulas; and how pilots can view their earnings and ensure their 2023 profit sharing payout is accurate. Happy Profit Sharing Day! (Recorded January 23, 2024).   Disclaimer: ALPA does not give financial advice. We recommend that pilots first discuss with your financial advisor to determine what is best for themselves.    HSA deferral options are not available to those pilots who participate in the DPMP health plan.

Small Business Tax Savings Podcast | JETRO
Retirement Moves You Can Still Make for 2024 Taxes

Small Business Tax Savings Podcast | JETRO

Play Episode Listen Later Jan 15, 2025 31:44


Send us a textAre you maximizing your tax savings while building your retirement plan, or leaving opportunities on the table?In this episode, Mike Jesowshek is joined by Matt Ruttenberg to discuss strategies for reducing your 2024 tax bill through retirement contributions and planning. They highlight key deadlines for individual and employer contributions, such as the April 15th cutoff for IRAs and the extended filing deadlines for employer contributions. They also delve into options like solo 401(k)s, safe harbor plans, and cash balance plans, emphasizing the importance of early planning and ongoing consultation to maximize tax savings and retirement benefits.[00:00 - 02:17] IntroductionMike welcomes Matt Ruttenberg back to the show as a trusted retirement expert.Discussion begins with how the new year presents opportunities to address past tax planning mistakes.[02:18 - 05:59] IRA ContributionsDeadlines for Roth and traditional IRAs are April 15th.Contributions are based on individual earned income, not business profits. Lesson: Plan IRA contributions early, as extensions don't apply.[06:00 - 10:14] Profit Sharing and Employer ContributionsEmployer contributions for profit sharing plans can be made until the extended filing deadline.Different strategies, such as "new comparability," can maximize owner benefits.[10:15 - 13:28] Solo 401(k)s and New RulesFirst-year solo 401(k) participants can contribute employee portions up to April 15th.This rule applies to sole proprietors and single-member LLCs, not S-corporations.[13:29 - 16:11] Safe Harbor and ComplianceSafe harbor plans help owners and highly compensated employees avoid compliance issues.A 4% non-elective contribution can be made post-deadline to improve compliance.[16:12 - 24:33] Advanced Plans: Cash Balance and Defined BenefitHigh-income businesses can use defined benefit plans for contributions up to $300,000.These plans require actuary involvement and multi-year commitments.[24:34 - 31:16] Key Takeaways and Planning for 2025Employer contributions can be made until the filing deadline, including extensions.2025 should focus on proactive tax planning to avoid last-minute issues.Direct Quote:"All 401(k) plans are not created equal; work with someone who knows the options available to you." - Matt RuttenbergBuild a custom 401(k) for your business by visiting https://lifeincrs.com/tax-savings-podcast/ ______Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com/-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/YouTube: www.TaxSavingsTV.com 

Aggie Growth Hacks Podcast
The Best Business System that You've Never Heard of with Jason Kaspar

Aggie Growth Hacks Podcast

Play Episode Listen Later Dec 24, 2024 25:21


Howdy, Ags! Today, we are joined by frequent Aggie Honoree, Jason Kaspar of Kaspar Companies! Jason unveils a groundbreaking system that he is using for all of his companies within Kaspar. Each of the companies in Kaspar is vastly different and are all able to speak the same language, listen on for this first value-packed installment with Jason! If you enjoyed today's episode, be sure to tune back in next week and please take a moment to leave us a 5-star review and connect with Chris and Greg on LinkedIn! About Kaspar Companies: Kaspar Companies exists to improve lives by being faithful stewards of God-given resources. Kaspar holds 8 companies: Circle Y, Texas Precious Metals, Texas Ammunition, Bedrock Truck Beds, Horizon Firearms, Iota Outdoors, Silverback Homes, and Stiller Actions. Timestamps: [00:00] Intro [01:09] Jason Kaspar's Entrepreneurial Journey [04:30] Kaspar Companies' History [06:35] Kaspar's Operational Systems across companies [08:52] Jason's Role in Kaspar Companies (SKILLS) [13:18] Kaspar Companies Transition [15:45] Legacy Businesses within Kaspar Companies [20:44] Customers & Profit Sharing [23:38] Contact / Outro   Resources: Website: www.kasparcompanies.com AGH Website: https://www.aggiegrowthhacks.com/   Connect with us! Apple: http://bit.ly/AGH-Apple Spotify: http://bit.ly/AggieGH Stitcher: http://bit.ly/AGH-Stitch Podbean: http://bit.ly/AGH-PB

Drivetime with DeRusha
Christmas cards & profit sharing

Drivetime with DeRusha

Play Episode Listen Later Dec 20, 2024 18:47


Jason talks with Laura Oakes about giving and receiving Christmas Cards - do we do it enough? Then on the DeRush-Hour: good news for window company workers!

TPA Tidbits: A Sentinel Pension Podcast
S4E8: Cross Tested Profit Sharing

TPA Tidbits: A Sentinel Pension Podcast

Play Episode Listen Later Dec 9, 2024 14:09


Welcome back to the Sentinel Pension Show! Today, Kasey and Melissa discuss new comparability, also known as cross tested profit sharing, which is a method of providing a higher percentage which normally results in a higher dollar amount of a profit sharing to the business owners versus what they have to give their rank-and-file employees. They discuss how safe harbor non-elective contributions are normally paired with new comparability, the gateway test, contribution growth over time, and much more! After this episode, we will be taking a break for the holidays. We look forward to creating new episodes for you soon! Have any questions about this episode's topic? Let us know! Visit our website for more information: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sentinel Pension (sp-tpa.com)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Call us at 225-300-8478 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on Facebook ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Music by Adam Vitovsky

TPA Tidbits: A Sentinel Pension Podcast
S4E7: Integrated Profit Sharing

TPA Tidbits: A Sentinel Pension Podcast

Play Episode Listen Later Nov 25, 2024 13:10


Welcome back to the Sentinel Pension Show! Today, Kasey and Melissa discuss integrated profit sharing. We review what a profit sharing contribution is, how integrated profit sharing came about, and how integrated profit sharing is calculated. We also discuss vesting schedules, allocation conditions, and much more! Have any questions about this episode's topic? Let us know! Visit our website for more information: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sentinel Pension (sp-tpa.com)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Call us at 225-300-8478 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on Facebook ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Music by Adam Vitovsky

Sargent Corporation
Investing in People & Profit-Sharing Bonus Price-Is-Right! | S5 E47

Sargent Corporation

Play Episode Listen Later Nov 21, 2024 38:32


The Workforce Advancement Team takes over the Flywheel Studio to discuss everything they have been working on over the course of 2024. Training, recruitment, mentorship, and a massive improvement in their efforts in the Mid-Atlantic and Piedmont Triad regions! Workforce Advancement Director Kevin Gordon, Workforce Development Manager Pete Parizo, Workforce Advancement Trainer Kendall Bickford, and Workforce Development Trainer Tim Powell break it all down in this episode of the On-Track Podcast. And don't miss a special edition of the Price-Is-Right, where the winner and the profit-sharing bonus is revealed!If you liked this week's episode and are interested in becoming an Employee-Owner at Sargent, please visit our careers page on the Sargent website. https://sargent.us/apply/If you have an episode suggestion, please send your idea to:sbennage@sargent.us

Kingscrowd Startup Investing Podcast
How to Invest in Sustainable Forestry and Offset Your Carbon Footprint

Kingscrowd Startup Investing Podcast

Play Episode Listen Later Oct 28, 2024 28:56


In this episode, Chris sits down with Dr. Cathy Key, the president and chief business officer of World Tree. Discover the unique and sustainable investment opportunities World Tree offers through the growth and harvest of the Empress tree. Learn about the environmental impact, the innovative profit-sharing model with farmers, and how these fast-growing trees can provide significant returns while offsetting carbon footprints. Dr. Key dives into the agricultural processes, the risks involved, and the promising future of this green investment. Whether you're an investor looking for eco-friendly opportunities or someone passionate about sustainability, this discussion sheds light on how you can contribute to a greener planet while aiming for a profitable return.Highlights include…World Tree's Origin and Mission (2:34)Tree Planting and Farming Partnerships (5:38)Harvest and Profit Sharing (8:30)Care and Maintenance of Empress Trees (9:57)Market Demand and Environmental Impact (15:19)Investment Details and Returns (22:09)

On the Evidence
130 | The Evidence-Based Benefits of Employee Ownership

On the Evidence

Play Episode Listen Later Oct 24, 2024 55:21


In honor of Employee Ownership Month in October, Mathematica's On the Evidence podcast features a special episode with Paul Decker, Mathematica's president and chief executive officer, and Jim Bonham, the president and chief executive officer of The ESOP Association. On the episode, Decker and Bonham discuss the Employee Stock Ownership Plan (ESOP) as an evidence-based tool that benefits employees, consumers, and communities across the nation. An ESOP is a retirement vehicle for employees that many companies use to increase employee engagement and retain talent over time. As Decker and Bonham discuss on the episode, an ESOP can be more than a nice perk companies offer their employees. Business leaders and policymakers across the political spectrum have applauded the potential of ESOPs to strengthen the middle class and keep jobs in local communities. Research even shows ESOPs help reduce gender and racial wealth gaps. On the episode, Decker and Bonham discuss the benefits of ESOPs and challenges facing ESOPs going forward. A full transcript of the episode is available at https://www.mathematica.org/blogs/supporting-workers-and-strengthening-communities-through-employee-ownership Read the study from Institute for the Study of Employee Ownership and Profit Sharing within the School of Management and Labor Relations at Rutgers University that found ESOPs help narrow gender and racial wealth gaps: https://smlr.rutgers.edu/sites/smlr/files/Documents/News/rutgerskelloggreport_april2019.pdf Read an article in The Star-Ledger about the benefits of employee stock ownership plans for reducing wealth inequality and ensuring the longevity of a business, which describes Mathematica's experience with becoming an ESOP and quotes Paul Decker: https://www.nj.com/opinion/2024/09/nj-business-owners-need-a-succession-plan-and-workers-need-savings-we-can-solve-both-problems-opinion.html Learn more about Mathematica's history as an employee-owned company: https://mathematica.org/blogs/employee-ownership-is-at-the-heart-of-mathematica

Path 2 Freedom
UNLOCKING GROWTH: Matt Bodnar on Acquiring and Scaling Legacy Businesses

Path 2 Freedom

Play Episode Listen Later Oct 24, 2024 55:31


Matt Bodnar, founder and CEO of Eidolon Capital, takes us on a journey through the evolving landscape of acquiring old economy businesses, offering a rare peek into the world of private equity focused on the lower middle market. With a keen eye on baby boomer-owned businesses in need of succession plans, Matt shares his unique strategies for modernizing and scaling traditional manufacturing and distribution companies. From his transition from Goldman Sachs to entrepreneurship, Matt's story illuminates the growing trend of entrepreneurship through acquisition as an enticing alternative to conventional corporate paths.   As the conversation unfolds, we explore the economic allure of buying existing businesses compared to starting anew. With retiring baby boomers and favorable financing options reshaping the market, Matt explains why entrepreneurship through acquisition is becoming a compelling choice, especially for those leaving prestigious roles in search of limitless earnings and autonomy. The episode sheds light on the mindset shifts required for this transition, backed by personal anecdotes of navigating the challenges and rewards of pursuing greater financial freedom.   The journey doesn't stop at acquisition. Matt delves into the art of scaling businesses through delegation and systems, inspired by concepts from "The Four Hour Work Week." He emphasizes the significance of evaluating acquisition opportunities, nurturing existing management teams, and aligning incentives with profit-sharing and long-term growth strategies. Tune in to gain valuable insights from Matt's experiences and discover how his expert guidance, shared through his newsletter Deal Mastery Insider, can illuminate your path in the world of business acquisitions.   TIMESTAMPS:   (00:00) - Acquiring Old Economy Businesses (08:41) - The Shift to Entrepreneurship Through Acquisition (14:21) - Limitless Earning Potential in Entrepreneurship (20:16) - Transitioning From Operations to Investment (25:04) - Scaling Through Delegation and Systems (34:22) - Evaluating Acquisition Opportunities and Risk (41:43) - Employee Incentives and Profit Sharing (49:27) - Long-Term Approach to Business Acquisition (54:12) - Connecting Through Deal Mastery Insider   Connect with Matt here:   Linkedin: https://www.linkedin.com/in/mattbodnar/ Eidolon Capital: https://eidoloncapital.com   Join the FREE Path To Freedom Facebook Group here: https://www.facebook.com/groups/1634819733719715/   7 Steps to Owning a Franchise: https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising   If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.   https://calendly.com/wes-barefoot/introcallwithwes   Connect with Wes:   Instagram: https://www.instagram.com/path2frdm/ Facebook: https://www.facebook.com/path2frdm Linkedin: https://www.linkedin.com/in/wesleybarefoot/   #Franchise #Investing #Acquisition

Pelvic PT Rising
Paying Your People (Part 2): Bonuses and Profit Sharing

Pelvic PT Rising

Play Episode Listen Later Oct 17, 2024 24:34


Should you be 'bonusing' your employees?Generally you'll find bonuses in other fields - lawyers, salespeople, etc.  And they can make sense.  You're trying to incentivize an employee to work longer or harder with a bonus.  But that doesn't really track in pelvic health.  Do any of us believe a clinician is going to provide better clinical care because they get a bonus?Clinicians provide better care when we provide clinical mentorship, onboarding, training, guide their con-ed and spend time with them as mentors.  Throwing money at them in the form of a bonus is never going to improve their clinical outcomes or buy-in.And bonuses often create resentment if a clinician doesn't earn one, or the amount isn't as high as it was last year.  They can be a major profit leak; many business owners who give bonuses don't even know how much their employees are actually making per hour!You have to implement metrics that really track performance and then be willing to not give the bonus if your people don't hit it - which is a difficult conversation!  And it just complicates the whole thing.So if you aren't giving bonuses, it's not something we recommend.If you are, then decide if it's working!  Calculate out what you're actually paying on a per-hour or annual basis including all the bonuses.  Decide if it's worth changing in your business right now.  If so, it's going to be a difficult conversation, but it might need to happen for the long-term health of the business.Accelerator - January Cohort!If you're a business owner looking to take things to the next level in 2025, you don't have to go it alone!  Our next cohort of the Business Accelerator Program is starting in January.We've taken more than 300 pelvic health businesses through this program.  They've increased revenue, grown in confidence and begun to enjoy the journey more. Whether you're a brand-new business owner or a veteran with multiple employees, this is the program for you!  Check it out and apply at www.pelvicptrising.com/accelerator!We review every application and get back to you, so we'll answer questions and make sure it's the right fit.About UsNicole and Jesse Cozean founded Pelvic PT Rising to provide clinical and business resources to physical therapists to change the way we treat pelvic health.   PelvicSanity Physical Therapy (www.pelvicsanity.com) together in 2016.  It grew quickly into one of the largest cash-based physical therapy practices in the country.Through Pelvic PT Rising, Nicole has created clinical courses (www.pelvicptrising.com/clinical) to help pelvic health providers gain confidence in their skills and provide frameworks to get better patient outcomes.  Together, Jesse and Nicole have helped 600+ pelvic practices start and grow through the Pelvic PT Rising Business Programs (www.pelvicptrising.com/business) to build a practice that works for them! Get in Touch!Learn more at www.pelvicptrising.com, follow Nicole @nicolecozeandpt (www.instagram.com/nicolecozeandpt) or reach out via email (nicole@pelvicsanity.com).Check out our Clinical Courses, Business Resources and learn more about us at Pelvic PT Rising...Let's Continue to Rise!

Accelerate Your Dental Practice with Malika and Michelle
AYDP: Team Building with Dr. Josh Kuykendall

Accelerate Your Dental Practice with Malika and Michelle

Play Episode Listen Later Oct 9, 2024 46:25


Accelerating Your Dental Practice Episode 29, Team Building with Dr. Josh Kuykendall   On this month's episode, Malika and Michelle are joined by Dr. Josh Kuykendall. Dr.  Kuykendall owns a practice in Spring, Texas and has heaps of knowledge on team moral, keeping employees motivated, and building a good office culture. Dr. Kuykendall shares specifics about the office culture he has created and the types of team building activities he facilitates throughout the year. The team discusses why these types of events are so important and what they truly mean to the employees that participate. Dr. Kuykendall shares several amazing and unique things that his practice does but wait until the end of the episodes to hear about the massive turn out that Free Dental Day at the office had one year!   00:45                            Introducing Dr. Josh Kuykendall 02:45                            Profit Sharing and Employee Motivation 05:30                            Implementing Change and Sticking with It 08:35                            Weekly Gift Card Incentive Raffle 14:55                            Keeping Employees Happy 18:30                            Monthly Outing Incentive 23:35                            Quarterly Team Building 28:20                            Retention in Staffing and Impact 32:00                            Holiday Event for the Staff 34:00                            Holiday Bonuses and Attendance 40:50                            Free Dental Day 45:30                            Closing Thoughts                                     Malika Azargoon ZarDentalConsulting.com https://www.linkedin.com/in/zardentalconsulting/ malika@ZarDentalConsulting.com   Michelle Affanato affinitymanagement.co New To Dental Bootcamp https://www.facebook.com/michelle.affinitymanagement/ michelle@affinitymanagement.co   Josh Kuykendall info@springdentist.com https://www.springdentist.com/ https://www.instagram.com/springdentist/

Grow A Small Business Podcast
From Startup to Success: Barratt Kennett on Growing EFCOMM Group to a 50 — Member Team, Embracing Profit Sharing, and Overcoming Leadership Challenges with Vision and Resilience. (Episode 564 - Barratt Kennett)

Grow A Small Business Podcast

Play Episode Listen Later Sep 10, 2024 59:04


In this episode of Grow a Small Business, host Troy Trewin interviews Barratt Kennett, Director  of EFCOMM Sales and Marketing Solutions, Kennett shares his journey from a small startup to a thriving business with 50 employees. He talks about the benefits of profit sharing, his leadership style, and the significance of having a clear vision. Kennett also explores the challenges of scaling a business, offering practical advice on overcoming them with resilience and determination. Why would you wait any longer to start living the lifestyle you signed up for? Balance your health, wealth, relationships and business growth. And focus your time and energy and make the most of this year. Let's get into it by clicking here. Troy delves into our guest's startup journey, their perception of success, industry reconsideration, and the pivotal stress point during business expansion. They discuss the joys of small business growth, vital entrepreneurial habits, and strategies for team building, encompassing wins, blunders, and invaluable advice. And a snapshot of the final five Grow A Small Business Questions: What do you think is the hardest thing in growing a small business? According to Barratt Kennett, the hardest thing in growing a small business is "acclimating to the pressure" and learning to handle repeated challenges, or "eating crap sandwiches." He emphasizes that tolerating and overcoming difficulties is crucial, and advises embracing failures and taking on more challenges as a way to build resilience and improve. What's your favourite business book that has helped you the most? Barratt Kennett's favorite business books that have helped him the most are "Next Five Moves" and "Choose Your Enemies Wisely" by Patrick Bet-David, "Atomic Habits" by James Clear, and "Maximum Achievement" by Brian Tracy. He finds these books particularly valuable for both business and personal development. Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Barratt Kennett recommends focusing on podcasts with impactful guests, such as those featuring Daniel Priestley, Lewis Howes, and Joe Rogan. He suggests following these guests on social media to catch promotional clips and dive deeper into their insights. For online learning, Kennett emphasizes the importance of exploring various podcasts and utilizing them to expand knowledge and skills relevant to business growth. What tool or resource would you recommend to grow a small business? Barratt Kennett recommends having a crystal clear vision of how to improve a specific aspect of your business. He emphasizes the importance of defining what needs to be better, why it should be improved, and how to achieve that. This clear vision helps in rallying support and creating a focused strategy for business growth. What advice would you give yourself on day one of starting out in business? On day one of starting out in business, Barratt Kennett advises to "buckle up" and be prepared for the challenges. He emphasizes that while people warn you about the difficulties, they don't fully convey the isolation and pressure you might face. Understanding that you'll have to endure hardships alone, but will ultimately be fine, can help in navigating the journey with resilience and determination.   Book a 20-minute Growth Chat with Troy Trewin to see if you qualify for our upcoming course. Don't miss out on this opportunity to take your small business to new heights! Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.     Quotable quotes from our special Grow A Small Business podcast guest: Eat crap sandwiches, and your tolerance for pressure will grow — Barratt Kennett A crystal clear vision on how to make things better is your best business weapon — Barratt Kennett The world stands aside for the man who knows where he's going — Barratt Kennett      

The Finance Cowboy Show: Real Estate Investing Made Easy
#113: Meet My Flipping Team As We Discuss Profit Sharing, Renovation Challenges and Lessons Learned [Matt Hall & Branden Boatwright]

The Finance Cowboy Show: Real Estate Investing Made Easy

Play Episode Listen Later Sep 9, 2024 36:13


In this kickoff episode, follow “the dads” -- Jaren, Branden, and Matt -- on their wild journey in house flipping. Get an inside look at the origins of their partnership... and find out how they moved from competing against each other to forming a formidable trio! With insider tips and entertaining stories, you'll see that house flipping is about more than renovating homes. It's also about problem-solving skills and creative financial strategies. Stay tuned as they work through more deals. And discover how they find, analyze, fund, and manage properties as a team! To check out all the AWESOME things Backflip Capital has to offer click this link!  https://backflip.app.link/FinanceCowboyPodW2 Millionaire method:https://w2millionairemethod.com/sales-page1713793012723Ready to start investing in real estate? Let me help you! Setup a time to chat with us here: investwithjaren.comEarnings Disclaimer We don't believe in get-rich programs -- only in hard work, adding value, and serving others. Our programs are intended to help you grow your real estate portfolio and to make a difference in the world. As stipulated by law, we cannot and do not make any guarantees about your ability to get results, buy real estate, make money on real estate, or earn any money with our ideas, information, tools, or strategies. After all, it takes hard work to succeed in any type of business. In fact, it takes hard work to succeed at ANYTHING in life -- try learning to speak a different language without putting in any work and see how that goes! Your results in life are up to you and the amount of effort and resources that you are willing to put into succeeding. We want to help by giving great content, direction, and strategies that move you forward. Nothing on this page or any of our websites is a promise or guarantee of results or future earnings, and we do not offer any legal, medical, tax, or other professional advice. Any financial numbers referenced here, or on any of our sites, are simply estimates or projections and should not be considered exact, actual, or as a promise of potential earnings. All numbers are illustrative only. The average person who purchases this and other programs never puts the work into implementing the strategies taught and, therefore, achieves little to no results. Our more detailed earnings disclaimer, privacy policy, and terms and conditions for this program and website can be accessed via the link below. It's all the regular legal mumbo jumbo, but we feel transparency is important, and we hold ourselves (and you) to a high standard of integrity.https://financecowboy.com/terms-conditions/https://financecowboy.com/privacy-policy/00:00-00:50 Welcome To The Show00:51-4:13 The Flip I Stole4:14-5:42 Fix and Flip From Hell5:43-8:20 Running A Construction Business8:21-10:08 Managing A Dumpster Business10:09-15:40 Negotiating Deals15:41-17:27 How Important Is Location?17:28-24:00 Leveraging The Inspection24:01-33:30 Managing Contractors33:31-34:14 Why We Do What We Do34:15-35:40 Dads Flipping Houses 2024 BackflipFollow me at:Instagram: https://www.instagram.com/financecowboyYouTube: https://youtube.com/@financecowboyTikTok: https://www.tiktok.com/@thefinancecowboyTwitter: https://twitter.com/financecowboy

Freelance to Founder
Profit-Sharing with Agencies

Freelance to Founder

Play Episode Listen Later Aug 29, 2024 63:58


In today's episode, we learned that working with agencies is a great way to fill your client pipeline regularly. But how does the money work if an agency will “white label” your services? Who gets what? How much? And when? These are the types of questions Nathan asks himself as he grows his business. He's got a few partnerships in the works, but he's unsure how to set up the money side. Naturally, we have a few ideas for him to try. Plus, we talk about how much to charge in your particular market and more.  It's all in this episode of ‘Freelance to Founder.' Let's go. This episode was originally published on August 3, 2023. PS: Get featured in an upcoming Q&A! Just visit http://freelancetofounder.com/ask and submit a question.  Support our Sponsors Our generous sponsors make this show 100% free to you. Support them at the link below. https://freelancetofounder.com/sponsors Get your own on-air coaching call We'd love to feature your business and offer some free on-air advice for growing your business. To see if you're a good fit, click here. Leave us a review on Apple Podcasts: If you enjoy the show, can you do us a favor and leave us an honest rating and review on Apple Podcasts? We'll love you forever. Click here to leave a review. More Recommended Listening: This show is a part of the Podglomerate, a company that produces, distributes, and monetizes podcasts. We encourage you to visit the website and sign up for our newsletter. We suggest you also try other Podglomerate shows about entrepreneurship, business, and creativity, such as Rocketship.fm and Creative Elements. Learn more about your ad choices. Visit megaphone.fm/adchoices

Averitt Express Truckload Podcast
How To Achieve Better MPG

Averitt Express Truckload Podcast

Play Episode Listen Later Aug 23, 2024 26:06


Improving fuel efficiency is one of the best ways our team can reduce costs, lessen our impact on the environment, and increase our Profit Sharing. Truckload driver Tom Sayman has taken this challenge to heart, recently hitting 8.27 moving miles per gallon! Listen in to learn how he does it as he is joined by his fleet manager, Shannon Fisher, on the From The Driver's Seat podcast with host David Broyles.

Digital Social Hour
The $50K House Secret Investors Don't Want You to Know | Antoine Martel DSH #653

Digital Social Hour

Play Episode Listen Later Aug 21, 2024 31:07


Remarkable Results Radio Podcast
Sweat Equity with Bryan Pollack [E147] - Diagnosing the Aftermarket A to Z

Remarkable Results Radio Podcast

Play Episode Listen Later Aug 14, 2024 54:51


Thanks to our Partner, NAPA Autotech"Diagnosing the Aftermarket A to Z," podcast host Matt Fanslow and guest Bryan Pollack, "The Beast from the East," explore "sweat equity" in the automotive repair industry. They discuss the dedication technicians invest beyond regular hours, contributing to personal growth and shop success. They emphasize mentorship, financial awareness, and community involvement, highlighting how these factors create a positive workplace culture and enhance both personal and professional development.Discussion on Vintage Tools (00:01:07) Importance of Sweat Equity (00:06:21)Impact on Business Reputation (00:07:52)Long-Term Effects of Physical Demands (00:09:54)Experience with Difficult Repairs (00:12:41)The Importance of Understanding Problems (00:14:53)Sweat Equity in Business (00:15:39)Cinematic Parallels (00:16:10)Employee Compensation and Business Success (00:16:44)Owner vs. Employee Success (00:17:53)Risk of Ownership (00:18:58)Arbitrary Salary Ceilings (00:21:07)Business Pillars and Employee Value (00:22:43)Culture and Treatment of Employees (00:25:10)The Danger of Focus on Money (00:26:04)Living Costs and Compensation (00:27:57)Job Satisfaction Over Salary (00:28:10)Sweat Equity and Career Growth (00:29:25)Perception of Self-Employment (00:30:00)Understanding Sweat Equity (00:30:41)Intangible Benefits of the Workplace (00:30:57)Financial Awareness in Spending (00:31:13)The Cost of Beverage Choices (00:31:55)Toolbox Spending Habits (00:32:24)Understanding Perspectives on Spending (00:33:19)The Value of Previous Employees (00:34:15)Ego and Hiring Practices (00:36:23)Negativity and Work Culture (00:39:06)The Importance of Grace and Honesty (00:42:33)Training Young Employees (00:44:24)Hiring Challenges (00:46:14)Unrealistic Job Requirements (00:47:08)Workplace Atmosphere Importance (00:48:24)Financial Growth and Spending Habits (00:49:26)Profit Sharing and Employee Engagement (00:52:11)Future Aspirations of Employees (00:52:49)Thanks to our Partner, NAPA Autotech napaautotech.com Email Matt: mattfanslowpodcast@gmail.comDiagnosing the Aftermarket A - Z YouTube Channel HEREAftermarket Radio Network: https://aftermarketradionetwork.com/

The SWAPA Number
6,529 (Profit Sharing Transfer, Drew Payne, Mike Haynes)

The SWAPA Number

Play Episode Listen Later Aug 12, 2024 31:07


Today's SWAPA Number is 6,529. That's the number of our pilots who are qualified to participate in this year's profit sharing transfer. A new provision in Contract 2020 allows pilots a one-time transfer of their profit sharing balances into the top ranked SWAPA 401(k) plan. Since it's a one-time benefit, it's important that our pilots understand the process and the details that could trip them up. So today on the show, we're going to talk with 401(k) committee chair, Drew Payne, and 401(k) director, Mike Haynes, about the transfer window, the process, and whether or not this year's transfer is the right time for you.If you have any feedback for us at all, please drop us a line at comm@swapa.orgFollow us online:Twitter - https://twitter.com/swapapilotsFacebook - https://www.facebook.com/swapa737

How to Money
Ask HTM - Alt Investment Considerations, Making the Most of Profit Sharing, & National Debt's Impact on Your Portfolio #811

How to Money

Play Episode Listen Later Apr 8, 2024 54:52 Transcription Available


Let's dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you'd like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Should I consider alternative investments offered by the newer fintech platforms? 2 - Do medical bills need to be directly paid for with my HSA or should I use a credit card? 3 - What should I do with over six figures from my employer's profit sharing plan? 4 - How should I account for the US national debt in my retirement portfolio allocation? 5 - Paying off a 2.5% mortgage- does it ever make sense?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear' is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It's fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an I Choose Yuzu by Pure Project Brewing- a big thanks to Kristi for donating this one to the pod! Please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you're not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.