31min chapter

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#344 - Rusty Reid - CEO @ Higginbotham - Building An Insurance Business That Has Compounded 20% YoY for 35+ years

The Fort - An Entrepreneurship Podcast

CHAPTER

The Evolution of Ownership: Implementing an ESOP

The chapter explores the transformation in ownership of an insurance business through the implementation of an ESOP structure. It delves into the financial advantages, inclusive approach, and decision-making process involved in transitioning ownership to employees, ensuring growth and unity within the company. The evolution of ESOPs over time, regulatory dynamics, and the retention of employee ownership and control are key highlights of this chapter.

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