Financial Freedom Podcast with Dr. Christopher H. Loo, MD-PhD 🎙️ Employee Ownership with John Abrams | How Founders Can Build Legacy Through Shared Ownership
Employee ownership is one of the most powerful, underutilized tools for founders who want to preserve their company’s mission, reward their teams, and exit without selling out.
In this insightful conversation, John Abrams—founder of South Mountain Company and author of From Founder to Future—shares how his decades of experience guiding his business through a successful transition to a worker cooperative gives him unmatched perspective for anyone exploring sustainable business exits. His journey is a blueprint for companies considering succession planning, especially those who want to retain values, empower teams, and build lasting community impact.
Whether you’re asking:
“What’s the best way to exit my business without losing its soul?”
“How do ESOPs, co-ops, or an employee ownership trust really work?”
“Is becoming a B Corp the right move for mission alignment?”
...this episode delivers real answers. You’ll gain clarity on the structural options available—from ESOPs, employee ownership trusts, and worker cooperatives, to innovative governance models like the Commonwealth company. John breaks down how these frameworks can align with your values and long-term vision—and how the cooperative business model isn’t just idealistic; it’s viable, scalable, and profitable.
đź”— Learn more about John at: https://abramsangel.com
To check out John's book, "From Founder to Future: A Business Roadmap to Impact, Longevity, and Employee Ownership", visit: https://amzn.to/43ZVoRG
00:00 – Welcome & guest intro: John Abrams, South Mountain Company
01:15 – From founder to employee-owned: how John did it
03:00 – What is employee ownership? Why it matters
05:05 – Comparing worker cooperative, ESOP, and employee ownership trust
08:25 – When and how to start succession planning
11:40 – Defining a Commonwealth company
13:45 – Should your company become a B Corp?
15:15 – Real-life success story: Chatham Harvesters Co-op
17:30 – How employee ownership benefits our economy and democracy
18:55 – Where to connect with John + closing thoughts
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Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show.
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