John Abrams

In this insightful conversation, John Abrams, the founder of South Mountain Company and author of 'From Founder to Future,' discusses transitioning businesses to worker co-ops. He emphasizes the need for founders to plan succession early to promote equitable workplace structures. John highlights how employee ownership boosts profitability and reduces inequality while advocating for workplace democracy. He shares success stories from co-ops like Ward Lumber, showcasing the positive impact on local communities and the economy. John's passion for helping others navigate ownership transitions shines throughout.

John Abrams, a seasoned founder, author, and advocate for sustainable business practices, joins Mel Gravely and Jay Goltz, leaders in the construction industry, for an engaging discussion on employee ownership models. They explore strategies to avoid disastrous private equity sales and share insights on why there are so few employee-owned businesses. The trio dives into the nuances of ESOPs versus co-ops, addressing both potential benefits and challenges. Their candid conversation highlights the importance of succession planning while keeping business values intact.