Journey to an ESOP & Beyond
Phillip Hayes and Jason Miller
ESOPs are gaining traction. In the "Journey to an ESOP & Beyond” podcast, Phillip Hayes and Jason Miller explain the process of the ESOP transaction and address ESOPs from a business owner's perspective. They illuminate the simplicity of ESOPs and debunk common misconceptions that ESOPs are immensely costly and complicated.
Episodes
Mentioned books
Mar 16, 2021 • 29min
EP8 - Flexibility of structuring an ESOP for your succession plan. Interview with Pete Profumo at Braden Kitchens, Inc 100% ESOP
Pete Profumo, former owner of Braden Kitchens, Inc., discusses the flexibility of using an ESOP for succession planning. Topics include work ethic, motivations for ESOPs, challenges in establishing an ESOP, valuation decisions, and navigating the transition from owner to employee.
17 snips
Mar 8, 2021 • 35min
EP7 - ESOPs for contractors - discussion with Michael Strahan of KPS Bonds out of San Diego CA.
Michael Strahan, a bonding expert, discusses ESOP transactions for contractors. Topics include structuring ESOP deals for bonding, government certifications, and personal indemnity. Insights on transitioning to an ESOP, managing debt, communication with surety companies, and importance of pre-qualifications in bonding.
46 snips
Feb 25, 2021 • 46min
EP6 - ESOPs for Contractors discussion with Ben Wells - ESOP attorney Cincinnati, OH
ESOP attorney Ben Wells discusses the benefits of ESOPs for contractors, including structuring deals, assessing flexibility and profitability, and transitioning leadership in a company. The podcast explores the national reach of ESOP practice and the importance of involving stakeholders early on.
Feb 19, 2021 • 32min
EP5 - Titanic vs. The Love Boat - ESOPs for contractors
This episode is the first in a series that focuses on understanding the applicability of utilizing an ESOP to help a contractor through the succession and exit process.
Feb 11, 2021 • 35min
EP4 - ESOP financing for Government Contractors with Patrick Stoltz at Wintrust Bank
This episode provides a discussion with Patrick Stoltz at Wintrust Bank out of Chicago, IL about the particularities of lending for the buyout of an ESOP to a government contractor type business. It is an excellent compliment to episode 53.
Feb 3, 2021 • 30min
EP3 - Any Given Sunday - Overtime. Competitive Analysis for your company going towards ESOP
This episode is part 2 on understanding competition by exploring the importance of evaluating your competitive landscape and goes deeper to provide insight into how to accomplish this task and what tools you might want to use in the process.
Jan 25, 2021 • 37min
EP2 - ESOPs for Rollup companies - discussion with Steve Goodman - ESOP attorney from Louisville, KY
This episode focuses on why you might want to consider a roll up or consolidation of multiple businesses. Steve and I cover how it works and what are the benefits of leveraging this into an ESOP transaction.
Jan 18, 2021 • 33min
EP1 - Any Given Sunday - Competitive Analysis
This episode covers the basics in documenting your competition as a step along the process of moving towards an ESOP transaction. It will provide a discussion on the importance of documenting competition and practical steps in getting started.
Jan 7, 2021 • 41min
EP55 - Medical practices as ESOPs - interview with Richard Glassman - ESOP attorney from Connecticut.
In this episode Rich and I highlight the ability to transition a Medical practice to an ESOP and solutions related to proper licensing.
Dec 31, 2020 • 32min
EP54 - Home alone - What are you going to do with your business?
This episode highlights the issue of being prepared with a succession and exit plan relative to an ESOP. It encourages the listener to avoid planning in a crisis situation by covering pitfalls of not planning and some areas of motivation.
