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
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.
Dec 24, 2020 • 35min
EP53 - Government Contractors as ESOPs - interview with ESOP attorney Andy Watson from Hunstsville, AL
This episode focuses specifically on government contractors becoming ESOPs with an informative interview with Andy Watson with expertise in both ESOPs and Government Contractors.
Dec 18, 2020 • 36min
EP52 - Inception Deception - Evaluating your business valuation
This episode provides insight into one of the most important numbers you need in evaluating the sale of your business. There is helpful information to help you review your business valuation so that you can determine if it is truly a valid estimate of the potential enterprise value of your business.
Dec 11, 2020 • 40min
EP51 - Interview with Certified EO's CEO - Thomas Dudley from Oakland, CA
This interview debuts a fairly new company providing support related to communicating the ESOP message throughout the company to employees. Thomas explains the need to build an ESOP culture and how their tools really add value to the process.
Dec 1, 2020 • 32min
EP50 - Fast Car - Emotional Issues Related To Selling Your Business To An ESOP.
This episode peers into some of the psychological and emotional issues that business owners should be aware of as they work through a potential transaction towards an ESOP.
Nov 24, 2020 • 44min
EP49 - Interview with Renee Lewis - ESOP attorney with Holland & Knight from Chicago, IL
In this episode Renee and I discuss the roadmap for an ESOP closing and go into detail as to the documentation of the ESOP transaction as well as some of the pitfalls in getting deals completed.
Nov 20, 2020 • 26min
EP48 - To be or not to be - the choice to be an ESOP internal trustee
This episode evaluates the risk related to becoming an internal trustee for an ESOP company. What are the risks of being a trustee and does it make sense for your ESOP to plan on having an external trustee. We discuss some of the pros and cons to help companies plan for this important aspect on their journey to an ESOP.
Nov 12, 2020 • 37min
EP 47 - Interview with Jim Rolfe (ESOP lender) with CIBC Bank US out of Chicago, IL
This interview focuses on the process of ESOP lending for the leveraged transaction considering the underwriting process. It also discusses how a bank can do loans for ESOPs outside their market.
Nov 6, 2020 • 35min
EP46 - Family Ties - issues of a family business in relation to an ESOP.
This episode is going to focus on understanding how the issues of a family business can affect your plans to utilize the ESOP as a strategy for succession and exit of your business.
Oct 29, 2020 • 34min
EP45 - Moonstruck - You talking to the owner here!
This episode explores the ESOP company from an owner perspective. There are a lot of wins when it comes to an ESOP but consider for a moment how the customer wins in dealing with an ESOP company.
