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
Jun 12, 2020 • 20min
EP24 - IRON MAN - Dealing with Difficult Leadership Decisions for your ESOP
This episode focuses on assessing the issues related to leadership problems and solutions to strengthen your business to support ESOP transition.
Jun 5, 2020 • 34min
EP23 - Interview with Joseph Sophia - First Financial Bank, Columbus OH
This interview with ESOP experienced banker Joseph Sophia will help the listener to better understand the process the bank goes through in underwriting an ESOP loan and the potential changes with COVID-19.
Jun 2, 2020 • 21min
EP22 - Before it Erupts - Kaboom! Working through business volatility
This episode focuses on issues related to business volatility as it is a major hurdle for companies trying to go ESOP. The episode focuses on solutions to help the companies address business volatility.
May 27, 2020 • 29min
EP21 - Interview with ESOP attorney - David Joffe - partial ESOPs
This episode explores partial ESOPs as either non-leveraged, non-leveraged with redemption, or leveraged. It provides a good overview of each type with pros and cons so that the listener can better understand their options early on in the ESOP process.
May 21, 2020 • 31min
EP20 - Interview with Miguel Paredes - former DOL supervisor now Trustee Los Angeles CA
This episode provides a unique perspective by interviewing Miguel Paredes - an independent trustee that has prior experience in working for the department of labor reviewing ESOPs. We cover the DOL process agreement to better understand the approach to putting an ESOP deal together with best practices.
May 18, 2020 • 21min
EP19 - Bill and Ted's ESOP Adventure - 1+1=4
This episode helps the listener better understand the process of merging entities and percentages to maximize the valuation and create a more sustainable ESOP.
May 9, 2020 • 27min
EP18 - Interview with ESOP business valuation expert - Will Rodriguez - Tampa, FL
This interview focuses on the business valuation process to support the ESOP transaction with trustee expectations and role of valuation firm. Will has over 20 years experience and offers insight into the process and current situation with Covid-19's effect on existing transactions and existing ESOP companies and how they may be utilizing interim valuations.
May 4, 2020 • 24min
EP17 - Risky Business - Focus on risk related to Access to Capital.
For companies on a journey to an esop - this episode covers the significance of addressing and mitigating business risk with a focus on the risk of a business in terms of their access to capital. The podcast provides some ways to mitigate this risk.
Apr 29, 2020 • 25min
EP16 - Interview with Brandon Ernstes ESOP insurance expert with Houchens Insurance, Nashville TN
This episode tackles the perspective of an ESOP insurance professional and the role that they play in the process of a new ESOP company.
Apr 26, 2020 • 23min
EP15 - Did Uncle Sam Go Crazy? ESOPs - issues and opportunities related to tax exempt S-corps.
In this episode details related to the ESOP tax exemption for S-Corporations and a brief discussion on its limitations that need to be addressed early on in the planning process.
