Journey to an ESOP & Beyond
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
217 episodes
EP19 – Great Game of Business Interview-Steve Baker
In this episode, the podcast interviews Steve Baker, Vice President of Great Game of Business, Inc. Steve gives insight into the importance of financial literacy in building a company’s value through a culture of accountability, the dignity of ...
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Season 6
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Episode 19
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46:10
EP18 - Indiana Jones - Will the ESOP Make A Difference For Your Employees
This episode uses the classic film, Indiana Jones, as our feature film. The podcast utilizes this retro film as an example of something that never goes out of style-just like business owners helping their employees! The question the podcast dis...
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Season 6
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Episode 18
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43:02
EP17 Interview with John Burgess What Owners Can Expect After Forming an ESOP
In this podcast episode, ESOP attorney John Burgess returns to share what business owners should anticipate in the months following an ESOP transaction. From governance changes to employee communication and administrative next steps, Burgess of...
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Season 6
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Episode 17
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48:52
EP16 - Kon Tiki - IRS Subsidy for ESOPs
On this podcast episode we reference the movie Kon Tiki, which documents the journey of a Norwegian scientist on a raft built with natural materials and proves the ancient peoples sailed to the Polynesia islands. The trip took 43...
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Season 6
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Episode 16
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38:24
EP15 - Hines Pool & Spa - ESOP Experience with Andy Hines
On this podcast episode, we interview Andy Hines - founder of Hines Pool and Spa from Austin, TX. Hines Pool and Spa is an excellent example of a successful approach to an ESOP transaction. Andy shares his experience with researching ESOP...
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Season 6
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Episode 15
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42:59
EP14 - Behind Enemy Lines - Dealing with the Buy-Side on an ESOP Transaction
On this episode, we dig into a better understanding of the buy side team for an ESOP transaction. This would include the Trustee, Evaluation Firm, and their legal counsel. As you invite them into the ESOP deal, they are in a sense the ene...
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41:08
EP13 - Third Party Administration for ESOPs - with Tom Roback at Blue Ridge
As the podcast discussed at the beginning of the new season- we wanted to give a strong overview of the Third-Party Administrators (TPAs) role in the ESOP. On this episode, the podcast interviews Tom Roback with Blue Ridge. The episode looks at...
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Season 6
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Episode 13
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43:10
EP12 - Power Rangers - Roll Up Strategy for ESOPs
Power Rangers are an excellent example of strength in combining multiple superheroes on one team. On this episode we consider: What is your company worth? What happens when we combine it with another then another? The value could signific...
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Season 6
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Episode 12
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36:32
EP11 - Sustainability for Contractor ESOPs - Interview With Kevin Birch Regional Manager with CNA Surety
In this episode, we sit down with Kevin Birch, Regional Manager at CNA Surety, to explore best practices for contractor ESOPs. A key theme throughout our conversation is communication—and lots of it. One of the biggest mistakes a contr...
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Season 6
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Episode 11
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55:56
EP10 - Band of Brothers - Employee Centric Cultures For ESOPs
The show “Band of Brothers” offers a perfect example of leadership from the character of Captain Sobel and provides examples of overcoming obstacles to establish a strong culture. Specifically, the show provides an example of an employee-centri...
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Season 6
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Episode 10
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40:22
EP9 - ESOPs and The Economy - Interview with Chris Cucci - Climate First Bank
In this episode the podcast discusses the recent uncertainty with the economy and how this effects the ESOP world. Considering this, the podcast interviews senior level banker Chris Cucci with Climate First Bank. Chris’ bank does financing for ...
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Season 6
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Episode 9
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41:06
EP8 - Knowing: Warrants and SARs for ESOPs
This episode provides the background on both Warrants and SARs in an ESOP transaction. The typical usage of synthetic equity structured within a deal can create a solid win-win for the shareholders and the company. Within the topic,...
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Season 6
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Episode 8
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40:31
EP7- ESOP Experience Industrial Supply Company (ISCO) with Jason Ireland, President
On this podcast episode we interview Jason Ireland, President of Industrial Supply Company (ISCO), a distributor of manufacturing parts who went 100 percent ESOP last year. Jason explains the step by step process their 100-year-old company went...
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Season 6
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Episode 7
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38:39
EP6 - Mad World of ESOPs - As Transactions Vary
The Mad World of ESOPs! This episode reviews the roles ESOP professionals play and the reality of variance in one transaction to another. We discuss the differences in costs, approaches to structure, closings, and other areas given ...
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Season 6
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Episode 6
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43:45
EP5 - Selling an Employee-Owned Company - Discussion with Greg Daugherty ESOP Attorney
In some cases an ESOP company can choose to sell to an outside buyer after they transition to an employee-owned company. In this episode Greg Daugherty, Porter Wright and, I discuss the factors related to selling your company after it has...
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Season 6
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Episode 5
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46:52
EP4 - Casino Royale - Taking Chips Off The Table - Partial ESOPs
Arguably one of the best James Bond 007 movies - “Casino Royale” - is it time to get some chips off the table? This episode focuses on the motivations of why some companies look at doing a partial ESOP which is going to be accompanied by ...
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Season 6
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Episode 4
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39:59
EP3 - ESOP Interview with Jeff Forrestall from Forrestall CPAs to discuss ESOP Financing and Tax Planning
Journey to an ESOP and Beyond continues to bring perspectives that can challenge conventional thinking and at the least provide the listener with questions for their advisors. Jeff Forrestall, CPA provides a good overview of the changes i...
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48:30
EP2 - Meet Joe Black - Death and Taxes - 453a Tax Issue Related to Seller Note and Capital Gains Tax
This episode takes advantage of the classic film “Meet Joe Black” starring Brad Pitt and Anthony Hopkins. The podcast uses the movie to demonstrate the two guarantees in life - Death and Taxes. The nuances of taxes can catch individuals b...
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Season 6
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Episode 2
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21:00
EP1 - It Takes A - TEAM (Special Message for New Season)
This is the first episode of the new year where we like to cover changes to the podcast. This kick off message for season 6 focuses on our core value: “It Takes A Team”. This works out well to connect the dots on the old tv show and ...
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Season 6
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Episode 1
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30:58
EP33 – ESCA - Interview with Noelle Montano – ESOPs and Washington
In this episode, Noelle Montano returns to discuss ESCA’s tireless efforts to preserve and promote the S-Corporation ESOP in Washington after the 2024 election. We also discuss some of the impacts employee ownership has on companies, communitie...
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Season 5
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Episode 33
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47:06
EP32 - ESOP Experience with Tactical Rehabilitation Insight from Kevin MacRitchie, CEO and Karen Lyons, CFO On Their Journey To An ESOP
Every company has its own lessons to be learned in the journey of converting to an ESOP. This interview with Kevin MacRitchie, CEO and Karen Lyons, CFO of Tactical Rehab provides key leadership perspective on the transition of this company thro...
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Season 5
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Episode 32
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56:57
EP31 - Alone Again, Naturally Needing To Consider Leadership For An ESOP
This episode highlights the leadership issue a business finds itself continually facing. Ongoing leadership development is a common concern with most companies both before, during, and after the ESOP transition. Going through the feeling ...
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Season 5
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Episode 31
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42:38
EP30 - Challenges For Mature ESOP Companies
This episode addresses effort the challenges and applicable solutions for a mature ESOP company. Diana Clark and Jason Miller provide insight into including preservation of ESOP knowledge in the organization contemplating changes to leadership....
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Season 5
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Episode 30
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47:27
EP29 - Fast and Furious - How Do You Gain Support For Your ESOP
This episode was inspired by the recent NCEO conference and provides a good overview for those that are new to an ESOP or those who have recently transitioned to an ESOP. The podcast discusses the need to build the employee-ownership concept as...
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Season 5
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Episode 29
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37:33
EP 28 - Estate Planning and ESOPs: Interview with Agnes Gregory (Tax Partner) and Justin Stemple (ESOP Attorney)
This episode is extremely timely given the potential changes to estate tax. Agnes Gregory with Berman Hopkins CPA tax team in Orlando FL and Justin Stemple with Warner Norcross + Judd from Grand Rapids, MI explain how important it is to h...
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Season 5
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Episode 28
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44:43