Employee Ownership Explained: ESOP, ECP, Coops, & EOT

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Gen Z is shaking up the workforce. They are the most entrepreneurial generation to date, using side hustles as a low-risk way to test their hand at entrepreneurship while still working or studying, and they aspire to go big and create positive impact.  As employees, they want a sense of ownership in the work they do. Ultimately, these dynamics make it clear that Gen Z — and employers and business owners from any generation — should know about employee-owned businesses: Employee Employee Stock Ownership Plans (ESOP), Equity Compensation Plans (ECP), Worker Cooperatives (Coops); and Employee Ownership Trust (EOT). What is employee ownership, how does it work and why does it matter?

Joining us to help break it down is business advisor and entrepreneur Greg Loosvelt. Greg manages a community of start-up growth leaders and is passionate about economic equality. A Yale graduate, he was one of the founders of Mitchel Madison Management Consultants and founder of Sagres Partners, a long-short hedge fund. He has invested in companies of all sizes and started and sold companies, focusing on increasing access to products and services that unlock human potential, from software to sustainability. Greg has spent most of his career as a financial analyst and CEO, with responsibilities ranging from strategist to portfolio manager, and scaling operations to product management while rolling out global products. 

LinkedIn: https://www.linkedin.com/in/greg-loosvelt-4875592a/
SCORE: https://santabarbara.score.org/
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