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#161 - Interview with Chris Fredericks, Founder of Empowered Ventures

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This week, Victor and Benton spoke with Chris Fredericks, founder of Empowered Ventures, a uniquely structured holding company that is employee owned. In our conversation, we covered:

  • A deep dive on how ESOPs work

  • When ESOPs make sense in a business transition

  • How to implement an ESOP

  • The dynamics present within an employee-owned company

  • What types of companies are best for ESOPs

If you are interested in learning more about ESOPs or how to explore whether or not an ESOP may work for your business, reach out to us and we’ll be sure to point you in the right direction resource-wise. In the meantime, explore these links for more information on how ESOPs work:


Listen: iTunes, Spotify


LINKS


What is an ESOP? (Corporate Finance Institute)


How an ESOP works (NCEO)


A visual guide to ESOPs (NCEO)