{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Bicycle For The EO Mind","title":" Why a Bay Area IT Firm Made the Transition From Owner-Operated to Worker-Owned to Secure Its Future","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/78ab67bb\"></iframe>","width":"100%","height":180,"duration":2774,"description":"Meet Jerry Skomer, founder of Alternative Technologies, an IT and telecom services company that supports Bay Area nonprofits and progressive businesses. Jerry faced a crucial challenge: how to preserve the company’s values, protect employees’ jobs, and ensure continued community service. His solution? Transforming Alternative Technologies into a worker-owned cooperative. The transition wasn’t easy—COVID-19 included, Jerry financed a third of the sale, structured an earnout over six years, and retained management hiring control for three.In this episode, you’ll hear about:Balancing Agility and Risk AversionTrusting the ProcessThe Role of a Task ForceSharing the RiskMAILBAG | GET IN TOUCH WITH USWe’d love to feature your voice in an upcoming mailbag episode! Have a question for us? Leave a voicemail at 650-203-6565, or send an email to social@zolidar.com. Voicemails make for more engaging episodes—we want to hear your actual voice!ZOLIDAR LINKS:Home Page: https://zolidar.comPodcast: https://zolidar.com/podcastBlog: https://zolidar.com/blogZOLIDAR FEATURES:Day Zero Guide: https://zolidar.com/exit-plan-guideAha! Planner: https://zolidar.com/exit-financial-planZolid AI: https://zolidar.com/dashboard?zolidai=trueZOLIDAR SOCIAL MEDIA:LinkedIn: https://www.linkedin.com/company/zolidar/YouTube: https://www.youtube.com/@zolidarX: https://x.com/zolidarInstagram: https://www.instagram.com/zolidar_comFacebook: https://www.facebook.com/zolidarioCHAPTERSKey Terms Used in This Episode:EBITDAValuation Multiples EarnoutIndicative ValuationCONNECT WITH ALTERNATIVE TECHNOLOGIESWebsite: https://www.alternativetechs.com/Zolidar's Community: https://zolidar.com/community/organization/alternative-technologies-serviceprovider-TlxChEREFERENCED IN THIS EPISODE:Jerry Skomer (Former Owner & President): https://zolidar.com/community/person/jerry-skomer--tpXKobShared Capital: https://zolidar.com/community/organization/shared-capital-cooperative-capitalprovider-RkCkLVProject Equity:...","thumbnail_url":"https://img.transistorcdn.com/uJqpzIPNlLKXYo1d9uhUg3Vxe9TXy51iWrNAFDOt9V0/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8wYjNm/ZjFhNmMxNmI5ZGNl/YTQwNjYzY2MzN2I4/M2E5MS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}