{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Bicycle For The EO Mind","title":"Building Eudaimonia as an ESOP: Employee Owners at JOMA Construction","html":"","width":"100%","height":180,"duration":3776,"description":"John Newland from JOMA Construction needed an exit that would prevent culture disruption, offered financing, and guaranteed his team would be taken care of. Plus, they wanted to keep building eudaimonia.\n\nIn our conversation, John and Mackenzie share:\nThe journey from flipping houses to a 30-owner ESOP success story.\nWhy transparent communication from day one created trust throughout the transition\nHow seller financing aligned long-term interests between owner and employees and avoided the “us vs them” mentality\n\nMAILBAG | GET IN TOUCH WITH US\nWe'd love to feature your voice in an upcoming mailbag episode! Maybe you've got a question for us? You can leave us a voicemail at 650-203-6565, or if you prefer, send an email to social@zolidar.com. But remember, voicemails make for more engaging episodes—we want to hear your actual voice!\n\nZOLIDAR LINKS:\nHome Page: https://zolidar.com\nPodcast: https://zolidar.com/podcast\nBlog: https://zolidar.com/blog\nZOLIDAR FEATURES\nDay Zero Guide: https://zolidar.com/exit-plan-guide\nAha! Planner: https://zolidar.com/exit-financial-plan\nZolid AI: https://zolidar.com/dashboard?zolidai=true\nZOLIDAR SOCIAL MEDIA\nLinkedIn: https://www.linkedin.com/company/zolidar/\nYouTube: https://www.youtube.com/@zolidar\nX: https://x.com/zolidar\nInstagram: https://www.instagram.com/zolidar_com\nFacebook: https://www.facebook.com/zolidario\nDEEP DIVE ANALYSIS\nStrategic Transition Planning\nEight-month timeline from decision to closing.\nCore values guided decision-making: teamwork, continuous improvement, do the right thing, and WOW customer service.\nCreative Deal Structure\n100% seller financing avoided traditional banking constraints.\nStructure aligned interests between seller and employees\nOwner remained engaged post-transition\nDemonstrated how smaller companies can make ESOP transitions work\nTrust-Based Implementation\nCFO represented employee interests alongside trustee.\nNine rounds of offer/counter-offer negotiations.\nTransparent communication from initial...","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}