John Abrams is a builder, author, and visionary business leader who helped pioneer employee ownership in the U.S., and we spoke about how mission-driven companies can grow intentionally, remain deeply collaborative, and endure beyond their founders. What happens when a business born from passion faces the reality of succession? How do you preserve values, not just value?John shares his remarkable journey from being a “wandering hippie carpenter” to leading a 40-person architecture and building firm for decades — and ultimately transforming it into a worker cooperative. “Abrams, you've got a unique idea: subsidized housing for the rich,” a mentor once told him, prompting a turning point that ignited his business education and sparked a commitment to purpose-driven entrepreneurship.We explored the evolution of his company’s ownership model, how a sabbatical led to a powerful experiment in distributed leadership, and why he believes every small business should begin succession planning long before the founder steps aside. “It makes a lot of sense to disentangle the ownership progression from the leadership change,” he explains — an insight drawn from his own decades-long experience.At the heart of the conversation is John’s new book, From Founder to Future: A Business Roadmap to Impact, Longevity, and Employee Ownership, a guide for founders who want to keep their mission alive and share the wealth with the people who helped build their businesses. With millions of U.S. small business owners approaching retirement, John outlines a roadmap for longevity, impact, and fairness — offering real-world examples of employee ownership options like ESOPs, worker co-ops, and trust transitions.Highlights & Key Themes:The business case for not chasing endless growth: “It was not our aspiration to become a big company. It was our aspiration to become a great company.”How becoming a worker co-op changed everything — and made enduring excellence possible.Lessons from a failed leadership experiment, and how it eventually sparked a resilient management structure.The urgent need for succession planning: “Most small businesses don't think about it until the founder is ready to retire.”Three powerful employee ownership models — and why every founder should know them.Key Takeaways:Great companies can — and should — be small, values-driven, and democratically run.Succession isn’t a moment; it’s a long process that works best when begun early.Employee ownership isn’t one-size-fits-all — but it’s a transformative option founders often overlook.Intentionally designed transitions can preserve a business's soul while sharing its success.This episode is a masterclass in rethinking business not as a commodity to be sold, but as a legacy to be stewarded.
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