Bret Keisling shares an excerpt from the Owner to Owner podcast with Jesse Tyler featuring a guest from employee-owned and B-Corporation ReVision Energy who discusses how the company's values align with his own, which could be a great way to engage with younger employees and potential hires.
Obviously, employee-owned companies engage in capitalism, the very nature of EO is more beneficial by sharing profits and proceeds with those who create value, and helping to make our local and national economies stronger.
... or watch the video below.
Mini-cast 248 Transcript
[00:00:00] Bret Keisling: Welcome to the EsOp Mini-cast. Thank you so much for listening. My name is Bret Keisling, and as it says on my business cards, I'm a passionate advocate for employee ownership. I'm very proud of the work Jesse Tyler does as host of the Owner to Owner podcast, which I produce as part of the EO Podcast Network. This week, we dropped Episode 56, which features three great employee owners at ReVision Energy, which is both employee owned and a B corporation. The Owner to Owner podcast specializes, as its name suggests, with Jesse Tyler an employee owner at Hypertherm Associates speaking with primarily rank and file employee owners at a variety of companies. He has about a half dozen questions that he asks on each episode.
[00:00:54] Bret Keisling: One of them is how his guests talk about employee ownership with their friends and family. One of the guests this week, Thomas Tutor at ReVision Energy gave what I felt was an amazing answer in two and a half minutes, he spoke about company values, aligning with his own and how employee owned companies and B corporations can engage in a form of capitalism that is better, not just for employee owners, but for society at large.
[00:01:20] Here's Jesse Tyler with the question. And then you'll hear from Thomas Tutor.
[00:01:25] Jesse Tyler: So, Thomas, to give you an opportunity; talking about ownership with friends and family.
[00:01:29] Thomas Tutor: Yeah. With friends and family, I think I'm a little quicker to get on sort of the philosophical or like cultural societal focus, which I have gotten really excited about. I think more so in the past few years of employee ownership and B Corps in general.
[00:01:48] Like, I think there's a growing awareness out there in the world that as sort of what Malcolm was touching on that corporations and shareholder, like crony capitalism that we have running right now. I mean, my background is in economics and I think there's just very clear market failures and issues with the way that our capitalistic model has grown.
[00:02:13] To me, employee, you know, ESOPs, B Corps, are this amazing opportunity to use business as a force for positive social change and do it in a way that feels good to everybody. That like, we're actually working on something that is beneficial and we, you know, earn some of that value creation. And that it is not this sort of siphoning of money and resources out of local communities and contributing to the like income inequality that is happening, you know, around the planet and, you know, environmental degradation and, and all the issues that we find ourselves here in, in 2023.
[00:02:57] And I think it's really important for young people, especially. You know, I'm about to have my first kid, so maybe I'm not considered a young person anymore. I'm sort of thinking of people younger than me that there's a vision for the future that is positive and hopeful. And I think employee ownership and B Corps are a huge part of that to show that "business" and like "capitalism" is not bad. It's that we can do it in better ways.
[00:03:26] And these are examples. So, I get really excited about, you know, the grand experiment that is ReVision. And, you know, I'm sure other ESOPs feel the same way. That we're leading by example of this better way to do business for our employees and our customers and our planet and our communities.
[00:03:47] So, yeah, I sort of get more into that, I think, with friends and family and wait 'til I sort of gauge a person and how deep of a conversation do you want to get into before I go there with a stranger.
[00:04:01] Bret Keisling: A question I regularly get is how do we talk to young workers about employee ownership? As a matter of fact, that was a topic of Mini-cast 240 that we released in October 2023. Thomas Tutor's excerpt is a great way to engage younger workers. If you want to find work that aligns with your personal core values, then they're more likely to find it at employee owned companies than other types of business models.
[00:04:26] I hope you'll check out Jesse Tyler's full Episode 56 of the Owner to Owner podcast with ReVision Energy. It's a great conversation with Thomas Tutor and his colleagues, and you can find it at www.OwnerToOwnerPodcast.com, and we'll include a link in the show notes to this Mini-cast.
[00:04:44] With that, we'll wrap up this episode of the Mini-cast. Thank you so much for listening. This is Bret Keisling. Be well.
[00:04:51] Bitsy McCann: We'd love to hear from you! You can find us on Facebook at EO Podcast Network and on Twitter [X] @EsOpPodcast. This podcast has been produced by Bret Keisling for the EO Podcast Network. Original music composed by Max Keisling. Branding and marketing by BitsyPlus Design. And I'm Bitsy McCann.
Standard Disclaimer: The views expressed herein are my own and don't represent those of my own firms or the organizations to which I belong. Nothing in the podcast should be construed as guidance or advice of any kind in any field and the fact that I mentioned an organizational website or an advocate or a company on a podcast does not reflect an endorsement, but if you've heard your name or your group's name mentioned on this podcast, I'd love to have you come on and talk about it yourself.
A note on the transcript: This transcript was produced by Descript, an automated transcription service. While it has been reviewed by The EsOp Podcast, we cannot guarantee the accuracy of the transcription. Please refer to the original audio when citing sources.