Worker owned businesses just are better.
Don’t believe me. Believe Frank Shipper, an emeritus professor at Salisbury University in Maryland and editor of a book, Shared Entrepreneurship.
Shipper is a scholar who has spent years studying worker owned businesses – both ESOPs and worker cooperatives – and he really is convinced that in many cases worker owned businesses just outwork their conventionally structured competitors.
Why aren’t there more worker owned businesses? Partly it’s ignorance. Most of us just don’t know that much about them, and many of us confuse them with communes.
There also are issues around raising capital, especially with worker cooperatives.
Shipper, for his part, has labored hard to dispel the ignorance. And that’s what this podcast is about.