Ever thought about using an Employee Stock Ownership Plan (ESOP) as a way to transition your business? 

In this episode, Adam Hill sits down with ESOP expert Kelly Finnell to break down how these plans work, why they’re the best move for some family-owned businesses, and what it really takes to put one in place.

They’ll cover how ESOPs can protect your company’s culture, reward your team, and offer a meaningful path to succession—all while keeping the heart of the business intact.

0:00 Intro

5:37 Kelly's journey as an ESOP pioneer

19:22 Tax benefits and "losers" in ESOP transactions

25:52 Minimum requirements for ESOP candidates

31:43 ESOPs in different industries and cultures

36:32 Governance structures in ESOP companies

40:11 The concept of compassionate capitalism

43:42 How owners can prepare for ESOPs

Resources Mentioned:

The ESOP Coach by Kelly Finnell

EFS ESOP Consultants

Email: [email protected]

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IG: @theadamchill

YouTube: @adamchill

LinkedIn: https://www.linkedin.com/in/adamchill