From Shareworks by Morgan Stanley, this is Thriving Globally with Equity: A podcast following companies as they break into global markets.
On today’s episode, Ryan Ghisi, General Manager of Global People Programs at Xero, tells us the story of how Xero went from being a startup working from a rented apartment in New Zealand, to the very first cloud accounting software used worldwide. Ryan shares the company’s visionary commitment to employee equity and how they’ve made it possible to honor the founder’s adamant “that employees should always own a piece of the company”. Listen now and learn about growing your startup, expanding globally and overcoming challenges while building a solid equity plan your company will be proud of.
Jump straight into:
(00:48) - Xero’s very first steps - “ It's almost kind of like building the plane as you're flying it sort of thing.”
(04:07) - From a light startup to a successful giant - “You start off relatively informal, relatively policy light, and as you grow up and become more mature, you have to implement some of these things without kind of breaking the business.”
(05:01) - Xero’s Long Term Incentive Plan and growing with Shareworks - “Former CEO, Roger Reary, firmly believed in having all employees as shareholders, giving them that skin in the game.”
(12:25) - Equity making the charts - “Certainly in New Zealand and Australia, we've seen much more interest from the public in share trading. And I think what's helped that has been some of the tools.”
Resources
Connect with Ryan through https://www.linkedin.com/in/ryan-ghisi-a311229/?originalSubdomain=nz (LinkedIn)
Check out Xero’s https://www.xero.com/ (website) for more information about their work.
Thanks for joining us! To learn more, check out our https://www.shareworks.com/podcast (website), where you'll find other episodes of Thriving Globally with Equity, along with deep dive articles on each story.
Thriving Globally with Equity is a production from https://www.shareworks.com/ (Shareworks) by Morgan Stanley, written by David Vallance from https://campfirelabs.co/ (Campfire Labs), narrated by http://mercyleebell.com/ (Mercy Lee Bell), with additional production and editing by https://www.studiopodsf.com/ (StudioPod Media).