ESOP stands for Employee Stock Option Pool. It means the employees become the owners of the business (in simple terms). To make it happen, the business owner often accepts terms that are not quite as lucrative as if they were to sell their business in the open market. And so it's not always an easy leap.

It's Shawn Ely's job at Lazear Capital Partners to help put the pieces together in the best interest of the owner, the business, and the employees.

Purpose Under Pressure is brought to you by The Ruby Group Sandler Sales Training in Akron and Columbus.