Given the prevalence of desire to be “an entrepreneur” and run their own businesses among young people in school and entering the workforce today, it would seem there’s a widespread demand for careers where rising talent can earn a stake in the action. How many of them dream of owning an electrical distributor? Probably not many, sadly, but the widespread use of employee stock ownership plans (ESOPs) and other forms of employee ownership among thriving electrical distributor
Pride of Ownership: ESOPs in electrical distribution
The employee-owned electrical distributors that thrive and grow very likely would thrive and grow under a different form of ownership, if they had the same executive team leading them.