As I suspect most of you know, a few days ago the Business Insider posted an article stating that, in the near future, Zingerman’s would be transitioning to a “worker-owned cooperative”. As you may not know, however, the folks at Zingerman’s quickly came out to say this wasn’t the case. While they were indeed planning […]
Tag Archives: corporate structure
Paul Saginaw sets the record straight on employee ownership and participation within an evolving Zingerman’s, contemplates the future without him
Posted in Ann Arbor, entrepreneurism, Food, Local Business, Locally Owned Business | Also tagged Alissa Barron-Menza, Ari Weinzweig, BALLE, brand identity, Business Alliance for Local Living Economies, business models, consensus, cooperatives, Dancing Sandwich Enterprises, employee ownership, equity, ESOPs, intellectual property, Paul Saginaw, SEC, Securities and Exchange Commission, succession planning, sucessation, Zingerman's, Zingerman's Community of Businesses | 28 Comments
Ann Arbor entrepreneurs Dug Song and Paul Saginaw exchange thoughts on employee ownership and the meaning of wealth
A few days ago, I posted a video in which Zingerman’s co-founder, Paul Saginaw, said the following. “A business shouldn’t exist in order to create wealth. It should exist in order to give people better lives.” Well, that elicited a comment from Ann Arbor software entrepreneur Dug Song, who, among other things, had questions concerning […]
Posted in Ann Arbor, Economics, entrepreneurism, Uncategorized | Also tagged Arbor Networks, Ari Weinzweig, Beyster Institute, Bob Beyster, business models, Chip Conley, Dancing Sandwich Enterprises, Dug Song, Duo Security, employee ownership, ESOPs, Joie de Vivre Hospitality, Leland Stanford, liquidity, National Center for Employee Ownership, ownership, Paul Saginaw, pirates, Predator UAV, revenue sharing, SAIC, servant leadership, startups, stock options, tech startups, the veneration of wealth, wealth creation, what is wealth, Zingerman's, Zingerman's Community of Businesses | 7 Comments