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081024 | Simon Morton

"Today, we’re excited to be joined by Simon Morton, a seasoned entrepreneur and author with a deep commitment to employee ownership and effective business storytelling.
He founded Eyeful Presentations, a company specializing in crafting impactful presentations, which transitioned to employee ownership under his leadership.
Simon's latest book, "Employee Ownership: A Guide to Transitioning from Boss to Benefactor," offers practical insights for business owners considering a shift to employee ownership.
During today’s episode we are going to dive into the reasons why he handed over his successful company to his employees and the journey he followed to ensure a successful transition.
Simon, welcome to the Alternative Exit!
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Amazon
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Interview Questions:
Did you explore different options
Build a business and then you go and find a trade sale
Tired
not ready to sell.
So important to have a strong mgmt team
How do you prepare in a short time frame
If you are tired, it is not going to work.
Find other ways to be engaged.
Journey in Faith
Educated bet
they need to pay you back
What do you say to Employee Owners that don’t want this
3 pillars
Communication. Ask me anything?
People
You need an inner circle
Exciting, but what does it mean for me? Why are you doing this?
Launch
Documents, FAQs
Ask me anything sessions with small groups
Decided not to explore them with any great vigour, becuase of the ability to sleep at night.
A magic number
What to do with your time post
It comes down to my Dad. He was so defined by his journey

Your journey with Eyeful Presentations culminated in transitioning the company to employee ownership. What motivated you to take this path, and how has it impacted the company culture?
Encourages Simon to share personal motivations and the cultural transformation resulting from employee ownership.
In your book, you discuss the transition from 'Boss to Benefactor.' Could you elaborate on the key challenges business owners face during this shift and how they can overcome them?
Provides insights into common obstacles in transitioning to employee ownership and strategies to address them.
Employee ownership is often linked to increased employee engagement and business resilience. From your experience, what are the most significant benefits you've observed?
Highlights tangible advantages of employee ownership based on Simon's firsthand experience.
For business owners contemplating employee ownership, what initial steps would you recommend to ensure a smooth transition?
Offers practical advice for initiating the process of transitioning to employee ownership.
Looking ahead, how do you envision the future of employee ownership in the UK, and what role do you see it playing in the broader business landscape?
Explores Simon's perspective on the evolving role of employee ownership in the UK's business environment.
3 Pillars
Communication.
Process
Specialist EoT advisor. Backson Dale
HMRC.
People
Luke & Lloyd
there are horror stories,
Since leaving the business has grown and grown

Trustee board, democratic process to get people on board
decentralised decision making.

Fast round
Fast round of questions. I ask you a 3 questions and you offer a quick response. Does that sound ok?
Who is the leader you most admire in EO? Julian Richer. Founder of Richer Sounds.
What is your favourite resource on employee ownership? There is not a huge amount for an owner going through the process. EOA, developing nicely
What would you say to an business owner sitting on the fence re: exiting to employee ownership. Research, research & research.

Thank you.

Thank you so much for your time and sharing your thoughts with us today.
Books -
Where can people follow you if they would like to learn more?


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