Full-Time

Network Company President

Posted on 2/4/2025

Teamshares

Teamshares

51-200 employees

Facilitates employee ownership of small businesses

No salary listed

Senior, Expert

Fort Worth, TX, USA

The job is onsite in Fort Worth, TX.

Category
Project Management
Strategy Development
Business Development
Business & Strategy
Required Skills
Sales
Financial analysis
Marketing
Business Strategy
Requirements
  • Hands-on experience in the home services industry or the broader construction industry
  • Proven experience in sales and sales management
  • Proven capability to prioritize and delegate tasks based on urgency and impact
  • Ability to communicate effectively, solve problems, and foster constructive collaboration with all employees
  • Proven people leadership abilities through previous work experiences
  • Possess an entrepreneurial spirit with a desire to build and innovate
  • Proven project management and problem-solving skills
  • Strong business acumen and analytical skills
  • Embrace a growth mindset
  • Demonstrate an open, agile mind, equally adept at thinking creatively and critically
  • Ability to partner with stakeholders to establish a clear vision, define measurable KPIs, and develop strategies to achieve financial goals
Responsibilities
  • Serve as president of two small businesses in the home services industry
  • Determine/be responsible for all business strategy, operations, and P&L management
  • Lead an experienced team of existing employee owners
  • Collaborate on financial decisions
  • Drive business growth through marketing and outreach
  • Manage HR responsibilities
  • Analyze current business methods and practices
  • Invest in the local community and build strong relationships
  • Collaborate with Teamshares during the transition to employee ownership
  • Act as a growth leader, working with employee-owners to improve operations

Teamshares facilitates employee ownership of small businesses, focusing on those whose owners are nearing retirement. The platform buys these businesses and gradually transfers ownership to employees, starting with 10% of the stock and increasing to 80% over 20 years. This approach helps maintain business continuity and prevents job losses that can occur when a business is sold or closed. Teamshares generates revenue from the profits of the businesses it acquires and also offers proprietary software, education, and financial products. By promoting employee ownership, Teamshares aims to redistribute $10 billion of stock wealth to hardworking Americans, ensuring financial stability for employees and contributing to the local economy.

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$214.3M

Headquarters

New York City, New York

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • Teamshares has acquired over 90 SMEs, creating 2,600 employee shareholders.
  • Recent $225 million debt financing supports further acquisitions and growth.
  • Expansion into Japan indicates growing international interest in their model.

What critics are saying

  • Increased competition from tech-enabled platforms like SKROL.
  • Expansion into Japan may pose regulatory and cultural integration challenges.
  • Growing popularity of employee ownership models may dilute Teamshares' market proposition.

What makes Teamshares unique

  • Teamshares is a market leader in small business employee ownership.
  • The company uniquely targets retiring small business owners for acquisitions.
  • Teamshares gradually transfers 80% ownership to employees over 20 years.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Company Match

401(k) Retirement Plan

Profit Sharing

Paid Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

0%

2 year growth

1%
Business Wire
Oct 3rd, 2024
Generational Group Advises Chariho Furniture in Its Sale to Teamshares

Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Cha

PR Times
Jul 31st, 2024
MPower Partners Invests in Teamshares

Title: "MPower Partners Invests in Teamshares" Content: MPower Partners has made a growth equity investment in Teamshares, a company addressing the succession crisis in SMEs by acquiring businesses from retiring owners and transitioning 80% ownership to employees over 20 years. Teamshares has acquired over 90 SMEs in the US, creating 2,600 employee shareholders. The investment supports Teamshares' expansion into Japan, with backing from Mitsubishi UFJ Innovation Partners and Nomura Holdings.

Medium
Jul 31st, 2024
MPower Partners Invests in Teamshares

MPower Partners, Japan’s first ESG-focused global venture capital fund, has invested in Teamshares, an employee ownership platform for small businesses. Following investments by MUFG Innovation Partners in February and Nomura in March, Teamshares plans to establish its first employee-owned business in Japan this year. Teamshares aims to create a network of 10,000 employee-owned companies and $10 billion in stock wealth for employees.

Refresh Miami
Jul 11th, 2024
Skrol Closes $1.2M, Launches Business Acquisition Platform To Pioneer The Tech-Powered Future Of Smbs

By Riley KaminerLet’s say you’re fresh off an MBA at a top school. What’s your next step? The roles that were traditionally top of mind might have included consulting, investment banking, tech.Increasingly though, the top business minds are gravitating toward the world of small business, buying their way into the C-suite rather than founding companies. Search funds are one way to do it: raising some capital to buy a business – an activity that Harvard Business School even supports its students in doing.On the demand side, this interest in SMBs also adds up, with the US economy bracing for a so-called “small business silver tsunami” as baby boomers retire.Miami-based SKROL is getting in on the action and helping others ride the wave too. Founded by serial entrepreneur Michael Cassau (former leader of German-Miami unicorn Grover), the startup is building a tech-enabled platform to source, acquire, and improve small and medium sized businesses.To fuel this mission, SKROL has officially closed a $1.2 million pre-seed equity fundraise led by Magnetic Capital. In an interview with Refresh Miami, Cassau added that we can expect to see SKROL publicly announce a debt fundraise sooner rather than later, as this will enable the company to start buying businesses. A peek into the future of SKROL’s story – and a unique insight into the technology it has already built – can be found by visiting SKROL.ai, which just launched this week. There, the sourcing platform that SKROL has built for its internal deal sourcing purposes can be accessed for free

Coverage
Feb 1st, 2024
Teamshares Announces $225 Million In Debt Financing

Teamshares, <i class="fa fa-info-circle company-popover" data-content="h3Teamshares/h3. div. table

INACTIVE