Power Station

A conversation with Steve Storkan is an education in the potential of employee ownership to build community, family, and intergenerational wealth. His passion for building a better future for workers was shaped by seeing his own father work multiple jobs to cover a mortgage. He knew that a strong work ethic is not a substitute for the assets needed to ensure a secure life and a viable retirement. When Steve became a certified financial planner, he introduced business owners whose families were not prepared to continue their legacy to the Employee Stock Ownership Plan, a retirement plan that allows employees to purchase a company from the selling shareholders. As founder and Executive Director of the Employee Ownership Expansion Network, Steve advances the mission of worker ownership through the creation of state-based centers. They are a resource for business owners to learn about this formula for wealth transfer and for new businesses to begin their journey as worker owned cooperatives. This episode of Power