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Showing posts with the label employee-holding

Just my thoughts #0766

Sometimes one event causes another. In such cases, the first event is often the result of a previous event that led to it. For example, if you roll a die and get a 3, that result already includes the number 3 on the die. If that’s the case, then we should consider that the number of ‘beings born’ in this world is very small compared to ‘things that never came into existence.’ ‘Coincidence’ is thinking that something can happen randomly, and ‘intention’ is excluding the birth of other things to make it happen. - Joseph’s “just my thoughts”

Just my thoughts #0174

Founded in 1991, the American craft beer company, New Belgium Brewing Company, is unique because its employees hold all the shares. Since 1996, the founding couples have distributed 10% of their shares to employees annually as incentives, and they have now completely transformed the company into an employee-owned entity. Currently, the founders hold no shares in the company. Furthermore, all employees receive financial training to enhance their management mindset. Training in financial statements, which includes everyone from minor clerks to executives, is standard practice for the company. Running a company without the ability to read financial statements is like signing a contract without understanding the terms. - Joseph’s “just my thoughts”