Operational Consultant, Teamshares
+ Equity
50+% travel is expected
Creating employee-owned small businesses
Job no longer available
Creating employee-owned small businesses
101-200 employees
Job no longer available
+ Equity
50+% travel is expected
101-200 employees
Company mission
To put $10 billion of wealth in the hands of hardworking Americans.
Role
Who you are
- Bias to action. You act now to help fix a company
- Strong interpersonal skills. In co-management situations, you work collaboratively with the president as their partner. In interim management situations, you calm the nerves of the team, and instill confidence in the employee-owners
- Love of implementation and operations. This is not an ivory tower strategy role. It’s to quickly develop strategic changes, and implement them. It’s a move from advisor to principal. You are both the consultant and the CEO. The twist is that being the CEO of a startup or small business is a gritty operational job, not a strategy job from behind the desk
- Running towards the fire. You can handle tough conversations. A company losing money is an intellectual puzzle, not something you run from
- 1-5 years of top-tier consulting experience or a combination of consulting and small business leadership experience
- Demonstrated people leadership skills through past work experiences
- Strong interpersonal and communication skills; low-ego
- Entrepreneurial mindset and a desire to build
- Project-management and problem-solving skills with a roll-up-the-sleeves, get-it-done attitude
- Business acumen and analytical skills to oversee company financials and develop business strategy
- Growth-mindset and a willingness to explore new ideas and innovations; not afraid to learn from your mistakes
- An ability to think creatively, be adaptable and curious
What the job involves
- We are searching for a small business Operational Lead to work within the Teamshares network and assist our employee-owned businesses with turnarounds, transformations, and growth
- During an engagement, you’ll work directly with a network company, providing strategic support, coaching, and operational implementation to help them grow
- This role may focus on helping presidents in a more advisory function in some cases, or in others, the actual job to be done is to be on-site co-management or full-time interim management
Our take
Small, local businesses often live and die with the careers of their founders. Few of these business are bought when founders retire, leaving holes in communities and owners without the retirement payout they deserve. That’s where Teamshares steps in, by buying small business as their owners retire, and then returning them to employee ownership.
Teamshares has developed its own software that not only assists with the employee buyout transaction, but also covers general operations, financial advice and assistance as the employees gain ownership of the companies. It’s a model that puts long-standing workers first - an approach that has gained the company plenty of positive attention.
Teamshares has certainly found its niche by supporting participatory capitalism, in which companies can continue operations owned by those with the greatest interest and know-how to do so. So far, it has brought employee ownership to more than 80 small businesses, creating over 2000 new employee-owners. It has also raised financing that supports further scaling efforts and accelerated product development.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
31% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Aug 2023
$124m
SERIES D
Nov 2021
$90m
SERIES C
Total funding: $220.3m
Company benefits
- Remote-first
- Location-independent salary
- Comprehensive health coverage, 100% paid for by Teamshares
- Parental leave - 3 months for partners, +3 additional months for a delivering parent
- Retreats & offsites - We come together twice a year at great locations
- Building Wednesday - No internal meetings on Wednesdays so you can focus on deep work
- Remote office stipend
Company HQ
Brooklyn Heights, NY
Leadership
Michael Brown
(Co-founder)Previously worked as an Investment Banker Analyst and Research Associate in Areospace and Defence at Morgan Stanley. They were also a Director at Perella Weinberg Partners, and are still employed as a Director at All Type Electric, and Partner at Coles Bay Group.
Alex Eu
(Co-founder)Alongside Teamshares, they are a Director at All Type Electric, a Partner at Coles Bay Group and a Part Owner of Libero Sports. They were previously Co-president of Multin Electric and a member of the Investment Team at TCG.
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