Mini-cast 219: Trader Joe's - Almost An ESOP

Bret Keisling shares the story of how Trader Joe's almost became an ESOP as told by company founder Joe Coulombe in his business memoir "Becoming Trader Joe: How I Did Business My Way and Still Beat the Big Guys," co-written by Patty Civalleri. Many of the factors that led to the company's success are hallmarks of successful ESOPs: great salaries, high retention, open book management, and employee communication. The full transcript of this episode, which includes a link where you can purchase the book at employee-owned Raven Bookstore, is available on our website at https://www.TheEsOpPodcast.com/post/mini-cast-219-trader-joe-s-almost-an-esop