Tengo Internet Gives Employees Company Ownership to Make Them Better (Video)Video / Produced by partner of TOW
CEO Eric Stumberg is giving his employees ownership over Tengo Internet and ultimately a chance to transform their own lives.
There’s this conviction and challenge. It’s hard to ask people to act like owners if they’re not. So last year we decided we’re going to become an employee owned company. That’s part of the exit strategy.
This path to employee ownership is now living out this value of ownership. What does that mean for people? You can’t pass a problem because you’re an owner of it now. And you will be financially.
It’s really about being faithful. And that’s really hard. Every piece of business training I had, every type of coaching I had was like: look, you keep score by profit or number of customers served.
There are some really good metrics, but not around the things that have more depth. Like: Did you make a difference in the world? Did you change employees’ lives? Were they transformed by having worked here? Did we make them better? Are they better spouses, better friends, better sons, better daughters?
So many people are broken right now. Their families are broken. We have veterans who have been broken by war. If we can be part of their healing and the redemption of Christ in their life? Amen, man. That’s pretty awesome.
This video serves as an illustration to the TOW Bible Commentary article Employing Assets for the Common Good (Deuteronomy 23:1-24:13).