Speaker Date Topic
Michael Schahfer, Teamshares Nov 04, 2020 7:30 AM
Investing in US Small Businesses and Employee Ownership
Investing in US Small Businesses and Employee Ownership

Small businesses employ almost half the workforce and U.S. Baby Boomers, who own at least 2.3 million of them, need to sell over the next decade. Attempted sale processes fail 80% of the time. There just aren’t enough buyers. Employees are the natural buyers but don’t have the risk-tolerance, money, or experience to do it alone. Teamshares is solving this problem by buying companies from retirement-age owners and transitioning them to majority employee ownership over 10+ years. Teamshares buy companies from retiring owners, seed employee ownership, incorporate our financial software and education, and plug them into our peer network. The team has successfully completed the first three small business transitions and employee-ownership conversions at Teamshares in 1Q20, the second of which was Planforce Group, an architecture firm right here in greater Minneapolis.

Alex Eu is a co-founder of Teamshares, a venture backed company helping convert small businesses to be employee owned. He is also President of All Type Electric, a family and employee owned electrical contractor and a co-founder of Libero Sports, an emerging markets soccer agency. He previously worked at investment firm The Chernin Group and investment bank Perella Weinberg Partners

Mike Schahfer is the Director of Business Operations at Teamshares where he works on building a smooth onboarding and transition process for our companies. Mike started his career at the Boston Consulting Group before working in operations at a N.Y. based charter school network called Uncommon Schools. He received his B.A. from Duke University and remains a huge fan of its basketball team. 

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MCOL Annual Awards Program Nov 11, 2020 7:30 AM

November 11 is the annual awards program – where Minneapolis City of Lakes Rotary Club recognizes its members for their monetary contributions, dedicated service, and leadership to the club and the wider community. 

In addition to recognizing monetary donations to the Minneapolis City of Lakes Rotary Foundation and the Rotary Foundation, the following awards will be given: the Merle Else Heart of Rotary Award (given to a club member dedicated to Rotary), the John Fischer Rotary Hope Award (given to a non-club member giving community members hope for the future), the Don Backstrom Service Above Self Award (given to a club member for exceptional District service), and the Richard Parrish Emerging Leadership Award (given to a newer club member engaged in the spirit of service within the club). Don’t miss this program – you will see Service Above Self come to life!

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Jack McCann, TC Farms Nov 18, 2020 7:30 AM
Sustainable Agriculture and the Challenges of Local Food
Sustainable Agriculture and the Challenges of Local Food

Jack McCann, entrepreneurial founder of TC Farms, will share the compelling story of how he and his wife left regular jobs to buy a 23-acre hobby farm to raise better foods than what was offered at the grocery store. After a decade, they are the largest direct-to-consumer pasture-based farms in Minnesota, facing challenges in an industry designed to provide the cheapest, lowest quality food to consumers. Jack has found success in a business and distribution model that allows them and other farmers to raise food the right way. Hear Jack’s success story, what it took to get there, and how he’s discovered opportunity in a pandemic.
Plus
, he’ll share cooking tips for a perfect Thanksgiving turkey! 

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MCOL Vocational Roundtables Nov 25, 2020 7:30 AM

Join us for the always popular Vocational Roundtables! Members meet in small groups to discuss important questions such as, how does my vocation enable me to be of service to others? How does my vocation make me a better Rotarian? How does my membership in Rotary enable me to perform better in my vocation? Learn more about each other and share ideas on how we can serve each other and the community even better!

Charles Zelle, Metropolitan Council Dec 02, 2020 7:30 AM