Dave Tenny, founder of Firstar Precision, shares the company’s experience with Empowered Ventures. Firstar, a precision CNC machine shop, has a core focus on quality, delivery, and price for their customers. Empowered Ventures, an ESOP-owned holding company which acquired Firstar, introduced an employee ownership culture that encourages employee involvement. This unique approach empowers employees to feel ownership of their work and make a real difference. The transition to employee ownership has brought about an even more fun, collaborative atmosphere, emphasizing the benefits of increasing efficiency and fostering a sense of true ownership among employees.
