Episode Summary:
In this episode of The Alternative Exit Podcast, I’m joined by Dr. Tej Gonza—researcher, author, and co-founder of the Institute for Economic Democracy in Slovenia. Tej is a powerful voice in the global employee ownership movement, leading policy innovation and grassroots change across Europe. He’s also a research fellow at Rutgers University and the co-author of the “European ESOP,” an ambitious model that aims to expand employee ownership through democratic, cooperative structures.

We talk about the real impact of employee ownership on businesses, communities, and economic resilience—especially as Europe braces for a wave of generational business exits. Tej also dives deep into how the European ESOP was designed, what makes it unique, and why he believes participatory ownership is essential for building sustainable enterprises. Whether you're a business owner, policy leader, or just curious about the future of capitalism, this one’s packed with fresh ideas and global insight.

Key Takeaways:
- How Tej discovered employee ownership through academic curiosity and macroeconomic mentorship
- Why employee ownership matters from business, social, and macroeconomic perspectives
- The generational wealth transfer challenge facing Europe—and why employee ownership is a strategic solution
- How Slovenia is setting the pace for employee ownership policy in the EU
- The fundamental differences between employee ownership and employee shareholding
- Why capital access and ownership rights matter in building sustainable employee-owned businesses
- How the European ESOP uses a cooperative SPV and rollover model to tackle liquidity challenges
- The importance of education and financial literacy in making employee ownership work
- Why political will, smart regulation, and scalable models are key to driving broader adoption
About Dr. Tej Gonza
Dr. Tej Gonza is the co-founder and director of the Institute for Economic Democracy in Slovenia. A leading researcher in the field, Tej is a research fellow at Rutgers University’s Institute for the Study of Employee Ownership and Profit Sharing and is actively shaping employee ownership legislation across the European Union. He is the co-author of the European ESOP model and a vocal advocate for democratizing economic systems through broad-based, participatory ownership structures.
Connect with Dr. Tej Gonza
LinkedIn: https://www.linkedin.com/in/gonzatej/
Website: https://ied.si/en/
Connect with Andy Farquharson:
LinkedIn - https://www.linkedin.com/in/andyfarquharson/
Instagram - https://www.instagram.com/andyfarq
Website - https://abettermonday.me/
Email - [email protected]