Today on the podcast I’m joined by Eric Rieger with WebIT. Eric has been running his MSP for 25 years and has learned many lessons through his growth.
One that has had a profound impact on his business is using a system called open-book management. This is the practice of being highly transparent with your finances. Sharing as much financial information as possible with your staff and using it to instill a sense of ownership and awareness of the company finances.
We also talk about his experience in developing an employee stock ownership program or ESOP.
Eric’s insights here are super valuable and align very closely with what I’ve observed in leveraging open-book management practices. So please enjoy this enlightening conversation with Eric Rieger.