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This Business Decision Could SAVE Capitalism | The Way I Heard It

2024-10-11 Entertainment
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Mike Rowe
Mike Rowe
1.3m subscribers

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Description

Matt Malone is the CEO of a billion-dollar company in the home service industry, who recently restructured his operation in a way that turned 5,500 blue-collar workers—specifically, guys who crawl underneath your house to fix your foundation and waterproof your basement—into owners. We discuss why and how he restructured his company in a way that gives every employee a stake in the company’s success. Subscribe to my channel: https://www.youtube.com/@therealmikerowe/videos If you like me, and even if you don't, follow me. Much obliged. http://instagr.am/mikerowe/ http://fb.me/TheRealMikeRowe http://twttr.com/mikeroweworks

Top Comments (10)

@SooperTrooper100 2024-10-12

I have welding skills from working with the pipefitters and ironworkers. I also have 15 years 18wheeler CDL experience. No college degree. People are not afraid of work. Classism and corporatism is what is afoot. The top is crushing the middle.

92 6 replies
@mustanglady7843 2024-10-12

I love the way Matt Malone continues to use the word "WE" and not "I". That says a lot about the man and his viewpoint of the companies he owns. I would ask him, "What do you look for in a person you hire?" and "How can we "marry" the folks that want to work with a business owner like Matt Malone?" This podcast was exciting and encouraging.

46
@DBene-br7xo 2024-10-26

As a Groundworks employee, I can tell you, this is 100% Matt Malone and 100% Groundworks. I really smiled watching this. This is who this company really is. Thank you Matt for being you! Thank you Mike for showing this to the world.

30
@FerrisStirlingOfficial 2024-10-12

If there is a thumbs down at all for this podcast it is brought to you by "higher learning" institutions

19
@kenyongray2615 2024-10-14

It makes total sense that if you give employees a stake in the company they work for, their work is going to be exceptional. God bless Mike and Matt.

15
@ShonjiPowerOf2 2024-10-12

As an 'essential ' worker I love how he views work. I was pretty resentful of all the goods I was delivering to people being payed to stay home by the end of 2020. Even when I was leaving the Air Force the VA tells you to get up on schedule and get dressed and apply for jobs for a set amount of time. They seemed to think they had good data but my upbringing says this is common sense. Get up and go to work. My uncle says his business reported employees at home had a 30% drop in work and he wanted to offer them paychecks of 30% less 😂😂

15
@CarlGorn 2024-11-03

It needs to be said. Mike's barbershop quartet plea for subscriptions is the best hype for subs on YouTube.

14
@Amyjo_lovesmusic 2024-10-13

As an employee of a 100% owned company I agree! It is the future. Thank you Mike and Matt for this conversation! It is a perfect kick off to ESOP month!

12
@cameronboyd9952 2025-01-24

I love everything this guy stands for. However, I know plenty of people who don’t and never will have that $400 cushion because they don’t know how to budget their money. Give em $400 or $400,000 and they will literally piss away every dollar that’s available.

5
@markcole4621 2024-10-24

This is the oppositive of the "Jack Welch" model of ownership, where the company is run for and by the employees and not the shareholders. Thank you Matt and Mike.

3

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