What are the responsibilities and job description for the Network Company President - Rochester, MN position at Teamshares?
What is Teamshares?
Teamshares is one of America’s largest buyers of small businesses from retiring owners and is on a mission to make employee ownership the future of small business. We buy promising companies from retiring owners, gifting employees an immediate 10% ownership stake in the business, and supporting their ongoing growth through proprietary software, education, financial products and best-in-class leadership support.
We're building a network of 10,000 employee-owned small businesses, creating $10 billion of stock wealth for wage workers and supporting generations of business owners into confident retirement. Together, we will reduce global wealth inequality while ensuring vital small businesses—and the communities they serve—continue to flourish.
We are looking for an entrepreneurial business leader who wants to serve as the Small Business President/CEO of Ye Olde Butcher Shop, one of the small businesses in our network in Rochester, MN.
As a Teamshares network company president, you’ll be responsible for increasing profitability and successfully transitioning the business to employee ownership. You’ll run and work IN the business, including owning full P&L responsibility, business strategy, and operations. Additional information (https://www.teamshares.com).
What you will do:
- Serve as president of a small business in the butcher shop/food & beverage industry
- Determine/be responsible for all business strategy, operations, and P&L management
- Lead an experienced team of existing employee owners
This includes:
- Driving Business Growth: Lead efforts to grow each business through marketing, community outreach, expansion of product offerings, and new customer acquisition.
- Leading Growth Initiatives: Serve as a growth leader, helping teams improve operations, boost profitability, and pursue long-term sustainability.
- Collaborating on Financial Decisions: Work closely with the internal bookkeeper and shop leads to make informed decisions about ongoing expenses and capital investments, optimize efficiencies, and develop business metrics.
- Managing HR and Personnel Matters: Oversee key HR responsibilities such as team development, employee performance, job reviews, raises, bonuses, and fostering a high-trust culture.
- Analyzing Business Practices: Evaluate current operations to identify opportunities for systemization, team development, and long-term scalability.
- Relationship Management: Invest in local communities and build strong relationships with customers, vendors, and partners across all three businesses.
- Transitioning to Employee Ownership: Partner with Teamshares and employee-owners during the transition to employee ownership, instilling an owner’s mindset and coaching for shared success.
What you will bring:
- A strong background in restaurant/food & beverage industry operations, with a demonstrated ability to manage a high-volume location, ensuring operational excellence, staff coordination, and seamless service delivery across all units.
- Proven capability to prioritize and delegate tasks based on urgency and impact, ensuring critical issues are addressed efficiently while maintaining a focus on long-term operational goals.
- Driving Business Growth: Lead efforts to grow the business & wholesale lines through marketing, outreach, networking and relationship building.
- Clear Communication and Collaboration: Ability to communicate effectively, solve problems, and foster constructive collaboration with all employees.
- Demonstrated Leadership Skills: Proven people leadership abilities through previous work experiences, with strong interpersonal and communication skills and a low-ego approach.
- Entrepreneurial Mindset: Possess an entrepreneurial spirit with a desire to build and innovate.
- Project Management and Problem-Solving: Proven project management and problem-solving skills, coupled with a humble, hands-on, get-it-done attitude.
- Business Acumen: Strong business acumen and analytical skills to oversee company financials and develop effective business strategies.
- Growth Mindset: Embrace a growth mindset, with a willingness to explore new ideas, learn from mistakes, and innovate.
- Agility and Flexibility: Demonstrate an open, agile mind, equally adept at thinking creatively and critically, with a flexible and generous spirit and a natural bias toward action.
- Strategic Partnership: Ability to partner with stakeholders to establish a clear vision, define measurable KPIs, and develop strategies to achieve financial goals.
As a President of a Teamshares Network Company:
- Equity stake both in the network company and in Teamshares
- Competitive salary and benefits
- Ongoing business and leadership development training throughout your tenure
- Access to exceptional medical/dental/vision benefit plans
- Paid parental leave
We know the confidence gap and imposter syndrome can get in the way of meeting spectacular
candidates. As a Teamshares president, you’re not alone; you'll be part of a dynamic community of fellow small business leaders, with ongoing support from Teamshares Inc. — beginning with our Leadership Accelerator program. Please don’t hesitate to apply.
Teamshares is passionate about creating an inclusive workplace that celebrates differences and promotes inclusion. We actively seek to build a workforce representative of various cultures, perspectives, and areas of expertise. Our employee-driven Core Values serve as the foundation for an inclusive workplace environment where we empower everyone to bring their full, authentic selves to work.
We encourage all qualified applicants from any race, color, religion, sex, gender identity, sexual
orientation, national origin, disability status, protected veteran status, or other characteristics to apply.
Check out more information here (https://www.teamshares.com).
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.