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Network Company President - Schenectady, NY

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 one of our network companies in Schenectady, NY in the e-commerce and retail industry.


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 e-commerce and retail industry
  • Determine/be responsible for all business strategy, operations, and P&L management
  • Lead an experienced team of existing employee owners


This includes:
  • Collaborating on Financial Decisions: Work closely with the bookkeeper to make informed decisions about ongoing expenses and capital purchases, optimize efficiencies, and develop business metrics.
  • Driving Business Growth: Lead efforts to grow the business through marketing, outreach, and the development of new product lines and accounts.
  • Managing HR and Personnel Matters: Handle HR responsibilities, including staff disputes, employee performance evaluations, job reviews, raises, and bonuses.
  • Analyzing Business Practices: Analyze current business methods and practices, and promote opportunities for team development and growth.
  • Relationship management: invest in your local community, and build strong relationships with customers, vendors, and partners.
  • Transitioning to Employee Ownership: Collaborate with Teamshares and fellow shareholders during the transition to employee ownership, coaching and partnering to instill an owner’s mindset that drives better business outcomes and fosters a positive company culture.
  • Leading Growth Initiatives: Act as a growth leader, working with employee-owners to improve company operations and expand revenue opportunities.


What You Have:
  • The ideal candidate will have demonstrated expertise in managing operations and logistics, coupled with a strong track record of driving business development and marketing initiatives to achieve growth and efficiency.
  • 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.
  • 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 President of a Teamshares network company, you will receive:
  • 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 quality 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).

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Average salary estimate

$100000 / YEARLY (est.)
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$80000K
$120000K

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What You Should Know About Network Company President - Schenectady, NY, Teamshares

Are you ready to lead and make a difference in Schenectady, NY? At Teamshares, we’re on a mission to transform the way small businesses operate through employee ownership, and we need an energetic Network Company President to join us in this exciting journey! As the President of one of our e-commerce and retail network companies, you will not only oversee daily operations but also play a pivotal role in transitioning the business to employee ownership. This means diving into the P&L management, shaping business strategy, and collaborating with a talented team of existing employee owners who are eager to drive the company forward. Your responsibilities will span from analyzing current business practices to implementing new growth initiatives and strengthening community ties. You’ll work closely with your team to foster a positive company culture that supports innovation and leadership. We believe in creating a supportive environment where you can thrive, backed by equity shares in both the network company and Teamshares, alongside competitive benefits and ongoing leadership training. Join us as we create $10 billion in stock wealth for wage workers and champion small businesses in our communities. If you possess an entrepreneurial mindset, clear communication skills, and a genuine desire to empower others, you might just be the perfect fit for this impactful role!

Frequently Asked Questions (FAQs) for Network Company President - Schenectady, NY Role at Teamshares
What are the responsibilities of the Network Company President at Teamshares in Schenectady, NY?

As the Network Company President at Teamshares in Schenectady, NY, your main responsibilities will include overseeing the company’s daily operations, managing all aspects of the business strategy, and ensuring effective P&L management. You’ll lead a team of employee owners, drive business growth, analyze practices to promote development, foster community relationships, and collaborate closely with Teamshares during the transition to employee ownership. This multifaceted role allows you to immerse yourself in every aspect of the business while empowering others to take ownership.

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What qualifications do I need to apply for the Network Company President position at Teamshares?

To be considered for the Network Company President role at Teamshares, you should have proven expertise in managing operations and a strong track record in business development and marketing. Experience in strategic planning, clear communication skills, demonstrated leadership, and an entrepreneurial mindset are vital. Successful candidates will also exhibit excellent project management abilities, a strong financial acumen, and an open, flexible approach to problem-solving.

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How does Teamshares support the transition to employee ownership?

Teamshares provides comprehensive support during the transition to employee ownership by collaborating closely with the new President and the existing team. You will receive ongoing training and resources to promote an ownership mindset among employees. This includes training on effective business practices and leadership skills designed to foster a positive culture and drive business improvements. Teamshares aims to ensure a smooth transition while empowering every employee throughout the process.

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What benefits can I expect as a Network Company President at Teamshares?

As a Network Company President at Teamshares, you can expect to receive a competitive salary along with equity stakes in both the team company and Teamshares. Additional benefits include quality medical, dental, and vision plans, paid parental leave, and continuous business and leadership development training. You’ll also gain access to a community of fellow small business leaders who offer ongoing support throughout your career.

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What type of company culture does Teamshares promote for the Network Company President?

Teamshares cultivates an inclusive and empowering company culture that celebrates diversity and encourages growth and innovation. As a Network Company President, you will be part of a supportive environment that emphasizes collaboration, ongoing personal development, and an authentic work experience. The company values the varied perspectives and backgrounds of its workforce and underscores the significance of bringing your whole self to work.

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Common Interview Questions for Network Company President - Schenectady, NY
Can you describe your experience with P&L management in your previous roles?

To answer this question effectively, share specific examples of how you've managed budgets, tracked revenues and expenses, and made strategic decisions that positively impacted profitability. Highlight your analytical skills and ability to forecast financial outcomes based on current business trends. This demonstrates your capability to handle similar responsibilities as the Network Company President at Teamshares.

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How would you drive business growth in an e-commerce and retail environment?

When addressing this question, focus on your strategies for marketing, outreach, and product development. Mention how you've previously increased sales or market share by identifying new opportunities and collaborating with your team to implement innovative ideas. This showcases your proactiveness and aligns with the growth initiatives expected in the President role.

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What steps would you take to transition a company to employee ownership?

Discuss your approach to this transition by explaining how you would educate employees about ownership benefits, foster a culture of accountability, and involve them in the decision-making process. Mention your collaborative leadership style and previous experiences where you’ve successfully navigated similar transitions, which will assure the interviewers of your proactive mindset at Teamshares.

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How do you approach conflict resolution within a team?

For this question, provide insight into your conflict resolution strategies by explaining how you maintain an open communication line within the team. Share specific examples of how you have addressed disputes or performance issues by fostering dialogue, understanding each person's viewpoint, and working collectively towards an agreed-upon solution. This shows your strong interpersonal skills as a prospective Teamshares President.

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Describe a successful marketing initiative you’ve led and its impact.

When responding, choose a marketing initiative that demonstrates your analytical and strategic thinking skills. Detail the steps you took to develop and execute the campaign, metrics used to measure success, and the overall results achieved. Your story should reflect creativity as well as your ability to pivot strategy if necessary, showcasing your suitability for the Network Company President role.

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What leadership style do you exemplify, and how does it align with Teamshares' values?

Consider articulating your leadership style by referencing aspects like collaboration, empowerment, and inclusiveness. Discuss how your approach aligns with Teamshares' commitment to fostering a positive and supportive workplace culture, where every employee feels valued and encouraged to contribute to the company’s success.

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How do you prioritize tasks when managing multiple responsibilities?

Give an overview of your task prioritization methods, elaborating on tools or techniques you employ, such as Eisenhower Matrix or digital project management tools. Explain how these methods have helped you effectively oversee responsibilities and ensure that essential tasks align with strategic business goals, showcasing your organizational skills applicable to the President role.

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How would you handle underperformance in your team?

Emphasize your strategy for addressing underperformance, detailing steps you would take to identify the root cause and your plan to support the employee in improving their performance. It’s essential to illustrate your commitment to staff development and retention, showcasing your experience in effective HR management.

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What financial metrics do you consider most critical in driving business success?

Enumerating key financial metrics such as profitability margins, cash flow, EBITDA, or customer acquisition costs can provide a rich answer. State how these metrics inform your decision-making process and help shape the overall business strategy, which is crucial for the role of Network Company President.

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Why do you want to work for Teamshares as a Network Company President?

Express your passion for employee ownership and how you resonate with Teamshares' mission of reducing wealth inequality and supporting small businesses. Share your enthusiasm for building a community-oriented culture and how your values align with those of the organization, which will show your genuine interest and commitment to the role.

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To create $10 billion of new wealth for lower income and working class Americans through employee ownership. Our mission is to make employee ownership the future of small business.

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Full-time, on-site
DATE POSTED
December 21, 2024

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