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Shared Equity Ownership Summit: Session 2 – Worker Ownership Roundtable

St. Paul City CouncilSunday, March 16, 2025
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Process of starting and converting worker cooperatives

Challenges of building a culture of shared ownership

Historical context and research in cooperative development

Impact of immigration on labor, workforce, and business models

Role of technical assistance and organizational support

Capital stacking and financial structures for co-op transitions

Government policy as a barrier or enabler for cooperative contracting

Full Document Analysis

Notable Quotes (3)

When our ancestors came to this country they were excluded from the economy and so what did they do they pushed push carts and sold things out of their push cart.

— Leah Goldstein Moses
Cooperative HistoryExplaining the entrepreneurial history within her family.

If you can't [take care of clients] it's going to be hard to have a successful business so that was just a thought which I why I think it takes so long.

— Marty Ruddy
Operational SustainabilityEmphasizing the need to maintain core operations during a transition.

It has been a very complex process difficult we have been doing a lot of research and work on what does that look like for folks who are undocumented.

— Daniel deloro
Equity and ImmigrationDiscussing the unique challenges of mixed-status worker cooperatives.

People (4)

Christina NicholsonCo-op Developer

Works with Nexus Community Partners; facilitates discussions on cooperative development.

Leah Goldstein MosesFounder

Former owner of the Improved Group, now a fully owned worker cooperative.

1 quote

“If you are really moving towards this employee ownership idea... you're going to need to stop being the one to come in and solve problems.”

Reflecting on shifting from a sole leader to a shared ownership model.

Marty RuddyFounder

Founder of Terra Forma, a construction company transitioned to a worker co-op in 2013.

1 quote

“We're figuring it out for sure... it's been a process.”

Describing the reality of managing a democratic workplace.

Daniel deloroFounder

Founder of a future Builders Cooperative; focused on addressing wage theft and labor issues.

1 quote

“In our culture... it's all about you being the worker... owning your own business was like what are you kidding me is that even possible?”

Discussing cultural barriers to cooperative ownership.

Places Mentioned

St. Paul, MinnesotaNortheast Minneapolis (Margaret Lond referenced)

Events & Meetings (2)

  • Morning panel discussion on cooperative development
  • October 31st: Terra Forma's co-op anniversary
Transcript