Home Posts tagged Shavon Prophet
Class of 2024

Founder and Principal, BroadLeaf Advisors: Age 36

Shavon ProphetShavon Prophet is a big believer in employee ownership of businesses.

“It’s a way that we can ensure that legacy businesses can continue on into the future and create more wealth for more people,” she said. “In the studies of employee-owned businesses, they have performed better on every outcome — recruitment and retention, employee engagement, and the stark contrast when it comes to how much wealth people have been able to build when they have an ownership stake in where they work.”

Long story short, she has made employee ownership a big part of her life’s work, the latest manifestation of which was the founding of BroadLeaf Advisors to help more businesses become owned by their employees.

Prophet has taken an intriguing path to this place in her life and career.

“I’ve always been really motivated by social impact — doing good for the world — ever since I was a child,” she explained, adding that her undergraduate degree was in environmental studies, and she started her career at green building firms.

But she ultimately felt pigeonholed by such work and eventually earned a social impact MBA and learned about social enterprise and designing businesses that were not only successful for their owners, but lasting in the community. And she would eventually focus on “democratizing the workplace,” as she put it.

As an advocate and educator of employee ownership, Prophet — a proud Filipino-American, hence the flag in her photo — has presented at several national conferences and led educational sessions for business owners and economic-development professionals across the Northeast. She has helped hundreds of business owners explore succession planning and employee-led buyouts, with a special focus on worker cooperatives and democratic business models.

In 2023, she was appointed by Gov. Maura Healey to serve on the MassCEO advisory board for a four-year term following passage of the act that enabled the organization. That same year, she was appointed to the advisory board of the Center for Women & Enterprise for the Western Mass. region. A strong supporter of the region’s entrepreneurial ecosystem, Prophet has also mentored entrepreneurs through local business accelerators, such as EforAll Pioneer Valley and Valley Venture Mentors.

And as a social entrepreneur herself, she co-founded All Good Cooperative, a multi-stakeholder cooperative made up of farmers, healers, and artisans in Western Mass. that won first place last year at the EforAll Pioneer Valley pitch contest and sold produce and goods from nine small businesses at local farmers markets.

—George O’Brien