Evolving With Your Customers Across Multiple Generations with Adam Gordon

Manufacturing Mavericks

Player FM - Internet Radio Done Right

הוסף לפני two שנים

תוכן מסופק על ידי Greg McHale. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Greg McHale או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)

1
Dave Ramsey: 5 Stages to Build and Scale a Business That Lasts | Entrepreneurship | E344 1:03:38

לפני 17 ימים1:03:38

הפעל מאוחר יותר

רשימות

לייק

אהבתי

1:03:38

Too many entrepreneurs get stuck on the business treadmill, hustling nonstop, unable to scale, and unknowingly stalling their growth. That’s where Dave Ramsey began. After crashing into $3 million in debt, he rebuilt from scratch, turning a small radio program into a national show with millions of listeners. With over three decades of experience in entrepreneurship, business growth, and content creation, he knows what it takes to build a lasting business. In this episode, Dave reveals the six drivers of long-term success, the five key stages of startup growth, and how he balances life as an entrepreneur and a content creator. In this episode, Hala and Dave will discuss: (00:00) Introduction (00:23) The Core Principles of Financial Freedom (05:42) Adapting to Change as a Content Creator (09:22) Balancing Content Creation and Entrepreneurship (12:34) How to Create a Clear Path in Business (15:19) The Truth About Starting a Business Today (18:22) The Six Drivers of Business Success (26:20) Shifting From Tactical to Strategic Thinking (29:44) The Five Stages of Business Growth (41:10) Leading with Care, Clarity, and Accountability (47:10) Identifying the Right Leadership Skills (48:35) Starting a Media Business as an Entrepreneur Dave Ramsey is a personal finance expert, radio personality, bestselling author, and the founder and CEO of Ramsey Solutions. Over the past three decades, he has built a legacy of helping millions achieve financial freedom. As the host of The Ramsey Show , Dave reaches more than 18 million listeners each week. He is the author of eight national bestselling books. His latest, Build a Business You Love , helps entrepreneurs navigate growth and overcome challenges at every stage. Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify OpenPhone: Streamline and scale your customer communications with OpenPhone. Get 20% off your first 6 months at openphone.com/profiting Airbnb - Find yourself a co-host at airbnb.com/host Indeed - Get a $75 sponsored job credit at indeed.com/profiting RobinHood - Receive your 3% boost on annual IRA contributions, sign up at robinhood.com/gold Factor - Get 50% off your first box plus free shipping at factormeals.com/factorpodcast Rakuten - Save while shopping at rakuten.com Microsoft Teams - Stop paying for tools. Get everything you need, for free at aka.ms/profiting LinkedIn Marketing Solutions - Get a $100 credit on your next campaign at linkedin.com/profiting Resources Mentioned: Dave’s Book, Build a Business You Love: bit.ly/BuildaBusinessYouLove Dave’s Website: ramseysolutions.com Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap Youtube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Side Hustle, Passive Income, Online Business, Solopreneur, Networking.…

לפני שנה 32:07

MP3•בית הפרקים

As you listen, you’ll hear Adam’s passion for football, and it’s clear that his years of coaching do come into play when he seeks out new employees. He looks for winning qualities that can’t be taught, like the ability to show up on time, body language, and energy.

He also explains that the employees who suggest the most process improvements can climb the ladder quicker because seeing things differently helps advance the business. His strategy is working, as Tendon has doubled its employees in just a few years.

From squeezing in the odd job to the craziest parts they’ve ever made. Tendon has had quite the history.

SHOW NOTES:

The origins of Tendon Manufacturing in the Greater Cleveland area (2:00)
The switch from machining to fabrication (5:30)
how industry demand (and Covid) taught the team how to pivot (6:58)
What the team looks for in hiring new talent (10:06)
Getting employee buy-ins with “Fix it forms” (11:29)
Trying to automate to accommodate (13:49)
How Tendon barters welding services for Chick-fil-A sandwiches (15:57)
Your ERP doesn’t give you the full answer (18:09)
What is the next level of efficiency and visibility Adam thinks Tendon needs to stay competitive? (19:44)
The craziest parts they’ve ever made (23:11)
A unique visit from a special guest in 2017 (25:16)

18 פרקים

Evolving With Your Customers Across Multiple Generations with Adam Gordon

Manufacturing Mavericks

published לפני שנה

שתפו

MP3•בית הפרקים

From squeezing in the odd job to the craziest parts they’ve ever made. Tendon has had quite the history.

SHOW NOTES:

The origins of Tendon Manufacturing in the Greater Cleveland area (2:00)
The switch from machining to fabrication (5:30)
how industry demand (and Covid) taught the team how to pivot (6:58)
What the team looks for in hiring new talent (10:06)
Getting employee buy-ins with “Fix it forms” (11:29)
Trying to automate to accommodate (13:49)
How Tendon barters welding services for Chick-fil-A sandwiches (15:57)
Your ERP doesn’t give you the full answer (18:09)
What is the next level of efficiency and visibility Adam thinks Tendon needs to stay competitive? (19:44)
The craziest parts they’ve ever made (23:11)
A unique visit from a special guest in 2017 (25:16)

18 פרקים

כל הפרקים

1
From Homemade Furniture to Operational Excellence with Rebekah Collogan 35:05

לפני 22 ימים35:05

35:05

In this episode of Manufacturing Mavericks , we’re excited to welcome Rebekah Collogan , a seasoned operations leader with years of experience in optimizing production, scaling teams, and driving continuous improvement on the shop floor. Rebekah shares her journey into manufacturing, her challenges in streamlining operations, and her strategies for boosting efficiency and eliminating bottlenecks. She embodies the idea that manufacturing success isn’t just about working harder—it’s about working smarter. We are honored to have Rebekah as our first female guest on the podcast, and we hope she will be the first of many women in manufacturing to share their stories on the show. She offers a unique and invaluable perspective on leadership and problem-solving, and she is enthusiastic about the power of real-time data in making strategic decisions. She explores the significance of visibility on the shop floor, the role of automation in minimizing downtime, and how modern manufacturers can stay competitive without introducing unnecessary complexity. This episode is filled with actionable insights on scaling your shop, enhancing productivity, and embracing the future of manufacturing. SHOW NOTES (1:19) Rebekah's background in manufacturing and journey into leadership. (3:54) Early Challenges & Lessons in Scaling Manufacturing (10:30) Providing Solutions and Making Customer’s Lives Easier (15:45) Identifying & Eliminating Bottlenecks (22:00) Leading Change & Building a Culture of Continuous Improvement (26:19) Operational Excellence & The Need For Accurate Data (35:00) Advice to a Young Rebekah…

1
Showing Up & Second Chances with Kody Guidry 24:42

לפני 7 weeks24:42

24:42

From a part-time job in college to becoming an equity partner in a thriving machine shop, Kody Guidry 's journey is anything but conventional. In this episode, we explore how Coastal Machine is scaling operations into defense, aerospace, oil & gas, why Kody supports hiring and training inexperienced talent instead of pursuing seasoned machinists, and how developing a strong employee pipeline is just as crucial as a sales pipeline. Plus, we discuss diversifying the business, investing in tech, and building a family-oriented culture. SHOW NOTES (1:36) Kody Guidry's journey from machinist to equity partner at Coastal Machine (9:53) A family-oriented culture is a core value (12:47) The shop’s investment in technology, marketing, and workforce development (13:35) Coastal’s growth strategy includes technology and diversifying the business (17:39) Why Coastal is focusing on hiring and training green talent (18:44) The importance of having an employee pipeline—just like a sales pipeline (21:52) Kody’s advice to his younger self and what it takes to succeed in manufacturing…

1
Are You Up for the Fight? with Bob McGregor 42:55

לפני 11 weeks42:55

42:55

In this episode of Manufacturing Mavericks, Bob McGregor , President of Neo Industries , shares his journey of turning around a micro-machining company in Colleyville, TX. When Bob purchased the struggling business, he had to navigate financial setbacks and make strategic decisions, including firing unprofitable customers and even sending apology fruit baskets—ultimately leading to success in contract manufacturing. Bob's persistence and optimism shine as he discusses learning new skills, overhauling operations, and rebuilding customer trust. The conversation offers insights into the challenges and rewards of revitalizing a manufacturing company. SHOW NOTES 01:22 How the fight began (The Origins of Neo Industries). 06:00 Leaning on fFamily for support. 09:38 What comes after the fight? 10:45 Rebuilding begins with finding low-hanging fruit. 13:26 Navigating COVID and defense contracts. 15:48 Rebuilding trust and firing bad customers. 17:35 Overcoming cultural shifts and starting over. 24:32 What it means to be a Manufacturing Maverick. 26:32 The zero principal & putting your customers first. 28:38 When you’re ready to win, stop doing the things that cause you to lose. 30:38 Making the change to contract manufacturing. 40:32 What Bob would tell his younger self.…

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Best of 2024 with Greg McHale 25:39

לפני 15 weeks25:39

25:39

In this special year-end episode of Manufacturing Mavericks , we reflect on the fantastic guests we’ve had on the show in 2024 and recap some of their best moments. This episode recaps insightful discussions with shop leaders and industry pioneers who have shared their experiences, challenges, and wisdom with Greg McHale. Join Greg as he revisits conversations featuring some of the most influential and inspiring voices in precision manufacturing. They discuss navigating manufacturing automation and technology , building a thriving workplace culture , and becoming CMMC 2.0 compliant . And don’t forget to check out the full episodes at www.mfgmavericks.com to learn valuable lessons from those shaping the future of manufacturing! SHOW NOTES (1:38) Rob Caron, Founder of Caron Engineering (5:05) Kylan Hastreiter, Vice President of Hastreiter Industries (7:00) Mike Payne, Owner, Hill Manufacturing (9:04) Paul Van Metre, Co-Founder, Proshop ERP (11:05) Eric Van Orden, Paramount Machine Swiss Leads (14:56) Gustavo Gutierrez, Owner of GC Machining Solutions (18:29) Tony Gunn, America’s Manufacturing MC (20:14) Adam Gordon. Vice President of Operations, Tendon Manufacturing (22:43) Randal Leach, Operations Manager at Ricaurte Precision FULL EPISODES: It Always Starts with a Broom and a Bridgeport with Randal Leach Evolving With Your Customers Across Multiple Generations with Adam Gordon Twisted Roads Make Better Stories with Tony Gunn What It Takes to Build a Business with Your Name on the Door with Rob Caron Humility, Curiosity, and Impatience - The Key Ingredients of Entrepreneurship with Gus Guttierez Making Things Happen with Eric Van Orden If It Wasn’t For A Car Magazine…with Paul Van Metre Don’t Tell Me No - Tell Me How with Mike Payne From Hog Shed to Top Shop—The Evolution of a Family Business with Kylan Hastreiter…

1
It Always Starts with a Broom and a Bridgeport with Randal Leach 34:35

לפני 20 weeks34:35

34:35

In this episode of Manufacturing Mavericks , Greg welcomes Randal Leach , Operations Manager at Ricaurte Precision , to discuss his journey into manufacturing, which didn’t start with love, but his frustrations turned into opportunity when he realized how much better manufacturing processes and work experiences could be with the right culture and technology! Randal and Greg discuss CMMC 2.0 compliance and what it means for companies like Ricaurte. Plus, you’ll learn why embracing modern systems can redefine what it’s like to run a "precision machining facility." SHOW NOTES Randall's Journey into Manufacturing (01:14) The Evolution of Manufacturing Technology (02:38) The Importance of Accountability and Data (06:23) Meeting Hernan and Joining Ricarte Precision (07:19) Embracing Digital Transformation to Keep Up (11:23) Preparing for CMMC 2.0 Compliance (12:44) Future Investments and Automation Using the Visibility from Machine Monitoring (21:08) Welcome Technology Onto Your Shop Floor to Improve Productivity and Make More (27:35) Randal’s Final Thoughts and Advice for Future Generations (31:46)…

1
Evolving With Your Customers Across Multiple Generations with Adam Gordon 32:07

לפני 24 weeks32:07

32:07

Adam Gordon is a second-generation leader at Tendon Manufacturing . The sheet metal and fabrication shop, Based in the Cleveland suburb of Warrensville Heights, was co-founded in 1988 by Michael Gordon Sr. and Greg Tench. Both are still very much involved; today, it’s a family affair. Greg’s son heads up programming/engineering, and Adam heads up Operations, working alongside his brother and brother-in-law. As you listen, you’ll hear Adam’s passion for football, and it’s clear that his years of coaching do come into play when he seeks out new employees. He looks for winning qualities that can’t be taught, like the ability to show up on time, body language, and energy. He also explains that the employees who suggest the most process improvements can climb the ladder quicker because seeing things differently helps advance the business. His strategy is working, as Tendon has doubled its employees in just a few years. From squeezing in the odd job to the craziest parts they’ve ever made. Tendon has had quite the history. SHOW NOTES: The origins of Tendon Manufacturing in the Greater Cleveland area (2:00) The switch from machining to fabrication (5:30) how industry demand (and Covid) taught the team how to pivot (6:58) What the team looks for in hiring new talent (10:06) Getting employee buy-ins with “Fix it forms” (11:29) Trying to automate to accommodate (13:49) How Tendon barters welding services for Chick-fil-A sandwiches (15:57) Your ERP doesn’t give you the full answer (18:09) What is the next level of efficiency and visibility Adam thinks Tendon needs to stay competitive? (19:44) The craziest parts they’ve ever made (23:11) A unique visit from a special guest in 2017 (25:16)…

1
Twisted Roads Make Better Stories with Tony Gunn 47:58

לפני 29 weeks47:58

47:58

We’ve all heard of him, and you’ve seen him everywhere with his red microphone as he visits manufacturers and suppliers worldwide, but now you’ll get to REALLY know him on this podcast episode! America’s Manufacturing MC, Tony Gunn , shares how his internal optimism comes from many failures in life. Tony started from very humble beginnings and almost became a professional athlete, but his trajectory changed to machinist out of necessity from an early surprise in life. His passion for manufacturing and entertainment keeps Tony returning to the shop floor to capture the stories of manufacturers as Director of Global Operations for MTDCNC and the host of The Gunn Show Podcast . SHOW NOTES: Manufacturing was an accident (6:42) Money moves inspire personal growth but also a lot of stress (9:32) Tony asks himself what he really wants out of life (11:29) Coding with the best of them (12:33) Karma is a you-know-what (17:18) Pursuing happiness over financial freedom (18.33) Tony has explored the world of manufacturing in its full entity for ten years (26:00) “Media” was also an accident, and it didn’t happen overnight (31:00) Helping to expand the MTDCNC into a global brand and building his team of North American presenters (34:00)…

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What It Takes to Build a Business with Your Name on the Door with Rob Caron 39:19

לפני 37 weeks39:19

39:19

On this episode of Manufacturing Mavericks, Greg McHale interviews Rob Caron of Caron Engineering , a true pioneer and the recipient of the 2024 M. Eugene Merchant Manufacturing Medal from ASME/SME. Rob shares his journey from unexpectedly finding himself jobless to building a company known for its groundbreaking innovations in advanced sensor and monitoring technology. Hear about how his early fascination with CNC controls and a deep desire to do things better led to the creation of Autocomp, TMAC, and even the tool ID systems that have made Caron Engineering a leader in the machine tool industry for over 35 years. Rob also shares his thoughts on building a strong company culture, meeting customer expectations no matter what, and the transition to an ESOP or employee stock-owned company. Tune in for a wealth of insights from a leader who has been on the cutting edge of manufacturing technology for over four decades. This episode is packed with inspiration and practical tips. Rob’s advice for shops looking to get into automation is priceless. SHOW NOTES: Rob talks about his early fascination with how CNC controls communicated with the metal parts of the machine to make a part and how it could be done better. (3:00) How chains on the door of his employer drove Rob to start his own company (6:37) The genesis of the cutting-edge Caron Engineering tools of today (AutoComp & TMAC) back in the mid-1980s (9:23) His #1 message to employees: we're going to get this job done for the customer the way we promised it. (13:38) How losing money on some jobs helped Caron make more money down the road (15:54) Leveraging great relationships with customers to get feedback on employee performance. (17:31) The pros and cons of transitioning to an ESOP company (18:54) Rob’s insights into how shops can start incorporating automation into their business in a way that makes sense (24:15) The payoff of hiring engineers to work on in-house automation projects (32:35) The advice Rob would give to the young Rob Caron three weeks before he walked up to the door with chains on it. (34:37)…

1
Humility, Curiosity, and Impatience - The Key Ingredients of Entrepreneurship with Gus Guttierez 49:32

לפני 41 weeks49:32

49:32

In this episode, Gustavo (Gus) Gutierrez, owner of GC Machining Solutions, takes us through his incredible journey from a 15-year-old who traded coffee for training at his first manufacturing job, to buying his own shop. Gus doesn't shy away from doing the "hard stuff", including moving a shop, implementing an ERP, and is currently managing a shift from 10% medical and dental device manufacturing to 80%. Wow. Gus talks to Greg McHale about investing in education, making time for family, and the advice he gives his kids. He also shares his experiences across various roles in manufacturing, picking the right team members, building a strong company culture, and why technology is crucial to staying competitive. Gus's insights are a valuable resource for anyone in the industry. SHOW NOTES: Got bit by the manufacturing bug at 15 when he would buy coffee for people and clean their machines if they would share some knowledge (5:53) A desire to learn something new every day led him to a lot of oddball jobs, but manufacturing just kept calling his name. (11:16) Working third shift and being a full-time electrical engineering student was a challenge, How Gus got it done with the help of a tape recorder! (13:29) Taking his daughter to IMTS starting when she was 9 really paid off in the long run (20:08) Taking a job he didn’t really want to Project Manage: moving 30 CNCs and 15 pieces of equipment. (23:39) Gus was at the top of his game as a plant manager with 325 people under him, but he wasn’t happy. So he followed a little whisper (27:55) The difference between a good employee and an engaged employee (29:28) Letting the team pick the new team members helps build a strong culture (33:20) Technology: It’s important to give people the right equipment and the right tools for success. (37:21) In medical devices, everything is critical, especially keeping the end-user top of mind (41:30) Advice to his impatient younger self: Change the glasses you use to view life, and you’ll get to this success. (45:07)…

1
Making Things Happen with Eric Van Orden 54:57

לפני 51 weeks54:57

54:57

In this episode, Gustavo (Gus) Gutierrez, owner of GC Machining Solutions, takes us through his incredible journey from a 15-year-old who traded coffee for training at his first manufacturing job, to buying his own shop. Gus doesn't shy away from doing the "hard stuff", including moving a shop, implementing an ERP, and is currently managing a shift from 10% medical and dental device manufacturing to 80%. Wow. Gus talks to Greg McHale about investing in education, making time for family, and the advice he gives his kids. He also shares his experiences across various roles in manufacturing, picking the right team members, building a strong company culture, and why technology is crucial to staying competitive. Gus's insights are a valuable resource for anyone in the industry. SHOW NOTES: Got bit by the manufacturing bug at 15 when he would buy coffee for people and clean their machines if they would share some knowledge (5:53) A desire to learn something new everyday led him to a lot of oddball jobs, but manufacturing just kept calling his name. (11:16) Working third shift and being a full-time electrical engineering student was a challenge, How Gus got it done with the help of a tape recorder! (13:29) Taking his daughter to IMTS starting when she was 9 really paid off in the long run (20:08) Taking a job he didn’t really want to be able to Project Manage moving 30 CNCs and 15 pcs of equipment. (23:39) Gus was at the top of his game as a plant manager with 325 people under him, but he wasn’t happy. So he followed a little whisper (27:55) The difference between a good employee and an engaged employee (29:28) Letting the team pick the new team members helps build a strong culture (33:20) Technology: It’s important to give people the right equipment, the right tools for success. (37:21) In medical devices, everything is critical, especially keeping the end-user top of mind (41:30) Advice to his impatient younger self: Change the glasses you use to view life, and you’ll get to this success. (45:07)…

1
If It Wasn’t For A Car Magazine…with Paul Van Metre 52:42

לפני 1 year52:42

52:42

Paul Van Metre is the co-founder of ProShop ERP and a true Manufacturing Maverick . Listen in as he talks with Greg McHale about some of the serendipitous moments that completely changed the course of his life and fueled his passion for manufacturing. Some examples include how his Mom saving a car magazine got him into machining, how a random lab partner assignment on his first day of school turned into a 30+ year collaboration, and why a customer’s dream of building a basketball court for his kids helped launched ProShop ERP. Paul’s love of manufacturing and the people who work in it drives him to help make “the hardest business in the world” a little easier. It shows in the hashtag he started #ThankaMachinist Show Highlights / Skip To: Reading an article in a car magazine sparked Paul’s love for manufacturing and a move across the country (3:39) Trying to start a car company right out of college that turned into a machine shop (10:03) Advice for finding customers. Hint, it starts with a nice shirt (15:14) Diversification helped Paul’s machine shop thrive for 17 years (17:37) 9/11 and finding a path from being days away from bankruptcy back to triple-digit growth (19:52) Trying to go paperless on the shop floor when monitors weighed 50 pounds (22:03) A customer’s desire to build a basketball court in his backyard plays a pivotal role in the creation of ProShop ERP (30:59) The first software customer in 2009 was able to transform their late order list from 10 pages to less than one and turn off the old ERP after 3 weeks. (33:26) The book Paul recommends to everyone who is good at something and wants to start their own business (38:49) Why he started #ThankaMachinist (46:33) The advice he gives his younger self (49:45) Links Referenced: Datanomix: https://datanomix.io/ ProShop ERP: https://proshoperp.com/ Connect with Paul on LinkedIn: https://www.linkedin.com/in/paulvanmetre/ mfgmavericks.com: https://mfgmavericks.com…

1
Don’t Tell Me No - Tell Me How with Mike Payne 58:14

לפני 1 year58:14

58:14

Greg McHale sits down to talk with Mike Payne , Owner of Hill Manufacturing about his unconventional path to becoming a shop owner. Mike was actually helping the previous owner look for a buyer when he decided to make an offer himself. After 25 years in software and private equity, Mike realized that he really liked the can-do attitude and willingness to help each other that manufacturers share. This episode explores how Mike leveraged his background in private equity and data analysis to double his shop’s size in 5 years - every five years. Bloodstains, sweat and tears (1:40) Taking the plunge and buying a shop (11:19) Why there’s a big red barn on the shop floor - and we’re talking BIG (19:29) Yay, it’s Monday. Building a great culture where people want to come to work (21:55) Setting the standards everyone can operate within (26:04) The technology & tools to grow the business (35:30) Don't want to be the cheapest option (41:40) Doubling the business in 5 years - every 5 years (46:22) This podcast pissed me off (48:59) Being there for each other (54:12) Links Referenced: Datanomix: https://datanomix.io/ Hill Manufacturing: http://www.hill-manufacturing.com/ LinkedIn: https://www.linkedin.com/company/hillmfg/ mfgmavericks.com: https://mfgmavericks.com…

1
From Hog Shed to Top Shop—The Evolution of a Family Business with Kylan Hastreiter 41:23

לפני 1 year41:23

41:23

Greg McHale interviews Kylan Hastreiter, Vice President of Hastreiter Industries, located in Marshfield, WI. Kylan’s parents started the shop in the late 1980s in a hog shed with one Makino LeBlond lathe. Today, they specialize in complex parts for the aerospace industry and are a driving force in introducing young people in Wisconsin to manufacturing—even creating a makerspace for students at their facility. Every kid has a machine shop in their basement, right? ( 5:11) Turning over the reins to the next generation & rebranding the business (8:13) Introducing kids to STEM as part of the long game to build up a local workforce and a thriving manufacturing industry (12:48) It’s fun to have the latest & greatest technology! (21:47) Building a culture that embraces change (24:55) Investments that had the biggest impact (27:08) Getting two machines for free (29:22) How Hastreiter Industries impacts Wisconsin’s cheese industry (31:46) Predictions for the next 7 years (33:58) Kylan answers the classic “What do you know now, that you wish you knew then” question. (37:14) Links Referenced: Datanomix: https://datanomix.io/ Hastreiter Industries: https://hastreiter.industries/ Shiloh Bound: https://www.shilohbound.org/ C2 Makerspace: https://www.c2makerspace.com/ Facebook: https://www.facebook.com/profile.php?id=100084244807677 LinkedIn: https://www.linkedin.com/company/c2-makerspace/ Instagram: https://www.instagram.com/c2makerspace_marshfield/ mfgmavericks.com: https://mfgmavericks.com…

1
The Best Advice to Grow Your Business 22:03

לפני 1 year22:03

22:03

We launched Manufacturing Mavericks in Late 2023 to tell the stories of people who aren’t afraid to shake things up and stand out from the crowd. We’ve had three fabulous guests so far with many more in the pipeline for 2024: Hernan Ricaurte, President of Ricaurte Precision Inc. Jack Russel, President of ROLAR Products Dave Capkovitz, Principal / Owner of EBITDA Growth Systems To close the year, here is a highlight reel of their best insights and advice for growing a business. Enjoy! Highlights: Just pick up the phone and make friends with your competitors because there’s so much work to go around. (01:03) You have to be willing to get rid of some customers. (03:19) Without your employees, you can’t make money. (04:16) The value is in shortening the cycle or reducing the wasted motion. (04:59) Put the deal right on the shop floor. (05:18) Invest in technologies that will make an impact. (07:47) Technology that talks to each other is incredibly helpful. (11:14) Invest in digital technologies early on. (12:18) You can’t scale on tribal knowledge. (13:31) Understand your ROI. (14:53) Identify your costs and rightsize your pricing. (17:34) The supervisor is NOT free. (20:17) What you need to do to meet your profit margin. (20:44) Links Referenced: mfgmavericks.com: https://mfgmavericks.com Ricaurte Precision Inc.: https://www.ricaurteprecision.com/ ROLAR Products: http://www.rolarproducts.com/ EBITDA Growth Systems: https://ebitdagrowthsystems.com/…

1
Is Your Shop in No Man’s Land? with Dave Capkovitz 53:14

לפני 1 year53:14

53:14

Serial entrepreneur Dave Capkovitz , of EBITDA Growth Systems , shares how his experiences have shaped how his company helps out manufacturers who fall into the “no man’s land” ($1-$30 million in revenue). He outlines the process his company has developed that guarantees they will double a shop’s valuation in three years. Dave attributes their tremendous success rate to getting clients the data they need to understand their revenue and costs better. Dave also provides a sneak peek into an exciting project aimed at rescuing struggling shops, and it sounds like a Netflix series in the making! Listen in and get some tips on how to improve your shop’s profitability. Highlights: Dave describes why he likes to focus on helping shops in “No Man’s Land”. (4:08) Why EBITA Growth Systems’ process for working with new clients starts with chemistry. (5:38) Being a matchmaker for machine shop owners who want to sell. (9:25) Why it’s lonely at the top—especially without this (10:23) How working in his dad’s machine shop morphed into owning landscaping, trucking & welding businesses (12:18) Life isn’t meant to be something we do alone. It’s something we should do together. (17:36) It’s all about data and understanding your costs. (19:29) “Automagically,” getting data is priceless for a production manager looking at 15 things happening simultaneously. (30:21) Calculating the ROI of investments—a lot of people get it wrong. (31:06) Why paying taxes is a good thing. (34:17) Money-back guarantee to double the valuation of your shop in three years. (37:14) Preview of Shop Rescue—Trying to turn a shop around in 6 months. (39:36) Links Referenced: EBITDA Growth Systems: https://ebitdagrowthsystems.com/…

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