In this episode, we sit down with Jamie Goettler, Chief Revenue Officer of BTX Precision, a leading family of precision manufacturing organizations. Jamie's journey to BTX marks a significant shift from his 23-year tenure at MSC Industrial, where he gained extensive experience on the supply side of the manufacturing industry.
In this episode, we explore the remarkable journey of American Flexible Products with their dynamic CEO, Carla Mathiason. Discover the pivotal moment in 2008 when the company embraced full employee ownership through an ESOP, unraveling the inner workings of share allocation and valuation.
In this episode, we introduce a mysterious guest who is currently navigating the complex process of acquiring a job shop. To protect their identity due to ongoing employment, our guest remains anonymous, but their experiences and wisdom are anything but hidden. Our guest initially set out to find a small shop, but soon expanded their search to larger ventures.
Len Morrissey is back again to discuss current trends in the banking world. Len spent many years as a loan officer at several Boston-area banks, before joining Jay at RAPID Manufacturing as the CFO. Most recently, Len co-founded and now runs a business loan underwriting practice: Morrissey Metcalfe and Associates.
Mark Barglof is the President and owner of Kinetic Technologies, LLC: a design and fabrication shop just north of Algona, IA. After serving in the military and earning the U.S. Army Ranger Tab, Mark shifted career paths and dove into the world of manufacturing (he grew up the son of a job shop owner, so it wasn't his first rodeo).
Today's guest is Zack Fennell of Ameritex Fabrication & Machining outside of Houston, Texas. Ameritex is an industry leader in advanced metal fabrication. We get into detail about how Ameritex made the strategic decision to change equipment suppliers and how they approached doing so from both an organizational and financial angle. We also touch on other areas of technology that have made a positive impact on their business.
We're speaking with Hernan Ricaurte, President and Co-Owner of Ricaurte Precision, a precision manufacturer in Southern California which he and his sister bought from their parents in 2016. We dig deep into the financial attributes of a shop, then discuss amongst other things the GAP concept of accounting, how the shop has transformed over the last five years and how living and working in Japan for almost 20 years has shaped how Hernan looks at running a company.
Imagine being able to earn passive income and build long term wealth while gaining total freedom from you business or job! Spend less time working and more time with your spouse, family and friends. That is what Lifestyle investing is all about. On this episode, friend, mentor, and wildly successful investor and family man, Justin Donald, the creator of the "The Lifestyle Investor" explains how cash flow investing creates passive income. This isn't theory - Justin used these tools to achieve eight figure wealth by the age of 40. We hope after listening, you have a new path to explore yourself which can help you achieve your own financial freedom!
Jonathon Friedl and his brother Isaac Houchens are the owners of Black Mountain Manufacturing just outside Denver. As a young shop owner, Jonathon shares his non-traditional background, his struggles of being a shop owner in the early days. How he built up his company quickly just to have it crash and how he's successfully rebounded. This episode is full of personal experience and inspiration.
Juan March owns Jacksonville Precision Manufacturing, specializing in quick-turn prototyping, short to medium-run production, and one-off specialty components primarily for the automation industry. Juan is passionate about robotic educational programs and shares his experiences being involved with FIRST Robotics.
In this week’s episode, Jay interviews Len Morrissey, the former CFO and President at RAPID. Len shares tips and recommendations on how job shops can work successfully with banks, leveraging the 17 years he spent in commercial banking before moving into manufacturing.
On this episode we speak with Justin Quinn, owner of Focused on Machining in Denver, Colorado. Justin bought Focused on Machining eight years after it started. As a former commercial banker Justin offers us a unique perspective on buying a shop through the bank's perspective, including what is underwriting, how banks make money and how to make your shop look attractive to a bank.
We speak with Joel Niekamp of Wesco Machine and Tool. After a career in private equity and investment banking with a specialty in mergers and acquisitions Joel opted to switch gears and purchased a Job Shop himself. Many job shop owners are reaching the point where they're looking to exit their business. And this is a great opportunity to get the perspective of someone on the other side who actually pulled the trigger and bought a shop.