Think Like an Owner

Josh Schultz - Scaling CaneKast - Ep.144


Listen Later

My guest on this episode is Josh Schultz, current president CaneKast and previously co-founder of the Chess Group. Josh has partnered with Reg Zeller, a former podcast guest from Episode 81 and CaneKast founder, to acquire and streamline foundries across the country. But as Josh and I talked about in the episode, that is far from their only ambition.

Josh and I talk about what has changed the most in the year since joining CaneKast, how he approaches scaling, organizations, and teams, documenting processes, change management, and finding a complementary partner to work with.

Josh is also a great friend and a person I deeply admire. He's incredibly intelligent, process driven, and creative, and I always love talking with him. Please enjoy our conversation.

Listen weekly and follow the show on Apple Podcasts, Spotify, Google Podcasts, Stitcher, Breaker, and TuneIn

Links:

Josh on Twitter

JoshuaSchultz.com

CaneKast

Reg Zeller on Twitter

The SMB Ops show


Topics:

(2:58) - What would you say are the biggest changes you’ve seen in your business in the past 10 months?

(4:45) - Do you feel like there’s an order of operations for changing or tracking different things?

(7:00) - How did you go about understanding pricing and mold counts?

(10:47) - Do you believe you’re creating a competitive advantage beyond pricing that contributes to growing sales?

(12:40) - What’s the most challenging piece to improving service?

(14:45) - How much do you think making internal data more transparent has impacted your efforts?

(19:46) - How do you get someone with deep domain expertise to share and document knowledge?

(20:51) - What is the goal for building multiple solo companies within CaneKast?

(23:42) - What are some business models that are inspiring this move?

(25:05) - The importance of building a competitive advantage

(27:15) - Do you feel your competitive advantage will allow you to acquire other foundries?

(29:02) - Do you think there’s correct pacing to change?

(30:45) - How do you approach setting a vision for the company?

(34:49) - How do you view what types of aspects of the business will change next?

(36:51) - Where do you think you’ll feel the strain as you start acquiring companies?

(38:34) - How do you go about learning a new topic?

(42:10) - How have you used media and podcasting to build relationships?

(43:47) - What advice do you have for finding a good partner?

(46:00) - How did you think about your role at CaneKast?

(48:18) - Have you always had this Entrepreneurial Impatience?

(50:43) - Where do you feel like you need to be patient?

(54:56) - Evolving the CEO role to pure people & executive team management

(59:26) - What’s a strongly held belief you’ve changed your mind on?

(1:00:09) - What’s the best business you’ve ever seen?

(1:03:24) - What’s next for you in manufacturing after foundries?

...more
View all episodesView all episodes
Download on the App Store

Think Like an OwnerBy Alex Bridgeman

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

103 ratings


More shows like Think Like an Owner

View all
Built to Sell Radio by John Warrillow

Built to Sell Radio

208 Listeners

Founders by David Senra

Founders

1,773 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,295 Listeners

M&A Science by Kison Patel

M&A Science

123 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

813 Listeners

The Fort by Chris Powers

The Fort

478 Listeners

The Acquirers Podcast by Tobias Carlisle

The Acquirers Podcast

301 Listeners

My First Million by Hubspot Media

My First Million

2,599 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

243 Listeners

The Private Equity Podcast, by Raw Selection by Alex Rawlings

The Private Equity Podcast, by Raw Selection

30 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

338 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

237 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

111 Listeners

Moneywise by Hampton

Moneywise

636 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

31 Listeners