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What happens when a foursome of manufacturing leaders get together for an open conversation about the future of manufacturing? Issues they're having right now? And how is the health of manufacturing in their respective businesses?
Does the thought of writing someone up give you anxiety? How about having to tell someone they need to correct an action or there is a potential of termination? These are not fun meetings to have. I've struggled with this my entire career. In this episode I'm going to share with you how I've gotten over the anxiety of having to discipline a team member.
Do your insurance rates continue to skyrocket? Is it because of excessive workers compensation claims? On this episode of my TRUE POSITION I'm bringing in a special Safety Guest to share tips on how to beef up your safety protocols and save some money.
When is the right time to move your business? There are so many reasons. Future growth is probably the biggest, with taxes, infrastructure, cost, and even a warmer climate. In this episode I'll be sharing all the business and personal reasons for making this decision. It wasn't easy.
How does a growing machine shop continue to buy CNC equipment when interest rates are double what they were 12 months ago? Will inflation continue to rise and will I not be able to buy that sweet new CNC machine? This week we have a special guest - Ty Willis from ENGS Financial to help us with some best practice in borrowing.
So it's in the early 90's and I'm recently married, with a couple of kids, a house with a mortgage, two kids (and one on the way) and a minivan and coupe car.
Working hard in the family machine shop
Thinking that someday I'll be getting this business.
That's great! BUT….
I just realized that my single dad - who is the sole owner and President of CARR Machine - has had a serious gf for about 15 years and I hear whispers of them talking about marriage.
OH BOY - this could be a problem.
I knew I had to quickly advance the business succession plan and somehow redirect him on this marriage idea. Listen to the full episode to hear what I did.
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