Leaving your Father’s Manufacturing Company and then Founding Your Own, with Howard Sheldon-EP 214

April 4, 2024 - 12:09pm -- Selcuk Gulboy
Howard Sheldon, Owner of Sheldon Precision Engineering

Our guest on today’s show, Howard Sheldon, grew up working in his family’s third generation precision turning company. He planned to eventually take over the business from his father, but unfortunately succession didn’t happen the way he had hoped.

Howard left his family company in his mid-30s, and 10 years ago started his own Swiss turning company, Sheldon Precision Engineering Ltd. 

Howard turned out to be a natural entrepreneur, and he has built a thriving business that gives him the lifestyle he wants.

The Benefits of a Manufacturing Business Sharing Financials with its Employees, with Reid Leland-EP 132

March 27, 2024 - 12:25pm -- Selcuk Gulboy
Reid Leland, Founder and President of LeanWerks

Our guest on the podcast today is Reid Leland, founder and President of LeanWerks, a precision machining job shop in Ogden, Utah. Lean Works operates using open-book management, which means the company shares its financial information with all its employees on a regular basis.

Reid says this transparent management style makes its employees aware of how their performance impacts the company’s success. They feel accountable to not only work hard but more intelligently, in a way that benefits the company the most.

Supplying Medical Parts Directly to Hospitals, with Thadd Mellott-EP 212

March 22, 2024 - 1:10pm -- Selcuk Gulboy

My guest on today’s show, Thadd Mellott, called us at Graff-Pinkert because he needed a Star SB20 CNC Swiss machine. His company, Circle M Spring, in Warsaw, Indiana, produces medical parts, including implantable orthopedic components. Circle M Spring is currently merging with a medical component design company that specializes in sports medicine. Thadd is incredibly excited about the merger because he now will have the rare ability to supply medical components directly to hospitals—a privilege that most machining companies can only dream about.

How to Turn a Business Failure Into an Opportunity—Seeking Serendipity-EP 211

March 1, 2024 - 1:17pm -- Selcuk Gulboy
Noah Graff with an INDEX MS42C CNC Multi-Spindle like the one he sold from Spain

How many times has something happened to you that really sucked but then eventually turned out to be a good thing or even a great thing that happened for you? 

Today, I’m going to tell you a story about when a big machinery deal went to hell and then how its failure led to an amazing turn of events—a way better result than if things had gone the way they were supposed to go.

You know. Serendipity.

Growing a Thriving Shop by Creating Chaos and then Organizing it, Roger Duffy (Part I)-EP 110

February 27, 2024 - 2:03pm -- Selcuk Gulboy
Roger Duffy, Owner of F&F Machined Products

At Graff-Pinkert, I’ve sold a lot of machine tools to successful entrepreneurs, including my guest on today’s show, Roger Duffy, owner of F&F Machine Products. But, just a few people like him really have stood out for their outward ballsiness in business.

Roger says he loves being an entrepreneur because it allows him to take risks, to dive into the unknown, whether that means trying entirely new equipment or even starting new types of manufacturing businesses of which he has no previous experience.

How Do You Manage Employees When a Company is Acquired? With Jennifer Fondrevay—EP 175

February 27, 2024 - 1:59pm -- Selcuk Gulboy
Jennifer Fondrevay, Founder of Day1 Ready

Recently, we have seen a growing number of mergers and acquisitions in the manufacturing space.

After these deals are finalized there’s a lot of uncertainty for the employees caught in the middle of reorganization.

Our guest on the podcast today is Jennifer Fondrevay. Jennifer is a best selling author and the Founder of Day1 Ready, a consultancy that advises companies on how to prepare for challenges that result from changes in the workplace.


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