Valuing a Business

October 10, 2022 - 2:12pm -- Selcuk Gulboy

When does a theoretical value become really valuable? 

When do you decide to buy or sell a business, particularly a precision machining business? How do you assess its value? How do you determine whether a business is a collection of machinery, tooling, and real estate, or if it is something of significantly more monetary value?

Manufacturing Rockets in College, with Anirudh Pal and Xander Wells—EP 166

October 3, 2022 - 4:47pm -- Selcuk Gulboy

At IMTS 2022, I stumbled upon a booth with an impressive 28 foot rocket on display, constructed by students from the Purdue University Bechtel Innovation Design Center.

Anirudh Pal, an operations manager at Bechtel, and Xander Wells, an undergraduate teaching assistant at Bechtel, told me the story behind the rocket’s creation when I interviewed them for today’s podcast.

How to Save Money on Cutting Tools, with Bryan Stusak and Steve Vanderink–EP 165

September 23, 2022 - 1:45pm -- Selcuk Gulboy
Steve Vanderink and Bryan Stusak of Iscar Metals Interviewed by Noah Graff at IMTS 2022

At IMTS 2022, I had the privilege of interviewing Bryan Stusak and Steve Vanderink, two product specialists from Iscar Metals, world renown seller of cutting tools for machining. We talked about the latest developments in cutting tool technology that enable faster changeover, and how to save money by using inserts properly when removing small amounts of material.

Defending Your Manufacturing Company From Cyber Attacks, with Drew Phillips–EP 162

September 6, 2022 - 1:37pm -- Selcuk Gulboy
Drew Phillips, senior systems integration engineer at MxD (Manufacturing x Digital)

Are you vaccinated against the Virus? 

Is your computer system prepared for the inevitable attack?

Today’s podcast discusses the scary reality that manufacturers are the number one target of cyber attacks around the globe. Manufacturing companies are at risk for ransomware and intellectual property theft. It’s even possible for hackers to take control of a factory’s machine tools remotely.

Pay For It If You Believe In It

August 23, 2022 - 4:29pm -- Selcuk Gulboy

If you really wanted to buy something that you thought could be important in your life, would you be willing to walk away from the opportunity because the price tag seemed higher than it should be or because you felt offended by the seller? I ran into this dilemma this week.

Running a CNC Swiss Medical Shop, with Shawn Gaskin–Ep. 161

August 17, 2022 - 2:18pm -- Selcuk Gulboy

Our guest on the podcast today is Shawn Gaskin, owner of Swiss Technologies of New England and Stone Medical in Plainville, Massachusetts. Shawn started Swiss Technologies over 20 years ago, with one L20 Citizen making parts out of sterling silver for Tiffany and Company. Over the years, his company has grown into a diversified shop, doing a significant amount of medical work. If you want to learn about the medical Swiss components business I recommend you check out this interview.

How to Connect Efficiently with Manufacturing Customers, with Adar Hay–Ep. 160

July 29, 2022 - 3:35pm -- Selcuk Gulboy
Adar Hay, co-founder and CEO of Jiga

Our guest on today’s podcast is Adar Hay, co-founder and CEO of Jiga, a company providing a web platform for manufacturing buyers and suppliers to communicate and establish new relationships. It’s ironic how in today’s world, in which we have so many channels to communicate and network, it’s still complicated to do those things well. Jiga’s mission is to simplify those processes.


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