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Growing a $5m Metal Business 40% in Year 1
Published 3 months ago
Description
Caleb Standafer believed in manufacturing and wanted to spend his career there. A multi-year pivot and ETA got him in.
Topics in Caleb’s interview:
- Moving from tech to manufacturing
- Manufacturing is important for our country
- 7 years operating before searching
- The manufacturing concept of “going to Gemba”
- His 4-year part-time search
- Taking time weekly to develop his leaders
- Partnering with his dad
- Modernizing 1970s technology
- Managing 75% customer concentration
- Renegotiating payment terms with his largest customer
References and how to contact Caleb:
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- Book a call with Tim or hello@systemsix.com and mention Acquiring Minds
Get a complimentary IT audit for acquisition diligence or post-close transition.
- Visit inzotechnologies.com/eta.
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov and produced by Pam Cameron