Business of Machining - Episode 82

The Grimsmo Grapple: Touchy Subjects The guys do their best to be open and honest but some topics are hard to discuss! Compartmentalizing family vs. business life is easier said than done. At GK, business IS family, so it's near impossible! Process Reliability--NOT JUST FOR PARTS OR BUSINESS OPERATIONS Grimsmo shows tremendous strength in his ability to self-evaluate.  Instead of hiding behind a smile, he admits his own truth. On his quest to become more assertive, unlearning habitual ways of handling conflict and replacing them with more effective strategies is a lengthy process--a process needing constant practice. The old "build-up and blow-out way" isn't the Grimsmo way! GET THE CHIPS OUTTA THERE Throw a couple of broken through-coolant drill bits onto the pile and you've got the making of a "wild week." "Could a line of code turn the coolant on to STRAFE the hole instead of going into it?" - Saunders (To understand this plausible solution, play DOOM or search the urban dictionary). Centered Saunders Being an entrepreneur means you're a defacto leader. As the leader, you inadvertently pass on your ways of handling chaos to your team. If you freak out, they'll freak out. If you approach with a cool head, they'll follow suit. SUB SANDWICHES AND SUCCESS Useful tips can be found everywhere...even at Jimmy John's! While on a lunch break at Jimmy John's, Saunders notices a list on the wall. Warren Buffett's 10 Rules for Success INVESTOR MINDSET Grimsmo shifts his perspective to that of an investor looking from the outside in. Saunders poses 2-sided hypotheticals about what outside investors AND business owners want. ***GET INSPIRED*** Manufacturing Entrepreneurship Summit 2018 - Chicago, IL! The Manufacturing Entrepreneurship Summit will be held at mHub Sunday, September 9th, 2018 (ONE DAY BEFORE IMTS!) and---it's FREE! Workshop Topics: Product Development Bootstrap Entrepreneurship  Growing & Operating a Job Shop Optimizing Surface Finishes with CAM & Tooling  Fixturing Tips & Tricks Lean Shop Operations Guest speakers: John Grimsmo, Jay Pierson, Tim Paul, Bill Fienup, John Saunders, and Zach Kaplan! PLUS, AN AFTER-PARTY! SIGN ME UP!

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