Russell Winter
@MFG_SMB
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Founder, https://t.co/Wh2PTfFCdX | 3rd Gen Tool & Die Maker | Sm. Machine Shop Owner | Unite MFG SMB's, Build the Army of Small | Homeschooled, Farmer Boy | IGAF
Chicago, IL
Joined October 2022
today i ran an experiment that exposed what i believe to be one of the biggest threats to America right now i attempted to buy a small manufacturing company from a retiring owner the owner told me at one point they used to have way more employees and did way more sales than
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i run a small manufacturing company w/4 ppl over the past 7 years we’ve welcomed 4 babies to our families and have paid 4 months of paternity leave (full salary) most of us are 25-35 now also had 2ppl buy houses and a 3rd ready to hard industry still here this is the way
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Decades of business as usual is changing. Manufacturing is changing. The time for competition is upon us. May the best win, for the good of humanity! Go. Fight. Win.
alright I've gotten to the point of posting a direct screenshot from an american mill that is 1000% illegal practice and has huge negative effects on american manufacturing "that may compete against them" oh so you know metal suppliers have an oligopoly making aluminum way
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i run a small manufacturing company w/4 ppl over the past 7 years we’ve welcomed 4 babies to our families and have paid 4 months of paternity leave (full salary) most of us are 25-35 now also had 2ppl buy houses and a 3rd ready to hard industry still here this is the way
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“Maybe more” than years of hard work!? Oh man what have I done
Guys, there are no short cuts in business. It's going to take hard work and it's going to take YEARS. Maybe more.
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one time I was bidding on a big to us ($XXM) dod contract bought a huge used machine to support our performance on it then had to 2x the electric supply coming into the shop + new transformers & panel didn’t win contract scrapped machine lesson, gamble less more small wins
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One of my favorites that was put up on the office door by the GM years ago.
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imagine explaining this to an alien: so yeah, basically there are all these civilization-level problems we could fix but we won't unless it makes us profit, our short life spans limit our incentive to work on hard stuff over survival, and everything needs to be a jobs program.
one of the greatest failures of capitalism is that many of the best of our generation are not working on the problems that will push us forward as a species. market liquidity will not save us from the death of our star, founding that saas company will not lead to us to an age of
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Why don’t more people get this? This is the way!
one of the greatest failures of capitalism is that many of the best of our generation are not working on the problems that will push us forward as a species. market liquidity will not save us from the death of our star, founding that saas company will not lead to us to an age of
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The only acceptable answer to “why do you want to be a founder?” > because the vision literally won’t get built unless I do it myself
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At 24, I sold my first company for $5,000 (pic) This was special to me because it marked a significant transition in my life. Progress can be moving on from good things, even when they are going well. Leaving good things behind for better was a new mindset for me.
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Out of the two possible ways to plug in a usb, I always somehow get it right on the third try.
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Stages of Vacation from an SMB Owner perspective. 1. No Vacation (mind & body stay at work) 2. Not Fun Vacation (body goes on vacation, mind stays at work) 3. Fun Vacation (body and mind go on vacation)
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my small manufacturing company won our second prime DoD contract 4 years ago our small team (3.5people) showed up we ran 22hrs a day, 7days a week for 3 weeks filled up a gaylord of chips daily we are about as small as it gets so I know other SMB MFG’s can do this
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Getting tunnel vision on a thin deal doesn’t pay.
Guys, the bank’s debt service coverage ratio isn’t some riddle you’re gonna outsmart. Stop trying to thread the needle. Stop trying to make thin deals pencil. Walk away from anything that doesn’t give you real margin for error.
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my small manufacturing company won our second prime DoD contract 4 years ago our small team (3.5people) showed up we ran 22hrs a day, 7days a week for 3 weeks filled up a gaylord of chips daily we are about as small as it gets so I know other SMB MFG’s can do this
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