Throughout history, successful individuals such as Andrew Carnegie, Henry Ford, and Thomas Edison all met with groups of like-minded people on a regular basis, to help one another achieve common goals and grow. Today, this concept is called a “mastermind”, and is very well known amongst successful business owners. In fact, many consider some concept of a mastermind group as a critical part to maintaining a healthy network.
"Whether it's a problem that you need to solve, whether it's creating and implementing goals, and just supporting each other through hard times. I think its necessary for every manufacturing leader to be a part of some kind of group like that. I'm going to say it... It's necessary."
- Jason Zenger
On this episode of MakingChips, we talk about what a mastermind group is, how it can benefit you and your manufacturing business, and what steps you can take to form one. We also talk manufacturing news and preview the upcoming IMTS 2016.
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We come to you from two separate locations (Dallas & Chicago) on this remote episode of MakingChips. Today we talk about establishing and exploring your manufacturing company’s niche. Jim and Jason share their idea of what niche means to them in their respective companies. In Manufacturing News we discuss Five Vital Steps to Set Up a Successful Manufacturing Business. We also recap the TMA’s 90th annual meeting, and introduce a new MakingChips partnership.
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On this special episode of MakingChips, we recap the 2016 Crain's Manufacturers Summit with interviews from several VIP guests. First, we speak with John Sapiente of Elgin Die Mold and Trident Manufacturing about the challenges of running two businesses. Second, we have Jason Scher of Vosges Chocolate who speaks to us about working with your spouse, and the evolution of Vosges Chocolate. We also have a conversation with Tom Pellette of Caterpillar, where we discuss Caterpillar's supply chain relationships with machining companies, as well as the economic future of manufacturing. Lastly, we talk with Sagar Patel of Woodward about their recent expansion, and promoting manufacturing to future generations. At the end of this episode, we recap what we took away from the event.
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