Greg McHale sits down to talk with Mike Payne, Owner of Hill Manufacturing about his unconventional path to becoming a shop owner. Mike was actually helping the previous owner look for a buyer when he decided to make an offer himself. After 25 years in software and private equity, Mike realized that he really liked the can-do attitude and willingness to help each other that manufacturers share. This episode explores how Mike leveraged his background in private equity and data analysis to double his shop’s size in 5 years - every five years.
- Bloodstains, sweat and tears (1:40)
- Taking the plunge and buying a shop (11:19)
- Why there’s a big red barn on the shop floor - and we’re talking BIG (19:29)
- Yay, it’s Monday. Building a great culture where people want to come to work (21:55)
- Setting the standards everyone can operate within (26:04)
- The technology & tools to grow the business (35:30)
- Don't want to be the cheapest option (41:40)
- Doubling the business in 5 years - every 5 years (46:22)
- This podcast pissed me off (48:59)
- Being there for each other (54:12)
Links Referenced:
- Datanomix: https://datanomix.io/
- Hill Manufacturing: http://www.hill-manufacturing.com/
- LinkedIn: https://www.linkedin.com/company/hillmfg/
- mfgmavericks.com: https://mfgmavericks.com
The Datanomix Difference: What Makes It Work?
It’s not just what you see. It’s how fast you see it, how clearly it shows up, and how easily your team acts on it.
- Simple machine and data connectivity, handled by us
- Data that makes sense on day one
- No Operator Input™ means zero burden on your team for data entry
- Product Tracks built for actual shop floor behavior
- Stay connected to your shop floor with the Datanomix Mobile App
- Kick-Ass Coaching that walks the shop floor with your team and keeps you winning
- Best-in-class partnerships and integrations
- The Datanomix Community built on real relationships and real wins
- Mountains of success stories with manufacturers just like you
- Every customer starts with our Pilot Program
Learn more at www.datanomix.io
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