Open the app
Acquiring Minds

Growing a $5m Metal Business 40% in Year 1

June 29 · 1 hr 36 min · 92.4 MB
0:00-1:36:15

Streams straight from the publisher. PodNod never proxies or re-hosts episode audio.

Open in PodNod

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:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Get a free review of your books & financial ops from System Six (a $500 value):

Get a complimentary IT audit for acquisition diligence or post-close transition.

Connect with Acquiring Minds:

Edited by Anton Rohozov and produced by Pam Cameron