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  1. machinistguy

    Industrial Businesses Megathread

    IDEA CHAT EXECUTION 
    CNC Machine Tool Builder (MTB) Companies: I've had a lot of MTB salesmen dropping by lately so I thought I'd write about them. After all, the last time an American started a successful MTB company he became a billionaire and now owns a NASCAR and F1 team (just don't do tax evasion kids, you'll...
  2. machinistguy

    Building a Manufacturing Conglomerate Progress Thread

    EXECUTION 
    We moved into a new space a couple weeks ago. New owners at our old place wanted to demise our old space. It took a few all nighters and weekends to get everything back up and running quickly. We moved to a bigger space that we can grow into. Hired a new programmer (recent grad), a role I was...
  3. machinistguy

    Building a Manufacturing Conglomerate Progress Thread

    EXECUTION 
    Just got humbled a few hours ago! I change my vision for the company on a monthly basis because my ego wants to be doing cooler stuff like aerospace or oil&gas parts, only to get an expensive reminder that going after boring industries that nobody will ever care about or hear about makes is the...
  4. machinistguy

    MTF needs a slumpbuster: Too many swings, no hits.

    GOLD! 
    Yeah I don't know why there's so much talk on this thread about needing connections, marketing strategies, competition, or other nonsense. The 20% of work that gets you 80% of the result comes down to this, giving customers who have money what they need better than they can get it from somewhere...
  5. machinistguy

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    I'm excited at the idea of an information/R&D company like that in industry & science. Just a group of people testing out crazy theories that have potential to improve profit for established companies and selling the information. "If you do this and that with this type of cutting tool on...
  6. machinistguy

    Building a Manufacturing Conglomerate Progress Thread

    EXECUTION 
    Video of our first fully automated cell making parts. It runs 8hours unattended making these handles, 48hrs if we got backup tools. Took months to get it up and running but its so worth it now. It's saving us so much on labor for these handles, and we already got a small job lined up for it with...
  7. machinistguy

    Building a Manufacturing Conglomerate Progress Thread

    EXECUTION 
    Thought I'd post things going wrong update: We made about $10k December and on track to make ~$3k Jan and it's not because we don't have any orders... We've been working on one massive project only since late November expected to finish this week, but kept experiencing massive packaging...
  8. machinistguy

    Building a Manufacturing Conglomerate Progress Thread

    EXECUTION 
    @FastNAwesome was kind enough to ask how business is going. So here's the update. The Good: Our biggest customer is a public company that does ~$80m/year. We've become a top vendor after a successful project launch and will be the manufacturer for their next project launching in Jan '24...
  9. machinistguy

    Dallas-Fort Worth, Texas Meetup.

    MEETUPS 
    @Carlitos what's your business/thread. I usually have church events on Sundays so I can't come, but I'd be happy to help over PM.
  10. machinistguy

    RANT - This Must Be Talked About More

    RANT 
    Your post reminds me of Peter Thiel's Zero to One. If you're trying to copy how other companies became massive you'll fail because each situation is unique. You don't have the same strengths/weaknesses as the other founder, not the same industry, not the same customers, not the same period in...
  11. machinistguy

    23.2 ROAS needed: realistic?

    QUESTION 
    I find the concept pretty easy to understand... I just wouldn't trust it to work unless you have working models. Also if it does what you say it does idk why you're going after consumers and not restaurants, the ROI vs a human chef would be outstanding... If it works.
  12. machinistguy

    100k in 60 Days: B2B Email Guide & Follow Along

    MARKETING 
    Just scheduled my follow up Email with my test market. By the time I finished cleaning the data it went from a list of 29 companies to about 10. Glad I did it manually at first, makes you understand the little intricacies. So flow for the test market is: 1. First Cold Email 2. Mail Flyer 3...
  13. machinistguy

    100k in 60 Days: B2B Email Guide & Follow Along

    MARKETING 
    Ok, started finding the product team's emails using snov.io. Already have an email to one company scheduled for 8AM tomorrow. Here's the final template I'm using: Subject Line: Question About [Product] Body: Love your [product]. Have you considered [Company] [proposed product]? We’re a US...
  14. machinistguy

    Building a Manufacturing Conglomerate Progress Thread

    EXECUTION 
    It was a pretty heavy hit in terms of both cash and time, but we're making progress. Putting as much focus as I can in sales since we can solve a lot of the problems I have with money. Started a cold email thread here: MARKETING - 100k in 60 Days: B2B Email Guide & Follow Along
  15. machinistguy

    100k in 60 Days: B2B Email Guide & Follow Along

    MARKETING 
    Most of the following knowledge is credited to Lead Gen Jay. Avoiding Spam You want to setup a separate root domain for your cold email accounts so the main domain doesn't get put at risk. Here's the below steps. Setup Email Domain Do not use root email domain. Buy alternatives, i.e...
  16. machinistguy

    100k in 60 Days: B2B Email Guide & Follow Along

    MARKETING 
    Prospecting done. Because the more we niche the more profitable we'll be, I came up with a very stringent list of capabilities based on order volume, part size, material, process, etc... and asked ChatGPT what industries would need our services the most. It gave 20, and I culled it to 3 where...
  17. machinistguy

    100k in 60 Days: B2B Email Guide & Follow Along

    MARKETING 
    Going for $100k from new customers in 60 days and thought I'd post my general strategy for feedback & to help others. Most of this is tailored to my specific case, so adjust as necessary. Credit to Alex Hormozi & Lead Gen Jay for inspiring a lot of the technical info. Cold Email Formula Sales =...
  18. machinistguy

    How My Attitude Towards Leadership Held Me Back For Decades

    GOLD! MINDSET 
    My high school teacher was in favor of electing bad politicians when things are good because it exposes the flaws in the system during good times, instead of during a recession or a war where those flaws could be fatal, and gives you the opportunity to come back with an even more resilient...
  19. machinistguy

    Building a Manufacturing Conglomerate Progress Thread

    EXECUTION 
    I let go of the reigns and left it to the employees I had hired since the work to be done was very straightforward. The final batch shipped, and I decided to look at some of the extra we made. All of them were defective... I showed the person who did them some defective units and asked what he...
  20. machinistguy

    Existing service business building out an e-commerce store

    IDEA 
    You've already spent so much time figuring out the service section of the business, why start an entirely new branch in eCommerce instead of scaling the service with more locations or franchisees? Is it a genuinely smart business choice or shiny object syndrome? Ecommerce isn't just launching...
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