Machine Shop Growth: Is Bigger Always Better? | Machine Shop Talk Ep. 48

Is BIGGER always BETTER? We all want bigger, better, more productive shops – but are there advantages to keeping your manufacturing business intentionally smaller? Today, Ian Sandusky from Lakewood Machine is diving into the world of business growth, and exploring some of the common pitfalls companies experience when they grow too large, too quickly. To combat this, Ian proposes three strategies: 1. Be intentional in your growth plan 2. Right-size your business instead of chasing infinite growth 3. Revisit and re-evaluate your plan frequently to make sure you’re on the right path What are some of YOUR top strategies for taking your business to the next level? What’s YOUR STORY of dealing with a company that got too big for its britches? Grab the forum thread and join the convo here: https://www.practicalmachinist.com/vb... _______________________ Ian Sandusky Lakewood Machine and Tool https://lakewoodmachine.com/ [email protected] (905) 853-6194 LinkedIn:   / ian-sandusky-3a223227   Instagram:   / lakewoodmachine  

Waiting for Your Million-Dollar Manufacturing Idea? | Machine Shop Talk Ep. 52
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Waiting for Your Million-Dollar Manufacturing Idea? | Machine Shop Talk Ep. 52

Why You Should Lose More Quotes | Machine Shop Talk Ep. 49
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Why You Should Lose More Quotes | Machine Shop Talk Ep. 49

Shop Death by Waste! | Pierson Workholding Lean Training
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Shop Death by Waste! | Pierson Workholding Lean Training

Every Machine Shop Makes This Quoting Mistake | Machine Shop Talk Ep.155
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Every Machine Shop Makes This Quoting Mistake | Machine Shop Talk Ep.155

How Lean Transformed my Small Shop Into a Lean Factory | Pierson Workholding
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How Lean Transformed my Small Shop Into a Lean Factory | Pierson Workholding

Should You Be a CNC Machinist? | What 24 years in the trade has taught me
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Should You Be a CNC Machinist? | What 24 years in the trade has taught me

Customer Won't Follow Their Own Tolerance | Machine Shop Talk Ep. 83
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Customer Won't Follow Their Own Tolerance | Machine Shop Talk Ep. 83

Get PUMPED for Lean Manufacturing: Start the Right Way! | Pierson Workholding Q&A
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Get PUMPED for Lean Manufacturing: Start the Right Way! | Pierson Workholding Q&A

Aerospace Machining | SHOP TOUR | Former Aircraft Carrier Machinist
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Aerospace Machining | SHOP TOUR | Former Aircraft Carrier Machinist

Starting Your Shop Again... What Would You Do Differently? | Machine Shop Talk Ep. 76
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Starting Your Shop Again... What Would You Do Differently? | Machine Shop Talk Ep. 76

THIS is what a LEAN shop looks like - Lean Machine Shop Tour
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THIS is what a LEAN shop looks like - Lean Machine Shop Tour

He Left SpaceX to Change How Homes Are Built
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He Left SpaceX to Change How Homes Are Built

How to Quote Jobshop Work - How Much to Charge?
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How to Quote Jobshop Work - How Much to Charge?

Walk-Ins & Small Orders: Are They Worth Your Time? | Machine Shop Talk Ep. 55
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Walk-Ins & Small Orders: Are They Worth Your Time? | Machine Shop Talk Ep. 55

Unbelievable Smart Worker & Hilarious Fails | Construction Compilation #7 #adamrose #smartworkers
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Unbelievable Smart Worker & Hilarious Fails | Construction Compilation #7 #adamrose #smartworkers

I Bought the Cheapest CNC Lathe from China — Was It Worth the Risk?
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I Bought the Cheapest CNC Lathe from China — Was It Worth the Risk?

Why the Race to the Bottom Hurts Everyone | Machine Shop Talk Ep. 44
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Why the Race to the Bottom Hurts Everyone | Machine Shop Talk Ep. 44

The Brightest Machine Shop I've Ever Seen | TORQ Manufacturing Tour
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The Brightest Machine Shop I've Ever Seen | TORQ Manufacturing Tour

This Isn’t Your Average Machine Shop | Spectrum Machine Tour
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This Isn’t Your Average Machine Shop | Spectrum Machine Tour

Watch Out for These Red Flags in Used CNC Machines! | Machine Shop Talk Ep. 92
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Watch Out for These Red Flags in Used CNC Machines! | Machine Shop Talk Ep. 92