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Business of Machining

John Grimsmo of Grimsmo Knives and John Saunders of NYC CNC discuss their success, struggles, goals and more as machinists, business owners and entrepreneurs.
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Mar 9, 2018

The podcast flashback last week sent the John’s into a whirlwind of comments about what they were up to around Christmas time. It’s amazing how much changes in just a few months!

 

Is there a monetary value to time?

“There are two limitations in life, time and money” - Saunders

As it turns out, time-related stress doesn’t just stress you out, but also your wallet!

 

So, would spending the money to move to a much bigger shop be worth it for Grimsmo?

 

Check out Grimsmo’s latest video on their reconnaissance mission to see a potential new shop.

 

How to Scale Business: Fire Yourself

Here’s some news; Saunders got bored! So...he’s probably successfully fired himself! And it feels so good to know they have the systems in place to make workers autonomous. The next question is what will he do next?

 

In Grimsmo’s corner, Angelo seems to be autonomous on the lathe! Next step: Set up a system and process for business expansion.

 

“Machining is not a spectator sport” - Grimsmo

But the two John’s are going to keep making videos about it anyway. Keep an eye out for Post Processor videos on Saunders channel! It’s amazing how quickly you can go from “I don’t know”, to “let me teach YOU how to do that”.

 

Grimsmo’s putting it write out in the open...he’s developing a Grimsmo PEN! But will it take 3.14x the amount of desired time to make it to market? Who knows, at least he’ll share as much as he can about the process on the way.

 

Keep an ear out for an episode where the John’s talk about leadership/management styles.

 

See you next week, mate! Saunders is headed to Australia, but he’s sticking to the Business of Machining Schedule.

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