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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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Aug 10, 2018

Work/Life Balance: how kids can make you sleep better

Sound like an oxymoron? Sometimes we need an escape from work; you can get stressed because you’re working too much.

Call it what it is! A BUSINESS.

When payroll gets involved, that’s when it gets serious (and when something starts to run like a mini corporation). The Johns discuss the difference between planning and dreaming when it comes to growing your business.

“If there’s a decision you can solve for under 100 dollars, solve it yourself.” - Tim Ferriss, Four Hour Work Week

The Johns get inspiring (and a little cheesy):

“Believe in yourself!” - Saunders

“‘It’s fun to dream’ is the wrong phrase. The phrase should be ‘it’s fun to plan’” because it’s all part of the true picture of the business. - Grimsmo

“The future will be kind to me, as I intend to invent it” - Saunders

QOTD: How do you dream about things?

What if I got…? Is a form of planning.

Goals to grow the business! For what? Growth!

Sometimes you’re not working for a sports car, you work so you can grow your business and invest in it. The Johns talk about what they're working towards. 

IMTS is one month away!

Grimsmo and Saunders will be there a day before IMTS starts (Sunday, Sept 9) for the Manufacturing and Entrepreneurship Summit, which is a version of the NYC CNC open house, and there will be plenty to learn! Grimsmo will also be doing a workshop on knife making, and talking about the business.

The event will be held in a pretty great space called mHUB in downtown Chicago.

Register for the event, here!

TO-DO or WILL-DO? that is the question. 

Putting something on a piece of paper as a to-do list doesn’t mean it’ll get done, and everyone has a different kind of to-do list that works for them. Saunders and Grimsmo talk about the differences between theirs.

“Its surprisingly hard to find a system that works for you” - Grimsmo

The final part of this episode is all about Enterprise Resource Planning (ERP) Systems

Grimsmo is in the midst of setting his company up with ProShop but, similarly to to-do lists, everyone uses ERP systems differently.

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