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Josh Schultz - Scaling CaneKast - Ep.144

Josh Schultz - Scaling CaneKast - Ep.144

FromThink Like an Owner


Josh Schultz - Scaling CaneKast - Ep.144

FromThink Like an Owner

ratings:
Length:
66 minutes
Released:
Nov 15, 2022
Format:
Podcast episode

Description

My guest on this episode is Josh Schultz, current president CaneKast and previously co-founder of the Chess Group. Josh has partnered with Reg Zeller, a former podcast guest from Episode 81 and CaneKast founder, to acquire and streamline foundries across the country. But as Josh and I talked about in the episode, that is far from their only ambition.Josh and I talk about what has changed the most in the year since joining CaneKast, how he approaches scaling, organizations, and teams, documenting processes, change management, and finding a complementary partner to work with.Josh is also a great friend and a person I deeply admire. He's incredibly intelligent, process driven, and creative, and I always love talking with him. Please enjoy our conversation.Listen weekly and follow the show on Apple Podcasts, Spotify, Google Podcasts, Stitcher, Breaker, and TuneIn. Links:Josh on TwitterJoshuaSchultz.comCaneKastReg Zeller on TwitterThe SMB Ops showTopics:(2:58) - What would you say are the biggest changes you’ve seen in your business in the past 10 months?(4:45) - Do you feel like there’s an order of operations for changing or tracking different things?(7:00) - How did you go about understanding pricing and mold counts?(10:47) - Do you believe you’re creating a competitive advantage beyond pricing that contributes to growing sales?(12:40) - What’s the most challenging piece to improving service?(14:45) - How much do you think making internal data more transparent has impacted your efforts?(19:46) - How do you get someone with deep domain expertise to share and document knowledge?(20:51) - What is the goal for building multiple solo companies within CaneKast?(23:42) - What are some business models that are inspiring this move?(25:05) - The importance of building a competitive advantage(27:15) - Do you feel your competitive advantage will allow you to acquire other foundries?(29:02) - Do you think there’s correct pacing to change?(30:45) - How do you approach setting a vision for the company?(34:49) - How do you view what types of aspects of the business will change next?(36:51) - Where do you think you’ll feel the strain as you start acquiring companies?(38:34) - How do you go about learning a new topic?(42:10) - How have you used media and podcasting to build relationships?(43:47) - What advice do you have for finding a good partner?(46:00) - How did you think about your role at CaneKast?(48:18) - Have you always had this Entrepreneurial Impatience?(50:43) - Where do you feel like you need to be patient?(54:56) - Evolving the CEO role to pure people & executive team management(59:26) - What’s a strongly held belief you’ve changed your mind on?(1:00:09) - What’s the best business you’ve ever seen?(1:03:24) - What’s next for you in manufacturing after foundries?
Released:
Nov 15, 2022
Format:
Podcast episode

Titles in the series (100)

This show seeks out conversations with business owners and private investors to learn how to acquire and run small companies, with a special focus on search funds, micro private equity, and permanent capital. Episodes released weekly. Learn more at alexbridgeman.com.