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Don’t Tell Me No - Tell Me How with Mike Payne

Author
Datanomix
Published
Wed 28 Feb 2024
Episode Link
https://share.transistor.fm/s/ae415fd5

Greg McHale sits down to talk with Mike Payne, Owner of Hill Manufacturing about his unconventional path to becoming a shop owner. Mike was actually helping the previous owner look for a buyer when he decided to make an offer himself. After 25 years in software and private equity, Mike realized that he really liked the can-do attitude and willingness to help each other that manufacturers share. This episode explores how Mike leveraged his background in private equity and data analysis to double his shop’s size in 5 years - every five years.

  • Bloodstains, sweat and tears (1:40)
  • Taking the plunge and buying a shop (11:19)
  • Why there’s a big red barn on the shop floor - and we’re talking BIG (19:29)
  • Yay, it’s Monday. Building a great culture where people want to come to work  (21:55)
  • Setting the standards everyone can operate within  (26:04)
  • The technology & tools to grow the business (35:30)
  • Don't want to be the cheapest option (41:40)
  • Doubling the business in 5 years - every 5 years (46:22)
  • This podcast pissed me off (48:59)
  • Being there for each other (54:12)

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The Datanomix Difference: What Makes It Work?

It’s not just what you see. It’s how fast you see it, how clearly it shows up, and how easily your team acts on it.

Learn more at www.datanomix.io

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