Antarctica
Hot Rolled
- Joined
- Jan 16, 2007
- Location
- Annapolis, Maryland
Great thread - enjoyed it. thanks for posting.
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Mrplasma, thank you for sharing your story with us.
If I may ask a question... As your business grew from your home into a 30,000 sqft space with 66 employees - how did you manage the "unknowns"?
The old saying; "you don't know what you don't know" may help to summarize my question.
Similar to your situation in the beginning, I have been building a business over the last 3 years while working full time for a government contractor. I pay cash for all of my machines and equipment to stay out of debt.
I am fairly proficient in product design and manufacturing. If I run into an unknown here, I usually know where to look; who to ask; or what rabbit hole I must jump down in order to find answers.
On the other hand, the many aspects of establishing, managing and growing an efficient business often lead to a sea of unknowns such as; employees, insurance, accounting, banking, entity types, contracts, sales, shipping and website development to name a few.
How can you be sure that all variables have been accounted for properly without drawing to much of your time away from manufacturing?
I apologize for the long winded explanation.
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