Episode 44: Why the Race to the Bottom Hurts Everyone
Reshoring is growing and it’s an amazing thing, but there some hurdles that come with it. It’s important you’re aware of them.
Companies have become accustom to prices that are SIGNIFICANTLY lower than what you should even consider accepting for a job. If you’re a $100 dollar an hour shop, accepting a $40 an hour job will do a lot of harm. Even beyond just the immediate impact of lowering your bottom line.
Ian discusses some practical ways to protect your bottom line and avoid the race to the bottom, along with breaking down HOW and WHY that hurts everyone.
VERY IMPRESSED WITH THIS VIDEO. I AM BUYING MANUAL MACHINES TO DEVELOP SOME INVENTIONS AND IF I NEED MORE UNITS I WILL HIRE A CNC SHOP AND CONTINUE TO DEVELOP PRODUCTS. THIS IS ALL PLANNED PEOPLE WHO GAVE CHINA MOST FAVORED TRADE NATIONS STATUS???? CLINTON BACK IN THE EARLY NINETIES NOW SOMEWHERE IN THEIR CONTRACT WITH THIS PEOPLE OF THIS COUNTRY IT STATES THAT YOU CANNOT GIVE AID AND COMFORT TO THE ENEMY…..CHINA IS A COMMUNIST COUNTRY NEED I SAY MORE??? .