What a great bunch of know-how Ed Marsh, founder of Ed Marsh Consulting, brings us in this episode! He discusses the importance of revenue growth in manufacturing and emphasizes the need for a systematic approach similar to manufacturing's continuous improvement, focusing on integrated steps and prioritizing efficiency. Ed highlights the disparity between advanced manufacturing processes and outdated marketing and sales strategies. He stresses the importance of board directors understanding modern revenue growth methods and the role of AI and digital tools in enhancing sales processes. He also tackles the challenges of balancing private equity expectations with long-term business sustainability and the necessity for companies to adapt to changing customer. In this short clip, Ed talks about the need to flex to fulfill your customers' needs by beating the commoditized sales process - and that means hiring top-level human sales talent. See the whole show here: https://youtu.be/GnVvj53QRbQ

What a great bunch of know-how Ed Marsh, founder of Ed Marsh Consulting, brings us in this episode! He discusses the importance of revenue growth in manufacturing and emphasizes the need for a systematic approach similar to manufacturing's continuous improvement, focusing on integrated steps and prioritizing efficiency. Ed highlights the disparity between advanced manufacturing processes and outdated marketing and sales strategies. He stresses the importance of board directors understanding modern revenue growth methods and the role of AI and digital tools in enhancing sales processes. He also tackles the challenges of balancing private equity expectations with long-term business sustainability and the necessity for companies to adapt to changing customer. In this short clip, Ed talks about the true fundamentals of selling. See the whole show here: https://youtu.be/GnVvj53QRbQ

What a great bunch of know-how Ed Marsh, founder of Ed Marsh Consulting, brings us in this episode! He discusses the importance of revenue growth in manufacturing and emphasizes the need for a systematic approach similar to manufacturing's continuous improvement, focusing on integrated steps and prioritizing efficiency. Ed highlights the disparity between advanced manufacturing processes and outdated marketing and sales strategies. He stresses the importance of board directors understanding modern revenue growth methods and the role of AI and digital tools in enhancing sales processes. He also tackles the challenges of balancing private equity expectations with long-term business sustainability and the necessity for companies to adapt to changing customer. Here are the details: 04:00 - Revenue Growth and Marketing Challenges 08:15 - Continuous Improvement in Revenue Growth 14:45 - The Role of Executives and Boards 21:45 - Private Equity and Family Businesses 27:30 - Changing Mindset from Internal to Customer Focus There's a whole lot more, too! Check out the whole thing.

What a treat it was to have Patrick Anderson, founder of Anderson Economic Group, join us to discuss the economic impact of electric vehicle (EV) costs and tariffs on the automotive industry! Patrick always brings fresh, informed insights backed with oodles of research. Here Patrick finishes our discussion with an inspiring short message. See the full episode here: https://youtu.be/EBet-ldBhgA

What a treat it was to have Patrick Anderson, founder of Anderson Economic Group, join us to discuss the economic impact of electric vehicle (EV) costs and tariffs on the automotive industry! Patrick always brings fresh, informed insights backed with oodles of research. Here Patrick discusses the move by GM to re-invest about $5 billion into ICE engine production, including $2 billion for the Orion plant right near him. See the full episode here: https://youtu.be/EBet-ldBhgA

What a treat it was to have Patrick Anderson, founder of Anderson Economic Group, join us to discuss the economic impact of electric vehicle (EV) costs and tariffs on the automotive industry! Patrick always brings fresh, informed insights backed with oodles of research. Here Patrick talks about what the chaos of tariffs and trade war threats have meant for car prices overall and used car prices particularly. If you're in the market, this is need-to-know stuff from one of the most brilliant analysts in the industry! See the full episode here: https://youtu.be/EBet-ldBhgA

What a treat it was to have Patrick Anderson, founder of Anderson Economic Group, join us to discuss the economic impact of electric vehicle (EV) costs and tariffs on the automotive industry! Patrick always brings fresh, informed insights backed with oodles of research. Here Patrick talks about the quality problems Ford has been struggling with for a while now, with far too many recalls in a tough market. As he points out, that's how the US auto industry landed in bankruptcy not too many years ago. See the full episode here: https://youtu.be/EBet-ldBhgA

What a treat it was to have Patrick Anderson, founder of Anderson Economic Group, join us to discuss the economic impact of electric vehicle (EV) costs and tariffs on the automotive industry! Patrick always brings fresh, informed insights backed with oodles of research. Here Patrick talks about the inconvenient truth that EVs have not taken off as predicted, to the extent that GM is re-opening a mothballed engine factory in his backyard. See the full episode here: https://youtu.be/EBet-ldBhgA

What a treat it was to have Patrick Anderson, founder of Anderson Economic Group, join us to discuss the economic impact of electric vehicle (EV) costs and tariffs on the automotive industry! Patrick always brings fresh, informed insights backed with oodles of research. See the full episode here: https://youtu.be/EBet-ldBhgA

What a treat it was to have Patrick Anderson, founder of Anderson Economic Group, join us to discuss the economic impact of electric vehicle (EV) costs and tariffs on the automotive industry! Patrick always brings fresh, informed insights backed with oodles of research. Patrick highlighted that EVs are more expensive than traditional vehicles, with real-world costs often exceeding initial projections. Anderson also noted the significant tariff costs on American-made cars, ranging from $2,000 to $8,000 per vehicle, which are affecting sales and job markets. He emphasized the importance of realistic market analysis and the potential for policy changes to impact EV subsidies. Additionally, he shared insights on the resurgence of internal combustion engine vehicles and the need for quality improvement in the industry. Here are the highlights: 01:15 - Anderson Economic Group Overview 04:30 - Tariffs and Their Impact on the Auto Industry 06:30 - Used Cars and Tariff Uncertainty 15:00 - Cars Cost Cognitive Dissonance 24:30 - The General Motors Response to Market Realities - the EV transition that wasn't 32:30 - Chart: the Tariff Impact on Car Prices 38:15 - Final Thoughts and Music Recommendations What a rich discussion this one was! Tune in for the whole thing - you'll be glad you did. Links: Patrick shared his music choices, starting with Led Zeppelin tribute band Zepparella. Here they are live doing "The Rain Song" and "Going to California:" https://www.youtube.com/watch?v=9smvLgcTCfI He also recommended the Neil Anderson Jazz Quintet's "M-199:" https://www.youtube.com/watch?v=T0v2hUipyv8 Here's Patrick's company's site: https://www.andersoneconomicgroup.com/ Here's the GM press release about its new investment in ICE vehicles: https://investor.gm.com/news-releases/news-release-details/gm-invest-4-billion-its-us-manufacturing-plants

See the whole episode with business strategy guru Peter McDonald's deep dive into the ups and downs of the CPG world here: https://youtu.be/6pUchHUlKrc Read my Substack article about the particular brilliant point Peter made during this clip here: https://manufacturingtalks.substack.com/p/should-you-outsource-manufacturing

See the whole episode with business strategy guru Peter McDonald's deep dive into the ups and downs of the CPG world here: https://youtu.be/6pUchHUlKrc

See the whole episode with business strategy guru Peter McDonald's deep dive into the ups and downs of the CPG world here: https://youtu.be/6pUchHUlKrc

See the whole episode with business strategy guru Peter McDonald's deep dive into the ups and downs of the CPG world here: https://youtu.be/6pUchHUlKrc

See the whole episode with business strategy guru Peter McDonald's deep dive into the ups and downs of the CPG world here: https://youtu.be/6pUchHUlKrc

Consumer packaged goods (CPG) companies as a whole have not been doing well lately. They're the ones that make your foods and beverages as well as other daily use items like toiletries and cleaning supplies. But there are winners and losers in the mix. Peter McDonald, founding partner at McDonald's Strategy Partners, joined us to do a deep dive on which CPGs are doing well and which are struggling, and the reasons for all that. Peter discusses the current state of the CPG industry and highlights the struggles of legacy companies due to decelerated population growth, reduced household income, and the rise of private label brands. He praises companies like Coca-Cola, Unilever, and Nestle for their growth strategies, emphasizing their global exposure and innovation. He notes the success of emerging brands like Chobani and Fairlife, attributing it to their focus on consumer needs and innovation. Peter also discusses the importance of value addition in manufacturing and the strategic decisions behind outsourcing. It's a whole lot of good stuff. Check out the whole thing, and do leave your own ideas and questions in the comments section!

See the whole show here: https://youtu.be/ezkU1qAxCmE

See the whole show here: https://youtu.be/ezkU1qAxCmE

See the whole show here: https://youtu.be/ezkU1qAxCmE

See the whole show here: https://youtu.be/ezkU1qAxCmE

See the whole show here: https://youtu.be/ezkU1qAxCmE

See the whole show here: https://youtu.be/ezkU1qAxCmE

The inimitable Mike Rowe joined us to talk about his passion for promoting skilled trades, highlighting the significant increase in open positions from 2.3 million in 2009 to 7.6 million today. We chatted about his new partnership with PureTalk, a wireless company, to support veterans transitioning into trades. All that and a whole lot more! Mike Rowe's Passion for Promoting Trades Rowe discusses the increase in open positions in skilled trades from 2.3 million in 2009 to 7.6 million today, emphasizing the need for jobs that don't require a four-year degree. He shares the establishment of his foundation in 2008, which has awarded $12 million in work ethic scholarships to promote trades. Challenges and Opportunities in Skilled Trades Rowe talks about his meetings with governors and Cabinet members to address the skills gap and the need for reinvigorating manufacturing. Jim Vinoski shares his own experience in manufacturing and the need to promote trades, comparing it to the decline in manufacturing jobs over three generations. Rowe mentions his offer to President Obama in 2009 to help with the highway infrastructure act and the challenges of attracting a generation not interested in manual labor. He discusses the double whammy of demographic pressure and societal expectations, exacerbated by the removal of shop class from high schools. New Partnership with PureTalk Rowe explains how the partnership started with PureTalk advertising on his podcast and their shared values in supporting American-made products. He describes his visit to PureTalk's campus in Georgia and their commitment to customer service done in the U.S. Rowe highlights PureTalk's support for America's Warrior Partnership and their introduction to Medal of Honor recipient Clint Romesha. Veterans and Skilled Trades Rowe emphasizes the suitability of veterans for skilled trades due to their soft skills and teachability. He discusses the need for a reverse boot camp to help veterans transition back into civilian life. Authenticity and Marketing in Skilled Trades Rowe and Vinoski discuss the importance of authenticity in marketing and advertising, particularly in promoting skilled trades. Rowe shares his approach of using satisfied customers and happy employees in his campaigns, rather than traditional storyboards and focus groups. Personal Anecdotes and Respect for Trades Jim Vinoski shares his admiration for Mike Rowe's career journey, including his Eagle Scout status, opera singing, and QVC days. Rowe humorously recounts his experiences, including wrestling Oscar the Grouch on Sesame Street and his multiple firings from QVC. They discuss the respect Rowe has earned from tradespeople and veterans, highlighting the importance of promoting the value of skilled jobs. Rowe emphasizes the need for societal buy-in to reinvigorate trades, not just for Gen Z but also for their parents. The Importance of Local Manufacturing Rowe and Vinoski discuss the significance of local manufacturing and the pride in American-made products. Rowe shares examples of companies like American Giant and Montana Knife Company, which emphasize the quality and story behind their products. They discuss the challenges of promoting jobs that are often dismissed as unworthy, highlighting the importance of showcasing the entire supply chain. Rucking and Veteran Support Jim Vinoski and Mike Rowe discuss their experiences with rucking, a form of hiking with a heavy backpack, as a way to understand the physical demands of military service. They discuss the importance of supporting veterans through programs like the Black Horse Forge, which has helped over 22,000 veterans without any suicides. Final Thoughts and Future Plans Jim Vinoski acknowledges Gail Robertson's work and invites her to ask any questions for Mike Rowe. Gail Robertson shares her background in media and marketing, and her interest in Joe Rogan and Theo Von's shows. Rowe discusses the importance of reaching audiences through platforms like podcasts and the need for authenticity in marketing. He mentions his new show "People You Should Know" on YouTube, which highlights inspiring individuals and their impact on their communities. Rowe encourages listeners to apply for his work ethic scholarships and highlights the ongoing efforts of his foundation. Links: mikeroweWORKS Foundation: https://mikeroweworks.org/ PureTalk: https://www.puretalk.com/ Staff Sergeant Clint Romesha's story: https://www.army.mil/medalofhonor/romesha/ Book - Men Without Work: https://www.goodreads.com/book/show/29633355-men-without-work Book - The Comfort Crisis: https://www.goodreads.com/book/show/55120630-the-comfort-crisis?from_search=true&from_srp=true&qid=FPJq2xRGsk&rank=1 American Giant clothing: https://www.american-giant.com/ Montana Knife Company: https://www.montanaknifecompany.com/

"Manufacturing jobs aren't coming back to America, because rich nations are always service economies." Wrong on all counts! Our esteemed host explains why this oft-repeated statement is flat-out false, and what has really led to the decline of much of American industry. We're already reshoring, and we can cement that trend and accelerate the recovery of American industry by fixing those root causes: - Overregulation - Dumb financial decisions - Destroying our electric generation infrastructure Tune in for the whole thing. It won't take you long, and it will be well worth your time. Links to my relevant Substack articles: Once Again, the "Rule" that Wealthy Economies Deindustrialize is Inane https://manufacturingtalks.substack.com/p/once-again-the-rule-that-wealthy Major Media Narrative of the Day: "Manufacturing Jobs Aren't Coming Back." Don't Believe It For a Second! https://manufacturingtalks.substack.com/p/major-media-narrative-of-the-day "Wealthy Nations Become Service Economies" is Just Plain Dumb https://manufacturingtalks.substack.com/p/wealthy-nations-become-service-economies America's Bike Makers And the Dell Computer Model: Pending Disaster or a Sound Business Strategy? https://manufacturingtalks.substack.com/p/americas-bike-makers-and-the-dell