Leaving Wall Street to Buy a $1m Manufacturing Business

The upside of the market in the manufacturing. It's very labor intensive, it's capital intensive. But. And the job shop is what makes this business kind of interesting.

It's a job shop. It's is. Is something that is low volume but high customization production. So it differs from other manufacturing process like flow based, continuous based. When you make a product, it doesn't follow the same flowchart as the last product and there's very low volume of it.

So most of the job shops and machine shops within them have. They do a lot of products. They outsource people send them ideas and they'll.

They'll do it on a. On a. On a, you know, just on one customer basis. Well, we actually had a product. The interesting about the product was it's called a work rest blade.

Workrest work rust blade.

A work rest blade for center work rest blade for centerless grinding.

Okay.

Okay. Thus the widget. I don't know how much time we want to spend on this, but it can get. Can go deep. But one of the great things about this product was there was as I. It was. It was effectively a make to order.

Now that's great. From pricing, from the. The. We had a product and it was effectively make to order. And the product that we had had so many varieties of it or variations of it based upon the dimensions that the customer needed that there were thousands of SKUs.

I mean everyone was basically different. And so we would have to make it to order. And that is a manufacturing complexity, an operational complexity.

But also it also gave us some pricing power and it gave us some. It made the product very desirable because in my mind, because there's nothing that you can send overseas. So. And it was. There wasn't a lot of competition in this.