By makingchips
Curious about leadership and growth in manufacturing? In this episode of Making Sparks, Casey Voelker and Matthew Nix sit down with Jim Stratman to discuss leadership strategies, culture, and business development in the plastics industry. Jim shares his 32-year journey building his company, from starting with a $5,000 credit card to achieving a private equity exit and remaining a leader in his industry.
They explore topics like creating value, preparing for a business sale, and the importance of a strong culture to keep employees engaged. Jim also discusses managing growth, strategic acquisitions, and maintaining a sense of family in a growing company. If you’re interested in leadership, business strategy, and scaling a successful manufacturing business, tune in!
Breakdown of the Episode: [0:00] Introduction to Episode [2:00] Jim’s early business journey [6:00] Growing a company with private equity [10:00] Culture and leadership [15:00] Preparing for business growth [20:00] Advice for business leaders
Resources Mentioned: Paperless Parts ProFab Alliance