57. Buying 4 Machine Shops in 2 Years with Mike Fritz from Quick Tek Machining Part 1

57. Buying 4 Machine Shops in 2 Years with Mike Fritz from Quick Tek Machining Part 1

Author: Paul Van Metre July 3, 2024 Duration: 1:09:17

57. Buying 4 Machine Shops in 2 Years with Mike Fritz from Quick Tek Machining

Before Mike Fritz bought Quick Tek in 2022, he had been a speaker and consultant on building high-performing teams. He's taken that skill set and decided to go all-in with the precision machining industry. After buying Quick Tek, he has quickly bought 3 more additional shops in the next 2 years. His approach is a model for how an outsider to the industry can have huge success, even without being an expert machinist. Mike is completely transparent about how he's approached this and why he's so passionate about supporting and building manufacturing companies.  This is a can't-miss episode, and it only part 1.  Join us soon for part 2 as well!

About Quick Tek Machining:
QTM is a fast growing machine shop that serves many different industries including robotics, automotive, boating, motorcycles and more.

Follow Mike and Quick Tek Machining on Social Media:
Personal LI: /mikefritzrealestate
Company LI: /quick-tek-machining


Paul Van Metre hosts Machine Shop Mastery, a conversation grounded in the real-world challenges and triumphs of running a precision manufacturing business. This isn't about abstract theory; it's a deep dive into the shop floor, focusing on the practical strategies that turn a technical skill into a sustainable and growing enterprise. Each episode pulls back the curtain on the operational, financial, and personal leadership aspects that define a successful shop, moving beyond the blueprints to talk about building a resilient business. You'll hear candid discussions about navigating client relationships, managing cash flow, investing in the right equipment, and developing a team that can execute complex work. The podcast aims to underscore the critical role these businesses play as community anchors and economic engines, often overlooked in broader industry talks. For current shop owners, the insights offer a path to refine their operations and boost profitability. For aspiring entrepreneurs with a passion for machining, these conversations provide a clear-eyed look at what it truly takes to launch and scale. Tune in for straightforward advice and stories that connect the craft of machining with the art of building a lasting legacy.
Author: Language: en-us Episodes: 100

Machine Shop Mastery
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