Passion is Not a Plan E143
Join us as we welcome Joe Cherluck to Tycoons. Joe shared a ton of knowledge on how to grow your business and what worked for him in the manufacturing industry.
One of Joe’s key takeaways was understanding that the old adage, “if you want something done right, you have to do yourself,” is not always the best advice when trying to grow your business. You cannot grow if you are working in the business; you have to hire the right people.
Joe also talked about how business owners need a balance of one-the-job training and schooling. One of his early misconceptions was thinking he had enough knowledge from working in the business, but he didn’t. It was when he went through business training that he was able to gain a wider perspective of how to effectively manage his business. Tune in to hear more about Joe’s unique journey and learn some valuable tips on how to grow your business.
Best Tool is a full service plastic product manufacturer. It starts with engineering, from product development, tool and fixture designs and automation to final product shipped from our location. Our tool build is tailored to customer specifics.
From low volume 1 to 100 parts, to 1 million and up, we tailor the tool to the needs of the customer. Injection molding capacity to a part weight of 4 pounds covers most needs of the small inventor to high volume automotive, consumer product and medical customers.
The process that sets us apart from the competition is our plastic welding abilities. We have a combined 80 years experience in plastic welding using vibration and hotplate welding techniques. With welding equipment on the floor we can service low volume to high volume needs.
No two projects are the same, but with our decades of experience in plastics, we are well equipped to take any challenge presented to us.
Joseph Cherluck is the President of Best Tool & Engineering Company, Inc. He started in the Tool & Die industry in 1977.
Joseph completed his Tool & Die apprenticeship in 1984. He started in the mold building trade in 1982. Joseph went on to complete his associates degrees in Manufacturing Engineering, Electrical Engineering and General Studies while working full time.
He started Best Tool & Engineering Company in September 1991 with the asset purchase of Best Tool & Mold Company. Steady leadership has guided the company through 3 major recessions in 1991, 2000, and 2008 and continues to guide the company forward.
Connect with Joe on LinkedIn.
About the Show
Tycoons of Small Biz spotlights the true backbone of the American economy, the true tycoons of business in America… the owners, founders and CEO’s of small businesses. Join hosts, Austin L Peterson, Landon Mance and the featured tycoons LIVE every Tuesday at 1 pm, right here on Business RadioX and your favorite podcast platform.
About Your Hosts
Austin Peterson is a Comprehensive Financial Planner and co-founder of Backbone Planning Partners in Scottsdale, AZ. Austin is a registered rep and investment advisor representative with Lincoln Financial Advisors. Prior to joining Lincoln Financial Advisors, Austin worked in a variety of roles in the financial services industry.
He began his career in financial services in the year 2000 as a personal financial advisor with Independent Capital Management in Santa Ana, CA. Austin then joined Pacific Life Insurance Company as an internal wholesaler for their variable annuity and mutual fund products. After Pacific Life, Austin formed his own financial planning company in Southern California that he built and ran for 6 years and eventually sold when he moved his family to Salt Lake City to pursue his MBA.
After he completed his MBA, Austin joined Crump Life Insurance where he filled a couple of different sales roles and eventually a management role throughout the five years he was with Crump. Most recently before joining Lincoln Financial Advisors in February 2015, Austin spent 2 years as a life insurance field wholesaler with Symetra Life Insurance Company. Austin is a Certified Financial Planner Professional and Chartered Life Underwriter. In 2021, Austin became a Certified Business Exit Consultant® (CBEC®) to help entrepreneurs plan to exit their businesses.
Austin and his wife of 23 years, Robin, have two children, AJ (21) and Ella (18) and they reside in Gilbert, Arizona. He is a graduate of California State University, Fullerton with a Bachelor of Arts in French and of Brigham Young University’s Marriott School of Management with a Master of Business Administration with an emphasis in sales and entrepreneurship.
Connect with Austin on LinkedIn, Facebook, Twitter, and Instagram.
Landon Mance is a Financial Planner and co-founder of Backbone Planning Partners out of Las Vegas, Nevada. He rebranded his practice in 2020 to focus on serving small business owners after operating as Mance Wealth Management since 2015 when Landon broke off from a major bank and started his own “shop.”
Landon comes from a family of successful entrepreneurs and has a passion and excitement for serving the business community. This passion is what brought about the growth of Backbone Planning Partners to help business owners and their families. At Backbone Planning, we believe small business owners’ personal and business goals are intertwined, so we work with our clients to design a financial plan to support all aspects of their lives.
In 2019, Landon obtained the Certified Exit Planning Advisor (CEPA) designation through the Exit Planning Institute. With this certification, Backbone Planning Partners assists business owners through an ownership transition while focusing on a positive outcome for their employees and meeting the business owner’s goals. Landon is also a member of the Business Intelligence Institute (BII) which is a collaborative group that shares tools, resources and personnel, and offers advanced level training and technical support to specifically serve business owners. In 2021, Landon became a Certified Business Exit Consultant® (CBEC®) to help entrepreneurs plan to exit their businesses by counseling owners about exit options, estimating the value of the business, preparing the business for exit and tax considerations.
Landon enjoys spending time with his beautiful wife, stepson, and new baby twins. He grew up in sunny San Diego and loves visiting his family, playing a round of golf with friends, and many other outdoor activities. Landon tries to make a difference in the lives of children in Las Vegas as a part of the leadership team for a local non-profit. He regularly visits the children that we work with to remind himself of why it’s so important to, “be the change that you wish to see in the world.”
Landon received his B.S. from California State University Long Beach in business marketing and gets the rest of his education through the school of hard knocks via his business owner clients.
Connect with Landon on LinkedIn.
Gary Braun is a Founder and co-owner of Pivotal Advisors. In his role at Pivotal, Gary is primarily responsible for business development but, he’ll gladly take on few clients in a consulting role. Gary speaks with and partners with other firms that help drive top-line growth.
Gary, helps organizations define where growth is coming from, helps them hire and/or develop the sales team, identify ideal clients and markets, and leverage true differentiators (even in commodity markets). He also implements sales processes, targets specific KPIs, increases activity, creates and applies sales compensation plans, and develops sales leadership skills.
Pivotal Advisors LLC is dedicated to creating a community of people who strive for excellence in sales and leadership. A Sales Operating System is the model for how to achieve excellence. Leadership is the First Factor of success in any sales organization. Therefore, building and developing leaders responsible for generating revenue is critical for growth.