Growing a Manufacturing Company: Insights from Area419 Founder Jon Addis!

Business insights from Jon Addis, founder of Area 419. We've seen Area 419 grow from an over-sized pole barn with a handful of employees to where they are now. Jon shares key components that helped take his business to the next level. With a focus on letting go of control, putting together a great team, and making proactive decisions about machines and staff, his experience is worth his weight in gold and a reminder that our beliefs about how businesses become successful are often wrong!
00:00 Intro - Following the story of Area 419
00:44 Business Plan, Proving Out Products, and Outsourcing Production
03:48 "Your Website is Trash" - Marketing and Brand Awareness via Social Media
05:30 Accounting & Taxes - A Disaster (at first)
06:00 Product Demand Drives Full Time Business
08:05 The Amazon World We Live In: Out of Stock Is NOT An Option.
09:14 Giving Up Control: Crucial Part In Business Growth
11:37 When to Hire Employees + Reactionary vs. Proactive Decisions
13:15 How Risk Appetite Can Help or Harm Your Business
14:27 Entrepreneurs: Is Experience Necessary?
17:09 Local Banking Relationships & Taking Advantage of SBA Loans
21:50 Valuing & Trusting Employees
25:36 Outro & Final Thoughts
5 Reasons to Use a Fixture Plate on Your CNC Machine: bit.ly/3sNA4uH
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Links for this video
Website: www.area419.com/
IG: @area419official
Livestream CNC Machining! Grob Milling the ZERO Reloading Press
/ area419
Recent Tour of Area 419: bit.ly/3uJX2Tw
First Tour of Area 419: bit.ly/3nRy4yM
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Reach us / CNC Info:
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CNC Resources: www.nyccnc.com