Today’s episode is Part II of our interview with industrial auctioneer Robert Levy. In Part I, I tried to get an understanding of what’s going on inside the mind of an auctioneer. In the second part of the interview, I asked Robert to give me some practical advice on how to be a successful bidder at an auction. The first tip Robert suggests for auction bidders is to talk to the auctioneer before the sale about what items they are interested in and even tell the auctioneer their spending targets. This advice first surprised me because I’ve always figured if…
Author: Noah Graff
Auctions are always on our mind at Graff-Pinkert. Since Internet bidding became ubiquitous in the last 15 years they’ve become more of a challenge for dealers like us to capitalize on. But sometimes you still can still find a hell of a deal. In today’s episode we’re going to discuss how. If you like this episode check out Part II! Today’s episode is Part I of a two part interview with Robert Levy, President of Robert Levy Associates. Robert has been an industrial auctioneer for 44 years and knows more about the auction business than anyone I’ve met. Auctions are…
I’ve had a LinkedIn profile for a long time, but I didn’t pay much attention to it until two years ago when I started using it to promote this podcast. I know it’s been helpful for me, but like all social media, the way it works is an enigma. I’m guessing that many of you out there are like me. You’re on LinkedIn and wish you could use the platform to become a thought leader or promote your business, or maybe you’re trying to find a new job. But you’re unsure how to use the platform, so you to rarely…
The concept of an ESOP to me has always seemed extraordinary yet at the same time a little hard to grasp. E-S-O-P is an acronym for Employee Stock Ownership Plan. Basically it means an employee owned company. Our guest on today’s podcast is Rich Gaffney, Vice President of Commercial Operations at Sentry Equipment, a 100-year-old manufacturing company in Wisconsin that has been employee owned since 1986. Rich and I discussed the business structure of ESOPs and most importantly the profound impact that employee ownership can have on company culture and workforce engagement. Even if you have no desire to make…
My guest on today’s show is Kris Fugate, President of Revolution Machine Works, a prominent rotary transfer machine rebuilder, specializing in Hydromats. Hydromats can seem strange and overwhelming to those unfamiliar with them. Some say they their circular shape with 12 or 16 work stations reminds them of a UFO, and the machines can crank out complex turned parts like nothing else out there. Listen on your favorite podcast app using pod.link. . View the podcast on our YouTube Channel. Follow us on Social and never miss an update! Facebook: https://www.facebook.com/swarfcast Instagram: https://www.instagram.com/swarfcast/ LinkedIn: https://www.linkedin.com/company/todays-machining-world Twitter: https://twitter.com/tmwswarfblog ************* Link to Graff-Pinkert’s Acquisitions…
Using savings to buy a 20-year-old Swiss machine that’s been sitting idle for year is a gamble. Buying one to start a machining company without any customers yet or a place to put the machine means really going ALL IN. Today’s podcast is Part II of my interview with Dulio Arellano, founder of Premier Swiss in Addison, Illinois. We’re continuing Dulio’s story, discussing how he transitioned from working in job shops to becoming one of Tornos USA’s top technicians, and then how he rolled the dice, purchasing a used Tornos DECO 10 to start his own machining company. If you…
Have you ever wondered what it takes to manufacture luxury watches that cost tens of thousands of dollars? This is the episode to find out! Last week I reconnected with Josh Shapiro to tell him about a used Willemin 408MT Graff-Pinkert had for sale. He told me that he was extremely excited for his new line of watches coming out that he has been working on for years. He is finally going to be producing the entire movement in his watches. Please have a listen to one of our most popular interviews on the show! Our guest on the…
As a machinery dealer, I hear the word “fair” thrown around a lot during negotiations with customers. I think most people don’t mean any harm when they say it. They say it because they’ve heard other people say it. They think it sounds genuine and persuasive. But it grates on me because what does it even mean when you say the word “fair?” In Webster’s dictionary, “fair” is defined as, “Marked by impartiality and honesty: free from self-interest.” Let’s be honest with ourselves, in our deal we’re both negotiating in our own self-interests, so don’t talk to me as though…
My guest on today’s show immigrated to the United States from Mexico at 18 years old, went to tech school, worked his way up in job shops, became one of the top technicians at Tornos, and then founded his own successful job shop. Dulio Arellano is the founder of Premier Swiss, a Tornos Swiss screw machine shop in Addison, Illinois. He is one of the most knowledgeable people I know about Tornos Swiss machines throughout the world, and whenever we talk he always has fascinating insight about entrepreneurship in the machining business. He’s really good at all the stuff I’m…
This week on Swarfcast, we’re sharing an interview we originally did back in 2020 with Paul Van Metre, Co-Founder of ProShop ERP. During our discussion, Paul shares a lot of valuable and timeless information that can help your shop run more efficiently. Since we did the interview, he has also started his own podcast, called Machine Shop Mastery: https://machineshopmastery.com/about/. We invite you to give it a listen! *** On today’s show we’re talking about how to set up machine tools efficiently. Our guest is Paul Van Metre, co-founder of ProShop ERP. ProShop produces a comprehensive web-based and totally paperless shop…