My guest today is Paul Van Metre, co-founder of Pro CNC and ProShop ERP, a paperless ERP platform widely used in the manufacturing industry.
In this episode, Paul shares his entrepreneurial journey from building race cars in college to co-founding ProCNC and launching ProShop ERP.
What you’ll learn in this episode:
* ProCNC started as a machine shop to fund a car company.
* The importance of building systems and processes in business.
* Only a small percentage of companies successfully sell when they want to. Start early.
* Having a strong team is crucial for preparing your company for sale
* Product market fit is essential for business success.
* Transparency in marketing builds trust with customers.
* Investing in marketing is important once product market fit is established.
Chapters
00:00 Introduction and Setup
03:58 Paul's Journey into Manufacturing
12:04 Growth and Challenges of ProCNC
21:50 Sales and Marketing Strategies in Manufacturing
30:00 Acquisition Insights and Lessons Learned
30:00 Transitioning Ownership
34:58 Building ProShop ERP
46:04 Marketing and Product Market Fit
51:58 Advice for Manufacturing Entrepreneurs
