BLTnT Podcast

Episode 07

With Bruce Smith & Tom SWartz
July 8th, 2024

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Bruce Smith, Chief Executive Officer at Detroit Manufacturing Systems (DMS), and Tom Swartz, Chief Technology Officer at DMS, join Matt Loria for a conversation full of calculated risk, leveraging technology, and a passion for creating an amazing company culture! 

The three discuss Bruce’s journey from buying out his partner to owning the company, and Tom’s shift from engineering to CTO. They also share how they are embracing artificial intelligence, innovating beyond automotive, and the importance of maintaining a dynamic company culture. Both Bruce and Tom share personal stories that shed light on their backgrounds and how their experiences have shaped their leadership styles and approaches to business challenges. 

Episode highlights: 

  • Bruce’s own version of “Money Ball”  
  • Tom’s time at Massachusetts Institute of Technology (MIT) 
  • Position yourself “under the apple tree” 
  • Covid affecting the supply chain and how DMS pivoted  
  • The top 10 leadership lesson from Ted Lasso 

 

You’re going to love the relaxed yet rich conversation about navigating change and leading with vision in the fast-paced world of manufacturing. Tune in for some great stories and leadership insights! 

Let’s dig in!! 

 

(0:00) Welcome to the BLTNT podcast. I’m your host, Matt Loria, serving up real stories of business, (0:05) life, technology, and transformations. You’ll hear from interesting people about big changes (0:09) from career shifts to life-altering decisions and the innovations that help make it all happen. 

(0:14) It’s about sharing those light bulb moments, pivot points, challenges overcome, and the journeys (0:19) that inspire us to think differently. If you’re on the lookout for insights to propel you forward, (0:23) stories that resonate, or just a bit of inspiration on your next BLTNT move, (0:27) you’re in the right place. Let’s dig in. 

All right, welcome to another episode of the (0:43) BLTNT podcast, where we’re bringing you business, life, technology, and transformation stories from (0:48) interesting people that I get to meet in my journeys. And I’m sitting here with Bruce Smith, (0:52) the CEO of Detroit Manufacturing Systems, and Tom Schwartz, the Chief Technology Officer. (0:59) Hey, guys. 

Hi. Good morning. Thanks for having us. 

(1:02) Tom, you want to do your intro song? The other day, I was chilling in Kentucky, (1:08) fried chicken, just minding my business, eating food and finger licking. We’ll stop. (1:14) That’s perfect. 

So just to set the tone for today, that’s where we’re starting. Bruce actually is (1:21) representing my alma mater today, rocking the De La Salle golf shirt. So thank you, Bruce. 

(1:27) Well, thank you. It was a gift. As soon as I walked in, he got off on a good foot. 

(1:31) You get to take it home, too. All right. Oh, you don’t want it back? (1:34) That’s fine. 

I can take it back. I think you’re disease and drug free, right? (1:39) I am. But since you offered, I’ll keep it. 

Okay. Yeah, no problem. No problem. 

So guys, (1:47) can you tell me a little bit about Detroit Manufacturing Systems so we can share that (1:51) with the folks who maybe don’t know too much about you guys? Sure. Detroit Manufacturing Systems (1:58) started in 2012. It was a joint venture between Andra Rush and Forcia at the time, (2:05) now they go by the name of Forvia. 

And it was principally to do instrument panel and micro (2:12) pits, which is a scaled down version of a full instrument panel assembly. And it expanded over (2:18) the years into being backward, vertically integrated into injection molding with press (2:24) sizes to go up to 2,500 tons. And then the product line expanded into center consoles. 

(2:31) And now we’ve started to get into some non-automotive products as well. I purchased (2:37) Andra’s shares in 2018. And then last year in 2023, I bought out my partner Forvia. 

And so (2:46) as of today, I’m 100% owner of predominantly a tier one automotive assembly company. (2:52) Congratulations on that purchase. Well, thank you. 

Thank you. Thank you. And Tom, (2:58) you’re more recent to the organization, correct? Yeah, I’ve been in the auto industry for about (3:03) 27 years, but I joined DMS about three and a half years ago as a director of engineering, (3:10) did that for about three years. 

And then we decided there was a need for a chief technology (3:16) officer about seven months ago or so. Bruce and I had been talking about it for about nine months, (3:21) and we created this role and been in this role since. Great. 

Great. We had a little conversation (3:27) kind of about the chief technology officer role versus the chief information officer role and (3:31) why that was so important to you guys. You want to elaborate on that a little bit? (3:35) Yeah, I think with the CIO role, you know, we did have a little bit of dialogue with it. 

And (3:41) see, the IT does still roll up through me. But the emphasis is more on the product development (3:48) and innovation. And we really wanted to, you know, make it more of a technology versus (3:55) IT. 

We’ve been working with IT and doing a lot of internet of things and that for years. (4:03) But in our transformation, we’re looking to go into more AI, data driven company, (4:09) etc. So we went with the role of the CTO. 

And here we are. Great. Yeah, we see that a lot. 

And (4:16) we work a lot with mid market organizations similar to yours. And it seems as though,(4:23) if you’re not, if you’re not drafting towards AI and data, as your main core internal technology (4:32) department, you’re really going to lag behind, right. And so we’re seeing a lot of forward (4:36) thinking companies like yours, you know, they’re doing more of that outsourcing of the infrastructure (4:40) and the security. 

And they’re bringing more of that data driven piece in house, because you’re (4:45) the only guy who’s going to know the most about what drives your company and where opportunities (4:50) are to really drive value there. Yeah, we we’ve started doing in fact, using Oxium to help us (4:57) with cybersecurity. And we know that there’s a lot of companies out there that can help out in those (5:02) that arena. 

But as far as innovation and AI and the creations of where we can utilize AI is, (5:09) was where we want to focus more. And then he likes to call micing everything up for us. So (5:16) some might say internet of things, but as far as putting, putting any sort of sensors (5:23) on equipment, so we can see what’s happening on a, you know, any second of the day, both internal (5:29) and external. 

So we, and then we’ve been we’ve done a pretty good job of doing that thus far, (5:35) but we’ve got further to go. And then more specifically, we’ve got a lot of that data. (5:40) And now we want to start doing analysis of it, we just created a new role, a senior manager of (5:47) data, data analytics, that’s now reporting up through me. 

And to do just that to focus on how (5:53) what we’re seeing out of our data and adjusting accordingly. So, and Bruce, we call that money (5:59) ball for business, right? Okay, we’ve seen the movie Moneyball know about, you know, (6:04) saber metrics and what it did for baseball, what analytics have done for sports in general, (6:09) similar concepts, we try to simplify it so people can grasp, oh, I get what you’re trying to do. (6:14) And so it’s in a similar vein there. 

I’d like to borrow that micing everything up (6:19) term from me. I love it. Because everything, anything that has a production or data component (6:25) to it can be analyzed and can be aggregated and brought into those systems to better understand (6:31) what the heck is going on. 

And you can make real time decisions. Yeah, absolutely. (6:39) Might have been this one here. 

(6:45) Got it? Yeah. (6:48) We’ll just clip that we’ll just clip that little part. (6:50) All right. 

So, so Bruce, kind of a unique thought, I guess, is coming from from you, (7:00) a unique perspective that I’m seeing that you’ve you’ve kind of brought to the table here is to (7:04) take somebody out of engineering, to move them into that. So really, somebody who understands(7:08) your business, probably on a really nuts and bolts level all the way up to the 50,000 foot(7:14) foot level. So can you talk about why you chose somebody internally to do that versus, you know, (7:20) maybe doing a search externally and, and finding that chief technology officer? (7:24) Yeah, there are there are a couple of reasons that were compelling for me. 

(7:28) One is always coined the phrase, it’s pretty easy for me to find people to do (7:33) what we want to do. But it’s harder for me to find people who can do that and believe in what (7:39) we believe in. And so we think our culture is pretty special, both aspirationally and, you know, (7:46) in reality, what we’re doing and how we treat one another and how we think that gets the best (7:50) for the organization and for everybody. 

And so having someone internally, who understands, (7:56) appreciates, reinforces and models our culture was important. And Tom’s been outstanding in that (8:02) regard, since he’s arrived at DMS. Secondly, is to your point of he knows our business. 

And so (8:11) I was willing to make the bet that I’d rather have someone who knows our business and can learn (8:16) these other things because they really are in their embryonic stage. And so along those lines, (8:22) Tom took a course at MIT. How many weeks was that course? (8:25) About eight weeks. 

(8:25) About eight weeks. And so he said, look, you understand the business, go out and find some (8:30) coursework where you have an opportunity to learn everything that’s happening with machine learning, (8:35) artificial intelligence, et cetera, et cetera, and put ourselves in a position so that we’ll (8:40) continue to be a learning organization and we’ll figure it out as we go. And then thirdly, (8:45) it was his enthusiasm around the role. 

You know, Tom said in his opening statements that we decided (8:51) we needed a CTO role. That’s mostly true. He decided we needed a CTO role, outlined it and (8:59) said, and by the way, I think I’d be really good at it. 

And when you have someone who has the (9:03) confidence to raise their hand and say, I think this organization is missing this role. I think (9:09) I can do it well. And here are the reasons why. 

And they were all credible reasons. I went, why? (9:15) I’d be crazy to bet on somebody else. Let’s place a safe bet and let’s roll with Tom. 

(9:21) That’s great. What do they say? Gets it, wants it, and has the capability to do it. (9:27) DWC. 

(9:27) There you are. And I think I quoted almost every episode as Patrick Lencioni’s ideal team player. (9:34) He’s humble, hungry, and smart. 

And so I’m assuming that he checks those boxes. (9:38) Yes, yes, and yes. (9:40) And confident enough to bust out a rap anywhere. 

(9:45) That’s right. Back to you, Tom. (9:48) So at MIT during the rap course, what other beast did you pick up? (9:55) Yeah, so maybe a little biggie. 

(9:59) No, it was focused on business and artificial intelligence and where we can utilize it. And(10:06) you had one of the two options. You could create a business if maybe you were right out of college (10:10) or continue your education with it. 

And you didn’t have a business you’re working for. But (10:14) of course, within DMS, I focused on that and where we can use AI and throughout different (10:22) aspects in different departments. And so that was the main focus on it. 

(10:25) Okay, great. Great. Tom, you said 27 years in the automotive business. 

Where were you before (10:36) DMS? What were you doing? (10:38) I started my career, I went for electrical engineering, focused in on digital and PLCs. (10:44) Thought I was going to go into controls right away. Almost took a job with a company at the (10:48) time called AOK. 

I’m not sure if they’re even still around with us. But then ABB company out (10:55) of Auburn Hills, one of their divisions is robotics, offered me a position. And I hadn’t done (11:00) robotics in university. 

So I wanted to get into it. So I took a job with ABB, worked for them for (11:09) about three years. And I was under the GM blanket for about two and a half years. 

They had the GMT (11:14) 800 program, which is their truck in Fort Wayne, Janesville, Arlington, Texas, Oshawa, etc. (11:22) One of their biggest platforms. So they’re launching, I think there was a close to 2000 (11:27) different ABB, just robots in their body shop. 

And I would go to their facilities and program (11:33) the robots for them. Enjoyed it tremendously, but did want to get back into controls. Ford (11:42) Utica. 

I went there. I was a controls engineer for a couple of years. I ended up becoming a (11:48) manager after a couple of years and was with, they spun off to Visteon and was with them for(11:54) about six years. 

And then Ford created an LLC called ACH. And they asked for me to come to (12:02) corporate office with them. And they had 18 facilities that were Visteon that they took back (12:07) and wanted to make sure that they were successful one way or another. 

And they, we had the 18 plants (12:13) we were either closing or selling. And PMS came out of that ACH group. The plant in Saline. 

Yes. (12:21) Okay. Was spun off to Forvia. 

As part of that arrangement, Forvia agreed to do the joint (12:25) venture with Andra Rush. And who is Andra Rush? Andra Rush is an entrepreneur who first got (12:32) started in the trucking industry. You may have seen the Rush Trucking Company. 

Oh, yeah. Years ago. (12:37) And then she had, still has Dakota, which is an assembler. 

I think that joint venture may be with (12:43) Magna. I’m not sure who her partner is. And then she had DMS. 

Okay. She sold DMS and has since (12:50) either sold or closed Rush Trucking. But Andra’s a Detroit legend in terms of being an (12:57) entrepreneur. 

She’s done really well. Oh, great. And how did you connect with her? Because she started (13:04) this with, in that joint venture in 2012, but then you bought it out, you bought her position (13:09) out in 2018. 

Where did you come to meet her, come to be a part of the whole mix? When she approached(13:15) her partner and Ford about selling her interest, they started looking for a replacement. And the (13:21) people at Ford that she knew, knew me. I didn’t know Andra directly. 

I knew about her, but I (13:26) didn’t know her. And then at Forvia, their president of North America Interiors is someone I had worked (13:33) with in the past as well, or knew. I hadn’t worked with him. 

I’ve known him for years. When the three (13:38) of them got together, two folks from Ford and him, my name popped up and they said, yeah, let’s, (13:44) let’s give him a call and see if he’s interested. The rest is history. 

Great. So, so where were you (13:48) then? Let’s back up a little bit. Where were you before? Where were you in the, before the whole (13:54) DMS? And when they contacted me in 2017, I was two years into my first entrepreneurial venture. 

(14:01) I was the majority owner of a BTM company up in Marysville. Okay. What did BTM do?(14:07) A sheet metal fabricator that built production equipment to help fabricate sheet metal. 

(14:13) And their claim to fame is their clenching tools, dyes and tools that will help metal (14:19) form against itself so that it clenches and in essence replaces a rivet. Okay. Like a, (14:26) just like a crimp might do on a wire or something like that. 

Very similar to a crimp. Okay. Interesting. 

(14:31) Interesting. And so then, um, that’s how you got to know these folks. And then, uh, 2017,(14:36) they called you up. 

What, what happened with BTM? Did you sell that? Yeah, I sold my interest in (14:40) BTM to my partner. I started that with a, uh, a guy that I went to business school with. And so (14:45) when I left there, I sold my shares to him and over to DMS, I came. 

The rest is history. Yeah. (14:52) Where did you go to business school? Uh, Harvard business school, Boston. 

(14:55) Little place called Harvard. So down the street from MIT. So he got really close. 

(15:01) I can always try. I went to Oakland university. So, so, so not, uh, not too far down the road. 

(15:10) Um, so, um, you know, obviously just, just watching you guys, I’ve not, I’ve actually (15:16) not met Tom in person. I’ve had the opportunity to meet you in person, just watching your (15:22) obviously you guys get along obviously very natural. Um, I know, um, Scott says like, (15:28) who’s your former CFO and now what is his role? He’s our chief commercial officer. 

So he has all (15:32) sales and strategy and our purchasing teams. Okay. So I’ve gotten to see you really take this, (15:38) uh, this promote with from within and move from within and do kind of some, sometimes maybe what (15:42) seems unorthodox to others of, Hey, how do you take a CFO and put them into a sales role? Right. 

(15:48) Or how do you take an engineer and put them into a CTO role? There’s obviously something (15:52) unique going on in the culture over there. Ever. I mean, Scott talks about it all the time. 

(15:57) Sometimes we have to, we have to, we’ve heard enough. We know it’s awesome over there.(16:03) Right. 

Right. So, so let’s, let’s talk about that because, um, obviously there’s something (16:09) special going on. You’re, you’re not just, uh, you’re not just believing your own hype. 

(16:13) There’s something special going on there. So let’s, let’s talk about it. (16:16) Or we’re a cult and we’re all drunk on our own wine. 

That’s fine too. That’s fine too. (16:21) You’ve got 1500 people who have joined, so you’re doing pretty well as a cult. 

I think. (16:25) Yeah, no doubt. Uh, well, yeah, I think we are a little bit, uh, unorthodox. 

Um, but it’s sad to (16:33) even put it under that definition because at the root of what we’re doing is, uh, is the proven (16:38) science of being servant leaders and, uh, removing what I’ll call immediate self-interest (16:47) and supplanting it with, how do I help the people around me be, uh, as we say internally, the best, (16:53) boldest, and most authentic versions of themselves. And there is no one best version, (16:58) right? Sometimes, uh, you know, if I, if I hand you a newborn baby, there’s a different best (17:04) version of you then than if I put you into a NASCAR race, right? There are different versions. (17:10) Sometimes you’re aggressive, sometimes you’re protective. 

Um, and so being whatever that best (17:14) version of you, uh, is in the moment. And, uh, you’re deliberately focused on, uh, helping (17:23) others. You’re others focused. 

And I believe at the end of that process, we all have an opportunity (17:28) to rise to higher heights together. Um, if we, if we feed each other as opposed to selfishly, (17:34) just trying to feed ourselves. Sure. 

I heard you, um, uh, in another, um, conversational (17:40) interview that you did with, uh, with Mark Lee, um, talking about how, um, brothers and sisters (17:47) fight, or maybe it was Scott in that interview. I’m not sure which one of you guys was saying it, (17:51) but, um, um, you know, kind of talking about having that level of comfort within the organization (17:57) that even allows you then to fight. Right. 

So, so how we fight with our siblings, (18:01) it comes from a place of, well, they can’t really leave us. They can’t really break up with us. (18:05) Right. 

They know I love them. Right. Yep. 

Exactly. So we fight harder with them than maybe we do our (18:09) friends. So how’s that work out in the, in the spirited discussions that maybe occur, uh, in a (18:15) DMS? Yeah, I think, uh, when the environment is really safe, conflict is frequent. 

Uh, if you (18:23) think about most organizations and we’ve worked in them, uh, boy, you didn’t speak up on the edge (18:30) or out of turn or say anything that was contrary to what you knew the boss wanted because, uh, (18:36) being contrarian was, uh, was a recipe for not being successful. And our belief is we can’t (18:42) manage secrets, uh, but we can manage the truth. And so let’s put the truth on the table, be (18:48) nonjudgmental about it. 

Be honest with ourselves about where we were doing well, where we’re not (18:54) doing well. And Jack Welch had a saying when he ran GE that said, let’s not sponsor ideas based (19:00) on the altitude of the originator. Let’s sponsor ideas based on the merit of the, the idea. 

(19:06) The meritocracy, right? Yeah. Because the marketplace doesn’t care whether the idea(19:10) came from him or me or you, the marketplace kills bad ideas. So we need to have a process internally (19:17) that kills bad ideas and sponsors, good ideas. 

And it’s not, you know, that political alignment (19:22) we’ve seen in organizations. Hey, we’re going into the meeting. You support me and I’ll support you. 

(19:27) Right. Your buddy says something stupid, but now you’re committed to supporting it.(19:32) I’m with you, buddy. 

And so, uh, just having the ability to not have a bunch of political (19:42) pollution and not have a culture that’s fear ridden, still gotta have accountability, (19:48) but it’s not fear based. We’re not embarrassing one another. Uh, it’s, uh, the analogy I make (19:55) is it’s like, you ever see the show battle bots where you put those bots in the arena and that’s (20:02) the idea competition, right? Is my bot better than yours? And it’s fierce in there, but around (20:08) the table, we’re having a blast, man. 

I blew your bot up, dude. Your idea wasn’t the best one (20:14) this time. I always loved the one with the circular saw blade. 

And so, um, when you think about it, (20:24) what other process is superior to that? There really isn’t one because you get the best of both (20:30) worlds. You get trust and a relationship where there’s mutual respect, but you also get tenacity (20:38) and, uh, you know, iron sharpens iron. Let’s, let’s go at it, but we’re doing it in the spirit (20:43) of making us better, not I win, you lose. 

It’s we win. No zero-sum games. No zero-sum games, (20:49) right? We win because we got the best idea of our process. 

And today it was your idea (20:53) that got sponsored, but no guarantees yours is going to get sponsored next week. Yeah. We’ve (20:58) got a statement around here. 

The best ideas win. It doesn’t matter who’s right. It matters what’s (21:01) right. 

It’s exactly right. So I don’t know if you want to add anything to that. I mean, (21:05) no, I, I would, I’ll circle back a little bit to your questions about, you know, putting Scott (21:10) into that role, putting me into that role. 

You know, I’ll go back to the, uh, since I started (21:13) off with the music there, it’s, uh, it’s like trying to put a musician in a genre, you know, (21:19) they don’t typically like to be put in a genre. They just want to create good music and have (21:22) people enjoy it. I’d, I’d say it’s the same mentality here. 

It’s the, you know, not necessarily (21:28) identifying by a title of exactly what that role is, but creating a business that we know what the (21:33) goal is. And it becomes a much more, uh, maybe not a defined like other businesses, but we (21:41) ultimately have the right goal mindset. Yeah. 

You’re climbing the mountain together. You know, (21:46) where the peak is, you know, where you’re going. Sometimes Bruce is going to carry the bags. 

You’re (21:50) going to lead the way. Sometimes you’re going to carry the bags. Bruce is going to lead the way. 

(21:53) And you know, somebody is going to cook one night and, and, uh, clean the next or whatever. So (21:58) yeah, he likes to call it dribbling left. You know, if you’re right-handed, you’re, you know, (22:01) kind of forcing us to dribble left. 

And, and it, and it opens up, uh, other avenues for other (22:06) people to grow, you know, if you, uh, are always in the engineering world or whatever, but so (22:12) creating this has created other job opportunities and, uh, it helps us to advance and in other (22:17) areas that we hadn’t been advanced in the past. I know you’re a Tom Peters fan, uh, um, culture (22:24) eats, uh, culture strategy for breakfast. And, uh, um, what about kind of the whole who moved my (22:30) cheese, uh, sort of, uh, uh, theory to write the, this whole, be prepared to change. 

You know, (22:35) I heard a doctor say, you know, one of the best advices he has for people in their forties and (22:39) fifties is start brushing your teeth, brushing your teeth with your, with your other hand, (22:43) right? Because there’s going to have some things that happen in your life where you’re going to (22:46) have to make, make some right. It’s not going to be there. You better be ready to go on. 

Exactly. (22:51) So it seems like that’s what you guys have done. Um, you know, I mean, now all of a sudden technology (22:57) can speak into in a, in a very, um, respected, logical, um, relevant way. 

You can speak into (23:05) engineering, right? When you’re on the shop floor, they have to listen. You’re not, you’re not just (23:09) some tech guy who’s been, you know, playing with bits and bytes his whole life. You’ve been, (23:13) you’ve been doing what they’re doing. 

Right. Yeah. And, you know, with the creation of AI and some (23:19) of the things that we’re looking at doing with it, um, you know, we, we try to do predictive (23:24) maintenance. 

Um, we’ve got, um, in, in relative to the it and engineering, we’ve got manufacturing (23:32) execution systems, uh, that are kind of in between the it and engineering. Um, but we’re, (23:40) we’re creating a culture where it’s not always call it that, you know, it, we’re not in the day (23:45) where you used to have to download drivers to connect a printer, you know, and now it’s plug(23:49) and play. Uh, so there’s a lot more, um, special teams that can do things like, you know, we have (23:55) an abundance of engineering changes that happen. 

You can imagine instrument panels, F-150, (24:00) how many different versions, software versions that comes out, you know, in the past, historically, (24:05) if you had a different version, you know, version A went to B, it changed a bar code. That means (24:10) IT and all this, but you know, there’s, there’s manufacturing engineers, there’s engineering, (24:15) industrial engineers that put the work construction and things like that. So developing out more of, (24:19) um, um, centralized engineering and focus mindset of doing some of those things that used to always (24:26) be in the IT world and taking some of that onus off of that has been part of the strategy as well. 

(24:32) And realizing that, you know, to Tom’s point, the lines of demarcation are beginning to get(24:37) blurred, right? Used to be a mechanical engineer did this, an electrical engineer did this,(24:41) a controls engineer did that, your IT team did that. And today we have an issue on the shop(24:46) floor. It’s not always clear who you should call. 

So having people who are collaborative, (24:51) understand boundaryless behavior and have mental agility, uh, is important because I may call on (24:58) you if I’m a production supervisor and you got to quickly do triage around, okay, this, I can help, (25:04) but I can only help so far. I need to call this other guy to come in and help do the rest because (25:09) problem identification is a lot more difficult today than it’s ever been. And we need to embrace (25:14) that and make sure we’ve got the backdrop of talent that’s readily available to pass the (25:19) baton when it needs to be passed or to collaborate when they need to collaborate to go address the (25:24) issue. 

That’s great. Yeah. You know that it’s, you’re speaking, you’re speaking our language (25:28) here. 

We, we actually kept seeing those lines get blurred in our own company between the three (25:33) different pillars of services that we offer. And we created a whole group called dynamic services.(25:39) So anything that doesn’t fit in a bucket, that’s the group. 

And we kind of likened it in a way (25:44) to the hospital model, right? So, um, you know, you look at even, we can even see this and I know (25:50) you guys do some personality profiling and things of that nature. We do, we do too. And there’s a, (25:55) there’s a drive out there that, that we watch and we go, Oh, okay. 

That person is, is a qualified (26:01) technologist, but they have this certain drive. You look at the same sort of spectrum for doctors. (26:07) Look at your ER doc, right? Your ER doc is a, is a, an adrenaline junkie. 

Typically, (26:13) right. Loves to bounce around from different things, loves excitement, can handle the highs, (26:17) can handle the lows. Um, and then you look at your, your, your orthopedic people, right? It’s like, (26:23) I have office hours on Monday and Friday. 

I do surgeries Tuesday, Wednesday, Thursday, (26:28) very regimented, very much procedurally this before this, and then, uh, then that. And, (26:33) um, so I love what you guys are talking about here because the lines, the lines are blurred (26:37) and who knows, does AI sit in marketing? Does AI sit in revenue operations? Does AI sit in (26:42) engineering? Yes. All of them. 

Right. So that’s a, I love how you guys articulate this stuff. Um, (26:50) you’re doing a great job with this and, uh, I’m, I’m very impressed. 

And I think, uh, (26:54) I think there’s gonna be business books written about you someday. We’ll start with a wrap in (26:59) Yeah. It’ll be, it’ll be KFC related, I think from, from Tom’s, uh, uh, uh, title there, (27:07) title song, I should say. 

Um, so let’s talk about, um, just kind of background where you grew up, (27:12) um, and what you did, uh, um, as a kid. Uh, let’s let people get to know you guys on that level. (27:20) Um, Tom, you said, uh, you grew up in a kind of Harbor beach area in the middle of Michigan. 

(27:25) Yeah. My parents divorced when I was really young. So I, there was a little bit of a shared(27:29) service as we’ll say. 

That’s a great way to put it. You were using managed services (27:35) to do the parenting. I had the same scenario. 

I just wondered if it was, no, you take him, (27:41) no, you take him. You love him more than I do. So, um, but yeah, primarily, I, you know, (27:48) I grew up in Harbor beach, Michigan. 

Uh, we, uh, when I was about 12, we had our, we were, (27:53) we had our first horse and then we, we ended up having about 15 to 20 horses, um, uh, some (28:00) thoroughbred quarter horses, Appaloosas, even a Clydesdale. Um, it was all, you know, pleasure, (28:06) but we had about 45 acres, did some, you know, failing the hay and all that good stuff that goes (28:10) along with farming. But we even got into some poultry. 

We had, uh, uh, geese, guineans, peacocks, (28:16) ducks, you name it. And I was responsible for all of these. And one summer we even went and, (28:21) um, we went to Iowa and my dad went crazy and bought more animals and cows and calves. 

And, (28:27) and we attempted to do that for a bit. And, uh, again, none of it was for, it was all for pleasure (28:34) and there was nothing that was put on the table from any of this, but, so it was fun, but it was (28:38) a lot of work for me, but it, uh, it taught a good, good work ethics. I’ve always thought that (28:43) if, uh, you can hire somebody that grew up on the farm, they know that you don’t miss a day of work. 

(28:48) Those animals need, you know, they need to be fed every day. So, uh, there are no sick days (28:53) when you got the farm, there might be somebody who can tag relief, but ultimately the work’s (28:57) got to get done. So we also find from, from folks that grew up in, in farming environment is that (29:02) they’ve got that kind of can do attitude. 

They can cobble something together too, for a temporary (29:06) solution. Cause you know, the hardware store wasn’t always right around the corner, you know, (29:10) when you’re on the farm and sometimes you have to, you have to make something work for the rest of (29:14) the day before you fix it perfectly. You see that for yourself playing out? Yeah. 

Yeah. I, um, I, (29:21) you know, I like to take that work ethics and carry it through, uh, through today. And, uh, (29:26) my dad owned a restaurant during that time too. 

So we had, uh, even more duties to do go along (29:31) with that. I, I attempted to be a dishwasher when I was, uh, 12. My, my grandma let me do that for, (29:38) and I didn’t, and I went back to my dad about two weeks later. 

I was like, I don’t think I want to (29:41) do this anymore. He says, well, you better tell, you better tell your grandma. Cause she was part (29:47) of the restaurant too. 

So I had to go in there with my head low and say, grandma, I quit. I don’t (30:00) know how much of a hand I really was in the, in that sector of the business anyway. I was probably (30:06) breaking more dishes. 

That’s great. And Bruce, um, what about you? Uh, like Tom, my folks got (30:15) divorced when I was young, they were three years old. Uh, my dad was a career military guy. 

Uh, (30:20) so he bounced around quite a bit. Uh, they both grew up in a small area south of Pittsburgh, (30:26) Pennsylvania. And so when they got divorced, my mother moved back to Pennsylvania. 

(30:31) And when I got to third grade, I said to my mom, I don’t want to grow up and not know my(30:35) dad. Can I live with him during even grades? And I’ll come back and stay with you on odd grades. (30:40) So essentially from fourth grade on every other year I was with mom or dad. 

And so when I was (30:46) back in Pennsylvania, where I spent most of my time, uh, I would call that my hometown, (30:51) Monongahela, Pennsylvania, steel mill town, industrial place, but still in a green and (30:55) pleasant Valley with a river that flowed through it. So you grew up near lakes where I grew up near (31:00) a river. And, um, so I had roots in that regard. 

Uh, but my dad having being transferred into (31:07) military, uh, I did eighth grade and, uh, most of the 10th grade in Woodbridge, Virginia, (31:15) uh, a good part of 10th grade in, uh, Columbus, Georgia, when he was at Fort Benning, (31:21) um, the army put him through college. So when I was in fourth grade, we were in state college, (31:25) Pennsylvania. So I bounced around quite a bit, which gave me wings. 

So I, I felt like I had this (31:30) good combination of roots and wings, uh, the stability and familiarity of being in the same (31:35) neighborhood off and on, but also the excitement of exploring new places and, and meeting new (31:41) people and figuring out that everywhere I went, people were different, but they were the same. (31:47) And, uh, if you can find ways to quickly connect, um, it’s, it’s easy to create genuine friendships (31:54) that can last a lifetime. That’s great. 

And you came up with this concept yourself in fourth grade. (31:59) Yeah, it was actually towards the end of third grade. Yeah. 

I just, I just kept thinking, (32:04) I don’t want to grow up and not know my dad. So can I get an opportunity to live with him as well? (32:09) That’s that’s what a neat mix, like you said, of the stability and the wings, right? That is, (32:13) that is a great combination, especially, you know, you’re not bouncing back and forth each weekend (32:17) and everything, and you’re not really firmly rooted. You had, you kind of had those roots (32:20) all over the place, all over the place. 

That’s fantastic. Um, this, this whole piece of, um, (32:29) bouncing around like that and making these bonds with people, um, that’s had to have helped you in (32:35) your business life. We heard Anthony, uh, Laverde was on our, was on our show. 

Great guy. Yeah. Good, (32:40) good guy. 

He, um, you know, he was not a Detroit native and we always laughed like he knows more (32:47) people here than, than any of us that grew up here. Yeah. And he moved here around the same(32:52) I came here, uh, 2015 and the number of people he knows is 20 times. 

We’ve had the same period (33:00) of time to network and this guy has just been masterful at it. Yeah. But you have obviously, (33:05) you’ve obviously leveraged that to your, to your advantage and to, to form really strong bonds and (33:10) really strong relationships. 

I mean, I’ve, I’ve not heard a bad thing about you. You know, you (33:15) haven’t asked enough people yet. That’s right. 

You don’t know enough people yet. I’ll ask some (33:20) Anthony’s fans. This episode of the BLTNT podcast is sponsored by Auxium, business IT and (33:27) cybersecurity designed to outsmart chaos. 

Empowered by Juniper Networks, automate your network with (33:32) Juniper Networks and the Myst AI platform, the world’s first AI driven wired and wireless network. (33:40) Let’s talk a little bit about these transformations too. So obviously you, you’ve been a (33:45) transformer kind of your whole career. 

You’ve, you’ve transformed in many different ways, uh, (33:50) as well, even this most recent change here. Um, let’s talk about where you see these (33:56) transformations going, right? Where do you see your industry going? I know you, you’ve, (34:01) you’ve mentioned in other interviews that, uh, you don’t have the crystal ball. Yeah. 

Don’t (34:05) have the crystal ball, but we can’t, uh, but you can’t sit here and not, not planning for the (34:09) future. And obviously you’re, you’re making moves. Yeah. 

Yeah. As we say internally, right? Uh, (34:14) we can ignore AI and all that’s happening, but it’s not going to ignore us. And while we don’t (34:20) have a perfect crystal ball, uh, let’s put ourselves in the position to continue to be (34:25) learners. 

And, um, I was listening to a series, a podcast called acquired, and they were (34:31) interviewing the CEO of, uh, NVIDIA, who had a good analogy where he said, look, you just want (34:37) to be under the apple tree so that when the apple of opportunity does fall, you’ve got a chance to(34:43) grab it. Uh, and so we’re just positioning ourselves under certain apple trees in the (34:48) orchard to go, we think there’s going to be opportunities here and there. And while we can’t(34:53) define it in a exactly prescriptive way, uh, we know we’re in the right area. 

You’re going to (34:59) stay close to it. Let’s just stay close and continue to learn and evolve, be agile. And (35:05) then when the opportunities present themselves, let’s apply them to where it makes sense for us, (35:10) our customers and our employees. 

So we get that triple win, uh, in the, in that process. That’s (35:18) it. Thank you both of you guys today. 

Great. He’s about to get married. Um, I’ve been married for, (35:26) uh, got married in 2008, January 1st. 

So what’s it been now to be, uh, 17 years here soon. (35:33) I have four children, a 16 year old, a 15 year old, 13 year old, and a 10 year old. And, uh, (35:40) my wife is just, I mean, she’s my best friend and she’s the best thing that’s ever happened to (35:44) me. 

And she’s incredibly, incredibly supportive and I’m equally supportive of her. And so as we (35:50) handle our parental duties and, you know, our partnership duties and our professional duties(35:55) and interpersonal stuff, we balance that really, really well because some weeks I’m more of a (36:01) professional than I am a partner and other weeks I’m more of a partner than I am a parent and (36:05) other weeks I’m more of a parent. It moves based on, uh, wants and needs, but we manage it really, (36:11) really well. 

So family life for me is great. Where did you meet her? Uh, here in Michigan, (36:16) here in Michigan in 2002, I think it was. Yeah. 

We started dating in 2006. (36:23) And then married in 2000, 2008, 2008. Yeah. 

Great. Great. And what’s her name? Michelle. 

Michelle. (36:31) Okay. Yeah. 

As far as me, I, uh, I’ve been dating my fiance now for a little over four years. Um, (36:40) she has a 11 year old daughter and a 18 year old son that’s going to Grand Valley State University, (36:46) uh, for supply chain management. Uh, so proud of that. 

Just had his, uh, party last Saturday and (36:52) we, uh, we tied the knot on July 27th. So we’re been having a lot of planning this summer. I turned (37:01) 50 this summer on top of it. 

So there’s been a lot of, uh, a lot of things happening, a lot of (37:05) big year for you guys. Awesome. Um, what do you guys, um, you guys had talked about, I know I’m (37:15) kind of bouncing back around here a little bit. 

Um, you had said something about the next 10 years (37:20) are going to bring more change than the last a hundred years in the automotive sector. Let’s, (37:25) let’s talk about that and get that, get that kind of future look. Yeah. 

You think about all of the, (37:31) the opportunities in the automotive industry, you know, electric vehicles versus the (37:36) historical internal, uh, combustion engine, uh, you know, how much will there be in terms of (37:44) autonomous vehicles, uh, all the AI stuff we’ve talked about and machine learning. And, uh, (37:50) you look at the Chinese coming into the marketplace. Um, you just see so much change, (37:58) uh, that there are really two things we have to be mindful of. 

One is as these shocks happen in (38:05) the marketplace, um, don’t, don’t internalize all of that. And COVID was a good example. COVID, (38:12) the supply chain, uh, in my opinion, I think my leadership team did a marvelous job of going, (38:18) look, the world has had some pretty big blows. 

We don’t need to take that and amplify it through (38:24) our organization and create this unnecessary stress factor on top of what’s already going on. (38:29) I feel like we were good shock absorbers in terms of insulating the organization and really telling (38:35) folks, focus on what we can control and let’s use this opportunity. Our COO Ben Meacham always says, (38:42) never let a good crisis go to waste. 

Sure. And so what are we going to focus on? So at the end of (38:47) this, we come out stronger, better, faster, uh, than before. So one is don’t let those shocks just (38:52) go through your organization. 

And then secondly, be agile, uh, and be prepared because every time (38:59) you have a crisis, there’s going to be an opportunity. Every time there’s change, there’s (39:03) going to be an opportunity. So for us, uh, we’re excited about the next 10 years because we think (39:08) within that chaos, uh, there are going to be winners and losers. 

And a lot of that’s going to (39:12) be predicated upon, um, how much did you panic versus not panic? Uh, how much did you look for (39:19) opportunities versus you were scared. And we’re constantly combing the marketplace, looking for (39:24) the right opportunities that fit our capabilities and where we think we can solve a problem or, (39:28) or add value. And then along the way, you need a little bit of luck, right? Because if, (39:33) if luck doesn’t go your way, then all the plans of mice and men are laid to rest. 

(39:39) Well, another good way to be in luck is to be underneath that apple tree though. So you’re not, (39:45) you’re not off on a, on a soybean farm. You’re, you’re hanging out near the apple tree. 

You know, (39:49) one of the things that, um, uh, as you heard, we mentioned Scott Sislak a number of times, (39:53) obviously, you know, that that’s where my relationship came to then meet you guys. Um, (39:59) Scott has told me that the internal default, uh, response is always one of optimism, right? Uh, at (40:07) your organization. And he said that that was one of the biggest things that he had to learn, you (40:15) know, trained CFO, right? Was how does this guy always look to the optimistic, uh, look when some (40:23) sort of tragedy or opportunity or whatever hits, how did that kind of all, how did that come out (40:29) of you? How did, how did that, or where did that kind of stem from in your maybe personal life, (40:35) business life? What, what formed that to where, you know, Bruce doesn’t freak out. 

(40:40) Yeah, I think some of it’s nature and some of it’s nurture. Um, right. I had, uh, I had parents(40:46) that, uh, you know, as I think about all the things that happened to our family during life(40:50) that happened to most families, right? You got ups and downs and I have parents who never panicked. 

(40:55) Um, there was, uh, uh, also just reading a lot over the years. I can’t remember what book it(41:01) was in, but there’s the, the Stockdale paradox about Admiral Stockdale, who was a POW during (41:06) World War II, I think it was, or the Vietnam War. Um, who said the people who made it out of the (41:12) POW camp were neither pessimistic or completely optimistic. 

They had this duality of, um, of how (41:19) they viewed the world, which is, um, I can see a path that gets me out of this predicament and (41:26) where I survive and there’s life after being a POW. But at the same time, I’m going to be brutally (41:31) honest about my circumstances. And I think we do a good job of doing both of those, right? COVID hit, (41:38) supply chain hit, automotive industry has all these drastic changes that are happening and (41:42) are still coming. 

And we’re brutally honest about the waters can be rough, right? Oh, (41:48) what’s the Shakespeare quote? When the sea was calm, all showed mastership alike and floating. (41:53) Okay. Well, the sea’s not calm. 

We better know how to handle our craft and hope that a bad wave (41:58) doesn’t hit us. So be honest about where you are, but at the same time, articulate a path that (42:03) people can rally around. They’ve got a vision of a better tomorrow, because if we do these things, (42:08) we’ve have a, we have a good chance for success. 

And so I think it’s the nature from home. My (42:14) parents weren’t panickers. Um, and I think it’s also the, the nurture, the learning and seeing (42:19) other leaders and what they’ve done. 

Uh, we have a leadership conference every year where we’ll, (42:24) we’ll do a certain theme. Uh, last year we did the 10 top leadership lessons of Ted Lasso. (42:30) And, and there are things like be comfortable, being uncomfortable and embracing that a couple (42:36) of years ago, we did this, some of the great stories of world war two, where you could see (42:40) some leaders in some pretty dire situations. 

And, uh, who was it? General Zirkoff from the Russia (42:46) and, uh, and Stalingrad when the Germans had them outmatched both in terms of manpower and (42:52) artillery. And he goes, we got to fight close. So hug your enemy, get in closer. 

Otherwise we’re (42:56) going to lose. And you see these people have these brilliant insights where it looks like the odds (43:02) are against you. But if you can identify a path that has some probability of success, people will (43:08) rally around that. 

And so we work hard to do that. That’s great. Yeah. 

And I, yeah, I mean, I’ve, (43:14) I’ve been in the auto industry for 27 years and that’ll just, if you’re not optimistic in it, (43:21) then you’re, it’ll tear you apart. I mean, I’ve, I mean, if you think about some of the (43:26) key milestones, you know, when, uh, it started in 97 and, and everybody was making millions off (43:33) of.coms, right. But then it crashed and then, you know, in, in, in 2000 and, and everybody’s now, (43:38) I was back to being humble and kind, right. 

And then, uh, 2002, 2009, the bankruptcies that (43:45) everything that went on with that, and of course, COVID. And so you see these ebbs and flows and, (43:51) uh, you just know that, you know, electrifications, you know, we thought, you know, (43:55) everybody’s predicted that that’s going to be a much bigger boom than, than we’re seeing there. (44:00) And, but we’re also seeing a lot of startup companies, companies coming out of electrifications (44:04) and, um, and even low speed vehicles. 

There’s a big sector that we believe that’s going to be a (44:09) boom in that for, uh, some of these communities in Florida and Texas, et cetera. So, uh, you just, (44:15) you’ve got to learn to diversify and that’s what we’re doing under Bruce’s leadership of (44:20) understanding that automotive isn’t always going to be prosperous. You know, there’s going to be (44:24) some ebbs and some flows. 

And, uh, and so we got to be able to be willing to adapt and other sectors (44:30) and we’ve, and that’s what we’ve been doing over the last, I’d say about two years now. So. (44:35) Can you guys talk about any of those projects? Um, I mean, without, you know, reaching any (44:39) confidentiality, obviously, but what are, what are some of the areas that you guys are working(44:42) in outside of automotive right now? Yeah. 

We recently landed a contract with an energy company (44:48) that, uh, can either write off an OEMs production line or retrofit an existing vehicle so that it (44:58) electromagnetically or wirelessly charges when it goes across pads that are embedded in the pavement (45:04) or the route that it’s on their product is particularly applicable to vehicles that are (45:10) on a closed loop. So think about, uh, ports like the port of Los Angeles or port of Tacoma, uh, (45:16) or bus routes to where you have, or airports where you have the, uh, the baggage tuggers. (45:22) Uh, so you got to close loop where these vehicles are charging while they’re being utilized. 

(45:28) And it has a lot of benefits for the end user customer in terms of reducing the number of(45:33) assets they have to have. Um, also saving them on power costs because you’re not charging (45:39) at peak rates. And so it’s got embedded logic in it. 

So that knows based upon the rates of (45:44) utility companies at that time, based on the battery charge, how far it’s got to go, (45:49) whether it’s a charge when it’s on a certain pad or not. And so it’s got a lot of advantages (45:53) and we’ve hitched our wagon to their star and they’re starting to really penetrate the marketplace. (45:58) And we built three units for them, the ground unit, the vehicle unit, and the charging station, (46:03) uh, itself. 

Um, we’re also on the precipice of deciding, we’ve got some prototypes, uh, (46:11) that we’re, we’re, uh, we’re, we’re now analyzing, um, and it’s in the low speed or medium speed (46:17) vehicle market. So when you think about the villages in Florida and the golf carts that (46:22) they all have, um, uh, we’ve got a couple of designs we’re looking at and testing to see (46:28) if that’s something we want to build. And we’re doing that with a partner. 

We’re not a design (46:32) house. Uh, we can help a design house design their products better, but we don’t have any (46:36) intellectual property, uh, in terms of that. But as a contract manufacturer, my guess is, (46:42) I say there’s probably a 75% chance that within the next, uh, six months, we’ll start doing some (46:48) initial production runs and putting these low speed vehicles into the marketplace to see how (46:52) they take. 

And, uh, we like our odds there. And then we’re, uh, we’re looking at, um, (47:00) doing, using crowdsourcing to get design ideas from the marketplace that could fit (47:05) our production capabilities and then being able to sell those in the marketplace through, (47:11) for example, but not necessarily them through a medium like, uh, Amazon, right? So we don’t have (47:17) to do the distribution and selling of the products. We just have to identify them through (47:21) crowdsourcing, make sure they fit our production capabilities, and then we can sell them through,(47:27) uh, Amazon and create a revenue stream that way as well. 

So we’re, we’re investigating a number (47:32) of things, and because we are a contract manufacturer, we’re agnostic to the end product (47:37) as long as we know it’s within our capabilities of, uh, our production processes. And do you have (47:42) an R&D sort of group or something like that that actually does that? Or is it everybody kind of (47:46) taking a little, little piece of it? He’s, uh, on all three of them, he’s the technology, Tom is (47:51) the technology lead. Uh, but Scott, who you mentioned earlier on the commercial side, (47:55) works hand in hand, uh, with Tom to identify these opportunities. 

And then once they start (48:01) to get some traction, uh, we’ll engage our production people to go, can you make this? (48:05) And can you make it cost effectively? Uh, we recently bought a 3D printer. Uh, so we’ll be (48:11) able to do a lot of prototypes on that. And we know what the cost per cubic inch of the 3D printer (48:15) is and whether or not it could be applicable for serial production. 

And we need to scale up there (48:20) or whether it needs to transfer to, uh, a more traditional sort of serial production process. (48:27) Yeah. So, you know, what he’s alluding to is basically we’ve always been business to business (48:31) and we’re looking to get business to consumers. 

So, uh, with that, we’ve, uh, we’ve hired a, (48:36) uh, director of product development, um, and, and we’re looking to see how that fits into our (48:42) roadmap on going, um, B to C. And we’re, so we’re in the infancy of doing that, but, uh, (48:49) but there’s some strategy. And as he’d mentioned, we’re agnostic to what the end product is, (48:54) as long as it makes sense. But as he, as he’d mentioned, you know, that we have, um, some high, (49:01) uh, capabilities within 3D printing. 

And we’ve also been creating networks on some things that (49:06) we might not have capacity to do, but we have a good network that can do that for prototypes. And, (49:11) and if it gets up to scale, then maybe, maybe a 3D printer goes to an injection molding process, (49:16) or, uh, maybe we buy the equipment that’s needed to, you know, whether it’s, uh, something for (49:22) stamping or whatever the case may be, but, uh, developing a network to help us out with that(49:27) has been key in that strategy. And so there’s this combination here of, we don’t have to(49:32) necessarily be asset intensive because we can utilize third parties who have assets and(49:37) capabilities that augment ours. 

Um, and the other thing Tom talked about earlier, (49:42) micing up the manufacturing plant, as we start to look to these new products, (49:46) um, how do we mic those up? So you get this second revenue curve associated with the data (49:52) and information that is embedded in, or being provided by products that are now in the field. (49:57) So whether it’s the low speed vehicle or some of these other consumer products, (50:01) um, how do we stay connected to it? Electronically data-wise. (50:05) Through its life cycle. 

Through its life cycle. (50:07) Once it’s even left your plant. That’s correct. 

Because today (50:09) our revenue model ends after we ship, right? And, uh, it doesn’t always have to be that way and it (50:15) won’t always be that way. Yeah, that’s great. Um, let’s take what you, so, so as we’ve kind (50:19) of explained, you guys are about a billion dollar organization. 

Yeah. Um, 1500 people. Um, (50:26) so you’re squarely in the mid market, right? How would you take what you just explained that you (50:30) guys are doing where you’ve applied some funding and some resources to kind of this exploratory (50:36) piece, right? To, to remain relevant, to remain at the forefront of, uh, you know, seeing when (50:41) that next Apple falls. 

Um, how would you recommend that to somebody in the small business? So if (50:46) there’s an entrepreneur or a small business owner watching this program, he might be looking at you (50:52) and go, well, yeah, you’re a billion bucks. You can, you can hire a couple of people and not (50:56) really feel it. What is, what does the small business owner do in this situation? Yeah, (51:00) I would say there, there are two things. 

Everything’s relative, uh, right. And before here, (51:04) I, I owned a BTM company and BTM in terms of revenue at that time was about $20 million a (51:11) year in sales. So in order of magnitude smaller, but even there, there was a percentage of (51:16) our profits that we dedicated towards, uh, let’s look at new machining equipment. 

Let’s look at new (51:22) tooling designs, right? So there’s always a portion of what you have that in my opinion, (51:28) you’d be wise to think about how do I invest it into something that, uh, could have a potential (51:34) payoff. And as we say, you know, amongst ourselves, uh, have, have some appetite for (51:39) failure. I can’t, I can’t ask you for innovation and have zero appetite for failure. 

Those two (51:45) things just don’t go hand in hand, right? We wouldn’t have the light bulb. Otherwise, (51:48) what did Thomas Edison say when the reporter said, how do you feel about the fact that you (51:52) failed 2000 times? And he goes, my, my friend, inventing a light bulb was a 2000 step process, (51:59) right? And so you have to have those failures before you can get to success. So I have some (52:03) appetite for failure, but you don’t want to be, you want to take calculated, uh, uh, risk. 

(52:09) So that’s one. The second thing, which I think is the most precious, uh, commodity that we have (52:15) is where do you put your attention? And I didn’t use the word time, uh, where, (52:22) because I think, uh, uh, a more valuable subset of time is your attention. And are you focused on(52:29) the things that you’re comfortable doing, or do you spend some portion of your life focusing on (52:35) things that make you uncomfortable, but have the opportunity to give you a 10 X payback as (52:40) opposed to a two X payback, right? And so we’re re our staff, we’re reading a book called 10 X is (52:45) easier than two X. And really what the book talks about is be deliberate about where you spend your (52:51) time and delegate things, uh, that don’t necessarily give you the greatest payback. 

So for example, (52:58) I came up through the shop floor, I’m a production guy. That’s where I’m comfortable, but it’s not (53:03) necessarily where I should be spending the majority of my time just because I’m comfortable (53:08) there. And I want to be involved in those details. 

I should be focused on things that are going to (53:13) transform the company and help us be something better and different, uh, 10 years from now, (53:19) then worried about did that last shipment get out, right? There’s a, it’s a, while I’ve got to be (53:25) concerned with that, as I say to my team, I’m not here to work, run the company. Well, I’m here to (53:29) make sure the company is well run while I work on some futuristic things that continue to evolve (53:35) who we are and help us become better and bigger and stronger. And you’ve got a leadership team (53:39) that totally understands that and are capable, go back to the GWC. 

They get it. They want it. (53:44) And they’re capable, but I’m encouraging them. 

What are the 20% of the items that are on your (53:49) list that you should be focused on and have someone else focus on the other 80% because (53:54) a hundred percent of it has to get done, but you don’t have to do a hundred percent of it. I don’t (53:58) have to do a hundred percent of it. So be very deliberate about where you spend your time and (54:03) more importantly, where you put your attention. 

Yeah. That attention. I think what I wrote it (54:07) down. 

I think I’ve got it. It was, it was energy, energy flows where attention goes. Is that, is (54:11) that the, uh, I love this statement. 

Um, I was in a, um, an AI, a couple of different AI, uh, (54:18) seminars, uh, recently. And the, one of the fellows who, who put it, put one on for us is a (54:23) guy named Todd Brooke. And he said that his recommendation to every business leader, every, (54:28) every person really is to invest one hour a week in chat, pick, pick, pick one of the, pick one of (54:35) the, uh, AI models, right. 

Chat GPT or copilot or something, spend an hour a week in it because (54:41) every week you’re going to, you’re going to learn how to take one small task of yours and automate (54:46) it. Um, and by the end of the year, you know, you’ve got 52 hours now of, uh, of training in (54:52) that. So, um, and it, it is so ever evolving that like I’ve noticed that, that GPTs that I’ve built (55:00) two weeks ago are irrelevant because now they’re built into chat GPT. 

And if I’m not playing with (55:06) it this morning and, uh, it’s a lot better than it was when I use it about a month ago, (55:11) every week, but I use it a month ago and I went, wow, this thing has evolved. (55:15) Yeah. And if you, but if you would have sat, sat static and said, okay, hey, this is what it does (55:20) and not played with it, you wouldn’t, you wouldn’t know. 

So you have to be, I love it (55:24) underneath the apple tree. Um, well, great. Um, this has been, uh, uh, a great time with you guys. 

(55:34) Is there, is there anything that you want to ask me or is there anything else that you guys want (55:38) to make sure that we cover? What, what made you start this podcast? What got you into this? (55:43) Um, so I was sitting at the, uh, at the Detroit athletic club at lunch and I was looking at the (55:50) guy across from me and I’m starting to daydream and I’m going, I am so lucky this is my job. I (55:56) get to sit here and meet with interesting people who have accomplished so many things in their (56:01) life and in their career. And they’re telling me things like, and it might be something about (56:07) their kids or it might be something about their personal life, or maybe it’s something about (56:10) business and any, any of these different, different pieces that they’re telling me. 

(56:14) And I’m going, nobody else gets to hear that. I get to hear that. So I said, what if I can just go (56:20) amplify this and, and, and spread the word? Because usually what would happen is, is let’s (56:24) say Tom and I, we meet for lunch somewhere. 

We talk, I say, Oh, you know, you should, (56:29) you should meet my friend Bruce. Right. And then afterwards I send a combo text and I say, Hey, Tom, (56:34) meet Bruce, two good people. 

Hopefully you guys take it from here, have at it onwards and upwards. (56:37) Like, I mean, I literally have like a script that I, because I do it all the time. I love (56:41) connecting people. 

And I’m like, you know, that that’s only one connection that I get to make. (56:45) And I’m still going to make it more scalable. Yeah. 

I’m going to make it scalable. Right. (56:49) And so, you know, I had to do a little bit of soul searching and go, okay, is how many people (56:52) are doing these podcasts? A lot of people are doing these podcasts, but I figured if I double (56:58) down, right, build the studio, do it right. 

Commit to doing it. Go teach myself a little bit about (57:03) what to do. Go seek out some people who have done it and have been successful with it. 

And I don’t (57:08) have the outcome of that. I’m going to be the next Joe Rogan, right? The outcome is, is that if I make (57:13) one extra connection for each person that I interview, job’s done. Guaranteed that the world (57:20) will, the world, my world will get better as their world gets better. 

So, so that’s why I did it. (57:26) And that does tell us to the question I wanted to ask, because you’ve interviewed so many people, (57:32) you’ve had so many lunches, what common themes have you seen or what common lessons or messages (57:38) have you heard that you would say, if I could put it all in a crucible and distill it down, (57:44) here are some universal truths. Wow. 

That’s a big one. I mean, the first one that’s coming to mind (57:50) is, is that nothing happens until you let the guard down. Right. 

Vulnerability. Vulnerability. (57:56) That’s the grenade round stuff. 

So I don’t know if it’s, you know, if it’s, we walk in a room and I (58:00) get you to swear, right? I get comfortable enough to say, you know, if, if, if there’s some level of (58:08) comfort that comes in the conversation, in the interaction, you might actually just open up enough (58:15) to give me one good nugget to really get to know you. Right. So it’s, it’s that nothing good really (58:22) happens until the facade is dropped. 

And I’ll tell you this, a lot of that came from getting to know (58:29) Paul Glantz, who’s the CEO or chairman of Imagine. Imagine. Yeah. 

Within the first, I met Paul (58:36) through a, through a friend of mine, we were at their jewelry store was opening down downstairs (58:39) from the, in the, in the Birmingham location, the Lucitos. And Fran Lucito said, Hey, you need to (58:45) meet Paul. I said, okay. 

So Paul’s wearing a football jersey. Cause he had just come from a (58:49) game. We had a conversation. 

He says, Hey, I like where this is going. Let’s, let’s go to lunch. So (58:53) he has Carla, his assistant reach out to me. 

They scheduled lunch for two days from then. And the (58:59) stuff that Paul told me, the deep details that he told me, the trust first sort of thing. I mean, (59:05) he exposed the underbelly within hours of knowing him. 

Now, obviously there was some, he doesn’t do (59:12) that every, every time, every, everybody, but when that happened, we were able to have a real (59:17) relationship started, you know, right there. And so I think that’s that’s the first thing I would (59:23) say. Yeah. 

Our chief HR officer had a guy come to our last leadership conference last September (59:28) from a Covey, the Covey Institute and gave us a segment for what half a day on, (59:34) you could only move at the speed of trust and trust only starts where there’s authenticity (59:40) and vulnerability. And so it’s a, it dovetails well with Brené Brown, who says, you know, (59:46) the opposite of courage is not fear. It’s armoring up. 

And you think about how many people (59:51) have relationships, be it with their spouse or being at work to where you’ve been hurt in the (59:56) past, you’ve been let down in the past. So you armor up, right? Cause I’m not going to get hurt (1:00:02) again. Right. 

But you’re setting yourself up to be disappointed again, because until you drop the (1:00:07) armor, nothing good can happen or the best can’t happen. Right. I love that. 

What other one would (1:00:14) you say? So the second thing, and we’ve got we’ve got this author, his name is Fred Sievert. He’s (1:00:19) coming on in a couple of different episodes from now. And Fred wrote a book and I can’t remember (1:00:24) the exact title, but it’s fast. 

I think it’s called Fast Starting a Career of Consequence. (1:00:33) Okay. And so he wrote it for his daughter who was going to, was essentially going out into the (1:00:39) world to get a job. 

And one of the messages in there is, is that you’ve got to be willing to, (1:00:45) if you’re going to be noticed, you’ve got to be willing to do the things that get you noticed. (1:00:49) You know, and one of his examples is, be the first one there and the last one to leave. Now, (1:00:53) that’s not always possible, obviously. 

But how do you, people who really make a difference, (1:01:00) make it known that they’re making a difference and not by bragging, just by doing and being. (1:01:06) And so, you know, whether it’s, you know, Anthony moving to this area and then hitting the ground (1:01:13) running, essentially working before he was working, you know, to build out his network or, (1:01:19) you know, it’s you with you, whatever your routine is in the morning and getting up early and (1:01:23) going to bed late or whatever, but just making those sacrifices. Those are the people who end up (1:01:29) really making the difference, right? Nine to five in it, ham and egg in it, doesn’t do it. 

(1:01:36) And it sounds like from what you said, if I heard you correctly, it’s not about (1:01:40) self-promotion and all the bluster and bluff around that. It’s really about (1:01:45) find a way to make a difference. Just make a difference, bring value every day to somebody (1:01:50) else and something good does happen. 

And so I think that’s the, that would be the second one. (1:01:55) Third one, I don’t even, I don’t even know, just be nice and don’t burn bridges is the, (1:01:59) is the other thing is, you know, you can, Warren, Warren Buffett, actually I was asked to give a (1:02:03) little intro at an event the other day and they said they had to, on the way there, I learned that (1:02:09) I’m a C student, you know, I’m usually a little behind on things. So on the way there, I realized, (1:02:16) oh shoot, I need to come up with a, with a quote, a famous quote, you know, and the one that I have (1:02:23) to remind myself every day is you can always call him an asshole tomorrow, right? So hold your tongue (1:02:31) and if you still feel like you got to… I reserve the right to tell you something tomorrow. 

(1:02:34) Exactly. Hold my tongue today. I definitely can call him a jerk tomorrow and it’s always suited (1:02:40) me well, served me well to, to hold back on that. 

And other people who have that discipline of (1:02:47) holding back, right? You can, you can be passionate. You can be all those things that (1:02:52) make you who you are, but you gotta, you gotta have that self-control. If you don’t have that (1:02:57) self-control, it, you’re going to get relegated to something less than excellence. 

(1:03:03) I think it’s in the book of Proverbs, there’s a scripture that says, (1:03:05) a fool uttereth all of his mind, whereas a wise man keeps it until afterwards. (1:03:09) There you go. (1:03:11) There you have it, right? (1:03:13) Pastor, Pastor Warren Buffett. 

(1:03:16) I love it. I love it. (1:03:18) So Matt, thank you for this great time, guys. 

Any, any parting song that we should go out with? (1:03:24) No, no. We’ll end it on the biblical scripture. (1:03:29) All right. 

Well, thanks guys. (1:03:30) All right. Thank you. 

Appreciate it. (1:03:32) Thank you. 

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