Hello everyone,
A short while ago I did a short LinkedIn post to say that Crystalaid Manufacturing had joined our VC group.
They officially joined the group on the 12th April 2019 and I must say we are truly blessed to have the team with us!
The team have ISO 9001 and AS9100 certification (aerospace and military) for manufacturing and is one of the truly advanced manufacturing facilities in Brisbane. Their knowledge on manufacturing is very impressive and after the last month I would say, equals the best in the world.
We are very fortunate to have existing large customers in the military and aerospace market and whilst I cannot disclose where our products end up, they are extremely impressive use cases around the world.
The impact on our other companies manufacturing processes cannot be underestimated as well as we see an internal lift to the quality processes within our other existing companies.
My Thoughts - The competitive nature in targeting the largest markets is driving margins down and the incessant desire for volume is eroding global profitability through increased competition. Step outside that bubble and re-engineer your business to be a premium provider with the best product the world can offer. Whilst the market forces are driving for volume into an increasingly competitive landscape, you will provide yourself with clear air and better margins.
Some people just want to pay more for a quality product that will last.
Have a great day everyone!
Ross.
Thursday 13 June 2019
Accretive acquisition beyond EBITDA
The world has changed. Tiny components of software and hardware can now be purchased online at an extremely lost cost with open architecture platforms. The wave of transformation has been occurring for decades, but the speed of change is increasing, but still we constantly see things which make us question why? Why do it that way?
Monday 27 May 2019
Faith vs Hope. What is the business difference?
In business, Faith trumps Hope every day.
Hope is a desire.
Hope is an expectation beyond reasonable.
Hope not having a plan.
Hope is all about not being in control.
Hope is an unconfirmed next step.
Hope is all about the desires of the self and not the reality of the situation.
Faith is putting all the pieces in play.
Faith is providing your customer with all the right information to make an informed decision.
Faith is acting with integrity and honestly and standing with your customer.
Faith is taking the customer with you on the journey of reasons and planning the next step together. With Faith in your process and customer, you have a reasonable expectation the next step will occur.
Obviously there are many obstacles in business, but Faith trumps Hope in business.
Ross.
Hope is a desire.
Hope is an expectation beyond reasonable.
Hope not having a plan.
Hope is all about not being in control.
Hope is an unconfirmed next step.
Hope is all about the desires of the self and not the reality of the situation.
Faith is putting all the pieces in play.
Faith is providing your customer with all the right information to make an informed decision.
Faith is acting with integrity and honestly and standing with your customer.
Faith is taking the customer with you on the journey of reasons and planning the next step together. With Faith in your process and customer, you have a reasonable expectation the next step will occur.
Obviously there are many obstacles in business, but Faith trumps Hope in business.
Ross.
The world has changed. Tiny components of software and hardware can now be purchased online at an extremely lost cost with open architecture platforms. The wave of transformation has been occurring for decades, but the speed of change is increasing, but still we constantly see things which make us question why? Why do it that way?
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