148: Why Your Manufacturing Business Should Be Boring with Marc Bowers, Executive Director of St. Louis Makes
Marc Bowers, Executive Director of St. Louis Makes, explains why manufacturing businesses should be boring, advocating for predictable cash flow and deep operational knowledge over high-tech hype. He details the process of acquiring or taking over small-to-mid-sized manufacturers (under $30M revenue), emphasizing a 100-day period to understand financials and shop floor realities before pursuing adjacent growth opportunities. Bowers also discusses the resurgence of old-school entrepreneurship in St. Louis, the importance of trade education, and his personal philosophy of living an interesting life through global travel and gap years.