I Killed a Profitable Business Line (And You Should Too) EP. 137

Описание: We were making good money in the electronics component industry - our lead form and trim machines were selling well, customers were happy, and profits were steady. So why did we deliberately walk away from it all?
In this episode of Machine Shop Talk, I'm sharing the hard truth about when to kill a profitable business line - and why sometimes the best decision for your shop's future means sacrificing what's working TODAY.

You'll learn:
The hidden danger of niche markets (even profitable ones)
How we pivoted from a dying industry into our biggest customers today
The "small shop superpower" that big operations can't match
Warning signs that your profitabl e niche is about to collapse
Why failing fast is better than dying slow
This isn't theory - this is exactly what happened at Lakewood Machine & Tool when technology disrupted our entire market segment. The decision to pivot saved our business, but the timing had to be perfect.
If you're running a smaller shop and wondering whether to stick with what's working or chase something new, this one's for you.

What's your experience with pivoting? Drop a comment below and let me know if you've ever had to make the tough call to walk away from profitable work.
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👍 Hit that like button if this helped you think differently about your business!

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Connect with Ian Sandusky on LinkedIn (  / ian-sandusky-3a223227  ) or learn more about Lakewood Machine and Tool at
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[email protected]
(905) 853-6194
Instagram:   / lakewoodmachine  
Lakewood Machine (https://lakewoodmachine.com/)

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