You're crushing it! Looks like you've got plenty of cash flow to put back into the business even with the short loan term on the Syil. How long until you add another VMC?
@Dellpodder Thanks! The short term was a real pain at first, I have 8 months left! Depending on the type of work I get, I'll start looking at a used lathe at around mid next year. I'm always ready to buy if I get the correct order 🧐 Until then, I'll continue on the track I'm on. I thought about getting a second syil, but on the off chance I can get a new building, I can get a large used okuma genos for the same price 🤔 Hopefully June next year!
I heard something about there being a xometry ultra premium partner or a level higher than premium. Have you heard this? If I was Just starting what metrics would you suggest I track? Are there any spreadsheets out there that are already made?
@ItzWheeler You're correct. There's standard, premium, and ultra premium. I'm going for ultra currently. It's all based on performance and quality systems. You can also upload certifications like ITAR and see related work you wouldn't see otherwise. If you're talking about metrics with xometry, the partner portal tracks all the important ones live there. I would tract actual profit after all operating expenses. That's the one most people get skewed perceptions with. That and efficiency and job hours. Make sure you're consistently operating the profit band you layout for yourself 🙂
Great video, love the channel. Really enjoy following you
Would be cool to see a video of you doing and explaining how you did the xometry trial part.
Very nice!
Thanks!
Can you explain the levels of Xometry. Hearing it from and end user is always way better. Maybe a video?
Will definitely make a video on this topic!
You're crushing it! Looks like you've got plenty of cash flow to put back into the business even with the short loan term on the Syil. How long until you add another VMC?
@Dellpodder Thanks! The short term was a real pain at first, I have 8 months left! Depending on the type of work I get, I'll start looking at a used lathe at around mid next year. I'm always ready to buy if I get the correct order 🧐
Until then, I'll continue on the track I'm on. I thought about getting a second syil, but on the off chance I can get a new building, I can get a large used okuma genos for the same price 🤔 Hopefully June next year!
I heard something about there being a xometry ultra premium partner or a level higher than premium. Have you heard this?
If I was Just starting what metrics would you suggest I track? Are there any spreadsheets out there that are already made?
@ItzWheeler You're correct. There's standard, premium, and ultra premium. I'm going for ultra currently. It's all based on performance and quality systems. You can also upload certifications like ITAR and see related work you wouldn't see otherwise.
If you're talking about metrics with xometry, the partner portal tracks all the important ones live there.
I would tract actual profit after all operating expenses. That's the one most people get skewed perceptions with. That and efficiency and job hours. Make sure you're consistently operating the profit band you layout for yourself 🙂