In this episode, our hosts Mike Nelson and Derek Foster interview Terrence Musto and Robert Manasier - the creator of Fabbro Industries, and the business mentor that helped him do it! From a humble start building custom bikes to running his own professional fabrication shop, Terrence's business is a stunning example of the kind of value a business mentor like Robert can provide. Want to learn how to take that idea of yours to the next level? Listen to this episode to get a few clues!
00:00:15 - Introductions
00:02:13 - “Fix it in Post”? NO!
00:03:21 - Fabbro Industries: From Motorbikes to Machines
00:07:05 - The Demise of Apprenticeships
00:08:05 - What is a Fabricator?
00:11:14 - Riding Your Own Bike: Living the Dream
00:13:26 - Earning Approval: A Multi-Step Process
00:18:42 - Meeting Manasier: Taking the Motor Out of Motorbike
00:20:54 - Good ol’ New York State: Michael and his Cycles
00:22:01 - Building the Business: Outmaneuvering the Metrics
00:25:53 - Private Enterprise Beats the State Every Time!
00:29:28 - Blabbing About Beards
00:31:02 - The Incubator: Build Out that Beachhead!
00:35:42 - A Clear Pathway to Success: The Output DOES Matter!
00:37:29 - The Play Entrepreneur… You Need More Than Just an Idea! Be Coachable!
00:41:19 - Both Parties Need Accountability! Mike’s School Story
00:42:35 - A Structured Cohort: Alpacas vs. Llamas
00:45:38 - Bob’s First Business… Started at Age 13?! “But Do You Have a Job?”
00:47:14 - The Biggest Challenge: Predicting the Future, Planning for Failures
00:50:26 - Entering Production: There’s Lots of Factors You Haven’t Considered!
00:54:12 - Finding Highly-Skilled Employees Isn’t Easy!
00:55:10 - When Close Enough, Isn’t
00:56:48 - Mike the Ne’er-Do-Weld
00:57:39 - How to Get in Touch: And One Last Story
00:59:53 - Closing Remarks: Shoutout to MLB Construction!
01:00:31 - A Sneak Peek for Next Episode!
Episode
