Im not big on leaving comments but this video definitely deserves one. The machining videos are why we are all here but this has to be one of the best videos you have made.
@16:00 the constant trouble of having too small of a machine! My first machining centre had 12 meters of X travel (>39ft!) and one of the last jobs I did on it was 13 meters long. The problem never goes away.. it just gets heavier :)
I literally took the last video you made with Adam on his own as a sign and quit my day job to be self employed as a job shop. covid sucks but damn i couldn't be happier!
EngineeringScience how are you doing ? Seriously in the same boat right now. Are you happier? Leaving a 100,000$ job for 50,000$ but I’d be happy doing it.
@@thebeaver6596 Wow, we were in the same shoes. I had a nice squishy Enginerding job making good money but just wast happy. I would have to say I have only been on my own just over 6 months but I am making about half of what I did before but a lot of that was the 2 months with out much work due to covid. Things are pickng up now but I wont make more than I did at my last job but I def realized im happer now.... I just buy less toys.... if fact the "toys" I get excited about coming in the mail is new endmills and other business investments...
I too am in the same boat. i have been running my own jobs since 2017 with my own company. still hold a 40/wk job that pays well enough, but i am really looking to grow, and move away from the day job. finding enough work to make it work is proving difficult, but im plugging away at it
@@jaredfaustino7844finding enough work has been the challenge for me too... im really at about 60% cap because in a new business... im still convinced ill have to go back to a 9-5 but until that happens im rocking away
This story resembles my uncle. He started whitworth tool here in kentucky in his garage, slowing up sizing the place untill it became one of the biggest shops in the tri-state. I've also * partially ventured into making my own welding and fabrication business here in town as well with my dad. Currently looking to get my own cnc mill. Can we all agree if your a Machinist you love the work. I've never met any in my life who didn't.
To Adam One of the best decisions our family ever made was to buy our first factory and after a few years the factory next door. The second one in particular was in terrible condition but it had a half acre of land. We fixed it up in stages as we grew. We used it for many years. Modern business schools would probably disagree with what we did, In fact our lawyer laughed when he saw the old building! Modern business theory suggests that you finance a brand new plant and then spend your time growing the business. Buying a fixer upper means that you will spend time and money improving the building that you might have spent on the business. What helped us is that we were not forced to do it all at once, this enabled us to do the work in our own time when cash was available. We got a much bigger piece of land than we would have got if it had a new building on it. Remember only land increases in value buildings and plant depreciate. In the end this paid off very handsomely. Inflation another form of compound interest works for you 24/7. Yes we did have to work hard at our two businesses a real estate business and a manufacturing business. I will leave it up to you to guess which one was the most successful Regards John
Hands down one of my favorite SMW videos. Love Adam’s story, and love his business philosophy even more. That’s EXACTLY how I’d like to run a business.
less stress as a business owner is unusual. i burned out badly several years ago. i had five small locations and 35 employees and i felt like i was just waiting for the next disaster every day. hr issues were non-stop and finding talented people to move out to the country was almost impossible even though i paid better than anyone i know. i sold to a corporate group and found out life can actually get worse so now i own one place with 17 employees and it's a lot easier
Great video! There is so much more to having a small shop than making chips. I particularly enjoyed the talk about the distant future and nearing the end of a career. Both of you are fortunate to recognize that it will come one day. Luckily, I was able to retire from a major railroad almost ten years ago. I am turning 70 in a couple of months and, believe me, it happened very, very fast. At about the 19:35 mark I could hear the, "sound bomb" of the train horns. Adam Booth has sirens... Adam Demuth now has train horns.
OMG i have been waiting for this XD i have been following his instagram since the first tour! great guy very knowledgeable. quick edit to the comment: after watching some of the video, you can really tell johns skills at doing tours has improved also, since the last one he is asking a lot more questions and being spot on with the questions he is asking.
@@Ale_Lab couldn't agree more man, he was asking the questions I was thinking in my head. I think it helped it was an update and he already knows his story and they chat on Instagram i think.
John and Adam, What a great discussion, some very good advice. Real Estate is definitely a winner, and has been for a long time. Keep up the good work.
Super interesting and inspiring to get an update from Adam. Very nice machines + humble +hard work + knowledgde! Also learned some new regarding magnetic workholding and chips not getting stuck. Best of wishes to Adam and NYCNC for deliviring gold content.
I started doing my own think back in 2001 when our company was bought out by a bigger company. They were getting rid of compaction. They got what they wanted and sold what was left. So I went with the part that was left. Doing my own business on the side. In 2005 I bought a Haas TM1 mill and a TL1 lathe so at work I would run a Bridgeport mill during the day and run CNC machines at night. My wife would run them during the day. In the end of 2015 They closed the model shop. I was taking blood pressure meds and other meds. After going full time at home I have done good taken off some of my meds. Even went back and shook my old bosses hand and said thanks. Now they are one of my best costumers. Best thing I ever did.
Gday John, thank you Adam for letting John chat to you again, I got a lot from the conversation, I great to see that a single person company can still be done, I have a question John, can you do a shop update and tell us all again how you got started and what your outlook is now for the business, you company is a credit to you and what you give back, I’m interested to see how Adam is doing in 12 months, again John thank you and thank you Adam, take care, Cheers Matty
Got 30 years of machining experience, dream of my own shop someday but just haven't made a move as of yet. Even have access to a large pole barn garage at my mom's house. Love to quit my job and start my own shop. Your story is inspiring, good job!
Wow! This a great video all the way. Thank you! I'm self employed for 24 years now and share the same insights. I'm public here but if you don't need employees to be happy and pay your bills; stay there and continue to be happy ;-) Best regards, Job
Thanks this is it I believe I’m going to try an start with the mini mill great video thanks guys. I’ve been in the trade since 87 an I’m ready to do this on my own
I don't have a cnc machine yet, we are in printing. This video is very universal. Thanks for putting it out! As I get closer to buying my first mill this knowledge is more and more relevant. THANK YOU!
Like most people commenting I love what Adam does and I surely like the Mori Seiki. But most of all I am impressed with the way the shop is laid out and how clean it is - especially with the surface grinder in the corner.
That's a $200k machine. Not kidding. You could buy a Fehlmann for how much that thing cost and you'd still have more working space. Like the old Hyper series of machines from Makino this was made for speed without compromise of precision. It is so precise it's more like a jig borer than a high-performance machining center.
You are an inspiration to the future brother! Adam... we need to collaborate! I live in NE Washington . I moved my shop from a barn in Illinois back in 2007 to a 40 acre place in the mountains where A shop is accepted! You will soon learn in your growing pains you are not zoned or allowed your operation in a residential community.
My accomplishments so far granted me another 50 acres on a property that has year round water flows and a hydroelectric power plant with historical significance. I rebuilt 1 of two units that is currently producing electricity. My goal is to build an off the grid machine shop that makes a product for the future family!
This guy is everything I aspire to be, and I have nothing but respect for him. He's actually living every machinist's dream, at least every machinist who didn't take this profession to fund their business degree. I actually looked into the cost for a new VF2 with rigid tapping and a probe preinstalled and the startup costs are certainly not cheap. I want to talk to this guy to see why he did it because it obviously worked very well. My one issue is, well... unsurprisingly, I think you were kinda drilling this guy too hard in the interview, almost pushing him to start a large business or go into real estate for the sole purpose of obtaining capital. I think it was easy to tell how insulting it was to him, this absolute legend who even around 30, is a wealth of machining knowledge. Look, what's said is said and what's done is done, but please reconsider your opinion on this guy. He may seem void of aspiration and maybe being a home machinist doesn't seem like much, but he has it made, and as a setup/prototype machinist (not an operator), I can tell you that this is what he enjoys doing. Why devalue someone for liking being a machinist? Some people just really hate the stress involved in running a business, let alone a large one.
This guys story sounds so much like mine. I moved from a 6000 sq/ft shop to a 600sq/ft garage and was able in increase throughput while obviously extremely cutting my overhead once I figured out what I really wanted to do.
anyone else get the vibe that Adam i often the smartest guy in the room, there is something about him that just draws me in, i think its because he knows that he knows alot, but is not a showboat at all, maybe even to a fault. anyways, great video, love it, good questions john.
Maybe next spring when my shop upgrades are finally done it will be worthy of a Home Shop Tour with NYCCNC! Id definitely be a lot further behind without all the great information I got from this channel over the last 6 years. Adams shop is really awesome, both tours were super inspirational! Thanks for sharing!
On the bit about engineer shop communication: Agree! I'm an engineer who sometimes designs stuff for the job shop across the street to make... sure, a good set of prints (they don't do CAD) gets most of the picture, but having good communication is essential to everybody getting what they want. Not to mention that yes, (obviously) engineers screw up now and then... Due to what I would like to think is good communication, if there's an issue, they know they can and should ask, and I know to listen (or at least try my best to) and clarify. And note what I goofed so I make my prints better the next time. This is how the relationship between Engineer/designer and Machinist/toolmaker/fabricator should be.
"having tools stored in holders is the easiest form of automation..."well said this is one of the things that I started doing that has served me really really well over the years. It took over 22 years for me to really learn this lesson. I have tried to comunicate this to everyone envolved with the business and I cant agree with you more. I think that it is far better to store the tool length and catalog the tool rather than take if from the holder. would rather get a new tool and put it in a new holder than break one up now because its reverse work if you tear down a tool setup that has a known gauge length!
I have to commend this guy going out on his own. I wish I was his age. Right now he has youth on his side and he should use it to the utmost of his ability. It's great he has taken things slow and has slowly grown into making a nice income. He is experiencing what a lot of young owners need to concentrate on, direction and focus. You should always be selling or marketing because you never want to be in a position to be establishing relationships when you need work. Those relationships established now may not pay off right now but a year or even 5 years from now may save your bacon. You can't be idle in your youth. Bust your butt now so when you are in your latter years maybe 20 years from now you are still young enough and retire early or have the business running that someone else could run it for you as you collect a nice steady income. I think a financial planner should be your next step. The line of credit established now is also smart. Always have your quiver full of arrows so when you need to execute you aren't bogged down in emergency details. Always be 2 steps ahead. Much continued success.
low stress, no employees is the way to go! Enjoy life, Think ahead and configure your life to allow that...or not....but that's what I like to do and admire. SImple.
It can be low stress working on your own, but in other cases much stress) It's all about the 'set-up', if you get enough income working just 8-10 hour days, or the work take over your life and you spend nights and weekends in the shop.
Thank you guys, I have a machine shop we used to have say 100 customers 20 years a go and over the years some folded and others got brought out by there competitors, we did press work and tooling but with laser cutting no need for blanking tools, we do stuff for a automotive casting company and have noticed that over the last 5 to 6 years a short coming of jobs apart from when someone misses a feature off when they 5 axis machine it, with 3d printers we then loose prototype work, I do turn, mill, grind, edm, press, welding, jig grind, jig boreing, cad cam, a job shop is sometimes interesting but at this moment it's a nightmare with everyone scrating around to get the work. For an engineering shop it's the holy grail to find your own products to produce and not have to rely on some drawing to turn up and the customer saying keep the price keen as we need 3 to 4 quotes. These types of interviews with like minded small shops are great and it does keep us on our toes to re think our plans 👍🏴 thanks again.
That's one aspect of business I never did consider. The company you build is part of your retirement. If it's big, lucrative and desirable for others to own, at the end of your career you may decide to sell it for a good profit.
Really love our little mini mill, but he isn't kidding when he says the low range falls on its face. All we do is nuclear and aerospace so lots of inconel, hastelloy, and all those other devils. Boy does it take a long time, but don't downplay what those little machines can do! Big congrats to Adam. My dream is to start my own home shop someday.
A lot of smaller taper, higher speed, lighter duty machines will fall into that same trap. Understanding of your machine’s torque curve and what you can and can’t do with it is very underrated. Neither one of those machines will run larger drills, but both can run high feed mills, which can rough pretty darn well. Is a high feed mill as efficient at holemaking as a drill? No, but work with what you’ve got.
A Long video but a great video to watch and listen too. Sometimes it's good to just listen to others talking ?? WHY ? Because it's a great way to get your thoughts going.
I may have missed about the power supply to the shop. Is there 3 phase or a very large phase converter. I had a Haas TM2 in my garage that ran fine on single phase, but in the near future I want to purchase a Haas VF3SS. I dont want to rent a building, I would like to put in my garage and a digital static phase convertor will be needed.
I was thinking the same way regarding the current trend from working at home; you could hire out the design piece to someone who could work remotely and like John said- give it the sniff test when it comes back to you.
I got a super mini mill at auction and fixed it up and Just finished my first customer job last week and have more work on the way. Hopefully soon I will be able to do this full time too.Thanks for another great video, a lot of what I know came from your how to videos. Great resource
Flood coolant is not a good thing to use if you are using carbide tooling with a heavy chip load. The thermal shock will eat through your tools quickly. The last job shop where I worked always did this.
As a small business owner I will tell you EMPHATICALLY that debt is a TRAP. What happens is this. You are operating on debt to leverage your productivity and then WHAM! the door is shut on your credit line and you have no where to go. True story - I had a $100k credit line in 1970's (backed by $100k cash in bank) with which to buy equipment for resale. WE built computer systems. Had an economic downturn business slowed, stopped by the bank to let them know (as they had asked me to do). They said thanks for letting us know - keep us informed. BEFORE I GOT BACK TO MY OFFICE 5 MINUTES AWAY THEY SCOOPED UP ALL MY CASH - operation capital TO PAYOFF MY LOAN AND CLOSED THE LOAN! Never said a word to me that was their plan. Never missed a payment. The thing I never knew until later in life was that the banks themselves were intentionally causing the slow down by deciding to restrict credit. Do they share this information with their borrowers? NO!!! Why - because they are crooks! Don't do business with crooks.
Great video guys! Adam thanks again for the info on the GT15 oil. I’ve been running it in my VF2YT since your last video on here and it’s been amazing. A little messy but well worth it.
Oh man, I am looking for something similar to the lakeshore engraver in Europe and I have not found it yet. Import taxes are way to high to get it from your side...
@@Icutmetal Thank you very much. I think the company is now called SECO right? Looks like decent engraving endmill. I will have to see if I can get my hands on one.
Great talk! I loved it as a small business owner. Considering you know a lot more small business owners maybe this could be e new series??? I could watch this for hours!
Im not big on leaving comments but this video definitely deserves one. The machining videos are why we are all here but this has to be one of the best videos you have made.
This guy is my hero, managing to run a business in the space of a walk-in closet.
He has a RUclips channel. - just put up a video on how to measure a boring head using gage blocks and "ears".
Not to mention that Adam seems to be a very genuine guy.
@16:00 the constant trouble of having too small of a machine! My first machining centre had 12 meters of X travel (>39ft!) and one of the last jobs I did on it was 13 meters long. The problem never goes away.. it just gets heavier :)
I literally took the last video you made with Adam on his own as a sign and quit my day job to be self employed as a job shop. covid sucks but damn i couldn't be happier!
EngineeringScience how are you doing ? Seriously in the same boat right now. Are you happier? Leaving a 100,000$ job for 50,000$ but I’d be happy doing it.
@@thebeaver6596 Wow, we were in the same shoes. I had a nice squishy Enginerding job making good money but just wast happy. I would have to say I have only been on my own just over 6 months but I am making about half of what I did before but a lot of that was the 2 months with out much work due to covid. Things are pickng up now but I wont make more than I did at my last job but I def realized im happer now.... I just buy less toys.... if fact the "toys" I get excited about coming in the mail is new endmills and other business investments...
I too am in the same boat. i have been running my own jobs since 2017 with my own company. still hold a 40/wk job that pays well enough, but i am really looking to grow, and move away from the day job. finding enough work to make it work is proving difficult, but im plugging away at it
plus most of the work i am doing is actually comming from my day job
@@jaredfaustino7844finding enough work has been the challenge for me too... im really at about 60% cap because in a new business... im still convinced ill have to go back to a 9-5 but until that happens im rocking away
I could listen to hrs of this type of talk, thanks!
In case you don't know, Adam has a podcast with Josh Hacko called The Precision Microcast.
Oh they mentioned it at the end :P
What a wholesome guy. Thanks for sharing your knowledge Adam!
John you need to do more of these interviews. Tours are great but the knowledge and experiences are the true gold.
John, Adam, Excellent!
ATB, Robin
Again drooling over that Mori Seiki! Ain't that the cutest little thing
Yep, 3ton baby:)
@@AntiVaganza impressive size to weight ratio. Heavier is better of course, that isn't a wood router
@@MF175mp Yep, it's a little, heavy thing of beauty, no doubt.
I really enjoyed the big picture chat at the table. Both from great questions and his thoughtful responses.
This story resembles my uncle. He started whitworth tool here in kentucky in his garage, slowing up sizing the place untill it became one of the biggest shops in the tri-state. I've also * partially ventured into making my own welding and fabrication business here in town as well with my dad. Currently looking to get my own cnc mill.
Can we all agree if your a Machinist you love the work. I've never met any in my life who didn't.
To Adam
One of the best decisions our family ever made was to buy our first factory and after a few years the factory next door. The second one in particular was in terrible condition but it had a half acre of land. We fixed it up in stages as we grew. We used it for many years.
Modern business schools would probably disagree with what we did, In fact our lawyer laughed when he saw the old building! Modern business theory suggests that you finance a brand new plant and then spend your time growing the business. Buying a fixer upper means that you will spend time and money improving the building that you might have spent on the business. What helped us is that we were not forced to do it all at once, this enabled us to do the work in our own time when cash was available. We got a much bigger piece of land than we would have got if it had a new building on it. Remember only land increases in value buildings and plant depreciate. In the end this paid off very handsomely. Inflation another form of compound interest works for you 24/7.
Yes we did have to work hard at our two businesses a real estate business and a manufacturing business. I will leave it up to you to guess which one was the most successful
Regards
John
Hands down one of my favorite SMW videos. Love Adam’s story, and love his business philosophy even more. That’s EXACTLY how I’d like to run a business.
less stress as a business owner is unusual. i burned out badly several years ago. i had five small locations and 35 employees and i felt like i was just waiting for the next disaster every day. hr issues were non-stop and finding talented people to move out to the country was almost impossible even though i paid better than anyone i know. i sold to a corporate group and found out life can actually get worse so now i own one place with 17 employees and it's a lot easier
Great video! There is so much more to having a small shop than making chips. I particularly enjoyed the talk about the distant future and nearing the end of a career. Both of you are fortunate to recognize that it will come one day. Luckily, I was able to retire from a major railroad almost ten years ago. I am turning 70 in a couple of months and, believe me, it happened very, very fast.
At about the 19:35 mark I could hear the, "sound bomb" of the train horns. Adam Booth has sirens... Adam Demuth now has train horns.
What a wonderful conversation. Thanks for letting us listen in fellas.
Glad your doing well Adam, and living life on your terms.
OMG i have been waiting for this XD i have been following his instagram since the first tour! great guy very knowledgeable. quick edit to the comment: after watching some of the video, you can really tell johns skills at doing tours has improved also, since the last one he is asking a lot more questions and being spot on with the questions he is asking.
true he got some seriuos journalist skills. Questions were perfect
@@Ale_Lab couldn't agree more man, he was asking the questions I was thinking in my head. I think it helped it was an update and he already knows his story and they chat on Instagram i think.
Excellent interview, with great questions. I'm a huge fan of Adam's work. Not many machinists pay attention to details and precision the way he does.
John and Adam, What a great discussion, some very good advice. Real Estate is definitely a winner, and has been for a long time. Keep up the good work.
Super interesting and inspiring to get an update from Adam. Very nice machines + humble +hard work + knowledgde! Also learned some new regarding magnetic workholding and chips not getting stuck. Best of wishes to Adam and NYCNC for deliviring gold content.
Cool to see a follow up a while later. Good idea, even better video.
Thank you both for taking the time to video this and share. It gives great insight.
18:16 same here, when I do landscaping in the summer it's so much calmer and nicer than when I have worked in the factory in winter
This was a fantastic video. Very well done and loaded with thoughts and insight for the small guy. More of this!
I started doing my own think back in 2001 when our company was bought out by a bigger company. They were getting rid of compaction. They got what they wanted and sold what was left. So I went with the part that was left. Doing my own business on the side. In 2005 I bought a Haas TM1 mill and a TL1 lathe so at work I would run a Bridgeport mill during the day and run CNC machines at night. My wife would run them during the day. In the end of 2015 They closed the model shop. I was taking blood pressure meds and other meds. After going full time at home I have done good taken off some of my meds. Even went back and shook my old bosses hand and said thanks. Now they are one of my best costumers. Best thing I ever did.
Gday John, thank you Adam for letting John chat to you again, I got a lot from the conversation, I great to see that a single person company can still be done, I have a question John, can you do a shop update and tell us all again how you got started and what your outlook is now for the business, you company is a credit to you and what you give back, I’m interested to see how Adam is doing in 12 months, again John thank you and thank you Adam, take care, Cheers Matty
Got 30 years of machining experience, dream of my own shop someday but just haven't made a move as of yet. Even have access to a large pole barn garage at my mom's house. Love to quit my job and start my own shop. Your story is inspiring, good job!
Very much enjoyed listening to Adam. He really seems a super nice guy.
Adam is such a great teacher. ❤
Wow! This a great video all the way. Thank you! I'm self employed for 24 years now and share the same insights. I'm public here but if you don't need employees to be happy and pay your bills; stay there and continue to be happy ;-) Best regards, Job
Thanks this is it I believe I’m going to try an start with the mini mill great video thanks guys. I’ve been in the trade since 87 an I’m ready to do this on my own
I don't have a cnc machine yet, we are in printing. This video is very universal. Thanks for putting it out! As I get closer to buying my first mill this knowledge is more and more relevant. THANK YOU!
Now that John has been to Adam's place twice, I think it's time that Adam gets to visit the SMW HQ!
3 time if you count adam old workplace
Like most people commenting I love what Adam does and I surely like the Mori Seiki.
But most of all I am impressed with the way the shop is laid out and how clean it is - especially with the surface grinder in the corner.
Almost as good as The BOM, these are the best types of video, more of this please.
Great video, great home shop, great story. Thanks for sharing!
I’v rewatched the superb tour a number of times and really like Adams style and knowledge. Good luck !
Adam is the epitome of a nice guy.
The other night I was watching the first video for a refresher, now this. :D The timing.
Dang I want that Mori Seiki. That little thing is awesome.
That's a $200k machine. Not kidding. You could buy a Fehlmann for how much that thing cost and you'd still have more working space. Like the old Hyper series of machines from Makino this was made for speed without compromise of precision. It is so precise it's more like a jig borer than a high-performance machining center.
You are an inspiration to the future brother! Adam... we need to collaborate! I live in NE Washington . I moved my shop from a barn in Illinois back in 2007 to a 40 acre place in the mountains where A shop is accepted! You will soon learn in your growing pains you are not zoned or allowed your operation in a residential community.
My accomplishments so far granted me another 50 acres on a property that has year round water flows and a hydroelectric power plant with historical significance. I rebuilt 1 of two units that is currently producing electricity.
My goal is to build an off the grid machine shop that makes a product for the future family!
Hello. Could we come and visit your place?
Regards LeRoy
Freedom Energy Yes, you can... contact via email sales@bgitool.com
Loved it!! I can relate. 😎
This guy is everything I aspire to be, and I have nothing but respect for him. He's actually living every machinist's dream, at least every machinist who didn't take this profession to fund their business degree. I actually looked into the cost for a new VF2 with rigid tapping and a probe preinstalled and the startup costs are certainly not cheap. I want to talk to this guy to see why he did it because it obviously worked very well. My one issue is, well... unsurprisingly, I think you were kinda drilling this guy too hard in the interview, almost pushing him to start a large business or go into real estate for the sole purpose of obtaining capital. I think it was easy to tell how insulting it was to him, this absolute legend who even around 30, is a wealth of machining knowledge. Look, what's said is said and what's done is done, but please reconsider your opinion on this guy. He may seem void of aspiration and maybe being a home machinist doesn't seem like much, but he has it made, and as a setup/prototype machinist (not an operator), I can tell you that this is what he enjoys doing. Why devalue someone for liking being a machinist? Some people just really hate the stress involved in running a business, let alone a large one.
This guys story sounds so much like mine. I moved from a 6000 sq/ft shop to a 600sq/ft garage and was able in increase throughput while obviously extremely cutting my overhead once I figured out what I really wanted to do.
Interesting chat. A lot of the concerns raised are just the same here in the UK. Planning for the future especially! Best of luck to you 🇬🇧
FYI, because of your last interview with Adam, we’ve hooked up. We’re only a few miles apart. Very nice and kind man.
Thanks for that.
John
A VERY HONEST INTERVIEW, WELL WORTH WATCHING.THANKS
Lovely guy.
this dude is literally living my dream.
That was an excellent conversation, John! 👍
Thanks for the video.
Awesome video! Enjoyed listening on my way back home from work!
Great guy. I envy of calmness. Wish i could live like that. Keep it up!
anyone else get the vibe that Adam i often the smartest guy in the room, there is something about him that just draws me in, i think its because he knows that he knows alot, but is not a showboat at all, maybe even to a fault.
anyways, great video, love it, good questions john.
Maybe next spring when my shop upgrades are finally done it will be worthy of a Home Shop Tour with NYCCNC! Id definitely be a lot further behind without all the great information I got from this channel over the last 6 years. Adams shop is really awesome, both tours were super inspirational! Thanks for sharing!
Great conversation about the business
We need a 2021 Demuth Tool and Design tour
Kind of courius how long his beard and hair is currently) It get longer for each visit. Joke aside, really great guy, look forward to a new visit
On the bit about engineer shop communication: Agree!
I'm an engineer who sometimes designs stuff for the job shop across the street to make... sure, a good set of prints (they don't do CAD) gets most of the picture, but having good communication is essential to everybody getting what they want. Not to mention that yes, (obviously) engineers screw up now and then... Due to what I would like to think is good communication, if there's an issue, they know they can and should ask, and I know to listen (or at least try my best to) and clarify. And note what I goofed so I make my prints better the next time. This is how the relationship between Engineer/designer and Machinist/toolmaker/fabricator should be.
You are on the correct path. Good attitude.
I hope we can get a year 2 update this year
0r maybe a year 3 update this year
Really enjoyed the conversation... Would also be a good conversation and guest on the business of machining podcast
Save save save save save save. Let the money work for you.
Awesome theme for a video especially for someone like myself who had just invested in my first mini mill!
"having tools stored in holders is the easiest form of automation..."well said this is one of the things that I started doing that has served me really really well over the years. It took over 22 years for me to really learn this lesson. I have tried to comunicate this to everyone envolved with the business and I cant agree with you more. I think that it is far better to store the tool length and catalog the tool rather than take if from the holder. would rather get a new tool and put it in a new holder than break one up now because its reverse work if you tear down a tool setup that has a known gauge length!
I have to commend this guy going out on his own. I wish I was his age. Right now he has youth on his side and he should use it to the utmost of his ability. It's great he has taken things slow and has slowly grown into making a nice income. He is experiencing what a lot of young owners need to concentrate on, direction and focus. You should always be selling or marketing because you never want to be in a position to be establishing relationships when you need work. Those relationships established now may not pay off right now but a year or even 5 years from now may save your bacon. You can't be idle in your youth. Bust your butt now so when you are in your latter years maybe 20 years from now you are still young enough and retire early or have the business running that someone else could run it for you as you collect a nice steady income. I think a financial planner should be your next step. The line of credit established now is also smart. Always have your quiver full of arrows so when you need to execute you aren't bogged down in emergency details. Always be 2 steps ahead. Much continued success.
What a informative and motivating interview.
Very calm, clever bloke. I do wonder how a solo shop owner could ever schedule in a decent holiday/getaway though
Super video! Inspirational!
do those type/size of machine require three phase power?
low stress, no employees is the way to go! Enjoy life, Think ahead and configure your life to allow that...or not....but that's what I like to do and admire. SImple.
It can be low stress working on your own, but in other cases much stress) It's all about the 'set-up', if you get enough income working just 8-10 hour days, or the work take over your life and you spend nights and weekends in the shop.
Thank you guys, I have a machine shop we used to have say 100 customers 20 years a go and over the years some folded and others got brought out by there competitors, we did press work and tooling but with laser cutting no need for blanking tools, we do stuff for a automotive casting company and have noticed that over the last 5 to 6 years a short coming of jobs apart from when someone misses a feature off when they 5 axis machine it, with 3d printers we then loose prototype work, I do turn, mill, grind, edm, press, welding, jig grind, jig boreing, cad cam, a job shop is sometimes interesting but at this moment it's a nightmare with everyone scrating around to get the work. For an engineering shop it's the holy grail to find your own products to produce and not have to rely on some drawing to turn up and the customer saying keep the price keen as we need 3 to 4 quotes. These types of interviews with like minded small shops are great and it does keep us on our toes to re think our plans 👍🏴 thanks again.
Hella Articulate guy and very smart. This cat is gonna go far!
Great chat shared. Thank you.
Well done, thanks.
Super video, fantastic insight, thanks
That's one aspect of business I never did consider. The company you build is part of your retirement. If it's big, lucrative and desirable for others to own, at the end of your career you may decide to sell it for a good profit.
Really love our little mini mill, but he isn't kidding when he says the low range falls on its face. All we do is nuclear and aerospace so lots of inconel, hastelloy, and all those other devils. Boy does it take a long time, but don't downplay what those little machines can do!
Big congrats to Adam. My dream is to start my own home shop someday.
A lot of smaller taper, higher speed, lighter duty machines will fall into that same trap. Understanding of your machine’s torque curve and what you can and can’t do with it is very underrated. Neither one of those machines will run larger drills, but both can run high feed mills, which can rough pretty darn well. Is a high feed mill as efficient at holemaking as a drill? No, but work with what you’ve got.
What a great interview. I think you guys should get together again next year. - Mike
What type of cutting oil are you using?
Does having the part on a magnet help with chatter?
Sometime i miss just having two machines.
What does he mean re: metrology and the weights, when he says "measure stuff on the magnet" vs having to pull out the gauge? the magnet?
Nice work gents
Would be good to have an update on how things are going
A Long video but a great video to watch and listen too.
Sometimes it's good to just listen to others talking ??
WHY ?
Because it's a great way to get your thoughts going.
I may have missed about the power supply to the shop. Is there 3 phase or a very large phase converter.
I had a Haas TM2 in my garage that ran fine on single phase, but in the near future I want to purchase a Haas VF3SS. I dont want to rent a building, I would like to put in my garage and a digital static phase convertor will be needed.
I was thinking the same way regarding the current trend from working at home; you could hire out the design piece to someone who could work remotely and like John said- give it the sniff test when it comes back to you.
I got a super mini mill at auction and fixed it up and Just finished my first customer job last week and have more work on the way. Hopefully soon I will be able to do this full time too.Thanks for another great video, a lot of what I know came from your how to videos. Great resource
2:36"
It can set angles directly to arc seconds: "Meh"
It has this thing that moves: "WOW LOOK AT THAT"
Wow !! I wish i had the balls to do what he did. Leave my job and take machining, design job and work for my self.
I expect your video today! I am machinist love from India!
Need more classes & Tour
Have a great Wednesday
great video, very informative, how does he handle power supply there? 3 phase ran to garage or phase converter?
Super likable dude! I wonder if the torque converter customer was LUK? I used to work there as a project engineer.
Flood coolant is not a good thing to use if you are using carbide tooling with a heavy chip load. The thermal shock will eat through your tools quickly. The last job shop where I worked always did this.
As a small business owner I will tell you EMPHATICALLY that debt is a TRAP. What happens is this. You are operating on debt to leverage your productivity and then WHAM! the door is shut on your credit line and you have no where to go. True story - I had a $100k credit line in 1970's (backed by $100k cash in bank) with which to buy equipment for resale. WE built computer systems. Had an economic downturn business slowed, stopped by the bank to let them know (as they had asked me to do). They said thanks for letting us know - keep us informed. BEFORE I GOT BACK TO MY OFFICE 5 MINUTES AWAY THEY SCOOPED UP ALL MY CASH - operation capital TO PAYOFF MY LOAN AND CLOSED THE LOAN! Never said a word to me that was their plan. Never missed a payment. The thing I never knew until later in life was that the banks themselves were intentionally causing the slow down by deciding to restrict credit. Do they share this information with their borrowers? NO!!! Why - because they are crooks! Don't do business with crooks.
Great video guys! Adam thanks again for the info on the GT15 oil. I’ve been running it in my VF2YT since your last video on here and it’s been amazing. A little messy but well worth it.
What coolant do you use?
Awesome info
Muito bom parabéns 👏👏👏
Oh man, I am looking for something similar to the lakeshore engraver in Europe and I have not found it yet. Import taxes are way to high to get it from your side...
Jabro J29 series; 60deg single flute engraving tools in 3, 4, & 6mm shank diameters.
@@Icutmetal Thank you very much. I think the company is now called SECO right? Looks like decent engraving endmill. I will have to see if I can get my hands on one.
Wim's Mill Correct; Jabro is a Seco brand, just as with Niagara Cutter, but Niagara doesn’t offer engravers.
Great talk! I loved it as a small business owner. Considering you know a lot more small business owners maybe this could be e new series??? I could watch this for hours!