Manage episode 522463310 series 3589672
Most fab shops talk about culture. Marc and Mike Goodhart had to rebuild theirs.
From stepping into a fifth-generation family business… to confronting the hard truth that you can't "muscle" your way into leadership… to reshaping a 90-year-old company around accountability, clarity, and people—the Goodhart brothers' story is a blueprint for every shop trying to build something that lasts.
In this episode, Marc and Mike open up about the real work behind succession, culture, profit-sharing, next-gen recruiting, and running a family business with honesty and humility. Their insights are raw, practical, and grounded in decades of lessons learned the hard way.
It's not just about fabrication. It's about building a shop people are proud to be part of.
In this episode, you'll learn:Why leadership in a family business must be earned, not inherited
How to rebuild culture by simplifying values and setting expectations
The surprising reason employees want family succession
How Goodhart Sons partners with schools to attract the next generation
Why dignity matters—even when letting someone go
How profit-sharing creates ownership and stability for shop-floor workers
What it takes to sustain a 90-year legacy in a modern industry
03:30 – The Goodhart Legacy: How a 90-year-old fab shop survives into Gen4 and Gen5. 05:50 – Earning Your Place: Why ownership in a family business must be earned, not inherited. 11:47 – Next-Gen Recruiting: How Goodhart Sons partners with schools to attract young talent. 20:23 – Firing With Dignity: The philosophy behind treating people well—even on the way out. 26:08 – Profit Sharing Explained: How their compensation model protects jobs and builds loyalty. 29:12 – Culture Simplified: Turning 12 legacy objectives into a modern, memorable culture system.
Resources:
Join our Facebook Group for conversations that will help grow your business: https://www.facebook.com/share/g/1Dspnz4Qt5/ Connect with Goodhart Sons on LinkedIn: https://www.linkedin.com/company/goodhart-sons-inc/ Goodhart Sons Website: https://www.goodhartsons.com/ Lights Out Podcast: https://makingchips.com/show/lights-out/ Buy the Numbers Podcast: https://makingchips.com/show/buy-the-numbers/
52 episodes