Juggling Sports, Business, and Pasta: Steve Penkala's Entrepreneurial Journey Through Challenges and Triumphs

We're thrilled to welcome Steve Penkala, the entrepreneurial mind behind Wisconsin-based Binding Edge Inc., in today's riveting exchange. Imagine a sports fan comparing the performance of two of his favorite teams, the Philadelphia Phillies and the Green Bay Packers, to his own business. Steve, an ardent Packers aficionado, takes a unique perspective at how the principles of dynasty and legacy ripple through the sports and business worlds. Together, we navigate the delicate balance of continuous striving and avoiding the pitfall of complacency in both arenas.

Steve's journey from childhood to the helm of a successful company in the printing and paper converting industry is nothing short of inspiring. Hear about the audacious investment decision he made against his advisors' recommendations and the subsequent triumph that affirmed his risk-taking. When the corporate world and faith intersect, magic happens, and Steve, a man of faith, is determined to leave a positive and lasting legacy for his employees.

Of course, the path of entrepreneurship is strewn with challenges, and Steve's is no exception. The COVID-19 pandemic brought with it a unique hurdle – finding and retaining employees. We discuss Steve's strategies to combat this, including wage increases and automation investment, all while fostering a positive company culture. Steve's love for homemade Italian pasta and his commitment to his employees' well-being, even amidst business pivots during the pandemic, paint a picture of a leader worth emulating.

About Steve Penkala:
Steve Penkala is the founder and owner of Binding Edge, Inc. and Quality Coil.  He has 47 years experience in the printing, graphic finishing and paper converting industry. His experience ranges from machine operation, sales, sales management and business ownership. His ultimate goal is to integrate his faith into his workplace with the desire to have an eternal impact on those he works alongside.

Connect with Steve:
Website bindingedge.com
Website qualitycoil.com
LinkedIn linkedin.com/in/stevepenkala
LinkedIn linkedin.com/company/bindingedge
Facebook facebook.com/BindingEdgeInc

This episode is brought to you by Binding Edge, Inc., mechanical binding, finishing, and custom services with a “can-do” customer-focused attitude.  Go to bindingedge.com to learn more.

📅 New episodes every Wednesday—hit “Subscribe” now!

💬 Love the show? Let us know! Leave a quick rating & review here—your feedback helps us grow!

📲 Stay connected with Marc Bernstein:
➡️ Follow on Instagram | LinkedIn | Facebook

🎤 Got a success story worth sharing?
We’re always looking for visionary founders to feature! Apply here to be a guest on the Founders' Forum Radio Show & Podcast.

📩 Join our email list here so you never miss an episode.