In this episode of MakingChips, we dive into the entrepreneurial mindset, drawing inspiration from three of the most influential figures in modern business: Titan Gilroy, Elon Musk, and Steve Jobs.

Through clips from these legendary leaders, we explore the grit, vision, and resilience required to launch and grow a business in the challenging world of manufacturing. As we share our experiences and reflect on the realities of entrepreneurship, you'll gain a firsthand look at the mindset necessary to succeed—if you dare to take the plunge.

This episode is essential for anyone considering starting their own shop or those who want to understand the raw, unfiltered truth behind the entrepreneurial journey.

The discussion isn't just motivational; it's practical, offering insights into what it takes to thrive in an industry where failure is common, but resilience and a solid vision can make all the difference.

From Titan's relentless drive to Elon Musk's brutal honesty about the pain of entrepreneurship, and Jobs' revolutionary approach to business, this episode covers the essentials that go beyond strategy—delving into the mental toughness and perseverance needed to push through the toughest challenges.

You'll also hear personal stories from the hosts about their own journeys, highlighting the importance of a strong support system and the willingness to ask difficult questions. Whether you're just starting out or already running a business, this episode offers invaluable lessons from some of the brightest minds in entrepreneurship.

Segments

(0:00) The importance of mindset and affirmations in entrepreneurship
(0:44) Take the Modern Machine Shops Top Shop Survey
(3:57) The harsh realities of starting a business and why it's not for everyone
(4:49) What's the mindset of an entrepreneur, and why is it critical?
(7:55) Grit: Titan Gilroy's approach to resilience and vision in business
(10:34) Being an entrepreneur means solving the hardest problems in your business
(14:14) Entrepreneurs need to embrace humility and be willing to ask for help
(15:40) The importance of building a team around you and having a support network
(17:45) Grow your top and bottom line with CliftonLarsonAllen (CLA)
(18:25) Sometimes a business needs a purpose that's beyond you
(20:19) Elon Musk's brutally honest perspective on the hardships of starting a company
(28:23) Steve Jobs' philosophy on business and challenging the status quo
(31:51) The power of differentiation—what makes you disruptive?
(34:41) What can you learn that's critical to the mindset of an entrepreneur?
(37:03) Take the Top Shops Survey and allow it to change your mindset

Resources mentioned on this episode

Take The Modern Machine Shop Top Shops Survey
Grow your top and bottom line with CliftonLarsonAllen (CLA)
Titan Gilroy
Elon Musk Clip
Steve Jobs Clip

Connect With MakingChips

108: David Stein, Creator of "Money For the Rest of Us"