John and Connie: Hi, and welcome to another episode of Celebrating
Speaker:Small Family Businesses where we feature passion in action.
Speaker:And today we are celebrating Mike and Roggen Frick of Bear Iron Works.
Speaker:Hi Mike.
Speaker:Hi Roggen.
Speaker:How are you?
Mike Frick:Good.
Mike Frick:How are
Roggen Frick:Doing.
Roggen Frick:John and Connie: Wonderful.
Roggen Frick:Thanks for having us on.
Roggen Frick:John and Connie: So you guys are father and son.
Mike Frick:yes.
Mike Frick:John and Connie: I'd love to hear the story of how Bear Iron Works got started.
Mike Frick:Did it grow from another business you had, or is it.
Mike Frick:I'll let Roggen go here in a second, but I'll, I'll tell you my part.
Mike Frick:So I just started building some rock screens, small ones.
Mike Frick:The, the industry had a lot big ones, but we, no one was building any small
Mike Frick:ones, so I just had some iron and, and so I built a few, put 'em on Craigslist.
Mike Frick:And then, uh, Roggen, he learned how to weld and fabricating them.
Mike Frick:Uh, I didn't do it as a business at the time, necessarily.
Mike Frick:Uh, just some extra income.
Mike Frick:And then when Roggen went to college, he can, he can take it from there.
Mike Frick:John and Connie: Did you have another business at the time
Mike Frick:or were you employed by a.
Mike Frick:yeah, I had a construction business, which Roggen worked with me
Mike Frick:through since he was like four years old.
Mike Frick:He was, he, he hung out
Mike Frick:John and Connie: I hope he got paid well.
Mike Frick:he,
Roggen Frick:Yeah,
Mike Frick:hung out with me a lot.
Roggen Frick:that's, that's where I learned how to weld and operate equipment.
Mike Frick:Yeah.
Mike Frick:He, he could run a backhoe.
Mike Frick:By the time he was, uh, three or four years old, he was running big excavators.
Mike Frick:Literally, he could do it.
Mike Frick:Dozers, dump trucks.
Mike Frick:John and Connie: cool.
Mike Frick:Yep.
Roggen Frick:Yeah.
Roggen Frick:then, so when I went to college, um, I have.
Roggen Frick:My I race motocross is a hobby of mine and needed to have a place where I could
Roggen Frick:store my, my dirt bike and work on it.
Roggen Frick:And storage units aren't very fond of you working on stuff there.
Roggen Frick:So, uh, I needed to get a shop and so Mike suggested that why don't you
Roggen Frick:make some of these grizzlies and you can sell enough to pay for a shop
Roggen Frick:so you can have a place to do that.
Roggen Frick:So I got a shop and started making these grizzlies and I built a website
Roggen Frick:and so I could advertise 'em online.
Roggen Frick:And then pretty soon I start getting quite a bit of demand for these
Roggen Frick:rock screens, even though I wasn't marketing them very, uh, hard.
Roggen Frick:And so I got a, classmate of mine.
Roggen Frick:I recruited him.
Roggen Frick:I had him running my saw and I was gonna teach him how to weld so he can help me
Roggen Frick:put it together and do all the welding.
Roggen Frick:And within six months I had already moved into an even bigger shop with four Bays.
Roggen Frick:Had a forklift, hired another part-time employee from the college
Roggen Frick:and was teaching 'em how to weld and started putting these together.
Roggen Frick:it was getting to the point that it was a little bit too big
Roggen Frick:handle going to school and running this business at the same time.
Roggen Frick:'cause I was doing the accounting.
Roggen Frick:I was making the products.
Roggen Frick:I was delivering the products.
Roggen Frick:I was like kind of a one man show with those, my two part-time
Roggen Frick:employees picking up the slack.
Roggen Frick:So we shut it down and I focused on schooling and I didn't have
Roggen Frick:any plans of starting to back up.
Roggen Frick:I was just gonna go and work in commercial construction and
Roggen Frick:do construction management, which is what my degree was in.
Roggen Frick:And, about the time that I start, uh, getting my job and getting started,
Roggen Frick:um, Mike was working at Kiwit, is a very large construction company, and
Roggen Frick:he was working a lot of hours and he was kind of getting tired of that.
Roggen Frick:And he calls me and he says, Hey.
Roggen Frick:Do you think that grizzly business is a, a good idea?
Roggen Frick:And when I say grizzly, they're called grizzly rock screens,
Roggen Frick:is what the product is called.
Roggen Frick:I said, do you think that that grizzly business is a good idea?
Roggen Frick:Do you think that that could become like a full-time job for us?
Roggen Frick:I said, oh yeah.
Roggen Frick:'cause I was barely marketing it and it was getting enough demand to keep us busy.
Roggen Frick:So I think if we put our efforts towards it, I think we can make it happen.
Roggen Frick:Um, that's when Mike came on board and he started the business back up and I
Roggen Frick:was just gonna be part-time support and.
Roggen Frick:I'll let you kind of take it from there with growing the operations side of it.
Mike Frick:Yeah, so I, I started it back again because he already had the website.
Mike Frick:I was, he just basically had to trigger the website backup and going again,
Mike Frick:and, I was building, building them out of a small, I didn't have a shop
Mike Frick:at the time, so my mom and dad had a. Some acreage and they had a very
Mike Frick:small shop, very small, uh, 16 by 20, and I was building a few out of there.
Mike Frick:And then I was like, man, this thing's going again.
Mike Frick:It really is.
Mike Frick:And, and this is COVID.
Mike Frick:We're we're talking August,
Roggen Frick:August of 2020
Mike Frick:of
Roggen Frick:is when we
Roggen Frick:John and Connie: Wow.
Roggen Frick:Yeah.
Mike Frick:And uh, funny thing was, is one of my first customers was Kiwi,
Mike Frick:My old employer, they didn't even know who I was when they called they
Mike Frick:needed one on the East coast, uh, in, we're in Grand Junction, Colorado.
Mike Frick:So anyways, they, um, so I had moved into a little bit bigger shop.
Mike Frick:I Demand was there.
Mike Frick:I got an employee and we got into 2,400 square feet.
Mike Frick:And then next thing you know, uh, Roggen had spent a year at a fairly good
Mike Frick:sized construction company, building schools, re renovating schools, and.
Mike Frick:Um, his fiance says, Hey, we we're, we're going to South Carolina, basically,
Mike Frick:like she's going to law school there.
Mike Frick:And so Roggen's like, Hey, do you think I can go full-time there?
Mike Frick:And I'm like, I think we can.
Mike Frick:I think you can do it.
Mike Frick:So, at that point in time, I think it was, I think the timing was about the same
Roggen Frick:It was about that time.
Roggen Frick:Yeah.
Mike Frick:a 9,000 square foot shop where we're at now.
Roggen Frick:Mm-hmm.
Roggen Frick:John and Connie: Wow.
Mike Frick:And
Roggen Frick:And then.
Mike Frick:in my wife, uh, Darlene.
Mike Frick:She's, she's part owner, so we're all the third owner and she does the books and
Mike Frick:John and Connie: got an an attorney in the family too.
Roggen Frick:Uh, about to be, she just, just, uh, graduated this last weekend.
Roggen Frick:Uh,
Roggen Frick:John and Connie: Oh, congratulations.
Roggen Frick:you.
Roggen Frick:John and Connie: Now I can almost have your life back.
Roggen Frick:I'm imagining that was a long haul from stories I've heard.
Roggen Frick:It, it was, and you know, it was, uh, I, even though it
Roggen Frick:was gonna kind of disrupt my life and move across the country, I saw it
Roggen Frick:as an opportunity to get out of the working, trying to climb the corporate
Roggen Frick:ladder and kind of do my own thing.
Roggen Frick:and I just got here and I sat down.
Roggen Frick:I said, okay, what can I do remotely?
Roggen Frick:So I started focusing on marketing efforts.
Roggen Frick:I started focusing on putting software into the business that can
Roggen Frick:help us manage it efficiently as well as manage it remotely since.
Roggen Frick:I'm not there the whole time.
Roggen Frick:Um, then just trying to focus on customer relations on the East Coast.
Roggen Frick:Since I'm here, you know, I might as well go meet some of these customers out here.
Roggen Frick:That way we can have a good outreach, uh, pretty much wherever we're at.
Roggen Frick:And so I just started working on that.
Roggen Frick:I implemented a software called Fulcrum into the company, and what
Roggen Frick:it does is it manages our, it keeps track of all of our inventory.
Roggen Frick:It has an AI scheduling tool in it that automatically schedules our jobs.
Roggen Frick:I just started tying all the softwares together.
Roggen Frick:I started launching an e-commerce front on the business so that we could
Roggen Frick:actively sell the products, um, and like let the customers kind of customize
Roggen Frick:them a little bit on the website.
Roggen Frick:Um, and then the other thing that we did at about this time is we hired an
Roggen Frick:operations manager to actually manage the operations as well as, uh, we were looking
Roggen Frick:for somebody who understood logistics.
Roggen Frick:'cause that was kind of a weak spot in our knowledge where, you know, trying to ship
Roggen Frick:a big piece of equipment like this, 'cause these things weigh one, two, 3000 pounds.
Roggen Frick:Trying to ship this all the way across the country at a price that
Roggen Frick:somebody wants to pay is difficult if you don't know what you're doing.
Roggen Frick:Um, so our operations manager, he is, he has a background in that and right away
Roggen Frick:he just started setting everything up and getting that so we can actually, you know.
Roggen Frick:is like, kind of like a industrial Amazon in a way.
Roggen Frick:Even though we're a smaller company, you know, we're selling these online.
Roggen Frick:You can just go add it to your cart, check out, and we're gonna get it made,
Roggen Frick:put on a truck, and ship directly to wherever you need it.
Roggen Frick:John and Connie: Dang.
Roggen Frick:Yeah, that's definitely not UPS, uh, delivery material.
Roggen Frick:That's,
Roggen Frick:No, it's not.
Roggen Frick:John and Connie: that's a whole other, kinda kind of takes it to the next level.
Roggen Frick:Whoa.
Roggen Frick:Yeah.
Roggen Frick:John and Connie: Wow.
Roggen Frick:So many things here.
Roggen Frick:So I I I mean, right away it sounds like you set the business or is this true?
Roggen Frick:It it, did you set it up right away to be both of you remote or, or did that evolve?
Roggen Frick:I know Roggen and you were remote 'cause you were in the Carolinas,
Roggen Frick:but what about you, Mike?
Mike Frick:Yeah.
Mike Frick:Yeah.
Mike Frick:I mean that what had happened is just outta timing.
Mike Frick:My, my wife had a. We will call it a situation.
Mike Frick:She was a nurse, she was managing at a hospital here in Grand Junction.
Mike Frick:And um, so we had the opportunity to go to Phoenix and um, I've always
Mike Frick:wanted to move to Arizona anyways.
Mike Frick:And about that time r had already said, Hey, I'm gonna, we're
Mike Frick:getting this thing done remotely.
Mike Frick:And it was going great, you know, I mean, it was pretty neat.
Mike Frick:Um, I'm like, well, I looks like I can do the same thing.
Mike Frick:That's our, been our goal for the company to, to work for us instead
Mike Frick:of we working for the company.
Mike Frick:Maybe we, you know, you always hear that.
Mike Frick:And so that's kinda where we're still striving to get to.
Mike Frick:And, uh, it's, it's been working pretty good.
Mike Frick:I mean, it's not without problems here and there.
Mike Frick:We, you're always, you know, you're always gonna have something come up.
Mike Frick:It's constant.
Mike Frick:But we're as, as a team, we're, we do, well, I mean, we.
Mike Frick:Um, I thinking I've said this to a lot of people, I've a movie about Henry Ford
Mike Frick:and his son and I, I, it hit, really hit home for me I didn't wanna, um,
Mike Frick:restrict Roggen in anything that he did with the company because I know that
Mike Frick:he's got the talent to, you know, bring in new things that I've never heard of.
Mike Frick:Especially, you know, managing this company with this fulcrum.
Mike Frick:And letting them do that and, and all kinds of things.
Mike Frick:So, we all get together once a week and we all have a meeting
Mike Frick:between my wife, Roggen, and myself.
Mike Frick:We, uh, have a meeting and we talk about whatever needs to
Mike Frick:be talked about make decisions.
Mike Frick:And we don't really hold anything against anybody.
Mike Frick:We just kind of work through it.
Mike Frick:John and Connie: You have a business meeting.
Mike Frick:Yeah, we do.
Mike Frick:We, we, we do, we, we've separated our, um, kind of our family.
Mike Frick:Um, I guess you might say, and we consider everybody a business manager.
Mike Frick:You know, just like if he was a real business and he wasn't
Mike Frick:related to him, and that's kind
Mike Frick:John and Connie: How
Mike Frick:we operate.
Mike Frick:John and Connie: smart.
Mike Frick:Wow.
Mike Frick:You guys, I mean, you're just nailing it one after another, after another.
Mike Frick:This is, um, but for, for what you know has worked.
Mike Frick:Yeah.
Mike Frick:And what works.
Mike Frick:You, you brought managing those roles, kinda changing hats and, and you know,
Mike Frick:being able, like Roggen, right when we first started, you, you referred
Mike Frick:to your dad as Mike instead of dad.
Mike Frick:And that that's huge.
Mike Frick:Right there, you know, separating those roles in the business.
Mike Frick:You know, we're, we're three partners and then, you know,
Mike Frick:family is a separate thing.
Mike Frick:Yes, they mix, but in each realm, one has to be dominant.
Mike Frick:And if you get them mixed up, boy you got troubles.
Mike Frick:Yep.
Roggen Frick:Yeah, I think we're pretty good at drawing a line of
Roggen Frick:like, when it's time for business, you know, and we need to talk about
Roggen Frick:business and get business done.
Roggen Frick:But then when it's time to be a family and go do have family affairs and do
Roggen Frick:whatever it is we're doing, we say, Hey, we're not gonna talk about business.
Roggen Frick:We're gonna focus on whatever we're doing, whether it's a vacation or having
Roggen Frick:a holiday or whatever it might be.
Roggen Frick:you know, that's when from nine to five, he's Mike, but after that he's Dad.
Roggen Frick:John and Connie: Yeah.
Roggen Frick:Yeah.
Roggen Frick:Roggen, growing up you said, I think you started working for the company,
Roggen Frick:uh, for your dad's construction company, maybe at five and, and learning to
Roggen Frick:run equipment and all that stuff.
Roggen Frick:What was that like growing up?
Roggen Frick:Was, was there, uh, any sense of pressure or expectation around
Roggen Frick:what the future would be of that?
Roggen Frick:Or was it just, hey, you're here while you're here?
Roggen Frick:You know, uh, it was something that was like.
Roggen Frick:I'm here, might as well learn.
Roggen Frick:I mean, I wasn't forced to work or anything like that.
Roggen Frick:I could hang out in the truck.
Roggen Frick:I would, I'd have a dirt bike or a four wheeler and I'd go ride
Roggen Frick:around, 'cause the work that he did was mainly abandoned mine closures.
Roggen Frick:And so we're working up in the mountains and stuff so I can go explore and,
Roggen Frick:you know, check out the trees, do some sightseeing, but come back and he'd show
Roggen Frick:me how to run an excavator and how to do some work and let me swing some dirt.
Roggen Frick:and then as I got older.
Roggen Frick:You know, when I got into high school and got to driving age,
Roggen Frick:it was a great summer job.
Roggen Frick:You know, I could learn how to weld.
Roggen Frick:I was even managing a little crew of like two or three people on
Roggen Frick:one project when I was like 17.
Roggen Frick:Um, but I didn't have any pressure to go into construction.
Roggen Frick:I actually was gonna go into movie making, is what I was originally gonna do.
Roggen Frick:And, uh, he, he had no influence on my decision of what I
Roggen Frick:wanted to do with my career.
Roggen Frick:But.
Roggen Frick:I just started looking at everything and said, you know, there's a lot of
Roggen Frick:people that wanna make movies and it's a very hard industry to get into, and
Roggen Frick:I'm not sure if I necessarily like that industry as much, where I already
Roggen Frick:know quite a bit about construction.
Roggen Frick:I'm already in a pretty good for it.
Roggen Frick:I might as well just go double down, get the degree and see
Roggen Frick:what I can do with it from there.
Roggen Frick:John and Connie: Well done.
Mike Frick:Well, and then my
Roggen Frick:Thanks.
Mike Frick:was a construction guy and so he had his own business
Mike Frick:too before, you know, back I was born, just about, um, and so Roggen
Mike Frick:would go stay with my mom and dad.
Mike Frick:My dad always had a backhoe around.
Mike Frick:So Roggen always wanted to run the backhoe, and my dad would say,
Mike Frick:okay, just dig this trench here and come get me when you're done.
Mike Frick:And he gets to play out there, on a chunk of land.
Mike Frick:He just dug trenches and backfilled them and learned how to run a backhoe.
Mike Frick:And then
Mike Frick:John and Connie: Oh, that's wonderful.
Mike Frick:know, I don't forget that one, but, so I did a lot of oil field work too.
Mike Frick:And he did, we did a big oil reclaim pit, a lot of mud and I think, I
Mike Frick:don't know how old he was then.
Mike Frick:How old was you then when you run that dozer?
Roggen Frick:I was, think about 13,
Mike Frick:13.
Roggen Frick:14, something like that.
Mike Frick:I mean, it was, it
Roggen Frick:Um.
Mike Frick:major.
Mike Frick:I mean, he is in mud.
Mike Frick:The, the mud's about to come up into the cab and he could back out of it.
Mike Frick:He, he'll learn how to run that dozer without getting stuck.
Roggen Frick:It set me up pretty well.
Roggen Frick:I mean, when I entered the construction workforce, a lot of the problem that
Roggen Frick:we have in construction management is you get kids that, know, you either get
Roggen Frick:somebody that has the field experience or somebody that's educated in it,
Roggen Frick:but not a lot of people that are both.
Roggen Frick:And that really set me apart as a candidate for hiring.
Roggen Frick:Um, and it helped me excel.
Roggen Frick:'cause I had, I mean, I had like.
Roggen Frick:Every employer wants, you know, 20 years of experience when
Roggen Frick:you're right outta college.
Roggen Frick:And so
Roggen Frick:John and Connie: Yeah,
Roggen Frick:kinda had that, you know, I already had like a lot
Roggen Frick:of work experience under my belt.
Roggen Frick:I think it was a great opportunity,
Roggen Frick:John and Connie: you were the unicorn they were looking for.
Roggen Frick:That's right.
Roggen Frick:Oh my gosh.
Mike Frick:The funny, funny thing about that is, is he was working for
Mike Frick:a sizable company, uh, like I said, renovating schools straight outta
Mike Frick:college, and he, he thought he was gonna be a career with these people.
Mike Frick:And it was a, it's a good company.
Mike Frick:And, um, when he was, had, you know, decided to move to South Carolina,
Mike Frick:he went to him and, you know, said, Hey man, I'm, I'm quitting.
Mike Frick:And he was the project engineer there, kind of running the project and all.
Mike Frick:I then, then they invited him to a Christmas party.
Mike Frick:I think I got this story straight.
Roggen Frick:Mm-hmm.
Mike Frick:they offered to hire 'em back and buy the company.
Mike Frick:We'll just buy your, we'll just buy Bear Ironworks.
Mike Frick:And they offered him a sizable amount of money.
Mike Frick:So
Roggen Frick:Yeah.
Mike Frick:been offered two different contractors to buy the company and then
Mike Frick:they wanted Bo, the other contractor wanted both of us to go work for 'em.
Mike Frick:Uh, so, but
Mike Frick:John and Connie: That's a pretty big compliment right there.
Roggen Frick:Mm-hmm.
Roggen Frick:John and Connie: That's a self-confidence builder too.
Roggen Frick:Right?
Roggen Frick:Yeah.
Roggen Frick:John and Connie: Hey, and also confirmation that you're in the
Roggen Frick:right place at the right time.
Roggen Frick:Mm-hmm.
Roggen Frick:If people wanna, if people want you, then you're good.
Mike Frick:Yeah.
Mike Frick:John and Connie: Cool.
Mike Frick:Well, so one of the, sorry, go ahead.
Mike Frick:Yeah.
Mike Frick:It doesn't go without problems.
Mike Frick:I mean, we have our problems and employee problems or logistical
Mike Frick:problems of some sort, and gotta get together and talk about things
Mike Frick:and figure out what we need to do.
Mike Frick:Ain't all, you know, roses all the time.
Mike Frick:John and Connie: Oh, no, no.
Mike Frick:It never is.
Mike Frick:And you'd be bored if it was.
Mike Frick:So
Roggen Frick:All.
Mike Frick:we get to go and we have some major problems that we
Mike Frick:have to deal with and we're like, oh my gosh, we gotta deal with this.
Mike Frick:And then I think Rogan and I especially, and my my wife, we, we
Mike Frick:kind of sit back and go, no, you know, we're not working for somebody.
Mike Frick:Remember those days when we was working for somebody and how,
Mike Frick:how we didn't want to be there?
Mike Frick:And even when we have those problems, we're like, you know
Mike Frick:what, I still want to be here.
Mike Frick:John and Connie: Yeah, because you can be the one to decide
Mike Frick:how to solve the problem too.
Mike Frick:Mm-hmm.
Roggen Frick:Right.
Roggen Frick:John and Connie: speaking of that, challenges or problems, what is something
Roggen Frick:that you've overcome together that that's noteworthy that maybe other
Roggen Frick:small business owners could learn from?
Mike Frick:Boy, I, no, there's been a few.
Mike Frick:If you wanna talk about any.
Roggen Frick:I mean, I think one of the bigger ones was, um,
Roggen Frick:we hit a point, I think it was when I was coming on full-time.
Roggen Frick:It may have been before when I was still working for the general
Roggen Frick:contractor and I was still kind of part-time helping the business.
Roggen Frick:But, we ran into an issue with cash flows and we were doing net 30 terms
Roggen Frick:and we didn't necessarily have enough capital to kind of finance that.
Roggen Frick:And so we hit this point where it was like, if we don't do something
Roggen Frick:right now, we're not gonna be able to hit payroll or anything like that.
Roggen Frick:And so we all got together and just started brainstorming ideas, looking
Roggen Frick:at where the finances are, looking at what money's coming in, thinking
Roggen Frick:about, okay, how can we go about this?
Roggen Frick:Um, something that we had done up to, uh, until like a couple months
Roggen Frick:ago, is we hadn't taken on any debt.
Roggen Frick:At all to do the company.
Roggen Frick:It was self-funded and it was self growing.
Roggen Frick:but when you get into a situation like that where you gotta look, start
Roggen Frick:looking at like the cost of capital and like how much does it take or how
Roggen Frick:much does it cost to take out a loan?
Roggen Frick:Is that worth it?
Roggen Frick:You know?
Roggen Frick:'cause you're gonna be losing money and interest.
Roggen Frick:And that's when we all got together.
Roggen Frick:We looked at the problem.
Roggen Frick:We said, okay, what if we start identifying certain customers
Roggen Frick:that we can pay up front?
Roggen Frick:Because some customers pay late.
Roggen Frick:We're, we're offering credit to every single person that wants to buy a product.
Roggen Frick:And that's not the best way to go about it because some people aren't gonna pay back.
Roggen Frick:they're definitely not gonna pay back on time, all of them.
Roggen Frick:Um, and it's, it's hard to build the product, buy the steel, and do
Roggen Frick:all the work first and try to get it shipped to them and then wait 30
Roggen Frick:to 60 days for payment when it only takes a week to build the product.
Roggen Frick:You know, it's taken longer to get payment about five times as
Roggen Frick:long than to take the build it.
Roggen Frick:It.
Roggen Frick:And so, um, that's when we decided that we would kind of start moving towards an
Roggen Frick:e-commerce type system where we can sell the products and get the money up-front
Roggen Frick:for the manufacturing, for the custom orders, um, and help the cash flow.
Roggen Frick:Because now that we have some of the money up front, at least from certain
Roggen Frick:customers, we can keep that moving forward and keep production moving.
Roggen Frick:And if production's moving, then it's gonna lower our lead
Roggen Frick:times and everything like that.
Roggen Frick:So now we're to the point, because of how we've managed it, that we have a
Roggen Frick:good cash flow through the business.
Roggen Frick:We can offer terms to customers that go through our credit approval process.
Roggen Frick:Um, so we can still, you know, serve those types of customers.
Roggen Frick:But at the same time, uh, we're able to sell directly to some customers
Roggen Frick:and we also keep inventory the most popular products as well.
Roggen Frick:That way we can ship 'em right away.
Roggen Frick:John and Connie: Strong lesson.
Roggen Frick:Yes.
Roggen Frick:Cash flow is, uh, is so critical and a lot of businesses don't, just don't
Roggen Frick:realize how important it is, and especially when you're growing, right?
Roggen Frick:Because you can grow into a cash flow crunch that you don't see coming.
Roggen Frick:right?
Roggen Frick:Yeah.
Roggen Frick:And it's uh, that's something that they taught us in construction management.
Roggen Frick:You know, 'cause you're looking at a construction project.
Roggen Frick:You're looking at at least 60 days before you get paid, uh,
Roggen Frick:depending on how it all goes, right?
Roggen Frick:But you gotta pay your payroll beforehand.
Roggen Frick:You gotta pay your materials beforehand.
Roggen Frick:And so how do you manage a multimillion dollar project while also keeping
Roggen Frick:the cash in front of it and they teach you certain techniques
Roggen Frick:there, um, on how to manage that.
Roggen Frick:And I think that's something that a lot of people kind of overlook,
Roggen Frick:um, when they're running their own businesses or running construction.
Roggen Frick:Is making sure that there's enough cash up front to keep flowing through that,
Roggen Frick:because that's something that, you know, it doesn't matter how many sales
Roggen Frick:you have, if you can't afford to start the first one, then it's gonna tank,
Roggen Frick:John and Connie: Right, right.
Roggen Frick:Or if you can't deliver what you, what somebody's ordered because you hit
Roggen Frick:a cashflow crunch and, and, and then they cancel the order and go somewhere
Roggen Frick:else and that can spiral real fast
Roggen Frick:Yeah, yeah.
Roggen Frick:And you
Roggen Frick:John and Connie: and then it becomes a matter of reputation and all that out.
Mike Frick:Yeah.
Roggen Frick:Yeah, and you never wanna find yourself in a position where you're
Roggen Frick:in a cashflow crunch and you might not be able to make a debt payment,
Roggen Frick:because if that happens, then know, well, the next time I go to try to
Roggen Frick:get some credit from someone, they're probably not gonna give it to me.
Roggen Frick:John and Connie: Right, right.
Roggen Frick:actively managing that is important.
Roggen Frick:John and Connie: Cool.
Roggen Frick:What's another favorite question we ask?
Roggen Frick:My, my favorite question is, what have you learned about each other in
Roggen Frick:this whole process because, you know, especially father, son, you know, you
Roggen Frick:had, you know, a certain view sometimes of what you think or what you hope,
Roggen Frick:and then you're in a business here.
Roggen Frick:So, and, and same thing back to you Roggen to to dad of, you know,
Roggen Frick:he's dad and has a certain role.
Roggen Frick:So what have you learned about working together?
Mike Frick:I, I knew that Roggen did very well in school.
Mike Frick:I guess I encouraged him to let loose, so he rides motocross.
Mike Frick:So he'll, I mean, he is, he is kind of this kid that I would describe to somebody
Mike Frick:that he's a nerd, but you'll never tell it by looking at him or talking to him
Mike Frick:John and Connie: Cool.
Mike Frick:because he's, he's, um, very intelligent.
Mike Frick:But, um, I, I guess I've seen that a lot more.
Mike Frick:You know, he, I know that he was good at what he did at when he come outta college.
Mike Frick:Then, you know, coming into the company I worked with a lot of young engineers
Mike Frick:coming outta college and I worked for Kiwi and um, he uh, he was one of those
Mike Frick:guys that , the superstar type guy.
Mike Frick:And I'm not saying that's 'cause he's my son.
Mike Frick:He was at the company he was at before too.
Mike Frick:Um, it sounds a little bit braggy, but, um, but, but he's been a
Mike Frick:huge help in growing this company.
Mike Frick:It's been pretty awesome.
Mike Frick:And
Roggen Frick:and I think, uh.
Mike Frick:takes on a lot of role and I don't have to worry about things a
Mike Frick:John and Connie: There you go.
Mike Frick:maybe I do that a little bit too much sometimes and I'm like,
Mike Frick:oh man, I gotta get more involved.
Mike Frick:But yeah.
Mike Frick:John and Connie: He's got it.
Mike Frick:Roggen,
Mike Frick:What about you?
Roggen Frick:I think on, on my end, I think I learned, uh, how much, uh,
Roggen Frick:my dad's willing to listen to me.
Roggen Frick:Um, I
Roggen Frick:John and Connie: Wow.
Roggen Frick:think lot of parents probably wouldn't be so willing to give
Roggen Frick:the reins to their kid at this young of age and just say, Hey, let's roll with it.
Roggen Frick:Let's see what your ideas are and where we can get there.
Roggen Frick:And I think that's been very helpful.
Roggen Frick:Um, because even when it comes to things that, you know, Mike might not
Roggen Frick:understand, especially when it comes to like online marketing and SEO and trying
Roggen Frick:to get the website going, or automation with software, even if he doesn't fully
Roggen Frick:understand what it entails, he trusts that I do and he trusts that I'm going to get
Roggen Frick:something put in place that's gonna work.
Roggen Frick:um, I think without trust, something like this wouldn't be a feasible relationship.
Roggen Frick:John and Connie: Okay.
Mike Frick:Yep.
Mike Frick:John and Connie: So strong.
Mike Frick:Wow.
Mike Frick:I, I, I'm very curious.
Mike Frick:You said you, set this up to, to work remotely kind of from the beginning and
Mike Frick:you, you hired an operations manager that with a logistics experience.
Mike Frick:So, you know, I'm kind of calling these themes out so people hear it.
Mike Frick:You talked about roles really, you know, defining roles and, and also
Mike Frick:recognizing strengths and recognizing gaps and where, where you had a gap
Mike Frick:, you filled it with somebody that that strengthens the whole company that way.
Mike Frick:And, and that's, that's just really like smart.
Mike Frick:Smart.
Mike Frick:And so when you're managing remotely,
Roggen Frick:Mm-hmm.
Roggen Frick:John and Connie: how often do you go back to the headquarters and check in.
Mike Frick:I'm,
Roggen Frick:an owner there.
Roggen Frick:Yeah.
Roggen Frick:I'd say there's an owner there at least once a month out of one of us three.
Roggen Frick:The way that it's set up and the way that it's operating.
Roggen Frick:Our operations manager, he does an amazing job at making sure that
Roggen Frick:everything's ran the way that we want.
Roggen Frick:We tell him to do something and say, Hey, we wanna see an improvement
Roggen Frick:in safety, or We wanna see, an improvement in this operation, or We
Roggen Frick:need to change something and do this.
Roggen Frick:He asks the questions that he needs to know and then he runs with it.
Roggen Frick:And so we're fortunate in that sense of having a good guy in place.
Roggen Frick:But it's important for us to be there to be able to incorporate
Roggen Frick:our values in the business.
Roggen Frick:And to make sure that we have a good culture there and that we
Roggen Frick:reward and recognize the employees.
Roggen Frick:'cause we might not see, you know, the day-to-day operations, but we do see
Roggen Frick:their work because even though I'm all the way out here on the East Coast, I visit
Roggen Frick:customers and I see the products and I see how they're using them and I can see
Roggen Frick:if something was good quality or not.
Roggen Frick:So I'm seeing the end result even though I'm not seeing them actually
Roggen Frick:physically do it all the time.
Mike Frick:And I think one thing too is I was in business since I was 24.
Mike Frick:I started my own construction and really the whole time I was in business, I,
Mike Frick:I kind of failed really, because I was the only one making the decision.
Mike Frick:And it really bothered me that I couldn't get a construction company up and going,
Mike Frick:'cause I, I, I knew how to build things.
Mike Frick:I know how to do the work and I did it well.
Mike Frick:So I went to work for a company, um, and they, they were sizable.
Mike Frick:There was like a billion dollar a year type company and they,
Mike Frick:um, they didn't do things right.
Mike Frick:I, I, I'm really big about schedules.
Mike Frick:I think Roggen has learned that through construction management,
Mike Frick:the schedules is, is key.
Mike Frick:This company wouldn't hold to a schedule, they wouldn't plan
Mike Frick:and that they were making money.
Mike Frick:And I'm like, why?
Mike Frick:Why are they doing so well?
Mike Frick:So it was a father son thing and the son had just taken over and it wasn't
Mike Frick:the kind of dynamic that we have.
Mike Frick:He, he was just kind of going for it.
Mike Frick:But they had a bunch of guys that were high up in the management
Mike Frick:that helped make the decisions.
Mike Frick:And I thought to myself, you know, those guys are still making decisions.
Mike Frick:Those, they're, they're helping with the decisions.
Mike Frick:There's not one guy making the decisions.
Mike Frick:And I think when it's left up to one person making the
Mike Frick:decision, that is not a good plan.
Mike Frick:It's, it's very tough to grow because you could go, I'm just gonna go spend
Mike Frick:this money over here, and there's not somebody else over here questioning you.
Mike Frick:Why?
Mike Frick:Why you're gonna do that?
Mike Frick:So the three of us, so like I said, my wife, she does the books and she's
Mike Frick:got, she doesn't have the background in this, but she does have background
Mike Frick:in management and managing people and seeing things and, and we get together
Mike Frick:like that and we're able to make some really sound decisions doing thatt.
Mike Frick:I don't think the company would be as big as it is or as as
Mike Frick:successful if we haven't done that.
Mike Frick:John and Connie: Smart.
Mike Frick:Nice.
Mike Frick:Nice.
Mike Frick:So you both, you've both brought, I think lessons from a corporate environment
Mike Frick:Mm-hmm.
Mike Frick:John and Connie: bear in your, your business.
Mike Frick:I think when we, we had our pre-call, you said, uh, we're, we're running this as
Mike Frick:a corporation, not as a family business
Roggen Frick:Yeah,
Roggen Frick:John and Connie: talk.
Roggen Frick:there's a lot of different principles that they do, right, that
Roggen Frick:are kind of important to, to learn.
Roggen Frick:Like there's a reason corporations are successful, right?
Roggen Frick:And the things that they do.
Roggen Frick:Not saying every corporation runs perfectly, but there's common
Roggen Frick:principles that they all have, you know?
Roggen Frick:And one of being is like the company culture.
Roggen Frick:And developing that, that's something that small businesses
Roggen Frick:don't focus on quite a bit.
Roggen Frick:They, every company has a company culture, but not every company
Roggen Frick:knows what their culture is.
Roggen Frick:And so if you put some effort into developing that and saying, Hey,
Roggen Frick:you know, I want my employees to be happy, I want them to be relaxed
Roggen Frick:and I want them to have time off.
Roggen Frick:Right?
Roggen Frick:So that's one of the things we did is we do a four day, 10 hour a day work week.
Roggen Frick:So every weekend that our guys get is a three day work week, and that's
Roggen Frick:part of our company culture is we wanted to not overwork our employees.
Roggen Frick:And so you have it, whether you know it or not.
Roggen Frick:So make sure you develop it into something good, because if people like
Roggen Frick:working for you, then you're going to, everything kind of falls in line, right?
Roggen Frick:Like if people like being here, well then they're gonna take your safety
Roggen Frick:message and your messages about safety and they're gonna be safer.
Roggen Frick:And well, if they're safer, then they care about their job, their
Roggen Frick:quality's gonna fall in line, and then it just kinda all falls into place.
Roggen Frick:When you're managing with the culture from the top down, and that's what all
Roggen Frick:corporations do, and that's how you can hire anybody at a corporation any job
Roggen Frick:because everybody around them can assist them and Hey, this is how you do your
Roggen Frick:job, or This is how we do things here.
Roggen Frick:And that's how you can have a disconnect from the top all the
Roggen Frick:way to the bottom in a corporation.
Roggen Frick:And so we could try to do the same thing in our sense and pretend like
Roggen Frick:we're a business or big, like, I mean, we are a business, right?
Roggen Frick:John and Connie: You are?
Roggen Frick:Yeah.
Roggen Frick:I.
Roggen Frick:like, like a bigger business than
Roggen Frick:John and Connie: Right.
Roggen Frick:and give that presence and if you fake, fake
Roggen Frick:it till you make it, right?
Mike Frick:Yeah.
Mike Frick:John and Connie: no, it's, I, I would say sort of, but I
Mike Frick:would also say it's principles.
Mike Frick:You know, there's principle strategies and tactics.
Mike Frick:That's one of my things.
Mike Frick:And, and when you work, when you, well, maybe principles at the bottom, 'cause
Mike Frick:that's the foundation, and then strategies and tactics, tactics change all the time.
Mike Frick:But the principles are the guiding, you know, that's what guides, and,
Mike Frick:and you're talking about, you know, principles that, that build big companies.
Mike Frick:So those principles should be sound throughout any size company, if you
Mike Frick:get down to the principal level.
Mike Frick:Mm-hmm.
Roggen Frick:Mm-hmm.
Roggen Frick:John and Connie: Um, you know, we, we can't hire, um, just when it's
Roggen Frick:just the two of us, we can't hire a whole big staff and, you know, you're
Roggen Frick:this and you're that and you're that.
Roggen Frick:So, you know, that's more of a strategy, but the principles of, of, you know,
Roggen Frick:having defined roles and, and you know that everything that goes with that.
Roggen Frick:Communication, communicate, clear communication.
Roggen Frick:Yeah.
Roggen Frick:I don't know about our culture.
Roggen Frick:We're gonna have to talk about our culture.
Roggen Frick:I think might need adjusting as, as long as I'm in charge, it's okay.
Roggen Frick:That's the culture.
Roggen Frick:So what is next for Bear Iron Works?
Roggen Frick:So the upcoming year, we're looking to grow our product lines.
Roggen Frick:So we serve the civil construction industry.
Roggen Frick:Our main products are the rock screens, our bedding boxes, our concrete washout
Roggen Frick:tubs, our tracking pads, which all serve, um, mostly civil construction,
Roggen Frick:but also some of those products go into all sectors of construction.
Roggen Frick:But we're looking to expand our product lines to better serve those areas as well.
Roggen Frick:We just launched a new product called the Snow Pusher uh, we're
Roggen Frick:gonna offer for contractors that do snow plowing in the winter.
Roggen Frick:So it's attachment for a skidsteer.
Roggen Frick:and we're looking to launch some other products.
Roggen Frick:We got some other stuff in the works that we think will be good, um, and
Roggen Frick:then focusing on our marketing strategy.
Roggen Frick:That way we make sure that we can get our brand out there in front of everybody
Roggen Frick:that needs to hear about us and might have a need for our products and.
Roggen Frick:Uh, just continue growing, I think.
Roggen Frick:So we can get this thing running like a well lubricated machine.
Roggen Frick:John and Connie: Oh, that's wonderful.
Roggen Frick:Well, we will look forward to watching that growth.
Roggen Frick:So your website is Bear, BEAR right, like the grizzly bear, uh, but ironworks.com
Roggen Frick:Dot net.
Roggen Frick:John and Connie: right?
Roggen Frick:Uh, that's right.
Roggen Frick:I I, I see.
Roggen Frick:I thank you.
Roggen Frick:I knew there were, I hesitated there 'cause it's like, oh yeah.
Roggen Frick:Dot net; bearironworks.net.
Roggen Frick:Okay.
Roggen Frick:And.
Roggen Frick:Um, so you have e-commerce set, you have a store set up on there for people
Roggen Frick:to, to at least see the products and, and buy the, some of the smaller ones.
Roggen Frick:And if they want custom, they can customize it and, and then they can call
Roggen Frick:the company and order whatever they need
Roggen Frick:Yep,
Roggen Frick:John and Connie: as well.
Roggen Frick:all of our standard product lines, um, on our website.
Roggen Frick:You can just click and buy.
Roggen Frick:we have all the most popular configurations and everything
Roggen Frick:that you need on there.
Roggen Frick:Um, but o obviously, you know, uh, some people need something a little
Roggen Frick:bit specific for what they're doing, and we're always willing to, help
Roggen Frick:you find the solution that you need.
Roggen Frick:Um, and so we'd like to, if anybody that listens to your podcast needs
Roggen Frick:any of our products, you know, we like to, we're a small business.
Roggen Frick:We like to help small businesses as well, so we like to offer a discount, um, to
Roggen Frick:anybody they can use code, celebrate.
Roggen Frick:On our
Roggen Frick:John and Connie: Cool.
Roggen Frick:5% off of their entire order no matter how big or
Roggen Frick:John and Connie: Thank you.
Roggen Frick:Thank you.
Roggen Frick:We'll put that in the show notes too and, and let everybody know.
Roggen Frick:And, uh, we'll have all your contact information on there too.
Roggen Frick:That
Roggen Frick:John and Connie: Is there a particular social media, uh,
Roggen Frick:platform that you put more effort into that you'd like mentioned?
Roggen Frick:Um, yeah, we're gonna be putting some more
Roggen Frick:effort into LinkedIn this year,
Roggen Frick:John and Connie: Cool.
Roggen Frick:Okay.
Roggen Frick:on Facebook, Instagram as well.
Roggen Frick:John and Connie: Okay.
Roggen Frick:All right.
Roggen Frick:So all three.
Roggen Frick:Wonderful.
Roggen Frick:Fabulous.
Roggen Frick:Well done on that too, by the way.
Roggen Frick:Yeah, that's, uh, amazing amount that takes effort and consistent
Roggen Frick:effort and, um, so yeah, and it's not easy keeping up with all that.
Mike Frick:And if you, if they
Mike Frick:John and Connie: I don't do it
Mike Frick:too, they, uh, we have links to our Facebook and YouTube,
Mike Frick:John and Connie: on the website.
Mike Frick:Cool.
Mike Frick:could click on there, watch our YouTube videos.
Mike Frick:About our
Mike Frick:John and Connie: You got some YouTube, right?
Mike Frick:That's right.
Mike Frick:Great.
Mike Frick:Is there any other words of wisdom you'd like to shout out to for
Mike Frick:listening audience or watching audience?
Roggen Frick:one of the themes I've been preaching is, uh, when
Roggen Frick:it comes to problems, because problems arise all the time.
Roggen Frick:Sometimes somebody causes the problem, sometimes the problem
Roggen Frick:just arises from somewhere where you might not have any control.
Roggen Frick:But, um, something that I learned in the corporate world.
Roggen Frick:Uh, I, I worked with really good project management teams and something
Roggen Frick:that we always focused on was when there's a problem, most people
Roggen Frick:sit there and they start trying to point fingers at whose fault
Roggen Frick:it is.
Roggen Frick:John and Connie: Hmm.
Roggen Frick:don't worry about that.
Roggen Frick:Try to focus on getting the problem solved first.
Roggen Frick:Get through it to the other side.
Roggen Frick:That way your operations can keep moving forward.
Roggen Frick:And once you're on the other side of it, then you can worry about, okay,
Roggen Frick:whose fault it is, because, know, maybe in that situation, maybe the
Roggen Frick:person's whose fault it is came up with the solution and they owned
Roggen Frick:that problem and they made it better.
Roggen Frick:So you wanna focus on blaming it after the problem's dealt with
Roggen Frick:after the result is, uh, seen.
Roggen Frick:John and Connie: Nice.
Roggen Frick:So smart and yeah, and avoiding that.
Roggen Frick:That way you're avoiding repetition.
Roggen Frick:If you focus afterwards, uh, it's much easier to see the whole picture
Roggen Frick:rather than just the initial panic.
Roggen Frick:Right.
Roggen Frick:Mm-hmm.
Roggen Frick:John and Connie: Nice.
Mike Frick:You can keep your calm the better off you are.
Mike Frick:John and Connie: Yes.
Mike Frick:Yes, exactly.
Mike Frick:Exactly.
Mike Frick:Wonderful words of wisdom.
Mike Frick:Thank you so much for spending this time with us, gentlemen.
Mike Frick:Thank you.
Mike Frick:You
Mike Frick:John and Connie: This was fun.
Mike Frick:Pleasure to meet you both.
Mike Frick:And, uh, like I said, we look forward to watching Bear Iron Works Grow.
Mike Frick:Yes,
Mike Frick:Visit, visit us again.
Roggen Frick:yeah.
Roggen Frick:John and Connie: we will.
Roggen Frick:We look forward to it.
Roggen Frick:Thank you.