Speaker:

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.