94. How Losing a Machine Shop Led to Gabe Draper's Calling
Description
Some conversations stay with you long after you hit "stop" on the recorder—and my time with Gabe Draper is absolutely one of them. I've known Gabe for years, but I never fully understood the depth of the journey he endured as he attempted to take over, stabilize, and ultimately shut down the family machine shop. His story isn't just informative; it's gut-wrenching, enlightening, and, ultimately, incredibly redemptive.
In this episode, Gabe walks me through the emotional roller coaster of trying to save a failing shop, the painful impact of relying too heavily on one industry, and the personal toll that comes with missing payroll, laying off loyal teammates, and breaking the news to family. He opens up about the lowest day of his life—standing in a bank beside his pregnant wife, signing loan documents just to keep the lights on. It's raw. It's honest. And it's a reality far too many shops live too close to.
But this isn't a story of defeat. Gabe's experience became the crucible that forged his passion for helping job shops grow. Today, he's the CEO of Factur, a company dedicated to solving the exact problem that led to his shop's collapse: the lack of consistent, proactive sales. The contrast between where he's been and where he's landed is powerful, and it's a reminder that failure—while brutal—can become one of our greatest teachers.
My hope in sharing Gabe's story is simple: to help other shop owners avoid the same painful outcomes, especially when the warning signs are subtle. This episode is a cautionary tale, a leadership lesson, and, ultimately, a story of resilience. I'm grateful Gabe trusted this community enough to tell it.
You will want to hear this episode if you are interested in...
- (0:54 ) Paul sets the stage: why Gabe's story matters
- (2:51 ) Gabe introduces himself and shares his manufacturing lineage
- (5:55 ) Taking over the struggling family shop
- (7:02 ) Check out the SMW catalog for effective workholding
- (7:45 ) Chasing revenue and landing major oil & gas work
- (10:00 ) Attempting DIY automation to keep up with demand
- (11:17 ) Six years of financial strain and missed payroll
- (13:25 ) Raising money and carrying the weight of debt
- (15:03 ) Slow diversification and overexposure to oil & gas
- (17:01 ) Closing the shop and the personal and professional impact
- (21:21 ) Managers launching their own shop using Gabe's equipment
- (23:11 ) The birth of Gabe's son and preparing for what becomes a disastrous auction
- (26:05 ) Facing investors, vendors, and friends with honesty
- (27:30 ) Why we created Hire MFG Leaders — and why you should use it
- (27:57 ) Selling for other shops out of necessity — the seed for Factur
- (29:12 ) How Gabe learned to sell and the fundamentals of shop sales
- (32:42 ) Why every shop must look credible online
- (34:07 ) Maximizing current customers and referrals
- (35:10 ) Networking outside the shop to drive growth
- (37:45 ) Grow your top and bottom line with CLA
- (38:23 ) Why you must always sell — especially when busy
- (42:04 ) The "valley of death" between $5M–$10M
- (43:58 ) The essential role of manufacturing
- (46:46 ) The three-legged stool: operations, finance, sales
Resources & People Mentioned
- Check out the SMW catalog for effective workholding
- Why we created Hire MFG Leaders — and why you should use it
- Grow your top and bottom line with CLA
Connect with Gabe Draper
- Facturmfg.com
- Gabe@facturmfg.com
- Connect on LinkedIn
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Audio Production and Show Notes by - PODCAST FAST TRACK



