They are considered “too small”! That is, until there’s an issue with a critical component they supply. Then they become the backbone of the industry. Small suppliers play a big role in aerospace.
With the addition of some “scale,” TLC, and robust business systems, there is also ample opportunity for growth. And this is exact what Scott Ashton is doing with Aerox.
From “big company” to pursuing his entrepreneurial dream Scott is building something great and he’s never looking back.
What’s the difference between working for big corporations and being the captain of a tugboat? What are some of the challenges that come with acquiring smaller suppliers?
In this episode, Scott talks about growing a small company, his latest acquisitions, and what he’s learned on his entrepreneurial journey.
You can have an impact on a company in a way that you can’t have in a much bigger organization. It’s very satisfying. -Scott Ashton
Three Things You’ll Learn In This Episode
- Building the playbook from scratch
What’s the biggest difference between being an entrepreneur and an employee at a large company? - The ultimate entrepreneurial opportunity
How do you take a company that hasn’t had much investment and modernize it? - Due diligence in a resource-scarce environment
What are some of the challenges smaller aerospace suppliers face, and why is it a huge opportunity for the right entrepreneur?