OVER DEZE AFLEVERING
Host Chaz Wolfe brings on Kerry Baskins, a 7+ figure king in the tool manufacturing industry. Kerry is the President and CEO of Peak Toolworks out of Indiana. Kerry has a strong focus on leadership and people, which he wields successfully to foster an environment of growth and teambuilding. Kerry grew Peak Toolworks from a struggling business to a successful one that performs extremely well in all areas. Kerry is also writing a book called, “The Transformational Toolbox.”
In this episode, Chaz and Kerry discuss earning your following, leadership, transforming a business to make it successful, complexity reduction, and the Pareto and Quad principles. Tune in now so you can take Kerry’s knowledge back to your business to grow to 7 figures and beyond!
During this episode, you will learn about;
[01:50] Intro to Kerry and his business
[02:59] Why Kerry continues to push
[04:45] Was Kerry always people-oriented?
[06:23] How Kerry moved into entrepreneurship
[10:09] A good decision Kerry made
[13:20] Kerry’s thoughts on why entrepreneurs chase the wrong customer
[20:44] A bad decision Kerry made
[25:41] Kerry’s approach to decision-making
[28:53] One trackable metric Kerry would use
[30:14] Kerry’s book recommendation
[31:39] Kerry’s thoughts on networking
[32:25] What Kerry would tell his younger self
[33:31] How to connect with Kerry
[34:45] How to connect with Chaz and info on the GTK 90 day intensive
Notable Quotes
“We can be strong without having to be arrogant. We can be decisive without having to be rude.” - Chaz Wolfe (Host)
“Even if that market's big and it's a sharp blade, I gotta stay with my core and I gotta pick what is incrementally realistic from there.” - Kerry Baskins
“I should be able to make my core really well and I haven't earned the right to grow into new products till I do that core really, really well.” - Kerry Baskins
“80/20, as a business process, isn't a cutting process. 80/20 is a growth process.” - Kerry Baskins
“If you take the cost that goes into Quad four and you reapply it to overserve Quad one and overserve your customers that buy your core, you can , grow your share of wallet spectacularly.” - Kerry Baskins
“Strengthening your core is what really helps you to grow.” - Kerry Baskins
“The largest thing that we can do with failures is to be able to look back and see how they've grown us.” - Chaz Wolfe (Host)
“What works every time is the application of fundamentals and the reduction in elimination of the complexity that gets in your way to execute on fundamentals.” - Kerry Baskins
“My network is probably the whole reason I've been successful.” - Kerry Baskins
“Push like you have been. Never quit. But don't take yourself as seriously as you do.” - Kerry Baskins
Books and Resources Recommended:
Good to Great by Jim Collins
https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996
FYI for Your Improvement by Michael Lombardo
https://www.amazon.com/FYI-Improvement-Guide-Development-Coaching/dp/0974589233
Let’s Connect!
Kerry Baskins:
Email: kbaskins@peaktoolworks.com
LinkedIn: https://www.linkedin.com/in/kerry-baskins-0b9a827/
Website: https://www.peaktoolworks.com/
Chaz Wolfe (Host):
Website: https://www.chazwolfe.com/gathering-the-kings.html
Facebook: https://www.facebook.com/chazwolfe/
Instagram: https://www.instagram.com/gatheringthekings/
LinkedIn: https://www.linkedin.com/in/chaz-wolfe-86767054/
TikTok: https://www.tiktok.com/@chazwolfe_kings
If you liked this episode, please SUBSCRIBE to the podcast and drop us a FIVE-STAR REVIEW. We appreciate you, and your support enables us to keep bringing you the goods on the show!
