MakingSparks: Oklahoma Meets Indiana - A Manufacturing Chat with Mike Payne Part 1, 406

Making Chips Podcast for Manufacturing Leaders

Mike Payne has spent the last 20+ years deeply entrenched in the M&A process with dozens of companies throughout Oklahoma. Early in his career, he realized he loved the world of manufacturing. He also learned that he enjoyed operating a business. He was just waiting for the right opportunity to unfold.

Then it happened: Six years ago, Mike was able to purchase Hill Manufacturing. In this episode of MakingSparks, we chat with Mike about his work in the M&A space, why he made acquisitions close to home, and what led to his passion for manufacturing.

– Matthew Nix

Segments

• [1:10] Chit-chatting with Mike Payne
• [5:26] Spark of Knowledge: Strategic Planning
• [6:39] Casey’s dad joke
• [7:29] Mike’s background in manufacturing
• [9:32] Mike’s work in the M&A space
• [12:30] Why start with acquisitions close to home? [17:54] Get NetSuite by Oracle
• [19:11] Why Mike decided to run a business
• [26:02] Why build relationships within the industry?

Resources mentioned on this episode

• Warren Buffett's 2024 Annual Letter To Shareholders
• Get NetSuite by Oracle
• The Six Types of Working Genius

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