Building a 100-Year Company with Gabe Draper, CEO, and Founder of Factur.
This episode is all about entrepreneurship. The highs and the lows, and everything in between.
Gabe knew he was going to be an entrepreneur from an early age, recalling that he didn't get the best grades, didn't love to follow rules, and even recounts knowing at the age of 14 he was going to build his own businesses.
He studied entrepreneurship in college at Baylor University, but outside of making friends and meeting his wife there, his belief that he would have been better off taking the $150k spent on four years of school where he learned somewhat outdated information, and just setting up his own painting or landscaping business instead.
Gabe also has a fantastic story to tell about financial redemption.
From being on the brink of bankruptcy, where he had to move his wife and newborn child into a studio apartment after an oil market crash crushed his family business, to founding and building Factur, with 57 employees, explosive growth, and a vision to create a "100-Year Company", Gabe's story should resonate with every entrepreneur out there.
The name "Factur" comes from the middle of the word Manufacturing, and this industry is one that Gabe not only knows intimately but that he believes strongly in his own team's ability to drive tremendous growth for these entrepreneurs.
Factur helps with business development for manufacturing companies.
They offer:
📈 Lead Generation
📲 Outsourced Business Development
💲 Marketing Services
👨💼 Industrial Sales Recruiting
Every once and a while I like to deviate from the insurance-focused subject matter and offer up something more universal.
In this episode you will hear about entrepreneurship, faith, manufacturing challenges, how fracking works, dreaming big, building a company that outlasts yourself, growth, optimism, and more!
Chapters:
0:00 Intro to Gabe
5:40 The Family Business
9:54 The Collapse
16:24 Rebuilding From Scratch
23:11 What is "Factur"?
32:26 Thriving During Covid
37:12 Building a 100-Year Company
42:15 Closing Thoughts
