The 5 Hidden Costs of Manufacturing Overseas That No One Talks About

Thinking about manufacturing overseas? It might not be as cheap as you think. There are hidden "soft costs" that can destroy your margins and your business. I sat down with Samuel Fish, founder of Shield Security Doors, who after a decade of challenges, made the bold decision to move his entire manufacturing operation from Eastern Europe back to the USA. He breaks down The 5 Hidden Costs of Manufacturing Overseas That No One Talks About, from freight volatility and legal disadvantages to the personal toll of time zone differences. This is an essential, real-world guide for any founder wrestling with their supply chain. Check out the company: https://www.shieldsecuritydoors.com----------------------------------------------------------------------------------------------------------------------------📚 NETWORK BEFORE YOU NEED IT (6 LESSONS THAT MADE SEAN $15M)----------------------------------------------------------------------------------------------------------------------------▶ Get my eBook free - https://welivetobuild.com/network-----------------------------------📈 WORK WITH ME-----------------------------------▶ Buy 300 Lessons From 300 Founders: https://welivetobuild.com/300-lessons-ebook▶ Book a Paid Advisory Session: https://welivetobuild.com/book-a-call▶ Startup Fundraising: https://welivetobuild.com/fundraising▶ Sponsor the Channel: https://www.welivetobuild.com/sponsorship---------------------------------------------👀 CONNECT WITH SEAN---------------------------------------------▶ LinkedIn: https://linkedin.com/in/seanweisbrot▶ Inquiries: [email protected]🕒 CHAPTERS---------------------------00:00 - Introduction: My Father's #1 Rule of Business02:50 - Why I Ignored His Advice for 5 Years07:20 - The "Hair on Fire" Moment That Forced the Change10:50 - My Overseas Supplier Was a Ticking Time Bomb12:15 - The Phone Call That Saved My Business14:15 - The Pride of Being "Made in the USA"24:50 - Hidden Cost #1: Lack of Control & IP Risk25:38 - Hidden Cost #2: Freight Volatility (10x Price Spike)26:45 - Hidden Cost #3: The Personal Toll of Time Zones27:45 - Hidden Cost #4: The Exhaustion & Expense of Travel28:00 - Hidden Cost #5: Disadvantage in Foreign Legal Systems28:55 - The Most Important Lesson: Say The ObviousLeave a Review (it truly helps us grow): https://welivetobuild.com/review Hosted on Acast. See acast.com/privacy for more information.