Q: What does your business do?
A: We are bringing jobs back to the USA by helping startups, entrepreneurs and OEMs develop, manufacture and distribute products.
Q: What problem does it solve?
A: MTO applies its deep experience to help startups who don’t know what they don’t know about supply chains and manufacturing.
Q: How did you come up with this business idea?
A: After the Great Recession, job growth is rebounding slowly and startups are one of the critical elements to accelerating this rate of growth. MTO is increasing its focus on the startup space as part of its efforts to help generate more jobs for Americans.
Q: What are your biggest challenges?
A: Convincing startups that they must walk before they can run when it comes to manufacturing. There is a lot of pressure to make sure manufacturing is scalable and the tendency is to go with a very large offshore contract manufacturer (CM) initially. Early-stage product development requires very high levels of service and low quantities of production. Large scale CMs cannot efficiently deliver the level of service in the early stages that a company the size of MTO can.
Q: What are your goals for the company?
A: Put more Americans back to work.
Q: Are you looking for funding?
Q: What would funding enable you to do?
A: Expand marketing.
Q: What brought you to OEN? What do you hope to gain from membership?
A: MTO’s previous work with startups has brought us to OEN. By joining OEN, we hope to connect with startups that MTO can help to succeed.
Q: What has been the biggest surprise in your entrepreneurial experience to date?
A: How broad and deep the entrepreneurial space is. It is only limited by one’s imagination.
Q: What has been the best entrepreneurial advice you’ve received?
A: Never forget the basics: respect, integrity and honesty