David Hegenbarth is the president of Federal Gear, a company that manufactures fully integrated custom gears for the commercial industry. The company’s long history serves as a source of inspiration for Hegenbarth, helping him to overcome the challenges and frustrations of running a business. He explains more in the following interview.
You’ve been in business for 99 years! Your business plan must have changed throughout the years. What changes have you made?
David Hegenbarth: Our business plan, like our company offerings, have changed over time to fit the evolving needs of our clients.
A lot of small business owners feel like giving up from time to time. Your company has a very long history; no doubt, you’ve had challenges over the years. What inspires you to keep going?
David Hegenbarth: Looking to the company’s extensive history and unique place in the Midwest have always been inspiring to overcome challenges.
What is the most rewarding part for you when it comes to running Federal Gear?
David Hegenbarth: Understanding that you’re a part of something bigger and more impactful than yourself.
What has been the most frustrating part for you?
David Hegenbarth: Sometimes it’s hard to tell if you’re making the right decision for the company, even if you believe it.
Where do you see Federal Gear over the next few years?
David Hegenbarth: I don’t foresee Federal Gear going away anytime soon. We continue to help our old clients and gain new clients in different sectors of the market, and our capacity is only improving.
How do you market a company like Federal Gear?
David Hegenbarth: We use multiple communications channels, but we heavily rely on our reputation as well.
Finally, do you have any employees? If so, what is your management style?
David Hegenbarth: Yes, Federal Gear employs many workers. We hold ourselves to a high standard of perfection, and reward people for their commitment.
For more than 99 years, Federal Gear has been providing its clients with the highest quality manufacturing gear and services. To learn more about this company, visit online at www.federalgear.com
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