Graduating from Set-Asides in Government Contracting: The Path to Sustainable Success | The Pair Program Ep56
In this episode, hosts Tim Winkler and Mike Gruen welcome two industry leaders: Greg Schaub, CFO of Anika Systems, and Rolf Holman, Chief Strategy Officer of Falconwood. Together, they explore the challenges and opportunities of transitioning from small business set-asides to competing in the full and open market.
Key Topics Discussed:
- Effective strategies for safeguarding revenue during transitions between federal contracts
- How to build and fund a successful business development team for scalable growth
- The role of joint ventures and partnerships in maintaining competitiveness
- Modernization in technology and its impact on company culture
- Finding the right balance between internal innovation and strategic mergers/acquisitions
About Greg Schaub: Greg Schaub is the Chief Financial Officer at Anika Systems, overseeing financial strategy and growth initiatives. With over 20 years of experience, he has excelled in driving efficiency, managing mergers and acquisitions, and leading strategic transformations across industries such as defense, government services, and technology. Greg’s leadership is backed by advanced degrees in finance and business administration.
About Rolf Holman: Rolf Holman currently serves as Chief Strategy Officer for Falconwood. Rolf leads the strategic planning and initiatives including business development, mergers & acquisitions, transformation, and the company’s partnerships. An accomplished executive with over 30 years of global IT experience, across Defense & Security, Government, Banking, High Tech, Communications, Media, and Entertainment industries.
Exploring your next tech role? Get insider job advice and the latest startup & govtech openings – delivered straight to your inbox. Subscribe here: https://www.myhatchpad.com/newsletter/
Transcript
Welcome to The Pair Program from hatchpad, the podcast that gives you
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:a front row seat to candid conversations
with tech leaders from the startup world.
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:I'm your host, Tim Winkler,
the creator of hatchpad, and
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:I'm your other host, Mike Ruin.
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:Join us each episode as we bring
together two guests to dissect topics
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:at the intersection of technology,
startups, and career growth.
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:Hello, everyone, and welcome back.
8
:I'm your host, Tim Winkler,
alongside my cohost, Mike Gruen.
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:Mike, uh, so before we, we dive in today's
topic, I got a, a fun little fact, uh,
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:that, that plays into today's topic.
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:So, uh, did you know that the
term graduating originally
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:meant stepping forward in Latin?
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:No, I did not.
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:I
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:Mike Gruen: was totally prepared for
you to ask me about UAPs and UFOs.
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:I was not prepared for this.
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:Tim Winkler: So now you're going to
need to answer a more serious question.
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:So, um, you know, we're, we're,
we're talking about the world of
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:federal contracting, transitioning,
stepping forward, uh, growth.
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:What would you say is one of the,
the, the more significant transitions
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:you've had to navigate in your career?
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:Oof.
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:Mike Gruen: Um, that's a good one.
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:I mean, certainly the most significant
was stepping from being an I.
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:C.
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:to being a manager, um, and I had, uh,
it was a, like, there were a couple
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:opportunities along the way where I
did get into management, but probably
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:the one that stuck was where I moved
into a role where the company had the
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:support necessary to give me, like, The
support as a new manager on what man,
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:like what good management looks like.
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:I had a team lead who was awesome.
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:I had an engineering team that
was great and that, um, and I
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:couldn't do what they were doing.
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:So it really was a great opportunity, uh,
sort of forced me to really learn how to
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:manage people, uh, as opposed to previous
sort of steps along that path where me
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:sort of leading people where I could do
the work that I was asking them to do.
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:It was a little bit harder, um,
of a transition, but yeah, I think
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:that first real Matt, like that real
management position was, uh, it's
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:probably the biggest career transition
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:Tim Winkler: for me.
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:Nice.
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:Yeah, I think that's probably,
I think we've run an episode
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:on that at one point, but, uh,
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:Mike Gruen: yeah,
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:Tim Winkler: I think about, I think
about my, my career and that, and the
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:answer to that question, I'd say the.
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:There's two that really stand out, but,
you know, that first one from making
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:the leap from being a, you know, a
corporate kind of W2 employee to, you
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:know, running a consult, but, you know,
an independent consulting business, it was
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:one interesting transition, you're kind
of just taking a little, a little bit of
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:a leap of faith, but then that transition
from, um, You know, independent consulting
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:to kind of formally starting a business,
I'd say, and hiring your first employee.
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:I was going to say hiring
your first employee probably
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:Mike Gruen: was a big one.
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:Tim Winkler: Yeah, that was, you know,
you've got to have a stable little
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:client list before you take that.
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:That next step, but, um, uh, but yeah,
um, well, yeah, it's gonna kind of play
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:into, uh, you know, a little bit of,
you know, how these companies at large
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:are graduating to the next stage and,
uh, I'll, I'll bring it back into that.
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:Uh, at this point.
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:So today we, you know, we are going to
be, uh, tackling, uh, a critical phase
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:for businesses that are operating in
the federal contracting sector that are
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:transitioning from small business set
asides to standing alone in the full and
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:open market, uh, this move is, you know,
it's like stepping into the big leagues,
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:uh, there's quite a bit more competition.
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:The stakes are higher than ever.
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:Uh, and so joining us to unpack
this are two, uh, seasoned, uh,
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:you know, executive leaders here.
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:Uh, we've got Rolf Holman, uh, chief
strategy officer at Falconwood.
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:Uh, Rolf brings over 30 years
of global IT experience.
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:He's built and developed teams across
defense and security government
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:and a few other industries.
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:And most notably, you know, Rolfe
has helped Falconwood make the
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:transition from small business to
full and open, uh, not too long ago.
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:Uh, and alongside Rolfe, we have Greg
Schaub, uh, CFO at Anika Systems.
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:Greg's a senior finance executive
bringing, uh, analytical, innovative
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:approach to achieving long term growth,
profitability, and operational soundness.
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:Greg has over two decades in
government contracting as well as
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:a healthy blend of M& A experience.
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:In the last six years, he's facilitated
five acquisitions, one spinoff and
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:numerous other acquisition evaluations.
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:And then most relevant to this
conversation, Greg joined Anika Systems,
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:uh, this year to help evaluate the
companies they're planning to graduate
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:from small business status and heading
into full and open competition.
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:So Rolf and Greg, thank you both for
joining us on today's conversation.
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:Good to be here.
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:Greg Schaub: Thank you for having us.
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:Tim Winkler: All right.
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:So before we dive in, uh, let's warm up
with our favorite segment, pair me up.
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:Uh, Mike, you always tee us off here.
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:What do you, what do you got for us today?
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:So,
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:Mike Gruen: uh, I had a friend
come, uh, visit from out of town
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:and, uh, we used to work together.
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:We used to go to a barbecue place in
Baltimore all the time that had this
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:thing called the barbecue Sunday.
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:Um, and, uh, so, so my pairing is, uh,
barbeque and glasses, but it's like
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:barbeque served in a glass, uh, it's
just all mushed together, so you have the
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:barbeque, you have the beans, you have
the, um, coleslaw, and then a pickle, uh,
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:the, the Barbecue sundae had the pickle,
like, sticking out the top like a straw.
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:There's a place not far from me that
has, uh, they call it a, uh, a jar b
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:que, and it's the exact same thing.
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:It's a mason jar, but it's like the,
it's a glass that you drink out of, but
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:they put, they just jam all of the stuff
in there, and it sounds disgusting,
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:like, people are always like, that
sounds gross, like, why, I don't want
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:all my food mixed, but it is delicious.
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:Um, so that's my, Uh, my pairing
is just jamming barbecue into a
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:glass that sounds, uh, kind of
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:Tim Winkler: odd and amazing
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:Mike Gruen: at the same time.
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:It is so amazing.
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:Uh,
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:Tim Winkler: but
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:Mike Gruen: yeah,
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:Tim Winkler: same thing.
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:It's just barbecue.
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:I got to ask Rolf, cause you know,
Rolf, you're a Texan, what's, uh,
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:have you heard of this before?
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:Has this ever been something that you've,
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:Rolf Holman: well, it's nothing that
I've actually heard of before, but,
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:uh, what, what I would relate it
to is the, uh, mashed potato bar.
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:That was at many different, uh, proms
and cotillion events in Texas that
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:you would expect to have, uh, desserts
instead they had mashed potato bars,
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:and you start with mashed potatoes,
and then anything you like in your
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:mashed potatoes, you'd serve in.
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:Oh, no, that sounds fantastic.
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:Sounds like
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:Mike Gruen: a great pairing.
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:The that is the
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:Rolf Holman: cheese grits.
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:Also,
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:Tim Winkler: man, it's always, it's
always challenging having these episodes
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:recorded pre dinner because then I'm
starving and everything sounds delicious.
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:But, um, Mike, you'll
have to share that, that.
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:That spot with me off, offline.
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:Cause it sounds like a cool spot.
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:Um, all right, good stuff.
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:I'm going to, uh, I'm going to throw
something out there for my wife, actually.
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:She's the one that actually
came up with this pairing.
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:So I got to give her the credit.
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:Uh, my parent today is Trader Joe's the
grocery store and seasonal selections.
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:Uh, so, you know, the holidays are
upon us and, you know, folks, this
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:time of year, always kind of stock
stocking up on some sort of seasonal.
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:Food and drink.
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:And if you're looking for the best grocery
store, I'd say best grocery store that
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:caters to like seasonal selections,
then Trader Joe's is, is the one.
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:Um, you know, if you're fortunate to have
one in your area, I know that they're
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:not all across the country, uh, but now
is the time to kind of take advantage
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:of that for, for their food and drink.
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:So they've got even, uh, they have like
bloggers that will go out and kind of
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:write through, you know, ranking the
best, like Trader Joe's Christmas items.
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:So having just, you know, gone there and
picking up some, some items, I'm going to
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:rattle them off for our listeners here.
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:Uh, peppermint flavored mini
ice cream cones are amazing.
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:Uh, the winter wassail punch,
really good, even better if you
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:throw a little bourbon in it.
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:Uh, German ice gingerbread, really good.
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:And then most recently, uh, I'm not the
most proud of, but probably put down
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:about a half of this massive tin of this.
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:It's called Jingle Jangle Holiday
Mix Candy Treats, which is just
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:these chocolate covered Like
popcorn, pretzels, Reese's cups
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:and everything else in between.
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:So, uh, all that said, um, you
know, check out Trader Joe's
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:for the seasonal food and drink.
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:So when did
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:Mike Gruen: we sign that,
uh, contract with them?
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:Yeah, no, they're not a sponsor,
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:Tim Winkler: not a sponsorship,
not a plug, just a fan.
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:Um, but it's not just on
Christmas time either.
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:You know, all throughout the year,
they've got you, they've got you covered.
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:So, uh, that is my pairing for today.
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:Um, and I will pass it over at
this point to, uh, our guests.
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:So Greg, how about a brief
intro and your pairing?
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:Greg Schaub: All right.
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:So, yeah, I mean, you, you kind of
hit the nail on the head earlier.
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:I'm Greg Schaub.
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:Um, you know, been in this GovCon
industry for, you know, 20 some
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:years doing all types of different
financial, you know, you know, support.
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:Items from pricing to FPNA
now CFO for a few companies.
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:So, uh, in terms of the pairings,
um, you know, I was going to go
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:something more traditional, but I've
been inspired listening to your guys,
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:uh, Examples, and this is going to
be, you know, a weird one, maybe,
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:or maybe you guys have heard of it.
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:It's, um, hot dogs with
jalapeno cream cheese.
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:Mike Gruen: I've not heard it.
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:It is now on my list.
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:Greg Schaub: And, um, I mean, most
people probably already think hot
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:dogs are disgusting and you throw,
you know, jalapeno cream cheese
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:on it and you've just completely.
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:You know, ruined a meal, but, um, I
discovered this actually out in Seattle.
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:So, you know, you hear about all these
big cities with their, their hot dogs, the
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:Chicago hot dog, New York style hot dogs.
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:And they had this thing called the
Seattle hot dog, the Seattle dog.
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:And I asked what it was and they
said, well, it's, it's basically a
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:hot dog with onions and cream cheese.
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:And I was like, well, I like hot dogs.
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:So I'm going to try this,
um, just for the sake of it.
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:Um, and it was actually pretty decent.
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:And I, you know, played
around with it a little bit.
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:Found, you know, I liked
bagels with jalapeno cream
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:cheese, the ogo, uh, bagels.
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:So I tried it on my hotdog
one time and it was amazing.
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:Wow.
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:That's, um, give it a go.
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:You may, you may find a,
you may find you like it.
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:It works on any type of bratwurst
or Italian sausage, anything.
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:I
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:Mike Gruen: mean, that's a pro tip.
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:I like hot dogs.
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:I like cream cheese.
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:I like jalapenos.
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:I don't see how this doesn't work.
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:Yeah, this is a
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:Tim Winkler: perfect pairing.
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:A match made in heaven.
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:This is.
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:Appreciate it.
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:Glad you went out on a limb
with a non traditional.
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:Yeah.
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:All right.
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:We're keeping with a lot
of food traditions here.
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:You know, can we complete
it here with Rolf?
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:Rolf, quick intro and your pairing.
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:Rolf Holman: So, Rolf Holman, I am Chief
Strategy Officer here at Falconwood.
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:I spent most of my 30 plus years in the IT
business working for Fortune 50 companies.
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:Um, not to bore you, but what was
EDS that became HP, that became
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:DXC, that became Perspective.
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:I was part of all those
streams, acquisitions.
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:Whatever you want to call it, uh,
and Falconwood actually was the
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:company I sat across from as they
were the seat of contractor for
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:the Navy, uh, on the NMCI program.
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:I tried to retire and our founder.
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:Ali asked me to come and help her
build out the strategy to grow
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:because she knew she was going
to be exiting the small business.
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:World in:roughly 4 years this coming May.
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:Uh, and it's been quite a ride
and we'll certainly talk to that.
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:Uh, my pairing on the hot dog piece.
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:Reminds me of 1st time I saw
someone put mayonnaise on a hot dog.
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:I was 6 years old and I was.
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:I'm amazed by that and I tried it and I
thought, well, this is great, but I, I
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:am a, I'm a Tex Mex, uh, fan to the hilt.
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:It doesn't matter.
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:It's meat, cheese and dough period.
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:I don't just prepare it.
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:However, and it can be
chicken or beef, whatever.
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:Uh, and unfortunately, growing up
in Louisiana, I'm allergic to all
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:things that come out of the water.
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:So, I never was able to, uh, enjoy the
delicacies of, uh, Creole food growing up.
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:So, uh, every crawfish boil I went
to, they had a hamburger for me.
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:Nice.
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:Tim Winkler: Meat, cheese, and dough.
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:I, I mean, can't go wrong.
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:It's a, it's a power, power,
power pairing there as well.
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:And, um, you know, kind of wrapping that,
that might be one of our, one of our rare,
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:you know, four, four pairings of food.
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:And no alcohol.
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:No alcohol.
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:That's, that's, uh, that's
a rare impressive guys.
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:This is going to be a good episode.
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:I can tell already.
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:Um, well again, thank
you both for joining us.
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:Excited to, to, to jump into the
conversation and, um, let's go
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:ahead and pivot into the, the core
of, of the episode at this point.
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:So, as I mentioned earlier, we're, we're
diving into a, you know, this crucial
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:transition phase for businesses that are.
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:In the federal contracting world, um,
you know, kind of stepping up from
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:the protected realm of small business
set asides to These more challenging
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:waters of full and open competition.
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:Uh, and so, you know, for folks
that maybe aren't, aren't, you know,
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:tuned into that space, you know,
you might not know or be wondering
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:why this shift is so significant.
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:It's, it's.
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:Consider it like this.
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:So if you're transitioning, it's like
moving from, you know, a smaller pond
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:where you're a big fish with certain
advantages to this vast ocean, where
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:the competition includes the largest
sharks in the sea, major corporations
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:armed with, you know, raw resources
and established market positions.
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:And, um, so this change isn't just about,
you know, facing stiffer competition.
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:It's, it's about navigating through
new regulatory environments and you
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:kind of maintaining strong ties with.
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:Your government clients, uh,
and then continuously trying
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:to innovate, to stand out.
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:Um, so it, you know, it, it does require
strategic foresight, robust partnerships,
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:and, you know, some sharp operational
tactics that, that will all kind of play
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:a critical role in ensuring, you know,
some sustained growth and profitability.
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:And once you make that leap.
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:So the way that I foresee this
conversation flowing is to first
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:hear from Rolf, who has successfully
kind of navigated Falconwood through
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:these, these waters, and, you know,
hearing a little bit more about the
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:strategic decisions and like those
lessons learned during that transition.
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:And then we can turn to Greg.
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:Who's at the helm, you know, preparing,
uh, Anika systems for, for this leap.
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:Um, and focus a little bit more on
like the financial strategies and the
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:operational adjustments that you're
kind of going through to thrive in
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:this, this new competitive arena.
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:Uh, so Rolf, why don't you tee us off?
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:Uh, maybe a good starting point though,
would be, you know, providing our
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:listeners with what that criteria is,
uh, To be considered a small business.
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:Um, and then from there you can
discuss how you kind of navigate
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:that transition at Falconwood.
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:Rolf Holman: Yeah.
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:So, uh, so we traditionally, uh, have
mainly played in the, uh, DOD space.
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:Uh, Navy Marine Corps was where we cut our
teeth, uh, certain stipulations around,
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:uh, growth with small business, uh,
certain revenues, certain, uh, headcount.
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:Um, and when I first got here, we
were approaching going over the 5 year
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:minimum of annual revenues that would
cause us to move into, uh, not small.
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:We don't call it large business.
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:We call it not small.
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:And the big thing is that you look at what
your current customer base is, and you
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:need to protect your base and your base is
either made up of something you want full
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:and open or something you make 1 that was.
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:A small business, and you immediately
look into how do I make sure I
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:protect whatever that revenue is.
314
:But I can, because when the revenue,
when the renewal comes around.
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:It may stay small, so you need to
have a plan, whether it's a JV,
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:whether you get behind a small,
whether you press that it's gotten
317
:big enough that it's full and open.
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:So, you really look at your existing
base business to make sure that you
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:have a plan for every 1 of those.
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:The 2nd thing that's really important.
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:Is the culture of the company,
the small business culture is very
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:different than when you have to behave
and or act like a large business.
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:Uh, and that is probably 1 of the biggest.
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:Failures of small business in going
into that of it takes investment.
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:It is not about just saying, okay,
we can keep acting the way we acted.
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:Uh, our founder and chairman,
I give her a ton of credit.
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:She opened her checkbook up and
she built a business development
328
:team that was purely overhead.
329
:So that we had compliance, so we had
pricing, so we had a capture manager.
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:We have proposal manager.
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:All those things in place so that we
could compete the 2nd piece with me
332
:coming in is that I had a large network
of people that I had purchased from.
333
:As a large company, and now that I'm
a small company, I mean, either in the
334
:same boat with them, or as an example,
value add resellers that we, as a
335
:large company used to get tremendous.
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:Small business credit, because we
could purchase so much hardware
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:software through the small companies.
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:That was very helpful.
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:Those companies not to be named,
but they knew who they are.
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:They came to me, gave me project based
business and project based business is.
341
:Is in quarter in year revenue, which
is, is, uh, is joy to the CFO's ears
342
:that when you bring in quarter in year
revenue, even though it may be six
343
:months, eight months, those projects
end up sometimes becoming programs.
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:So you don't just go after the same
traditional contract opportunities,
345
:you try to go after the, uh,
the project based business.
346
:So in my first two years here.
347
:We secured the base, we knew what
was going to stay full and open.
348
:We knew what was going to stay small
and we have strategies around that.
349
:We then started to do project
based work that led to
350
:additional work outside of that.
351
:That project based work.
352
:Literally was what paid
for my team to be built.
353
:So we were not taking from the
company anything that was overhead
354
:wise from the base business.
355
:We were growing based on
that project based business.
356
:And, you know, I encourage everyone
don't be afraid of something.
357
:That's a 4 week project with 1
person to go do some cyber work.
358
:You, if you have good people and good,
your reputation, it's going to grow.
359
:And next thing, you know, you
have things growing from there.
360
:So that was really the
approach on the front end.
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:The tough piece has been.
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:Where, um, I'm now competing against
the people that used to give me business
363
:because I was a small and they got credit
for me being a small and that balance of
364
:how do I have the coopetition with the
Booz Allens, the Deloitte's, the GDIT's.
365
:Really having the relationships to
understand how do I go after something?
366
:I know that they're not going after
because their cost of sale or their
367
:budget isn't going to go after something
like that and finding that mix.
368
:And then you've got the mid tiers
that you really compete with the most.
369
:And so that's really the science
around understanding what you need.
370
:But number 1, protect your base.
371
:Number 2, figure out how you can do
project based work to help bring in
372
:the revenue while you're now starting
to compete on those larger projects.
373
:Tim Winkler: Yeah, that's
that's great feedback.
374
:And I think the, um, that other piece
that you talked about of, you know, from
375
:a cultural perspective too, and how that,
uh, evolves throughout the organization.
376
:I think that's one thread that
we can pull on, uh, a little bit
377
:more, uh, in this conversation.
378
:Um, and, and real quick before I
do pass it over to, to Greg, um,
379
:you know, you kind of mentioned
this, uh, revenue threshold.
380
:Do you have specifics on what that, Um,
Number is what it looks like and then
381
:how long that that that goes for before
you're considered to have to graduate.
382
:Rolf Holman: Yeah.
383
:So it's, it's different for
every what I'd say, uh, Mac or,
384
:uh, contracting, uh, vehicle.
385
:So seaport is the biggest for the Navy.
386
:And you have to be it's 49Million
dollars annual revenues.
387
:And once you go over that, uh, in a
5 year period, it used to be 3 year.
388
:It's now 5 year period
of time since cobit.
389
:So, they, they gave some breaks, which
ually helped Falcon would out:
390
:Um, and then some are associated
with some of the nays codes.
391
:We still qualify because we
don't have 1 of the threshold
392
:is:
393
:You're considered a small, but most
times it's associated with what your
394
:sam dot gov reads and what your, um.
395
:Seaport, uh, if you really, whichever
vehicle you're on, they have thresholds.
396
:And so for that, it's the.
397
:Believe it's 49Million dollars a year
annual revenues over a period of 5 years.
398
:And if you, if you exceed that,
you then have to register in and
399
:you're no longer considered small.
400
:You still have the opportunity to
bid on those contract vehicles.
401
:You're just now.
402
:Not looking at the small business
set asides, which was a big hurdle
403
:for Falconwood on the front end.
404
:Tim Winkler: I'm just generally
curious on, on, from a headcount
405
:perspective, you know, what,
what's the, the size of Falconwood?
406
:Rolf Holman: So we started in the
year:
407
:uh, we grew to just over 300 now.
408
:Um, most of our business has been
organic, um, up till the:
409
:Uh, year, um, our founder and CEO
410
:cut her teeth originally on CETA
contracting on acquisition of technology
411
:for what was the NMCI network and.
412
:From that, she recognized how
the acquisition piece actually
413
:needed a technology advice too.
414
:So she started hiring technology
advisors, engineers, solution architects,
415
:so that the Navy, whoever they're
sitting across from as their prime,
416
:they could negotiate to make sure.
417
:And the evolution of what is to
now the engine Smith contract has
418
:evolved 24 years of going from
what it was 24 years ago to today.
419
:And, uh, that's, that's the
main growth of Falconwood.
420
:And from there, that help.
421
:Allow organic growth from other
command saying, hey, we need you to
422
:do this, but now we're truly competing
in a, in a full and open market.
423
:Tim Winkler: Yeah, I'll have some more
questions about that, but, um, to be a
424
:good chance to, uh, pivot over to Greg
and, um, just kind of hear this from
425
:your perspective, Greg, um, maybe just
kind of fill us in a little bit more on
426
:how, you know, Anika Systems is preparing
to transition into this, you know, full
427
:and open competition, like what are
some of the primary strategic focuses
428
:that you're dialing in on to ensure
that you're going to remain competitive?
429
:Greg Schaub: Yeah, so we're definitely
in a kind of a tough spot right now,
430
:but in one hand, it's a good spot to be
in because we've had some rapid growth.
431
:years ago in:think we were doing about 8 million in
432
:revenue, and, uh, we've been having,
you know, some rapid growth the last
433
:few years to the point now where we're
getting ready to graduate, uh, as Rolf
434
:said, you know, our, uh, Our area is a
34 million dollar annual average over 5
435
:years that we're coming up against that
will graduate after at the end of 20.
436
:we're projected to graduate
at the end of:
437
:so we've gone from being a very small
company to now we have over 150 employees.
438
:And like I said, we're.
439
:We're getting ready to graduate our,
our focus as a company is more on the
440
:civilian side of government contracting
the smaller agencies that don't
441
:typically have the biggest budgets.
442
:But our company, what we do is
technology modernization, AI
443
:automations and these are these are
the agencies that really can use.
444
:Uh, our support, um, because
again, they don't have the budgets.
445
:They need to be able to do more with less.
446
:Um, and, uh, so we've been focused on
these areas, uh, getting, you know, to
447
:know that, you know, getting in well
with the customer, them knowing us, us
448
:knowing them, us knowing their needs
and trying to support them on that.
449
:Um, the frustrating, the frustrating
part now as a small business
450
:graduating, uh, and Ralph mentioned
it is protecting your, your revenue is
451
:the agencies are, uh, they have small
business goals that they need to meet.
452
:They have these, uh, every, every
agency has a different goal,
453
:anywhere from 20 to 25 to 30%.
454
:Uh, they need to give to small businesses.
455
:And that may be through a prime award
that could be through subcontracting
456
:on a large business award through
subcontractors on that contract.
457
:So, the problem with us as a small
business, trying to go into the large
458
:business and protecting that is.
459
:For the customer to move that from the
small business to full and open, they
460
:need to replace that with something.
461
:And a lot of times these projects
that they focus for small businesses,
462
:they do that for a reason.
463
:They, they want, it's a
smaller level contract.
464
:Um, a lot of times small business
or the, you know, the, the companies
465
:that are on the cusp of development,
they got a niche that they're focused
466
:on and they want to kind of pull
that thread within their agency.
467
:Um, but they like, they want to keep
those dollars in small business.
468
:So, as we graduate, you know,
we have to look at, can we
469
:move things to full and open?
470
:Do we need to, uh, work with them to
see how they want to continue the work?
471
:Are they going to.
472
:You know, um, do we need to form
certain relationships to keep it if
473
:they want to keep a small business
that we can keep performing, or at
474
:least compete to continue performing.
475
:So, as a company, um, we've been doing a
lot of in house maturation of the company.
476
:You know, bringing in new systems
that are the accounting system is
477
:1 that we've implemented this year.
478
:Um, going to, um, you know, I don't mean
to name drop, but, you know, unit is the
479
:company that we've we've transitioned to.
480
:Um, they are known for their gov con.
481
:Software, there's so many,
there's a, there's a few, there's
482
:only so many providers that
are really built around GovCon.
483
:Other ones that are available are built
and can be customized into the things
484
:that you need in government contractings
for large business that will stand up
485
:to a DCA audit or various reporting.
486
:Requirements, so we've been doing
some upgrades on that in house
487
:audit tax team benefits, taking a
look at all these things ways to
488
:be competitive in the phone open.
489
:Um, and, uh, as, as Ralph mentioned to
the key part of it is also trying to
490
:build out our business development arm.
491
:Um, you know, these, these, once we
go into large business, um, you know,
492
:we're going to be competing against the
multi billion dollar businesses that we
493
:compete against them, but I mean, we're
in the same boat as Lockheed Martin and
494
:Northrop Grumman and, uh, and those,
those ones who have hundreds, if not
495
:thousands of people working on their
teams to develop business, and we have.
496
:You know, a handful, so it's it's those
sort of things that we need to be focused
497
:on bringing a good team, um, with, you
know, good relationships and knowing, um,
498
:who to talk to to understand the needs
of the customers that we're targeting.
499
:Mike Gruen: One thing you mentioned that,
and also Rolf mentioned, um, I'm curious
500
:your opinions on, so that Rolf, when you
were talking, you're talking about, uh,
501
:getting behind a small, which is, I think,
um, Greg, also what you, you sort of
502
:alluded to with like, maybe establishing
a partnership, getting, having someone
503
:else who now they're the small, they're
essentially the prime, I'm guessing.
504
:And I don't know if you want
to speak a little bit to that.
505
:I'm sure there's risks and things
that come along with, you know, now
506
:you're sort of giving up that business.
507
:I'm curious, like, is that.
508
:A common tactic of how to sort of
maintain some of these small business.
509
:Greg Schaub: I'll go first.
510
:I mean, yes, I've worked.
511
:I've worked on both sides of it for,
you know, companies that were large
512
:and companies that were graduating
into had graduated into large.
513
:So for us, Anika systems, um, you know,
we have certain technology, certain
514
:focuses that we have, but we're supporting
customers that have a lot of needs.
515
:So we do team with other small
businesses that bring another capability
516
:to the team that gives a very full.
517
:Picture to the customer, um,
they become sort of our, uh, you
518
:know, tried and true partners.
519
:And when we start looking at going, you
know, the next iteration of a contract,
520
:um, we start to prop them up as.
521
:You know, the heir apparent, um, you
know, and we want to keep the team
522
:together, which is just going to be
a different name on the contract.
523
:And, uh, those are sort
of the relationships.
524
:Um, you know, we look at, um, another
thing we do is, you know, commonly
525
:returned to referred to as sort of
the over under, um, you know, where.
526
:We, uh, you know, we'll bring a, you
know, company on and, you know, as
527
:a, a sub on a contract, that may be
a little bit of a stretch for them.
528
:If they bring us on a contract after,
you know, it goes the other way.
529
:So having those relationships and, and
the key is to have that relationship.
530
:It's not just a, you know,
having a, a sub to have a sub.
531
:It's really working as a team.
532
:So.
533
:I
534
:Rolf Holman: echo those same words
and it also helps with finding that
535
:company that that company would be
the right formula for a JV and the
536
:JV aspect gives the larger company a
little bit more percentage of revenue
537
:share when you bid as the JV and.
538
:JV meaning joint venture, right?
539
:Is that just to make sure that folks.
540
:Okay.
541
:Yeah.
542
:And, and, uh, I've talked to so many
people it's there, there's more bad
543
:JVs than there are good JVs out there.
544
:Uh, and it's about finding that
good over under relationship
545
:Mike Gruen: that, that can lead to that.
546
:But.
547
:I mean, I think it's also interesting as
a small business started, like, because
548
:I've done government contracting, I've
been civilian and, uh, dot and Intel.
549
:Um, and the number of sort of
these small businesses that their
550
:entire business model is will be
the prime for some big contract.
551
:Like they're just a pastor and all they're
doing is taking a little bit of revenue.
552
:And, um, and it's funny, I don't
think that's how they, some, maybe
553
:some of them started that way, but
I think there's some companies that
554
:start off as small businesses that.
555
:That they get so much revenue from
that, that that's, you know, they
556
:don't, they're not prepared for what's
going to happen when that runs out.
557
:Like, you can only do that for so long.
558
:And I'm curious, like, you know,
have you seen the same things?
559
:Um, you know, and the dangers of maybe
working with those types of places.
560
:Greg Schaub: Yeah, I've
definitely seen it.
561
:And there's a, besides just the joint
venture approach, there's another,
562
:uh, program called the, um, uh, mentor
protege joint venture, um, that you
563
:may be probably aware of, um, it's,
it's governed by small, the SBA.
564
:Um, so there are some rules
and, and, and they do monitor.
565
:It's not just the throwaway, but that is,
that is definitely an avenue graduating
566
:small business looks at needs to look at.
567
:And it's a great program if
done correctly, because it
568
:gives an opportunity for us.
569
:A growing company and I'm talking
like a small business to really
570
:learn from a large business.
571
:And there's the requirements
in it is the small business has
572
:to provide a certain amount of
people towards that joint venture.
573
:It's not like a large
business can come in and.
574
:Uh, just, you know, give you a
couple of people and they take a
575
:100, um, you know, the small business
does have to have some control.
576
:They're the managing partner
of the mentor protege.
577
:So JV, so, um, it is a
good way to grow a company.
578
:It's a good way.
579
:And under under that, um, all the awards
are still small business set aside.
580
:So you, as a large business
can still keep work.
581
:Through that mentor protege JV, um,
you know, you keep the work and,
582
:um, you qualify the company grows.
583
:And, um, you know, I think in
those cases, everybody wins,
584
:but there's definitely been use.
585
:I'm sure you've seen this as well, but,
uh, there's definitely been some abuse.
586
:That's been, uh, um, you
know, been called out.
587
:And I know SBA is starting to
crack down a little bit more.
588
:We've been seeing.
589
:Tim Winkler: Our folks taking advantage
of government contracting is abusing it.
590
:That sounds odd.
591
:Yeah, we've seen it from, uh, you
know, folks that are, uh, more so,
592
:you know, maybe on the building,
on the product side of things, like
593
:obtaining these sober grants and kind
of staying in these, they call them
594
:silver mills where they'll just kind of.
595
:Staying in a certain phase, a low phase
with never intention, no intentions
596
:of ever getting it to a scale like
serve large service contractor or
597
:phase three, they just want to kind
of milk those little small, you
598
:know, one mil, five mil grants and
never really take it any further.
599
:So that's just one small example of some
companies that have taken advantage of.
600
:Some of the, uh, processes of government
contracting, but, um, I've got a question
601
:that I wanted to ask this might be more
relevant for you, Greg, just because it's
602
:going to be a little bit more dialed into
the financial side of things, but, um,
603
:you know, from an M and a perspective,
you know, you know, so you were kind
604
:of brought in strategically and part
of that was in preparation for this.
605
:Transition phase, right?
606
:It sounds like, well, if you were also
brought in strategically to, so, you
607
:know, when, when they're looking at a
background for someone like yourself,
608
:um, you know, what, what are some
of these talking points where, you
609
:know, is there, is there an evaluation
between growing independently or is
610
:there, are you exploring potential
M and A opportunities at this
611
:transition point before or right after?
612
:Greg Schaub: Yeah, so I know for us,
um, we are, we are not actively at
613
:the moment, you know, coming up on any
acquisition, but I think you're always as
614
:a company needing to take a look at that.
615
:And as a graduating small business,
that is a key turning point.
616
:You know, is when you, when you graduate
in and you become a, you know, let's
617
:just say, you, you, you know, you're
a 45 million company coming into it.
618
:50 million is your target for next year,
but you can go out and acquire a company.
619
:That's maybe doing 30 million also
coming up on graduation in a year or so.
620
:And overnight become a 80 to 90
million company, uh, with, with, um,
621
:uh, customers and capabilities, you,
you definitely can become a bigger
622
:player in the market instantaneously.
623
:Um, for us, you know, one of the
things that we've done that we've, you
624
:know, has helped us become successful
is we've invested in ourselves,
625
:um, by having an R and D arm to
our company that is completely self
626
:funded, building new technologies.
627
:And for us, that's what we have to kind
of look at is, do we want to spend money
628
:on going and acquiring a company with
revenue already out there that has, uh,
629
:past performance and new customers, or
do we want to continue developing this?
630
:This technology that could grow
exponentially in the next few years
631
:and put that money there with our
customers that we already have
632
:and take it to the next level.
633
:That will transcend a
small business set aside.
634
:And those are those are the sort of
the tug of war that we were having.
635
:I think overall, an
investment needs to be made.
636
:You can't just sit idly wait
for more contracts to come in.
637
:You have to invest.
638
:It's just Is it in acquisition?
639
:Is it in self development?
640
:Is it, you know, you know,
in business development, even
641
:sure that we just before.
642
:So,
643
:Tim Winkler: yeah, I mean, I could see
the, I could see the, the angle as well.
644
:Like, you know, Ralph, you described
having to hire an entire sales and
645
:BD team, like, A potential aqua hire,
right, where it's really strategic to,
646
:you know, gobbling up a, a team of,
you know, five to 10 sales BD folks
647
:who've already been penetrating these
markets for some time and have those
648
:relationships in place, uh, to, you
know, hiring is not easy, uh, hiring
649
:good sales folks is really not easy.
650
:And so making that a, a part of that
strategy, Ralph, did you guys do any
651
:sort of M and a, um, you know, shortly
before or after your transition?
652
:Rolf Holman: So, uh, so the,
the, the real piece there was.
653
:Having grown organically, we were
very used to being in the room when,
654
:hey, can you do this and the task
order is created and ceiling is there.
655
:We can make it.
656
:Or introduced to a customer
that has something not saying
657
:it wasn't a competition.
658
:It was still work to be done, but that
kind of growth compared to actually
659
:having to put a compliant bid in.
660
:Was two different worlds.
661
:And so the investment.
662
:Of the front end when I got here was
putting people in Falconwood that could
663
:actually produce a compliant bit so
that you're not sending in a security
664
:letter that's dated 2 years ago.
665
:That should have been dated 90 days
from the release of the competition
666
:get kicked out for compliant.
667
:Um, and from from that standpoint, no,
we were not we were not looking for.
668
:We were not in any active.
669
:M& A role our our focus was.
670
:We have now graduated.
671
:What do we need to look like 1 year
from now, 3 years from now, 5 years from
672
:now, and that had everything to do with
market that we were going to portfolio,
673
:which was another piece I didn't mention
earlier is the, you know, the culture
674
:of the company, but also the portfolio.
675
:Our portfolio of what we
focused on 5 years ago is very
676
:different than what we are today.
677
:And it's mainly because of the technology.
678
:So, most of our investment has
been more towards the portfolio,
679
:what we're going after.
680
:And now it's a part of, uh, coming across
supporting smalls and a big chunk of
681
:our, uh, pipeline is I'm a sub to small
businesses that want my past performance.
682
:And that's that's a big
chunk of our pipeline today.
683
:We're very prescriptive of what we're
going after as a prime only because I
684
:need to know who's going after that.
685
:And so we're, we're really
selective on that aspect.
686
:Okay.
687
:Um, And then, as, as the, as the
market, you know, changes, and,
688
:you know, a lot of small businesses
are exiting the government space.
689
:They're, they're, they're just, they,
you know, cost plus fixed fee, you
690
:got 8 percent that you're looking at,
and you're giving 5 percent to your,
691
:your subs that you have on there,
and then you've got to try to manage
692
:how you're going to make that money.
693
:And I'm not the finance guy here.
694
:If I understand that, Okay.
695
:You know, it's, it's probably most people
that will be listening to this to hear
696
:me quoting finance pieces right now.
697
:They'll be falling off their chair.
698
:But no, so to answer your question,
the look for any mergers, it
699
:was only if we had a specific
technology we were going to pivot to.
700
:So, to 2 areas, we really
have pivoted to that.
701
:We were there cyber.
702
:We were there, but we've really pivoted
towards what cyber has grown to.
703
:And then on the data sciences piece,
we've really pivoted to what we
704
:do in our data science base and
have hired people in that area.
705
:And and luckily for us, you know, as the
seat of contractor, we have the world's
706
:largest network outside of the Internet.
707
:To harvest data off of and, and we have
that intellectual property that I'm
708
:walled off from that customer, but it
doesn't keep me from being able to take
709
:the intellectual property of what we've
learned and how we do things to, to go.
710
:It transcends across all of government
and quite frankly, all of commercial.
711
:Tim Winkler: Yeah, and I, I, just for
folks that maybe aren't, uh, privy
712
:to, you know, the ins and outs of
some of the government contracting.
713
:Uh, terms, acronyms as well.
714
:Uh, so from what I understand, it's,
it's a systems engineering or technical.
715
:Advisory advisory, and
that we are agnostic to
716
:Rolf Holman: we're
agnostic to any technology.
717
:We help the government choose the right
technology to run on a specific program.
718
:Okay.
719
:And that that that is our
largest contract that we have.
720
:However, we have shifted and we
now can actually do the systems
721
:integration for the same technology.
722
:On other contracts, and so we're,
we're completely walled off from that
723
:one customer, um, and, and, and have
a tremendous amount of intellectual
724
:property around the entire IT stack.
725
:When it comes to the evolution
of what MMCI was in the year
726
::
727
:Is, is pretty amazing.
728
:Tim Winkler: Yeah.
729
:And MCI was a client of ours
back in like:
730
:It was a long time ago, but,
um, um, I'd also need to give a
731
:quick shout out because we had a.
732
:We had a Fal, uh, a Falcon
Wood, uh, employee on a previous
733
:episode, uh, Katie Wildman.
734
:Um, and, uh, you know, she was there
because, you know, she was kind
735
:of this intermediary between, you
know, a commercial entity and the
736
:government customer with the, the
Navy was, was the, the customer here.
737
:But, um, you know, her, her
kind of knowledge and uh, just.
738
:Savviness was, was really, was really,
um, uh, uh, a breath of fresh air to
739
:see when you, when you think about how
some of this gets translated to, to
740
:folks that maybe aren't as technical.
741
:So it was really interesting model,
um, that, that you guys have there.
742
:You know, you know, we work with a
few, uh, uh, small, small businesses,
743
:the bulk of, of our partners, when
we talk about from a talent and
744
:recruiting perspective, right.
745
:You know, these are companies
that are anywhere from 25 to,
746
:you know, 100, 150 in headcount.
747
:And they're thinking about these things.
748
:And so I, you know, in prep for
this, I asked, you know, some of our
749
:partners and clients, you know, what,
you know, what are, what are you
750
:really, you know, most planning for?
751
:And I think the number one thing
that consistently came up was,
752
:you know, ensuring that they
diversify their client base.
753
:Um, you know, if you're just stuck in.
754
:You know, you're only, you know, defense
health agency and that's all you do.
755
:Um, you know, having a little bit more
of a, uh, uh, a network into some other
756
:areas before you hit that mark, because.
757
:You know, starting from scratch is
going to be a lot more difficult
758
:once you make that transition.
759
:Um, what, what would you say, Greg,
in terms of like what some of those,
760
:so one of the more, more important
things that you all are thinking of
761
:is it, and how you're weighing that
between diversifying your customers
762
:or, you know, diversifying your
service offerings or your capabilities.
763
:Greg Schaub: Yeah, so I, I
think you're exactly right.
764
:It's, it's getting, it's trying to
diversify your, your customers and
765
:as a small business, you know, you
only have so many customers, uh,
766
:hence why you're a small business.
767
:So, it's, it's, it's sort of what
Ralph was kind of saying before about
768
:getting some of that project based,
uh, the contracts where you can.
769
:You know, with a teammate, get
in with some, a new customer
770
:and get the experience there.
771
:They get to know you a little bit.
772
:Uh, you mentioned, uh, you
know, with the 1 customer.
773
:Um, the problem is in
government, there is turnover.
774
:There's people get promoted.
775
:People move on to others and overnight.
776
:Somebody new comes in to the, the area
that you're really focused in and.
777
:They're coming from somewhere
else and they may already have
778
:somebody that they a couple of teams
that they're more familiar with.
779
:They feel more comfortable
working with, um, that that work
780
:and evaporate pretty quickly.
781
:So, yeah, I, I think you, you have
to be looking at that looking at
782
:ways, um, you know, whether it's, you
know, tangent, uh, agencies, or just
783
:something, somebody completely different
on the other side of the spectrum.
784
:Um, but that's where we we're
focused on as well right now.
785
:Tim Winkler: So, you know, we've
got a new administration, uh,
786
:coming into play here very soon.
787
:And, um, yeah, there's all sorts of, uh,
you know, white noise back, back, back in
788
:the background of what's going to happen.
789
:Everybody's got some ideas
and, um, there's certainly
790
:going to be some changes.
791
:Uh, Are there any emerging trends or, or
things that you all are really dialing
792
:into, um, with the new administration
coming in that you would say, you know,
793
:you'd recommend as maybe something
top of mind for, you know, other
794
:small businesses that are entering
the space or, or also, you know,
795
:graduating that's open for anyone.
796
:Greg Schaub: I mean, from my perspective,
I feel like it's so unknown right now.
797
:What's what it's really going to
look like, because they're throwing
798
:a lot of ideas out there right now.
799
:I've been to a couple of conferences
in November, right after election
800
:with some big names, and they've
been trying to speculate as well.
801
:Um, I think overarchingly what the
sense obviously we're all getting
802
:is they're looking to be a more
efficient government going forward.
803
:Um, you know, whether it's going
to be the initiative with the doge.
804
:Mhm.
805
:Group or just, you know,
initiatives within agencies.
806
:Um, and with that, I think that's where
industry, where we can really help in that
807
:regard, bringing technologies, bringing
best practices we as corporations,
808
:especially a small business have to
work efficiently because, um, we only
809
:have so much revenue, so much capital.
810
:We have to, you know, wear multiple hats.
811
:And, um, I think.
812
:I think that's kind of a key for,
you know, small businesses or even
813
:large businesses in the small realm
is, is how can we support that
814
:initiative and bring that forward?
815
:Tim Winkler: Any closing remarks, Rolf,
before we transition to the final segment?
816
:I
817
:Rolf Holman: would just say that
I'm staying focused on what I know
818
:is going to be in the next 3 to 6
months that has budget behind it.
819
:And that when things, you know, shake
out the way they shake out and we
820
:are not in the oil and gas business.
821
:So that's the only area that I
know is going to see a spike.
822
:Outside of cyber.
823
:So,
824
:Tim Winkler: all right.
825
:All right.
826
:Well, I know there's a number of other
things that we could probably get to,
827
:uh, not not going to make it on this,
this episode, but maybe a follow up.
828
:But, um, I wanted to take some time to
transition to the final segment here in
829
:the last few minutes that we've got here.
830
:Uh, again, this is the,
the five second scramble.
831
:Uh, we'll be asking each of
you a series of questions.
832
:You try to give your response within
five seconds, a little rapid fire Q
833
:and a some business, uh, some fun.
834
:Uh, Mike, why don't you kick us off with,
uh, Rolf and then I'll get around to Greg.
835
:Sure.
836
:Sounds good.
837
:Uh, you ready to go?
838
:Mike Gruen: Here we go.
839
:All right.
840
:Explain what a chief strategy officer
does as if I'm a five year old.
841
:I help somebody make money.
842
:Uh, what's the most important
skill you look for in a new hire?
843
:Communication.
844
:What's the best piece of
advice you've ever been given
845
:know what you don't know.
846
:I love that one.
847
:My sixth grade teacher had a thing
on her desk that said a man who
848
:knows what he knows and knows what he
doesn't know is a man who truly knows
849
:and stuck with me all these years.
850
:Anyway, love it.
851
:Um, uh, what's your favorite part
of the company culture at Falcon?
852
:Uh, there are tremendous
amount of caring people here.
853
:Aside from AI, what is an emerging
technology that you're excited about?
854
:Uh,
855
:Rolf Holman: AI pretty much is
the top of my emerging technology
856
:after seeing my son's new Apple,
uh, phone that he just got
857
:Mike Gruen: and what it does.
858
:Uh, uh, what, uh, what did you
want to do when you grew up?
859
:When you were a kid.
860
:I wanted to be a sportscaster.
861
:Rolf Holman: Any particular sport?
862
:I was a broadcast journalism,
broadcast journalism major in college.
863
:And that was my intent to be on ESPN.
864
:And I went to work for a bank.
865
:In their data processing
center while I was interviewing
866
:for jobs and EDS hired me.
867
:There you go.
868
:Uh, what's your favorite
app on your phone?
869
:Uh, my favorite
870
:Mike Gruen: app on my phone is
probably, uh, the flight tracker.
871
:Uh, what's something you dislike
doing but are really good at?
872
:Uh, getting up at five
o'clock in the morning.
873
:Uh, what's a charity or corporate
philanthropy that's near and dear to you?
874
:Rolf Holman: So, uh falconwood is
heavily involved in warrior canine
875
:connection and Uh, our founder and
ceo is actually trained two dogs.
876
:She had one For a good year and
a half, and that just went to
877
:a vet, and now has another one.
878
:The first one was named Rocky, after Rocky
Blyer, and they're named after veterans.
879
:And that particular, uh, um, litter
of puppies was named after athletes.
880
:And then the current is, uh, named
after, Thundercat is the code name for a.
881
:Air Force, uh, fighter pilot that actually
owns a small business called Thundercat.
882
:Yep, I'm very familiar
with that, actually.
883
:I know him.
884
:Anyway, go on.
885
:So, uh, that is very near and dear.
886
:And because I'm up here and
resting quite a bit, I get to, uh.
887
:Take the dogs for walks and,
and, uh, do some of the training.
888
:So it's great.
889
:Very cool.
890
:Greg Schaub: Has, uh, has Rocky
Blair ever met the real Rocky Blair?
891
:Rolf Holman: Uh, we actually have a
picture of Rocky when, uh, Rocky was six
892
:months old in Rocky's arms in Heinz Field.
893
:Uh, okay.
894
:Yeah,
895
:Greg Schaub: he's, he's
very big in the US.
896
:So up here in Northern Virginia,
he does a lot of events.
897
:So I know he's, he's very
involved in a lot of the military.
898
:Yeah.
899
:Mike Gruen: All right.
900
:And last question, uh, if you could
live in any fictional universe,
901
:which one would you choose?
902
:Fictional?
903
:Uh, in Whoville.
904
:Tim Winkler: Oh, good.
905
:Timely.
906
:Rolf Holman: Yeah.
907
:Yeah.
908
:I've watched The Grinch 15 times
with my grandson in the last year.
909
:Tim Winkler: I just watched it for
the first time with my, my two year
910
:old daughter, and I really wasn't sure
if she was going to be scared or not
911
:the Jim Carrey version and a little
scared at first, but then you got
912
:Rolf Holman: the old one.
913
:You've got the, the, uh, Cumberbatch
one and you've got Jim Carrey.
914
:That's right.
915
:Nice.
916
:Epic.
917
:Tim Winkler: All right,
Greg, are you ready?
918
:Sure.
919
:All right.
920
:Describe the culture
at, uh, Anika Systems.
921
:Greg Schaub: Oh, we are a fun bunch
to work with, uh, open and, uh,
922
:constructive with the criticisms, but
you know, we have a good time doing it.
923
:Tim Winkler: What type of technologists
would you say thrives at Anika Systems?
924
:Greg Schaub: Uh, really, I would say a
developer who's looking to, you know, get
925
:into something they've never been before.
926
:Tim Winkler: What kind of roles
are you hiring for at the moment?
927
:Greg Schaub: Um, just all of that.
928
:Anybody who is looking to, you
know, develop something that they
929
:have never experienced before.
930
:Um, looking, people are looking to, you
know, be part of that evolution of AI.
931
:Tim Winkler: Aside from graduating
from a small to not small, what, what
932
:would you say is one of the biggest
challenges that's facing Annika
933
:heading into the next couple of years?
934
:Greg Schaub: Uh, I think it's
the transitioning the mindset
935
:inside the business of what it's
like to be a small into more
936
:process, um, repeatable functions.
937
:Um, like I mentioned before, a lot
of us wear multiple hats and we've
938
:gotten good at it, but you start to
have to break that off and focus.
939
:Uh, like a large business would
940
:Tim Winkler: outside of AI.
941
:Is there an emerging technology
that you're excited to see
942
:evolve in the next five years?
943
:Greg Schaub: Oh, I don't know.
944
:It seems like everything is AI these
days, whether, whether it's the front
945
:end or not, I'm still waiting for
the flying cars to become a thing.
946
:So I would like to see that technology.
947
:Eventually.
948
:I think it's getting closer than it did.
949
:I mean, I was promised
it 20 years ago, but
950
:Mike Gruen: I don't know.
951
:People can't drive in two dimensions.
952
:I can't imagine they can handle.
953
:I just
954
:Tim Winkler: want back to the future.
955
:I want to hoverboard
from back to the future.
956
:Um, what, how would you describe
your, your morning routine?
957
:Greg Schaub: Oh, gosh, my morning
routine is, you know, getting up at six
958
:in the morning, trying to get the kids
off to, to school and, um, you know,
959
:getting my coffee and getting on the
computer usually by six 30, um, while
960
:they're working in the background.
961
:Um,
962
:Tim Winkler: do you have a
favorite app on your phone?
963
:Greg Schaub: Reddit.
964
:Nice.
965
:Love Reddit.
966
:Tim Winkler: What is a charity
or corporate philanthropy
967
:that's near and dear to you?
968
:Greg Schaub: Uh, I'm big on the
dog rescue groups and actually I
969
:support, I have a foster right now
from a beagle rescue group here in
970
:Virginia, Maryland area called brew,
uh, beagle rescue and education.
971
:Um, so those, those are the.
972
:Yeah.
973
:Anything, you know, animal
rescue related is near and dear.
974
:Tim Winkler: Same.
975
:Yeah.
976
:We'll give it a shout out in
the, uh, show notes as well.
977
:Uh, if you could have dinner
with any tech icon past or
978
:present, who would it be with?
979
:Greg Schaub: Oh, wow, um,
980
:I have 5 seconds, right?
981
:Tim Winkler: Yeah,
982
:Greg Schaub: you know, I think, um, you
know, Steve jobs always comes to mind 1st.
983
:I know he was a bit prickly.
984
:You know, he has a reputation,
especially, you know, posthumously.
985
:But, you know, he was successful for
a reason, um, the way his mind work.
986
:I would love to hear more about that.
987
:I mean, there's been books
written about it, but to hear it
988
:from the source would be great.
989
:Tim Winkler: Yeah.
990
:I mean, I think from impacting
the amount of consumers, just
991
:humans that have been impacted by
his technologies are impressive.
992
:Um, what is the worst fashion
trend that you've ever followed?
993
:Greg Schaub: Oh, but I followed,
oh my gosh, uh, there was
994
:a, it's gotta be the mullet.
995
:Uh, there was, there was a, there was
a brief part back in the 80s where,
996
:you know, I, you know, I got on board
with that and, uh, luckily there's
997
:only a few pictures with me, but
they come out quite frequently, but,
998
:Tim Winkler: yeah, well, we'll be sure
to get one of those for your headshot
999
:on the, uh, thumbnail for this episode.
::
Uh, last one.
::
And what was your dream job as a kid?
::
Greg Schaub: Oh, I was I was
destined to be a baseball player.
::
I love baseball.
::
Um, you know, I played competitively.
::
I mean, I was 1 of those guys that you
hear about time and time again that the
::
story glory of the song glory days was
written about, you know, you know, that
::
that high school pitcher that was scouted.
::
Um, to only have his arm blown out and
reconstructed right at the end of his
::
high school years and, uh, you know, down
the drain it went, which in retrospect,
::
I often say it's a blessing because I
probably wouldn't have made it, um, very
::
far into the, you know, especially not the
major league level, but, uh, I probably
::
would have messed around too long.
::
Uh, instead I was able to focus
on a, you know, a real career that
::
I was probably more suited for.
::
Tim Winkler: Nice.
::
Awesome.
::
Well, that is a wrap.
::
Uh, thank you both so
much for, for joining us.
::
You've been excellent guests.
::
Uh, thanks for sharing
your insight on this topic.
::
I'm sure that this is a conversation that
will help a number of, of our listeners
::
that are either planning on making this
leap or this transition in the future.
::
So again, appreciate you taking the
time to join us here on the pod.