Podcasts about heico

On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. “Rocket” Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss another up week on Wall Street allowed investors recoup losses since President Trump's unprecedented tariffs, but strategists warn conditions for sustained growth don't exist; the administration proposed “skinny budget” to boost defense spending by 13 percent to $1 trillion; China's openness to tariff talks as Britain's Chancellor Rachel Reeves calls on Washington to make a deal; frustrated Boeing's delays on new Air Force Ones, Trump asks L3Harris to convert a former Qatari royal family 747-8 as an interim measure; Washington approves a $350 million deal with Ukraine for F-16 maintenance and training as the CIA's former director of operations Ralph Goff says that the Biden administration gave Ukraine enough weapons not to lose but not enough to win against Russia; Airbus, AeroCap, Albany International, Bombardier, Crane, Garmin, HEICO, HII, Howmet, Leonardo DRS, and Rolls-Royce report earnings; Boeing's decision to sell its Jeppeson unit to Thoma Bravo and what it means for the commercial airplane giant's acquisition of Spirit AeroSystems; and a $3.5 billion missile sale to Saudi Arabia as the president prepares to visit Riyadh, Qatar and the UAE.

Alissa Coram and Justin Nielsen analyze Monday's market action and discuss key stocks to watch on Stock Market Today.

Alissa Coram and Ken Shreve analyze Thursday's market action and discuss key stocks to watch on Stock Market Today.

Alissa Coram and Ken Shreve analyze Thursday's market action and discuss key stocks to watch on Stock Market Today.

Alissa Coram and Ed Carson analyze Tuesday's market action and discuss key stocks to watch on Stock Market Today.

Alissa Coram and Ed Carson analyze Tuesday's market action and discuss key stocks to watch in Stock Market Today.

In dieser Folge reden wir über traditionelles Tuning am Beispiel von Heico Sportiv, die seit Jahrzehnten der Volvotuner sind. Wem das Angebot von von Volvo nicht reicht, sollte unbedingt mal einen Blick auf die Website von Heico werfen und den Podcast dazu hören :-)

IG Bank feiert ihr 10-jähriges Bestehen in der Schweiz

The macro picture might be putting a damper on guidance for some companies, but depressed valuations and climbing cash balances mean as the macro picture clears up, money could come back into the market in waves. (00:21) Jason Moser and Matt Argersinger discuss: - What Brian Niccol will need to do to turn around Starbucks as CEO, and how Chipotle will handle the departure of their superstar executive. - Earnings updates from Home Depot, Walmart, and Brinker. - Warren Buffett's latest buys – Ulta Beauty and Heico – and what Berkshire and other smart money's rising cash hoards might mean. (30:45) Jason and Matt break down two stocks on their radar: Palo Alto Networks and Kenvue. Stocks discussed: SBUX, CMG, HD, WMT, EAT, PANW, KVUE Host: Dylan Lewis Guests: Jason Moser, Matt Argersinger Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

In der heutigen Folge von „Alles auf Aktien“ sprechen die Finanzjournalisten Anja Ettel und Philipp Vetter über die Kauflaune bei Walmart, Rückenwind für Nike und einen neuen Starlink-Konkurrenten. Außerdem geht es um Cisco, Berkshire Hathaway, Heico, Sirius XM, Bavarian Nordic, Alibaba, JD.com, Baywa, AST SpaceMobile, AT&T, Verizon, SpaceX, Amazon, Home Depot, Apple, Alphabet, Hyundai, OpenAI, Microsoft, BMW, Tesla, den iShares Automation & Robotics (WKN: A2ANH0) und den Amundi MSCI Robotics & AI ESG Screened (WKN: A2JSC9). Der iShares Core MSCI World ETF (Acc) (WKN: A0RPWH) ist der thesaurierende ETF und der iShares MSCI World ETF (Dist) (WKN: A0HGV0) ist die ausschüttende Variante. Wir freuen uns an Feedback über aaa@welt.de. Ab sofort gibt es noch mehr "Alles auf Aktien" bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. Außerdem bei WELT: Im werktäglichen Podcast „Das bringt der Tag“ geben wir Ihnen im Gespräch mit WELT-Experten die wichtigsten Hintergrundinformationen zu einem politischen Top-Thema des Tages. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Join Michelle Martin on her tour of markets! Hosted by Michelle Martin with Ryan Huang, they dive into Warren Buffett's surprising bets on Ulta Beauty and Heico, as well as Bill Ackman's interest in Nike. Discover how Starbucks' new CEO is reshaping the company and how Singapore's Far East Orchard, China Aviation Oil, and Frencken Group are posting sharp profit jumps. They also explore the challenges faced by AEM, Genting Singapore, and more in the latest batch of earnings announcements.See omnystudio.com/listener for privacy information.

In diesem Podcast werfen wir einen Blick auf Heico, eine vielversprechende Aktie im Bereich Luftfahrt, Verteidigung und Weltraum. Entdecke, warum Heico als Geheimtipp gilt und wie das Unternehmen es geschafft hat, sich trotz der Turbulenzen im Luftfahrtsektor langfristig stabil zu behaupten. Inhalte:1. Geschäftsmodell: Einblicke in das robuste und effektive Geschäftsmodell von Heico.2. Fundamentale Daten: Analyse der finanziellen Gesundheit und der Stabilität von Heico.3. Chartanalyse: Visuelle Aufbereitung der Aktienentwicklung mit wichtigen technischen Indikatoren.4. Wettbewerbsvergleich: Wie schneidet Heico im Vergleich zu anderen Akteuren im Luftfahrt- und Verteidigungsmarkt ab?5. Renditepotenzial: Erfahre mehr über die beeindruckende durchschnittliche Rendite von 22% pro Jahr.6. Anker-Investoren: Wer investiert in Heico und warum ist das wichtig?7. Zukunftsaussichten: Ausblick auf die zukünftigen Chancen und Herausforderungen für Heico im Luft- und Raumfahrtbereich.8. Wirtschaftlicher Burggraben: Untersuchung der langfristigen Wettbewerbsvorteile, die Heico sichern. *Inhaltsverzeichnis*00:00 Intro01:08 Langfristiger Chart von Heico02:18 Heico vs. S&P 500 vs. TransDigm Group vs. Safran vs. Spirit AeroSystems vs. Triumph Group03:12 Heico: Historie04:04 Einsatzgebiete & Geschäftsbereiche10:08 Flight Support Group & Electronic Technologies Group11:44 Flight Support Group im Detail13:15 Electronic Technologies Group im Detail14:07 Eigentümerstruktur von Heico & CEO Laurans A. Mendelson15:41 Heico: Umsatz & Margen Entwicklung16:23 Umsatz nach Region & Segment16:57 Heico: Gewinn-, Cashflow-Entwicklung & Dividenden19:29 Heico: Bilanz-Überblick20:05 Übernahme von Wencor Group20:55 Heico: Kennzahlen-Überblick (KGV)21:47 Heico: Dividenden22:32 Piotroski-Score23:18 Heico Chartanalyse24:02 Ist die Aktie von Heico derzeit ein Kauf?26:42 Disclaimer & Danke fürs Einschalten! *Für Warteliste eintragen*https://analyse.maximilian-gamperling.de/kompass-warteliste *Social Media*- Instagram: https://www.instagram.com/maximilian_gamperling/- LinkedIn: https://www.linkedin.com/in/gamperling/- Newsletter: https://www.maximilian-gamperling.de/newsletter- Podcast: https://akademie.maximilian-gamperling.de/podcasts/anker-aktien-podcast *Meine Tools*- Charts*: https://de.tradingview.com/?aff_id=117182- Aktienfinder: https://aktienfinder.net- Finchat.io*: https://finchat.io/?lmref=5vpktQ- TransparentShare: https://bit.ly/3laA6tK- SeekingAlpha*: https://www.sahg6dtr.com/QHJ7RM/R74QP/- Captrader*: https://www.financeads.net/tc.php?t=41972C46922130T *Disclaimer*Alle Informationen beruhen auf Quellen, die wir für glaubwürdig halten. Trotz sorgfältiger Bearbeitung können wir für die Richtigkeit der Angaben und Kurse keine Gewähr übernehmen. Alle enthaltenen Meinungen und Informationen dienen ausschließlich der Information und begründen kein Haftungsobligo. Regressinanspruchnahme, sowohl direkt, wie auch indirekt und Gewährleistung wird daher ausgeschlossen. Alle enthaltenen Meinungen und Informationen sollen nicht als Aufforderung verstanden werden, ein Geschäft oder eine Transaktion einzugehen. Auch stellen die vorgestellten Strategien keinesfalls einen Aufruf zur Nachbildung, auch nicht stillschweigend, dar. Vor jedem Geschäft bzw. vor jeder Transaktion sollte geprüft werden, ob sie im Hinblick auf die persönlichen und wirtschaftlichen Verhältnisse geeignet ist. Wir weisen ausdrücklich noch einmal darauf hin, dass der Handel mit Aktien, ETFs, Fonds, Optionen, Futures etc. mit grundsätzlichen Risiken verbunden ist und der Totalverlust des eingesetzten Kapitals nicht ausgeschlossen werden kann.Aussagen über zu erwartende Entwicklungen an Finanzmärkten, insbesondere Wertpapiermärkten und Warenterminbörsen, stellen NIEMALS EINE AUFFORDERUNG ZUM KAUF ODER VERKAUF VON FINANZINSTRUMENTEN dar, sondern dienen lediglich der allgemeinen Information. Dies ist selbst dann der Fall, wenn Beiträge bei wörtlicher Auslegung als Aufforderung zur Durchführung von Transaktionen im o.g. Sinne verstanden werden könnten. Jegliche Regressinanspruchnahme wird insoweit ausgeschlossen. *Affiliate-Link #Heico #Aktie #Börse

 Indexes faded into the close but still ended with solid gains. But don't be tempted. One day isn't enough to change a trend. Still it's worth noting stocks that are doing well. On the defensive end, Church & Dwight broke out of a flat base, Alphabet has reestablished itself as a relative strength leader and Heico is flirting with resistance around 200.

Idag intervjuar vi Adnan Hadziefendic som är en av Sveriges främsta experter på serieförvärvare. Han har tidigare jobbat som analytiker på både Danske Bank och Swedbank och är nu förvaltare på REQ Capital. Diskussionspunkterna inkluderar:Vilka egenskaper som gör att serieförvärvare ofta är attraktiva investeringar.Hur man värderar en serieförvärvare.Magnituden av decentralisering för framgångsrika serieförvärvare.Vad man ska leta efter gällande dynamiken mellan förvärvande och förvärvade bolag.Hur man ska tänka kring belåning vid M&A.Vad som signalerar ett bra management för en serieförvärvare.Kapitalallokering.Bolag som nämns: Lifco, Lagercrantz, Addtech, Indutrade, Momentum Group, Atlas Copco, ASSA ABLOY, Constellation Software, Heico, Embracer, Storskogen och Berkshire Hathaway.–Quartr ProTa reda på varför världens ledande hedgefonder och equity research institutioner samt flera investor relations managers på Fortune 500-bolag använder Quartr Pro i sitt dagliga arbeta och testa produkten genom en gratis trial via länken nedan.https://quartr.com/demo–A Deep Dive into Shareholder Value Creation by Acquisition-Driven CompoundersAdnans och REQs 300 sidor långa studie på serieförvärvare.https://req.no/wp-content/uploads/2024/01/REQ-Deep-Dive-Acquisition-driven-Compounders-December-2023.pdf–Stort tack till vår huvudsponsor Avanza!Aktiesnack jobbar både med sponsring och hjälper bolag med exponering för våra över 10 000 lyssnare per avsnitt. För att komma i kontakt med oss:magnus_skoog@outlook.com | +46737324044peter.westberg@quartr.se | +46700420134Twitter: @AktiesnackPoddMagnus: @analytikern1234Peter: @Matematikern3 Hosted on Acast. See acast.com/privacy for more information.

Tercera hora de Visión Global que dedicamos a nuestro consultorio de Wall Street con Rafael Ojeda, de Fortage Funds. Con él hablamos de compañías como Edwards Lifesciences, Walmart, 3M, Amazon, Carvana, Heico, CDW Common, Accenture, Qualcom, Coupang, Arch Capital, Broadcom, Micron, IBM, Intuitive Surgical, Meta, Eli Lily, Colgate-Palmolive y Waters Corp. Después, último repaso a la actualidad. Terminamos con el último análisis de la jornada en el que nos acompaña Joaquín Robles, analista de XTB. Con él analizamos la situación en los mercados en una jornada marcada por nuevas subidas en los índices de Wall Street a pesar de un dato de inflación en EEUU peor de lo esperado. También hablamos de las nuevas subidas en la tecnología estadounidense al calor del acuerdo comercial anunciado por Oracle y Nvidia. También preguntados al experto por las cuentas que va a presentar Inditex mañana y que cerrarán la temporada de resultados en España.

This is Matt Reustle. Today we are breaking down HEICO. HEICO is an aerospace business, most notably operating in the aircraft parts and repairs market. This is another case study of a very successful business in a nonobvious niche market. To break down HEICO, I am joined by Eric Ruden, an analyst at Ironvine Capital. We cover the fascinating story of the Mendelson family and how they've built HEICO into what it is today. And if you haven't listened to the 50X Podcast on TransDigm, it makes for an excellent pairing with this HEICO breakdown. So please enjoy this breakdown on HEICO. Pair with TransDigm on 50X. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by 10 East. 10 East is a platform where qualified investors can co-invest on a deal-by-deal basis across private equity, private credit, real estate ventures, and other one-off opportunities typically unavailable through traditional channels. It's no surprise that founders, executives, and portfolio managers from leading investment firms are using 10 East to diversify their personal portfolios. Their level of sourcing and diligence is institutional grade. To learn more, check out 10east.com. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @zbfuss | @ReustleMatt | @domcooke Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to Business Breakdowns  (00:02:53) First Question - Understanding the Aerospace Market (00:06:58) The Role of HEICO in the Aerospace Market (00:15:03) The History and Evolution of HEICO (00:20:23) Introduction to Mendelson Brothers and their Business Operations (00:22:58) The PMA Business and its Growth Drivers (00:28:49) The Role of HEICO's Go-to-Market Strategy Against OEMs (00:40:05) The Role of M&A in HEICO's Growth Strategy (00:43:46) Comparing HEICO and TransDigm (00:48:35) HEICO's Financial Model (00:50:06) Potential Risks and Challenges for Heico (00:57:55) Key Lessons from Heico's Business Model Learn more about your ad choices. Visit megaphone.fm/adchoices

On the 27th episode of Enterprise Software Innovators, hosts Evan Reiser (Abnormal Security) and Saam Motamedi (Greylock Partners) talk with Tom Gerdes, EVP & CIO of The Heico Companies. Employing over 9,000 people globally and with an annual revenue of over $2.5 billion, The Heico Companies is the parent company for over 70 high-performing manufacturing, construction, and industrial businesses. In this conversation, Tom discusses the advantages of generative AI at enterprise scale, the realistic impacts of AI on modern manufacturing processes, and ethical considerations of AI adoption.Quick hits from Tom:On The Heico Companies's current use of automation: “Some of our products have telematics built into them. And so taking that information, being far more aware of the status of the equipment, how it's being operated and ensuring that you're getting the maximum value for your end consumer out of that product. While you think about things like cranes and forklifts being non modernized technology, even when they're human operated, the real ability to get better data and better insights and then use those models to start getting what you've seen in a lot of airline industries, which is uptime and availability of equipment and really putting that across our portfolio of products.”On the impacts of AI on human labor: “I don't see a transformational shift in taking a lot of the labor out of that process. I think it's about skilling that labor up and utilizing automation as a means to get more value out of what we do in a manufacturing organization. But when you're running a furnace to produce steel billets and when you're rolling those into a rod and we're drawing it into wire, there's certainly a level of automation that can work there.”On the risk of adopting AI tools: “If you're trying to drive risk to zero. You're in my view, driving value down to negative or certainly below zero. I think it's very hard and I think the whole component of generating value is about understanding and accepting risk, and making sure that risk is also effectively communicated to the business.”Recent Book Recommendation: Essentialism by Greg McKeown--Like what you hear? Leave us a review and subscribe to the show on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.Enterprise Software Innovators is a show where top tech executives share how they innovate at scale. Each episode covers unique insights and stories that will help you succeed as a technology leader. Find more great lessons from tech leaders and enterprise software experts at https://www.enterprisesoftware.blog/ Enterprise Software Innovators is produced by Luke Reiser and Josh Meer.

The aviation aftermarket has seen some big mergers recently, such as Heico's purchase of Wencor. Aviation Week editors discuss why M&A is picking up and the outlook for more deals.

In Folge 43 haben Philipp & Fabian den Marktexperten und Getreidemakler Heico van der Bijl zum Thema technische Analyse zu Gast im Agrarmarktpodcast.Heico war viele Jahre Getreidehändler bei der Agravis Ost, ist mittlerweile Makler bei der Hamburger ABK und Fachmann zum Thema Technische Analyse von Märkten. Als analysierender Holländer erklärt er in dieser Folge, worum es bei der Chartanalyse geht, was für Mechanismen dahinter stecken und wie jeder dieses Werkzeug für sich und seine Marktentscheidungen nutzen kann. Natürlich gibt Heico auch seine aktuelle Einschätzung zum Raps- und Weizenmarkt ab und spricht darüber, ob das jetzt schon eine Trendumkehr war.Timestamps:(00:00) Intro: Worum geht's im Interview? Märkte lesen & Entscheidungen besser timen!(02:04) Marktupdate Agrar: Rain makes grain(07:14) Marktupdate Makro(12:43) Interviewgast Heico stellt sich & Getreidemakler ABK vor(16:43) Heico erklärt was Chart- & Technische Analyse ist und wie man‘s nutzen kann(27:39) Trendumkehr?! Heicos Analyse zur aktuellen Entwicklung der Raps- & Weizenpreise(37:49) Fazit & AbmoderationSchreibt uns gerne, egal ob Anregungen, Lob oder Kritik: Der Agrarmarktpodcast auf Instagram, auf LinkedIn, auf Youtube, oder per Mail an studio@agrarmarktpodcast.deDisclaimer: Die im Podcast besprochenen Aktien, Finanzinstrumente und Rohstoffe stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und Beteiligten des Agrarmarktpodcasts haften nicht für etwaige Verluste, die aufgrund der Umsetzung dieser Gedanken oder Ideen entstehen.#Agrarmarktpodcast #Rohstoffhandel #Weizen #Mais #Gerste #Raps #Soja #Agrarpodcast #Landwirtschaft #MATIF #Agrarrohstoffe #Agrarhandel #spreads #chartanalyse #technischeanalyse #TA Hosted on Acast. See acast.com/privacy for more information.

Ce vendredi 18 novembre, Virginie Robert, présidente de Constance Associés, William Higgons, président d'Indépendance et Expansion AM se sont penchés sur Heiko et ADL Automotive, des portefeuilles à vendre ou à acheter dans On achète ou on vend ? dans l'émission C'est Votre Argent présentée par Marc Fiorentino. C'est Votre Argent est à voir ou écouter le vendredi sur BFM Business.

Ryan Williams, founder and CEO of Cadre, talks about using real estate as an inflation hedge, its risks and rewards, and where he's seeing strength in the market. He finishes with a discussion of how retail investors can gain access to real estate deals previously reserved for institutions and high net worth individuals. Irusha and Justin finish with a discussion on CoStar (CSGP), Rollins (ROL) and Heico (HEI). For more episodes, visit investors.com/podcast.

We've all heard the stories and statistics about the supposed death of American manufacturing. But America's industrial sector never truly went away. Many, many companies are thriving, and today's guest argues we're experiencing an outright renaissance. In this episode of Faster, Please! — The Podcast, I'm joined by Gaurav Batra, who previously co-led McKinsey & Company's Advanced Electronics Practice in the Americas. Along with Asutosh Padhi and Nick Santhanam, he's the author of the new book, The Titanium Economy: How Industrial Technology Can Create a Better, Faster, Stronger America. This from the book:The Titanium Economy is the secret weapon of American industrial revival—the key to ensuring the country's economic vitality as the Fourth Industrial Revolution progresses and we face steep competition from global rivals. The next few years will be critical, as the future growth of the Titanium Economy sector in the United States is far from assured. Investors, policy makers, and the public at large must appreciate the importance of providing more robust investment in these companies, as well as how their growth brings so many positive ripple effects for individuals and communities, providing more high-quality jobs and boosting the economic prosperity of communities and whole regions.So what is the Titanium Economy? Listen in to find out!In This Episode:* The US industrial renaissance (1:14)* The businesses of the Titanium Economy (7:48)* American industry and technology (12:29)* Workers in the US manufacturing sector (16:20)* Finding America's next-generation industrial workers (21:26)Below is an edited transcript of our conversation.The US industrial renaissanceJames Pethokoukis: I think there's a caricature or perhaps a misperception about the US economy—I think you see it in the media—that the US economy is basically Wall Street, Silicon Valley, and big box stores. And that's basically your American economy, and it's certainly an economy that doesn't really make stuff in the physical world—with atoms—anymore. And the book, I think, is a corrective to that view. Why is that view wrong and, as you state, that the US is in the middle of an industrial renaissance?Gaurav Batra: Jim, you very accurately represented the perception of what's happened in the US economy over the last couple of decades. I think the story, whenever anybody tells it, is mostly about technology companies. It's mostly about financial services, mostly about Wall Street. As we started digging in, not just with the book but our work in the industrial sector, we realized that the reality is actually very disconnected with this perception. The reason we say that is, if you look at just pure numbers, still 20 percent of the US economy is completely dependent on US manufacturing. That number has not gone down. It may not have increased, but that number has sustained pretty well. If you look at employment, this sector still employs the bulk of the US economy's workers today. In terms of pure numbers, in terms of relevance, the sector never went away. It definitely slowed down because other sectors started growing, but manufacturing as a sector in the US still remained pretty staunch. That is at the sector level.As you unveil that a little bit and go under the hood, you realize that whenever we talk about Wall Street, we talk about the Facebooks, the Alphabets, the Apples of the world delivering incredible stock market growth. Everybody talks about how much of that you own in your portfolio. But the moment you start unraveling the industrial landscape, you actually see several—and the number is actually north of 20, 30—companies who have done actually fairly well over a much longer time period in terms of even delivering value to their shareholders. And these companies have done it not necessarily leveraging outsourcing, but they've done it by just strong, sensible business practices: how they run their companies internally, how they work with their customers, how they potentially create a niche for themselves in particular markets. For us, at least as we started (and I spent about a decade in this particular industry), as I looked at that perception, which was exactly what my idea was coming into the sector, versus what I took away from it after being a practitioner in the segment for about 10, 12 years: the perception and the reality don't match. I think the perception, as you rightly said, is all about Wall Street, all about technology, all about financial services. But the reality tells us that manufacturing has never gone away. Given what's happened over the last two years with the pandemic and the geopolitics of the globe around us, it is only telling us a flashing red [light] that this is actually going to get even more critical for all of us here in the US in the next couple of years.These are industrial companies. While they may not be classified as technology companies, they use technology. Consultants like talking about 5G and AI and cloud computing. But they're more than buzzwords. Those technologies are diffusing into the economy, and not just at places like Google or Amazon or Apple. Correct me if I'm wrong, I think what we're seeing in this industrial sector is these technologies are part of how they do what they do.Absolutely right. We think it's an essential ingredient to success going forward. To give you one example, there's a company called Bulk Handling Systems. It's based in Eugene, Oregon. They basically are recycling cardboard, cans, and plastic. Essentially stuff which has food in them. I think if you looked at them a decade earlier, they would tell you about all the manual processes, which is fairly unhygienic, about how somebody would have to pull that piece of food out of a cardboard can or a plastic can, and then put it in the recycling. Today, if you look at that company, it's using artificial intelligence, it's using latest-version technologies, it's using robots to find where these sediments are, getting them off the cardboard can and the plastics, and then essentially putting them through recycling. That's a very tangible example of how technology and the progress we've made there is really impacting the industrial landscape—and for the good. I think while this one might be on a production line—there are several others about how people are using similar techniques to ensure quality and efficiency on the production line—technology actually is also making these companies go to the next level of performance on pure, I would say, business processes.To give you another example, a place where I've seen technology help a lot of such companies is pricing. A lot of these companies create a lot of complicated engineering equipment. Equipment could be a boiler or a heat exchanger or a mixer for a food processing plant. It's not a standard thing you can buy off of Amazon. There's a lot of specifications going into it: temperature controls, material composition, process tolerances. People used to do all that work manually, in terms of negotiating with the customers, letting them design those kind of products. Today, they can go to a website. There's an electronic configurator, you can click and choose what kind of parameters it wants and it gives you a right outcome. And then similarly, it quickly tells you how much it's going to cost. A process which would have taken multiple weeks, in some cases months as well, is now getting compressed to a matter of days. I think technology will get pervasive. And the good part is, I think there's a very good fusion between what our industrial landscape does and what technology can provide to them to really make them go to the next level of performance, both in terms of meeting customer needs and satisfaction, and then, candidly, being much more robust [financially].The businesses of the Titanium EconomyIn those two examples, you've given two very different kinds of businesses. And in the book, you really give a sense of the span of the kinds of companies we're talking about. I wonder if you could give me a sense of the span of sectors that we're talking about.I think that's very relevant to discuss because I think a lot of times industrial is discussed as a monolith. It's very much discussed as a singular segment. But it's probably the worst articulation or the most inaccurate articulation of the segment we probably can come up with. Everybody has their own way of looking at it, the way we looked at it there are close to 90-plus what we call “micro-verticals.” And they essentially, as you rightly said, cover the whole spectrum.We wake up in the morning, we have a cup of tea or cup of coffee. The beans, which are being sent to us, have come from a food processing plant, which is either utilizing equipment or products which are being manufactured by companies, many of them here in the US. We pick up the phone in the morning to check our text messages, check our emails. The chips behind those phones—this has been obviously in the news of late quite a bit—come from semiconductor manufacturers. And the whole semiconductor industry, which is $400, 500 billion in size today, relies on innovations in precision manufacturing, which have been gaining over the last multiple decades. We get in our cars to go to work, automotive industries are now playing a big hand in it. We come to the office and we start writing on a piece of paper. The paper industry is there. Lunch is delivered to the office. It's packaged in specific packaging that's coming from companies like Sealed Air, where they're working on top-of-the-line packaging to keep the quality and the hygiene of the food high. And similarly, they're looking at packaging pallets of machinery and equipment, which is getting transported from one part of the country to the other part of the country.Anything I literally can touch is influenced by manufacturing in a meaningful way. So the spectrum is wide, and I think it's very important for us as members of society, as investors, as executives, to understand how complicated and how heterogeneous this segment is. Because once we start realizing that, not only do we see the importance of it in our daily lives, but then we also as executives, as colleagues, as workers, as investors in the segment, we are able to then understand the true value of these companies. A great example which always comes to my mind is a company called Graco. It's based out of Minneapolis. What they specialize in is high propulsion of fluids. So they get spray painting fluids in a can. They figured out how to get peanut butter in a jar. If you look at their segment, I can call them industrials, but it's nowhere related to tapping the automotive space or tapping the aerospace space, but they're looking at a particular niche in the market, and then having that change in mindset, having that change in how they view or how we view them then helps us appreciate that they're a market leader and they're a market leader in a need, which is not going to go away. We will be spray painting cars or spray painting something else. We will be eating peanut butter for a while.I think that's a great example because I don't think people think about flow control and fluid management very often. It's not a strict consumer name that people understand, nor is it manufacturing where you think of some sort of big factory, necessarily. But that is modern manufacturing that is essential to the modern American economy.Absolutely. I think there are countless examples like this, where companies are serving a very critical need. They're just not consumer brands, so we don't know their names. We can look them up if we wanted to. I think that's where they start suffering a little bit, in terms of both our mindset and our perception of these, and to the first question you asked: I think that's what then perpetuates at least our feeling that the whole economy is about the Facebook and Alphabet and Apples of the world, when actually there's a lot more innovation and value coming from the manufacturing sector as well.American industry and technologyTalking about technology and how these companies are using it. Again, I think there's a stereotype that this technology is employed by companies just to replace workers with some machine. I don't think that's probably the whole story.I think that's definitely not the full story, at least as well as my experience is concerned. Because I think there's definitely displacement. I think if anybody says that there is no displacement, then I think they're wrong. There is displacement in terms of what people are doing today. When technology comes in and makes it more efficient, then obviously as a responsible financial operator of a company, you would think about, “Hey, there is capacity opening up, so what should I do with it?” I think in the long term, there are definitely much more benefits, in my opinion. One is that the companies become much more healthier-going concerns, that they're able to invest in their own growth. And they can grow through investing in their own company's expanding markets, they can go acquire somebody else. So there is, in the end, a greater good coming out of the fact that the company has not become healthier concerns.Then number two is, I think it does create a new job category. How many people would've been thinking about hiring data analysts or digital product managers in industrial companies 10 years earlier? Probably not many. But today, if you go on any job board, there are so many of these employment opportunities existing out there, which will create a new set of workers, a new set of employment opportunities for the economy. So my sense is, at least given what I've seen from my vantage point, there will be short-term displacement, which I think, again, with the companies getting to be more healthier concerns, we'll probably minimize the short-term displacement aspect of it. But in the longer term, there is a lot of value to be driven out of this. It will improve our productivity. It will make everything better. And then as that happens, what we have seen also, and we catalog in the book through what we call the Great Amplification Cycle, as companies become healthier concerns, the communities and the workers which work there become more prosperous. And with the workers becoming more prosperous, the local economies benefit. And we genuinely believe, just given how manufacturing is—it's not localized, it has to be dispersed, it has to be all over the country—that's one very effective level we have to bring down the inequality we are seeing today in our country. So going to the Midwest, going to some of the “rust belt” and re-invigorating manufacturing here, will really have great-second order effects to the communities there.That's a good point. So where are these companies? Where are they located?They are everywhere. Funny enough, when we started compiling the research for the book, our impression was they were in the “middle coast.” Not the east coast, not the west coast, mostly in the middle coast. But interestingly enough, they're actually on the east coast and the west coast as well. Tesla is a very good example of a manufacturing company running in Fremont, California, in the heart of Silicon Valley. But these companies are everywhere. I think HEICO, if you look at it, based out of Florida, their businesses are in 80 cities across the country. Simpsonville we've cataloged in the book as a great example on the east coast where it's benefited from the tire industry and Sealed Air being in that particular region. Obviously the Midwest has a bunch of these around Milwaukee, and a lot of clusters are coming up around the Texas area. So they literally are everywhere, and that's why I think they are actually a great vehicle for ensuring the economic prosperity of the country, because just the reach is so vast.Workers in the US manufacturing sectorDo we have a sense of sort of the employment numbers? How many companies are we talking about, and do we have a sense of the employment?If you look at the industrial structure itself, I think it employs, at least from my last count, close to 18 to 20 percent of our overall labor base. I think if you look at it purely from a perspective of the number of companies, there are nearly 4,000 companies in the US which are industrial or manufacturing something or the other. Now, the cool part about all this is, in my opinion, most of them—I think three out of four of those 4,000 companies—are actually private companies. So you'll not find them on the NASDAQ or the Dow Jones. They're not traded publicly. They're held by private and mostly are family-owned companies which gives them a sense of resoluteness, which is very unique.And then number two is, close to 80 percent of these folks are actually fairly small in size. So south of $5 billion of revenue. These are, in the end, in numbers, tremendous. We hear about all of the big ones, but more than 75 to 90 percent, depending on what metric you look at, are companies which are not being publicly traded, are much smaller companies, and they are all over the country. That gives them the reach and the numbers. As I mentioned, they are close to about 18, 20 percent of the employment base. I think the coolest part about these guys, as we think about their impact on employment, is the two factors about this industry, which are pretty different and unique. Number one: You don't necessarily need a college degree to be a participant in this industry. People with vocational training, welding, fabrication training, can go join this industry that has really healthy careers. That's one. The labor market they cater to is much broader than other sectors, like if you take service or technology for that matter. And then number two: Compared to several other sectors, the pay in this sector, given that it's a fairly stable sector, is, depending on what analysis, anywhere between 40 to 100 percent higher than the average. More people get the chance to get employed. Over time, they all learn more than what their potential alternatives might be, and their reach is pretty high. All these factors have contributed to a huge engine for employment. And then, in turn, economic growth.How big a challenge is finding all those workers for these companies? That seems to be a big one.That's a huge one. And I think as we looked at least for the book and looking down [at] the things we need to change, the things which executives need to change about how they talk about their companies, how they run their companies. But I think the biggest change we need is in the labor supply area. And I think this is where the government and the public agencies have to come in and play a more active role. We're seeing some of that happen now with the CHIPS Act recently where obviously the government is putting a lot more emphasis on the local manufacturing industry. But I think this is the biggest challenge. Even if you compare the US with some of the other countries like Germany or China for that matter, that's where I think there is a big scope of improvement for us to essentially enable some of these public agencies, through funding, through programs with community colleges, through programs with vocational institutes, to essentially get more and more of that supply up. I think if you look at COVID times certainly when demand for a lot of these products like PPE or some of the home equipment went up because everybody started staying at home, the biggest challenge actually was to get workers to get to the factory, to be able to run these factories on more than one shift, to be able to cater to the increased demand. So far what we've seen, the government is headed in the right direction. I'm assuming more will come, which I think will be really fantastic.In the meantime, what we've seen is just companies doing things by themselves. I think one [thing] I really enjoy and I feel is encouraging is if you look at a company called IDEAL Industries, they have what they call an IDEAL Olympics. That's the place where they basically bring in talent, which is like welding talent, which is like machinist talent, and really attract people to that job category and job family and try to increase supply locally for them, for labor. So you're absolutely right, it's a huge problem. I think a lot more needs to be done urgently, because this is not something which gets solved overnight. So any move we make today will give benefits in a few years' time. But just given the importance of the sector and the fact that this is among the biggest bottlenecks today, I think requires immediate attention on fixing this problem.Finding America's next-generation industrial workersHow much of that talent problem is just a cultural problem where kids think, “Boy, I'd love to work for Google,” or, “I'd like to be a social media manager. I don't want to be a welder,” even though that might be a more satisfying job over the long term than being a social media manager. And that's where the jobs are; those aren't just 1950s jobs. Those aren't just middle-20th-century jobs. Those are 21st-century jobs still.You're right. I think that mindset from our side, what we teach our kids and how we inform them about what their options and career trajectories might be, I think is critical. And I think that comes back to our homes and comes back to our societies. I remember, we were interviewing a CEO for the book, and the quote that stuck with me was, “I have a harder time getting people in my factories because they much rather would be baristas at a Starbucks than actually come work in my factory when they would literally earn at least two times that amount within a few months already.” I think that really points to the fact that there is an element of training people, but I think the first step starts at home and first step starts in our minds: how we can get to our kids and our families the value and the purpose a manufacturing job can provide them. I think this is where we should get ahead of it as industry executives to talk about how prosperous lives can be in this particular segment, and then also change the image of the segment. Even before I started working in the segment intensely, my picture of a factory was, you are greased up, you are dirty, it's high temperatures, it's not exciting.Loud. Very loud and hot.Very loud. In some specific areas that might be true, but if you go through, I would venture 90 percent of the factories, they are spick and span. There is automation everywhere. There is safety. Working conditions are much different than what our perceptions are. So I think there has to be an element of that teaching, which the executive needs to do, about what kind of careers would manufacturing be able to afford folks. And then there's teaching at home also, I think, which we need to at least give to our kids, that there are multiple options: social media and retail and whatever, but we should also then be making sure we are talking about manufacturing as a real alternative given what it can afford.We talked a little bit about training. Is there anything else you'd like to see the federal government do?I think one thing which has always been an interesting topic for me is, I think if you bring focus and we bring transparency and accountability to what we do, we typically make good progress. So I would love to see—I don't know how best you put it… We have the surgeon general for the US. Why is there no chief manufacturing officer for the US? Somebody whose job is to ensure that the sector is being done in as healthy a state as possible, somebody whose job is to make sure we're not surprised, for example, with what we saw at COVID. Suddenly we had shortages of critical things at home. Obviously dollars will help, funding will help, policy will help. But I think to make sure that we don't play catch up all the time, one thing I would love to see, and this is my personal opinion, is something like a CMO for the United States. It's his or her job to make sure that they are thinking about the sector, what the sector needs not just today and five years down the line, 10 years down the line, and to make sure we don't kind of fall back. We always are proactively ahead of the curve on that. So that's one idea at least as we were doing our research that kind of stuck with me. 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On this episode of the Business Podcast, sponsored by Bell, our guests are “Rocket Ron” Epstein, PhD, of Bank of America Merrill Lynch, Richard Aboulafia of AeroDynamic Advisory and Sash Tusa of Agency Partners. Topics: — Wall Street posts a strong week as Washington debates whether America is in recession and markets brace for higher inflation — Performance of aerospace and defense shares on markets as companies report second quarter and first half 2022 earnings — Potential travel impact of  World Health Organization's decision to label monkeypox as a public health emergency — Expectations and reality regarding defense spending as Poland sends Germany a message in major arms order from South Korea — How supply chain challenges might give South Korean suppliers a tail wind — Supply chain, inflation and workforce emerge as common themes as Airbus, Albany, Babcock, BAE Systems, Boeing, Crane, Garmin, General Dynamics, HEICO, Hexcel, L3Harris, Leonardo, MTU, Northrop Grumman, Raytheon Technologies, Rheinmetall, Safran, Teledyne, and Textron report — Analysis of Airbus and Boeing results as giants grapple with supply chain challenges with implications across the commercial aviation ecosystem

This week we sit down with Gravel Locos founder Fabian Serralta to unpack the road to developing a stand out event.  New for this year, Gravel Locos will be adding an event in Peublo, CO in addition to the original event in Hico, TX. Episode Sponsor: Hammerhead.  Use coupon code 'TheGravelRide' for a free custom color kit and premium water bottle. Gravel Locos Website Support the Podcast Join The Ridership  Automated Transcription, please excuse the typos: Gravel Locos [00:00:00] Craig Dalton: Hello, and welcome to the gravel ride podcast, where we go deep on the sport of gravel cycling through in-depth interviews with product designers, event organizers and athletes. Who are pioneering the sport I'm your host, Craig Dalton, a lifelong cyclist who discovered gravel cycling back in 2016 and made all the mistakes you don't need to make. I approach each episode as a beginner down, unlock all the knowledge you need to become a great gravel cyclist.   [00:00:26] Craig Dalton: Have you ever thought about organizing a gravel event? I certainly have this week's guest Fabion. Serralta took that passion and idea to create an event. And created gravel Locos. The original event in Heico Texas is joined this year by a new event in Pueblo, Colorado. I sat down with Fabi and to learn about his inspiration for gravel Locos, the charitable component of what he does and the general theme of all gravel Locos events. Before we jump into the conversation. I need to thank this week. Sponsor hammerhead. The hammerhead kuru to you as raised the bar for cycling computers. You can get advanced GPS, navigation, and intuitive software right on your handlebars. In a way you never thought possible. I spent this past weekend down in Tucson, Arizona. After speaking with John from the mountain lemon, gravel grinder, a few years back, I've been itching to get out on the course. So I simply downloaded the GPS file from their website, uploaded it to my kuru to and felt super confident going out there in the back country. I've got a ton of stories about some of the snafoos. I had mechanically speaking while I was out there, but from a navigational perspective, it was spot on what I really appreciate about the crew too. And I've talked about the responsive touchscreen display before. Is that in the navigation? Once you've loaded a route in there, you get a little icon, no matter what screen you're on. saying when the next turn is coming up. It's those little touches and details that I think really setting the hammerhead crew to a part beyond that, I really got to dive into the climber feature, which is something unique and special about hammerhead. The climber feature allows you to visualize and prepare for upcoming gradient changes in real time. So, what does that mean? Basically it translates to a nice graph. On the climber screen on your crew to computer that shows you in color-coded fashion. The length to the top of the climb, both in miles, as well as elevation, and then gradient by gradient profile looks that map exactly to what you're experiencing when you're out on an adventure loop that you've never been on before. It was super useful to see, okay, this is going to be a punchy. Mile mile and a half climb. Versus at the end i discovered as it turned a corner that i was in front of a six mile climb but fortunately the gradient was pretty chill. This all translates to knowledge is power. And with the hammerhead crew too, you can get all the information available out of your GPX files. You can customize it to the nth degree. I still have a ways to go and customizing mine, but you can see the power of organizing your data right there on your computer screen. For a limited time, our listeners can get a free custom color kit and exclusive premium water bottle with the purchase of a hammerhead crew to visit hammerhead.io right now and use the promo code, the gravel ride. At checkout to get yours today, that's a free custom color kit. And a premium water bottle with the purchase of a career to. Go to hammerhead.io at all three items to your cart and use the promo code. The gravel ride. With that said let's jump right into my interview with Fabienne from gravel Locos. [00:03:40] CraigDalton.: Fabian , welcome to the show. [00:03:41] FabianSerralta: Hey, Craig. Thank you. [00:03:43] CraigDalton.: It's good to talk to you again. [00:03:44] FabianSerralta: Same here. Thank you. [00:03:46] CraigDalton.: I'm excited to learn all the things about gravel locus and, but would love to learn a little bit about your background first, just kinda what drew you into the sport originally, and then what led you to take on the huge challenge of creating an event? [00:04:01] FabianSerralta: Well, I, I would definitely say I was probably what led me to the sport was purely accidental. I I purchased a, a ranch in Oklahoma in 2012, and I remember the first time driving out there to see this ranch with the R I was following a realtor and wearing this perfectly smooth country road. And I was just thinking, this is great. I'm gonna have my road bike out here. And and as soon as we get to the one road leads to the ranch, it was this. Awful road with rocks and gravel and dirt. And I was like, oh my gosh, this is terrible. I'm not gonna be able to ride my road, bike out here. And then we're on this road. And this lady is just like flying on this road and just dusting, dirt everywhere. And then we're just flying on their road and, and it was like a 15 mile drive from on this. Awful gravel dirt road to the driveway of this ranch that I had just purchased and or I was about to purchase. And then the driveway from this road to the ranch was another mile and a half. And when we get to the ranch property in the house, I said to her. This is terrible. I'm not gonna be able to ride my bike when I'm out here. She's like, well, what do you mean? I said, I'll get a flat tire by the time I get to, to the to the main road. And she's like, well, you can just drive your bike in your car and, and go out there and just park out there. I'm like, where am I gonna park? That's like somebody else's property out there. So this is 2012. And I, so I buy this property and probably from 20 12, 20 13 until about 2015. I didn't get to ride my road bike every time that I went out there. [00:05:41] CraigDalton.: yeah. I was gonna say there wasn't a lot of options [00:05:43] FabianSerralta: Yeah. [00:05:44] CraigDalton.: of gravel bikes at that point in time. [00:05:45] FabianSerralta: Yeah. But then in 2015, I'm visiting my son in Denver. He was gonna school at the university of Denver and I just happened to go to a, a bike store. It was a, I believe it was a specialized bike store and I walk in there and there's. White and red bike Witham, and it looked like a road bike and it had these Nobby tires on it and zip wheels. And I'm like, what in the world is this thing? And the sales guy comes up to me and I'm like, what is this thing? You know? And he's looking at me like, he's like, where are you from? I'm like, well, I'm from Cuba. And he's probably thinking this guy just fell off of open a Palm or something. Cause likes a, and I'm like, what's a, you, I had idea what a. He's like, you don't know what a cross bike is. I was like, I don't know, but I want that bike. He's like, well, you gonna Doy lacrosse. I'm like, no, I bought this ranch and it has these horrible roads that are rocks. And he's like, oh, so you want a gravel bike? I'm like a gravel bike. I said, no, I want that bike. And I need you to ship it to Texas. And the guy is just like, looking me, like I'm nuts. But it was like, It looked like a road bike and it had, you know, what looked like to be mountain bike tires. And I'm like, this is it. So I purchased a bike and it happened to be on my size, a 54 centimeter. They ship it to to Texas to my local bike shop and gets over there. They had 700 by 33 C tires. I start writing it in Oklahoma and I thought was the greatest thing ever. And I was running 90 PSI on the tires, which I thought at the time was perfect. As you know, on my tubular road tires, I was running 120 PSI. And so I thought this thing was just as smooth as can be on these gravel roads. And I signed up for my first gravel event, October 1st, 2016. And I thought, Hey, you know, it was 15 miles, no big deal. I showed up at the time, I think I had 95 P assigned a rear and 90 in the front. And I thought it was gonna be very much like a road rally where you have, you know, rest stops every so many miles. And so I think I had two water bottles and, or maybe a one snack or whatever, and man, it was a nightmare. [00:07:55] CraigDalton.: Was was that in Oklahoma, the event that you signed [00:07:58] FabianSerralta: it was Texas. It was a really hilly area monster, Texas. And you know, I paid my registration fee, which I think it was, I don't know, 85, $90. And I was expecting it to be just like many of the road rallies I had done. And. You know, grass stops with bananas and oranges and cookies and pickle, juices, and Gatorade. And there was nothing. all they had was a water table. with warm water, no food. And by the end of the 50 miles, I thought I was gonna die. And with that tire pressure on those 33 sea tires. I was so beat up. I swear, I'll never do this again. I remember getting to the finish and calling some buddies. I'm like, I am never doing this again. This is horrible. Why would anybody ever do this? You know, [00:08:43] CraigDalton.: Yeah. It's, it's funny. What a difference the evolution of the equipment has made in the enjoyment of the sport. I'm with you. I, I got my first gravel bike a little bit later than the, I think back in 2016, but it was a. 2014 model year bike, 32 C tires. Fortunately it, it did have tubeless on it, but it still, like, I just felt like it wasn't that much better than Ayro bike. I had five or six years earlier, which I had pretty much quit riding because I would either flat or get the crap beat outta me every time I rode it. [00:09:15] FabianSerralta: Yeah, this, this, I mean, it was, it was ay, it was a cycle cross bike. It was specialized crux. I mean, it had great, I mean, it had zip three or threes. I was running tubes. Which was, you know, a big difference from running tubers on my other bikes road bikes. And they had ceramic red, I couldn't complain it was a great bike, but I was just running to run tire pressure, the wrong tire size. And I really didn't have any, any knowledge of, of gravel, but, you know, I did see other people running big, your tires and all that. And it, it was just this learning curve. But that first experience was horrible. And I really, I swear I never did this again. And it took a while and then I, I started learning from others like, Hey, yeah, you can't be out there running tire pressure like that. And you can't, you, you gotta run bigger tires than that. And you gotta run, you know, tube, you know, tubeless. And and you know, I, it probably took me a few, a couple of months before I even wrote again. But as I, I started getting more and more advice from others that were doing it. But it was so early on. But it was that experience that really led me to wanna have eventually at one day have a gravel event. That was a lot like a road rally, but that it was also, you know, it, it had the, it was at the time it was, you know, the dirty cancer event, the DK 200. So I wanted to have a, a DK 200 event with the pro component, but yet. Beginner friendly. So have all the support that you would need for beginners like myself or, or people just really interested in gravel. So having all the bunch of rest stops and having portable bathrooms at rest stops for the women and having sag vehicles all over the place, but yet having a ton of pros. So having, you know, an event that was a DK 200 packed with pros, but yet packed with. All the support and all the things that you are accustomed to experiencing and having at a, you know, family road, rally type event. [00:11:15] CraigDalton.: Interesting. So it sounds like, I mean, if we fast forward a few years from that original event, it sounds like you competed in a handful of events every year to try to, you know, obviously continue your enjoyment of the sport. The, the equipment had continued to evolve and, and you'd had a number of experiences at other events where you're like, I like part of what this event has done, but part of what that event has done. And you thought, well, like what if I did this on my own? [00:11:41] FabianSerralta: Yeah, look so it, the events continue. I con I would go to every gravel event that I could go to, but it just, it was, you know, you pay your 75, 85, a hundred something dollars, but. You're lucky you got a water table and it was, everything was always self support, self support, self supported, and you're paying all this money, but you're not really getting a whole lot in return. And to me, it really excluded a lot of beginners. It excluded people that didn't have a lot of bike skills or, or bike mechanic knowledge because, you know, I always say what, what makes riding gravel so great is that you're out in the middle of nowhere. , but what that's also, what makes it kind of dangerous and also kind of keeps a lot of people out of it because you know, you're out in the middle of nowhere. You don't have cell reception, you don't have convenience stores. Oftentimes you don't have many houses or you don't see a vehicle or cars don't even go come by half the time. So yeah, you're out there in the middle of nowhere, but then you don't help of neighbors and you don't have convenience stores and you don't have others to reach out to in case of an emergency or a mechanical. And I feel that that deters a lot of people from venturing and, and experiencing gravel. And as a result, you know, a lot of people miss out on experiencing gravel. So how do you bring in all those people? And for me, Is the way to do that is by bringing in all the support, the sag vehicles, aid stations, every so many miles. So for example, in gravel Locos, you have, you know, six aid stations you have 20 something sag vehicles for the women. We have portable bathrooms at all the aid stations where there is in HaCo or in Pueblo, Colorado . And that's how we take out that, that fear of, you know, Being out there in the middle of nowhere. So, but yet we still have, you know, 20 something, 30 pros out there participating just like you, we did, you know, at events like dirty cans, 200 or, you know, what was land run, you know? And I referred to them by those names because that's what I was modeling. Then. [00:13:42] CraigDalton.: I'm glad we unearthed that because I think it's important to kind of think about people's orientations as event organizers in terms of how they're gonna set up the overall experience. You know, it's one thing when you've got a, a top level pro who's decided they want to get into the event business. And oftentimes they do design events that are driven from the front. They're really a professional experience that does trickle down to the rest of us. But it's you know, it's pretty refreshing to hear you talk about. Wanting the last person in the event to have the best time possible as well as, as the first. So stepping back for a second, you, you live in Arlington, Texas, you've got property in Oklahoma. You'd experience the gravel community for a number of years. You decided, Hey, there's something missing. I'd love to highlight my perspective of a gravel event. How did you decide on, on, on Texas for the original event and what was that process like? [00:14:36] FabianSerralta: Well, I, you said it in, cause that's where I predominantly ride, you know, so I've a lot gravel. I've done gravel in California. I've done gravel in Vermont, in, in Montana. I've done gravel in Scotland. I, you know, I've, I've done gravel in other parts and, but Texas, where, where I mostly write gravel and I've done gravel all over Texas and HaCo. I remember writing and close to close to HaCo. And one of the folks that I was riding with says, man, if you like this area, You've gotta check out. Heico so I said Heico where's that? So I found it went out there and, [00:15:13] CraigDalton.: And where, where is it relative to, to the Dallas area [00:15:17] FabianSerralta: for me, it's about an hour and 20 minute drive [00:15:20] CraigDalton.: and is that to, to the east or which direction [00:15:23] FabianSerralta: I'm the guy that gets lost with Garmen. So so I'm gonna take a chance here. Say I think it's so out. [00:15:30] CraigDalton.: Okay. [00:15:31] FabianSerralta: So, yeah, I'm horrible. I'm like directionally challenged. So I get asked this all the time. Like the other day I was in Pueblo for meetings and I was meeting with the the the PBR, the folks for the professional bull riding association, which one of our sponsors in there were asking me. So which direction I, I have no idea. Here's the route, you figure it out. And really, I do get lost even with Garman. I'm that guy that I'm following route. And I always end up with more mileage. So I, up going out to HaCo. And I follow this route and it had so much more climbing, even though I am not built like a climber. I love as these challenging routes. I really love taking on routes to have as much climbing as possible. And it, even though it takes me all stinking day and HaCo has that, you know, for Texas as one of these guess that you get so much climbing and I absolutely fell in love with it. And Heico has it's heart packed. And it has a lot of beautiful canopy areas, you know, tree canopy, tree areas. It has lots of water crossings. It has. I mean, it's just a really diverse terrain. And even if it were to rain, it's so hard packed. It's it's got a lot of smooth areas. There's really nothing rough or nasty about it. It, and. Even, even if it rains it's, it's not an area that, that you get much mu much more than a couple inches of mud. So it's not like, like Mid-South where you have, you know, six inches, 12 inches of mud in your foot, you know, is, you know, foot into the mud. For example, last year in may it did run, it did rain. And so yeah, people got my, but you're talking, you know, an inch of mud, two inches of mud. Maybe two and a half. So it's not a situation that you're just bogged down and you, you have to walk, you, you can ride through it. So it it's really a, an area that you can ride it all year long rain or shine. And it was just perfect. And. I said, this is it. We're gonna do it here. So, you know, we had last year, we had three routes this year. We have four routes. Last year we had a 30 mile or a 60 and 150 something. And after our survey of the event, it was a very positive survey folks, which is absolutely thrilled with the event. But what kept coming up was have a 100 mile. I said, all right. So for 2022, we have a hundred mile as well. And it just filled up immediately. So folks really wanted a hundred. Not everybody wants to do 150 something miles, but they want it more than a 60 mile. So the hundred mile, you know, I never even thought of it, you know? So you learn, I've learned a lot, you know, I thought, [00:18:03] CraigDalton.: feel, I feel like I'm in that category where 150 mile, maybe I can muster that up once a year, if I'm lucky, but a hundred keeps me honest. I need to train for that pretty well. But I, I believe in my heart, like I can always uncork a hundred miles if I'm like relatively fit. [00:18:20] FabianSerralta: Yeah. And you know, and the hundred mile it is, it's a legit route. I mean, it's, it's over 5,000 feet of climbing and it's really a beautiful route and it, and it really incorporates all the hard climbs that are in the 150 something mile. And [00:18:33] CraigDalton.: what I, one of the things I always wanna unpack with event organizers, because I think it is a challenge depending on where you are, is okay. So you you've decided on HaCo as a, as a great riding location. But there are also logistics and permits and all kinds of things. You need to go through granted in a rural community. Maybe those are less than a more populous community, but you still need to do that. So what was that process? What was that process like for you? [00:18:59] FabianSerralta: Really easy, you know, what, what I have learned with I, you know, this is for me as a hobby and HaCo has, you know, it's really been incredibly easy. They they've really take care of all that for me. And I went in there with, you know, the understanding that, look, I'm doing this to help the volunteer fire departments. If you're willing to help me, I'm willing to do it. [00:19:17] CraigDalton.: And was that perspective, something that was already in your head. Hey, I wanna have a charitable component to the event I put on. [00:19:24] FabianSerralta: Yes. Yes. And, and if you're willing to work with me and, and take care of these things, I'm willing to do it. If you're not willing to work with me, I'm outta here. I just, you know, it's, it's one of those things that I, I don't have the time to mess with all that stuff. So if the town is willing, then I'm willing, I, if they want to put me through all these hoops and things and, and, and, and barricades and all these. All this red tape, I'm just, I'm outta here because I just don't have time for it. You know, I've got four kids and two other businesses to run. And so I was really upfront and they were really honest about it. And they just, they facilitated everything that I needed. They, they provide all the things that I needed. They provide law enforcement, they provide crowd control and barricades and they provide everything. The same thing with Pueblo, you know, they're. [00:20:09] CraigDalton.: you know, hike in the original gravel locus event. Sorry to interrupt you there for it. It took off through the gravel cycling community as a event option incredibly quickly. And there was a couple things that. Kind of at least caught my eye right off the bat, which were one was correct me if I'm wrong here. But it seemed like the registration was entirely a donation based model, which was unheard of. And two for a first year event, you had all these top pros saying I'm gonna be there. [00:20:40] FabianSerralta: Yes. [00:20:40] CraigDalton.: How did both of those things happen? [00:20:43] FabianSerralta: well, you know, it was, it was out of really, so the event was initially gonna take place in 2020 in November and I canceled it cuz of COVID, you know, so I had the Greenlight from, from HaCo, but I canceled it because of COVID. My basically, you know, I have absolutely zero connections in the bike industry. And what I tried to do was try and get the bike industry board. And the only way that I could do that was reaching out to them via Instagram and Facebook. And that really didn't really work. I couldn't get anybody to, you know, return any messages or anything, despite the amount of money that I spent on bikes. You know, I have the the record of my local bike shop for spending the most money on bicycles every year. just absurd. despite all that I couldn't get a response from anybody. So I said, you know what? I'm not gonna let that discourage me. I'm gonna have this event with, or without the bike industry. And so I said, I'll, I'll fund it. I'll do it myself, cuz I I'm gonna have this event. And this event is gonna have the component of the pros and the component of the beginners. And there is not there. Isn't gonna be a cutoff. So if folks are gonna train for the geo one fifty, a hundred fifty something miles with over 8,000 feet of elevation gain. I'm not gonna yank 'em off the course. They're gonna be out there as long as they want to be. And if they want to give up, they're gonna give up, but it's not gonna be, I'm not gonna take it away from anybody. I'm not gonna be that person. That's gonna say, Hey, you know what? You didn't make the cut off by 10 minutes or an hour or two hours. And you're off the course. Because I'm always that person, who's the last one. And you know, when I was at Ted's event in Vermont last year, I didn't make the cutoff. And when they came up to me and they, Hey, look, you, you didn't make the cutoff. I said, , we're gonna have a fricking fight. . And they said call Ted. And they did. They called Ted and it's like, leave him alone. He's fine. I I'll take care of, I'll wait for him. And Ted did. And he understands, he, he waited out there for me and I didn't make the cutoff by over an hour. And he was out there in the rain, in the cold waiting for me, everybody was gone. The whole thing was shut down. And he followed me for like the last 15 miles, cuz it was pouring rain. It was cold, but you know, he, he let me finish the, the event and to me, that's what being inclusive and, and finishing and, and you know what it's about. So to, Hey said, I'm gonna have this event regardless. So in 20 for 2021, how I was able to. Do what I did is with, like you mentioned earlier, this, this donation thing I said, you know what? Let's just, I've gotta get the attention of, of folks. Cause I don't have the support of the bike industry and I don't have name recognition and I certainly don't have, you know, experience. I've never done this before. So how do we capture attention? We're gonna do this for free. It's gonna be a free event. And, and first thing I said, all right, this event is gonna have 1200 free registrations. And what you're gonna do is it's up to you to make a donation, a direct donation to the volunteer fire department. Most folks are used to paying a hundred, something to hundred dollars or more for an event like of this caliber. Remember you have all these age stations you have. So you're getting 20 something pros. Top level pros from around the world. You're getting over five age stations, fully S stocked, 20 something, sag vehicles, portable bathrooms at all. Age stations. You're getting a draw string swag bag. Really nice. You're getting with zipper. You're getting T really nice. T-shirts you're getting purest water bottles from specialized. You're get all this swag, all this stuff for free. So, whether you give the fire station a dollar or $0, you're gonna get everything for free. So it was an honor system. And really, I think that showed people that it, Hey, this is an event that has Lawrence 10, Dan Ted king, Peter TNA, Allison Terick Jess, Sarah. You know, Colin, Strickland, you know, all these names that I, that are all of 'em are gonna be at at Unbound, all of 'em are, are all these huge events and there's no cutoff. There's all of this support that you don't get at these big events, you know, as far as aid stations and it is entirely up to me to decide how much I'm willing to pay with what I think it's worth well out of those 1200 free registrations. Less than 400 people donated anything. So that was a bit of a shock, but we still had the event [00:25:11] CraigDalton.: Yeah. And, and just to unpack that a little bit, you know, quite disappointing, obviously, that just like sort of the percentage of people that actually donated and to, to put a finer point on it, like, as you describe all the things that one would get for participating, you're talking about a hundred dollars worth of. Effort per rider to give them nutrition, to provide them porta potties, to give them swag, all those things. So it's a, it's a big proposition that I think often gets lost and and you put it in the proper context in that without someone supporting you without a, you know, a nutrition sponsor coming in and dumping. Tens of thousands of dollars worth of product on your tables. Like that's coming outta your pocket as the race organizer. And there's no way around that. So pretty incredible effort to get it off the ground. And sorry to hear that the donations were not as great as you wanted them to be, but with those donations, something great. Did material realize for the fire department. [00:26:12] FabianSerralta: Yeah. And. That that side didn't happen the way that it had. I had hope, but it, we don't really even think about it because we, at the end of the day, there were so many articles written about the event that I never expected in a million years. I honestly, I never thought that GCN would write about it. That basically magazine would write about it. That cycling news, the Velo news, all these publications wrote about it. You know, it was listed as a, as a basically magazine listed as a. Top 20 bucket list event. You, it was mentioned like 17 times in VLO news. GCN mentioned it cycling news had articles about it. These are all things that I never even consider would happen. [00:26:55] CraigDalton.: Yeah. it was absolutely incredible to reach the brand and the event got in that first year. [00:27:00] FabianSerralta: We smoking great deal on the, the fire. We were still able to buy it with the money that we raised. We, you know, we still had great registration numbers we had. And then for 2022, you know, we have over 1500 people registered and we raised enough to build a bigger fire station. So [00:27:20] CraigDalton.: That's [00:27:20] FabianSerralta: while maybe, you know, less than 400 people register out of 1200, it doesn't matter to me because cuz we still accomplished everything that we set out to do. We still got more numbers than I ever thought were gonna happen. And as a result, we, we have interest from other cities that are contacting me that wanna have events. So, you know, I, I was several cities reached out to me. Hey, can, can you do the same at our city? And it is, you know, I've had to turn down cities cuz it's just too much. You know, I've had two, two other Texas cities that I asked me to host events at their cities. And I unfortunately I've had to say no because I just don't have the time [00:27:59] CraigDalton.: Yeah. Yeah. [00:28:00] FabianSerralta: Pueblo. Against my better judgment. I was like, sure. It's you know, the, the Pueblo story. I really, really I, I couldn't say no, it's just, they they've, they've been wanting to do an event there and they even they were bidding to try and get an event and they, they lost the bidding most cities that want to do something like this. They're paying promoters to do the events there. That's one of my rules. I will not charge a city to host any event, cuz it goes completely against what I'm trying to do. So what I'm trying to do is bring money to the city and build and bring equipment and funding to the volunteer fire departments. So why would I be charging them money to host events [00:28:39] CraigDalton.: Yeah, it's super, it's super interesting. When you look at the economics of events, just events in general, how much they cost, but the economic impact to these rural communities, which in your case is very specific to raising money for these volunteer fire departments. But even beyond that, the, you know, the amount of meals purchased the amount of hotel nights, cetera. Like it's it, it has a significant impact. and, I'm super interested to get into your second event in Pueblo and learn how that happened. But one more question, just outta my own curiosity, how did you end up getting those 20 to 30 pros to come to a first year event? [00:29:15] FabianSerralta: I will see the credit to that goes to Ted king because I reached out to several pros. First was him. Via Instagram. Again, I don't have any connections or I don't really know anybody. And he was the only person that responded. And I wrote him this long thing through Instagram, direct messaging through Instagram. And I explained to him, look, this is what I'm trying to do. I'm I'm gonna have this event and it's gonna be free to everybody and gonna be up to them to donate. And this is all that they're gonna get, and this is all I'm gonna give them. And this is what I'm trying to buy a fire truck for the fire department. And I'm trying to get this many pros and he, he rides back. He's like, are you nuts? and he finally calls me. He's like, are you nuts? He's like, I'm so intrigued by this. And. [00:30:04] CraigDalton.: The idea, the idea was so crazy. He had to call and talk to the guy behind [00:30:08] FabianSerralta: That's exactly what he said. He's like, this is absolutely insane in this, but I'm so like intrigued by this and he's like, are you really gonna do this? And I said, oh yeah, I'm really gonna do this. And he's like, you know, this is how stuff gets done. You know, when, when people just take a chain and, and, and do something completely outside of the box. And, and he said, can I have two weeks to think about this? And I said, absolutely just take your time. And and he's, and he did two weeks later, he calls me back and I'm like huge fan of Ted. And, and I remember watching him in the tour de France and all that, and sure enough, two weeks later he calls me back. He's like, all right, I'm in. And. Do you have a website? No. He's like, you need a website and then he's like, what are you gonna do for registration? I don't know. I mean, he just went down this list. He's like, you gotta have registration, you gotta have this. And, and then and then he says to me and your social media post suck [00:31:11] CraigDalton.: suck [00:31:12] FabianSerralta: and he is, starts helping me, you know, he starts Giving me so much guidance and stuff like that. And he is like, and how are you gonna get ahold of all these other riders? Cause I give 'em a list. Like I want to get ahold of, of all these other riders. And he is like, I don't know. He says that, you know, let me help you. So he started really vouching for me and, and contacting them. And. And then he gave me a lot of advice. He says, you know, don't, don't do a don't, don't give money, don't do a purse, don't do this and don't do that. And, and you're gonna find that the folks that believe in what you're trying to do are gonna jump on board. And, and that's how it happened. He just, the folks that came forward are, are folks that care about what I was trying to do. And really wanted to be a part of something totally different. That was more about giving back. To communities and, and, and not so much about, you know, a big corporate event, it was more of a Grasso type thing. They, they were just interested and a lot of 'em have their own events that are grassroots focused, you know, Ted and Jess, Sarah, Sam Boardman, Laura King, and Ted, you know, all of them Lawrence Tanem has his own events in the Netherlands. Peter has his own event. So all of there's a connection amongst all of us. That have to do with our own little small events that are, they're not corporate they're just small community type events. [00:32:32] CraigDalton.: Yeah. Yeah. Amazing, amazing [00:32:34] FabianSerralta: then what would I do in return? You know, I help with the hotels and things like that and meals and stuff like, you know, that's how, what we do, you know, they, they ride for a living that's, that's, that's how they make a living. So you certainly, you have to help out in some way, you know, and you know, when with HCO helps me out with the hotel cost, so I provide them with a room and, and stuff like that. [00:32:54] CraigDalton.: Gotcha. Interesting. So now let's shift gears to Pueblo. I know you had mentioned you had a number of rural communities. See what you had done and reach out to you, but what was it about going to Pueblo in a state that you don't and you don't have property at this point? What was it about the Pueblo opportunity that said, Hey, this is the right next step for the gravel locus event team. [00:33:16] FabianSerralta: Well, I, I found out that they helped, they they've been wanting to have a gravel rent and I found out that. They had been bidding on, on, on having an event hosted there and, and they lost somebody else got the bid and that kind of bugged me. It bugged me, it bugs me that these small towns that are hurting and economically, and they're trying to bring business and they're trying to bring funds to their towns that they're, that there. Trying to get events by paying promoters and paying corporations money or offering to pay money. So that events are being hosted there. And to me, that it just doesn't make sense because if you're doing it for, for, as a business, you're making money. If, if you're hosting an event somewhere, you're gonna make money from registration, you're gonna make money from cells of, of, of, you know, shirts and, and you're making money from. Vendors and, and the bike industry's paying you per and, and, and all this stuff that I, I have, I don't have access to cause I don't have any, you know, I don't have the bike industry behind me and you know, or any of that, but you know, the, the lifetime events and the big corporate events have all of that, you know, you know, all those, you know, shaman and spa and all those companies that are, there are not there for free, you know, let's just be honest, you know, I was born at night, but not last night. So, And then to have these small towns that are struggling financially and have high unemployment paying significant amount of money for, for them to host the event there, to me that that just seemed wrong. And as a result, they, they were outted by another town and they didn't get the event. And I learned about this and I said, all right, we'll do the event there. So I met with the city I met with the mayor. And one of the questions were, well, how much are you gonna charge us to do the event here? I said zero. And I said, if I ever ask you for money to do an event here, kick me in your ass, please. I said, that's not. That goes completely against what I'm trying to do. I said, the reason I'm I'm doing these events is to bring funds to cities that are struggling financially, but also to bring funds to the volunteer fire department, because. Guess who we call when we fall and wipe out and bust our asses out, riding gravel, volunteer, fire departments, guess who's out there. That's, who's out there. You know, when we're out there riding gravel that, and all of us know this it's volunteer fire departments. We're out in the middle of nowhere and it's a volunteer fire department. It out there charge and really taking care of hundreds of, of miles. That they're covering and that's who we rely on. So if we're gonna support a, a department as a gravel community, I mean, I would think that I, you know, logically we're gonna support the volunteer fire departments in those areas that we ride. So it's not that I'm Mr. Nice or anything like that. It's just logical that we're gonna support the very same people that come to help us. And it's the volunteer fire departments in those areas that we ride. So. And I think they, they appreciate that, you know, so to charge them, it doesn't make sense. I don't think it's fair, but they do help. You know, they provide, like we said earlier, they help me with the permitting and they help me with law enforcement and they help me with barricades and things like that. So they, they do help. It's not like they're doing nothing. So it's, it becomes a, a community, a true community involved event. And we, we get that. We throw that word around all the time, community, this community, that, but when you really dig into it, poor community is paying a few hundred thousand dollars. And it's really no longer a community. Now we're talking about a service and a fees and stuff like that. But in, in our case, you know, HaCo provides all this help and volume and stuff like that. The same with Pueblo. That's. [00:37:03] CraigDalton.: think that's, you know, it's, it's in, I think it's refreshing to take that expansive view of community cuz oftentimes the gravel community, those words are thrown around a lot. Generally implying your fellow athletes, the fellow people out there riding with you. But it, it really is in these rural communities. It's the people of the community that are coming out, coming out, whether they're, you know, Manning the registration booth or Manning an aid station, or, you know, opening their doors and giving you a glass of water. If you're stuck out there somewhere like that, that really is the breadth of the community that gravel does touch in these town. [00:37:38] FabianSerralta: Oh, I mean, you better believe it. If they don't help me, I'm not doing it. mean, there's no way I, I would do it. It it's just, you know, I wouldn't do it. And they understand that and, and, and I'm really open about that. It's like, I'm not charging anything, but you gotta help me. You know, when I met with the fire department, it's like, you all gotta help me. There's, you know, I don't have, this is, you know, and I, and I say this, you know, like, My social media, it's one Cuban and an iPhone. You know, I don't have a, a, a, a crew or anything like that. It's, you know what you see on social media? It's Fabian, you know, one Cuban and an iPhone. I don't have employees. I don't have anything. It's just myself. So I, I will take all the help that I can get. And you don't need an entire staff to, to do anything like this, but you do need, you know, help and, and volunteers and, and Pueblo understands that. And HaCo understands that, you know, I'm looking at another state right now and we're looking at a third event and they understand the same thing that, Hey, we need, we want to have event grab a locus type event. We don't have, you know, a few hundred thousand dollars to. Give a promoter to bring the event here, but we do have willing bodies and people that are willing to, you know, help and, and volunteer. And, and that's the model. And, but we also like having 20 something pros and we like having the, that racing component. But yet we also want to have an environment that the Fabians that are gonna come in last know that they can train for this. And it's not gonna be taken away. They're not gonna be turned around and yanked off the course because to me, that's, I can't imagine training for something for a year. And, you know, not being a Ted king or, or, or a Allison Terick or Jess, Sarah, I'm not those folks. You know, I can't imagine training and having my family behind me and all of that support and, and the struggles of having to work other jobs and then being yanked off the course until, Hey, you know, you can't finish you because you didn't make it by 30 minutes or an hour or two hours. I cannot imagine what that feels like. And to me that just, that that's not inclusive, that that's just telling somebody you're not good enough and turn around. I, I, to me, there's no explanation that you can give me that tells me that's rational, reasonable, not even safety. What do you mean safety? There's, there's nothing. If it's a issue then guess what? You know, the amount of money that these events make, then you plant a fricking sag vehicle behind those folks to follow them till the end. What does that cost? I mean, lemme know I'll pay for it. What's the big deal. You know, and that's what we do at gravel locus. Last year, we had a vehicle sag vehicle to follow five folks, cuz it was dark. They didn't have lights. I said, well you freaking follow them. Follow 'em all the way to the end. You're gonna be their light because. Again, why would we yank somebody off the course? Now, if they want to quit, it's on them. If they want to throw in the towel, it's on them. But, and, and then the other thing that we have with our pros and, and, and they're more, and you, we don't even have to ask em and it's like, Hey, you know, make yourself available to the, to the folks, to the regular folks. And I do, there are so many selfies out there with Ted and, and kids and, and Pete. Lawrence. It's just super cool and funny as hell. Allie Terick and Jess, you know, all these young girls and, and folks that got to meet them personally. And they were out there available to all these folks, which, you know, it's, those are memories and things that you just, you know, all their fans get to meet them. [00:41:16] CraigDalton.: A hundred percent. So I guess we, you know, I feel like we've unpacked pretty completely what the gravel Locos, eco ethos is and what the experience is gonna be like on the Pueblo side. What is that terrain like? I've driven through Pueblo, but I've never, I've never put rubber on the its and trails there. What, what do you expect the courses to be like in Pueblo? [00:41:36] FabianSerralta: Oh, my gosh, it's silky smooth, but you know, it's, it's, it's so beautiful. I got to ride 23, 24 miles the other day. So we, we, we rode from the fire station. We did a loop and it was about 24 miles and about 1400 feet of elevation gain. The the main route we call it the, the GL one 50, that's just our, our, our, the, the big route is always gonna be called the gravel locals one 50, but it's really 169 miles. So you get, you get a little extra, but it's, you know, right with GPS says it's over 13,000 miles, but as we know, it's always under, it's always more than. [00:42:14] CraigDalton.: feet of climbing. [00:42:15] FabianSerralta: So I would expect just about 14,000 feet of elevation gain and, you know, it's it's for me coming from Texas, it was a little, a little harder cuz there there's that whole, you know, the altitude, but it is just so smooth and so nice. It's you know, it's hard packed also. It's it's smoother. The gravel there is it. It's just hard to explain. It's just, it's beautiful. [00:42:40] CraigDalton.: So do you imagine this being the type of event that larger groups can stay together and benefit from drafting off one another and things like that? Just given the type of terrain you're on. [00:42:48] FabianSerralta: Yeah. Yeah. It's just, I mean, it, it's hard to explain. I mean, there it's, I was, I was telling them over there, it's like, it's hard and it's definitely challenging, but you're looking at mountains and you're looking at, at all this beautiful terrain, it's really, you know, I was, I was exhausted. Again, I'm not, I'm not anybody who's in the kind of shape and certainly I've, I've gained. I, I was telling them the other day, I was like, you know, there was the COVID 19 pounds. I, I managed to, you know, I went from riding a ton of mileage every year. And when I started gravel Locos, I've gained 50 pounds in, in two years of not riding and running two businesses and gravel Loco. So. I've gotta find a way to get these 50 pounds off. So yeah, going downhill was great over there, but going up was tough, but just a scenery is just so, so interesting. [00:43:37] CraigDalton.: and are the courses punctuated by like a significant climbs? Like in terms of like, oh, you're gonna be climbing for an hour at a time. Like [00:43:44] FabianSerralta: know, gradual they're gradual climbs. There was nothing that like in HCO, you get these punchy climbs over. There's more gradual. So. You know, you can get away with with less big gears in HighCo. I tend to run bigger gears over there. You know, I didn't get in any of my big gears, you know, I, I run a 10 52 in a rear Ram and I, I wasn't using it over there because they're, they're more of the gradual climb. You kind of get into a rhythm and they're kind of, I prefer that to be honest, that you just kind of get into this groove and you get into this rhythm. Whereas high code has these. You know, we have some, some climbs that are 22% 23, and they're pretty punchy. And we have these three climbs that are back to back that we call the three bees. You can decide whatever you want to call those bees, but bitches they're rough. And then and man, those kick up into the 22, you 23, 20 4%. and it's, you know, they're kind of loose rocks and you just kind of gotta lean forward and you gotta get that big granny gear and just work your way up. Whereas in Pueblo, you don't have, I didn't experience anything like that. And, and most of what's out there is these long gradual climbs that you kind of get into a rhythm. So I prefer the, the type of climbing that they have out there in Pueblo, but they're both very, very different, very different type of riding. [00:45:05] CraigDalton.: And would you change your, your tire width from HaCo to Pueblo? Would you do [00:45:10] FabianSerralta: I think that you can. I think that at, at both, you can get away with smaller diameter tires. So I've done HaCo with 35 centimeter tires. I've done HaCo with 47. I think that in Pueblo again, we rode Pueblo last week where it had been snowing. and it was muddy, but even then, you know, I wrote it with 45 centimeters and there was folks out there running it, riding it with 30 eights and they still did just fine, but the, the Pueblo gravel is much smoother than the HaCo. And I, I can see some folks getting away with when it's dry, especially over getting away with, you know, 30 fives, [00:45:50] CraigDalton.: Yeah. [00:45:50] FabianSerralta: somes. I. [00:45:52] CraigDalton.: It's funny. It's so it's so counterintuitive to me to, and S B T gravels the same way I remember getting like my arm twisted to run 30 eights, and I was like, there's, there's no way, like I'm going to Colorado. And at home, I'm all about the 40 sevens here in Marin county, cuz it's so Rocky and but sure enough, like I definit could have ridden that as they call it champagne, gravel in Colorado on 38 with absolutely no issue. So it, it, it's quite fascinating to me and. One of the things I. [00:46:20] FabianSerralta: racers recently that are 40 threes. I haven't put 'em on yet, but they're kind of, you know, they're not slicks, but they're not Nobbies and I can't wait to try something like that. They're 40 threes. And normally in HighCo I run 40 fives or 40 sevens, but I'm looking forward to running those 43 as a whole new tire I've never used for, but I can certainly see a. And in Pueblo getting away with 38, even, even a slick or a semi slick. [00:46:45] CraigDalton.: Yeah. so, so interesting. It's obviously, it's like, it's a never ending debate and discussion about which tires to use. And I remember reading, you know, where the, when we're recording, it's the weekend of Mid-South and you know, there's a lot of people. Twisting their arms and, and twist getting all twisted inside about what tires are gonna run tomorrow or today. Excuse me. On race day at Mid-South. So always fun and appreciate the insight there. So for people looking to find out more information about the events, where can they find information about gravel locus? Why don't you tell us the, the website and the dates of the events this year? [00:47:19] FabianSerralta: So HaCo is May 14th. And Pueblo is October the first you can sign up on our website, which is www dot gravel, locos.bike. Just make sure you click the link for one or the other, or if you wanna do both I've left. He still opened. But we've got a or 1500. I haven't decided where I want to shut it down because HaCo is open to having more Pueblo is still open as well. but just all the information is on there. There's four routes for each. So there's the gravel locals, 30, the 60, the hundred. And the one 50 information about the routes is on both of them. The cause for each of the events is always gonna be a volunteer fire department. Pretty much everything you need to know about it is on the website. You'll find all the different pros that are gonna be there. We've got more pros to add to the website every day you get, you know, we get new pros that wanna come on board. As far as our sponsors there, aren't not many of them, but the, the ones that are on there, you'll find out that these are folks that are very, have been very loyal since the beginning. And if somebody wants to be a sponsor, they're more welcome. Welcome to send us a message or email us, but. We're pretty much self supported and really it's just a community thing. And, and it's really, this whole entire thing has been made possible by, by the towns and, and little businesses within the towns. Very small involvement from the bike industry. It's been a, a community thing to be on. Oh, just kind of how it worked out. [00:48:42] CraigDalton.: Amazing. Thank you so much. Thank you so much for putting so much of your heart out. there and, and making a making events that you wanted to see happen in the world. And I think it's such a sort of beneficial place for the gravel cycling community to have event organizers with that orientation and From this conversation in our earlier conversations. I know how much of yourself, both personally and financially you put on the line to create this event series. So again, for, from, for me, thank you for doing that and exciting to hear that Pueblo is going off this year and exciting to hear that yet another community has come to you and talking about like, how do we have grow Ava three. [00:49:19] FabianSerralta: Yes, we we'll release that soon. I'll let you know. . [00:49:23] CraigDalton.: Awesome. Thanks for your time, Fabian. [00:49:25] FabianSerralta: you. Thank you. So. [00:49:27] Craig Dalton: That's going to do it for this week's edition of the gravel ride podcast. Huge. Thanks to Fabion, not only for joining us on the show, but for everything he's doing around the gravel Locos series, I think he's got his heart in the right place and I've no doubt. These are some of the best gravel events out there to attend. Big. Thanks. Also to our friends at hammerhead for sponsoring the show member, you can get a free custom color kit and premium water bottle with the purchase of the new hammerhead kuru two computer, simply go to hammerhead.io and use the promo code. The gravel ride. If you are interested in supporting the show, ratings and reviews are hugely helpful as is sharing the show with other gravel cyclists. If you're able to support the show financially, simply visit buy me a coffee.com/the gravel ride. Until next time. Here's to finding some dirt onto your wheels  

This week on the Bold Artist Podcast, we are fortunate to hear from Dutch artist, Heico Basten. Now living in Sweden with his family, Heico recently decided he wanted a change in his approach to painting. He could paint the way he always had, but he wanted to try something new. What did Heico do? Tune in to find out! Some highlights of this episode include Heico sharing how: His focus changed in his art practice His father made a significant contribution to his artistic future Neither age nor time are barriers to the practice of art He believes in challenging himself in his practice Find more about our guest artist, Heico Basten, and our hosts, Marijanel and Charla, on their websites and Instagram, and be sure to check out Bold School and the online courses offered inside this world-changing community. WEBSITES: https://www.konst.se/heico. https://www.charla.ca/ https://marijanel.com/ https://www.boldschool.com/ INSTAGRAM: @heicobasten @boldartistpodcast @boldschoolinc @charla.maarschalk.art @marijanel ..... Licensed Epidemic Music: ES_Emelie by Mondays

This week we sit down with Carly Fratianne, musician and gravel racer. Carly turned a period of professional unrest due to Covid into a passion for gravel cycling. We look at how her miles and miles of riding led to artistic inspiration and to completing UNBOUND 200.  Episode Sponsor: Competitive Cyclist use code 'TheGravelRide' Carly's music: Lui and Wyd  Join the Ridership Support the Podcast Automated episode transcription (please excuse the typos): Carly Fratianne [00:00:00] Craig Dalton: Hello and welcome to the gravel rod podcast. I'm your host Craig Dalton. For those long time, listeners, you may have noticed a little different intro music today.  [00:00:19] That's because on today's show, we're interviewing Carly  [00:00:23] That intro music was courtesy ever band. W Y D she also just recently released a music under the artists name, Louis.  [00:00:32] So why is Carly on the podcast today? Pretty valid question. If you ask me, [00:00:39] As you can imagine the pandemic has not been kind to musicians and people who earn their living, playing out in live stadiums, et cetera. Carly is one of those musicians who turn that kind of available time into something different. She became a gravel racer and actually completed. Unbound in 2021. I thought it was an interesting conversation. As you know, I love the fact that gravel is such a inviting community.  [00:01:08] And to hear Carly's story and her journey to gravel cycling, I just think is really interesting. And I thought it was a unique opportunity. At the end of the year to expose us all to a little new music. So i hope you enjoy this rather unique episode of the gravel ride podcast. [00:01:26] Before we jump into this week show, I need to thank this week. Sponsor competitive cyclist. Competitive cyclist is the online specialty retailer of gravel and mountain bikes components apparel and accessories Be trained, cycling standout brands like pock castelli pearl izumi in five 10 it's unrivaled in-house bike assembly operation they bring the personalized attention of a local bike shop along with the selection and convenience only possible while shopping online. [00:01:55] As I've mentioned before, the real difference that competitive cyclists are the gearheads they're equal parts, customer service, cycling fanatics gear heads are former pro athletes, Olympians and seasoned athletes. With years of experience, all available by phone, email, or chat for product recommendations and hard won advice. I had a great experience with my personal gear head maggie but as i mentioned on the last episode is on the competitive cyclist.com site and i think i spent 45 minutes just cruising around looking at all the great gravel goodies over there. [00:02:32] I ended up way, overfilling my cart and had to edit it back down for my budget. But I got a few important, nice to haves and some critical maintenance items that I haven't been able to find in stock. Anywhere else says stoked to actually have brake pads. It turns out they're a very important component of breaking.  [00:02:52] Anyway, I encourage you to go check out competitive cyclists.com/the gravel ride. And two promo code, the gravel ride, and you'll get 15% off your first full price order. Plus free shipping on orders of $50 or more. Some exclusions apply. I mentioned the other day that I placed the order in the morning and saw it actually got a shipping notification that afternoon. So there's still time to get those holiday orders in.  [00:03:18] Go right now and get 15% off. Plus free shipping@competitivecyclists.com slash the gravel ride. And remember that promo code is the gravel ride. Would that business out of the way, let's jump right into my interview with Carly.  [00:03:34] Carly welcome to the show. Hey, thanks for having me. I'm excited to have this conversation because it's going to be twofold. I get to talk to you about being an artist and a gravel cyclist, which is a unique position on the pod. [00:03:48] Carly Fratianne: It's a pretty interesting D person dish world too.  [00:03:53] Craig Dalton: Yeah, absolutely. Let's start by talking about, just a little bit about your background, both as an athlete and a musician, and then maybe we can talk about how the pandemic kind of brought them two together, for sure.  [00:04:05] Carly Fratianne: As an athlete. [00:04:06] I'd say I was fair to Midland in as a cross country runner in middle school and high school, but that was about the extent of my organized activities. There were some like childhood soccer, but nothing to clinical. And then I was always skateboarding and riding my bike around after school, in the suburbs of Columbus, Ohio which was where I got my first taste of freedom. [00:04:34] And that's definitely. Carried with me for the remaining years of trying to just pursue that musically and I guess athletically, but I like to think of it more as adventuring.  [00:04:49] Craig Dalton: That's so funny how, like that. Baseline of endurance athletics, like running track or cross-country in high school or swimming. [00:04:58] So many people I talked to they do that and then they might not do anything for many years. And then they pick up the bike and all of a sudden they're like, oh wow, I already have this fundamental engine that makes me halfway decent as a beginner in this.  [00:05:10] Carly Fratianne: Yeah, totally. It definitely makes it like more immediately fun, I think, too, which like, you don't have to do so much the legwork, no pun intended, but to get yourself into a position where you can really like go out and do some serious efforts and then once you build on that, Kinda just like how cool are your routes? [00:05:32] Just like how much of this can you do before you get bored?  [00:05:36] Craig Dalton: Yeah, exactly. So it sounds like you laid the groundwork for adventure and at least an appreciation for the outdoors, but presumably given your vocation now, you were also pretty actively pursuing.  [00:05:49] Carly Fratianne: Definitely. Yeah, that was, I think that was probably my first real love. [00:05:53] I've been doing that since I was a kid as well. And that is what's driven me to explore, in a less. Less on the bike, but just in general, I think like the pursuit of, a new inspiration and new muse and just a different, like geographical place has always inspired and informed the art. [00:06:17] And I think thusly, like having cycling as like a. Like another means of propulsion is they're just so intrinsically woven  [00:06:26] Craig Dalton: together. And in the years prior to the pandemic, was that one, your kind of effort towards music and your kind of commitment and the number of hours was really spiking up. [00:06:37] Carly Fratianne: Yeah, for sure. I, so I was in w Y D and Southern were to time. Projects for me. And then I also, had I worked at a job as a screen printer and in Columbus, or I was, waiting tables. And we were gigging out, but I between the two bands, it was at least two or three weekends out of the month. [00:07:00] And just traveling as much as we could and Recording all the time. And that was a pretty serious time commitment there. And. It was no longer such a heavy presence from, due to the COVID lockdowns and stuff. It was, there was just like a lot of empty space there.  [00:07:20] Craig Dalton: Yeah. It must've been it's so shocking to have all those live venues, which in addition to playing, I'm sure you were an active participant in listening and going out to live events and knowing others in the industry, including my cousin, like just that dramatic. [00:07:35] Removal of that entire part of your life. I can only imagine how jarring it must've been.  [00:07:42] Carly Fratianne: It was crazy. If I'm honest, I don't even like really remember a lot of that time period. I would just like, so just like devastated and it's almost like I'm only now realizing like what like at serious, like depressive time that was personally. [00:08:01] But yeah, like the venues, in Columbus, they're all owned by people that we know, like they're like close friends and it's a very like tight knit scene there. Being worried about him, maybe they're not going to come back online or who's going to be able to make it through this. [00:08:15] Are we ever going to be able to do this again? It was a lot of big questions and really just nothing to do, but wait, see how it pans out.  [00:08:25] Craig Dalton: Yeah. And I remember certainly personally in the early days you were thinking, oh, weightings going to look like two weeks or a month.  [00:08:32] Carly Fratianne: Yeah. I remember getting so we had shows lined up, obviously like before the thing I was actually in Texas when the initial lockdown happened and I came back up to Columbus and we still had. [00:08:46] Between the two bands, at least a half a dozen shows that were scheduled to happen and within the next like month or two and yeah. A domino effect where everybody was trying to figure out if like what we needed to do to postpone things or like how to, work with the logistics. [00:09:02] And it would, he'd get emails from promoters. Yeah, I think. We'll schedule it again for next month or something, or we're going to postpone our tour date here for a month or two. And we'll see about whatever September, I don't even remember what the actual dates were, but then it was just like, everything just went to a screeching hole and it was like, okay, we're looking at 2024. [00:09:26] Okay this is happening now.  [00:09:29] Craig Dalton: Devastating. So when you're, as you're going through that moment, obviously, they've, they're like this big sense of loss and transition. Was the bike something you immediately, you sought out for solace or did you have to go through a process and then discover the bike again? [00:09:44] Carly Fratianne: You know what I is, it's actually funny. So I had just kinda started getting into doing some like more long distance stuff. In the, probably the year before, like the year leading up to it, I was riding, but it was mostly road riding. Cause I just didn't really know that gravel existed yet. I knew it existed, but I didn't know that there was like a community in Columbus or, in the world. [00:10:10] That was accessible to me. And I met some people in Columbus. One of them, I started work at a bike shop in Columbus called Velo science. And the owner, Jeff Clark. He was one of my first gravel buddies. And he introduced me to a bunch of people and there's actually the Ohio gravel grinders is a little community that yeah. [00:10:33] Craig Dalton: Yeah, for the frequent for frequent listeners. I've had Ray George on the podcast before and love, love all the effort that Ray and everybody involved in that community has put into Ohio and putting, just putting such great information out there for wannabe. Yeah, gravel, cyclists. It's  [00:10:49] Carly Fratianne: yeah, it's awesome. [00:10:50] That was how I started getting into it. I would just go, on ride with GPS and see what they had on their page. And there's always something that looked like fun and there's like you said, they're so like, informed and like the routes themselves are all uploaded with like awesome like notes and there's a huge dog here or bring a shit ton of water because there is none. [00:11:13] Craig Dalton: Yeah. I feel like there's one ride that there's a signature animal, like a donkey or something that you come  [00:11:18] Carly Fratianne: yeah. Donkey March Yeti. I, yeah, I was just seeing some friends when I visited him the other day, the thing is hilarious. I only, I knew he existed. But I never seen him. And I was on a ride one day. [00:11:32] I was training for Unbound with my friend, Melissa, and we were riding down this road out it's out in Homer is the little town. Okay. And we were just going down and I saw just like a F we okay to rewind for a split. Second, we had been chased by more dogs on this ride then like you would believe was humanly possible. [00:11:54] It was like five or six of them. And we were just, we were like pissed and stressed out. It was like, it was traumatic in a funny way that, you know, we as cyclists to understand. But. So we're coming down the road and she's a little bit in front of me. And I just see this flash of brown movement come from behind this like really thin tree line. [00:12:17] And I didn't see that there was like a wire fence or anything. I was just like, oh my God, Mel look out like screaming at her. Move cause she didn't see it. And I stopped the bike cause I realized it's not a dog and I didn't even know what it was. And this donkey just reached his head over the fence and uttered the loudest most hilarious, two minutes of sound. I have ever heard in my life. I wish I had recorded it. It was so funny and I just stood there and Mel just stood there and we were just like, what is this creature? Then obviously figured out that it was the infamous donkey machete. We felt really bad that we didn't have any extra food for him. [00:12:55] So  [00:12:56] Craig Dalton: I feel like that's a Ohio badge of honor to visit that donkey.  [00:13:01] Carly Fratianne: Gotta do it. Yeah, you got, it's really funny. Such a thing now that when we met him the first time, the. Came out with a huge carrot and was just like, oh yeah, I figured you guys didn't have any food for him. So I got to give him this. [00:13:17] Otherwise he'll just stand there and do that all day. He's just so used to the cyclists coming through she's we don't even really feed him anymore. Each just gets enough food.  [00:13:27] Craig Dalton: That's so funny. I'm sure Ray, who I'm sure you interact with would love to hear. Like the work that he and the community have done felt inviting, felt informative. [00:13:38] We talk about that so much on this podcast. Just the idea of the importance of locals, building community around gravel cycling, because it is intimidating, like even here and wherever you are, when you go out into the wilderness, like it's a little bit confusing, can be a little bit scary. It can be a lot intimidate. [00:13:56] When you're first getting into it. So having someone who's out there just putting information out there, and it sounds like their ride with GPS files are filled with, notes of where to get water and where the donkey is and all kinds of good stuff. It's such a powerful effort that locals can do wherever they are to put good vibes out there in the gravel. [00:14:15] Oh, my  [00:14:16] Carly Fratianne: God. Absolutely. And to, yeah to tap on your point about him being like intimidating in the wilderness and stuff. Like I was pretty, I'm a pretty small bodied female in. I think that I'm like, I was not brought up socialized to just go off into the wilderness like that and throw caution to the wind. [00:14:37] But, and I don't think that a lot of young girls are, or, young people in general these days and to. I have even just a little bit of guidance too, just to show you what you're capable of and help you get your foot in the door has built like an immense amount of confidence for me. [00:14:55] And I'm sure for plenty of other people and just knowing that you can go out there and like most of the people you meet are actually going to be pretty nice. And like you don't have to be afraid of coyotes usually. And there's just like a lot of. I don't want to say irrational fear, but like a lot of unchecked fear that kind of, if you can just get over it a little bit, you can get over it a lot, a bit. [00:15:21] And having the guidance of a community is like pretty crucial to getting over  [00:15:25] Craig Dalton: that first step. Absolutely. Yeah. I think once you get that right bike, that right. Gravel bike that's capable, even if your notion is that I'm going to start on the right. Then you start seeing little dirt paths and maybe you take a quarter mile on the dirt and you start to realize, yeah, not only am I capable of doing this, not only is my bike capable of doing it, but I'd like to do it more and it's better than the time I'm spending on the road and safer, et cetera. [00:15:50] Yeah.  [00:15:50] Carly Fratianne: It's safer. More interesting stuff. I always joke with my friends that I have to meet a new cow every day. It's like a hilarious little mantra of mine just to continue to explore, even if, you're landlocked in an area, just keep looking for more different stuff.  [00:16:09] Craig Dalton: Yeah. So in those early days of the pandemic, as you started to discover gravel riding a little bit more, it sounds like you're available time to explore also expanded because you weren't able to gig the way you were and maybe your other employment wasn't as as fruitful. [00:16:25] Carly Fratianne: Yeah. Yeah. It was a lot of long days. I did I did my first century ride. I don't even remember when that was. It was probably right about when I got back from Texas, I had been working at rogue fitness as a like assembly line worker. I was just like building squat racks for like the CrossFit scene. [00:16:51] I was, that was very hard work. And I like took a day. And I wrote a century ride with one of my friends Alex, who was the basis in Southern. And I had never done a ride that long before. And I was just like, oh my God, I can just go and spend the whole freaking day on the bike if I want to this is amazing. [00:17:10] And so I just started going out or like long days, at least a couple of times a week. I loved it. I just love I would listen to music sometimes, but I really just loved the solitude. And I hardly even rode with anyone. Like when I was first getting into it, I'm into like the longer rides. [00:17:29] And then I guess it was when I started riding with with Jeff that I got really super hooked on the gravel and just that sort of became the primary focus is just to find new roads and just get off of the, get off of the beaten path. So to speak,  [00:17:47] Craig Dalton: not that there were likely any events, but were you doing any events at that time or was it all solo riding or with friends? [00:17:54] Carly Fratianne: It was all similar writing and occasionally with friends they canceled all their races. I think I was signed up to do my first advantage. It wasn't a race it's called the tossers just stands for a tour this side of river valley. And it's it's 200 miles, but it's like in two days, so you get taken out and back a hundred miles. [00:18:17] And that was canceled. I was like training for that. When I was. Coming back from Texas. So that was going to be my first event and they canceled that. And then everything else just tumbled off  [00:18:31] Craig Dalton: during this period of time where you're getting all those miles in. What was going on with your kind of musical career? [00:18:37] Was it, were you working on stuff at the time? Does writing help you come up with lyrics or ideas?  [00:18:44] Carly Fratianne: Yeah, yeah, it's a lot of songs were written on a bike this past year. It's an amazing place to process. You get out there and you just have, the wheels spinning and you just start thinking about stuff. [00:18:57] And I tend to think really rhythmically when I'm writing lyrics. Okay. And something about being on the bike is just it's a really like good like rhythmic activity. So it I don't know why, but it just stimulates your brain a little bit. And so I was, yeah, I guess to, to answer your question, I was writing and recording like a little bit In had a little demo studio set up in the house that I was living at the time with my partner in the band, w I D a, we were trying to track stuff, but it was slow going, I wrote a lot that year, but I didn't really, I wasn't really, for any specific. [00:19:42] Purpose, like I haven't even really recorded a lot of that music and it was just a really like strange black hole of time, wherein it didn't really feel important to be making art that was like for a purpose. I guess that's just like the nature of like human crazies, but Yeah, it was mostly just for expression. [00:20:07] And I guess that like break period was informative to I think on I don't want to say better physical level, but there was something in my like, spirit that just deeply needed to just turn everything off for a while.  [00:20:24] Craig Dalton: Interesting. I want to come back to the gravel cycling side of things, but before we do the culmination and then this year in 2021, you've actually launched a solo project. [00:20:35] Is that correct?  [00:20:37] Carly Fratianne: Yeah. Yeah.  [00:20:39] Craig Dalton: Oh, yeah. Is that just personal curiosity? Is are there complexities, obviously you're continuing to work with WIDS as a band or their complexities and kind of managing those interpersonal relationships or was it pretty clear oh, this personal thing is, feels so different than it's a different expression of my art. [00:20:57] Carly Fratianne: It's you know what? It's a little bit easier than I thought it was going to be. Actually, I was worried about that too, but. Keeping communication open is always key. But I think also like it, this material that I was working on for when I started working on the Louis project was definitely very different or at least if it felt that way to me. [00:21:22] And I think I, if you asked anyone that was involved in the project, they would either project, they would probably agree. So I don't think there was a ton of I don't know there wasn't really much friction, but it is you bring up a good point that there were some conversations that had to be had. So yeah,  [00:21:38] Craig Dalton: that for the listener, you won't know this, but in the intro, I've played a little bit of the w Y D track that was shared with me. [00:21:46] And I'll just drop in right now, your need for now track under the artist's name of Louie and let the listener take a look at it. And. Awesome. [00:21:58] Yeah.  [00:24:33] Cool. So that was great. I, it's funny. I was playing it last night for my seven year old son and he yelled in from the other room.  [00:24:39] He's I really [00:24:40] Like. that song. [00:24:41] He's very he's very musical, so it's super cute. And he periodically yells things like that to me. So for the seven year old crowd, I guess you nailed it. That  [00:24:51] Carly Fratianne: is awesome. And got started from young.  [00:24:55] Craig Dalton: Exactly. Exactly. I'm sure it's going to be a cool journey and hopefully, you'll be able to get back to both gigging as a solo artist and back with the band. [00:25:03] Cause it sounds like that's where you really come alive on stage.  [00:25:07] Carly Fratianne: For sure. Yeah. I, it's been a lot of solo, small shows this year, so far which has actually been really nice. I do miss being up there and being loud. W I D is had the opportunity to play a handful of like bigger, full capacity shows. [00:25:24] And Madison is strange drug. I tell you what it'd be ended up there. It's the kind of energy that I feel really privileged to have gotten to experience even just in the years that I've been doing it. But yeah, there is a good intimacy with the solo thing. That's been enough to hold me over,  [00:25:44] Craig Dalton: yeah. Yeah. I I think a drug is probably an apt comparison because I imagine that it just feels electric to be on stage and in front of people and to feel the energy and the enthusiasm. Yeah.  [00:25:57] Carly Fratianne: Yeah. It's it's absolutely on paralleled. When you're, especially in a hometown show and you're in a room full of people that are like really stoked on what you're doing. [00:26:08] You can just feel the energy. It's like a force of nature and it just comes right back at you. And it's it takes days for you to be able to shake it off even really  [00:26:19] Craig Dalton: yeah. Now for the most awkward segue in podcasting history, talking about community and feeling that energy, I did want to come back to you did Unbound, which is crazy to think about, obviously you've been active your whole life and it's not like you're a new athlete, but to go from, Hey, I like this gravel riding thing to knocking out on. [00:26:41] It's quite a journey. So why don't you talk about like maybe how you got exposed to Unbound and what made you think it was a good idea to go for  [00:26:48] Carly Fratianne: it? Oh my God. Okay. This is I truly couldn't have recreated this. If I had to re-engineer my life it was just very happenstance. I knew of Unbound. [00:27:01] Just cause I had watched, YouTube videos of, cause I, once you get into it, you're like, oh my God this is crazy. Like these people do this stuff. This is just nuts. So I had watched a couple of videos about it and I was just like, man, like that is some wild shit. I don't even know how you can do that. [00:27:18] And. I was, I had just joined there's a cycling team called lady NAR shredders in Columbus. And obviously they were no amendments. We were just organizing smaller group rides or, going out and a couple of people at a time to just hang out and get to know each other. And I. [00:27:37] Meegan Gerkey who is, I don't know if she's still the, one of the administrators, but she was she was doing the recruiting and she sorta took me under her wing and helped show me a bunch of stuff, just about like how to do bike riding in a real, like more scientific way. [00:27:55] And then Melissa wick who had also just joined that year. And we were, the three of us were like the ones that were into the gravel the most. So we got together and did a gravel ride. It was cold. I feel like it was probably, I want to say December, maybe November, December of that, of the year before. [00:28:15] We had just all met and we're just riding or riding along, talking about stuff. And Meagan heads, she was set to do it in 2021 or 2020. Oh yeah, 2020. And then when it got deferred, she was going to do it the next year because they announced that they were going to have it. And Melissa had also signed up and they were talking about it and I was like, oh my God. [00:28:41] You guys just do that. You guys are going to do that race. Like you gotta be kidding me. And then they're both just you should do it too. And I was just like, okay whatever. So it was funny. The lottery opened like that. It was like that week. I think it was like a couple of. Later. And I like set an alarm on my phone and everything. [00:29:05] I like typed out my little submission and I sent it in and didn't really think I was just like, alright that's in there. And all known like a couple of months, I just keep riding my bike and whatever. And then I went down to Texas in, I think February late February. And it was just doing a bunch of training down here. [00:29:27] Cause it's nice out and it's boom, not snowing. I was able to keep getting some like longer endurance rides in without getting frostbite. And I got, I was like headed out to go camp in hill country and I got an email on my phone and it just said you're in. And I looked at it and I was like, oh shit. [00:29:48] Okay. All right. So immediately I called Melissa and me. I'm just like, okay, you guys we gotta get serious. Like we gotta go do this thing. And they're just like, oh yeah, whatever. So I went I spent another month in Texas and then I went back to Columbus and the three of us just started training like crazy. [00:30:07] And. Yeah, we were doing some really absurd rides, just trying to get as much gravel and as much distance as possible. And I think the training for that race was like some of the most fun I've ever had in my life. Just like the amount of like insane experiences that were had on bikes between the three of us is just I didn't, I wouldn't have thought it was possible to like, have that much fun and be doing a freaking bike ride. [00:30:39] Yeah. Then we did the race and we all finished and we were just like okay. That was crazy. And that what we do,  [00:30:46] Craig Dalton: how would, how did that feel lining up at the starting line with such an energy and large field at Unbound? It must've been crazy compared to what you'd been experiencing previously. [00:30:58] Carly Fratianne: Oh yeah. So my, I did my first race. It was a 50 mile race in Ohio, and then I did the gravel Locos race in Texas. So those were the only two organize events I'd ever done. And they were both like, super-duper small. Like the one in Ohio is I think I was the only person in my age, like in my wave for that And then the Heico race was like super small. [00:31:23] It was the first year they'd done it. Awesome. And then gravel Locos is awesome. But that too is just I don't even, they were like a hundred people or something there, and this was like nuts. Like you see like videos, people post of like the start lines at these events, but like you, when you have that, when you're in the middle of it, and this is just Unreal. [00:31:45] And to just to think if you've never done the event before, you're literally just sitting there, like you have no idea what to expect. All the training in the world could go out of the window in a second. Like it's just such an intense place.  [00:31:59] Craig Dalton: The interesting thing is like you think about gravel riding. [00:32:01] And for many of us, it's like a small group or solo affair. And when you're riding on a 12 foot wide gravel road, You've got a lot of room to pick lines, right? Your, you can go wherever you want. And then all of a sudden you join one of these events with a thousand people in it or more, you don't get to pick your lines. [00:32:18] Like you're 12 abreast on a 12 foot road, and you'd never know what's going to come up. I imagine in those first few miles, at least, right? Oh my God.  [00:32:27] Carly Fratianne: Yeah, there were, oh God, there were so many sketchy areas in the first 50 miles of that. I saw quite a few wrecks or near wrecks. And it, you're just like on top of each other and nothing employer is like just such an interesting mix of. [00:32:51] Perfectly graded, flat roads. And then just like the gnarliest, like it's just like a washed out Creek, but like no same motorist would drive a car on it, but it's like the same problem. And you're just like, how can this be? And when you're proud on top of each other, like you said, there's, you can't see any lines, let alone a good one. [00:33:11] So you're just. Holding the bars and like praying, you're just like bunny hopping from rock to rock. Just like hoping you don't get a  [00:33:20] Craig Dalton: flat. Yeah. Yeah. You imagine the PR pros and fast people at the front of the race trying to get out ahead of it. But when I'm doing these events and imagine like you there's no getting out ahead of anybody, like there's always going to be someone ahead of you and behind you. [00:33:33] Carly Fratianne: Oh, yeah, you're definitely just in the pack until the pack explodes and it can start, they can take a while to get get spaced out. It's it is it's super wild too. Cause you know, you ride the first half of that race and you're just like sardines and then, by mile one, 20 or. What you're like riding past people that are taking a nap, it's just such a different experience in the second half. [00:34:00] Craig Dalton: Did you spend a lot of time thinking about that second half and how to make sure you were fueled up and fit enough for it? Cause I imagine, the first half of the. Obviously like many of us can get to a hundred mile fitness, but beyond a hundred miles, it's both a different story from a fitness perspective, but also from a nutrition and hydration perspective, any corner you've cut is going to be a problem. [00:34:22] Carly Fratianne: Oh my God. Absolutely. That was, that was one thing that I really actually did have to train for. Specifically was like being able to like, take enough nutrition on the bike. Because you it's true, like you, your body it stops being able to like process things after awhile when you're working that hard. [00:34:41] And the heat is a huge factor that I think doesn't always get taking it in deep and as it shifts really quickly, and once you have started to dehydrate, you can. Really eat any more than what had guessed, which basically renders you in a state of almost bonking for like until you figure it out. [00:35:07] And I don't even, I had a couple of like really like weird, bad nutrition choices. But I think I was able to kind of phone it in a little bit as far as like being able to keep the food down. So the the actual training from a fitness standpoint was basically just a get as much gravel as you can. [00:35:31] And because. By the end of a hundred miles or whatever, you're like your whole body starts to just a it's it's like your legs are tired. Sure. But like also, like you're carrying your water on your back and you're just like riding up and down rocks. And everything is just like shaking around, like constantly. [00:35:51] And I had to just prepare for that by I guess just like doing rides with like fully loaded, even when I didn't need that water on my back. I would take the camera back with me. And then nutrition, I. I experimented with a lot of stuff, because I knew that I was going to need something that was not going to be like invasive to the gut. [00:36:12] And what Mel and I landed on was we made some of those recipes out of that scratch labs the portables book. Oh my God. It was amazing. Yeah. We just basically made like a bunch of different kinds of rice cakes and just wrap them in foil which it worked really well. And it was like super cheap. [00:36:31] I will say if I had to do that again, I would have probably brought more gels actually, because I was trying to stay off of them because they typically upset my stomach as probably most people tell you as well. I think between the dehydration, it was just like, it's got to be super hard to process solid food towards the end. [00:36:53] Craig Dalton: Yeah. I think to your point earlier, it's you need to have variety. Like when you're training rides, it's pretty easy to at least for me, like I can eat the exact same nutritional plans. For a five-hour ride every single week, like no issue whatsoever. But when you're talking about, anything beyond six hours and 12 hours, like you, you're just going to want to have different things. [00:37:15] And some of the things we talked about this before on the podcast, just this idea that, you're going to have horrible moments in these events sometimes. And that could be a mechanical moment. That could be like a gut moment or even a mental moment. And the important thing everybody's going to go through that from the professional riders to the last place person on the event, you just have to know that it will pass. [00:37:38] And the only thing you need to be concerned about is continually moving for.  [00:37:43] Carly Fratianne: Yeah exactly. And like the, yeah, I think the one 20 mile mark is like really where it starts to like, get real. That's when you just see people like, coming apart on the side of the road and you're just thinking wow, okay, what do I have to do to make sure that doesn't happen to me? [00:37:58] And as long as you're able to like, eat and drink, you'll probably be fine, but there's definitely a moment where. You just don't want anything like you just can't like, you just can't. And think of a single thing on earth. That sounds good. And your w your drink mix just makes you want to puke. Like I bought a huge bag of the strawberry lemonade scratch because it was my favorite flavor. [00:38:24] I was like, okay, this is great. I will have to buy a new bag of this for forever. I'm telling you by the end of this. I was like, man, I need to just get rid of this whole bag. Like I'll never be able to drink this shit again. It is. So just like sickly, reminiscent of a horrible feeling in my  [00:38:40] Craig Dalton: body PTSD by hydration,  [00:38:45] Carly Fratianne: literally. [00:38:45] Yeah. It was such a even still I still have the bag every once in a while. I'll throw some in my bottles. I share every time I'm just like, oh, okay. It's still just reminds me of that.  [00:38:57] Craig Dalton: Okay. So as hopefully we look forward to a future where your, know, your musical endeavors can become a bigger time in your life and we can get back to going to live music venues. [00:39:08] Are you going to continue gravel cycling? Do you have ambitions for 2022 to continue doing.  [00:39:14] Carly Fratianne: Yeah, I'm I'm not sure which I know I will probably, I will try and do Unbound again. I would like to beat the sun. That's a small goal, but as far as events go I'm less compelled to events this year. [00:39:28] And I will probably be spending a bulk of my time doing some bike packing. Right now, I'm in Texas, which is one of my favorite places to ride. There are lots of race routes and stuff that you can find that are, pre there maybe an hour out of town, but they're pretty accessible and it's all like ranch road. [00:39:46] So you can get, I you can go a day without seeing the. Really and it's, it's beautiful and it's temperate. So I'm going to spend some time down here and then I'm going to head out to Arizona and a little bit to do some bike packing on some of the the trails out there. I would, I will probably make an attempt at the monument. [00:40:09] I don't know that I'll do it all in one go. But if the weather holds out over the next couple of weeks, I'll probably see which one looks the most enticing and go for it.  [00:40:21] Craig Dalton: Awesome. That sounds amazing. We're happy to have you. I'm happy to have had this discussion. I love, I just love, it's just a great story. [00:40:28] The inclusiveness of gravel and how everybody's welcome. And whether it's doing events or bike packing, or riding with friends, like we want all comers to the sport.  [00:40:38] Carly Fratianne: Yeah. It's a, it's an awesome sport. It's like probably the most inclusive sport I can think of as far as any, fitness level can find something, any person of any age can find something you can just like. [00:40:57] Kind of make it into whatever you want. And I think that's the beauty of it is that, there, there are a few, there are a few barriers to entry. The only one really is do you have a bike? And is your spirit adventurous?  [00:41:11] Craig Dalton: Yeah. Awesome. I think that's a good place to end. Thanks Carly so much for the time. [00:41:16] Carly Fratianne: Thanks so much for having me, Greg.  [00:41:18] Craig Dalton: That's going to do it for this week's edition of the gravel ride podcast. I hope you enjoyed this show. Happy to have your feedback. Obviously I'm not a master editor. So weaving some of that music in was a bit of a challenge for me, but it was a great conversation. I really enjoyed getting to know Carly and her journey into this gravel cycling community that we all love so much.  [00:41:42] Big, thanks to competitive cyclists for sponsoring this week's edition of the gravel ride podcast. Remember it's promo code the gravel ride@competitivecyclists.com for 15% off. If you're looking to connect with me, I encourage you to come and join us in the ridership forum. It's www.theridership.com.  [00:42:05] And if you're able to support the podcast financially, simply visit buy me a coffee. Dot com slash the gravel ride. Continuing with the theme of this show, I'm going to drop in one of Carly's other songs, a full track for you to listen. It's the same one that we opened up with, but I'll let it play into its conclusion.  [00:42:26] As a peaceful way for you ending this podcast. Until next time. Here's to finding some dirt under your wheels [00:42:34] 

July 16, 2020: Pulling out nuggets from reading through HEICO's shareholder letters from 2011 - 2019. HEICO's known as a popular “compounder” and “high-performing conglomerate” so the mission was to see if management shared lessons on their decentralized organization structure.   Find detailed notes of the episode on omdventures.com/omddaily Support the podcast by donating at omdventures.com/stakeholder Music by icons8.com

Today on the podcast we have Will Sawitz who is the Assistant Treasurer at The Heico Companies which is a conglomerate that own a number of various businesses. Will has worked across a lot of different industries and has some really good insights on how those industries relate and how you can make a move across the different industries.    In this episode: Why Will chose a career in Treasury Will's experience moving across industries from a treasury perspective  Advice if you are looking to move industries How he would advise hiring managers where someone doesn't have the right industry experience Some of Will's biggest achievements in his career  Advice to young treasury people How Mentors played a role  Will's approach to networking The role of the treasurer in the coming years in advances in tech   Links The Heiko Companies website Will Sawitz LinkedIn

When you're told you're going to meet a financial powerhouse you usually don't imagine a warm, infectious smile and bubbly enthusiasm pouring across your boardroom.Well, begin to reimagine. Gabriela Rodil has been catapulting businesses to success in 20 countries for 20 years. When she enters your C-Suite you'll immediately feel that anything is possible. Whatever culture, language, personality or legacy status you may bring to the table, rest assured that Gabby will bridge it with the teams and partners that will enable your company to reach your dream heights.Because she has accumulated leadership expertise in so many industries and markets this multi-faceted, multilingual, global finance executive needed to expand her team to keep up with demand. After honing her leadership prowess at companies like Flexan, Plante Moran, Heico, Spectrum Brands, Schlumberger and KPMG Gabriela customized her definition of a leader and began building her team. She rigorously reviewed each consultant to ensure that her or his track record was on par with hers in finance, strategic planning, IT, operations, risk management, human resources, and production of sustained revenue and EBITDA growth. All GR&Co. consultants have ushered dozens of companies to soaring success.Now that her team is replicating her trailblazing tactics, Gabby is able to spend more time pursuing her diverse passions: serving on the Board of Directors for The Fig Factor Foundation, a nonprofit that empowers young Latina women; writing for Today's Inspired Latina; and speaking at leadership and empowerment forums. She has been featured on WGN Adelante Chicago with Lourdes Duarte and on the pages of Inc., Halfstack and IL CPA magazine. Gabby earned her MBA with emphasis in international business from the University of Miami School of Business, a bachelor's degree in business administration from Fundação Armando Álvares Penteado and an associate degree in accounting from the Universida de de São Paulo.You can find out more about Gabby and the services she offers here:https://www.grodilco.com/

This week Dan Fitzpatrick, founder of StockMarketMentor.com, joined us to discuss practical tips for staying disciplined and filtering out the noise of thousands of stocks to choose from. We also take a look at a few names for your watch list: Heico, Inspire Medical Systems and CyberArk. For the video version, show notes and charts, visit investors.com/podcast.

Hoy en @cdemercados analizamos con @MMPRG, director de @BigDealCapital : #CincinattiFinantialCorp #Fiserv #Heico

Hoy en @cdemercados analizamos con @MMPRG, director de @BigDealCapital : #CincinattiFinantialCorp #Fiserv #Heico

All sales of used machine tools from woodworking, Metal processing, Agricultural and Construction industries | Never miss an auction with TradeMachines! As an independent company TradeMachines has set itself the goal of making the sale of industrial machinery clearer and more accessible – for everyone. Through close cooperation with the largest auction houses and traders, thousands of industrial machinery in many sectors of industry are available on trademachines.com every day.  Listen to what Heico Koch, the company CEO shared with us about his company and insights.

Matt Nolan is Vice President and General Counsel of the Ancra Group and Director of Global Compliance for The Heico Companies. As General Counsel for one of Heico’s four platforms, consisting of 18 individual companies on five continents, Matt oversees all legal matters, including policies, training and processes. As Director of Global Compliance, he implements and operates Heico’s compliance program. Prior to Heico, Matt was Senior Counsel of Dow Corning, including two years in Shanghai. What you’ll learn in this episode: What values, expertise and personality traits Matt looks for when he seeks outside counsel for assistance. Why email digests and client alerts can be a useful and informative tool for law firms marketing to in-house counsel. What opportunities Association of Corporate Counsel offers to law firms and in-house attorneys for building their networks. Why it’s important to be honest about your interests and strengths, and to match them to your legal career. How to contact Matt Nolan:   LinkedIn: https://www.linkedin.com/in/mattnolan1/ Twitter: @mrmattnolan  

Welcome to a Supplemental Episode! SUPPLEMENTAL: "An Add-On show focused on personal, philosophical, social, of simply Sci-Fi topics - all brought back to Space in the end!" Alex and the Assistant talk about Fear & Worry, and they both talk about techniques for reducing stress. Alex overviews the SpaceX Abort Test Launch on May 6 and the Blue Origins 1st Stage launch test of the "New Shepard" Space Business: The Assistant overviews the HEICO corporation. Their subsidiaries have provided parts on NASA's Dawn Spacecraft. The Assistant explains a few things: What is a Subsidiary The history of the HEICO Corporation What Common Stock is What makes a good Board of Directors. The two consider and discuss this weeks Future Space Business Question: "Who owns the rights to information being exchanged in Space?" Enjoy!

Tonight's podcast is about HEICO (HEI), a stock that I wrote up on my blog on Friday. The stock shows strong revenue and earnings growth, reasonable valuation, and a nice chart.