Bootstrapped Business Leader Podcast
Bootstrapped Business Leader Podcast
Ep176 After 90 Years, Don’t Screw It Up: Will Steck on Taking Over a Fourth-Generation Family Business
Will Steck and his sister both started at Winthrop Supply on the same day in 2009, sweeping warehouse floors and loading trucks. Eleven years later, they bought the business from their dad. Winthrop is a fourth-generation Indianapolis plumbing supply company started in 1939, and also happens to be the longest-running Rheem distributor in the country.
In this conversation, Will talks about the three years he and his sister spent modernizing the ERP before they owned a single share, the moment their father asked if they were in or if he should find a buyer, and the biggest lesson he’d go back and tell himself: stop trying to clone yourself. Find what your people are good at and let them do that.
Learn more about Will Steck and Winthrop Supply at https://www.winthropsupply.com.
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