We’re thrilled to welcome Steve Penkala, the entrepreneurial mind behind Wisconsin-based Binding Edge Inc., in today’s riveting exchange. Imagine a sports fan comparing the performance of two of his favorite teams, the Philadelphia Phillies and the Green Bay Packers, to his own business. Steve, an ardent Packers aficionado, takes a unique perspective at how the principles of dynasty and legacy ripple through the sports and business worlds. Together, we navigate the delicate balance of continuous striving and avoiding the pitfall of complacency in both arenas.

Steve’s journey from childhood to the helm of a successful company in the printing and paper converting industry is nothing short of inspiring. Hear about the audacious investment decision he made against his advisors’ recommendations and the subsequent triumph that affirmed his risk-taking. When the corporate world and faith intersect, magic happens, and Steve, a man of faith, is determined to leave a positive and lasting legacy for his employees.

Of course, the path of entrepreneurship is strewn with challenges, and Steve’s is no exception. The COVID-19 pandemic brought with it a unique hurdle – finding and retaining employees. We discuss Steve’s strategies to combat this, including wage increases and automation investment, all while fostering a positive company culture. Steve’s love for homemade Italian pasta and his commitment to his employees’ well-being, even amidst business pivots during the pandemic, paint a picture of a leader worth emulating.

About Steve Penkala:
Steve Penkala is the founder and owner of Binding Edge, Inc. and Quality Coil.  He has 47 years experience in the printing, graphic finishing and paper converting industry. His experience ranges from machine operation, sales, sales management and business ownership. His ultimate goal is to integrate his faith into his workplace with the desire to have an eternal impact on those he works alongside.

Connect with Steve:
Website bindingedge.com
Website qualitycoil.com
LinkedIn linkedin.com/in/stevepenkala
LinkedIn linkedin.com/company/bindingedge
Facebook facebook.com/BindingEdgeInc

This episode is brought to you by Binding Edge, Inc., mechanical binding, finishing, and custom services with a “can-do” customer-focused attitude.  Go to bindingedge.com to learn more.

Your Host, Marc Bernstein                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Marc Bernstein is an entrepreneur, author, and consultant. He helps high performing entrepreneurs and business owners create a vision for the future, accomplish their business and personal goals, financial and otherwise, and on helping them to see through on their intentions. Marc recently co-founded March, a forward-looking company with a unique approach to wealth management. He captured his philosophy in his #1 Amazon Bestseller, The Fiscal Therapy Solution 1.0. Marc is also the founder of the Forward Focus Forum, a suite of resources tailored specifically to educate and connect high performing entrepreneurs, and helping them realize their vision of true financial independence. Find out more about Marc and connect with him at marcjbernstein.com.                                 

Ang Onorato                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Ang is a highly sought after human capital leader with expertise in multiple areas including conscious leadership development, executive search, business operations, and human behavioral assessment. With over 25 years of experience, she has worked with a range of clients including global Fortune 500 organizations, professional service firms, and entrepreneurs. Her background includes leading major divisions and lines of business in corporate environments, as well as being an entrepreneur herself.
Ang’s approach is uncommon in that she blends psychology, spirituality, and business in her work. With a Master’s Degree in Psychology and Social Sciences, she brings a deep understanding of human behavior to her coaching and consulting services. This allows her to guide corporate and entrepreneurial clients to develop the conscious leadership skills and mindset needed to succeed with their businesses, teams and stakeholders. Connect with Ang at angonorato.com