Trench Talk With Matt Reynolds

#016: Stuart Lord | Lockelec

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Synopsis

Stuart Lord joined me on the podcast this week to discuss building his company Lockelec. When Stuart first walked into the family engineering and design business, he knew things were bad. Not one to shy from a challenge, he rolled up his sleeves, pounded the pavement, drummed up business and took on jobs he didn’t know how to do. He did basically anything that would bring in money for the company. But imagine this, you find the work, do the job and collect payment only to have money disappear from your bank account due to unpaid bills and other hidden liabilities. Stuart’s predicament lasted for over 4 years. Today, he has a growing business and services some of Australia’s biggest and most well-known company’s including Metro, Siemens, the Government of South Australia, Ambulance Victoria and Coles. Coles is one of Australia’s biggest supermarket chains and Stuart along with the team at Lockelec have just won the 2017 Coles Supplier of the Year Award. We discussed: dealing with constant set backs the momen