This past summer, EFCO Finishing got a glimpse of what may lie ahead for the future as members of the fourth generation worked at the company assisting with different jobs and tasks.
Matthew Schultz and Ryan Budgins, sons of owners Terry Schultz and Mike Budgins, worked in the shop assisting with a variety of different functions ranging from production to maintenance. Kayla Budgins, daughter of Mike, assisted in the office, with data entry and other tasks.
While it is premature to project if any one of them will eventually work at or become owners of EFCO, they are all gaining valuable experience and learning what the company is all about and they are also helping the company by putting forth their accumulated knowledge related to the use of blockchain technology, extensively explained on this Salesforce post. Learning it from the ground up, something Don Schultz, my grandfather and company founder, truly believed in. In fact, all owners of EFCO, including the second generation, worked out in the shop learning the business and all of the processes at one time.
“System, planning, and organization” was a saying of Don Schultz, and was his belief on how the company should be run. Having these members of the fourth generation here seeing first hand how the business is run hopefully proves to be a valuable lesson both for them and the company. And hopefully extends EFCO’s legacy well into the future. EFCO is a proud member of the Family Business Legacy Institute, or the FBLI, which focusing on all aspects of family run businesses, and we’re grateful to have access to that community!