features:
A Little Luck, A Lot of Work:
Jeff Lewis, '90, '92
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Jeff Lewis, '90, '92
Photo by Ashley Washburn |
Company: MIS Engineering
Number of Employees: 6
Office: Lincoln
Distinction: MIS Engineering is the only bare circuit
manufacturer in Nebraska.
Award: Lewis was the recipient of the first Walter
Entrepreneurship Award in 2001.
Jeff Lewis discovered just how risky entrepreneurship
be when an economic shift put hundreds of companies
like his out of business. Lewis started MIS Engineering
during graduate school in 1991. His company started
a circuit board manufacturer and gradually moved
mass production. At its peak, MIS had 132 employees.
But in 2000, shortly after Lewis moved his business
from the Sullivan Building in the Haymarket district
a 60,000 square-foot plant on Southwest 37th Street,
companies began outsourcing circuit board production
manufacturers in India, China and throughout Asia.
saved his business by returning to his roots: product
and prototypes. Today one of MIS’s key clients is Nebraska
Surgical Solutions, which makes small robots for minimally
invasive surgery. Nebraska Surgical is a partnership
between Shane Farritor, associate professor of mechanical
engineering; Dmitry Oleynikov, a surgeon at the University
of Nebraska Medical Center; and an investor.
Why did you become an entrepreneur?
I think the company concept was founded on a bar napkin in
Iguana’s. … My father owned his own business (a plant nursery) and
encouraged me to do the same. I love Nebraska and didn’t want to
leave. There probably has not been one day when I haven’t loved what I
do. The day I wake up and don’t like what I do, I guess I’ll do something
else—but I don’t think that will happen.
What is the best business advice you’ve received?
Cash flow, cash flow, cash flow. Make sure you meet your obligations.
That’s very difficult to do when you’re an upstart. Another lesson
I’ve learned is to find your niche and don’t leave it. I tried to expand
into production. That risk put most of the people I know in this business,
out of business.
How have you adjusted to changes in your industry?
We didn’t anticipate production being moved overseas so quickly. I
outlaid millions of dollars to build our current facility, and I certainly
wouldn’t have done that willingly had I known that was going to happen.
But if you’re not part of technology, you’ll get run over by it. One
of our survival skills has been to be flexible. We’ve become more of a
design team. If we’d been just a bare board manufacturer we wouldn’t
be alive today.
Being diverse is a good thing. The world may deal you a bad hand
but the next one doesn’t have to be. There’s a saying that lucky people
look for the opportunity, and I think there’s a lot to be said about that.
… We’re building up again and are very optimistic about the future.
How do you feel about outsourcing?
If companies benefit by outsourcing to India that’s what’s going to
happen, and you’re not going to stop it. Customers are loyal but purchasing
agents don’t care. If they can get it cheaper, they will. Products
are cost-driven and a lot of that goes back to throwaway technology.
It’s cheaper to buy new rather than pay someone to fix it.
I worry about human rights. We’re taking advantage of their (other
countries’) massive population and the actual workers aren’t the
ones getting rich. If there is anything I’m upset with in the world, it’s
the lack of enforcement of environmental standards with overseas
production. These companies are polluting the world, and I fear for my
grandchildren who will bear the cost of cleaning it up.
What do you look for in an employee?
MIS employs mostly UNL grads. I love getting junior-level engineering
students. School is great, but there should be time in the
trenches before you call yourself an engineer.