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Third Generation Plumber to $2.5 Billion Sale: Frank DiMarco’s Story | Part One!

📅 May 26, 2026 ⏱️ 40:17 🎤 Frank DiMarco, Lance Bachmann, Bernie Ola

Chapters

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  • 0:00
    From Rock Bottom to Resilience
    Frank discusses his experience of losing everything and the determination required to rebuild from scratch, highlighting the infamous list of people he had to prove wrong.
  • 2:00
    Third-Generation Plumber's Legacy
    Frank introduces himself as the CEO of Champions Group Holdings and proudly recounts his background as a third-generation heating, air conditioning, plumbing, and electrical professional from Cleveland, Ohio.
  • 4:29
    The Impact of People and Culture
    Frank emphasizes the importance of a strong leadership team, a positive company culture, and how employee satisfaction directly correlates with financial success.
  • 6:41
    Family Lineage and Early Work Ethic
    Frank shares his family history in the trades, detailing how his grandfather and father built successful businesses and instilled in him a strong work ethic from a young age.
  • 12:49
    Denver Deal Gone Wrong
    Frank recounts a devastating business deal in Denver where he lost all his money, highlighting the importance of due diligence and choosing the right partners.
  • 19:12
    Leland Smith's Pivotal Offer
    Frank describes how Leland Smith offered him a life-changing opportunity to open a branch under Service Champions after his struggles, emphasizing the importance of mentorship.
  • 28:10
    The Power of Relentless Drive
    Frank reflects on the sheer focus and effort required to overcome adversity, often driving hours daily, and how a 'no complaints' attitude fueled his journey to success.

Speakers

F
Frank DiMarco
CEO, Champions Group Holdings
L
Lance Bachmann
Host
B
Bernie Ola
VP of Sales at Titan Pro Technologies

Key Takeaways

✦

Invest in your team: Financial success is a direct reflection of how employees feel about working for you, so foster a positive and supportive work environment.

✦

Cultivate strong leadership: Empower your leadership team to challenge your ideas, as diverse perspectives lead to better decisions and stronger outcomes.

✦

Build a robust network: Relationships and mentors are invaluable; they can provide crucial support, guidance, and opportunities during challenging times.

✦

Get everything in writing: Protect your investments and interests by formalizing agreements, especially when partnering or making significant financial commitments.

✦

Embrace resilience: Expect setbacks and view them as opportunities for growth; maintaining a 'head down, eyes forward' approach is key to overcoming adversity.

✦

Prioritize continuous learning: Always seek knowledge and different perspectives, even from outside your immediate field, to drive innovation and growth.

✦

Focus on inspiring, not just motivating: True leadership inspires individuals to be better versions of themselves, leading to sustained performance and loyalty.

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