The $100 Million Mindset

The Cost of a $100M Legacy: Built on Grit, Loyalty, and Leadership

May 13, 2025
Join Jimmie Dale, CEO of Baker Brothers Plumbing, Air & Electric, as he shares his journey of transforming a family business into a multi-service leader. He dives into unconventional leadership tactics, the power of hiring outside the trades, and the importance of transparency in fostering a positive culture. Learn how strategic private equity partnerships can enhance growth without compromising values, and discover the significant role of brand consistency in dominating the market—all built on his philosophy of serving first.
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ANECDOTE

Owning Baker Brothers with Skin

  • Jimmie Dale bought out his dad's plumbing business, signing loans personally to have true ownership and responsibility.
  • This financial skin in the game motivated him to work differently and grow the company rapidly after 2008.
INSIGHT

Competitors as Collaborators

  • Building strong peer relationships with leaders in the industry is crucial for learning and growth.
  • Competitors can be friends who make the whole industry better through shared success.
ADVICE

Hire Winners, Train Thoroughly

  • Hire leaders based on their drive to win and integrity, even from outside the trades.
  • Train them thoroughly in all aspects of the business for successful leadership.
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