Wisdom Of Wrench Podcast

$1.6 Billion HVAC Secret: How Wrench Group's CEO Dominates Home Services

Mar 24, 2025
Ken Haines, CEO of Wrench Group and a seasoned expert with 47 years in the trades, shares his transformation from a passionate entrepreneur to a leader in the HVAC industry. He discusses how Wrench Group grew from $150 million to over $1.5 billion through service diversification and strategic partnerships. With a focus on emotional intelligence and work ethic over formal education, Ken highlights the importance of investing in people and fostering leadership to enhance employee retention. His inspiring journey illustrates the power of hard work and commitment.
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ADVICE

Importance of Trade Experience

  • Start in the trades to gain hands-on experience.
  • Learn soft skills like people interaction, crucial for business ownership.
ANECDOTE

Early Career Path

  • Ken Haines began his career in the trades at 15, driven by an entrepreneurial spirit.
  • He started his own company at 19, later selling it and working for Roto-Rooter, gaining valuable experience.
ANECDOTE

Coolray Transformation

  • Ken Haines joined Blue Dot during industry consolidation, later acquiring Coolray, a struggling Atlanta-based HVAC company.
  • He transformed Coolray from a $5 million to a $65 million company over 12 years.
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