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Home-TechBy: Editorial StaffAll That and the Kitchen Sink |
By Jennifer Workman
The history of Home-Tech reads a bit like a legend from an
earlier time. The tale goes something like this: “Once upon a time, a young man
and his family moved to a land of opportunity. In this new land, they created a
business. They were patient and worked very hard. Soon, their hard work reaped
rewards. The business began to grow and grow and grow. Perhaps even more than
the man had ever imagined. Before long, the business had expanded throughout
the new land. As time passed, he was able to share his good fortune with his
employees. And everyone lived happily every after. The end.”
While no business story really reads just like a legend, the
Home-Tech story does come very close.
It was in 1980 that Steve Marino moved from Cleveland to
South Fort Myers. He’d come here on vacation and decided this would be a better
place to live. He brought with him his family and the air conditioning and
major appliance service training he’d received and set out to start a new life.
He put his training to work beginning in August 1981 when he and his wife
Sharon established Home-Tech. They operated the business from a back bedroom in
their San Carlos Park Home. He was the technician, she the dispatcher.
Today, the company employs 106 full-time people. It operates
in five Southwest Florida counties — Lee, Collier, Charlotte, Sarasota, and
Manatee — and has offices in Lee, Sarasota, and Collier. The company, which
Marino says is the area’s largest provider of home service agreements, provides
air conditioning service and installations, major appliance service and sales,
plumbing service and sales, and electrical service and sales. Basically, if you
need a service, a part, or even a refrigerator, Home-Tech can provide it. And,
Marino has equipped the business with an apprenticeship program and a training
facility. The training room features every imaginable home appliance, including
the kitchen sink. It has an outdoor and an indoor air conditioning unit simulator
that can simulate 18 different problems. Marino, with the help of one other
person, spent eight months building the simulator. “Most companies don’t put
time, effort, and money into training,” he says explaining that he feels
training is crucial to providing quality service.
Along with the in-house training and current services, new
services are on the way, as is a new headquarters building. But, that’s just
the service side of the business. Home-Tech also has its own art department
that produces a quarterly newsletter for customers and has developed a
federally registered trademark — Techster, a cartoon technician — that appears
in the newsletter. In addition to the newsletter, the art department does the
lay out and development of the Home-Tech ads. The art department is
complemented by a mail room that can easily handle direct mailings.
The company, it seems, is growing like a magic beanstalk and
Marino, though he says he never expected such a success, thinks he knows why
his business sprouted so well.
According to Marino, the first step to business success is a
good business plan. He says the Home-Tech plan is very practical. “It’s not
dreamy ... not a fantasy,” he says.
Once your plan is in place, Marino explains that you must
believe that, with your practical plan, you can succeed. “You have to believe
in what you’re doing and believe in the people doing it for you,” he says.
Marino clearly believes in his employees. In fact, since
1995 he’s given them ownership of the company. Home-Tech is a true
employee-owned company and is run by a board of directors made up of seven
stockholders. Marino says much of the success comes from the fact that the
owners are the ones providing service to the company. Because they have
ownership in the company, they have a vested interest in seeing it succeed.
“It’s such a simple principle that most business owners overlook,” says Marino
who describes himself as very detail-oriented. “Ultimately, if you own it,
you’ll take better care of it.”
It is a principle that Marino, as the company founder, takes
to heart, and has incorporated in the company philosophy: “Providing quality
service is a matter of attitude and training.” He says that nothing creates a
greater positive attitude in people than does accomplishment and building
success.
Most business owners, explains Marino, don’t want to share
ownership of their companies. But, he says giving ownership to employees is the
best way, with good salaries and benefits, to keep the best employees. “It is
the highest form of compensation and you get the best results,” he says.
The way it works at Home-Tech is simple. To earn ownership,
you must be with the company for at least three years. Stock is awarded in
varying quantities based on performance and position. There is seniority stock
that is earned when you reach four, five, seven and ten years with the company.
Then there is position stock that you earn if you reach upper-management levels
with the company. And, because the dividends are paid quarterly, it makes for a
nice bonus.
In addition to the stock, the salaries, says Marino, are at
the high end of the industry scale. There are also annual company trips,
cruises and formal Christmas parties where employees receive pins and awards
for service.
Running the company this way is an investment and that is
reflected in the Home-Tech rates, but Marino believes the customers think it’s
worth it because it brings them a higher level of service. “We’re not the
cheapest service in town,” says Marino. “We never have been. We charge what we
need to charge to pay people what they deserve and to make a modest profit.”
Marino’s philosophy must be right because the company, which
has kept a number of customers since opening in 1981, has been steadily growing
since the beginning when Marino had a second job delivering newspapers to make
ends meat. Home-Tech hired it’s first employee and then moved into its first
building, and current location on U.S. 41, in 1983. In 1988 the company opened
a Naples office. Service expanded to Port Charlotte in 1991 and Sarasota in
1992. Next year, the company will celebrate its 20th anniversary. And, this
year, the growth continues as construction begins on a new 52,000 square-foot
regional office building in South Fort Myers. The new building will be right at
home on the corner of Plantation Road and Daniels Parkway on Techster
Boulevard.
Marino is obviously very proud of his business, but he’s
also careful not to let his pride get the best of him. “I want the company to
be well-known,” he says. “But I don’t feel comfortable flaunting the success.
Being too full of yourself is the beginning of the end,” he says. Marino says
that company owners and founders who get too full of themselves and think they
can do no wrong begin making mistakes and end up losing the company.
“Successful companies have a way of self-destructing after a period of time,
and I want to make sure this company doesn’t.”
Marino and the Home-Tech board have gone to great lengths to
protect the company’s longevity and commitment to service. The company remains
the largest independent home-service business in the area, says Marino, because
the board refused to sell to a large consolidator. Marino said the board felt
it was important for the company decisions to be made locally. With a young management
staff and plans to expand services, it looks like Home-Tech has a good chance
of being around for at least another 20 years.
As for Marino, even though some of the long-standing
customers still ask for him, he’s retired from the road and doesn’t make
service calls anymore. He spends most of his time on the operations end of the
business. Sharon retired last year and her bookkeeping and records position was
filled by one of the couples’ two daughters, Sonya, who was a CPA at a big six
accounting firm, but decided she’d be happier at home in the family business.
Marino’s glad to have her and says it’s always good to have family around him,
a belief that’s illustrated by the collection of family pictures hanging in his
office.
While sitting at his desk in his carefully decorated office,
Marino says he never really expected to be where he is today. “I don’t really
think you start out intending for your company to be so big ... it was always
one step at a time,” he says. Behind him on the wall hangs a framed excerpt
from a Crosby, Stills, and Nash song that reads, “Just a song before I go, a
lesson to be learned, travel twice the speed of sound, it’s easy to get
burned.”
Marino must be traveling at just the right pace.