DIG Insurance & Business Magazine Fall 2019 | Page 6

trades. This is how Pino developed a deep understanding of the business. During college, he was preparing estimates and selling work. And after graduating in 2007, he joined the family operation full-time in management. One part of their strategy involves moving Pino’s mother out of her role of managing the financials. “We’ve hired people to help take some of that workload off of my mom, and she has started to take a step back,” Pino says. They began to fine-tune the operation, focusing more on water mitigation and commercial projects. Today, 80 percent of their work is commercial, and they have 20 employees on staff. Joe Sr. is still very involved and generally oversees the residential projects. “He has let go of a lot of responsibilities, but at the same time, he likes to be very hands-on with his projects,” Pino says. “I feel like some parents who own family businesses immediately put their kids into management positions, but that’s not how we did it,” Pino says. “My dad didn’t want me to start doing management work until I really understood and experienced the field work.” AN ORGANIC TRANSITION Business perpetuation has been gradual and intentional. “My dad and I have always had a great relationship, and he’s been very patient with me, teaching me how to run the business,” Pino says. He feels the process has evolved naturally as his skill sets have developed. He and his father diversified the business and developed areas of concentration that each enjoys. For example, Pino prefers the commercial accounts while his father enjoys residential work—such as restoration after a large house fire. “If we have a problem on a job site or with a customer, we talk to each other about it,” Pino says. “We haven’t had a formal [succession] plan, but it’s more of an organic thing,” Pino says. 6 BUT GROWING ALSO REQUIRES ATTENTION TO DETAIL SO QUALITY DOESN’T FALTER... “Dad is more of a Type-A personality. I’m definitely a Type B,” Pino says. Because of this, he finds it easier to delegate tasks. “That’s something you really need to do in order to grow.” But growing also requires attention to detail so quality doesn’t falter, and that’s where the Type A comes in. “He has taught me to be more hands-on and focused on quality control,” Pino says. “We still work together and bounce ideas off of each other,” Pino adds. RESPECTING THE LEGACY Pino feels there’s a mutual respect that’s important when transitioning a family business. “The person coming into the business needs to value the person who built the business and the work they put into it—it’s their baby,” he says. While Joe Sr. is at “retirement age,” he still enjoys his time working closely with customers, so the transition is happening naturally. “I know my dad will always want to be involved to an extent,” Pino says. “And I am looking forward to getting the business to a point where it's a well-oiled machine and I can be there to oversee quality and focus on big-picture planning.” DIVIDE AND PERPETUATE Bill Gibbs grew up in Ocean City, working as a beach boy for Breakers Hotel on the boardwalk. Every day, visitors asked him where they could grab lunch—there really wasn’t a casual spot for families near the hotel. “I always loved the pizza business,” Gibbs says. So, after coming home from college, a 22-year old Gibbs opened a boardwalk pizza shack. “I was very aggressive,” he says, sharing his love for meeting and talking with people while rolling dough, serving up pizzas, sodas, and beer. He worked this way for eight years, until 1979 when he had an opportunity to buy the Breakers Hotel. “I knew it would be a perfect place for a family-friendly restaurant,” he says,