The Heat Pump Podcast Amply

In this episode of the Heat Pump Podcast, Laura and Joe Wood tell the story of how they went from one person in 2008 to over a hundred 14 years later and a successful exit to private equity. When they finished, they had not one but two premier HVAC brands in the competitive Boston market.


They founded Boston Standard in 2007-2008 to be a standard-setting plumbing + HVAC + electrical brand, and they achieved that. Then, while traveling abroad, they realized that the rest of the world uses heat pumps to provide both heating and cooling. To capitalize on that untapped heat pump opportunity, they founded New England Ductless as a completely separate entity. It was a remarkable experiment that paid off. 


Laura and Joe have unique insights from their experience, having personally managed a traditional HVAC business side-by-side with a heat pump-focused business. Their lessons about the differences between these two companies are essential to anyone building a heat pump business and to anyone looking to grow and scale to 100+ employees. 

In this episode of the Heat Pump Podcast, Ed interviews Mike Cappuccio, founder and former CEO of N.E.T.R., one of New England's largest heat pump HVAC contractors, and owner of Dominate Ductless, a training and advisory business focused on educating the next generation of heat pump contractors to build profitable businesses. 


Mike describes his journey from employee to entrepreneur, as well as his journey form commercial trucking refrigeration into residential HVAC. In making that transition, Mike went from profitable to unprofitable. That caused him to look long and hard at his business to figure out what had changed and what was wrong. 


While squinting at his business, he found ductless heat pumps while at a Mitsubishi seminar, saw the beauty and profitability of a heat pump-focused operation, and set about revamping his entire business model. The success of that model is what led Mike to found Dominate Ductless -- so he could share those valuable learnings with other heat pump entrepreneurs. Mike shares some of his most important insights from his Dominate Ductless seminars, which are valuable to anyone trying to build a heat pump-focused business. 

In this first episode of the Heat Pump Podcast, Eric Fitz and Ed Smith interview Matt Scott, one of the co-owners of Dave's World. Dave's World is the largest heat pump installer in Maine, which has more cold weather heat pumps installed per capita than any other state in the US. 


Matt tells the remarkable story of how he first stumbled upon the magic of heat pumps, against the odds and against the advice of a distributor. From there, he describes the entrepreneurial journey he and his partners, Dan and Bob, went on to transform Dave's World from a small appliance store in Dover-Foxcroft to one of the largest heat pump-focused businesses in the country.


Matt discusses the challenges they faced, how they overcame them, and some of the special sauce that makes Dave's World a magical place for both their customers and employees. 






Show notes


Dave's World websiteThink and Grow Rich by Napoleon HillThe Upside of Fear and The Power of Consistency by Weldon Long