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Name: Fred Thompson

Title/Position: CEO

Company: American Leak Detection

Business Description:

Chapter: Dallas

 

Please inquire with The CEO Clubs for member contact information.

 

Website: http://alddfw.com

 

Bio:

Born in Shreveport, La on January 22, 1949 and lived there thru high school, graduating in 1966. Attended La Tech in Ruston, La for 2 years then joined the Navy. Spent 3 years on board ships home ported out of Yokosuka, Japan, firing support for ground troops in Viet Nam and visiting ports all over the Pacific.

After a brief return to Shreveport, moved to Denver, Co in 1971 where I met my wife, Char, and raised our daughter, Leslie. Pursued several careers in Denver, primarily sales in nature with the longest stint and most successful being in school fundraising. Also during this time, I attended night classes at Metropolitan State College off and on for about 9 years, graduating in 1984 with a BS in Management. Char and I decided to try being our own boss and, in 1994, bought an American Leak Detection franchise back in Shreveport, La where we serviced N. La and E. Texas. We developed this territory from scratch and peaked at $400,000 in gross revenues before falling back to $250,000 due to changes in homeowner insurance policies. We felt limited by this territory, so in 2004, we purchased the Ft Worth, Tx territory for American Leak Detection. This territory had some business, but had not been developed seriously. We took it over and produced about $250,000 in 2005 then doubled to $500,000 in 2006. We would like to be doing $1,000,000 in 3 years and $2,000,000 in 10 years. I am transitioning from primarily field production to managing more from the office. This is new to me and I am hoping to glean help from CEO Club members on where my focus needs to be.

We now have a 5 yr old grandson in Colorado Springs and spend most of our spare time running trails and ultramarathons.