The Mackle Family Evolution
Episode 754 | 02.07.24
From Generation to Generation:
The Evolution of the Mackle Family Business
In South Florida the Mackle family is know for building the famous “Mackle Houses” on Key Biscayne. Today they run their firm Worksite – a Professional Employer Organization.
We discuss the family’s history in South Florida, tips to help you run your business more efficiently with the Worksite suite of services and how their family made the successful transition.
AND:
I have been getting lots of calls from folks looking to:
- pay off high interest rate credit card bills,
- remodel your homestead or investment property,
- find money for unexpected expenses or
- to just have an emergency cash cushion
Call me for HELOCS, REVERSE MORTGAGE LOANS and now may be the time to take out REHAB LOAN on your homestead or investment property to upgrade it.
FLORIDA ONLY!
WE ARE EXPERTS
WE ARE HERE TO HELP
Listen today to learn more about how we are helping others solve their problems!
*************************************
About Our Guests:
John Mackle
John Mackle is CEO and Co-founder of Worksite, a leading professional employer organization (PEO) celebrating its tenth anniversary. Worksite is based in North Port, Florida, with offices in Miami. Worksite serves the South and Central Florida, Tampa, Orlando, and Jacksonville markets, but it also has clients throughout the country.
Founded in 2014, Worksite’s mission is to provide small- and medium-sized businesses with a simple, fully integrated solution to the increasingly complicated problem of having employees. This solution encompasses payroll, HR, benefits, workers’ compensation, and more.
Prior to Worksite, John served as Executive Vice President of Progressive Employer Management Company (now Coadvantage), one of the 10 largest PEOs in the United States, where he was responsible for managing the company through a restructuring and several large acquisitions.
Prior to PEMCO, John was President and CFO of MGM International, a multinational firm with 11 offices worldwide. MGM International is dedicated to creating and trading carbon credits on environmental exchanges. John led the company through several equity transactions, joint ventures, and business development initiatives, as well as an overall company reorganization.
In 2000 John helped launch LiveOps, a cloud-based virtual call center, which now hosts the largest at-home community of over 20,000 independent agents, answering over 100 MM calls per year. LiveOps has been featured in two New York Times Best-Selling business books, “Drive” and “The 4-Hour Workweek,” and has received over 80 mm in capital from Menlo Ventures and Benchmark Capital. In his four years as CFO and VP of Operations, John led the company through a period of explosive growth and set the company on a path to over $200 MM in revenue.
John began his career in business valuation, with PriceWaterhouse and Arthur Andersen.
John earned two undergraduate degrees from Notre Dame, as well as an MBA degree with honors from Vanderbilt University.
Frank Mackle III
Frank Mackle III is President and CEO of The Mackle Company, a holding company with investments in stocks, bonds, and real estate.
Frank served as President and CEO and Executive Vice President of The Mackle Company from 1986 to 2012. At the time, the Mackle Company was doing business as Avanti Products, the largest distributor of appliance products in the U.S., including refrigerators, freezers, wine coolers, ranges, air conditioners, and laundry products. Its retail partners included Best Buy, Target, and more than 300 other retail outlets.
He also served as President and COO, Executive Vice President, and DIrector of the Deltona Corporation, which was listed on the New York Stock Exchange. The company was founded by the Mackle brothers, including Frank Jr., Robert, and Elliott Mackle. The Deltona Corporation’s primary business was the sale of homes, condominiums, and home-sites in 10 master planned communities in Florida. The company was well-known for the Mackle family standards of quality and customer satisfaction, which continues in its businesses to this day. At the time (1975-1986), the Deltona Corporation had approximately 2,500 employees and a salesforce of more than 1,000 sales representatives in approximately 100 offices worldwide.
The Deltona Corporation sold approximately 8,000 homes and condominiums, developed more than 1,000 miles of roads, expanded nine utility systems, operated nine golf and country clubs, as well as a regional lumber company. The company also directed the design, permitting, and sale of Tampa Palms, a 5,000-acre community.
Additionally, the Deltona Corporation oversaw a massive customer service effort to resolve more than 100 million dollars of purchaser claims, as well as numerous lawsuits and regulatory issues stemming out of the Corps of Engineers 1976 denial of dredging permits on Marco Island. At the time, Frank successfully navigated the company and redirected it from installment land sales to homes and condominiums as the primary revenue and profit source of the company.
Frank also directed the private and public financing of the company, bringing in a major partner who invested more than 30 million dollars into the company, and he later successfully defended the company from a hostile takeover.
In 1985, Frank negotiated the sale of controlling interest in Deltona to Minnesota Power Corp., and he continued to serve as a director of The Deltona Corporation until 1986.
From 1972 to 1975, Frank served as Senior Vice President and Vice President of Construction and Development for The Deltona Corporation, where he was responsible for home construction, condominium construction, road building, earthmoving, shopping center construction, dredge and fill operations, seawall production, among other activities. At the time, the annual volume of work was in excess of 40 million dollars.
Frank earned his Bachelor’s degree with a major in Civil Engineering from The University of Notre Dame.
Frank has an extensive philanthropic background including: Boystown of Florida; Hurricane Andrew Relief Effort; ICARE Bay Point School; Christmas in April – USA (now Rebuilding Together); Christmas in April – Greater Miami, and The Marian Center.