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Andrew Kratz
Founding Partner, Triangle Rock Club
Andrew Kratz is the Founding Partner of Triangle Rock Club, a chain of indoor climbing gyms based in North Carolina. Here are some key details about him:
Professional Background
Andrew Kratz co-founded Triangle Rock Club in July 2007 and has been serving as a Founding Partner for over 16 years.1 Prior to starting the company, Kratz served in the United States Marine Corps for ten years, including six years in Force Recon.4
Entrepreneurial Journey
Kratz taught himself rock climbing from a book and fell in love with the sport.2 In 2006, he left his job at a Pennsylvania military academy and moved to Raleigh, North Carolina, with his family to pursue his vision of creating a better indoor climbing gym.2 He and his business partner, Luis Jauregui (another former Marine), bootstrapped the business, investing their own money and raising funds from family and friends.2
Business Growth
Under Kratz's leadership, Triangle Rock Club has experienced significant growth:
- The company has expanded to multiple locations, including Morrisville, Raleigh, Durham, and Fayetteville in North Carolina, as well as Richmond, Virginia.23
- Triangle Rock Club's revenue has grown an average of 36 percent annually for nine consecutive years.2
- The business has evolved to offer amenities and social activities beyond just climbing, appealing to a broader customer base.2
Education and Personal Details
Andrew Kratz attended Hargrave Military Academy.1 He is based in Raleigh, North Carolina, and has 186 connections on LinkedIn.1
Leadership Style
Kratz's military background has influenced his business approach. He likens developing a business strategy to creating a military patrol order, focusing on mission, execution, and resource allocation.2 His vision for Triangle Rock Club emphasized cleanliness, professionalism, and a welcoming atmosphere.2