In this episode of The Friday Habit, host Mark Labriola II interviews Chad Prinkey, founder and CEO of Well Built Construction Consulting. They discuss Chad's journey from a successful corporate career to entrepreneurship, the challenges of building a scalable business, and the importance of leadership and culture in driving growth. Chad shares insights on competing on value rather than price, the mindset shifts necessary for long-term success, and key systems that can help construction businesses thrive. The conversation concludes with actionable takeaways for listeners looking to improve their own businesses.
🧠 Takeaways:
Chad Prinkey emphasizes the importance of building a strong company culture.
Growth can expose underlying issues in a business.
Leadership development is crucial for scaling a company.
Competing on value rather than price is essential for profitability.
Business owners should prioritize investing in their own companies.
Mindset shifts are necessary for long-term success.
Creating a three-year organizational chart can guide business growth.
Understanding financial health is critical before strategic planning.
Building a team of leaders at all levels is vital for success.
Continuous improvement and reinvestment in the business are key to sustainability.
Resources & Links:
Connect with Chad!
Website: www.wellbuiltconsulting.com
Download the free Friday Habit Guide: https://thefridayhabit.com
00:37 Welcome To The Friday Habit
01:24 Meet Chad Prinkey
03:03 Delicious Crabs
06:28 Chad's Background
08:13 Company Growth
09:59 Leaving Something Good For Something Better
14:46 The Difficulties Of Leaving Something Good
16:13 How Chad Helped A Company Grow From 300 to 3,000 Employees
18:31 Building Leaders That Scale
24:49 Advice For Leaders Playing The Long Game
29:47 When Should You Bring New Leaders?
32:46 Chad's Book WellBuilt
40:06 Take Action
42:13 Outro