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239 - How to Become a Market Leader in Construction with Chad Prinkey
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Discover the habits and strategies that top contractors follow! Tune into our conversation with Chad Prinkey, CEO & Founder at Well Built Construction Consulting, and transform your business into a market leader.
Time Stamps
- 02:06 - Episode & Guest Intro
- 04:46 - Habits of Market Leaders
- 06:12 - Financial Management for Success
- 11:09 - People-First Culture
- 14:42 - Handling Cultural Misfits
- 18:21 - Elevating Your Team Practically
- 22:45 - Strategic Growth and Specialization
- 27:13 - The Importance of Specialization
- 31:38 - Training Programs for Hybrid Roles
- 32:07 - The Importance of Internal Training Programs
- 32:43 - Balancing Internal and External Training Resources
- 34:04 - Hiring for Talent and Training for Skills
- 36:38 - Extracting Knowledge from Key Employees
- 41:01 - Iterating and Improving Business Processes
- 44:41 - Mastering Internal Communication
- 47:10 - The Power of Effective Meetings
- 48:46 - Daily Huddles: A Game Changer
- 55:23 - Episode Recap
- 55:47 - More on Chad Prinkey
Snippets from the Chad Prinkey
- “As a general rule, they get to become market leaders by being people-first companies.”
- “The most obvious difference of market leaders is they have incredible handle on their finances.”
- “We do clearly need to meet. That's clearly a thing. What we don't need to do is sit in meetings beyond accomplishing those goals.”
- “ You're A players do not want to be on a C team.”
24 Things Construction Business Owners Need to Successfully Hire & Train an Executive Assistant
Resources
- Check out OpenPhone
- Build a Business that Runs without you. Explore our GrowthKits
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- Need Help with podcast production? We recommend Demandcast
More from Chad Prinkey
- Well Built Construction Consulting website
- Well Built Book
- The Morning Huddle Construction Show
- Chad Prinkey on LinkedIn
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