239- How to Become a Market Leader in Construction with Chad Prinkey
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
Check out OpenPhone
Build a Business that runs without you. Explore our GrowthKits
Need Marketing Help? We Recommend Benali
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
More from Martin
More from Khalil
More from The Cashflow Contractor
Subscribe to our Newsletter
Subscribe to our YouTube channel
Follow On Social: LinkedIn, Facebook, Instagram, X(formerly Twitter)
Visit our website
Email The Cashflow Contractor