{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Friday Habit ","title":"Compete On Value, Not Price","html":"","width":"100%","height":180,"duration":2607,"description":"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.comDownload the free Friday Habit Guide: https://thefridayhabit.com00:37 Welcome To The Friday Habit01:24 Meet Chad Prinkey03:03 Delicious Crabs06:28 Chad's Background08:13 Company Growth 09:59 Leaving Something Good For Something Better14:46 The Difficulties Of Leaving Something Good 16:13 How Chad Helped A Company Grow From 300 to 3,000 Employees18:31 Building Leaders That Scale 24:49 Advice For Leaders Playing The Long Game29:47 When Should You Bring New Leaders?32:46 Chad's Book WellBuilt40:06 Take Action42:13 Outro","thumbnail_url":"https://img.transistorcdn.com/GREOltxSMn0aaPeI2vHb6SFIwCm4IF7QDVHv1OZur3M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81YWU1/ODlkMDNkMWVlZTI4/YWZiMTBjMDUxYjQ3/ZDg4NC5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}