The Well Built Podcast

Chad Prinkey

Hosted by Chad Prinkey and Matt Verderamo, The Well Built Podcast delivers unfiltered, high-impact conversations on the most pressing topics in the construction industry. From leadership and business strategy to estimating, hiring, firing, bidding, preconstruction, and relationship management—Chad and Matt bring you practical insights and hard-won lessons from decades of experience. Whether you're a seasoned executive or an emerging leader, this podcast will equip you with the knowledge you need to overcome challenges and drive success.

  1. APR 24

    Why Traditional Business Sales Are Losing to ESOPs—The Surprising Advantages Explained

    Most construction business owners overlook the transformative power of ESOPs—not just as an exit strategy, but as a way to build legacy, boost employee retention, and unlock significant tax benefits. Imagine transferring ownership with zero upfront cost, while creating a more loyal, motivated workforce that helps your company thrive long after you’re gone. The secret? ESOPs are often called the Swiss Army knife of exit plans—and for good reason.In this episode, Chad Prinkey sits down with financial expert Roger Feldman of UBS and ESOP strategist Ethan Stambler to reveal how ESOPs work and why they might be the ideal solution for your construction firm’s succession plan. You’ll discover: how ESOPs can defer or eliminate capital gains taxes, offering owners a more profitable exit; the unique governance and control structures that let you stay in charge long-term; and practical insights into valuation, financing, and how to set up your company for success.You’ll also learn why ESOPs are especially effective for service contractors with recurring revenue streams, and how they help address labor shortages by improving employee retention and workplace safety—turning your team into true owners. Plus, get behind-the-scenes tips on valuation negotiation, timeline expectations, and how an ESOP can be structured to match your legacy goals—whether you want to gradually step away or pass down your hard-earned company intact.But beware—an ESOP isn’t right for every business. If your goals include a quick exit, or if your company doesn’t meet size or profitability thresholds, other options might be better suited. Still, if positive cash flow, a strong culture, and a desire to protect your legacy are high on your list, this episode is your blueprint for a future-proof exit.Perfect for construction owners considering succession, long-term leaders seeking stability, and advisors wanting to unlock hidden value—this episode could redefine your approach to ownership transition. The insights and strategies shared here are the keys to turning your business into a legacy that lasts—while optimizing tax benefits and employee engagement.Guest credibility:Roger Feldman is a seasoned financial advisor at UBS, specializing in succession planning for construction firms since the 1990s. Ethan Stambler is a senior vice president at SES ESOP Strategies, with deep expertise in structuring employee ownership plans that align financial and personal goals.

    55 min

  2. APR 10

    2% Decoded - Why Listening to Your Gut Can Lead to Business Breakthroughs

    Most entrepreneurs and business owners face moments of doubt, sleepless nights, and seemingly insurmountable challenges. But what if those hardships are actually signs you're on the verge of your next breakthrough? Adam Petrie, a true embodiment of grit and resilience in the construction industry, shares the raw truth behind building a $50M company from scratch—starting with a truck crash on day one. In this episode, Adam reveals how his upbringing, driven by relentless hard work and family values, shaped his entrepreneurial spirit. You'll discover the importance of listening to your gut during tough moments, the power of resilience when facing setbacks, and the critical shift from relentless hustle to intentional leadership. Adam opens up about pivotal moments—like his first day on a snowy roof, running into a tree—and how those lessons define his relentless pursuit of excellence. We break down: How Adam’s childhood stories fuel his daily drive and leadership styleThe mindset shift necessary to move from surviving to thriving in businessThe role of dissatisfaction as a catalyst for growth and breakthroughPractical advice for entrepreneurs feeling stuck or overwhelmedWhy embracing failure and setbacks is essential for long-term successThis episode is perfect for founders, contractors, and ambitious leaders who want to harness every challenge as a stepping stone. If you're ready to push through the fears, setbacks, and sleepless nights—and emerge stronger on the other side—this conversation is your blueprint. Adam Petrie is the CEO of Petrie Construction, a nationwide commercial builder known for his relentless work ethic and strategic mindset. His story proves that with heart, humility, and resilience, you can scale any mountain—and perhaps crash into a few trees along the way. Don't miss these game-changing lessons that could redefine your approach to growth and success. Whether you're in the thick of a tough patch or simply seeking motivation, this episode will inspire you to keep building—better and stronger—every single day.

    37 min

  3. MAR 20

    Why Ambitious Contractors Are Focusing on Data, Culture, and Clear Goals for Massive Growth

    Most contractors believe larger scale projects are the only path to growth — but Chris Ball reveals how focusing on smaller jobs, strategic data, and organizational clarity catapulted John W. McDougall into the top 2% of contractors nationwide. This is the inside story of turning chaos into a highly aligned, culture-driven empire.Discover how Chris’ relentless pursuit of organizational visibility and a culture of accountability have transformed his company’s performance. He shares practical frameworks for building effective systems, creating high-trust teams, and setting ambitious, achievable goals that inspire every employee to win together.You'll learn: • How to leverage data as a tool for objective leadership and unstoppable accountability • The domino effect of small wins—like monthly cake days—that build company culture and employee loyalty • The role of process and clear communication in generating high margins and consistent growth • How to foster organizational alignment when rapid growth introduces chaos • Why the right leadership mindset—relentless, flexible, and data-driven—can unlock new levels of performanceWhy does this episode matter? Because, without clear visibility and a unified team, even the most talented contractors hit a ceiling. Chris shows how mastering organizational alignment not only drives profit but also creates a resilient culture that can scale sustainably. Whether you're leading a small firm or aiming for multi-million-dollar projects, this conversation arms you with proven tactics to turn your business into a high-performance powerhouse.Perfect for: construction and contracting entrepreneurs hungry to accelerate growth, improve margins, and cultivate a winning culture. Tune in to unlock the secrets of industry leaders who are redefining what’s possible in their companies—and learn how to do the same.Chris Ball is COO at John W. McDougall, a Nashville-based exterior contractor known for iconic projects like the Epcot ball and Titan Stadium. His relentless focus on data, culture, and process has fueled his company's impressive growth and operational excellence.

    44 min

  4. MAR 9

    The Pillars of a High-Performance Culture

    In this engaging conversation, Chad Prinkey and Matt Verderamo explore the critical role of company culture, leadership, and the balance between people and profit. They share practical insights on building intentional culture, the importance of leadership accountability, and strategies for organizational growth.key topics The importance of intentional culture and how to craft itLeadership's role in shaping and protecting cultureThe impact of accountability and behavior on organizational resultsStrategies for removing culture blockers and bad fitsThe relationship between culture, profit, and employee happiness

    1h 5m

  5. FEB 11

    The Impact of Immigration on the Construction Industry

    In this episode of the Well Built podcast, Chad Prinkey and Matt Verderamo discuss the complexities of immigration law as it pertains to the construction industry with expert Jon Veely. The conversation covers the current state of immigration enforcement, the challenges contractors face in hiring legal workers, and the various visa options available. Jon emphasizes the importance of compliance and the need for a cultural shift in how immigration is viewed. The discussion also touches on the political climate surrounding immigration and the potential for long-term solutions to address workforce shortages in the construction sector.

    46 min

  6. JAN 20

    Resource Planning for Cutting Edge Construction Companies

    Summary In this episode of the Well Built Podcast, Chad Prinkey interviews Russell Tipton and Patrick Hennessy, the creators of TeamWeave, a resource planning software designed for the construction industry. They discuss the origins of TeamWeave, the challenges faced in resource management, and the transition from traditional methods to a software solution. The conversation highlights the importance of understanding capacity, time tracking, and the unique position of TeamWeave as an employee-owned company that fosters innovation. The episode concludes with insights into the future of TeamWeave and its potential impact on the construction industry.

    46 min

  7. JAN 8

    Breaking Through Leadership Bottlenecks

    In this engaging conversation, Chad Prinkey and Matt Verderamo explore the concept of leadership bottlenecks and their impact on business growth. They discuss the importance of delegation, creating a culture of empowerment, and the role of owners in fostering or hindering progress. The conversation also touches on the benefits of design build and design assist in the construction industry, emphasizing the need for strong partnerships and understanding market dynamics. As they reflect on the New Year, they encourage listeners to embrace change and focus on professional development.

    1h 11m

  8. 12/03/2025

    What's Ahead for Construction in 2026?

    In this engaging conversation, Chad Prinkey and Matt Verderamo explore a variety of topics ranging from a light-hearted debate about AirPod usage to serious discussions about the future of the construction industry. They delve into strategic planning insights, workforce trends, and the importance of data and technology in support work. The conversation is punctuated with sports banter and personal anecdotes, creating a dynamic and informative dialogue that emphasizes optimism and opportunity in the construction sector as it heads into 2026. Using both AirPods enhances awareness during calls.The Ravens' win streak is a point of pride.Strategic planning retreats can foster team cohesion.2026 is expected to bring growth in construction starts.Companies should focus on relationship-building in procurement.Workforce development is crucial for middle management.Data management is becoming a key asset for construction firms.Investing in technology can streamline operations.The construction industry is evolving towards design-build methods.Optimism is essential for navigating industry challenges.The AirPod Dilemma: Which Ear Wins?Sports Rivalry: Ravens vs. Steelers"The Ravens are on a five game win streak!""I'm ready for an actual losing season.""The value of relationships will be greater." Chapters 00:00AirPod Debate: The Great Call Conundrum 03:53Sports Talk: Ravens, Steelers, and Football Frustrations 05:45Strategic Planning: Insights from Recent Retreats 12:50Construction Industry Trends: Looking Ahead to 2026 27:44Get Work: Evolving Strategies in Construction 36:42Do Work: Workforce Trends and Development 43:36Support Work: The Role of Data and Technology 49:43Closing Thoughts: Optimism and Future Opportunities

    1h 3m
See All (16)

About

Hosted by Chad Prinkey and Matt Verderamo, The Well Built Podcast delivers unfiltered, high-impact conversations on the most pressing topics in the construction industry. From leadership and business strategy to estimating, hiring, firing, bidding, preconstruction, and relationship management—Chad and Matt bring you practical insights and hard-won lessons from decades of experience. Whether you're a seasoned executive or an emerging leader, this podcast will equip you with the knowledge you need to overcome challenges and drive success.

Information

  • Creator
    Chad Prinkey
  • Years Active
    2025 - 2026
  • Episodes
    16
  • Rating
    Explicit
  • Copyright
    © Chad Prinkey
  • Show Website
    The Well Built Podcast

You Might Also Like