Nick Peragine: PeragineMillwork

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“ I loved seeing the end product. Everything was always every job was new, every challenge was new. It just keeps you going, you know, and one day I get to that spot where we can be so good. “



-Nick Peragine



Welcome to a brand-new episode of the Woodpreneur Podcast. Today, your host Steve Larosiliere is joined by Nick Peragine from PeragineMillwork, a high-end millwork company based in the Hamptons of New York. Join us as we explore Nick's story, his business strategies, and the challenges he faced in the woodworking industry.



Nick shares his journey into the woodworking industry, starting from working in a tool store to eventually founding Paragenie Millwork.

The challenges of breaking into the high-end millwork market and the company's focus on custom veneer work, inset cabinetry, and high-end finishes.



Listen now and get the whole story!



“I must have been 17 or 16 years old. And I remember saying, How am I going to do this for my family? How are we going to go on vacation? Yeah. How am I going to do this? You know what I mean? And it's like, how do you do this? And, and that stuck in my head”

-Nick Peragine



Growth and Challenges:



Nick reflects on the struggles of the early years and the decision to go out on his own.

The importance of perseverance and the passion for seeing the end product as driving forces in overcoming challenges.



Building a Team:



Nick discusses the growth of Paragenie Millwork, highlighting the key roles in his team, including cabinet makers, finishers, managers, draftsmen, bookkeepers, and installers.

The challenges of managing a growing team and the recent decision to hire department managers to enhance efficiency.

Investments in Leadership:



The role of leadership in the woodworking business and Nick's insights gained from books, particularly those by Navy SEALs.

The shift from reactive approaches, such as yelling, to proactive problem-solving and effective leadership strategies.

Strategies for Success:



Nick emphasizes the importance of focusing on quality over volume, debunking the myth that volume alone leads to success.

The significance of word-of-mouth referrals, repeat clients, and relationships with architects and builders in sustaining the business.

Looking to the Future:



Nick discusses his vision for the future, considering the possibility of selling the business or finding a successor within the company.

The importance of attracting and retaining talent as a crucial aspect of business growth.

Advice for Starters:



Nick offers valuable advice for those entering the woodworking industry, emphasizing the importance of tracking labor, time, and job costs to ensure profitability.

The challenge of accurately assessing costs in a business that involves bulk purchases and the need for diligence in tracking expenses.





Want to get in touch with Nick Peragine?



Contact him through:

Instagram: https://www.instagram.com/peraginemillwork/

Website: https://www.peraginemillwork.com/