Influential Woman · Construction
Denice Hopf
Vice President COO, Triton Caulking and Waterproofing
Wpb, FL
Her Story
About Denice
I started my career in healthcare administration after earning my master's in finance. I worked for a number of publicly traded healthcare companies in high-level roles, and my career culminated working for Envision Healthcare in KKR as the Vice President of Operations, where I had almost a thousand people working underneath me. When I had my first child in 2019, I realized I didn't want to be away from my children in airports and Hiltons overnight due to all the travel my role required. I started brainstorming with people in other industries, and my husband, who works in construction, recognized that there was a tremendous gap for small trade companies like waterproofing, HVAC, plumbing, and electrical, as private equity companies were trying to buy them out. With my background in growth and private equity, we opened a waterproofing company about 5 years ago. I became the Vice President and COO, and my husband joined as president 2 years ago once we were doing enough business to sustain his salary. Today I run all the numbers, manage our staff of about 50 people, oversee finance, marketing, HR, and operations teams, and visit 2-3 job sites every other day. Our mission is to redefine waterproofing by bringing better operational standards and culture to an industry that's typically poorly operationalized and full of yelling. We're on track to do about $10 million in revenue this year, and our goal is to sell the company to private equity within the next 4 years.
Her Interview
Ten minutes with Denice
01What do you attribute your success to?
I definitely had a lot of good help in terms of financial backing and support from my parents to start, but I think in the end, a lot of it comes from within. You either have the drive to do it, or you don't. While I needed the schooling to get hired for the big corporate jobs, it was really the hands-on professional experience that gave me the expertise I needed, not the schooling. And entrepreneurship is something that nobody can teach you - it's a whole different animal because you are truly the one making all the decisions.
02What’s the best career advice you’ve ever received?
Everybody can tell you why not to do something, but very few people can tell you how to really do it. Don't let other people's doubts stop you from pursuing what you want to achieve.
03What advice would you give to young women entering your industry?
I would say that construction is male-dominated, but don't let that be the reason why you can't succeed. If anything, let it be all the more of a challenge for you. I specifically work in a very male-dominated field now, and I learned a lot early on from watching female mentors like Chris Weinstein, who was a female vice president of mine when I was a director. I really liked the way she conducted herself in a male-dominated field, and I watched her demeanor and learned from her.
04What are the biggest challenges or opportunities in your field right now?
One of the biggest challenges in construction is that it's typically poorly operationalized - there's lots of yelling and lack of professional management. That's actually the opportunity we're pursuing: to redefine waterproofing by developing KPIs, creating a better culture, and producing better work products through professional operational standards. Another challenge specific to waterproofing is that you're dependent on what the general contractor is doing - you don't get to choose what the pathway looks like, you have to wait until that trade is ready. The big opportunity for us is that private equity companies are trying to buy out small trade companies like waterproofing, HVAC, plumbing, and electrical, and our goal is to sell our company to private equity within the next 4 years.
05What values are most important to you in your work and personal life?
Having free time is extremely valuable to me. As I've got young children who are only young for a small period of time, being able to choose when I take calls and where I get to be at what time is incredibly important. That's limited sometimes in entrepreneurship, but generally not as much as corporate life. I left my corporate role at Envision Healthcare specifically because I realized I didn't want to be away from my children in airports and Hiltons overnight. The ability to work from home and have flexibility while still running a successful business has been life-changing - honestly, I don't know why I wasted so much time working for corporate, though it did give me the degrees and skills I needed.
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