Why Businesses Fail & How to Survive the Storm
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About this listen
Episode Title: Why Businesses Fail & How to Survive the Storm
Hosts: Parker Gammon & Bruce Gammon
Episode Number: 001
Release Date: March 10, 2025
Description: Welcome to The Marshmallow Podcast with Parker and Bruce Gammon! In this episode, we dive into the hard-hitting truths of why businesses fail and how to survive when everything seems to be crashing down. From personal experiences of running HVAC and electrical businesses to facing a million-dollar debt crisis, we share our journey of resilience, strategic decision-making, and the power of never giving up.
Topics include:
- What it means to be a "marshmallow eater" (from Be Like Amazon)
- The struggles of running a home services business
- Facing financial collapse and turning things around
- The importance of transparency with employees and customers
- How pricing, training, and marketing impact business success
- Learning from industry mentors and business books
- The value of relationships in business growth
- Bootstrapping your way out of failure
If you're a tradesperson, small business owner, or entrepreneur looking for real-world advice and inspiration, this episode is for you.
Resources Mentioned:
- Be Like Amazon – Roy H. Williams
- The E-Myth – Michael Gerber
- How to Own the Hearts of Money & Loyalty – Craig Arthur
- Advice from industry mentors like Al Levi, Ken Goodrich, Ellen Rohr
Follow & Connect: 🚀 Want to be part of the Marshmallow community? Join our upcoming Facebook group! (Details coming soon.)
💬 Have a question or feedback? Stay tuned for contact info in future episodes!
🔗 Share this episode with fellow business owners and let’s build a stronger industry together!