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Why Businesses Fail & How to Survive the Storm

Why Businesses Fail & How to Survive the Storm

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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!

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