Episode 444: Why 96% of Businesses Fail and How Franchises Beat the Odds with Steven Montgomery

Most businesses fail—but why? And more importantly, how can you beat the odds? In this episode of The Above The Business Podcast, Bradley sits down with Steven Montgomery, the Founder and CEO of ResiBrands, to explore what separates successful businesses from those that don’t make it.

Steven shares his journey from dropping out of college to building a $100M home service franchise empire. He reveals why so many entrepreneurs struggle to get their businesses off the ground and how franchises offer a proven system for success. Through brands like That 1 Painter, GarageUp, and Varsity Exteriors, Steven is leading a blue-collar revolution—bringing dignity, innovation, and excellence to the trades.

He also discusses his recent partnership with Codie Sanchez, his passion for turning "want-repreneurs" into entrepreneurs, and what it takes to scale a business while maintaining quality. If you’ve ever wondered what it takes to build a thriving company that stands the test of time, this episode is a must-listen.

What You’ll Learn in This Episode:

✅ Why 96% of businesses fail—and the key mistakes to avoid.

✅ How franchises provide a structured path to business success.

✅ The story behind ResiBrands and its rapid growth.

✅ Why the trades industry is ripe for disruption and opportunity.

✅ The mindset shift from being an employee to an entrepreneur.

✅ How to go from 0 to 1 and take the first step in business.

Connect with Steven Montgomery:

🔗 ResiBrands Website: https://www.resibrands.com/

🔗 Steven Montgomery on LinkedIn: https://www.linkedin.com/in/steven-montgomery-7a452846/

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