How I Built An 8-Figure Business From My Garage

The EntreLeadership Podcast

Ramsey Network

Entrepreneurship, Business, Management

4.7 • 4.1K Ratings

🗓️ 28 July 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today we’ll hear about: · How Montana Knife Company grew from a passion project in one man’s garage into a coveted American brand—and the lessons its founder, Josh Smith, learned along the way Next Steps: · 📞 Have a question for the show? Call 844-944-1070 or send us a message: https://ter.li/ask-us · 📚 Learn about the EntreLeadership System: https://ter.li/system-p · 💻 Get EntreLeadership Elite for your business: https://ter.li/elite-p · ✉️ Sign up to receive tactical tools, advice and resources in your inbox every week: https://ter.li/enl · 🏢 Attend EntreLeadership Summit: https://ter.li/summit · 🎤 Attend EntreLeadership Master Series: https://ter.li/masterseries · 📖 Order Dave’s new book, Build a Business You Love: https://ter.li/b4kru2 · 📺 Watch a free sample talk today: https://ter.li/om7p3e · 🔪 Learn more about Montana Knife Company: https://www.montanaknifecompany.com/ Connect With Our Sponsors: 💼 Go to Belay Solutions or text ENTRE to 55123 for their free resource! 💻 Visit NetSuite today to learn more. 🧾 Visit Payority for a free consultation! 📈 Grab ⁠Sales Gravy's⁠ free resource to help you hire and lead better. 📝 Use code ENTRE15 to get 15% off your first year of Trainual. Listen to More From Ramsey Network: 🪑 Front Row Seat with Ken Coleman 🎙️ The Ramsey Show 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show💰 George Kamel Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I quit my job January 1st of 2021.
0:08.0	And we told the insurance company that year, our goal is $100,000.
0:11.6	And we ended up doing $1.9 million.
0:14.4	And you're getting ready to hit the $60 million.
0:16.5	Well, that's the goal.
0:18.6	Today you've got 80 folks.
0:20.7	Yeah, we have 80 employees.
0:22.1	We're building a 51,000 square foot facility on a piece of commercial property.
0:26.3	What is the appeal?
0:27.2	Why has it blown up?
0:29.0	We are evidence that people still desire American-made products,
0:33.8	and they want companies that are doing things the right way.
0:40.5	From the headquarters of Ramsey Solutions, this is the Entree Leadership Podcast.
0:45.5	I'm Dave Ramsey, your host with over 30 years of experience in leading just like you.
0:51.6	I'm down in the trenches, shoveling just like you are.
0:53.5	I actually make payroll.
0:55.0	Today we got a special episode for you. Co-founder and president of the Montana Knife Company,
1:00.1	Josh Smith, joins me to share his incredible story that is proof that the American dream is alive
1:06.8	and well today. When he and I sat down, we intended for this to be one segment on one of these podcasts,
1:14.7	and it went so well that we just decided you needed to hear the whole thing, non-edited.
1:19.8	So this guy's one of us.
1:22.4	You're not going to want to miss this.
	...

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