Launching & Growing MaidThis with Neel Parekh
Neel shares the story of how he launched MaidThis – a business that specializes in cleaning services for residential homes and short-term/vacation rental properties – and grown it into a fully-remote local business and how he helps others do the same.
Neel Parekh is the Founder & CEO of MaidThis and MaidThis Franchise, which helps homeowners and short-term rental hosts (Airbnb, VRBO, etc.) with their cleaner needs.
They have generated millions in revenue while having a fully remote team, and now he is on a mission to help others achieve the same. He has been a “digital nomad” for almost 5 years and still vagabonding around the world (pre-COVID at least). He started his career working in venture capital and private equity and worked for more than 4 years identifying and analyzing investment opportunities and managing investment portfolios.
Neel lives in Los Angeles, California. Neel Parekh, welcome to the show.
Launching & Growing MaidThis with Neel Parekh:
- What was your ideation process – the process of identifying this need and developing a small business model?
- How long from idea to launching your small business?
- How long before you left your corporate job?
- How did you fund the launch of this small business?
- How did you test or prototype the service?
- Why the focus on vacation rentals?
- How has technology changed what a local business can look like?
- Operating a local business remotely – advantages and challenges?
- How does it impact how your build & develop your team?
- How do you meet with your cleaning employees? (For recruiting, on-boarding, training, coaching, termination, etc.)
- What’s unique about your business model that appeals to the short-term rental, vacation, and Airbnb® niche?
- Why Franchise?
Episode Host: Henry Lopez is a serial entrepreneur, small business coach, and the host of this episode of The How of Business podcast show – dedicated to helping you start, run and grow your small business.
Books mentioned in this episode:
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- Can’t Hurt Me: Master Your Mind and Defy the Odds by David Goggins
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