Meet Neel Parekh, CEO & Founder of “The Franchise for Millennials”

Home Business Magazine Online

Owning a completely removed franchise can be a very lucrative business venture that offers so much freedom and flexibility. Just ask Neel Parekh, CEO and founder of MaidThis (a leading national cleaning company). While building his business to generate millions in sales, Parekh traveled for five years while leading a completely distant team – he now has a mission to help others achieve the same thing! MaidThis has been dubbed “The Millennial Franchise” because of its completely remote model and new age portrayal of an old-school cleaning industry.

Home Business Magazine had the opportunity to meet with Parekh and find out about his business trip with MaidThis. He was happy to share what inspired him to found MaidThis, why it is such a great franchising opportunity for aspiring business owners, and the greatest challenge he has overcome on his entrepreneurial journey. He also gave important tips to others who want to own their own franchise!

HBM: Tell me us about MaidThis. How does it differ from other cleaning companies?

For example: “MaidThis is one of the top rated national cleaning companies, providing hassle-free home cleaning for busy individuals and vacation rental owners (Airbnb, VRBO, etc.). MaidThis has been dubbed the “Millennial Franchise” because of its completely remote model and new age portrayal of an old school cleaning industry. The most important thing that sets us apart from other cleaning companies is that we are the first and ONLY US-based vacation rental franchise company.

Our goal is to make the customer experience super easy and super seamless – that’s what a lot of people want, but a lot of local businesses can’t offer it. MaidThis meets growing consumer demand for websites that make online bookings and automated reservations a breeze. We use the latest technology and software to create an affordable, completely remote franchise – this means it’s easier than ever for entrepreneurs to Become a franchisee. With the franchise completely secluded from day one, it’s a very lean operation from a business standpoint. You get access to our playbook and training on how to do it all!

Another factor that sets us apart is the state-of-the-art software we use that automates the processes for our customers, our suppliers, and our team members – customers rave about the automation our systems offer. Additionally, we train franchisees in these simple software applications until they know it inside out.

MaidThis also takes advantage of location independence in our internal team as we leverage a global workforce to increase hiring efficiency in pay. Our Los Angeles location, for example, has support staff in Honduras, Panama, Mexico and South Africa, among others. So you don’t have to pay too much to find someone near you. Our system allows you to attract the best talent around the world. We have also pioneered innovative ways of networking and creating goodwill in individual communities. “

HBM: What inspired you to start this company?

For example: “I worked in venture capital for a couple of years and I knew I didn’t want to do that anymore – I wanted to quit and travel the world and have a sideline that supports me when I travel. I tried many ideas (most of which failed) and a local cleaning company was one of the efforts that actually caught on.

After 2 years working on MaidThis as Second job, I ended up quitting my venture capital job and booking a one-way flight to South America. My original plan was to live a “digital nomad” lifestyle and backpack for a year and it kind of turned into five years!

Another motivating factor for starting a business was that my parents were getting older and had video rental stores (like blockbusters) that were not doing well financially. I wanted to offer them a source of income that would help them gain financial freedom while working from home. “

A snapshot of the MaidThis website.

HBM: Why is MaidThis such a great franchising opportunity for aspiring business owners?

For example: “MaidThis is a fantastic franchise opportunity for the budding business owner because it’s inexpensive, very sleek, and completely remote so you can live and work anywhere. Because MaidThis uses cutting edge technology, breakthrough marketing tactics, and advanced business processes, it is truly a new age cleaning franchise – other cleaning franchises are very old fashioned. Franchisees can follow our proven business model to build their own decentralized local business.

The coolest part – franchisees can start this franchise as a sideline and eventually quit their job and manage it full time which means the risk is less.

The sought-after and fast-paced vacation rental market is growing explosively, powered by Airbnb® and other popular short-term vacation rental websites. Franchisees can follow our proven business model and tackle the growing short-term rental market. “

HBM: What was your biggest success on your business trip with MaidThis?

For example: “My greatest achievement is building a global team – we are represented in 7 different countries – and visiting team members around the world. Proof that a local business can be done completely remotely and setting up the systems so that others can do it was also a huge success on my business trip. “

HBM: What was the greatest challenge that you mastered when you started your company?

For example: “It was a big challenge to find the right cleaners and team members. It has taken us years to figure out what to look for, how to find it, who is right and who is wrong, etc. The right detergents make the difference between a good and a bad product. It’s always a work in progress, but arguably the most important part of the business. “

HBM: What tips do you have for others who want to own their own franchise?

For example: “It is so important to decide what your ‘non-negotiable’ are. Do you want to be away? Do you prefer a storefront location? What amount do you have to invest? Answering these questions will help you decide what type of franchise to own and live in.

You also need to find out if franchising is right for you. Franchising is not for everyone and you should decide what to expect from your own business. The main benefit is that you follow an existing draft and potentially avoid a lot of mistakes on your business trip. One downside is that you may not have full creative control over your business.

Having a clear idea of ​​what your future should look like is key. “

HBM: How do you balance everything as an entrepreneur?

For example: “The cool thing about having a remote business is that I can be anywhere, so I often work from anywhere (as long as there’s good WiFi!)

I weave business into my lifestyle. I travel and work at the same time so that I don’t burn out – I can enjoy life and still be very productive. “

HBM: Where do you hope to see MaidThis in the future? What steps will you take to get there?

For example: “Our current mission is:

1. Free up space for our global team members (including cleaners) and customers so they can safely serve their purpose. We do this by offering the most hassle-free cleaning service possible.

2. Submit $ 100,000 in microcredit (initially through Kiva.org) by 2025 to give less fortunate people the opportunity to achieve their own level of freedom.

3. Life changing freedom (place / time / finances) for our franchise owners who are driving this mission and building their own MaidThis family & community.

Our goal is to reach over 20 franchise locations with highly motivated franchise owners who also want a lifestyle business and a sense of freedom of their own. “

The post Meet Neel Parekh, CEO & Founder of “The Franchise for Millennials” appeared first Home business magazine.

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