115. Business Models to AVOID and What Makes a Good Business Model

115. Business Models to AVOID and What Makes a Good Business Model

Author: Neel Parekh September 13, 2023 Duration: 8:20

It's a simple but perhaps not-often-repeated truth: not all business models are created equal.

In this episode, Neel talks about local services businesses he would avoid buying/starting as well as what was the one factor he looked at recently when considering a cleaning service acquisition. You'll get the scoop on:

- Why high ticket, low recurring businesses are just as desirable as low ticket, high recurring businesses

- How you could make low ticket, low recurring businesses work (if you had to)

- The importance of building "need to have" businesses, particularly in recessions

Enjoy the episode.


If you want to start your own MaidThis Franchise in your market & skip years of trial-and-error, go to www.maidthisfranchise.com


If you want a foundations do-it-yourself course on how to start your own remote local business model, check out blueprint.beremotelocal.com


Neel Parekh believes the blueprint for the life you want likely already exists, and his mission is to map it out for you. In The Freedom Formula Podcast: Achieving Financial, Location and Time Freedom, he sits down with people who have actually built lives of remarkable autonomy. These conversations are not theoretical; they are detailed post-mortems of real success. As the CEO of MaidThis Franchise, Neel brings an entrepreneur's curiosity to each interview, dissecting the practical steps, pivotal decisions, and often-overlooked mindset shifts that led his guests to their version of freedom. Whether it's designing a business that funds global travel, structuring assets for passive income, or simply reclaiming control of one's daily schedule, this podcast digs into the actionable patterns. Each episode serves as a case study, moving beyond inspiration to deliver a replicable strategy. You'll hear the setbacks and breakthroughs, the personal definitions of wealth, and the tangible systems that make an unconventional lifestyle sustainable. This is for anyone tired of generic advice and ready to analyze a proven path. The goal is always the same: to uncover the common thread in these stories and provide a practical framework for living life on your own terms. Tune in for honest, in-depth dialogues that demystify the journey toward true independence.
Author: Language: English Episodes: 100

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