TMBA 450: The Best Remote Business Might Be On Your Doorstep

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Dan and Ian love sharing entrepreneurial origins stories on this show.

Today, we are bringing you one from someone who has chosen an unusual entrepreneurial path.

Neel Parekh is the founder of a cleaning services company called MaidThis, which operates all over Southern California. What makes Neel’s business special is that, even though it is a local company, he runs it completely remotely.

In today’s episode, you will hear Neel’s insights into why he stumbled upon the idea for his company, how he managed to create a “Remote Local” business, and how to seize opportunities that entrepreneurs often overlook in the digital space.

Transcript

Listen to this week’s show and learn:

How Neel got his feet wet in the venture capital world. (2:45)
What made Neel decide to start MaidThis and how his parents played a role in that decision. (5:47)
How entrepreneurs can build location-independence through local businesses. (17:03)
Neel’s hiring process for managers and remote staff. (20:49)
The dangers of “analysis paralysis”. (31:06)

Mentioned in the episode:

This week’s sponsor:

This week’s episode is brought to you by our newest product, Dynamite Jobs. Dynamite Jobs is a service that helps entrepreneurs and listeners of this show find top, experienced talent to join their teams. These types of remote positions can be especially challenging to hire for, and we specialize in making that process easy. Our process means that you’ll only have to post your job once, and we’ll share it with our community of more than 10,000 established remote workers. If you are looking to hire remote team members, head over to DynamiteJobs.co and use code TMBA on the checkout page to get 50% off your first posting.

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Published on 07.19.18

Next post: TMBA451: Are You Suffering From Analysis Paralysis?