Neel Parekh
@NeelBParekh
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Built a $150K+/mo automated home service biz | Helping 9-5ers do the same via @MaidThis | Former private equity dude, recovering digital nomad (50+ countries)
Get your freedom 👉
Joined September 2011
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Send us removal request.
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I just gave an 8-minute TEDx-style talk in front of a 250 person audience.
I successfully "exited the matrix" and traveled for 7 years....but eventually came to one epiphany about life by the end of the journey.
Here's my story:
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I just hiked for 9 grueling days to Mt Everest.
I’m a desk jockey business owner with no prior hiking experience and only trained for 3 weeks.
If Everest Basecamp has ever been on your bucket list, bookmark this thread.
Here’s the story and everything you need to know👇
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I started a business that has generated almost $10M in revenue.
And I got the idea from Reddit.
But only a few people know the power of Reddit to fuel entrepreneurship.
Here are 9 under-the-radar subreddits that will help you build a million dollar business:
Thread 🧵👇
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I’m currently watching The Wire for the first time.
I’m convinced that drug dealers know more about running a business than 90% of MBA professors.
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I’ve used Zapier for ~6 years
It makes my biz run on autopilot
Today, a buddy asked me how I use it
So, in graphic detail, I showed them every single zap I use in my business
It’s you…
You’re the buddy.
Here are the EXACT Zaps I use to make my biz run on auto-pilot:
👇👇👇
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I was huffing and puffing trying to get up a hill...
...and then a group of 5 year olds in flip flops and Power Ranger backpacks raced past me on way to school, not even out of breathe.
Humbling.
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Biggest benefit of remote life:
Finding yourself in funny situations around the world.
I got randomly cast in a Ugandan music video while motorcycling through Africa.
Here’s me dancing with the swaggiest kids in the world
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I'm fascinated by those people who play the credit card points/miles game so well and can go on free vacations all the time.
What's the biggest score you've pulled off and how long did it take you to accrue the points you needed?
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Owning franchises is the easiest way to create generational wealth.
Shaq made $200M+ with 155 Five Guys.
Patrick Mahomes makes $10M+/yr profit with 30 Whataburgers.
Rick Ross makes $8M+/yr profit with 25 Wingstops.
None of these celebrities operate their own businesses…
↓
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Today is "acclimization day", meaning we hike up super high to try and get our bodies to get used to the thin air.
This is one of my favorite days....the view at the top of the mountain is UNREAL.
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Day 6: 15,100 ft elevation -
I wake up in a village called Dingboche.
The previous day was foggy & rainy so I didn't see much, but its cleared up today.
I stumble outside in the morning, cold and groggy, and am rewarded with this incredible view.
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The wealthiest people I know own recession-resistant franchises.
Their success is based on the fact that if you own stable, cash flowing businesses for a long period of time, you’ll be rich.
Here are 6 of my favorite recession-resistant franchises:
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Day 9: 18,519 ft -
An early AM hike to see a viewpoint, and then we turn back and head out.
Both my wife and I feel incredibly accomplished...and also cannot wait to get back to civilization.
Massages and mo-mos wait for us back in Kathmandu.
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Today we have to get acclimated to the high altitude, so take a 4 hour hike uphill.
Lungs are still gasping for oxygen as I climb higher and higher.
I'm rewarded with a viewpoint and a glimpse of the homie Everest peeking out beyond the mountain range.
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The wealthiest people I know own recession-resistant franchises.
Their success is based on the fact that if you own stable, cash-flowing businesses for a long time, you’ll get rich.
Here’s a list of my favorite recession-resistant franchises:
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The fun part of the trek was moving through small villages.
You get a glimpse into a different way of life.
The landscape is un-freakin-real.
There’s suspension bridges, rivers, nature everywhere.
Truly feels like you're in a different world.
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Does anyone else also type in the word “reddit” after anything you’re researching on Google?
Life hack to get straight to an answer without scouring through SEO’d 1000 word articles for a simple question.
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Want to exit the rat race in 2022 and travel the world?
Start a local business as a side hustle.
Turn it into a $100K+/mo money making machine.
Let me show you exactly how I did this 👇
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I run a $1,000,000+ company 100% remotely while traveling full-time.
The ONLY way this is possible is by having great systems.
But I’ve never seen anyone explain how to actually create systems when you’re starting from 0...
So let me show you how (in granular detail):
⬇️⬇️
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I got stranded on a desert island off of Panama for 10 days.
No food, no shelter, no cell service.
Here's the story and how the island changed my view on life:
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I've created the go-to playbook on scaling a remote home services biz to $1M+/year.
The course sells for $1,997.
But I'm giving away the first module for FREE for the next 48 hours.
Just:
- RT+Like this post
- Comment "BLUEPRINT"
And I’ll DM it to you (must be following)
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At the end of Day 2, as I'm slogging uphill with a side stitch, we finally arrive to the "biggest" town in the area, Namche Bazar.
Even though is a small village, it felt incredible to be near some modernness (i.e. they even a tiny local bar).
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What blows my mind is how easily the porters (who carry our packs) move through this altitude.
Our porter was wearing Hello Kitty Crocs the entire trip and carrying our luggage on his forehead with absolute ease.
These dudes are beasts.
Here's me attempting to carry the pack:
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Oxygen at this height is 50% of the oxygen at sea level.
The final stretch is hard. I'm winded. I'm stopping every few min during the last 2 hours.
But, my excitement at reaching the promised land keeps me going.
Finally, I turn the bend and see it.
We made it to Basecamp.
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Boring businesses are cash flow monsters.
More boring = More cash
Well, I found 5 of the most boring franchises ever.
They are so boring you’ve never heard of them.
Let’s go
👇👇
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We come across the highest monastery in the world in Tengboche, where we pause for the night.
I watch the local lama perform his Buddhist rituals and he gives me a red woven necklace...pretty sure that makes me an honorary monk.
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Everyone says:
“Just find an old school industry that runs on fax machines and disrupt it”.
But no one tells you how.
So I will!
Here’s 20 tips/tools you can use to disrupt any old-school industry with tech:
Bookmark this thread like your life depends on it
👇👇
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I have no desire to build a $100M HoldCo.
I don't care about "generational wealth".
My goal is to make enough money to never have to think about money, and focus on living an interesting life.
Roadtripping through the Turkish riviera rn, working on the interesting life bit.
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I met an Uber driver in Mexico City.
He started Ubering because his family's restaurant wasn't doing well.
On a whim, I decided to visit the restaurant.
What followed after blew me away....
Full story + pics below 👇
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Just crossed the 10 year mark of running MaidThis.
2014: $88K
2015: $357K
2016: $930K
2017: $1.2M
2018: $1.5M
2019: $2M
2020: 1 franchise
2021: 2
2022: 8
2023: 18
People overestimate what they can do in a year and underestimate what can be achieved in a decade.
Be patient.
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Day 8: 17,598 ft - Everest Basecamp
Finish line is close, baby.
We set off through a valley on a 6 hour journey to reach out next destination.
Yaks accompany us.
It's a beautiful day.
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Day 2: 11,290 ft elevation -
Update: this shit was, indeed, not easy.
We set off early to the next checkpoint.
7 hours of trekking.
Suspension bridges.
Uneven terrain.
I quickly start realizing that trudging uphill, with a pack, in thin air, is crazy hard.
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For the next few hours, I'm a shell. Altitude sickness has officially hit me.
When you aren't getting a lot of oxygen from the air, you have to drink extra water to get oxygen from that.
4-5 liters per day is recommended.
I screwed up - I was at maybe 2 liters for the day.
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Day 5: 14,468 ft elevation -
The weather is schizophrenic
When it's sunny, the sun is BRIGHT. Then it's windy all of a sudden. Then snowy. Then back to sunny.
We pass suspension bridges & gorgeous rivers all day.
Today's a pretty easy 6 hour hike.
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Day 7: 16,210 ft -
I feel a lot better after chugging water and Liquid IV.
I open the window and look outside and see this.
At this stage, the changing weather feels like a feature of the journey, not a bug.
I'm starting to enjoy the trek and whatever is thrown out by nature.
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Day 4: 12,687 ft elevation -
Nature decides the trek is too easy so it starts POURING all day.
Luckily I rented a rainjacket in Kathmandu so throw that on and bundle up.
The weather starts turning colder and colder the higher we go.
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I've used Zapier for ~7 years.
It makes my business run on autopilot.
I put together a list of my top 10 automations + a one-click button to copy the zap for yourself.
Want it for FREE?
Just:
- RT+Like this post
- Comment "Zaps"
And I’ll DM it to you (must be following)
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Day 1: 9,383 ft elevation -
My wife and I fly into Lukla Airport from Kathmandu, which is the most dangerous airstrip in the world.
Why is it so dangerous? The tiny 500 meter runway looks like its made for ants!
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First off - after having completed this trek, I firmly believe that ANYONE with average fitness can do this.
The trek itself isn’t too technical. It’s long, yeah, but that’s expected.
The hard parts come from the unexpected…
Here's the story:
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I decreased my work hours to < 5 hours per week by implementing the EOS system.
WTF is EOS and why do you need it?
Here’s EXACTLY how it works:
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Day 4 turns out to be one of the hardest days.
8 hours, uphill and downhill.
The trekking, and even the rain, is manageable by itself.
But multiple days of bad sleep, freezing at night, tough accommodations, and fatigue is starting compounding around this time.
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When I use to work in private equity, the partner of my fund would always say that the best industries are:
- Weddings
- Babies
- Pets
Because people will spend an obscene amount of money on them without thinking twice.
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I started a business that has generated $10M+ in revenue.
And I got the idea off of Reddit.
But only a few people know the power of Reddit to kickstart entrepreneurship.
Here are 10 under-the-radar subreddits that will help you create a million dollar business:
👇👇
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The landscape changes drastically in the Himalayas the further in your go.
From green nature to suspension bridges to dirt paths to snow mountains, it really has it all.
I'm feeling re-energized about my trek and in absolute awe at the changing landscape.
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The number of people I talk to who are leaving $200K+ corporate careers to buy or start small businesses is wild.
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These businesses are legal money printers:
1/ Garbage bin cleaning
2/ Geek squad for seniors
3/ Home maintenance subscription
4/ Holiday decoration rental
5/ Mobile Car wash
Proven demand + low competition = you’ll be rich.
Here's exactly how to start one on your market:
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I went down a Rick Ross Rabbit Hole.
The dude LOVES Wingstop.
- Owns 30 franchise locations
- Makes ~$7,000,000 every year
- Bought his son a Wingstop franchise at 16
Here’s the hilarious story of how he bought his franchise
👇👇
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When you're trekking all day, it'd be nice to have some relaxation to look forward to.
But, nights are worse. It's cold af, the toilets barely work, the shower has no hot water.
I end this day in my sleeping bag, wet from the rain and frustrated at what I got myself into.
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If you have an employee who is hitting all their KPIs...
But they don't ever update the CRM or notes, or follow-up on the minor admin stuff the job requires.....
How do you handle it?
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The Hadza are the last hunter-gatherer tribe in Africa.
And I lived with them for 2 days.
We hunted baboons, smoked weed, and talked about the meaning of life.
Here’s the insane story:
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I get back at 3PM to Dingboche and sit down in the common area.
5 minutes later, my head is THROBBING and I can barely focus.
I head to my room to lie down for a bit.
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Day 3: 13,000 ft elevation -
I wake up early and freezing my butt off.
Go to the bathroom. Turn on shower. Water is barely above freezing temperature.
Guess I'm not showering this trip.
I brush my teeth in the outside bathroom and get ready for the day.
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We meet our sherpa guide (Govinda) and start the journey.
Feeling fresh, excitement is at a high. Easy day. 4 hour trek.
We check into a tea house accommodation. Food was provided the entire trip so no problemo there.
No issues on Day 1. LFG.
This shit is going to be easy.
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My dad passed away 3 days ago.
It was a rough battle with pancreatic cancer for the last 2.5 years.
Honestly, I’m still processing it all…the ups and downs, the sinking feeling of loss.
I can’t believe everyone has to experience the death of a family member at some point in
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In college, I knew a guy whose girlfriend’s dad owned 160 McDonalds.
Good news: He married her and now runs that empire.
But if you can't marry into an empire....
Here are 6 up-and-coming franchises you can catch the early wave with to build generational wealth:
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@JoeCassandra
Restaurant prices are insane now, especially with the normal "recommended tip" being closer to 25%. Its just not worth it anymore
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I wore this outfit 90% of the time:
- Long-sleeve moisture wicking shirt (polyester)
- Short-sleeve poly shirt over it
- Fleece sweater
- Neck Gaiter
- Baseball cap
- Regular lightweight trekking pants
- Hiking boots
That’s it.
I rented a down jacket & raincoat in Kathmandu.
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I’ve used Zapier for >7 years
It helps my biz run on autopilot
Today, a friend asked me how I use it
So... in graphic detail... I showed them EVERY zap I use in my business
It’s you…
You’re the friend.
Here are the EXACT Zaps that make my biz run on auto-pilot:
👇👇👇
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That's a wrap!
If you enjoyed this post, do me a solid and retweet the first tweet.
Lmk if you have any questions.
Happy trekking 🗻
I just hiked for 9 grueling days to Mt Everest.
I’m a desk jockey business owner with no prior hiking experience and only trained for 3 weeks.
If Everest Basecamp has ever been on your bucket list, bookmark this thread.
Here’s the story and everything you need to know👇
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The deeper in you go, the worse the accommodations become.
Its harder to get materials to these remote towns and its all porter-based (no cars).
That means you'll encountered fancy fill-it-yourself toilet contraptions like this:
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Buddy of mine just told me he was incredibly hungover before a long-leg flight.
He paid $200 for a mobile IV nurse to come to his place and hydrate him. Took about 15 minutes.
The margins on those businesses must be insane.
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I traveled the globe alone with nothing but a backpack for over 5 years.
This leveled me up more than anything else in life.
Here's why you should consider a solo trip too:
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The number of people I talk to who are leaving $200K+ corporate careers to buy or start small businesses is wild.
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The easiest business you will ever start:
- Has high demand
- Has low competition
You want to walk into a market as the only person who has something everyone wants and can’t get anywhere else.
Then, you sell it to them.
Here are 11 businesses with virtually no competition:
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We've made $250,000+ minimum from customers who called in and said "I booked with you guys because you're the first company to actually pick up the phone".
Find an industry where picking up the phone is a competitive advantage.
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🏃MY 3-WEEK TRAINING PROGRAM -
▶️ 3x/week HIIT (Boxing)
▶️ 2x/week Hiking (walking up hills for 2 hours)…I live in LA so my “hills” was just Beverly Hills womp womp)
That’s it.
I was fine physically doing the trek.
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The altitude made me exhausted some days, but there isn’t too much “training” you can do for that.
In hindsight, I would tell someone to just do stairs daily until you can go up and down stairs for 1 hour without issues.
If you have rocky trails near you, even better.
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Here is everything you need to know if you plan to do this trek in the future:
👇
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There's a scene in Catch Me If You Can where Leo's con artist
character finally gets caught. He was faking as a sociology professor.
The cops asked “How did you teach advanced sociology?”
Leo: “I just read one chapter ahead of the students.”
I think about this a lot.
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Nick Huber is leaving a ton of money on the table.
At this point, everyone knows his partnership strategy.
But there’s a path for him to build and sell a $100,000,000 franchise brand within 3 years.
Using ONLY his Twitter...
Here's the math
👇👇👇
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👕 PACKING LIST -
Layers, my friend.
Leave the massive jacket at home.
Temperatures fluctuate a lot…you’re at high altitude so the sun is HOT, but the wind is cold and nights and even colder.
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How A Random Uber Ride Completely Changed My Perspective -
I met an Uber driver in Mexico City.
He started Ubering because his family's restaurant wasn't doing well.
On a whim, I decided to visit the restaurant.
What followed after blew me away....
Full story + pics below 🧵
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I have no desire to build a $100M company.
I don't care about "generational wealth".
I just want to make enough money to never have to think about money and focus on living an interesting life.
Luckily I’ve built a biz that fulfills this need.
Here’s exactly how you can too🧵
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Traveling around the world is the best way to gain perspective in life.
While I was motorcycling across Rwanda, my understanding about how the world works changed entirely.
Here are 3 life-altering realizations:
[🧵]
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r/sweatystartup (65K+ members)
The subreddit started by our own Twitter fam
@sweatystartup
It's still an active subreddit, with most people talking about their local businesses.
Lots of great idea swapping and community.
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A couple years ago, I got an email from AmEx that said their client is disputing $5,000 worth of charges from us.
I recognized the client's name as an NBA player on the Warriors.
Turns out, the guy's side chick stole his card and was using it to book cleanings.
He is married.
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Just crossed the 10 year mark of running MaidThis.
2014: $88K
2015: $357K
2016: $930K
2017: $1.2M
2018: $1.5M
2019: $2M
2020: 1 franchise
2021: 2
2022: 8
2023 YTD: 15
People overestimate what they can do in a year and underestimate what can be achieved in a decade.
Be patient
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I’m at Washington Square Park in NYC.
I shit you not, this group of girls is going around asking “Want $3 cash for free? Can you leave a review for my roofing company?”
Alright, which one of you SMB Xers hired them to do this?
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One recommendation - if you don’t own this gear already, you can buy it wayyyyy cheaper in Kathmandu than your home country.
I made the mistake of buying everything at REI in the US which is super expensive. Arrive 3 days earlier and just go shopping, hiking gear is EVERYWHERE.
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At 30 years old, I hit $2M/yr in revenue in my local service biz.
Not saying that to impress you, it took me way too many mistakes to get it right.
And it’s frustrating to see people making those same dumb mistakes I made.
Want to know about the shit I wish I did differently
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A friend has a portfolio of 16 businesses that he runs...
…and he just decided to go off the grid completely for 3 months to become a meditation teacher.
All his businesses are on complete auto-pilot.
Here’s the
#1
secret to having your business run on its own🧵👇
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I spent 8+ years working on our cleaner recruiting funnel.
Here is the EXACT 6-Step Hiring Funnel we use and the numbers you need to be targeting.
💰Money making thread for any local service biz entrepreneur
//The MaidThis Franchise Hiring Playbook👇//
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I recently worked remotely from Tunisia, a less-traveled country in North Africa.
I spoke with some locals about their views and saw the ways their lives were trending.
Here are some of my life lessons and realizations about how the world works:
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💊MEDICINE PACKING LIST -
I didn’t want to risk ruining my trip, so I bought altitude sickness medicine (Diamox).
Just buy Diamox when you get to Kathmandu, its literally $1 for a full supply at any pharmacy versus probably $100 in the US.
No prescription needed.
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F**k it
I hate watching local businesses burn their cash on useless digital ads.
Please…
🛑STOP being creative
🛑STOP lighting cash on fire
🛑STOP reinventing the wheel
Instead, use this boring marketing playbook
It’s called “The Neighborhood Blitz”
Here’s how it works
👇
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Change My View:
As of today, cryptocurrency has added almost 0 practical applications to the common person.
It's had very little impact on the world TODAY, despite the hype.
p.s. I legitly want my view changed, I may be missing some huge use case that's actually working now.
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I stopped Yelp Ads 3 months ago.
And still get random sneaky charges on my credit card from them every now and then.
Yelp and Angi, the shadiest companies in the SMB world.
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Recently got dinner with a guy who sold his telecom biz for around $40M.
He grinded for 7+ years, 80 hours weeks. And he "won" the game with a big exit.
But he postponed kids/relationships to give it all to his biz.
I don't know what's the "correct" hustle vs life mix.
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Spoke to a buddy of mine who runs a maid service.
They are doing 70-100 cleanings PER DAY in 1 city.
The only marketing tactic he uses: SEO.
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- Bring your own pillow cover
- Iodine tablets for the water. You can also buy water bottles at every stop. It’s between $1-3 per liter, and you’ll be chugging 3-5 liters per day.
- Deck of cards, easy way to make friends at tea houses.
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A close friend started a business.
In 2 months he was doing $20,000 in revenue.
At month 3 he shut everything down and went back to his 9-5 due to stress.
Social media fetishizes entrepreneurship.
It’s not easy.
Here’s some of the things I’ve struggled with personally:
👇👇
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I stopped Yelp Ads months ago.
And still get random sneaky charges on my credit card from them every now and then.
Yelp and Angi, the shadiest companies in the SMB world.
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🔥 MY "CLUTCH ITEMS" LIST -
Here’s some things outside of the norm that were super helpful:
- Bring. Toilet. Paper. Everywhere. Trust me.
- Bring a camelbak for water, way more convenient than a water bottle
- Liquid IV electrolytes: drink 2 of these per day.
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If you lost everything tomorrow....
Here's how you'd build a $100,000+ profit business with the 11 months left in 2023:
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95% of online courses are complete BS.
But I found the 5% that are worth 10x their price.
Here are 6 courses for <$1000 that changed my life:
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I recently chatted with a guy doing mobile dog grooming.
His van setup cost almost $100K fully loaded, but he's making BANK with high margins now.
Are there any other similar industries with a big startup cost, but big margins once you get going?
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@alexforbes__
Internet bros will say “Hire someone to do it and spend that time on better ROI!”. I’m not convinced everything needs to be optimized for highest efficiency. Sometimes I get a small sense of accomplishment or enjoyment from menial tasks
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