Episodes

164
Sept. 11, 2024

164. How to Know if Franchising Is Right for You, with Adam Goldman Franchise Coach

In this episode, Neel chats Adam Goldman, a franchise coach with experience in franchise placement. They discuss the role of a franchise coach, the types of people who are a good fit for franchising, and how to evaluate franchise brands. Adam emphasizes the importance of cultural fit and getting to know the person behind the franchisee. They also touch on the misconception that franchising is a passive investment and the need for active involvement. Adam shares his experience as a master franchi...
163
Sept. 4, 2024

163. The Hidden Secrets of the Franchise World, with Tim Michaels

Tim Michael, founder of Kickstart My Franchise, shares his expertise in the world of franchising. He discusses his background and how he got into franchise brokerage. Tim provides insights on evaluating franchise brands, including the importance of looking beyond financials and considering factors like the item 19 and item 20 in the Franchise Disclosure Document (FDD). He emphasizes the value of talking to existing franchisees to get a real sense of the brand's support and success. Tim also disc...
162
Aug. 28, 2024

162. From Employee to Entrepreneur: Building a Business with Orlando MaidThis St. Pete Clearwater

Orlando Reyla, owner of MaidThis St. Pete Clearwater, shares his journey of starting a cleaning business while still working a nine-to-five job. He discusses the challenges of balancing both and the support he received from his family. Orlando emphasizes the importance of having a clear why and being prepared for the hard work and challenges that come with entrepreneurship. He also shares his learnings, including the importance of delegating and building a remote team, and the value of the suppo...
161
Aug. 20, 2024

161.Getting Lifestyle Freedom By Living Through Your Values, with Trenton Hughes of Unfounded Ventures

In this episode, Neel chats with Trenton Hughes, the founder of a venture studio called TRIBE. They discuss the concept of venture studios, Trenton's journey from corporate to entrepreneurship, and the importance of finding freedom through aligning with personal values. Trenton also shares his experience of burnout and the lessons he learned from it. He emphasizes the need for community and support for entrepreneurs, which led him to start TRIBE. Overall, the conversation highlights the importan...
160
Aug. 14, 2024

160. From Corporate Ladder to Entrepreneurial Freedom with Winslow Marshall, Neoteric Brands CEO

Summary Winslow Marshall, founder of Neoteric Brands, shares his journey from corporate to entrepreneurship and the challenges he faced along the way. He discusses the benefits of gaining experience in a fully formed company before starting his own business and the value of starting earlier in entrepreneurship. Winslow also talks about his experience as a digital nomad and the freedom it provided. He explains how he decided on his business model and the importance of community in growing CPG br...
159
Aug. 7, 2024

159. Embracing the Unknown: Launching a Cleaning Business with Akila, MaidThis McKinney

Akila, the owner of MaidThis McKinney, shares her journey of starting her own location and leaving her nine-to-five job. She discusses her background in project management and her desire for more hustle and productivity. Akila talks about her fears and lifestyle changes when starting her business, as well as the support she received from her friends and family. She also shares her experiences with training, marketing, and community outreach, highlighting the success she has found in the vacation...
158
July 31, 2024

158. Scaling Success: Leveraging Franchises for Entrepreneurial Growth with Erik Van Horn

In this episode of the Freedom Formula podcast, Neel talks with Erik Van Horn, a franchise expert and host of the Franchise Secrets podcast. Erik shares his journey in the franchise world, from starting as a real estate investor to becoming a successful franchisee and investor in multiple franchise brands. He emphasizes the importance of learning from top-performing franchisees and hiring for your weaknesses. Erik also discusses the value of being part of a franchise system and the opportunities...
157
July 24, 2024

157. Remote Cleaning Businesses And Why They’re Awesome [Nik interviewing Neel]

A different and fun podcast were Neel Parekh gets interviewed by Nik from Nikonomics. his journey in the cleaning industry and the unique aspects of his business model. He shares insights into the challenges and opportunities of running a cleaning company, particularly in the residential and vacation rental niches. Neel emphasizes the importance of recurring revenue and customer retention in the cleaning industry. He also talks about the benefits and support provided to franchisees and the poten...
156
July 17, 2024

156. From Employee to Franchisee: The All-In Commitment Journey with Nautical Bowls CEO, Bryant Amundson

In this episode of the Freedom Formula podcast, Neel Parekh chats with Bryant Amundson, the CEO of Nautical Bowls, a franchise brand specializing in acai bowls. Bryant shares his journey of starting his first location and eventually franchising the business. He emphasizes the importance of being all-in as a franchisee and the need for coaching and mindset upgrades. Bryant also discusses the support system needed for franchisees and the focus on franchisee success. He highlights the goal of creat...
155
July 10, 2024

155. Traveling the World, Building a Business in the Digital Nomad World with Freddy Lansky

In this episode, Neel chats Freddy Lansky, a digital nomad and entrepreneur who has traveled to nearly 100 countries. Freddy shares his journey from backpacking through Europe to starting his own successful e-commerce business, iChess. He discusses the importance of taking risks, making pivots, and not getting stuck in analysis paralysis. Freddy also talks about the challenges of running an internet business and the opportunities in the freelance and consulting space. He emphasizes the need to g...
154
July 3, 2024

154. From 9-5 Engineer to Starting 20+ Companies, with serial entrepreneur Ray Blakney

Neel sits down with Ray Blakney, an accidental entrepreneur, who shares his journey from working in corporate America to starting his own businesses. He emphasizes the importance of having a clear why and setting realistic expectations when starting a business. Ray introduces his business, Productized Education, which helps individuals turn their skills and knowledge into educational products. He offers an Accelerator program to develop and sell the first product, a Scale program to replace day-...
153
June 26, 2024

153. The #1 Mindset Shift Needed for New Entrepreneurs, with ex-Special Forces Mindset Coach Itamar Marani

In this episode, Neel talks with Itamar Marani, a mindset coach with a diverse background in the military, private security, and Brazilian jiu-jitsu. The conversation covers topics such as living in Thailand, the experience of working for a Russian billionaire, the pursuit of wealth, and the mindset of successful entrepreneurs. The conversation delves into the psychological barriers and limiting beliefs that entrepreneurs face, exploring the impact of fear, comfort, and the need for approval. It...
152
June 19, 2024

152. Scaling a Coding School to 70 Locations (While Keeping Work-Life Balance), with Hansel, CEO of TheCoderSchool

In this conversation, Neel chats with Hansel from the Coder School, discussing Hansel's background, journey into entrepreneurship, and the franchising model of the Coder School. They explore the importance of passion in business, marketing strategies, and the traits of successful franchisees. Takeaways Passion for the business and its impact on the community is more important than passion for the end product. Successful franchisees exhibit traits such as relatability, communication skills, an...
152
June 12, 2024

151. “The Step-Path To Quitting Your Job & Living Abroad, with Jeff Hill of Hill Financial Group”

Neel sits down with Jeff Hill shares his journey from corporate America to location independence, discussing the struggles, mindset shifts, and the decision to raise a family outside the US. He emphasizes the importance of multiple sources of income and the freedom to live life on one's terms. Takeaways Transitioning from corporate America to entrepreneurship requires courage and a willingness to work hard for oneself. Creating multiple sources of income is essential for achieving location in...
150
June 5, 2024

150. Running an Anti-Human Trafficking NGO & Entrepreneurial Values, with Buddy Rathmell

Buddy Rathmell, a former anti-human trafficking operative, shares his journey of entrepreneurship, nonprofit work, and the pursuit of a fulfilling lifestyle. From running anti-trafficking operations in Southeast Asia to starting Map Winners, Buddy's story is one of impact, values, and the pursuit of contentment. Takeaways Buddy Rathmell's journey is a testament to the pursuit of a fulfilling lifestyle driven by impact and values. Entrepreneurship and nonprofit work can coexist, serving as fue...
149
May 29, 2024

149. The “Mental” Game of Lifestyle Design by the Numbers, with Ben McAdams of Profits Collective

In this episode of the Freedom Formula podcast, Neel Parekh sits down with Ben McAdam, a business coach who helps entrepreneurs increase their profits by analyzing their numbers. Ben shares his journey from being a classical pianist to becoming a business owner and explains how he discovered the power of numbers in growing a business. They discuss the mindset shifts required for entrepreneurship, the importance of prioritizing spending, and the role of mindset in achieving lifestyle design. Ben ...
148
May 22, 2024

148. Running a 1000 ATM Machine Empire, with ATM Guy Mitchell Sorkin

Mitchell Sorkin, known as the ATM guy, shares his journey of building a portfolio of almost a thousand ATMs across the country. He explains how he got into the ATM business and the qualities he looked for in a business, such as low labor intensity. Mitchell discusses the business model of ATMs, including the risks and benefits. He also talks about the negotiation process with store owners and the potential income generated by ATMs. Mitchell emphasizes the importance of finding a business that su...
147
May 15, 2024

147. The Ultimate Lifestyle Design Playbook, with Lifestyle Design Coach Bobby Hobert

In this episode, Neel chats with Bobby Hobert, host of The Bearded Man podcast and a lifestyle design coach. They discuss Bobby's journey from driving for Uber to becoming a full-time creator and coach. Bobby explains that lifestyle design is about being intentional with every moment and designing a life that aligns with your goals and priorities. He shares his four-step process for helping clients design their lives, which includes a personal audit, mapping out the dream life, creating a custom...
146
May 8, 2024

146. Lifestyle Design & Living The Luxury Life on $8K/mo, with Jesse Schoberg CEO of DropInBlog

Jesse Schoberg, CEO of Dropinblog, shares his experience living as a digital nomad in Thailand and the benefits of the lifestyle. He discusses the cost of living in Thailand compared to major cities like New York and London, highlighting the affordability and quality of life. Jesse emphasizes the safety, quality of service, and availability of amenities in Thailand. He also talks about his journey from living in Wisconsin to moving to Panama and eventually settling in Thailand. Jesse reflects on...
145
May 1, 2024

145. From Living in Chile to Working On A Zoo, an entrepreneur journey with Peter Murphy

Peter Murphy Lewis shares his journey of designing his own freedom lifestyle through entrepreneurship and career changes. From living abroad in Chile to starting his own travel company, Peter has embraced different opportunities and made bold decisions to create the life he wants. He discusses the challenges and rewards of making career transitions and emphasizes the importance of spending less than you make to have the freedom to make choices. Peter also talks about his current role as a fracti...
144
April 24, 2024

144. Talking Shop with $1.5M/yr Cleaning Company Legend Ryan Knoll from TidyCasa

Ryan Knoll and Neel Parekh discuss their backgrounds and experiences in the home service industry. They talk about their early days, growth trajectories, and the marketing tactics that worked for them. They emphasize the importance of networking and traditional marketing methods, in addition to digital marketing strategies like SEO and Google ads. They also discuss the structure of their teams and the use of remote staff. The conversation covers topics such as managing a cleaning business, handl...
143
April 17, 2024

143. Doing Less and Making More - Selling a $4MM/yr business to Become a Full-Time Meditation Teacher, with David Lahav

In this episode, Neel chats with David Lahav, a former locksmith company owner turned meditation teacher. They discuss David's journey in entrepreneurship, his mindset shift towards finding purpose and freedom, and the role of meditation in his life. David emphasizes the importance of being an importer of happiness rather than an exporter, and how meditation helps reduce stress and improve decision-making. He also explains how entrepreneurship and meditation are not mutually exclusive, but rathe...
142
April 10, 2024

142. Selling Water Beds and Scaling Multiple Businesses with “Output Thinking”, with CEO Coach John Seiffer

In this episode, Neel Parekh sits down with John Seiffer, author of Output Thinking and founder of CEO Bootcamp. They discuss John's entrepreneurial journey, starting with a failed waterbed store business in the 70s. They explore the differences between B2B and B2C business models and the importance of building a business like an asset. John introduces the concept of output thinking and explains how to identify and develop systems in a business. They also discuss common issues faced by new busin...
141
April 3, 2024

141. Quitting Silicon Valley to Spend 5 Years Spearfishing, an interview with Jon Stenstrom

In this episode, Neel reunites with his old friend Jon to discuss Jon's unique lifestyle and career transitions. Jon shares his journey from being a residential advisor to working in startups and spearfishing. They delve into the challenges of making career pivots and the importance of unlearning limiting beliefs. Jon also talks about his experience as a stay-at-home dad and the impact it had on his business. They explore the balance between career goals and prioritizing experiences, and the val...