EPISODE · Jul 21, 2026 · 12 MIN
10. PoF: Why 90% of Home Service Businesses Never Hit $100k
from The Freedom Formula Podcast: Achieving Financial, Location and Time Freedom · host Neel Parekh
The 4 Stages of Making $100k+ in a Home Service Business (nobody teaches this)There are 4 stages to running a home service business - and 90% of people get permanently stuck in the first two.If you don’t know what stage you’re in or what to focus on next, you can grind for years and never break past the same revenue.I know this because I’ve spent the last 12 years building a completely remote cleaning business, and today it does over $100k a month while I work about 5 hours a week.Discovering these 4 stages completely changed how I ran the business.So in this video, I’m breaking down each stage, the numbers you need to hit, and the biggest mistakes that keep most home service businesses trapped.I’ll use cleaning business examples, but these principles apply to any home service - so let’s get into itConnect with me • X (Twitter): https://x.com/NeelBParekh • MaidThis Franchise info: https://maidthisfranchise.com/ • MaidThis on X: https://x.com/MaidThis• My local business: https://maidthis.com
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10. PoF: Why 90% of Home Service Businesses Never Hit $100k
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