244: MyClean - Former Banker Bootstrapped a $20K investment into a $9M Tech Startup - a podcast by Neil C. Hughes

from 2017-04-25T20:01:03

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Michael Scharf left his comfortable, investment banking career to co-found MyClean. Bootstrapping a $20K website investment into a $9M company is an amazing achievement on its own.

MyClean has over 200 cleaners and 20 office staff employees, has completed more than 375,000 home and office cleans since launching and averages over 2,000 cleans a week between NYC and Chicago.

Michael also runs his company with a lot of non-traditional practices such as:

  • Never accepting VC money
  • Exclusively hiring W-2, full-time with benefits employees (the industry norm is 1099 contract workers because 1099 labor is significantly more cost-effective)
  • Putting people before technology

 

 

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