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197. From Franchise Burnout to a Meaningful Childcare Business with Jay Shah of Marigold Academy
Manage episode 482916250 series 3440552
In this episode, Neel sits down with Jay Shah, a former Dunkin Donuts franchisee who transitioned into the childcare industry by founding Marigold Academy. Jay shares his journey from the corporate grind to purpose-driven entrepreneurship, emphasizing the importance of early childhood education. He discusses the business model of Marigold Academy, the balance between passion and profitability, and the significance of building a supportive culture for teachers. Jay also highlights the ideal franchisee profile and the future growth plans for Marigold Academy.
Takeaways
- Jay transitioned from Dunkin Donuts to childcare inspired by his daughters.
- Childcare is a high-demand industry with strong unit economics.
- Passion should be balanced with profitability in business.
- Surrounding yourself with mentors is crucial for success.
- Creating a positive culture helps retain quality teachers.
- Marigold Academy focuses on advanced curriculum for early education.
- Childcare can provide predictable recurring revenue.
- The ideal franchisee often comes from a corporate background.
- Operational complexity can impact business satisfaction.
- Jay emphasizes the importance of giving back to aspiring entrepreneurs.
Thanks for tuning in! If you enjoyed this episode, don't forget to like it, leave a comment and subscribe to our podcast for more amazing content.
Want to stay connected?
Follow me on social media for updates and behind-the-scenes insights:
➙ Visit www.maidthisfranchise.com
➙ Instagram: @neelbparekh
➙ X (Twitter): @neelbparekh
➙ YouTube Channel: @neelbparekh
Find out more about Jay and Marigold Academy:
➙ Website: https://marigoldacademy.com/
➙ LinkedIn: https://www.linkedin.com/company/marigold-academy
➙ Facebook: https://www.facebook.com/marigoldacademyfranchise
198 episodes
197. From Franchise Burnout to a Meaningful Childcare Business with Jay Shah of Marigold Academy
The Freedom Formula Podcast: Achieving Financial, Location and Time Freedom
Manage episode 482916250 series 3440552
In this episode, Neel sits down with Jay Shah, a former Dunkin Donuts franchisee who transitioned into the childcare industry by founding Marigold Academy. Jay shares his journey from the corporate grind to purpose-driven entrepreneurship, emphasizing the importance of early childhood education. He discusses the business model of Marigold Academy, the balance between passion and profitability, and the significance of building a supportive culture for teachers. Jay also highlights the ideal franchisee profile and the future growth plans for Marigold Academy.
Takeaways
- Jay transitioned from Dunkin Donuts to childcare inspired by his daughters.
- Childcare is a high-demand industry with strong unit economics.
- Passion should be balanced with profitability in business.
- Surrounding yourself with mentors is crucial for success.
- Creating a positive culture helps retain quality teachers.
- Marigold Academy focuses on advanced curriculum for early education.
- Childcare can provide predictable recurring revenue.
- The ideal franchisee often comes from a corporate background.
- Operational complexity can impact business satisfaction.
- Jay emphasizes the importance of giving back to aspiring entrepreneurs.
Thanks for tuning in! If you enjoyed this episode, don't forget to like it, leave a comment and subscribe to our podcast for more amazing content.
Want to stay connected?
Follow me on social media for updates and behind-the-scenes insights:
➙ Visit www.maidthisfranchise.com
➙ Instagram: @neelbparekh
➙ X (Twitter): @neelbparekh
➙ YouTube Channel: @neelbparekh
Find out more about Jay and Marigold Academy:
➙ Website: https://marigoldacademy.com/
➙ LinkedIn: https://www.linkedin.com/company/marigold-academy
➙ Facebook: https://www.facebook.com/marigoldacademyfranchise
198 episodes
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