Скачать или смотреть From Employee to PG Business Owner, A Shocking Journey!

Thinking about leaving your 9-to-5 and starting your own business? This inspiring story of a couple who transitioned from corporate jobs to building a thriving co-living business in just 6 months will show you how it's done. Discover how they identified opportunities in the Indian rental market, overcame challenges, and scaled their business to manage 8 properties in record time. Whether you're an aspiring entrepreneur, a student, or a working professional dreaming of financial independence, this video is packed with actionable insights to kickstart your journey. Don't miss out—your entrepreneurial dream awaits!

00:00:00 - Introduction and Background
Host introduces the founders of Home Clone, Ashish and Monika.
Discussion about their backgrounds and the inspiration behind starting Home Clone.

00:02:13 - The Indian Co-Living Industry
Overview of the co-living industry in India and its growth.
Importance of supporting aspirational individuals through better living solutions.

00:03:43 - Journey Before Home Clone
Ashish and Monika share their professional backgrounds in mechanical and IT fields.
Insights into their decision to start a co-living business.

00:07:24 - Starting Home Clone
Transition from jobs to full-time entrepreneurship.
Challenges faced in the initial setup of the business.

00:09:51 - Vision for Home Clone
Long-term goals and focus on building hostels and boutique co-living spaces.
Key milestones achieved since launching in August 2023.

00:13:03 - Daily Operations and Challenges
Balancing property management, tenant satisfaction, and personal responsibilities.
Insights into maintaining high-quality standards and handling operational challenges.

00:14:40 - Steps to Start and Sustain a Co-Living Business
Detailed explanation of acquisition, furnishing, and operational cost calculations.
Reverse engineering for pricing and profit margins.

00:18:49 - Home Clone’s Unique Selling Proposition (USP)
Emphasis on transparency, tenant satisfaction, and personalized services.
Key differentiators from other co-living operators.

00:23:14 - Common Challenges with Tenants
Examples of tenant behaviour and ways to address recurring issues.
Importance of setting clear expectations and maintaining open communication.

00:27:15 - Changes in the Co-Living Market Over 10 Years
Evolution of rental prices, safety standards, and tenant expectations.
Introduction of GST and digitization in the industry.

00:30:20 - Competition with Funded Brands
Perspective on competing with large, funded co-living brands.
Advantages of maintaining transparency and a personalized approach.

00:33:52 - Importance of Digitization
Streamlining processes like police verification, rent collection, and receipts.
Enhancing operational efficiency and tenant experience through technology.

00:36:01 - Funny and Memorable Tenant Stories
Anecdotes about challenging tenant situations and how they were resolved.
Maintaining humor and professionalism in difficult scenarios.

00:38:55 - Tenant Retention and Security Deposits
Strategies to retain tenants and address security deposit issues.
Collaboration with partners to provide tenant-friendly solutions.

00:41:50 - Balancing Personal and Professional Life
Challenges of running a family business and maintaining work-life balance.
Plans to resolve current challenges as the business scales.

00:42:51 - Vision for 2025
Goals to expand Home Clone to other cities with premium properties.
Aspirations to establish a grand hotel in the future.

00:43:40 - Closing Remarks
Host shares best wishes for Home Clone’s success and continued growth.
Final thoughts on the importance of tenant satisfaction in co-living spaces.


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