Episodes
Tuesday Feb 13, 2024
110: Purpose Driven Capitalism with Palash Desai
Tuesday Feb 13, 2024
Tuesday Feb 13, 2024
“I just want to be known as a good guy.” – Palash Desai
Most Ivy League business school graduates turned Silicon Valley execs aren’t known for their big hearts. Big profits, yes, but compassion & love for others take a distant back seat.
Not so with Palash. In the middle of a very lucrative engineering career, he dropped it all to buy a two-person cleaning company in Charlotte, NC.
Did he love cleaning? No. Was Charlotte home? No again. But that tiny cleaning company offered Palash a unique opportunity: to build a highly profitable & sustainable business that could address income inequality in a city known for lacking social mobility.
Purpose-driven capitalism. That’s the heart of The Organic Maids, which now employs over 30 cleaning professionals making more than the average new college graduate -- bringing people out of poverty & changing their families’ & communities’ futures.
That’s the work of a very good guy.
Palash must have been listening when Leonardo DaVinci said, “Make your work to be in keeping with your purpose.”
Connect with Palash on LinkedIn and check out The Organic Maids.
Comments (1)
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Is the business model to target customers who want to pay more to feel good about the higher labor costs and so much so that it also yields higher profits? Or are there somehow efficiencies that reduce the time spent per house and/or the service provided?
Tuesday Feb 20, 2024
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