Future Plans For Expansion & Scaling Made Renovation

Maid Renovation's founder plans to remodel one million rooms per year within a decade, letting homeowners pick a room type and renovate with one click. The company will expand from bathrooms into kitchens, yards, and fences, and sell tools to designers and builders. Even capturing 10% of this vision could hit a $1 billion valuation.
So you did kind of mention, you know, it's kind of being, you know, the focus being so vertical, right? And so specific as far as, you know, bathroom renovations, which then sounds like such a big market opportunity. But, you know, what does the future of Maid Renovation kind of look like, say, you know, 5, 10 years from now?
So our 10-year plan is to remodel 1 million rooms a year. And we essentially want any homeowner to be able to visit our website, push a button, and remodel any room in their home. And room is the term we use broadly for vertical, right? So for example, there's a company that does fence remodeling, push a button, remodel your fence. There's a company that does yard remodeling called YardZen, push a button, remodel your yard. These are all great businesses. Eventually, we'd like to buy, build, or partner with all of those and be the one-stop shop for any home improvement that you'd like to do. We've already had conversations with some of those. We don't have time to do these verticals now. I mean, it's gonna take us time to launch these. Took us time to launch bathrooms, and it's been a wrestling match just to get that right. But next year we'd like to launch our next vertical. We're thinking kitchens, but there's other ideas there. So I think it's like the future looks like expand until we hit every vertical, expand till we hit every market. And then I think there's a third dimension of expansion, which you could think of as the— as how we reach the customer. So today it's like very D2C, but another whole dimension would be selling through local designers, selling through local architects, selling through a builder. So if I'm a customer and I find a builder, can that builder use Maid Renovations tools to complete the project? So right now you can't, that's not how it works. The builder can't use our tools. Like we have to use our tools. They're not productized. So that's, I would say, another dimension. And if we can do even 10% of what I said, we're worth at least $1 billion.
Yeah, definitely. That sounds like such a huge opportunity and market. So yeah, I mean, what do you see as kind of, I'm just kind of curious, you know, what do you see as some of the kind of challenges though, you know, as you scale when it comes to To operating it as a marketplace, maybe specifically?
We're not supply constrained right now. We haven't seen that as kind of a scaling challenge. We're not supply constrained because we're so bad at demand. We're so bad at like marketing and, you know, a lot of the challenges I mentioned earlier around going direct to consumer. But I think it should be supply constrained. And that's what I explained at the outset of the call. builders are getting older, or also this country has terrible immigration policy. So a lot of great Mexican, Irish, Persian immigrants that want to come in and are actually incredible trades workers and craftspeople, we don't want to let them in the country because we're xenophobic. So you've got these immigration issues where we could actually— I think it's like if Americans don't want to get into construction and the trades, and we're not letting people in, then the supply's eventually just going to dry up entirely. So that will be a problem down the road. And I think we will have to, as a business, I think we're going to have to step into that area, potentially start our own trade schools, lobby for immigration reform. We're eventually going to have to do that, but that's like 5 to 10 years down the road. Now the problem is like we're still soaking up like all the builders in the markets that we're in, and we've got a long way to go for that, and we need to solve some of these demand challenges. So that's, I think, more where we're constrained, and that's like, you know, that and kind of nailing our model is probably the bigger focus.
More from Max

B2B Marketplaces In The Age Of AI With Sonia Nagar From SNAK Venture Partners | EM Group Chat #216

Insights From Investing In DoorDash With Saar Gur From CRV | EM Group Chat #215

Starting & Scaling Fora As A Leading Travel Marketplace With Evan Frank | EM Group Chat #214

Marketplace Investor Insights With Andrew Blachman From Marketplace Capital | EM Group Chat #213

Deep Dive Into ResortPass As A Leading Marketplace With Michael Wolf | EM Group Chat #211

Masterclass On Marketplaces In The Age Of AI With Fabrice Grinda From FJ Labs | EM Group Chat #209




