What the Hell Is a Salon "Profit"
Jul 12, 2021•25 min
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
Takeaways:
03:35 - How you should be paying yourself as an owner still working behind the chair
8:44 - The mistake of bringing shareholders in too early
14:17 - What percent of salons actually take some profit
21:49 - The financial and the creative partner
Quotes:
“Do you have a wealth mentality or do you have a poverty mentality?” (Doug Campbell)(02:43)
“What would it cost for you to replace yourself with another person?” (Jason Everett)(8:36)
“Otherwise you have something that is not really a business, you have a job that you own.” (Doug Campbell)(13:30)
“The reason you got in was to make money, so let's protect that money right off the bat.” (Doug Campbell)(17:26)
Links Mentioned:
High Performance Salon Website
Join our FREE FB Community
For the best experience, listen in Metacast app for iOS or Android