Are you the architect of your business or are you an employee in it? If you’re the social media coordinator, back bar manager, and errand runner you might want to take a listen to this episode where hosts Jason Everett and Doug Campbell explain how to value up your time and grow your salon while doing it.
Takeaways
1:45 - The kiss of death in salon ownership
3:08 - Capacity limitations
4:12 - The buying back principle
6:20 - Giving employees the opportunity to rise
13:00 - The confidence game
15:00 - Capacity bottlenecks
21:00 - The “hit by a bus” plan
Quotes
“If I’m not behind the chair, can I really fill a full time schedule?” Jason Everett (2:25)
“You’re the architect of your business.” Doug Campbell (4:24)
“In the beginning, you’re doing it all” Doug Campbell (5:58)
“How many people do I need to put in place to generate the revenue to replace me as I pull out” Doug Campbell (13:28)
“The hour or two that you spend with them will be worth hundreds of dollars later.” Jason Everett (14:20)