I’ve seen incredibly talented hairstylists leave this industry—not because they weren’t good at hair, but because they were financially blindsided.

I almost did too.

In this episode, I’m talking about the financial mistakes I see hairstylists make over and over again—the same ones I made myself while I was busy working behind the chair, trusting the wrong systems, and not fully understanding my numbers.

This conversation isn’t meant to scare you or shame you. It’s meant to protect you.

Hairstylists are some of the most creative, service-driven, and generous people I know. But we’re often undereducated financially, trusting by nature, and so focused on working in our business that we don’t slow down to truly understand what’s happening behind the scenes.

• Why so many talented hairstylists struggle financially despite working nonstop

• A personal story about trusting a CPA without fully understanding my finances—and the fallout that followed

• Why being “too busy” can quietly put your business at risk

• The difference between trusting someone and understanding your own numbers

• Why not all CPAs are the right fit for hairstylists

• What to look for in a CPA who understands commission, booth rent, write-offs, and variable income

• The importance of separating your money—and a simple way to do it

• Why having separate accounts for business, taxes, and savings creates peace instead of panic

• How financial clarity builds confidence, stability, and longevity behind the chair

If you’ve made any of these mistakes, please hear this: you’re not bad with money, and you’re not failing. Most of us were never taught this part of the business.

I made these mistakes too—and I learned the hard way that trust is good, but understanding is better.

This episode is an invitation to slow down, take an honest look at where you are, and start building stability instead of just getting by.

Before you move on to the next episode, I encourage you to reflect on a few questions:

• Do you actually know your numbers?

• Are you prepared for tax season?

• Are you building a business that feels stable—or just surviving month to month?

You don’t have to become a financial expert to succeed in this industry—but you do need enough awareness to protect yourself and your future.

Thanks for listening, and for being willing to have these important conversations behind the chair.

Ways to Work with Sherri

Fill Your Chair Strategy Call (1:1 Coaching – 1 Hour) Feeling stuck, starting out, or rebuilding your clientele? This personalized strategy call is designed to help you gain clarity, direction, and a clear next step to start filling your chair with the right clients. 👉 https://www.onpointhairbysherri.com/call

Cutting with Confidence – My Signature Haircutting Course Learn the fundamentals, artistic disciplines, and consultation skills you need to cut hair with confidence and build a fully booked chair. 👉 https://www.onpointhairbysherri.com/cutting-with-confidence

Get My Weekly On Point Pro Tips A weekly dose of inspiration, mindset shifts, business tips, and behind-the-chair wisdom. 👉 Free Pro Tips

Visit My Website Explore all my free resources, courses, tutorials, and mentorship options. 👉 https://www.onpointhairbysherri.com

Email Me Directly Have a question or need guidance? 👉 sherri@onpointhairbysherri.com

Join a supportive community of hairstylists that are looking for guidance and support while building a successful business working behind the chair at the free Facebook Group: Client Building Support for Hairstylists Want support while building your clientele? I’ve created a private Facebook group for hairstylists who want clarity, confidence, and real strategies behind the chair. 👉 Request to join here (please answer the 3 questions): Client Building Support for Hairstylist