In this episode of the Standard Podcast, hosts KC and Amanda Miller delve into the intricacies of creating a thriving salon culture. They discuss the importance of building a community that extends beyond the stylists to include clients, emphasizing the role of personal connections and mentorship in fostering growth and success. The conversation highlights the significance of clear communication, team-building activities, and setting actionable goals to ensure a supportive and dynamic environment.

In this episode of The STANDARD podcast, host Amanda & KC Miller dive into the realities of the "work less for more" trend in the hairstyling industry. Amanda discusses the challenges new stylists face when trying to build their clientele while balancing the desire for a flexible schedule. She emphasizes the importance of understanding the financial aspects of booth renting, the necessity of discipline, and the role of strategic scheduling in achieving long-term success. Tune in to gain insights on how to effectively scale your business and maintain a healthy work-life balance.

In this episode of The Standard Podcast, Amanda Miller discusses the differences between high earners and low earners in the salon industry, focusing on the transition from commission to booth rent. She explores the characteristics of Type A and Type B stylists, emphasizing the importance of understanding service dollars, client retention, and the financial implications of booth rent versus commission. Amanda shares insights on building a successful career, the significance of marketing oneself, and the challenges of managing expenses and taxes.

Takeaways

• Understand the difference between high earners and low earners in the salon industry.
• Recognize the characteristics of Type A and Type B stylists.
• Learn the financial implications of transitioning from commission to booth rent.
• Importance of understanding service dollars and client retention.
• Marketing oneself is crucial for success in the salon industry.
• Managing expenses and taxes is a significant challenge for booth renters.
• Building a successful career requires hustle and dedication.
• Client retention is key to long-term success.
• Setting realistic financial goals is essential for growth.
• The transition to booth rent should be carefully planned and timed.

Chapters

• 00:00:00 Introduction to Salon Earnings
• 00:00:00 Characteristics of Type A and Type B Stylists
• 00:00:00 Financial Implications of Booth Rent
• 00:00:00 Marketing and Client Retention
• 00:00:01 Managing Expenses and Taxes
• 00:00:01 Building a Successful Salon Career