How To Become A Successful Salon Owner (The 3 Key Elements That Will Make You Profitable)

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How do you become a successful salon owner? Well, the problem with learning how to be successful is that people’s definitions of success are all over the place. In this video, I share three important measures that you should aspire to if you want to run a profitable business.

The thing is, there are some people who really don’t care what their salon looks like so long as they own a salon. However, at our academy, we have certain things that we feel are important indicators of success. Although you need to fulfill what your personal definition of success is, here are three general guidelines that can help shape what success looks like for you.

The first thing is that you are able to choose when you want to work behind the chair. Maybe you enjoy working with guests, and maybe not. Either way, learning how to be successful means giving yourself the flexibility to be able to make that decision for yourself.

Second, with a successful salon, you should be able to pay yourself an owner’s salary for all of the extra duties that you have to do. All of the extra time spent on the business should be compensated.

The third thing that is really important is taking home a profit, separate from what you’re paid behind the chair or from your owner’s salary. This is the money you get from your shareholding.

Decide how much money you want to make from each of these three roles, and that will be your definition of a successful salon. But whatever goals you choose for yourself, make sure they're based on your own true desires. At the end of the day, only you will know how to be successful based on your definition.

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