” The keys to overcoming too many valleys is to learn from your mistakes and move on with determination.” – Jon Gonzales
Owning your own business can be very challenging in today’s tough economy. Salon owners must wear many hats, business man or woman, managing people, finding ways to gain more customers, motivating staff, combating rising business costs, new laws on minimum and overtime requirements,overcoming the many challenges of salon ownership, lack of time, all the while working 10-12 hours behind the chair trying to survive the many peaks and valleys of salon ownership. The list goes on and on
In spite of these challenges, there are many benefits to owning your own business; more income, fulfillment, the challenge as well as the joy of ownership, allowing you to maximizing your full earning potential, and the feeling that the sky’s the limit; anything is possible if you believe.
The following tips will help you meet the many peaks and valleys of salon ownership:
Developing Your Business Skills: you spent the majority of your life developing your artistic skills, now it’s time to develop your business skills. Lack of business management skills is the leading cause of business failure. Start by attending as many business classes as possible.Learn to work smarter,not harder.
Organization and Structure — learn to manage your salon and staff instead of them managing you. Learn to delegate and organize and structure your business. Clearly define your expectations so you and your team have a road map to higher levels of excellence.
Hard Work — nobody said owning a business would be easy, if you don’t have a passion for growing and managing a business you will fail.
Developing Your Championship Team — the inability to hire the right staff is one of the leading causes of in salon turmoil. Make sure you hire people that share your vision and goals. My book Creating Your Salon contains a chapter on Staff Development. Click here
Overcoming Setbacks — yes you will endure many obstacles and challenges to growing your business. Learn from your mistakes and move on.Help help me in my efforts to form a united front in combating the deep rooted obstacle that are affecting our profession,our salons, and our standard of living.
Balance — there is a time for business and a time for fun and family. Your challenge is to find that balance. I formed Hairdresser Career Development Systems to help ease the heavy burdens of owning a business.
Finding Quality Education and Information —learning how to own a successful business by trial and error is just too costly. Find quality education and information so you can make informed decisions based on fact, not guesswork.
Seek Out Help — especially in the business aspect of salon ownership. Find people who have probably have met and overcome many of your challenges. Look for people who have owned successful salons, learn from their experiences.
Think Outside the Box as an Entrepreneur— In today’s changing business climate , think like an entrepreneur always searching for new ideas on ways to build your business.
I formed Hairdresser Career Development to help you meet and overcome these challenges with confidence. Click Here
In conclusion, I do hope that you will join me and your fellow salon owners on our 7 day Salon Owners Conference to the Caribbean. I need your support if we are to unite as professionals, and make this industry more responsive to our educational needs. Click here.