Prosper and Profit

Prosper and Profit

By Laura O'HaganBusiness
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Prosper and Profit episodes

  • 122 - Take a Peek Behind The Scenes With Me
    Something has been shifting behind the scenes in my business and today I'm bringing you in on it, including a short break from this podcast.
    What we cover:
    - Why I've been talking about redefining what success actually looks like for a salon
    - The iceberg I use to explain why a busy, beautiful salon doesn't always mean a financially healthy one
    - Why we've closed our current program to new clients this month
    - What a full knockdown rebuild of how we work with clients actually involves
    - The real reason so many salon owners get stuck even when they already know what to focus on
    Plus: what's happening with the podcast for the rest of September, and how to be first in line when the new program opens.
    Want to be one of the first to know, join the waitlist here: https://laurajohagan.com/salon-in-control/
    Want to be the first to know when it opens? Send me a DM on Instagram @laurajohagan and say wait list, I'll get you sorted.
    I'll be back in your ears in October. Until then, come find me on Instagram @laurajohagan.
    20 min
  • 121 - The More Successful Your Salon Looks, the Harder It Can Be to Admit Something Is Wrong
    I talk to salon owners all the time who look like they have completely made it. Beautiful space, full books, revenue climbing every year. And privately, they are lying awake worried about money. If that is you, this episode is for you.
    What we cover:
    - Why looking successful and actually being financially successful are two very different things
    - The traditional markers everyone uses to judge a salon's success, and why they do not tell the whole story
    - The quiet signs that your salon might not be as financially in control as it looks from the outside
    - Why the way you managed money in a smaller salon might not work anymore now that you have grown
    - Something new I have been building behind the scenes to redefine what a truly financially healthy salon actually looks like
    Plus: the questions I want you to ask yourself this week to find out if your salon is really working for you, not just everyone else.
    Ready to make this the year it's different? Apply to work together here: laurajohagan.com/apply/
    Or come and connect on Instagram @laurajohagan
    27 min
  • 120 - Why Smart Salon Owners Keep Making Expensive Business Decisions
    We just hit episode 120, and I want to talk about something I see over and over with smart, capable salon owners: decisions that feel completely logical in the moment but turn out to be really expensive once the dust settles.
    What we cover:
    - Why being fully booked doesn't automatically mean it's time to hire
    - The real reason "we're at capacity so we need a bigger space" so often backfires
    - How to tell if a new service or piece of equipment will actually move your business forward
    - What an underperforming team member might really be costing you
    - Why cash sitting in the bank isn't the green light it feels like
    Plus: the three questions I run every decision through before I'll call it a smart investment instead of an expensive mistake.
    Ready to make this the year it's different? Apply to work together here: laurajohagan.com/apply/
    Or come and connect on Instagram @laurajohagan
    28 min
  • 119 - The Salon Owner Who Looks Successful From the Outside
    I want you to think of a salon you follow on Instagram, one where it looks like the owner has absolutely made it. Now imagine sitting down with her privately and hearing what's actually going on behind the scenes.
    What we cover:
    - Why the version of success everyone else can see isn't the same as the version that actually matters to you
    - The specific things I hear from salon owners once the external wins stop translating to how they actually feel
    - Why comparing yourself to another salon is comparing yourself to a house you've never been inside
    - Why hitting the next revenue number hasn't fixed it for most of our clients, and what tends to happen instead
    - The questions I ask every client in our very first session together, and why so many of them have never let themselves answer honestly
    Plus: what "enough" really means, and why a bigger business isn't always a better one.
    Ready to make this the year it's different? Apply to work together here: laurajohagan.com/apply/
    Or come and connect on Instagram @laurajohagan
    23 min
  • 118 - Why Fixing Your Finances Can Feel Worse Before It Feels Better
    I say this to almost every client who works with us, and I realized I'd never actually said it on the podcast. So today I'm fixing that.
    What we cover:
    - Why fixing your finances can feel worse before it gets better
    - The two tracks that have to move together, and why one on its own won't get you there
    - Why the first few weeks are the worst possible time to judge whether it's working
    - The tunnel I ride through with clients (literally) when they want to quit
    - What to actually do when you feel the squeeze, and what not to do
    Plus: the timeline I give every client for when things start to feel different.
    Ready to make this the year it's different? Apply to work together here: laurajohagan.com/apply/
    Or come and connect on Instagram @laurajohagan
    23 min
  • 117 - Mindset Minute: The One Habit You're Skipping Because It's Boring
    What if the thing standing between you and a genuinely profitable salon isn't some big strategy you're missing, but one boring habit you keep skipping?
    What we cover:
    - The one boring habit almost every client of mine skips before we start working together
    - Why boring, repeatable things are actually what creates real transformation
    - The unglamorous process I install with every new client in their first 30 days
    - What clients say happens once this one thing is finally in place
    - How to reframe "boring" so you actually stick with what works
    Plus: the Vegemite sandwich story that explains exactly why we avoid the boring stuff in the first place.
    Ready to make this the year it's different? Apply to work together here: laurajohagan.com/apply/
    Or come and connect on Instagram @laurajohagan
    11 min
  • 116 - Your Salon's Biggest Year Ever (And Why It Might Be Lying to You)
    I want you to imagine having your biggest financial year ever and still opening your banking app and asking yourself WTF. If that's you, this episode is for you.
    What we cover:
    - Why your biggest revenue year ever might not have felt like it
    - The real story behind a multi-six figure salon owner who looked fully booked and successful but was secretly drowning in debt
    - Why growing your revenue doesn't automatically grow what lands in your pocket
    - The simple exercise with just a few numbers that shows you exactly where your money has actually gone
    - Why this isn't a sign you're bad with money, and what's really going on instead
    Plus: the specific comparison I want you to run between your last two financial years, and why the answer might surprise you.
    Ready to make this the year it's different? Apply to work together here: laurajohagan.com/apply/
    Or come and connect on Instagram @laurajohagan
    30 min
  • 115 - What If Your Salon Is Losing $2,000 Every Month... And You Don't Even Know It?
    If your salon was losing $2,000 every single month, would you actually know? I sit down this week (croaky voice and all) to ask the question most salon owners never stop to consider.
    What we cover:
    - Why most salon owners don't actually have a revenue problem
    - The visual I use that changes how you'll think about profit leaks for good
    - Why busy might be the most convincing disguise in your business
    - The phrases salon owners say to themselves that quietly cost the most
    - What actually separates the salons that build real wealth from the ones that don't
    Plus: details on a live, in-person workshop coming up where we go hunting for exactly where your profit is leaking.
    Ready to make this the year it's different? Apply to work together here: laurajohagan.com/apply/
    Or come and connect on Instagram @laurajohagan
    17 min
  • 114 - Your Accountant Just Called. You Owe The ATO More Than You Thought
    Your accountant just called to update you on your tax bill. The number is way bigger than you were expecting. Before you spiral into panic or start blaming anyone, I want to talk about why this happens every single year and what to actually do about it.
    What we cover:
    - Why a bigger than expected tax bill is never actually a surprise, even though it feels like one
    - The real reason your profit and your bank balance never seem to match up
    - Why blaming your accountant is missing the real issue entirely
    - What separates business owners who pay their BAS in full from those who don't
    - The simple weekly habit that turns tax time into a non-event
    Plus: a client story about what happens the moment tax stops feeling like a crisis.
    Ready to make this the year it's different? Apply to work together here: laurajohagan.com/apply/
    Or come and connect on Instagram @laurajohagan
    19 min
  • 113 - Use The New Financial Year As Your Reset Button
    New financial year, new energy but if nothing in your business actually changes, neither will your results. In this episode, I walk through five things you can reset in your salon now to set yourself up for better profit and performance.
    What we cover:
    - Why your relationship with numbers might be quietly working against you
    - The shift in how you plan for money before it lands in the bank
    - What's really happening to margins right now, and why
    - The one financial number worth tracking before any other
    - Why this unexpected thing might be the missing piece in your week
    Plus: the real reason business transformation rarely happens overnight and what actually drives lasting change.
    Ready to make this the year it's different? Apply to work together here:https://laurajohagan.com/apply/
    Or come and connect on Instagram @laurajohagan
    22 min

About Prosper and Profit

From the publisher's feed

Helping 6+ 7figure Salon + Clinic Owners manage Cashflow, make more money and increase profit