In this episode, we’re diving into a topic that many hair and beauty business owners face: burnout. As entrepreneurs, it's easy to focus on the business goals, financial aspirations and growth, but how do you balance all of that with your personal well-being?

Recently, I've had a number of conversations with both prospective and current clients about burnout and I wanted to share insights and strategies to help you avoid burnout while maintaining and growing your business sustainably.

What to expect:

Real stories from clients who've faced burnout and found a new way to approach their business.

The connection between time management, mindset and financial health in preventing burnout.

Why setting boundaries and breaking free from people-pleasing habits are key to your success.

How to distinguish between temporary busy periods and long-term unsustainable work habits.

Tips on making your business financially rewarding while also keeping it sustainable.

I also open up about my own experiences balancing client work, business growth and personal well-being as a mostly solo operator. It's not always easy but with the right mindset and strategies, you can build a business that thrives without burning yourself out.

If you're feeling overworked, underpaid or just exhausted, this episode is for you. Let’s explore how you can build a business that’s both profitable and sustainable.

Tune in to learn how to avoid burnout, create balance, and achieve long-term success in your business.

Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call

Ready to Prosper and Profit? Let's dive in.

Loving the podcast? If this podcast is providing value to you, please leave a 5-star review.

Connect with Laura

Website: www.laurajohagan.com

Email: [email protected]

Instagram: www.instagram.com/laurajohagan

Want to make more profit in the business you already have?

Of course!

This week on Prosper and Profit we're looking at profitability hacks that are really small tweaks you can make in your salon that create big results. These aren't massive overhauls or an overwhelming never ending list of things you could do, just practical, easy-to-implement shifts that can make a real and fast impact on your bottom line.

I’ll walk you through the hidden costs that often go unnoticed but can add up to thousands in lost profit and share real life stories and client examples. Just recently a salon owner client of mine found $60,000 in annual savings through small adjustments. Imagine what you could do with that! Let's look at the small steps that can compound into huge financial gains.

In this episode, we’ll cover:

Simple, actionable tips to boost your profitability.

Why growing your business doesn’t always mean more profit.

Real client examples of how small savings can lead to big results.

If you’ve ever felt like you’re working hard but not seeing the financial rewards, this episode is packed with strategies to help you turn that around. Let's make your business more profitable, without working more hours!

Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call

Resources discussed in this episode:

Take the Pricing for Profit Class here: https://laurajohagan.com/pricing-for-profit/

Authentic Selling in your Spa with Briony De La Fontaine: https://podcasts.apple.com/au/podcast/015-authentic-selling-in-your-spa-enhancing-client/id1737309216?i=1000660714575

Getting the Most Out Of Every Hour in your Spa Salon or Clinic https://podcasts.apple.com/au/podcast/014-getting-the-most-out-of-every-hour-in-your-spa/id1737309216?i=1000659974472

Ready to Prosper and Profit? Let's dive in.

Loving the podcast? If this podcast is providing value to you, please leave a 5-star review.

Connect with Laura

Website: www.laurajohagan.com

Email: [email protected]

Instagram: www.instagram.com/laurajohagan

The Hidden Cashflow Trap: Are You Overpaying Yourself and Hurting Your Business Growth?

In this episode, we’re tackling an issue that doesn’t get enough attention but can seriously slow down your business growth - overpaying yourself. It’s something that most business owners don't naturally think about and can be hard even to realise it's happening, but it can really put a kink in your cashflow and constrain your business's ability to make necessary payments as well as grow.

Let's dive in and explore why this happens, how it affects your business and, most importantly, what you can do to fix it. I’ll also share real life client examples and the signature style of personal stories and practical tips to help you avoid cutting off the life blood in your business and make sure you are set up for success. Let’s make sure you’re setting yourself up for success!

Ready to Prosper and Profit? Let's dive in.

Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call

Connect with Laura

Website: www.laurajohagan.com

Email: [email protected]

Instagram: www.instagram.com/laurajohagan

Cashflow. Revenue. Profit. Monthly Recurring Revenue.

There are a lot of terms thrown around out there and it can be confusing.

In this episode, I explore the often misunderstood concepts of cashflow and profit. Inspired by a conversation with a client, we look at what these all mean and how these terms, though related, are not interchangeable.

We look at the definition of cashflow and profit and the distinctions between them. I give a real-life Beauty Business client example and we'll examine how recurring revenue impacts both cashflow and profit—and why they must be evaluated separately.

You'll learn:

- What cashflow means for your business and why it's vital for survival.

- The difference between revenue and profit and why more sales don't always mean more profit.

- How monthly recurring revenue (MRR) from memberships can affect your bottom line and potential pitfalls if not managed correctly.

- The importance of pricing your services profitably, especially when implementing membership models.

Ready to Prosper and Profit? Let's dive in.

Loving the podcast? If this podcast is providing value to you, please leave a 5-star review.

Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call

Connect with Laura

Website: www.laurajohagan.com

Email: [email protected]

Instagram: www.instagram.com/laurajohagan

Want to market your Hair or Beauty business more powerfully?

In this episode, we welcome Hazal, a corporate marketer turned marketing and business coach with over 10 years of experience.

Hazal is dedicated to helping ambitious entrepreneurs authentically and confidently scale their businesses, using her signature Self, Strategy, and Systems framework. As the founder of Hey Hazal and the host of the top-charting Self-Makers Podcast, she has guided her clients to achieve remarkable results, including multi-6 figure quarters, 13x profit increases and fully booking their services.

Join us as Hazal shares her expert insights on how businesses with physical locations can leverage online marketing to stand out and attract more clients.

We explore:

- The critical role the online world plays in marketing for brick-and-mortar businesses.

- Unique considerations for business owners who focus their marketing efforts locally.

- The most effective marketing strategies for Spa, Salon and Clinic owners.

- The difference between reach channels and nurture channels and how you can use them.

- Key content and communication strategies for physical businesses.

- How to create content that resonates and differentiates your services from competitors.

- The importance of messaging and how to refine it to attract your ideal clients.

And so much more. Grab your coffee, and headphones and buckle up because this is an episode you don't want to miss.

Hit play and let's dive in.

Listen to our conversation on Hazal's podcast

Apple: https://podcasts.apple.com/gb/podcast/65-how-to-confidently-manage-cash-flow-at-any-stage/id1671302161?i=1000654956990

Spotify: https://open.spotify.com/episode/5oEQYJkatS9loSOpd41yUk?si=FrMq7bdaQbSFdenKsVbisA

About Hazal:

Meet Hazal a seasoned corporate marketer with 10 years of experience who transitioned into a marketing and business coach. She specializes in helping ambitious entrepreneurs scale their businesses with authenticity and confidence, all without feeling like they're faking it.

Hazal’s unique approach, the Self, Strategy, and Systems framework, has empowered countless clients to achieve extraordinary results.

As the founder of her coaching company, Hey Hazal, she has guided entrepreneurs to reach multi-6-figure quarters, boost profits by 13x, leave their 9-5 jobs, go viral, and book out their businesses. More importantly, her clients have been able to create thriving, easy, and authentic online businesses that align with their true selves.

Hazal is also the creator and host of the top-charting podcast, The Self-Makers Podcast, where she shares her insights and interviews with other industry experts, helping even more entrepreneurs on their journey to success.

Connect with Hazal:

50 Instagram Hooks: https://heyhazal.com/50-instagram-hooks

Instagram: https://www.instagram.com/hey.hazal/?hl=en

Podcast: https://podcasts.apple.com/au/podcast/the-self-makers-podcast/id1671302161

Facebook Group: https://www.facebook.com/groups/theselfmakerscommunity

Propser and Profit the program 2.0 is here!

In this episode of the podcast, I'll bring you behind the scenes into my business as I walk you through some exciting upgrades I've made my signature program which is all about making it better for you.

You'll get an understanding of the improvements and new curriculum being built into the program to make it more flexible and adaptable in your busy schedule as well as increasing empowerment so that you never need to rely on anyone in your business to make tweaks to improve your profitability.

I explain how the program's structure is evolving to provide better resources, plug and play templates and streamlined processes while maintaining essential one-on-one support.

This episode also includes a special limited-time offer for listeners.

Ready to Prosper and Profit? Let's dive in.

Check out Prosper and Profit the program here: https://laurajohagan.com/100kprogram/

Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call

Connect with Laura

Website: www.laurajohagan.com

Email: [email protected]

Instagram: www.instagram.com/laurajohagan

In this episode, I take you on a journey through my personal story and my career background, sharing the experiences that have shaped me and the work I do with my clients today.

I share some pivotal moments that set me on this path and how my personal values align with the work I do with incredible business owners like you every day. I

Whether you're a Hair or Beauty business owner or a coach or consultant wanting to be inspired by my journey this episode will show you how it's possible to have a business that lights you up in the work you do.

Loving the podcast? If this podcast is providing value to you, please leave a 5 star review.

Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call

Connect with Laura

Website: www.laurajohagan.com

Email: [email protected]

Instagram: www.instagram.com/laurajohagan

Do you want to increase profit and pay yourself more from your business?

One of the quick wins available to you is to find savings in your business and in my experience there is often 10's of 1000's of savings available to business owners very quickly when they know how to look for it.

Find 10's of 1000's of Savings in Your Business This Week

In this podcast episode I dive into strategies for uncovering and capitalizing on substantial business savings opportunities. You will learn the exact process you can undertake in 1 hour to find substantial savings in your business as well as common examples of savings found with clients and a look into the mindset and habits of spending that could be holding you back.

Podcasts mentioned in this episode

Ep 14 - Getting The Most Out of Every Hour in Your Spa, Salon or Clinichttps://podcasts.apple.com/au/podcast/014-getting-the-most-out-of-every-hour-in-your-spa/id1737309216?i=1000659974472

Loving the podcast? If this podcast is providing value to you, please leave a 5 star review.

Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call

Connect with Laura

Website: www.laurajohagan.com

Email: [email protected]

Instagram: www.instagram.com/laurajohagan

In this inspiring episode of Prosper and Profit, I am thrilled to bring you this special guest and hugely valuable conversation with Shakira Jade to explore her remarkable journey from running a $300k salon to scaling it into a multi-million dollar business. Shakira shares her strategies, lessons, and insights on building a successful business in the Hair and Ecommerce industries.

In this episode we talked about:

- Why Shakira chose to grow her salon the way she did compared to other business models.

- The industry changes and finding employees while addressing the belief that it's nearly impossible to find employees

- How Shakira navigates these challenges to attract the right employees to your business.

- The importance of systems in enabling business scaling.

Starting with Systems

- How to get started and where to begin when implementing systems for scaling.

- Critical systems that need to be in place for effective business growth and commonly overlooked systems

- Shakira’s journey from facing large debt to achieving multi-million dollar success.

- Key lessons and insights for those feeling stuck or facing significant challenges.

And so much more. Grab your coffee, headphones and buckle up because this is an episode you don't want to miss out on.

Hit play and let's dive in.

Listen to our conversation on Shakira's podcast

Apple: https://podcasts.apple.com/au/podcast/41-the-profit-first-playbook-unlock-financial-freedom/id1674494030?i=1000647852616

Spotify: https://open.spotify.com/episode/5Dnws3DSmqfkOwfONoC8XB

About Shakira

Meet Shakira Jade, a force to be reckoned within the entrepreneurial world and a name you might find familiar. Yes, that's her real name, and while she shares it with a famous singer, Shakira's own tune is one of relentless determination and success. She embarked on her business journey at the age of 20, founding Hair Candy Hair Extensions back in 2007 from her spare bedroom.

Starting from her home, Shakira has nurtured her brand into a multi-million dollar venture.

Now boasting three salon locations, a warehouse and a dedicated team of over 25, her brand has become synonymous with quality and innovation in the hair industry.

In May 2023, Shakira expanded her entrepreneurial journey, stepping into the role of a business coach with a passion for helping women scale their businesses. Drawing from her own experiences of building a successful service based and e-commerce brand from the ground up, she offers insights and guidance to those eager to follow in her footsteps.

Connect with Shakira

Scale Up Blueprint - Free Resource

https://shakirajade.myflodesk.com/scaleup

Instagram www.instagram.com/_shakirajade

Facebook Profile https://www.facebook.com/profile.php?id=100087934547041&mibextid=9R9pXO

TikTok https://www.tiktok.com/@_shakirajade?_t=8jTz583WmDi&_r=1

YouTube: https://www.youtube.com/@ShakiraJade

Apple Podcasts https://podcasts.apple.com/au/podcast/the-success-club/id1674494030

Spotify https://open.spotify.com/show/2m4wx8DdZkybacY3eDndbN?si=worIrTQyTVCscyYe0a6AGQ

Ever wonder who on Earth is right to hire in your business when it comes to business support?

You're in good company. That's why in this episode of Prosper and Profit, I dive deep into the different types of support that are available and how you can determine what is right for you in any moment in your business.

We explore the differences between professional services, consultants, and coaches. As well as highlighting the importance of being discerning when seeking assistance, understanding whether you need technical expertise or strategic guidance and insights on identifying the right fit for your business needs.

Resources mentioned in this episode:

https://laurajohagan.com/2024/05/20/009-why-your-accountant-isnt-the-best-person-to-help-you-improve-profits-in-your-business/

Loving the podcast? If this podcast is providing value to you, please leave a 5 star review.

Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call

Connect with Laura

Website: www.laurajohagan.com

Email: [email protected]

Instagram: www.instagram.com/laurajohagan