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Workflows in the Hair Industry: Renting & Commission

In this episode, Jen and Todd discuss the differences between renting and commission structures within the hair industry. 

They explore the misconceptions, challenges, and potential benefits of each model, emphasizing the importance of understanding one's own goals and values.

They share personal experiences and anecdotes, including perspectives on a recent whale-watching trip and the family's engagement with the Olympics, to illustrate the broader point of finding what truly matters.

They also offer insights and advice for new professionals entering the industry, encouraging them to make well-informed decisions and to not be swayed by misleading information or titles.

00:00 Introduction and Greetings
00:48 Whale Watching Adventure
03:07 Olympics and Family Time
04:37 Opening Take on Renting vs. Commission
06:03 Challenges of Renting a Chair
10:35 Advice for New Hair Professionals
12:50 The Reality of Running a Business
16:46 The Importance of Finding the Right Salon
20:54 The Reality of Renting in the Salon Industry
21:22 The Value of Team and Community
22:39 The Illusion of Ownership
24:18 Challenges of Running a Business
25:54 Commission vs. Renting: Weighing the Options
37:31 The Importance of Marketing and Retention
39:45 Final Thoughts and Advice

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