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Have you thought of selling your business?
What is your salon really worth?
How do you even put a price or value on it?
Most people think of selling their business when they can no longer stand going into it!
This is the WRONG time to start thinking about selling it!
You need a plan and you need enough time to execute this plan so you can maximise the price you deserve for your business.
This is something I've had first hand experience with since I sold my salon 5 years ago and and was able to do it in a way that maximised the sale price and set me and my family up for our next adventure!
Get ready to take notes because we all (at some point) need an exit strategy! Take a listen.....
Have a blessed day, David. Connect with the High Performance Stylist Website: www.joinhps.com Facebook: https://www.facebook.com/highperformancestylistcoaching @highperformancestylistcoaching Instagram: https://www.instagram.com/highperformancestylist/ @highperformancestylist Email address: mailto:[email protected]
It's usually me asking all the questions on The HPS Podcast, but today I want to share an interview that Nicole and I were asked to do for my friend, Dom Lehanes show, The How To Cut It Podcast.
It was a refreshing change to have the shoe on the other foot as Dom asks us about the current state of the hair industry, some of the biggest challenges and of course can, "We Don't Do Saturdays" really work?
Also, it's a rare chance to hear the thoughts and opinions of my wife and business partner Nicole.
Take a listen...
Have a blessed day, David. Connect with the High Performance Stylist Website: www.joinhps.com Facebook: https://www.facebook.com/highperformancestylistcoaching @highperformancestylistcoaching Instagram: https://www.instagram.com/highperformancestylist/ @highperformancestylist Email address: mailto:[email protected]
I came across a fairly random post in one the hairdresser Facebook groups recently that caught my attention.
It described how this stylist had managed to create his perfect lifestyle and balance between his career and personal life.
He told a story about being able to cancel a full day of clients, reschedule them and take the day off to attend a festival, without a single complaint and received a bunch of flowers from one of them as a thank you!
Not only that..... but after wearing many different hats in the hair world, Luke Hopkins has managed to create a business where he works less hours than he ever has and earns over twice his previous income! I knew I had to get him on the podcast for the full story!
This is one of my favourite interviews I've had the pleasure to do and a clear reminder to us all of what's possible when we know what we want and we don't stop until we've made it happen!
Take a listen....
Blessings,
David.
P.S You can connect with Luke on social :
Facebook & Instagram: @lukehopkinshair
Connect with the High Performance Stylist Website: www.joinhps.com Facebook: https://www.facebook.com/highperformancestylistcoaching @highperformancestylistcoaching Instagram: https://www.instagram.com/highperformancestylist/ @highperformancestylist Email address: mailto:[email protected]
If you listened to Episode 96 of The High Performance Stylist Podcast, you heard me RAVE about the amazing experience I had buying a new pair of sneakers at Fleet Feet.
Well, I couldn't stop without digging a little deeper into the training and pursuit of excellence that Fleet Feet clearly stand for in their company.
My digging led me to todays guest. Alex Tallman is the Senior Manager of Retail Experience at Fleet Feet, which basically means he sets and maintains the standards for the experience I personally witnessed.
This is the first time I've spoken to Alex so have a listen as I ask him about the origins of Fleet Feet and how they manage to create such a high level of consistency throughout their company.
We also talk about recruitment which seems to be the biggest challenge in every business today!
Grab a pen because you're going to want to take some notes with this one.....
Take a listen....
Have a blessed day, David. Connect with the High Performance Stylist Website: www.joinhps.com Facebook: https://www.facebook.com/highperformancestylistcoaching @highperformancestylistcoaching Instagram: https://www.instagram.com/highperformancestylist/ @highperformancestylist Email address: mailto:[email protected]
It's the 100th EPISODE so you know it's going to be a BIG ONE.
That's all I'm saying.
Take a listen....
Have a blessed day, David. Connect with the High Performance Stylist Website: www.joinhps.com Facebook: https://www.facebook.com/highperformancestylistcoaching @highperformancestylistcoaching Instagram: https://www.instagram.com/highperformancestylist/ @highperformancestylist Email address: mailto:[email protected]
Take a listen....
Have a blessed day, David. Connect with the High Performance Stylist Website: www.joinhps.com Facebook: https://www.facebook.com/highperformancestylistcoaching @highperformancestylistcoaching Instagram: https://www.instagram.com/highperformancestylist/ @highperformancestylist Email address: mailto:[email protected]
This is a special episode because it's a peak behind the curtain of a LIVE recording of a coaching session I did in our Private HPS Platinum Group.
Are you a salon owner that has additional "space" in your salon?
Perhaps you have one or two beauty rooms or maybe an education space?
Have these rooms been vacant recently?
Maybe you feel they don't really cost you anything because they are "included" in your salon space, but is this the truth?
How much money could you potentially making from this space and where do you find the people/businesses to rent them?
People are currently searching for opportunity and this space in your salon could be the exact thing they are looking for and a great additional revenue stream for you!
Take a listen....
Have a blessed day, David. Connect with the High Performance Stylist Website: www.joinhps.com Facebook: https://www.facebook.com/highperformancestylistcoaching @highperformancestylistcoaching Instagram: https://www.instagram.com/highperformancestylist/ @highperformancestylist Email address: mailto:[email protected]
So many salon owners say to me, "I'd love to hire an assistant/apprentice, but I just can't afford to".
Every apprentice I've ever hired has immediatley been an asset to my business and not an expense.
There is a very clear way you can make sure that whether you have one apprentice or four apprentices, they are all making the business money right from day one and not costing you a penny!
In this episode I give you my 4 step process to not only insuring your apprentice is profitable, but also how you will keep them excited and engaged to be in the salon.
Take a listen....
Have a blessed day, David. Connect with the High Performance Stylist Website: www.joinhps.com Facebook: https://www.facebook.com/highperformancestylistcoaching @highperformancestylistcoaching Instagram: https://www.instagram.com/highperformancestylist/ @highperformancestylist Email address: mailto:[email protected]
At this stage of my career, its a rare occurrence that my "Mind is BLOWN" by the standard of customer service I receive from a business or service.
However, I'm delighted to say that it happened to me last week and it was in the most unlikely of places.
It wasn't in a Four Seasons Hotel, it wasn't flying Business Class with Virgin Atlantic. It wasn't even in one of the incredible salons that I know so well.
I was buying a pair of sneakers in a sports store!
Now you may be thinking, what does buying a pair of sneakers have to do with the salon business?
The answer is NOTHING but at the same time EVERYTHING!
Service is service and we can learn so much from businesses outside our own industry.
This sports store have obviously put an incredible amount of time and energy into creating an EXCEPTIONAL level of customer service and training their team to create amazing consistency. I know there will be many take-aways from this episode to get you thinking and adapting to your own business. Take a listen....
Have a blessed day, David. Connect with the High Performance Stylist Website: www.joinhps.com Facebook: https://www.facebook.com/highperformancestylistcoaching @highperformancestylistcoaching Instagram: https://www.instagram.com/highperformancestylist/ @highperformancestylist Email address: mailto:[email protected]
One of the most dramatic changes we have seen over the last couple of years has been the way we receive education. Covid, of course, has played a large part in this process, forcing everyone who wants to teach a class of any description to reconfigure it to a "virtual" class. But what about the apprenticeship program? Will they become a a thing of the past or is there an "evolution" of the classic apprenticeship that could be an even better and more impactful method? In this episode I'm switching things up a bit, because I've invited two people to join me that are both salon owners and educators. Paul & Cole Thompson have a wealth of experience and have come up with not only keep the apprenticeship alive but delivering it in a way that produces an exceptional level of hairstylist. (If you want to connect with Paul & Cole and learn more about Elevation H, you can contact them through their website at www.elevationh.com) Take a listen... Have a blessed day, David. Connect with the High Performance Stylist Website: www.joinhps.com Facebook: https://www.facebook.com/highperformancestylistcoaching @highperformancestylistcoaching Instagram: https://www.instagram.com/highperformancestylist/ @highperformancestylist Email address: mailto:[email protected]
From the publisher's feed