Summary:
In this conversation, Charlie talks with Meghan, the CEO of PlushLocks, who shares her journey as a salon owner and the strategies she has implemented to build and manage a successful team. They touch upon the importance of regulation and standards, finding clarity in business focus, sharing knowledge and tools for success, learning from mistakes, and setting up for success. Meghan also announces the launch of her course and other education options.
Buckle up this is a long one!
Find Meghan:
Plushlocks Salon https://www.instagram.com/plushlocks_thesalon/
Plushlocks Extensions https://www.instagram.com/plushlocks/
Plushlocks Education https://stan.store/PlushlocksCEO
Personal https://www.instagram.com/meghanhayden_/
Chapters:
00:00 Introduction and Background
03:08 Building and Managing a Team
08:04 Implementing Profit Sharing
09:23 Organizational Systems and Tools
11:42 Delegating and Outsourcing
13:44 Career Journey and Transition
15:45 Working in Different Salon Environments
17:22 The Importance of Business Skills
18:10 Implementing Commission and Profit Sharing
19:27 Benefits of Profit Sharing
21:26 Finding the Right Team Members
23:48 Balancing Work and Personal Life
26:05 Overcoming Challenges and Learning from Mistakes
28:11 Building and Developing Apprentices
30:47 Salon Fit-Out and Hiring an Interior Designer
37:30 Struggles and Lessons Learned
42:20 Maintaining a Strong Business Mindset
43:22 The Importance of Relationships and Resilience
45:57 Dealing with Unexpected Challenges
47:33 The Financial Impact of Losing Team Members
48:19 Diversifying Revenue Streams
49:14 The Challenges of Communication
50:10 Misunderstandings and Miscommunication
51:23 The Importance of Clear Communication
52:09 Understanding Different Perspectives
53:02 The Challenges of Dealing with People
54:51 Creating a Supportive Team Environment
56:19 Setting Up for a Successful Day
57:57 The Importance of Being Prepared
58:45 Creating a Positive Client Experience
59:30 The Benefits of Regular Appraisals
01:00:47 Setting Goals and Prioritizing
01:02:31 Launching a Membership Program
01:04:37 Expanding Business Opportunities
01:09:14 Creating a Comprehensive Program
01:15:28 The Value of Sharing Knowledge
01:18:26 The Importance of Multiple Revenue Streams
01:23:06 Raising the Standard in the Industry
01:25:05 The Importance of Regulation and Standards
01:25:31 Finding Clarity in Business Focus
01:26:11 Sharing Knowledge and Tools for Success
01:27:08 Learning from Mistakes and Setting Up for Success
01:27:34 Course Launch and Education Options