The conversation revolves around the topic of hourly pricing in a salon setting. The hosts discuss the challenges and possibilities of implementing hourly pricing in an old-school salon environment. They share personal experiences and provide advice on how to approach the salon owner and clients. The conversation emphasizes the importance of knowing the value of your time and setting prices accordingly. They also discuss the concept of gratuity and how it relates to hourly pricing. Overall, the conversation provides insights and strategies for stylists looking to establish hourly pricing in their salons.