Beauty and the Network

This Is Draining Your Money! |Episode 120

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In episode 120 of The Beauty and The Network Podcast, Jasmine J Havenstrite, a seasoned bridal beauty team owner and mentor, dives into the critical topic of common money-draining mistakes in the beauty business.


Regardless of your income, managing your finances wisely is crucial for sustainable growth.


Jasmine shares invaluable insights on avoiding pitfalls that could keep your accounts stagnant.


  • One key tip she emphasizes is the strategic outsourcing of specific tasks, such as website development and system setup. However, the importance of providing clear guidance to those you hire is paramount. Without a detailed roadmap, you might find yourself with a drained account and little to show for it.


    • The episode also highlights the risk of investing in software or platforms without fully understanding their potential. Jasmine emphasizes the need for intentional learning to ensure that your investments are well-utilized, preventing monthly expenditures on underutilized tools.


      • Another critical point Jasmine addresses is the misconception about "balling out" on your kit. Instead, she encourages creating a restock list to manage expenses effectively. When seeking assistance for the backend of your business, Jasmine stresses the significance of having an efficient process. Without streamlined procedures, training someone becomes challenging, leading to potential overpayment for hourly services.


        • Tune in to this episode for an eye-opening discussion on the financial aspects of your bridal beauty business. Learn how to make intentional choices that will positively impact your bottom line. Don't miss out on the actionable advice shared by Jasmine J Havenstrite to avoid common money drains in the beauty industry.


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        Beauty and the NetworkBy jasmine
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