244 What it Takes to Build a Successful Salon Business with Eric Fisher.
Building a successful business isn\u2019t easy, and sometimes at the beginning of our journey, we look at established businesses and wonder how we could possibly ever achieve that.
\xa0
The important thing to realise is that nobody starts with a big successful business. Every new salon owner has doubts and experiences setbacks and challenges along the way.\xa0
\xa0
But through grit and determination and a never-ending thirst for knowledge, the skills and knowledge of the owner grow, and the business grows with it.
\xa0
Today I am talking with Eric Fisher from Wichita Kansas where he has 4 world class salons, a school, and a business education company.\xa0
\xa0
In today\u2019s podcast, we discuss:
\u25cf\xa0 \xa0 \xa0 What it takes to build a successful salon business.
\u25cf\xa0 \xa0 \xa0 What makes building a big salon business both harder and easier today than it was 30 years ago?
\u25cf\xa0 \xa0 \xa0 Why where you are located shouldn\u2019t be something that holds you back
And lots more!
\xa0
In this Episode:
[02:31] The three or four principles that Eric would give the 25-year-old version of himself to follow as he starts out in business.
[05:40] Talking about the learning environment, the importance of culture,\xa0 making mistakes and learning from them.
[06:48] Eric discusses his business in Wichita Kansas and why he decided to open up a school.
[11:46] The business model that Eric has in his salons and why.
[20:47] With all of the new technology available to salons now, what would make building a business like Erics harder/easier today than what it was 30 years ago?\xa0
[26:57] Why you don\u2019t have to live in a big city to have international reach.
[31:52] What a successful stylist looks like today in Eric\u2019s business.
[37:14] The compromises that Eric has had to make to attract and keep good people in today\u2019s workforce.
[43:23] Discussing the profit margins of salons today.
[46:18] Where you can connect with Eric
\xa0
Thanks so much for joining me this week. If you enjoyed this episode, please leave a review. Ratings and reviews are extremely helpful and greatly appreciated!\xa0
\xa0
They do matter in the rankings of the show and help other people find my podcast.\xa0
I also love to hear what\u2019s been helpful and what you love about the podcast! Just click here to review, scroll to the bottom, tap \u201cRatings and Reviews\u201d tap to rate with 5 stars and \u201cWrite a Review\u201d and let me know what your favourite part of the podcast is. Thank you for your support!
\xa0
Until next time!
Antony
\xa0
Links and Resources:
\xa0
Grow My Salon Business\xa0
Website | Facebook | Instagram
Eric Fisher
Instagram | Website | Eric Fisher Academy