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Printing Money
Every new salon is created with a “License to print money,” because the money making potential in our industry is virtually unlimited. To use your “license,” you need an activation key but only 5-10% of all salons know how to obtain it. What is this secret activation key? It is:

Knowing the difference between running your salon and managing your salon.

Here is how you can start managing your salon today.

Create a Customer

Every institution must create certain benefits. The role of business—your business—is to create a customer. No matter if you’re a creative, a geek, a hipster, or just a regular person, your only concern at work is delivering what your customers value. Everything else is either secondary or an outright distraction.

Communicate Your Vision

Your first priority as a leader is to constantly communicate and reinforce the values, purpose, and vision of your salon. The time you currently spend on everything else must come after you describe what you stand for, why you’re here, and the future you are creating.

Develop a Shared Understanding

If there is a trick between Running Your Salon and Managing Your Salon it is to create a shift in thinking from “I” to “We.” No one is exempt from this rule of management. If effort in your salon is individual, energies will be scattered. When effort is concentrated you will make a powerful impact together.

Understand Your Guests

Recognizing is not understanding. Know specifics for every guest. Name, age, significant other, children, visit frequency, likes/dislikes, recent issues or triumphs, satisfaction/trust level, income, job, upbringing, etc. To create a customer you must know who they are and why they want what they want.

Write Job Descriptions

Describe every job in writing and include at least: Job Title, Results, Measures, and Behaviors. Provide performance feedback on these topics during every one-on-one before addressing anything else.

Hire Good People

In addition to skill, talent, and artistic ability you need to identify, select, and retain good people. “Good” people have solid values, a strong work ethic, and good intentions. Remember, it is far easier to teach a good person how to be a better hairdresser than to teach a better hairdresser how to be a good person.

Train as Well as Educate

Continuing education is proven for success in our industry. What 90% of salon owners overlook is training employees to succeed in living out their values, sharing a common purpose, and creating a better future together through service to their guests. Model this behavior and communicate it too.