244 What it Takes to Build a Successful Salon Business with Eric Fisher.
Manage episode 418221301 series 3564094
Building a successful business isn’t easy, and sometimes at the beginning of our journey, we look at established businesses and wonder how we could possibly ever achieve that.
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.
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.
Today I am talking with Eric Fisher from Wichita Kansas where he has 4 world class salons, a school, and a business education company.
In today’s podcast, we discuss:
● What it takes to build a successful salon business.
● What makes building a big salon business both harder and easier today than it was 30 years ago?
● Why where you are located shouldn’t be something that holds you back
And lots more!
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, 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?
[26:57] Why you don’t have to live in a big city to have international reach.
[31:52] What a successful stylist looks like today in Eric’s business.
[37:14] The compromises that Eric has had to make to attract and keep good people in today’s workforce.
[43:23] Discussing the profit margins of salons today.
[46:18] Where you can connect with Eric
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!
They do matter in the rankings of the show and help other people find my podcast.
I also love to hear what’s been helpful and what you love about the podcast! Just click here to review, scroll to the bottom, tap “Ratings and Reviews” tap to rate with 5 stars and “Write a Review” and let me know what your favourite part of the podcast is. Thank you for your support!
Until next time!
Antony
Links and Resources:
Grow My Salon Business
Website | Facebook | Instagram
Eric Fisher
Instagram | Website | Eric Fisher Academy
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