Takeaways:
03:35 - How you should be paying yourself as an owner still working behind the chair
8:44 - The mistake of bringing shareholders in too early
14:17 - What percent of salons actually take some profit
21:49 - The financial and the creative partner
Quotes:
“Do you have a wealth mentality or do you have a poverty mentality?” (Doug Campbell)(02:43)
“What would it cost for you to replace yourself with another person?” (Jason Everett)(8:36)
“Otherwise you have something that is not really a business, you have a job that you own.” (Doug Campbell)(13:30)
“The reason you got in was to make money, so let's protect that money right off the bat.” (Doug Campbell)(17:26)
Links Mentioned:
High Performance Salon Website
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