In this podcast, Charlii and Mikki have a candid conversation about various aspects of running a salon business. Mikki shares her journey of starting Paloma Rhone in Brisbane, including the inspiration behind the name and how her brand evolved over time. The two dive into Mikki's social media strategy and its impact on her business, discussing how engaging with the audience played a crucial role in brand growth.Mikki and Charlie open up about their biggest individual financial mistakes and the valuable lessons they have learned about money management in the salon industry. Their discussion goes further into strategies implemented to increase profit margins, touching on topics like time management, utilizing apprentices, introducing profit sharing, and managing salary expectations within the team.Throughout their chat, they explore the challenges and rewards of salon ownership, emphasizing effective communication and managing expectations to maintain a healthy workplace culture. Mikki's experience with the Standout Salon Academy, an online course for salon owners, is also a part of the conversation, shedding light on valuable resources for fellow entrepreneurs.In essence, Charlii and Mikki talk shop about the ups and downs of entrepreneurship, the power of social media in business growth, the importance of financial acumen, and the intricacies of salon managementFind Mikki Insta https://www.instagram.com/mikkiauld_hair/Her Poddy Insta https://www.instagram.com/themaneedit/Mikki's Standout Salon Academy https://www.mikkiauld.com/standout-salon-academyChapters00:00 Starting Paloma Rhone03:20 Building the Salon08:12 Creating a Social Media Strategy11:00 Lessons Learned About Money27:00 Biggest Financial Mistake37:01 Increasing Profit Margin39:32 Time Management and Efficiency41:49 Utilizing Apprentices and Supporting the Team43:38 Implementing Profit Share48:05 Managing Salary Expectations50:47 Challenges of Salon Ownership55:08 Effective Communication and Managing Expectations01:19:15 Distractions at Home01:20:07 Challenges of Recording at Home01:21:27 Standout Salon Academy01:22:55 Impact of Podcasting01:24:33 Solo Podcasting01:26:12 Improvement in Speaking Skills01:27:41 Overcoming Perfectionism01:29:05 Conclusion
🎙️ About The Salon Rebel Podcast 🎙️
Hosted by Charlie Crothers, is a journey into the heart of entrepreneurial passion and rebellion. Charlie, a multi-faceted business entrepreneur, shares the story of her life, intertwined with invaluable insights from her experiences in entrepreneurship ranging from her personal life to Salon Ownership, E-commerce Founder and Digital Creator. E
Each episode is a mix of the good, the bad, and the sometimes ugly realities of running a business, providing listeners with relatable content and hope. She emphasises that success often comes from stepping outside the industry 'norm.'
💙About The Biz Tool Boutique 💙
With 15+ years experience and a team of almost 20 - Charlie Crothers started The Biz Tool Boutique to help other salon owners increase cash flow & team performance like she has…
So they can create the freedom and income they deserve.
Tap Below To Access Tools and Resources for Service-Based Business Owners.
https://www.thebiztoolboutique.com.au/
