Episode Details
Back to EpisodesHow to Retire from Behind the Chair and Get your Salon to Pay you Forever
Description
Takeaways:
02:43 - Understanding the transition process
06:59 - Five levels of owning the salon
09:03 - Levels of piecing out
10:05 - What kind of salon owner do you want to be?
18:00 - Creating generational wealth
19:40 - Different profit methodologies
21:50 - The key is to have a plan
22:50 - Always seek help
Quotes:
“Partners start to come on when your business produces a healthy profit” Jason Everett (08:24)
“Start with something” Doug Campbell (16:36)
“Level yourself up” Jason Everett (18:43)
“Your business's number one job is to produce cash” Jason Everett (18:53)
“Pull out money as you're making money, you reinvest a portion, you pull a portion out and use that money to buy called cash flow producing assets” Jason Everett (19:42)
“Take a certain portion of that and put it to work for you” Doug Campbell (22:16)
“We believe every salon owner deserves to create wealth in their business” Jason Everett (24:11)
Links Mentioned:
Evorevopodcast.com
High-Performance Salon Website
Join our FREE FB Community