Earn Your Leisure

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Welcome to The Earn Your Leisure Podcast. Rashad Bilal and Troy Millings will be your host. Earn Your Leisure will be giving you behind the scenes financial views into the entertainment and sports industries as well as highlighting back stories of entrepreneurs. We will also be breaking down business models and examining the latest trends in finance. Earn Your Leisure is a college business class mixed with pop culture. We blend the two together for a unique and exciting look into the world of business. Let’s go!! #earnyourleisurepodcast

  1. 4 days ago

    HOW TO BUILD A MILLION-DOLLAR SALON SUITE BUSINESS

    In this episode of Earn Your Leisure, Sway The Pro breaks down the business behind the beauty industry and how salon suites have become one of the most profitable models for beauty professionals and entrepreneurs. She shares how she got started, the stress of securing her first building, the pros and cons of buying vs. leasing, how to find the right real estate, why doctor’s offices can be perfect conversion spaces, and the average cost to build out a salon suite. We also discuss client retention, revenue streams, management systems, ROI timelines, celebrity clientele, professionalism, punctuality, and the biggest mistakes beauty professionals make when trying to scale. TIMESTAMPS:00:00 Lease Day Disaster01:17 Meet Sway The Pro03:05 From Hoops To Suites06:09 Buildout Horror Stories08:11 Salon Suites Explained09:17 Design Tiers And Pricing13:32 Lease Vs Own Expenses17:58 Scaling And Franchising20:06 Start Steps And TI Money23:33 Retention Systems And Managers27:41 Buildout Costs And Funding29:25 Picking The Right Area29:46 Picking The Right Location30:30 Run The Numbers First32:00 Wealth Mistakes And Service33:50 Scaling With Systems34:27 Franchise Costs And Support35:25 Tenants Becoming Owners37:27 ROI And Lease Negotiation38:18 Selling And Diversifying41:45 Salon Suite Vs Home43:05 Pricing And Profitability46:04 Stand Out With Punctuality47:34 Apps Deposits And No Shows48:38 Celebrity Clients Boundaries50:20 Balance And Scheduling51:03 Mentorship Program Breakdown53:21 Invest Fest And Pivoting57:06 Multiple Income Streams58:29 Where To Follow Sway #EarnYourLeisure #SwayThePro #BeautyBusiness #SalonSuites #Entrepreneurship #BusinessModel #RealEstateInvesting #BeautyIndustry #SmallBusiness #WealthBuilding #EYL Subscribe and watch more videos here: https://www.youtube.com/@EarnYourLeisure Join the EYL community for deeper training and a more detailed approach:https://www.eyluniversity.com Join the number one stock club in the world:https://www.ianinvest.com Invest Fest | August 7-9, 2026Grab early bird tickets now: https://www.investfest.com See omnystudio.com/listener for privacy information.

    59 min
4.8
out of 5
98 Ratings

About

Welcome to The Earn Your Leisure Podcast. Rashad Bilal and Troy Millings will be your host. Earn Your Leisure will be giving you behind the scenes financial views into the entertainment and sports industries as well as highlighting back stories of entrepreneurs. We will also be breaking down business models and examining the latest trends in finance. Earn Your Leisure is a college business class mixed with pop culture. We blend the two together for a unique and exciting look into the world of business. Let’s go!! #earnyourleisurepodcast

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