10 Minute Beauty Business Podcast with Lexi Lomax Lexi Lomax

In today’s episode of the 10 Minute Beauty Business Podcast, I dive deep into the often-overlooked needs of salon suite owners and share an exciting new launch that's been buzzing in my mind and now, finally, ready to share with you! If you've ever felt the pinch of not being fully supported or struggled with making your beauty business profitable, this episode is a must-listen. I’m unpacking the myths and offering a fresh perspective on what it really takes to thrive in the beauty industry today.



I've been having some eye-opening chats behind the scenes, especially about the future of salon suites. Many suite owners feel unsupported and unsure about profitability, sparking intense discussions on the sustainability of this business model. We explore who really benefits from operating in a suite and how to leverage similar business strategies for your own growth. It’s about drawing lessons from others and applying them innovatively within your own walls.



On top of these insights, I'm thrilled to announce the launch of "Supported Salon Owner," a new initiative designed to provide the exact level of coaching and support you've been asking for—without the long-term commitment fears. This program allows you to engage with me for as short as three months or as long as forever! It’s tailored to fit your needs and help escalate your business while respecting your personal and professional boundaries.



Lastly, I get personal about the systems and strategies that have transformed my own salon into a well-oiled machine, allowing me to plan a significant maternity leave without fear. We'll discuss the power of becoming the 'least important person' in your business, embracing accountability, and the necessity of having a flexible plan. This episode is packed with actionable advice that can dramatically shift how you operate and succeed in the beauty industry.



Whether you’re a suite owner, a salon owner, or somewhere in between, today’s episode is filled with critical insights and strategies to help you navigate your business landscape with confidence and clarity. Don’t miss out on learning how to enhance your operational tactics and personal life, simultaneously skyrocketing your salon's efficiency and profitability! Check out all the details in the link below and let’s make your beauty business a beacon of success!



Don't forget to check out Supported Salon Owners which launches today!

In today’s episode of the 10 Minute Beauty Business Podcast, we're diving deep into the world of salon ownership and how to juggle the many hats you wear – from business strategist to beauty expert, and just being human. It's all about mastering the art of delegation, a skill that can truly transform your business and personal life. Because let's face it, even superheroes need a team!



Delegating isn't just about handing off tasks; it's about empowering your team and freeing up your time to focus on what only YOU can do. I've learned firsthand that trying to do everything alone can wear you down. Now, I'm all about finding shortcuts and smart strategies. Imagine having someone handle your inventory just one day a week. That’s two extra hours you could be spending with clients or even taking some well-deserved 'me' time. It’s about making your business work for you, not the other way around.



We also touched on setting boundaries to prevent burnout. It’s crucial to recognize that you can't do it all at once. Setting priorities and learning to say 'no' can actually help you say 'yes' to what truly matters—your goals, your peace, and your sanity. This shift in mindset is not just beneficial, it’s necessary for sustainable success. Remember, every yes comes with a cost, and it’s okay to be selective.



Finally, if you’re feeling stuck or overwhelmed, reach out. Whether it’s through mentorship, team collaboration, or even joining local meetups like the cool salon owner gatherings in Grand Rapids, support is key. Don’t try to go it alone. Embrace systems and structures that allow you to thrive creatively within your business without burning out.



To all my fellow salon owners out there, remember: your journey is unique, but you don’t have to walk it alone. Check out Salon Quarterly for actionable steps and systems designed to boost your business efficiency without sacrificing your creative spark. And as always, slide into my DMs or leave a comment if you have questions or just need to chat. Let's continue to grow and support each other in this beautiful business journey.

Welcome to another episode of the 10 Minute Beauty Business Podcast, titled "Balancing Salon Skills and Business Savvy"! Today, we dive deep into the common struggles salon owners face in managing both their craft and their business efficiently. It’s no secret that while many of you excel at providing top-notch salon services, the business side can sometimes feel like you’re drowning. I’ve been there too, feeling overwhelmed with no system or plan in place, and today, I want to help you turn that around!



In this episode, we discuss the importance of not just being a great stylist but also being a savvy business owner. The beauty industry demands creativity, but it also requires a solid grasp of business fundamentals to thrive. We explore the challenges of spending too much time behind the chair and not enough time steering the ship of your business towards growth and profitability. One of my salon minds members shared how she loves investing in hair techniques but hesitates when it comes to business investments. This sparked a crucial conversation about balancing skill development with business acumen.



I share insights and strategies on how to create a balanced schedule that allows for both personal growth in the salon and significant business development. We talk about setting parameters and allocating specific time slots for business tasks to make sure you're not just working in your business but on your business. It’s all about finding that sweet spot where managing your salon becomes as inherent as the styling skills you demonstrate daily. Also, we touch on the necessity of systems that help you manage your salon efficiently, ensuring that every minute spent on your business is impactful.



Lastly, we delve into practical steps you can take to prioritize your workload and embrace tools and technology to streamline operations. From effective delegation to optimizing your use of software and AI, I provide you with the shortcuts to make running your business as enjoyable as it is profitable. Remember, the goal is to work smarter, not harder, and to ensure your business supports your lifestyle, not the other way around!



So, grab a cup of coffee, and let’s get right into making your business operations as smooth and successful as the fabulous hair transformations you create in your salon!

Welcome to another episode of the 10 Minute Beauty Business Podcast where I am diving deep into the challenges and triumphs of balancing salon life and business management.



Today, we kick off a value-packed mini-series designed to alleviate the overwhelm many beauty entrepreneurs face. This isn't just another podcast episode; think of it as a free, comprehensive online course aimed at propelling your salon business to heights you've only dreamed of. Brace yourself for a journey where actionable insights and strategic thinking merge to redefine your business narrative.



In this episode, we tackle the quintessential dilemma of managing 'behind the chair' time with the overarching responsibilities of salon ownership. It’s a balancing act that requires finesse and strategic planning. The crux of our discussion orbits around transforming your salon skills into robust salon business skills. I am here to demystify how salon owners can scale their business, whether it's adding an extra $10k, $20k, or even $50k annually, by mastering the art of balance. This episode peels back the layers of day-to-day salon operations, spotlighting the innate challenges salon owners face, and shares my firsthand experiences and strategies that have helped others, just like you, add substantial figures to their bottom line.



We delve into the practicality of crafting an ideal schedule that harmonizes technical work and business management. The emphasis is on the transformative power of dedicating time to work 'on' your business rather than 'in' it. I share proven strategies for effective time management, including establishing a 'CEO day' to focus on business growth, setting concrete boundaries to prevent burnout, and the importance of aligning your work hours with your most productive times. This actionable advice is designed to catalyze a change in how you view and operate your business, leading to a more profitable and less stressful life.



As we wrap up this episode, I leave you with thoughts on mindfulness and the significance of prioritizing mental well-being alongside business success. I share personal anecdotes and coping mechanisms to help you navigate the demanding world of beauty entrepreneurship without succumbing to the stress that often accompanies it. The journey to achieving a harmonious balance between passion and profession is intricate, but with the right tools and mindset, it's not only possible but deeply rewarding. Stay tuned for the rest of this enlightening mini-series, where we will continue to explore the depths of salon business mastery. Here's to embarking on a transformative journey to elevate your salon business and live the life you've always envisioned!

In this episode of the 10 Minute Beauty Business Podcast, we delve into the transformative world of scalp care, a trend that's reshaping the beauty industry. This is not just another fleeting fad; it's a burgeoning market demand that presents a golden opportunity for savvy salon owners and beauty professionals. By tuning in, you'll discover the strategic insights and practical steps needed to integrate luxurious, profitable scalp spa services into your salon's offerings, distinguishing your business in a competitive landscape.



We'll guide you through the financial and operational blueprint of launching a new service, balancing luxury with affordability. Learn how to make an initial investment of around $2,000 to $3,500 work for you, ensuring your salon delivers top-tier experiences without compromising on profitability. With a focus on premium products like Aveda and innovative service formats, you'll gain the knowledge to create a standout service that not only attracts attention but also drives revenue.



Moreover, this episode isn't just about following trends blindly. It's about making informed, strategic decisions that align with your brand and meet your clients' needs. We'll explore how to evaluate trends, ensuring they fit seamlessly into your business model, and how to execute them with excellence. This is about building a lasting legacy in your salon, turning a trend into a staple service that enhances your salon's value proposition.






RESOURCES:


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Thanks for following me, @lomax.lexi, sharing the podcast, and for being so amazing, resilient and the best community.
Find resources online at⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠www.lexilomax.com⁠⁠⁠⁠ and on IG @lomax.lexi

Today I am bringing you a bonus episode of the 10 Minute Beauty Business Podcast. I have a big announcement for you all, and I wanted to bring it to my podcast people first, because as you know you are my people.



So here it is....