Build Your Salon with Phil Jackson

Build Your Salon with Phil Jackson

Are you ready to build a brilliant, profitable salon business without burning out? I’m Phil Jackson, your go-to salon friend, coach and Queen of Salons. Each week I dish out real-world strategies for hair, beauty, and aesthetics pros who want bigger profits, a stronger team, and a life with more freedom. No fluff, just clear advice (and a sprinkle of sass). Step up, get inspired, and Build Your Salon!

  1. 15h ago

    Why Every Beauty Salon Needs A VIP Membership (Summer Pettengale interview)

    Salon Memberships Made Easy: https://queenofmemberships.com Find summer on Instagram https://instagram.com/flourishbeautyacademy Are you dreaming of rapid salon growth but worried about the challenges of team management or inconsistent income? Summer Pettingale's journey from Tesco to multiple successful salons proves it's possible. In this episode, she shares her candid advice on scaling quickly, building a high-performing employed team, and launching a hugely successful client membership. MAIN CONTENT: * FROM CHECKOUT TO SALON EMPIRE: SUMMER'S JOURNEY * Summer shares her path from working at Tesco and recruitment to opening her first salon while 10 days overdue with her baby. * She reveals why her experience in other industries gave her a commercial edge, focusing on structure, processes, and the full customer experience. * The leap from self-employed within another salon to her own premises offered the control and stability she needed. * BUILDING A HIGH-PERFORMING EMPLOYED TEAM * Summer explains why she transitioned away from a mixed employed/self-employed model due to tensions over client sharing and differing standards. * An employed team ensures everyone "sings off the same hymn sheet," maintaining consistent brand experience and service quality. * Her unique recruitment strategy: hiring talent she's trained in her own Academy, identifying potential early. * THE POWER OF SIMPLIFIED MEMBERSHIPS * Phil's initial advice to simplify her overly complex first membership was crucial to its later success. * Her current nail membership has two clear, simple tiers (3-weekly or 4-weekly) and is managed via direct debit, providing predictable income. * This membership now fills her diary exclusively, giving her time back and allowing new clients to book with her employed team, showcasing a dual benefit. * She only had two clients say "no" to the membership transition, proving client fears are often overblown. * SYSTEMS, PROCESSES & FUTURE GROWTH * Summer emphasises the importance of treating her salon as a business, not a hobby, by implementing rigorous systems and performance management. * Regular team meetings and performance reviews are key to growth and ensure every team member contributes to the salon's success. * Her upcoming "skin transformation" membership will focus on results, with the expert deciding the client's journey, not a complex menu. ━━━━━━━━━━━━━━━━━━━━ 📊 RESOURCES: Learn how to build your own salon membership: queenofmemberships.com ━━━━━━━━━━━━━━━━━━━━ 💬 WORK WITH ME: 1:1 Coaching: https://buildyoursalon.com Summer Pettingale is a salon owner and founder of Flourish Beauty Academy in Devizes. She's built a thriving multi-service salon and training academy in under five years. Find her on Instagram @FlourishBeautyAcademy. ━━━━━━━━━━━━━━━━━━━━ 🎧 LISTEN: YouTube: https://www.youtube.com/@BuildYourSalon Spotify: https://go.philjackson.me/Spotify Apple Podcasts: https://apple.co/3MZp6jP ━━━━━━━━━━━━━━━━━━━━ CHAPTERS: 0:00 - Welcome Summer Pettingale 1:00 - Summer's Journey: From Tesco to Salon Owner 3:50 - Taking Control: Opening a Salon While Pregnant 6:20 - Building an Employed Team for Consistent Service 9:40 - Overcoming Challenges of Rapid Salon Growth 11:10 - Why Mixed Teams Cause Problems in Salons 15:30 - How to Recruit Talent Through Your Academy 19:00 - Launching a Successful, Simplified Salon Membership 22:30 - Client Reactions to New Membership Pricing 26:10 - Strategies for a New Skin Membership 27:30 - Future Growth: Focus on Systems and Performance 31:30 - Summer's Top Business Advice & Salon Love #SalonGrowth #SalonMemberships #BeautyBusiness #TeamManagement #SalonOwner ━━━━━━━━━━━━━━━━━━━━ Questions? phil@buildyoursalon.com

    36 min
  2. 4d ago

    SCREW Brand Loyalty: Your Salon Supplier Is Not Your Friend

    10 Minute Money Fixes: https://10minutemoneyfix.com Your salon supplier might be your biggest secret profit vampire. The "free" education, exclusive launches, and preferential pricing often come at a hidden cost: dead stock and eroded margins. In this episode, Phil Jackson exposes the myth of salon supplier "partnerships" and shares how he turned a loss into his business's biggest profit boost. ━━━━━━━━━━━━━━━━━━━━ THE PARTNERSHIP ILLUSION * Phil's salon enjoyed "key account" status with Weller, feeling part of an exclusive club with a named account manager and special access. * The salon's identity became deeply tied to the brand, with shelves full of their products and staff trained exclusively on them. * This perception of a generous partnership felt brilliant until criteria shifted after a corporate buyout, leading to the abrupt loss of key account status. THE TRUE COST OF "FREE" SUPPORT * What seemed like "free" education and exclusive launches always required buying their products, often unproven or not aligned with client demand. * "Preferential pricing" was simply a volume discount, meaning Phil had to overbuy to get it, leading to thousands of pounds in dead stock. * The true cost of this "support" was hidden in tied-up cash flow, wasted shelf space, additional storage needs, and increased mental load. PHIL'S THREE RULES FOR PROFITABLE SUPPLIER RELATIONSHIPS * **1. NO SUPPLIER OWNS THE SHELF:** Every product must earn its place by selling. If a product has poor sell-through for six months, it's removed, regardless of brand loyalty or rep relationships. * **2. MULTIPLE SUPPLIERS ALWAYS:** Avoid letting one brand define your salon. Carry a mix of big brands, independent products with better margins, and even white-label options to prevent over-reliance. * **3. THE NUMBERS DECIDE:** Base every supplier conversation on concrete data: sell-through rate, profit margin, and current stock holding. If the client numbers don't support a purchase, the answer is no. ━━━━━━━━━━━━━━━━━━━━ 📊 RESOURCES: 10 Minute Money Fixes: https://10minutemoneyfix.com ━━━━━━━━━━━━━━━━━━━━ 💬 WORK WITH ME: 1:1 Coaching: https://buildyoursalon.com ━━━━━━━━━━━━━━━━━━━━ 🎧 LISTEN: YouTube: https://www.youtube.com/@BuildYourSalon Spotify: https://go.philjackson.me/Spotify Apple Podcasts: https://apple.co/3MZp6jP ━━━━━━━━━━━━━━━━━━━━ CHAPTERS: 0:00 - The Day My Salon Lost Key Account Status 0:50 - Why Your Main Supplier Relationship Is Costing You 1:45 - The Deceptive Allure of 'Key Account' Status 3:45 - How Losing Our Partnership Status Boosted Profits 5:25 - The Myth of 'Free' Supplier Education & Launches 7:00 - Why "Support" Was Actually the Most Expensive Cost 8:00 - Your Supplier Isn't Your Partner, They're a Salesperson 9:05 - Rule 1: Products Must Earn Their Shelf Space 9:40 - Rule 2: Always Use Multiple Salon Suppliers 10:10 - Rule 3: Let the Numbers Decide Every Deal 10:45 - Your 10-Minute Dead Stock Audit for Profit 11:45 - Unlock More 10-Minute Money Fixes #SalonSuppliers #SalonProfitability #DeadStock #SalonBusiness #BuildYourSalon ━━━━━━━━━━━━━━━━━━━━ Questions? phil@buildyoursalon.com

    13 min
  3. Jun 19

    Salon Staff Quit? Do THIS In The First 48 Hours

    The moment a trusted team member hands in their resignation can feel like a punch to the gut. You’ve invested in them, trained them, and now they're leaving. But how you handle the first 48 hours after they tell you is absolutely critical. Get it wrong, and you risk losing loyal clients, creating team drama, and suffering significant damage to your salon business. In this episode, Phil Jackson shares his non-negotiable rule for staff resignations and a clear, actionable playbook to ensure a smooth transition, protecting your clients and your profits. ━━━━━━━━━━━━━━━━━━━━ 📊 RESOURCES: Get Paid Properly: getpaidproperly.com ━━━━━━━━━━━━━━━━━━━━ 💬 WORK WITH ME: 1:1 Coaching: https://buildyoursalon.com ━━━━━━━━━━━━━━━━━━━━ 🎧 LISTEN: YouTube: https://www.youtube.com/@BuildYourSalon Spotify: https://go.philjackson.me/Spotify Apple Podcasts: https://apple.co/3MZp6jP ━━━━━━━━━━━━━━━━━━━━ CHAPTERS: 0:00 - The Inevitable Reality of Staff Leaving 0:47 - Why Resignations Feel Personal (And How to Act Professionally) 2:10 - Phil's Non-Negotiable "Out Today" Rule 3:27 - The Devastating Impact of a Malicious Departure 5:05 - Applying the 'Out Today' Rule to Renters and Freelancers 5:40 - The 48-Hour Salon Resignation Playbook 6:38 - How to Revoke Access and Secure Your Salon 7:28 - What to Do with Client Records and Appointments 8:00 - Communicating Staff Departure to Your Clients 8:48 - Informing Your Remaining Team (The Right Way) 9:47 - What a Resignation Reveals About Your Salon #SalonStaff #StaffResignation #SalonBusinessStrategy #TeamManagement #SalonOwner ━━━━━━━━━━━━━━━━━━━━ Questions? phil@buildyoursalon.com

    13 min
  4. Jun 15

    Stop Upselling Clients In The Chair (Do This)

    You’re leaving around £20 on the table with every single client booking in your salon right now. Are your upsells feeling pushy, or worse, are you simply missing the best opportunity to offer them? Discover how to boost your salon's average bill by implementing a smart pre-appointment upsell strategy that adds value for clients and profit for you, without a hint of hard-sell. ━━━━━━━━━━━━━━━━━━━━ 💰 THE MAGIC UPSELL WINDOW * Forget selling in the chair; clients feel rushed and pressured. * The 'magic window' is 24 to 48 hours BEFORE the client's appointment. * At this point, they're committed, excited for their visit, and not yet under time pressure. * This allows them to say 'yes' easily and even plan for the extra time (e.g., more parking). 💰 HIGH-PROFIT ADD-ON EXAMPLES * **Clear Gloss Treatment:** Added £20-£30 to a colour bill, took minimal extra time and product cost. Clients loved the shine and said 'yes' easily. * **Luxury Conditioning Treatment:** Low product cost, but built into a 15-minute blissful experience with scalp massage and heat. Clients happily paid for the added relaxation. * **Vary Offers:** Tailor add-ons seasonally (e.g., UV protection in summer, deep moisture in winter) or for special occasions to keep them fresh and relevant. 💰 HOW TO NAIL THE MESSAGE * **Personal:** Reference the client by name and their specific upcoming appointment. * **Sell the Outcome:** Focus on the 'sizzle' (shine, healthier hair, relaxation) not just the 'steak' (the treatment itself). * **Frictionless:** Make it incredibly easy to accept. A simple 'reply yes' should be all they need to do, and your team handles the rest. * **Close the Loop:** Acknowledge their acceptance upon arrival to make it feel seamless and integrated. 💰 MEASURE FOR SUCCESS (AND AVOID PUSHINESS) * Don't just track average bill; also monitor client retention and utilisation rates. * If average bill is climbing but retention is dropping, your upsells are likely feeling like pressure, not recommendations. * A genuine recommendation is specific to the client's needs; a blanket offer to everyone can feel like a hard sell. ━━━━━━━━━━━━━━━━━━━━ 📊 RESOURCES: 10 Minute Money Fix: https://10minutemoneyfix.com ━━━━━━━━━━━━━━━━━━━━ 💬 WORK WITH ME: 1:1 Coaching: https://buildyoursalon.com ━━━━━━━━━━━━━━━━━━━━ 🎧 LISTEN: YouTube: https://www.youtube.com/@BuildYourSalon Spotify: https://go.philjackson.me/Spotify Apple Podcasts: https://apple.co/3MZp6jP ━━━━━━━━━━━━━━━━━━━━ CHAPTERS: 0:00 - Introduction to the Money Fix 0:30 - The £20 Per Client Opportunity 1:10 - Unlock Your Salon's Magic Upsell Window 1:50 - Why Selling Before the Appointment Works Best 2:40 - High-Profit Add-On Service Examples 3:50 - Tailor Your Upsell Offers Seasonally 4:10 - Crafting the Perfect Pre-Appointment Message 4:50 - The Three Keys to Frictionless Upselling 5:40 - When Upselling Goes Too Far and Kills Retention 6:20 - Measure Upsell Success Beyond Just Average Bill 6:50 - Recommendation Versus Pressure: The Client Test 7:30 - Your Next Step to Boost Average Bill #salonpricing #salonprofit #salonbusiness #salonupsell #salongrowth ━━━━━━━━━━━━━━━━━━━━ Questions? phil@buildyoursalon.com

    11 min
  5. Jun 12

    I Built Giftypoo: Here's Why And What It Taught Me

    Check out Giftypoo at https://giftypoo.com Do you ever feel like your salon business is taking over your life, squeezing out all the joy and creativity you once had? Are you constantly chasing money, leaving no room for your passions or personal fulfilment? In this episode, Phil Jackson shares a powerful reminder: your business should fund a life, not become your whole life. ━━━━━━━━━━━━━━━━━━━━ THE BUILDER'S REWARD: * Phil shares his love for building systems, tools, and software, a passion that predates his coaching career. He built complex email automations for his salon when others weren't. * His salon membership software during COVID took months, but his latest project, "Gifty Poo" (a client wishlist for salons), took only three weeks thanks to AI. * The reward for Phil is in the building and the process, not solely in the financial return. ━━━━━━━━━━━━━━━━━━━━ THE TRAP OF 'ALL ABOUT THE MONEY': * While coaching pays better than software development, Phil realised constant delivery left his creative side quiet. * Salon owners often start with values and interests, but these get squeezed out by financial pressures, team challenges, and growth struggles. * He recounts how his love for reading fiction was replaced by only business books, highlighting a loss of joy. ━━━━━━━━━━━━━━━━━━━━ YOUR BUSINESS AS A LIFE FUNDER: * Phil argues that chasing profit is essential, but it should fund a rich life, not become the life itself. * Even if your salon is successful, make space for activities that nurture your soul: walking, reading, holidays, hobbies, and time with friends. * He encourages listeners to explore Gifty Poo (giftypoo.com), not necessarily to buy, but to play, offer feedback, and consider their own passion projects. ━━━━━━━━━━━━━━━━━━━━ THE POWER OF 'VIBE CODING': * The episode highlights how 'vibe coding' (building ideas with AI and patience) has drastically lowered the barrier to entry for creating custom tools or fulfilling personal projects. * This approach allows you to pursue ideas that won't leave you alone, even if the market research isn't done. ━━━━━━━━━━━━━━━━━━━━ 📊 RESOURCES: 1:1 Coaching: https://buildyoursalon.com ━━━━━━━━━━━━━━━━━━━━ 💬 WORK WITH ME: 1:1 Coaching: https://buildyoursalon.com ━━━━━━━━━━━━━━━━━━━━ 🎧 LISTEN: YouTube: https://www.youtube.com/@BuildYourSalon Spotify: https://go.philjackson.me/Spotify Apple Podcasts: https://apple.co/3MZp6jP ━━━━━━━━━━━━━━━━━━━━ CHAPTERS: 0:00 - The Lesson of a Small Software Project 0:55 - My Passion for Building and Systems 2:15 - Why Coaching Replaced Software Development 3:25 - The Birth of the 'Gifty Poo' Idea 4:25 - Building with AI: The Power of Vibe Coding 6:15 - Finding Reward Beyond Sales Figures 7:05 - The Salon Owner's Money Chase Trap 8:35 - When Life's Joys Get Squeezed Out 9:45 - How Your Business Should Fund Your Life 10:55 - Try Gifty Poo and Nurture Your Soul 12:05 - Sharing Your Ideas and Building Together #SalonBusinessTips #SalonOwnerLife #WorkLifeBalance #PhilJackson #BuildYourSalon ━━━━━━━━━━━━━━━━━━━━ Questions? phil@buildyoursalon.com

    13 min
  6. Jun 8

    The Profit Vampire Hiding On Your Salon Menu

    Is a service on your salon menu quietly costing you money every time it's booked? Many salon owners don't realise certain services are actually 'profit vampires', draining their income without them knowing. Phil Jackson, your Queen of Salons, is here to show you how to find these hidden money-losers and what to do about them. In this episode, Phil reveals how to identify unprofitable salon services and implement practical strategies to boost your bottom line. ━━━━━━━━━━━━━━━━━━━━ 💰 WHAT ARE PROFIT VAMPIRES? * These are services that appear profitable on the invoice but lose money once actual time, product usage, and the cost of the occupied slot are factored in. * Often, these are express services or low-priced items that take a disproportionate amount of time. * Many owners mistakenly keep them, believing they lead to higher-value services, but Phil warns this happens less often than you think. ✂️ PHIL'S KIDS CUTS MISTAKE * Phil reveals his own experience with children's haircuts: booked for 30 minutes at half the adult price, but actually taking nearer 45 minutes. * A £20 kids' cut occupied a prime real estate slot (e.g., 4 PM on a Thursday) that could have been sold for a £200 colour service. * The profit per hour on a kids' cut was less than £18, compared to an adult cut which easily doubled that. 💡 REFRAMING THE SALON EXPERIENCE * Instead of just raising prices, Phil repositioned the salon as a quieter retreat for adults, free from the chaos of children. * Kids' cuts were increased to full adult prices and made available only at specific, noisier times (e.g., Saturdays). * This strategy meant the salon either earned full price for the service or freed up prime slots for higher-paying clients. ✅ YOUR 3 OPTIONS FOR PROFIT VAMPIRES * **Reprice:** Increase the service price to accurately reflect its true cost of delivery. * **Reframe:** Reposition the service with different availability, terms, or target audience to prevent it from eating into premium slots. * **Retire:** Bravely remove the service from your menu entirely if it attracts the wrong clients, ties up valuable resources, or doesn't align with your business goals. 📈 ACTION PLAN: FIND YOUR VAMPIRES * Today, pick three services from your menu and calculate their true profit per hour and their overall impact on your business. * If the numbers don't add up, you've found a profit vampire. Decide whether to reprice, reframe, or retire it. ━━━━━━━━━━━━━━━━━━━━ 📊 RESOURCES: Get The Full Money Fix Walkthrough: https://10minutemoneyfix.com ━━━━━━━━━━━━━━━━━━━━ 💬 WORK WITH ME: 1:1 Coaching: https://buildyoursalon.com ━━━━━━━━━━━━━━━━━━━━ 🎧 LISTEN: YouTube: https://www.youtube.com/@BuildYourSalon Spotify: https://go.philjackson.me/Spotify Apple Podcasts: https://apple.co/3MZp6jP ━━━━━━━━━━━━━━━━━━━━ CHAPTERS: 0:00 - The Salon Service Quietly Costing You Money 0:50 - How to Spot a Profit Vampire Service 1:30 - My £18 Profit Kids Cut Disaster 2:40 - The Hidden Cost of "Filling Quiet Slots" 3:50 - Reframing Your Salon's Client Experience 4:40 - How Raising Kids Cut Prices Boosted Profit 5:30 - Why This Principle Applies to All Salon Services 6:00 - Option 1: Reprice to Reflect True Value 6:10 - Option 2: Reframe for Better Positioning 6:20 - Option 3: Retire Unprofitable Services 7:10 - Your Action Plan: Find Your Profit Vampires 8:00 - Get The Full Money Fix Walkthrough #salonpricing #salonprofit #salonbusiness #salonstrategy #philjackson ━━━━━━━━━━━━━━━━━━━━ Questions? phil@buildyoursalon.com

    9 min
  7. Jun 5

    One-Star Reviews: What To Do When You Want To Set Fire To The Salon

    Got a dreaded one-star salon review? That immediate gut punch of rage and panic can make you want to unleash a defensive 'midnight reply' that could ruin your reputation. But what if a negative review could actually *make* you money? In this episode, Phil Jackson reveals his proven 3-step formula to turn one-star reviews into powerful marketing assets. ━━━━━━━━━━━━━━━━━━━━ 📊 MAIN CONTENT WHY REVIEWS MATTER FOR YOUR SALON * Reviews are more impactful than almost any other marketing you'll do. * Clients check reviews on Google, Facebook, Treatwell, or Fresha before booking. * They specifically look at one-star reviews to understand how you handle issues when things go wrong. * Negative reviews hurt because salon owners are people-pleasers and our work is personal and subjective. THE DANGER OF THE 'MIDNIGHT REPLY' * Your immediate reaction (rage, hurt, panic) will tempt you to write a defensive, point-by-point takedown. * This "midnight reply" is poison: future clients lack context and only see a business fighting with a client online. * It keeps the drama alive, making a single complaint a long-term spectacle and potentially destroying your salon's reputation. PHIL'S 3-STEP FORMULA FOR PROFESSIONAL REPLIES * **STEP 1: ACKNOWLEDGE AND APOLOGISE.** Within 15 minutes, post a bland holding reply: "Thanks for bringing this to my attention. I'm going to look into this and get back to you properly." Later, follow up with: "I'm sorry to hear that you were disappointed with your experience." (Acknowledge their upset, not necessarily their version of events). * **STEP 2: REITERATE YOUR SALON STANDARDS.** State clearly: "Our goal is for every client to leave feeling fantastic and we take all feedback extremely seriously." (This is for future clients, positioning the bad review as the exception, not the norm). * **STEP 3: GET IT OFFLINE.** End with a clear invitation: "Please contact us directly on [number/email] so we can look into this properly." Or "I've reached out to you, please reply to my email." This moves the conversation out of public view and stops further public ranting from looking reasonable. THE SECRET TO TURNING BAD REVIEWS INTO MARKETING * You are writing for the *next thousand people* who are considering booking with you, not the original reviewer. * A wall of 5-star reviews looks fake; one or two well-handled bad reviews make your business look authentic and human. * Phil's own experience: 3 new clients booked because of his professional reply to a one-star review, turning it into a powerful marketing asset. ━━━━━━━━━━━━━━━━━━━━ 📊 RESOURCES: 10 Minute Money Fix: 10minutemoneyfix.com ━━━━━━━━━━━━━━━━━━━━ 💬 WORK WITH ME: 1:1 Coaching: https://buildyoursalon.com ━━━━━━━━━━━━━━━━━━━━ 🎧 LISTEN: YouTube: https://www.youtube.com/@BuildYourSalon Spotify: https://go.philjackson.me/Spotify Apple Podcasts: https://apple.co/3MZp6jP ━━━━━━━━━━━━━━━━━━━━ CHAPTERS: 0:00 - Introduction & The 10 Minute Money Fix 1:05 - Why Salon Reviews Matter More Than You Think 2:00 - The Emotional Impact of a One-Star Review 3:00 - The Danger of the 'Midnight Reply' 4:30 - The Critical 15-Minute Holding Reply 5:20 - Your Goal: Win Future Clients, Not the Argument 6:00 - Step 1: Acknowledge & Apologise Professionally 6:45 - Step 2: Reiterate Your Salon's High Standards 7:05 - Step 3: Move the Conversation Offline 8:05 - The Real Audience for Your Review Reply 9:05 - Turning a Negative Review into Profit 10:00 - Authenticity: Why Not All 5-Star Reviews Are Good 10:45 - Resources: The 10 Minute Money Fix #SalonReviews #ClientFeedback #SalonMarketing #BusinessReputation #SalonBusiness ━━━━━━━━━━━━━━━━━━━━ Questions? phil@buildyoursalon.com

    11 min
  8. Jun 1

    I Spent £300 on a Billboard (Big Mistake)

    Are you unknowingly bleeding profit? Salon owners often only see the invoice price, missing the true cost of expenses. Phil Jackson reveals the simple maths. In this episode, Phil Jackson reveals the simple maths that will change how you view every pound leaving your bank account, showing you how to plug those hidden profit leaks. ━━━━━━━━━━━━━━━━━━━━ THE TRUE COST OF EVERY EXPENSE * Phil explains that the cost of an expense is not just the invoice amount, but what your business had to do to earn enough to pay for it. * With a 10% profit margin, a £300 expense means your salon had to generate £3000 in revenue just to cover that one cost. * This reframe exposes why many salon owners feel like they are working flat out but not seeing the profit. PHIL'S £3000 BILLBOARD MISTAKE * Phil recounts spending £300 a month on digital billboards, believing it was 'proper marketing'. * Despite thousands of purported shoppers, trackable marketing (unique phone numbers) revealed zero new clients from these ads. * His £300 monthly expense, at a 10% profit margin, was actually costing his business £3000 in lost revenue each month. HOW TO STOP LEAKING MONEY * Every expense, from software subscriptions to over-ordered products, requires 10 times its cost in revenue to be covered (at a 10% profit margin). * If your profit margin is 5%, you need to multiply by 20! * Phil's fix: review your bank statement, multiply key expenses by 10, and honestly ask if it was worth it. Cancel those that are not. ━━━━━━━━━━━━━━━━━━━━ 📊 RESOURCES: Get Paid Properly: getpaidproperly.com ━━━━━━━━━━━━━━━━━━━━ 💬 WORK WITH ME: 1:1 Coaching: https://buildyoursalon.com ━━━━━━━━━━━━━━━━━━━━ 🎧 LISTEN: YouTube: https://www.youtube.com/@BuildYourSalon Spotify: https://go.philjackson.me/Spotify Apple Podcasts: https://apple.co/3MZp6jP ━━━━━━━━━━━━━━━━━━━━ CHAPTERS: 0:00 - Introduction to the 10 Minute Money Fix 0:47 - Uncover the Real Cost of Expenses 1:36 - Calculate Your Profit Margin's Impact 2:08 - Learn From Phil's £3000 Marketing Mistake 3:30 - How Every Expense Costs You 10x 4:10 - Stop Working Hard for No Profit 4:48 - Adjusting the Multiplier for Lower Margins 5:20 - Your 10-Minute Action Plan to Cut Costs 6:25 - Get All Five Money Fixes for Your Salon #SalonExpenses #SalonProfitability #SalonBusiness #SalonMoney #PhilJackson ━━━━━━━━━━━━━━━━━━━━ Questions? phil@buildyoursalon.com

    10 min

Ratings & Reviews

5
out of 5
3 Ratings

About

Are you ready to build a brilliant, profitable salon business without burning out? I’m Phil Jackson, your go-to salon friend, coach and Queen of Salons. Each week I dish out real-world strategies for hair, beauty, and aesthetics pros who want bigger profits, a stronger team, and a life with more freedom. No fluff, just clear advice (and a sprinkle of sass). Step up, get inspired, and Build Your Salon!

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