57 min
010 - Hard Front or Lace Front? - How Fena Barbitall Makes Money from Drag and Wig Styling Business of Drag
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- Entrepreneurship
On this episode of the podcast I chat with Fena Barbitall about her multiple sources of income and answer her tax questions.
_____________________________________________
🤓 Get a free copy of my bookkeeping template📘 Grab a copy of the book
_____________________________________________
We kick off the episode with a lightning round of questions including her favorite season of Drag Race, what she's doing on a night off and her go-to lip sync song.
If you see her in public you can call her Fena, or Ryan, using he/she/or they pronouns.
Learn more about Fena and how she got into drag on the Sloppy Seconds podcast.
Fena currently has multiple sources of income. In addition to drag shows and tips, Fena styles wigs and works behind the scenes styling Trixie and Katya and has been known to make costumes here and there. Fena also has a YouTube channel that she may be monetizing in the future. Working with Trixie and Katya are the biggest money makers for Fena, and costumes is the smallest slice on the revenue pie.
Throughout the years, Fena has changed her pricing structures and costs, having done hourly and sliding scale models. Depending on the turnaround time and supplies, Fena may charge a rush fee on wig styling.
Fena explains the difference between lace front and hard front wigs and what goes into the cost of styling a wig. Hard front wigs are making a comeback due to COVID and factory shutdowns impacting lace wig production.
Having auditioned for Drag Race 10 or 11 times, Fena viewed it as a stepping stone for her career, saying she she didn't want to wait anymore so she started her YouTube channel to get herself on people's screens.
Fena shares what it's like to work with Katya and Trixie on Netflix's "I Like to Watch," and how she balances styling for the show with her other projects.
To wrap up the episode Fena asks me questions about what the financial side of her busines should look like to buy a house in the next 10 years including saving or a mortgage, checking her credit score regularly, and be able to provide at least two years of tax returns, and maintaining your bookkeeping.
_____________________________________________CONNECT WITH OUR GUEST📷 Instagram: https://www.instagram.com/fenabarbitall🐦 Twitter: https://twitter.com/fenabarbitall🤳🏻 TikTok: https://www.tiktok.com/@fenabarbitall🎥YouTube: https://www.youtube.com/channel/UCWZA0ofPI4lnfiG5F0bjZtQ💰Venmo: https://account.venmo.com/u/fenabarbitall_____________________________________________CONNECT WITH ME📷 Instagram: https://www.instagram.com/dragtax 🐦 Twitter: https://twitter.com/dragtax 🤳🏻 TikTok: https://www.tiktok.com/@dragtax🖥 Website: https://www.dragtax.com 📧 E-mail: braden@dragtax.com_____________________________________________
𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥𝗦THIS IS NOT LEGAL ADVICE - Everything contained on this channel is meant solely for entertainment and informational purposes. Nothing herein should be considered legal advice nor does anything on this channel create an attorney-client relationship of any sort. Please seek guidance from a licensed attorney before making any legal decision.COPYRIGHT - Any use of copyrighted content on this channel constitutes fair use pursuant to 17 U.S. Code § 107 as it is utilized for the purpose of criticism, comment, or news reporting allowed under that statute. See, e.g., Monster Communications, Inc. v. Turner Broadcasting Sys. Inc., 935 F.Supp. 490 (S.D. N.Y., 1996); SOFA Entertainment, Inc. v. Dodger Productions, Inc., No. 2:08-cv-02616 (9th Cir. Mar. 11, 2013); Equals Three, LLC v. Jukin Media, Inc., 14-09041 (C.D. Cal. Oct. 13, 2015). AFFILIATE LINKS - This description may include affiliate links that allow me to make a small profit (at no extra cost to you!) on purchases made through them. I only include links to products I genuinely recommend.
On this episode of the podcast I chat with Fena Barbitall about her multiple sources of income and answer her tax questions.
_____________________________________________
🤓 Get a free copy of my bookkeeping template📘 Grab a copy of the book
_____________________________________________
We kick off the episode with a lightning round of questions including her favorite season of Drag Race, what she's doing on a night off and her go-to lip sync song.
If you see her in public you can call her Fena, or Ryan, using he/she/or they pronouns.
Learn more about Fena and how she got into drag on the Sloppy Seconds podcast.
Fena currently has multiple sources of income. In addition to drag shows and tips, Fena styles wigs and works behind the scenes styling Trixie and Katya and has been known to make costumes here and there. Fena also has a YouTube channel that she may be monetizing in the future. Working with Trixie and Katya are the biggest money makers for Fena, and costumes is the smallest slice on the revenue pie.
Throughout the years, Fena has changed her pricing structures and costs, having done hourly and sliding scale models. Depending on the turnaround time and supplies, Fena may charge a rush fee on wig styling.
Fena explains the difference between lace front and hard front wigs and what goes into the cost of styling a wig. Hard front wigs are making a comeback due to COVID and factory shutdowns impacting lace wig production.
Having auditioned for Drag Race 10 or 11 times, Fena viewed it as a stepping stone for her career, saying she she didn't want to wait anymore so she started her YouTube channel to get herself on people's screens.
Fena shares what it's like to work with Katya and Trixie on Netflix's "I Like to Watch," and how she balances styling for the show with her other projects.
To wrap up the episode Fena asks me questions about what the financial side of her busines should look like to buy a house in the next 10 years including saving or a mortgage, checking her credit score regularly, and be able to provide at least two years of tax returns, and maintaining your bookkeeping.
_____________________________________________CONNECT WITH OUR GUEST📷 Instagram: https://www.instagram.com/fenabarbitall🐦 Twitter: https://twitter.com/fenabarbitall🤳🏻 TikTok: https://www.tiktok.com/@fenabarbitall🎥YouTube: https://www.youtube.com/channel/UCWZA0ofPI4lnfiG5F0bjZtQ💰Venmo: https://account.venmo.com/u/fenabarbitall_____________________________________________CONNECT WITH ME📷 Instagram: https://www.instagram.com/dragtax 🐦 Twitter: https://twitter.com/dragtax 🤳🏻 TikTok: https://www.tiktok.com/@dragtax🖥 Website: https://www.dragtax.com 📧 E-mail: braden@dragtax.com_____________________________________________
𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥𝗦THIS IS NOT LEGAL ADVICE - Everything contained on this channel is meant solely for entertainment and informational purposes. Nothing herein should be considered legal advice nor does anything on this channel create an attorney-client relationship of any sort. Please seek guidance from a licensed attorney before making any legal decision.COPYRIGHT - Any use of copyrighted content on this channel constitutes fair use pursuant to 17 U.S. Code § 107 as it is utilized for the purpose of criticism, comment, or news reporting allowed under that statute. See, e.g., Monster Communications, Inc. v. Turner Broadcasting Sys. Inc., 935 F.Supp. 490 (S.D. N.Y., 1996); SOFA Entertainment, Inc. v. Dodger Productions, Inc., No. 2:08-cv-02616 (9th Cir. Mar. 11, 2013); Equals Three, LLC v. Jukin Media, Inc., 14-09041 (C.D. Cal. Oct. 13, 2015). AFFILIATE LINKS - This description may include affiliate links that allow me to make a small profit (at no extra cost to you!) on purchases made through them. I only include links to products I genuinely recommend.
57 min