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How many times have you heard about people leaving their high-paying jobs, to build a business empire that doesn't have much to do with their education or work experience? I'm sure the answer is not many but some people like our guest for today Melody McCloskey have.

From being a product manager to the founder of a successful business StyleSeat, this superwoman is living proof that trusting your abilities can help you achieve wonderful things.

It was a really intimidating process for me but I had to go out there and just do it..

Key takeaways

#1 Transformation in the beauty industry

15 years ago, beauty standards were like the cover of Vogue magazine, if you didn't fit in the skinny white girl type, you didn't fit in at all but now beauty standards are so much more inclusive now which does not only affect us at an individual level but also as professionals in the beauty industry. There is now much more scope to express your natural creativity, therefore, right now is the golden opportunity to join the beauty industry if you are passionate about it.

#2 Effective failure management

Failure sound intimidating to you? As an entrepreneur, it shouldn't. If you want to build a business that lasts, get comfortable with experiencing failures. Accept the situation, adapt, and use it as a valuable learning opportunity.

Timestamps

0:12-4:36

Melody shares how she built her business StyleSeat which empowers beauty professionals by helping them increase revenue through efficiency and client acquisition. She also discusses the financial battles she fought to pursue entrepreneurship.

34:41-37:26

Melody provides valuable social media marketing advice for beauty salon owners who want to establish a strong portfolio and digital presence, and explains how simple things when practised consistently, create a huge impact.

Key Quote

“As an entrepreneur, you need to understand that even when you get successful, you will have to deal with problems, that rollercoaster is a constant, no matter how big you grow.”

Make sure to check out our podcast for more beauty content.

About Guest

https://www.styleseat.com/m/ CODE: LKG25

Sponsors

Sky Premium Life Products https://skypremiumlife.co.uk/

https://www.instagram.com/skypremiumlife/

Code for 15% OFF : kgpodcast15

Flawless Beauty Accounting - 50% OFF your first month using code: KG50

https://flawlessbeautyaccounting.co.uk/

Instagram: @flawlessbeautyaccounting

TNB Skills Training

Our funded apprenticeships now come with exclusive access to the High Performance Stylist Platform

Apply now quoting KGPodcast www.tnbskillstraining.co.uk/contact/

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Application only!

One business per location!

DM me on instagram "Growth" if you want to grow to £6,000 months and get fully booked.

Or

DM me "Scale" if you're already taking over £7,000 a month and want to scale past £15,000 months working half the time!

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The thought of managing two salon businesses along with a training academy sounds intimidating to most people but our guest for today Lisa is not one of them. Let's hear her inspiring story of entrepreneurship, and get to know the business secrets that keep her thriving in the beauty industry.

Timestamps

00.49-6:11

Lisa shares how she got into business after completing her education in hairdressing and beauty along with her exciting school experiences.

16:09-17:20

The two discuss how Lisa's money-spending mindset, which involves very conscious spending and strict financial calculations, impacts her pricing decisions. She also shares how losing her parents created some nervousness while dealing with money.

Key takeaways

#1 Hair and Beauty don't go together very well

Looking for some advice on how to set up a salon business? You can start by ensuring your salon has separate areas for hair and beauty work if you want to incorporate both of these services. This will help create a better atmosphere for your clients since hair salons generally are louder and crazier as compared to salons for beauty treatments that have a calmer atmosphere. Along with offering valuable services, being mindful of client comfort will help you benefit from repeat customers and improve customer satisfaction.

#2 Effective stock management

The struggles of managing stocks effectively can be intense and draining but there are a few things that can help you keep a strict check on your inventory. These include well-formulated policies, strong ethics, and partnering with companies that don't have massive minimal spending. (Tune in to learn more about each of these!)

“If you've got the passion, you will do well!”

About Guest

Www.perfect10nailsandbeauty.com

Www.avenueacademy.co.uk

Sponsors

Sky Premium Life Products https://skypremiumlife.co.uk/

https://www.instagram.com/skypremiumlife/

Code for 15% OFF : kgpodcast15

Flawless Beauty Accounting - 50% OFF your first month using code: KG50

https://flawlessbeautyaccounting.co.uk/

Instagram: @flawlessbeautyaccounting

TNB Skills Training

Our funded apprenticeships now come with exclusive access to the High Performance Stylist Platform

Apply now quoting KGPodcast www.tnbskillstraining.co.uk/contact/