In this episode, Brie and Chandra discuss the importance of investing time and money wisely in salon and spa businesses. They highlight the tendency of salon owners to focus on technical skills and services, often at the expense of business growth. They emphasize the need to prioritize business analysis and training in areas that will increase revenue and profitability, such as sales and retail. The hosts share personal experiences of investing in technical courses that did not yield expected returns and stress the importance of measuring the return on investment for non-technical courses. They also discuss strategies for balancing time spent working in the salon with time spent working on the business, and the need to break the cycle of prioritizing immediate comfort over long-term growth. The episode concludes with a call to invest in personal development and seek help from business experts to overcome stagnation and make better decisions for business success.

Takeaways

• Salon owners often prioritize technical skills and services over business growth, which can hinder profitability.
• Investing in sales training and retail strategies can have a significant impact on revenue and profitability.
• Measuring the return on investment for non-technical courses is crucial to ensure they are worth the time and money.
• Balancing time spent working in the salon with time spent working on the business is essential for growth.
• Breaking the cycle of prioritizing immediate comfort over long-term growth is necessary for business success.
• Investing in personal development and seeking help from business experts can overcome stagnation and lead to better decision-making.