241 How to Thrive Through All Phases of the Salon Owners Entrepreneurial Journey with Sean Hanna
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The entrepreneurial journey is an ever-evolving process and every stage brings with it unique challenges and opportunities.
The creative aspects of the salon industry are often what attract people to it, but if you’re going to make a success of yourself in a creative industry, it’s every bit as important to focus on the financial side too.
Today’s guest is Sean Hanna, a London-based hairdresser and multi-salon owner, property owner, business consultant, and entrepreneur in the real sense of the word!
In this episode, we discuss:
● The phases that a business owner evolves through during a successful career
● The importance of managing the numbers
● Why you need an exit strategy…
And lots more!
In this Episode:
[02:35] Sean provides an overview of the six phases of business ownership.
[06:31] The question that Sean is most commonly asked by salon owners.
[06:52] Why Sean wrote his ebook, The Entrepreneur’s Guide to the Galaxy, and where you can access it for free.
[09:03] Finding the balance between the creative and financial elements of a salon business.
[12:31] Sean’s educational background and his approach to managing money.
[18:45] The motivation behind the founding of Sean and Skyler’s colour-only salon and the lessons they learned from it.
[25:02] Why you need an exit strategy and when you should start developing one.
[34:10] The evolution of Sean’s business and advice for growing your own.
[37:11] The model that Sean uses to help salon owners exit their businesses.
[40:36] Factors Sean takes into consideration when deciding whether to close a salon.
[44:43] Where you can connect with Sean.
[45:23] Final inspirational words from Sean.
Thanks so much for joining me this week. If you enjoyed this episode, please leave a review. Ratings and reviews are extremely helpful and greatly appreciated!
They do matter in the rankings of the show and help other people find my podcast.
I also love to hear what’s been helpful and what you love about the podcast! Just click here to review, scroll to the bottom, tap “Ratings and Reviews” tap to rate with 5 stars and “Write a Review” and let me know what your favourite part of the podcast is. Thank you for your support!
Special thanks to Sean for sharing his insights with me for this week’s episode. Until next time!
Antony
Links and Resources:
Grow My Salon Business
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Sean Hanna
259 episodes