Why 50% Commission is Bad for Business and Other Team Building Tips
Lessons of a Lashpreneur
English - November 19, 2021 07:55 - 34 minutes - 63 MB - ★★★★★ - 164 ratingsBusiness Arts Fashion & Beauty Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
On today’s episode, I’m sharing with you an Instagram live I did in response to a salon owner who was struggling to find any decent talent for less than 50% commission and I also share WHY 50% commission is detrimental to the long term success of your business.
If you have a team or you’ve ever considered building out a team to work under you - this episode is a must-listen!
If you’re interested in joining the Momentum Mastermind where I will coach you and a small group of fellow salon owners in the steps to hiring, onboarding, and managing a team profitability and legally - hit me up in the DMs on instagram @thelashpreneur
Episode Highlights:
[1:57] - The financial ramifications or benefits that come with building out a team
[7:12] - The reason why 50% commission is a thing in our industry
[14:17] -Why having a clear vision statement is essential for your business growth
[19:58] -The relevance of understanding business finances to ensure a great amount of profit
[33:40] - What you'll get from joining the Momentum Mastermind