#366 - IRS tax announcement and how it could impact stylists and salon owners
Release Date: 12/16/2024
#418 - The Second Job You Need If Clientele Is Building Slowly....
Thriving Stylist Podcast
Are you working 60-hour weeks, juggling chair time with a second job, and still feeling like you're just hanging on by a thread? Stylists everywhere are asking if they're the only ones having to pick up a side hustle just to get by, and today, I want to shed light on what’s happening right now in our industry and what exactly is going on. In this episode, we're cutting through the noise and revealing the single most profitable "second job" available to every stylist, and hint, it’s a fully flexible, work-from-your-phone role that promises to double your income without requiring...
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#417 - The #1 Shift That Is Crippling Stylists & Owners
Thriving Stylist Podcast
Are you feeling that exhaustion, that silent virus of burnout and resentment cutting through your salon? Maybe you’re wondering why the joy and momentum of the pre-2020 industry seem gone, replaced by a deep, collective craving for the past? If so, then this one is for you. Today, I’m bringing you a slightly "woo-woo" mindset episode, and peeling back the layers on the Achilles heel that's crippling growth: our deep aversion to change. In this episode, I reveal a profound insight I had during my own reflection time, a real breakthrough moment for me, and I think it will be for you too....
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#416 - End Of Year Retail Strategy Every Salon Should Be Using
Thriving Stylist Podcast
Are you maximizing your salon's profit potential, or are you unintentionally leaving thousands on the table? Did you know the retail inventory on your shelves right now could be costing you? I consider this a can't-miss, strategic episode, and one that you just can’t afford to skip! In this episode, I walk you through the critical, step-by-step exercise every single salon owner needs to complete before the year ends. This isn't just about counting bottles; this strategy will dramatically boost your tax savings, reveal the true health of your retail program, and instantly show you which...
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#415 - How to Keep Serving When the Market is Down
Thriving Stylist Podcast
Maybe your business is at a 15-year low due to the recent government shutdown, tech layoffs, or the painful "groceries vs. grooming" dilemma clients are facing? Or you may find yourself sacrificing your profit margin by slashing prices just to survive, only to create a "slippery slope" that leads to resentment. The service industry is facing massive uncertainty, and this is leaving many stylists feeling completely out of control, but we’ve got something to help…. In this episode, I’m joined by a special guest, Thrivers Certified Coach Nine, as we unveil a revolutionary,...
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#414 - 8 Annual Planning Mistakes Stylists & Salons Should Avoid This Year
Thriving Stylist Podcast
Are you happy with your business right now? I mean, truly happy? Are you making emotional decisions that are costing you real money and growth? If you wait until January to plan your year, you’ve already lost 20 percent of your earning potential, but it doesn’t have to be this way. Today, I cut through the noise and deliver a no-fluff, 8-step framework designed to totally transform your 2026 revenue, because business, and life as a whole, shouldn’t be just about surviving. So, let's make the tactical moves right now to create your most successful, efficient, and thriving year yet....
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#413 - Take Home 6-Figures Without Extensions, Assistants or Double Booking
Thriving Stylist Podcast
Is it really possible to take home six figures, a $100,000 after-tax income, without relying on extensions, hiring an assistant, or the hustle of double booking? Today, we're diving deep into the math and the mindset behind building a streamlined, highly profitable solo stylist business without the “extras!” When the average family of four needs over $200,000 just to be comfortable in major U.S. cities, the vision of the industry as "supplemental income" is over. Your income is critical, and the pressure to achieve is real. Stop the grind and start scaling your core services...
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#412 - How Would a Salon Membership Work?
Thriving Stylist Podcast
Can a consistent stream of recurring revenue solve your cyclical business struggles? It sounds like the dream: improved client retention, a predictable paycheck, and less worry. But hold up; before you jump on the latest viral trend promising a membership model solution, you need to hear this! Today, I break down the hot topic of Salon Memberships and why most advice you see online (including that viral video!) is flat-out illegal and logistically impossible for a service-based business. Don't risk a legal nightmare or unnecessary administrative hassle; listen now to find out if...
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#411 - When To Decrease Your Prices
Thriving Stylist Podcast
What if I told you that strategically lowering your prices could be the smartest financial move you make this year? Every stylist comes to me wanting to raise their rates, but the truth is, sometimes you are simply overpriced for your market. If you are experiencing a drop in demand or struggling to keep your long-term clients, you have to diagnose the real issue before making a knee-jerk mistake. Today, we are having the conversation you never hear: When is it actually appropriate to decrease your prices? This is something I’ve never talked about on the podcast before, and I'm revealing the...
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#410 - Salon Owner: Your Stylist Wants You To Hear This
Thriving Stylist Podcast
Is your business at a breaking point? Are your top-performing stylists whispering about a walkout in the break room? Like the seasons, there’s a change in the air, and you answered ‘yes’ to these questions, then this episode is a lifeline for you and your business. The truth is, your stylists don’t want to leave, but they can’t stay in a model that’s stuck in 2010. The industry is deep into "The Great Divide," forcing salon owners to reckon with a new normal, and I unpack it all in this one. In this episode, I explain the radical shift in stylist expectations and reveal...
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#409 - The 9 Numbers That Measure Growth Potential in a Stylist’s Business
Thriving Stylist Podcast
You feel like you’re on a hamster wheel, doing everything you can, but your clientele and income aren't growing. But what if the metrics you’re tracking, like pre-booking and retail sales, are actually irrelevant to your success? I am not a fan of coaching systems and coaching models where every stylist needs to reach the same level of metrics in order to be deemed successful. Times are changing and the world is faster, so today I want to talk about the 9 numbers that will predict if a stylist is doing well and is going to be successful, whether you are a booth renter, a studio suite...
info_outlineThe IRS is now using AI to search tax records and open audits, but what exactly does this mean for stylists and salon owners? Today, I want to talk about how this latest news from the IRS could significantly impact your business, and I break down the key areas where the IRS’s AI is likely to focus, while sharing strategies to help mitigate risks and ensure your tax filings are accurate.
Whether you're a solo stylist or own a thriving salon, it's important to stay informed about the latest tax developments. While this all might sound alarming, understanding the implications can help you stay compliant and protect your hard-earned money, and I hope this episode helps you avoid any potential tax troubles that may trip you up!
Do you have a question for me that you’d like answered in a future episode like this one? A great way to do that is to head over to Apple Podcasts and leave a rating and review with your question. I'm looking forward to answering your question on a future episode on the podcast!
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Learn more at: https://thrivingstylist.com/podcast/