7 Figure Salon Podcast

E59 - Changing to Growth in the Salon Industry

Join Rachel and Drew in this engaging episode of the 7 Figure Salon Podcast as they dive into the exciting changes and challenges in their salon business. The conversation kicks off with a light-hearted discussion about family dynamics and Halloween memories, setting a relaxed and relatable tone.
The hosts then transition into the serious business decisions they're making, including the removal of certain product lines like Oribe from their shelves, in favor of more exclusive brands like Balmain. They explore the impacts of large brand distributions on small businesses and share insights into their innovative BYOB (Build Your Own Brand) retail initiative, aimed at empowering salon owners to create and market their own product lines.
Rachel and Drew discuss the challenges of retail sales in the beauty industry, emphasizing the importance of exclusive products in maintaining client loyalty and covering salon overheads. They highlight the exciting developments in their business, including a new warehouse with a lab for clients to customize their formulations.
Amidst the business talk, the hosts share their upcoming travel plans to Cancun and China, where they'll be documenting the behind-the-scenes processes of hair extension manufacturing. They invite their clients to participate in content creation opportunities during these trips.
Tune in to hear about their journey through private equity, syndication, and the growth of their salon empire. Rachel and Drew offer valuable insights and a peek into the future of salon retail, making this episode a must-listen for salon owners and entrepreneurs in the beauty industry.

E58 - Innovations and Adventures

Join Rachel and Drew in this engaging episode of the 7 Figure Salon Podcast as they dive into personal anecdotes and exciting developments in the beauty industry. Rachel shares her pregnancy journey, while Drew brings humor with family tales, setting a light-hearted tone for the episode.
The hosts discuss significant business decisions, including the strategic move to pull Oribe products off their shelves in favor of more exclusive brands like Balmain. They explore the impact of big brands on small businesses and introduce their innovative project, BYOB for retail, aimed at empowering salon owners with custom product lines without hefty startup costs.
Rachel and Drew reveal their upcoming international adventures, including a documentary project in China to showcase the hair extension manufacturing process. They offer salon owners a unique opportunity to feature their branding in this behind-the-scenes content. The episode wraps up with anticipation for the exciting journeys ahead and a promise to share their experiences with listeners.

E 57 - Leadership and Team Dynamics in the Salon Industry

Join Rachel and Drew in this insightful episode of the Seven Figure Salon Podcast as they dive into the dynamics of leadership and team management in the salon industry. Rachel shares her personal journey of expecting a new baby while maintaining a successful business, highlighting the importance of adapting and evolving in both personal and professional spheres.

The hosts discuss the significance of voting and civic responsibility, drawing parallels between active participation in democracy and engagement in business leadership. They emphasize the need for clear communication and strategic planning when navigating challenges, especially in uncertain economic times.

Rachel and Drew share their experiences in identifying and addressing leadership issues within their businesses. They offer practical advice on how salon owners can develop leadership skills, foster team collaboration, and ensure that their teams are aligned with company goals. The conversation extends to the importance of setting clear expectations, holding effective meetings, and the role of ownership and accountability in achieving business success.

With a blend of humor and real-life examples, Rachel and Drew provide valuable insights into the intricacies of managing multiple business ventures while maintaining a healthy work-life balance. Tune in to learn how to lead your team more effectively and drive your salon business toward success.

E 56 -Pregnancy, Politics, and Personal Growth

Join Rachel and Drew in this lively episode of the 7 Figure Salon Podcast as they share personal anecdotes and insights into the complexities of life, including Rachel's pregnancy journey. They delve into the awe of creating life, the joys, and the challenges that come with it, all while maintaining a sense of humor and wonder.
The conversation takes a turn towards the impact of politics on consumer behavior, especially during election years. Rachel and Drew discuss how political climates can affect business dynamics, particularly in the salon industry, and share strategies to navigate these challenges. They emphasize the importance of voting and being informed without getting overwhelmed by media distractions.
Rachel and Drew also touch on the significance of self-awareness, mental health, and maintaining a healthy lifestyle. They offer practical tips on managing distractions, focusing on personal growth, and the importance of taking care of one's health to thrive in both personal and professional life.
Tune in for an episode filled with personal stories, thoughtful discussions, and practical advice to help you balance the demands of life and business.

E 55 - Navigating the Bumpy Road of Business and Life

Join Rachel and Drew on the 7 Figure Salon Podcast as they delve into the relentless world of problem-solving in business and life. The duo candidly discusses the challenges they face while running multiple businesses and managing a bustling household. Rachel shares personal anecdotes about learning to tackle problems head-on, from firing an employee for the first time to dealing with unexpected fires at home.In this episode, they emphasize the importance of perseverance and mastering the basics in order to achieve extraordinary results. Rachel and Drew also reflect on how the pressures of life and business can impact personal relationships, sharing insights from their own experiences. They encourage listeners to embrace challenges as opportunities for growth and to remain focused on their long-term goals, even when the road gets rough.With a busy schedule ahead, including trips to Dallas, Cancun, and China, they discuss how they manage stress and maintain balance amidst the chaos. Rachel and Drew remind us that the journey to success is not always smooth, but with determination and a positive mindset, it is possible to overcome any obstacle and build the life and business of your dreams.

E 54 - The Path to a 7-Figure Salon: Simplifying Growth and Expansion

Welcome to the 7 Figure Salon Podcast with Rachel and Drew, where we dive into the essentials of scaling your salon business to new heights. In this episode, Rachel and Drew discuss the common pitfalls of expanding too quickly and emphasize the importance of driving value and learning from mistakes.
Drawing from personal experiences, they highlight the significance of focusing on simplicity and mastering the basics to achieve a seven-figure run rate. The conversation covers the necessity of training your team effectively, managing expenses, and avoiding distractions that can derail your primary goals.
Rachel and Drew also share insights on the right time to expand locations, the importance of maintaining a strong team culture, and how to strategically utilize your resources for maximum growth. Tune in to discover how you can transform your salon into a thriving seven-figure business by focusing on what's truly important.

E 53- Navigating Negativity: Building a Bulletproof Business Mindset

Welcome to the 7 Figure Salon Podcast with Rachel and Drew. In this episode, Rachel and Drew discuss the overwhelming negativity present in today's media landscape and the importance of maintaining a positive mindset amidst chaos. Drew shares his recent experience with a stomach bug that led him to consume more social media than usual, highlighting the abundance of negative content. Rachel and Drew emphasize the significance of being a stable and solid ground for your team during uncertain times.They explore the impact of doom scrolling and the importance of focusing on personal growth and learning. Rachel shares her journey of transforming her business into a bulletproof model, emphasizing the value of teamwork and resilience. Drew reflects on the generational differences in handling anxiety and stress, offering insights on how to connect and lead effectively in a world full of distractions.Join Rachel and Drew as they provide valuable advice on maintaining positivity, fostering team loyalty, and building a successful business in a challenging environment. Tune in to gain insights on how to navigate the complexities of life and business while staying focused on growth and stability.

E 52 - The Rise and Fall of a Beauty Empire

Welcome to the latest episode of the 7 Figure Salon Podcast with Rachel and Drew. In this episode, Rachel and Drew dive into a hot topic currently shaking the beauty industry. They discuss the unexpected collapse of the Natural Beaded Rows (NBR) empire, a once-thriving business with a devoted following.
The hosts share insights from their conversations with former NBR artists and salon owners who have sought guidance after feeling "bamboozled" by the sudden downfall of NBR. Rachel and Drew explore the impact of this event on the community and emphasize the importance of staying true to one's values in business.
Throughout the episode, they encourage listeners not to lose hope in education and mentorship, highlighting the value of being part of a supportive community. They also offer an invitation to learn more about their own coaching and community opportunities for those seeking a fresh start.
Join Rachel and Drew as they unravel the story behind this industry upheaval and offer a message of resilience and hope to those affected. Don't miss this eye-opening discussion on the perils and promises of the beauty business.
 
If you want to have a conversation about your business and go over exaclty what to do to take it to the next level we would love to meet you!  
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E 51 - Discover SalonCon: Elevate Your Salon Team in Cancun

Join Rachel and Drew on the latest episode of the 7 Figure Salon Podcast as they unveil the exciting details of SalonCon, an exclusive event tailored for salon owners and their teams. Taking place from January 10th to 13th in Cancun, this unique event is designed to equip your team with the tools and education needed to elevate your salon business.
Held at the luxurious Ava Resort, SalonCon promises a curated experience with top-tier training on hair extensions, sales performance, and team-building, tax strategy and real retirement planning for beauty pro's. Whether you're looking to expand your service offerings or improve team dynamics, this event is the perfect opportunity to invest in your salon's growth.
Rachel and Drew also share a personal update, revealing exciting news about their growing family. Don't miss this episode to learn more about SalonCon and the benefits it offers for salon professionals.
 
...Get Your Tickets At www.SalonCon.Live 
...For more info grab a spot on our teams calendar here! BOOK A CALL 
 
 
 

E50 - THIS IS A GAME CHANGER FOR HIRING THE RIGHT HUMANS

Welcome to this episode of the Seven Figure Salon Podcast with Rachel and Drew! Today, we're days away from our Nashville mastermind event, despite the impending hurricane affecting our plans. We discuss the potential impact on our VIP dinner and other event logistics. Rachel's positive outlook shines through as she shares her excitement for the BYOB client photo shoot, highlighting the collaborative spirit among salon owners.
We dive into how our clients are achieving significant profits by refining processes and pricing strategies. Drew emphasizes the importance of understanding financial metrics, forecasting, and the critical role of a CFO versus an accountant in business growth. We also introduce the Predictive Index tool, a game-changer in hiring and team management, sharing insights on how it helps us place the right people in the right roles.
Tune in to learn about leveraging behavioral assessments for better team dynamics and how focusing on numbers can drive your salon's success. Don't miss the special opportunity to take the Predictive Index assessment and gain valuable insights into your strengths!
 
THE PREDICTIVE INDEX TOOL