Today, I have the distinct pleasure of introducing a guest who is not only a trailblazer in the world of accounting but also an innovator in the beauty industry. Michelle Cook is the visionary behind Carter Cook CPAs, a firm that’s revamping the financial landscape for beauty professionals.
From her early beginnings as an eager student at beauty school to her impressive pivot into the world of numbers, Michelle’s journey is nothing short of inspiring. In fact, after realizing that many beauty professionals transition into business ownership without the necessary financial acumen, Michelle saw an opportunity to make a real difference. And she didn’t just stop at identifying the problem. She took action by diving into the world of business management, where she excelled, especially in the daunting world of accounting.
Her achievements are impressive, having turned the highest score on her accounting final into a thriving business that caters specifically to salon owners. Indeed, Michelle and her firm stand at the forefront of a unique “concierge service” business model, providing personalized and essential services that go beyond the balance sheet.
Financial Mastery with Michelle Cook
In this episode, Michelle delves into the nuances of her transition from beauty to accounting, the critical nature of her services to salon owners, and the conscious choices she’s made in shaping her firm. She also sheds light on the essence of value in the services we offer and how she balances the growth of her firm with the ultimate success metric – raising happy, kind, and helpful human beings.
If you’re ready to discover the secrets to financial mastery in the beauty industry and learn how Michelle’s approach to business is helping beauty professionals everywhere to rewrite their financial narratives, then you’re sure to enjoy today’s conversation. So, with that, I hope you enjoy this episode of the Unchained from the Chair podcast with Michelle Cook.
[04:36] How Michelle Cook transitioned from beauty pro to accounting maven.
[09:47] Why Michelle decided to start her own firm, Carter Cook CPAs.
[15:50] The evolution of Carter Cook CPAs and where it stands today.
[21:24] Michelle’s “concierge service” business model.
[27:44] The importance of pricing yourself correctly as a beauty pro.
[35:44] What surprised Michelle Cook most about her entrepreneurial journey and the lessons she’s learned along the way.
Links Relevant to this Episode
Michelle Cook’s Instagram
Looking for more tips on how to grow, scale, and ultimately sell your hair salon business? Check out our other Unchained From the Chair podcast episodes.