
E45: Are You Ready to Transition Away from Your Salon?
Are you ready to exit your hair salon? In this episode, Brett shares 10 key questions you should ask yourself to determine if you’re ready to transition away from your salon business.
One of the biggest mistakes salon owners make is spending too much time working in their business and not enough time working on their business.
But the truth is, you can’t build real wealth simply running a hair salon. You become wealthy by scaling and exiting it on your terms.
If you have no idea what the end game is for you and your salon, you’ll end up working forever. However, your salon is more than just your source of income. I’m here to help you turn it into your biggest asset, so no matter what happens in the external market, your financial future is secure.
Welcome to the Unchained From the Chair Podcast, where you go behind the scenes with host Brett Fellows, CFP®, as he explores the opportunities and challenges facing salon owners balancing business ownership with personal financial management along the path to financial freedom. Each episode is designed to give you fresh insights and actionable advice so you can take ownership of your financial future and retire on your terms.
Are you ready to exit your hair salon? In this episode, Brett shares 10 key questions you should ask yourself to determine if you’re ready to transition away from your salon business.
Stylist and salon owner turned international business coach Nina Tulio shares the lessons she’s learned along her entrepreneurial journey.
In this episode, Brett shares his insights on choosing the right buyer if you’re thinking about one day selling your salon business.