Be a THRIVER … Not a Survivor
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FACT #2: For your salon/spa to thrive — you need to be a bold, innovative, and decisive leader. Anything less keeps you stuck in survival mode. Survival mode sucks.
There have always been employee-based salons/spas that, from all outward appearances, are wildly successful.
Likewise, there have always been salons/spas that struggle with toxic cultures, employee turnover, and cash-flow problems.
More than any time in recent memory, the salon/spa business landscape is separated into two distinct segments — those that are thriving and those that are merely surviving.
Wake-up call: The merely surviving group is abnormally high and cause for concern.
The above observation is based on Strategies’ 27+ years of coaching salon/spa owners.
What’s going on?
All businesses in every sector of the economy are dealing with a severe labor shortage. According to experts, the labor shortage may ease a bit when unemployment benefits expire, but it isn’t going away any time soon.
The ever-present employee turnover at salons/spas, combined with the labor shortage, complicates an already stressful situation. As a result, many owners are having trouble seeing any light at the end of the pandemic tunnel.
Rising operating costs and tight cash flow just add to an already stressful situation.
Many of the challenges and frustrations that salon/spa owners are experiencing existed long before the pandemic. It’s the after-affects of the pandemic that are pushing too many owners to ask, “Is this all worth it?”
So … is business ownership worth it in these crazy times?
The answer is an emphatical — HELL YES!
Without question, all owners strive to be thrivers. But what many fail to realize is that thriving is a collection of leadership disciplines, accountability, determination, culture building, financial literacy, innovation (the ability to think outside the box), just to name a few.
Here are six No-Compromise Leadership strategies to get and stay in thriver mode and say “goodbye” to survival mode forever:
Thrival mode is a choice: Misery loves company in survival mode. Why? Because all the members of the survival mode club are in some level of business pain. KEY: It’s time to join a new club where thrivers are thriving. It’s your choice to remain stuck or to begin the climb back to a better place. Yes, it may be a long road, but better to be heading in the direction of prosperity, pride in ownership, and having fun being an entrepreneur.
Take control of your salon/spa: When you’re in survival mode, you’re not in control of your business. It’s free-floating. It’s coasting and making zero forward progress. KEY: Leaders lead. Leaders make big and tough decisions. Leaders show up ready to inspire and coach their employees to achieve their full potential so the salon/spa can achieve its full potential. And no matter how painful it may appear, if you have a toxic employee, it’s time to purge the negativity. Take control.
Reignite your culture: You can talk culture until the cows come home, but nothing changes until you decisively hit the reset button. KEY: “Decisively” means renewed purpose, clarity of vision, and a level of determination that everyone on your team can see and feel. Remember, culture shifts begin with the leader.
Don’t allow the labor shortage to derail you: OK, there’s a labor shortage. You can complain about all you want, but it’s not going away anytime soon. KEY: The resources are people you have right now that are your precious resources to leverage a better future. The hell with the labor shortage. Fire your team up to do more with what you have. There’s a whole lot of good that comes from mastering the disciplines of operating fast and lean.
Raise your freak’n prices: Recent Monday Morning Wake-Up blog posts have been cheerleading the need to raise service prices. Not just minor incremental price increases — but major make-a-statement price increases. KEY: High demand and high productivity rates create the perfect storm for a major price increase. This is NOT a money grab or attempt to take advantage of clients. This is business. Industry-wide price increases are long overdue. Charge what you’re truly worth.
Show up every day as the “yes we can” leader: No one wants to follow a burnt-out leader that doesn’t believe in a better tomorrow. KEY: Snap out of it. You can do this. Take the first step to a better tomorrow and the steps will continue to get easier as you make progress. Do it!
Here’s my challenge to you: We’ve been coaching salon/spa owners for over 27 years. We’re damn good at it.
We can show you the path to a better tomorrow, but it’s your choice to take that path. Our job is to teach you how to use all the tools on your business control panel — and hold you accountable. And yes, we’ll talk you off the ledge when necessary. Hey, it happens to all of us.
Thriving is the goal of every salon/spa owner. Learn and master the disciplines. Build momentum. Create a dynamic employee-based culture. Build cash reserves.
You can thrive.
? Schedule a free 60-minute strategy session to start building your Team-Based salon, spa, or medspa … CLICK HERE
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