10 Minute Beauty Business Podcast with Lexi Lomax

Welcome back to another episode of The 10 Minute Beauty Business Podcast.

In this episode, we're speaking about something that all of us have faced at one time or another: imposter syndrome and a lack of confidence. By tuning in, you'll discover how to boost your self-belief, take calculated risks, and create a business that feels fulfilling. We'll explore how even the smallest shifts in mindset can lead to transformative changes in your business and personal life.

Confidence and imposter syndrome often go hand in hand. It's easy to doubt your abilities, but it's crucial to push past these limiting beliefs. I'll share practical tips to help you recognize your achievements, challenge negative thoughts, and set realistic goals that boost your confidence. Surrounding yourself with supportive people and viewing failure as a learning opportunity are key steps toward achieving your Dream Ten.

As we wrap up, I want you to take a deep breath and let go of whatever's holding you back. Remember, you're either going to fail forward or succeed spectacularly—both paths lead to progress. Let's focus on creating a business that aligns with our dreams and brings joy. Here's to building confidence and overcoming imposter syndrome together!

Also, I'm so excited for the second Dream Ten Retreat with my advisory clients! It's all about creating space for impactful conversations that elevate businesses and improve lives. Plus, I'll be sharing insights from the upcoming "Visibility Tenfold" masterclass, which will help you amplify and elevate your beauty business, focusing on strategies beyond social media.

And don't forget, I'm always here for you in the DMs, ready to help out with your burning questions!

Have a fantastic week, and I'll chat with you soon.

In today’s episode of the 10 Minute Beauty Business Podcast, I dive deep into the often-overlooked needs of salon suite owners and share an exciting new launch that's been buzzing in my mind and now, finally, ready to share with you! If you've ever felt the pinch of not being fully supported or struggled with making your beauty business profitable, this episode is a must-listen. I’m unpacking the myths and offering a fresh perspective on what it really takes to thrive in the beauty industry today.

I've been having some eye-opening chats behind the scenes, especially about the future of salon suites. Many suite owners feel unsupported and unsure about profitability, sparking intense discussions on the sustainability of this business model. We explore who really benefits from operating in a suite and how to leverage similar business strategies for your own growth. It’s about drawing lessons from others and applying them innovatively within your own walls.

On top of these insights, I'm thrilled to announce the launch of "Supported Salon Owner," a new initiative designed to provide the exact level of coaching and support you've been asking for—without the long-term commitment fears. This program allows you to engage with me for as short as three months or as long as forever! It’s tailored to fit your needs and help escalate your business while respecting your personal and professional boundaries.

Lastly, I get personal about the systems and strategies that have transformed my own salon into a well-oiled machine, allowing me to plan a significant maternity leave without fear. We'll discuss the power of becoming the 'least important person' in your business, embracing accountability, and the necessity of having a flexible plan. This episode is packed with actionable advice that can dramatically shift how you operate and succeed in the beauty industry.

Whether you’re a suite owner, a salon owner, or somewhere in between, today’s episode is filled with critical insights and strategies to help you navigate your business landscape with confidence and clarity. Don’t miss out on learning how to enhance your operational tactics and personal life, simultaneously skyrocketing your salon's efficiency and profitability! Check out all the details in the link below and let’s make your beauty business a beacon of success!

Don't forget to check out Supported Salon Owners which launches today!

In today’s episode of the 10 Minute Beauty Business Podcast, we're diving deep into the world of salon ownership and how to juggle the many hats you wear – from business strategist to beauty expert, and just being human. It's all about mastering the art of delegation, a skill that can truly transform your business and personal life. Because let's face it, even superheroes need a team!

Delegating isn't just about handing off tasks; it's about empowering your team and freeing up your time to focus on what only YOU can do. I've learned firsthand that trying to do everything alone can wear you down. Now, I'm all about finding shortcuts and smart strategies. Imagine having someone handle your inventory just one day a week. That’s two extra hours you could be spending with clients or even taking some well-deserved 'me' time. It’s about making your business work for you, not the other way around.

We also touched on setting boundaries to prevent burnout. It’s crucial to recognize that you can't do it all at once. Setting priorities and learning to say 'no' can actually help you say 'yes' to what truly matters—your goals, your peace, and your sanity. This shift in mindset is not just beneficial, it’s necessary for sustainable success. Remember, every yes comes with a cost, and it’s okay to be selective.

Finally, if you’re feeling stuck or overwhelmed, reach out. Whether it’s through mentorship, team collaboration, or even joining local meetups like the cool salon owner gatherings in Grand Rapids, support is key. Don’t try to go it alone. Embrace systems and structures that allow you to thrive creatively within your business without burning out.

To all my fellow salon owners out there, remember: your journey is unique, but you don’t have to walk it alone. Check out Salon Quarterly for actionable steps and systems designed to boost your business efficiency without sacrificing your creative spark. And as always, slide into my DMs or leave a comment if you have questions or just need to chat. Let's continue to grow and support each other in this beautiful business journey.

Welcome to another episode of the 10 Minute Beauty Business Podcast, titled "Balancing Salon Skills and Business Savvy"! Today, we dive deep into the common struggles salon owners face in managing both their craft and their business efficiently. It’s no secret that while many of you excel at providing top-notch salon services, the business side can sometimes feel like you’re drowning. I’ve been there too, feeling overwhelmed with no system or plan in place, and today, I want to help you turn that around!

In this episode, we discuss the importance of not just being a great stylist but also being a savvy business owner. The beauty industry demands creativity, but it also requires a solid grasp of business fundamentals to thrive. We explore the challenges of spending too much time behind the chair and not enough time steering the ship of your business towards growth and profitability. One of my salon minds members shared how she loves investing in hair techniques but hesitates when it comes to business investments. This sparked a crucial conversation about balancing skill development with business acumen.

I share insights and strategies on how to create a balanced schedule that allows for both personal growth in the salon and significant business development. We talk about setting parameters and allocating specific time slots for business tasks to make sure you're not just working in your business but on your business. It’s all about finding that sweet spot where managing your salon becomes as inherent as the styling skills you demonstrate daily. Also, we touch on the necessity of systems that help you manage your salon efficiently, ensuring that every minute spent on your business is impactful.

Lastly, we delve into practical steps you can take to prioritize your workload and embrace tools and technology to streamline operations. From effective delegation to optimizing your use of software and AI, I provide you with the shortcuts to make running your business as enjoyable as it is profitable. Remember, the goal is to work smarter, not harder, and to ensure your business supports your lifestyle, not the other way around!

So, grab a cup of coffee, and let’s get right into making your business operations as smooth and successful as the fabulous hair transformations you create in your salon!

Welcome to another episode of the 10 Minute Beauty Business Podcast where I am diving deep into the challenges and triumphs of balancing salon life and business management.

Today, we kick off a value-packed mini-series designed to alleviate the overwhelm many beauty entrepreneurs face. This isn't just another podcast episode; think of it as a free, comprehensive online course aimed at propelling your salon business to heights you've only dreamed of. Brace yourself for a journey where actionable insights and strategic thinking merge to redefine your business narrative.

In this episode, we tackle the quintessential dilemma of managing 'behind the chair' time with the overarching responsibilities of salon ownership. It’s a balancing act that requires finesse and strategic planning. The crux of our discussion orbits around transforming your salon skills into robust salon business skills. I am here to demystify how salon owners can scale their business, whether it's adding an extra $10k, $20k, or even $50k annually, by mastering the art of balance. This episode peels back the layers of day-to-day salon operations, spotlighting the innate challenges salon owners face, and shares my firsthand experiences and strategies that have helped others, just like you, add substantial figures to their bottom line.

We delve into the practicality of crafting an ideal schedule that harmonizes technical work and business management. The emphasis is on the transformative power of dedicating time to work 'on' your business rather than 'in' it. I share proven strategies for effective time management, including establishing a 'CEO day' to focus on business growth, setting concrete boundaries to prevent burnout, and the importance of aligning your work hours with your most productive times. This actionable advice is designed to catalyze a change in how you view and operate your business, leading to a more profitable and less stressful life.

As we wrap up this episode, I leave you with thoughts on mindfulness and the significance of prioritizing mental well-being alongside business success. I share personal anecdotes and coping mechanisms to help you navigate the demanding world of beauty entrepreneurship without succumbing to the stress that often accompanies it. The journey to achieving a harmonious balance between passion and profession is intricate, but with the right tools and mindset, it's not only possible but deeply rewarding. Stay tuned for the rest of this enlightening mini-series, where we will continue to explore the depths of salon business mastery. Here's to embarking on a transformative journey to elevate your salon business and live the life you've always envisioned!

In this episode of the 10 Minute Beauty Business Podcast, we delve into the transformative world of scalp care, a trend that's reshaping the beauty industry. This is not just another fleeting fad; it's a burgeoning market demand that presents a golden opportunity for savvy salon owners and beauty professionals. By tuning in, you'll discover the strategic insights and practical steps needed to integrate luxurious, profitable scalp spa services into your salon's offerings, distinguishing your business in a competitive landscape.

We'll guide you through the financial and operational blueprint of launching a new service, balancing luxury with affordability. Learn how to make an initial investment of around $2,000 to $3,500 work for you, ensuring your salon delivers top-tier experiences without compromising on profitability. With a focus on premium products like Aveda and innovative service formats, you'll gain the knowledge to create a standout service that not only attracts attention but also drives revenue.

Moreover, this episode isn't just about following trends blindly. It's about making informed, strategic decisions that align with your brand and meet your clients' needs. We'll explore how to evaluate trends, ensuring they fit seamlessly into your business model, and how to execute them with excellence. This is about building a lasting legacy in your salon, turning a trend into a staple service that enhances your salon's value proposition.

RESOURCES:

1. Check out SQ - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠CLICK HERE⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
2. Check out Micro Mastery Classes - ⁠⁠⁠⁠CLICK HERE ⁠⁠⁠⁠
3. Join Waitlist to hear about the next Dream Ten Retreat - ⁠⁠⁠⁠CLICK HERE⁠⁠⁠⁠
4. Make sure you are on my email list to receive my Principals of Business delivered straight to your inbox⁠⁠⁠⁠ JOIN THE LIST HERE!⁠⁠⁠⁠
5. Follow Ooh La La Salon on IG - @oohlalabeauties
6. Thanks for following me, @lomax.lexi, sharing the podcast, and for being so amazing, resilient and the best community.
7. Find resources online at⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠www.lexilomax.com⁠⁠⁠⁠ and on IG @lomax.lexi

Today I am bringing you a bonus episode of the 10 Minute Beauty Business Podcast. I have a big announcement for you all, and I wanted to bring it to my podcast people first, because as you know you are my people.

So here it is....

Today, we're tackling a topic that hits close to home for every salon owner: the intricate balance between maintaining professional relationships while fostering personal connections within the salon. As a salon owner myself, I've navigated these waters, striving to create an environment that harmonizes team unity with individual success. This episode is essential listening for anyone within the beauty sector looking to refine their leadership approach and enhance team dynamics.

I want to start by expressing my profound appreciation for each of you. Your engagement, feedback, and continuous support inspire me every day. It motivates me to bring you more of the content you love, including exclusive masterclasses that strengthen our community. Your involvement is a constant reminder of why this podcast matters, and I'm thrilled to offer more opportunities for us to connect and grow our beauty businesses together, always mindful of the personal commitments we all value.

In this episode, we delve into the complexities of in-salon relationships. This discussion, sparked by an active conversation on my Instagram, reveals the varied approaches salon owners take—from being everyone's best friend to adopting a strict leadership stance. Through your stories and my own experiences, we explore how to cultivate a salon culture that respects professional boundaries while acknowledging our shared humanity.

Finally, I'll share insights from my journey as a salon owner who emphasizes business growth without compromising on personal integrity. We'll discuss effective strategies for hiring, promoting a respectful work environment, and maintaining a suitable distance while still offering support to our teams. Packed with actionable advice, this episode aims to equip salon owners with the tools needed to achieve a balance of approachability and professionalism, setting the stage for a thriving and respectful beauty business. Join us as we embark on this journey to elevate both our leadership skills and our beauty enterprises.

Ready for a truth bomb that'll shake up your world? This episode of the 10 Minute Beauty Business Podcast is all about the "I" word – investing. Yeah, I said it. The thing that makes your palms sweat and your heart race, not because it's your latest crush but because it's darn scary. We're tearing down the myths that investing is all cryptos and retirement plans. Nope, it's the secret sauce to beefing up your salon's cash flow by $50k or more. And trust me, it's not as daunting as it sounds.

Let's get real for a sec. I've been where you are – hustling hard in the salon, feeling like you're just one bad day away from chaos. I've poured my heart, soul, and every last penny into my biz, riding the rollercoaster of salon ownership. But here's the kicker: The moment I started to invest with intention – in myself, my team, and those game-changing business strategies – everything flipped. This episode is my tell-all on making those moves that turned my beauty biz from "meh" to "wow."

I'm diving deep into the hows and whys of smart investing, from personal growth to strategic biz moves. Think of it as your road map to stepping up your game without breaking the bank or your spirit. We're talking real talk about getting support, learning new tricks, and why joining forces with like-minded beauty mavens (hello, salon minds) can skyrocket your success. It's all about making your business work smarter, not harder.

So, if you're on the fence about investing, thinking it's all too complicated or risky, let this episode be your wake-up call. We're all about making those bold moves that pay off big time, adding that sweet $50k (or way more) to your bottom line. Join me and a crew of unstoppable beauty pros who are ready to take the leap and transform their businesses. Let's do this – because your beauty biz deserves to shine bright, and so do you!

Ready to raise your income - check out salonMINDS

or DM me and let's chat!

Work with me: Salon Minds: A three-month mastermind program opening this month, offering one-to-one support and a group setting with other salon owners to streamline the process of making salon ownership more peaceful and profitable - ⁠⁠CLICK HERE⁠ To the episode:

This episode is all about embracing change and the beauty of evolution within our podcast and your business. So, whether you're tuning in through your headphones or watching us on YouTube, get ready for an insightful blend of audio-visual content that aims to enrich your beauty business journey.

Today, we delve deep into a subject that's both personal and universally resonant among salon owners: the complex world of guilt. With 18 years of salon ownership under my belt, I've had my fair share of navigating the highs and lows, the profits and the doubts. Yet, what stands out most is the surprising role guilt has played in my journey—a sentiment that often stems from our actions and decisions as we strive to build wealth and success in our salons. It's a topic that's rarely discussed, yet profoundly impacts how we operate and view our accomplishments.

But it's not all introspection; this episode is packed with actionable advice and insights. From understanding the delicate balance between ego and humility in pricing strategies to recognizing the importance of setting clear boundaries with our teams, we're tackling guilt from every angle. More importantly, I share strategies to reframe your mindset around guilt, emphasizing the critical role of money mindset in shaping our business decisions and personal growth. Whether you're dealing with internal struggles or external pressures, the conversation aims to equip you with the tools to play big, shed unnecessary guilt, and lead your business with confidence and integrity.

And there's more! We're also giving you a sneak peek into Salon Minds, my salon business mastermind, designed to empower salon owners like you to conquer guilt and leap towards success with solid systems, strategies, and support. As we navigate this episode, remember, guilt in business is a journey, not a destination. It's about learning, growing, and understanding that feeling guilty is often a sign of our commitment to doing better. So join me, Lexi Lomax, as we explore the nuances of guilt in the beauty business, offering you a roadmap to overcome it and thrive. Your journey to a guilt-free business starts here, and I can't wait to dive in with you.