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How to Create a 20 Million Dollar Salon with Natalie Dawson
Manage episode 445786101 series 3472395
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In this episode of The Terra Harvell Show, you're sitting in on a hair appointment- Terra style. Listen along as Terra interviews business strategist and entrepreneur, Natalie Dawson, President and Founder of Cardone Ventures while giving her an extension move up! They dive deep into the strategies that can take your salon from a single location to a multi-million-dollar empire.
Natalie and Terra also tackle the biggest challenges salon owners face, from leadership struggles to profitability issues. They explore how to keep your best people, train them for future leadership roles, and create long-term incentives that benefit everyone involved.
This episode is packed with valuable advice on how to cast a vision big enough to inspire your team and how to develop the systems and processes to support that growth.
Key takeaways:
• Why starting with a model location is crucial for long-term success.
• How to create a commission structure that motivates and retains top talent.
• The importance of building a culture where your stylists see growth opportunities with you.
• How to craft a vision so big that your team prefers to grow with you.
• The importance of implementing systems and processes to ensure your salon runs smoothly and can scale.
• Why you should invest in your own leadership development and how that translates into business growth.
• How to avoid the trap of running an unprofitable salon and instead, hit profitability from day one.
Whether you're a salon owner looking to scale or a stylist who wants to step into a leadership role, this episode offers the tools and mindset shifts you need to create long-term success in the beauty industry.
Tune in now and discover how to lead with vision, build a high-performance team, and grow a scalable, profitable business!
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Guest speaker: Natalie Dawson
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Natalie Dawson TikTok: @thenataliedawson
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