Tara Harville is a 17 year industry veteran.
Speaker AShe's a stylist first and now runs a $13 million annual empire starting with extensions.
Speaker AAnd now she helps stylists and owners become CEOs building businesses they can actually sell.
Speaker AToday we're going to hear her story, how she got to where she is, advice for those of us looking to do the same, and so much more.
Speaker AWelcome back to the Hairdresser Strong show.
Speaker AMy name is Robert Hughes and I am your host.
Speaker AAnd today I'm with Tara Harville.
Speaker AHow you doing today, Tara?
Speaker BI am doing wonderful.
Speaker BThank you so much for having me.
Speaker BI am so excited to chat about all the things.
Speaker AAwesome.
Speaker AWell, thank you.
Speaker AI'm glad that, you know, when your assistant reached out and to connect, we were in, in the depths of our, our conference and that we produce and host and we had something scheduled.
Speaker ASo I appreciate you being flexible and letting us wait until that storm passed.
Speaker AI really do.
Speaker BEntrepreneurs, we have to be flexible, right?
Speaker AYeah.
Speaker AYeah.
Speaker AWell, speaking of which, so 13 million dollar empire starting with extensions.
Speaker AI feel like there's such a big story in there.
Speaker AWhy don't, why don't we, why don't we go to back towards the beginning?
Speaker ALike, were you, were you a business person before you got into the industry?
Speaker AHow'd you get, like, did you just get into the industry as a, a young wide eyed beauty preneur or were you just excited to do hair?
Speaker AWhat, How'd you like, tell us?
Speaker ALet's start there.
Speaker BYeah, I love that.
Speaker BI, you know, kind of laugh because it's like, you know, were you a business person before you ever came into the industry?
Speaker BI came into this industry.
Speaker BI was, you know, 18 years old right out of high school.
Speaker BBut I mentioned that time because I think that's such a profound part of my story.
Speaker BAnd the reason why is because so many hairstylists start out exactly the way that I did.
Speaker BYou know, I was the bottom, you know, 20% of my high school class.
Speaker BI went to public school.
Speaker BSo, you know, I remember walking across that stage getting my diploma and just thinking, you know, I wasn't, I wasn't.
Speaker BI had a brother that was valedictorian, right.
Speaker BSo it was constant, this comparison.
Speaker BAnd it was just, you know, I really thought I wasn't smart.
Speaker BYou know, I had to take the ACT to get into college and completely bombed that.
Speaker BAnd so my first, I did go to college for one semester and that one semester was just full of remedial classes because, you know, if you bomb the act, they're like, well, you got to go here first before you can take the real classes.
Speaker BAnd so I remember, you know, studying in that classroom in college, and.
Speaker BAnd I always wanted to go to hair school.
Speaker BThat was like, something that I was always very passionate about, something that I was very interested in.
Speaker BBut, like, a lot of hairstylists and those of you that are listening, this you totally understand, because I came from a family of educators, and it was like, oh, you're taking the easy way out, right?
Speaker BIt's like, you're gonna go be a hairstylist.
Speaker BThat's just the, you know, that's just the easy way out.
Speaker BAnd so I honestly kind of believe that it's not really that fluffy, you know, that I was just like, no, I'm gonna overcome and all of these things.
Speaker BNo, I had no idea what I was doing.
Speaker BI, you know, went straight to cosmetology school and remember, you know, I was able to get some financial aid to afford, you know, the school basically, and got a small loan from my.
Speaker BFrom my grandmother.
Speaker BAnd so I got into cosmetology school.
Speaker BAnd when I got into the cosmetology school, I went to a Paul Mitchell school.
Speaker BAnd I remember just thinking, okay, I found my place.
Speaker BThis is where I thrive.
Speaker BYou know, I'm not a failing so student here.
Speaker BI'm not the bottom 30%.
Speaker BAnd it wasn't really anything other than I just love the craft, right?
Speaker BBut the thing was, you know, when I grew up, I was from a very middle class, you know, family.
Speaker BMy mom is a public school teacher.
Speaker BIf anybody was raised by school teachers, you know, that, you know, you're probably not living too, too high if you're, you know, living off the school teacher salary.
Speaker BAnd so, you know, she was a single mom providing for me and my brother.
Speaker BAnd I really knew that if I wanted to have a bit of a different future, I needed to take a different route.
Speaker BAnd so from there, you know, I went and I actually sought out.
Speaker BAnd this makes a lot of sense for my story now, so this will kind of come full circle.
Speaker BI sought out somebody.
Speaker BHis name is Kelly Cardenas.
Speaker BHe was in the Paul Mitchell world.
Speaker BAnd I wanted to go work for him only because I saw how people were winning inside of a salon.
Speaker BAnd really, it was kind of just.
Speaker BIt wasn't that fluffy.
Speaker BIt was just, I saw they're making a ton of money, and so I was like, hey, I want to move across the country.
Speaker BAnd I actually did.
Speaker BI had $300 in my bank account.
Speaker BI drove my little Mitsubishi Eclipse across the country to Las Vegas.
Speaker BI'm from Arkansas, and literally got a job with him and found a roommate on Craigslist.
Speaker BAnd I lived in Vegas for two years.
Speaker BBut those two years were very profound in my career because here's the thing.
Speaker BIt was very simple.
Speaker BI was an assistant, and I assisted one hairstylist who had been in the industry for a very long time.
Speaker BAnd she, you know, refused to do anything but color because that's what she was good at.
Speaker BAnd I would walk her color clients to the front of the salon, and I would check them out for, you know, an average of maybe $300.
Speaker BAnd that was a lot back then.
Speaker BThis was 17 years ago.
Speaker BAnd then I assisted a stylist that I would walk her clients to the front, and all she did was hair extensions, and they were paying $3,000 a ticket.
Speaker BAnd so even this remedial math girl, it wasn't very hard for me to put it together what I wanted to do inside of this industry.
Speaker BAnd so from then on, I really became obsessed with hair extensions.
Speaker BAnd again, this was 17 years ago when there was.
Speaker BI mean, hair extensions were kind of taboo.
Speaker BLike, it wasn't something women, you know, now they're everywhere, and women talk about it, and it's like a public thing that people wear them.
Speaker BBut back then, this wasn't the case.
Speaker BAnd so, you know, now I think when I hear people, you know, say things like, oh, my clients will never pay for an expensive, you know, service like that, I'm like, you're crazy.
Speaker BBecause we started back when this wasn't even cool.
Speaker BNow you have the advantage of, like, everybody wants hair extensions, you know, usually.
Speaker BAnd so, you know, we got into.
Speaker BI got into hair extensions, and I honestly just built my entire career.
Speaker BAfter a couple of years, I moved back home.
Speaker BI worked in a salon before I finally opened my own.
Speaker BBut I was obsessed.
Speaker BAnd I was able to, you know, as a stylist behind the chair, working four days a week, I was able to do around $750,000 in revenue.
Speaker BAnd that was because I had primarily all extension clientele.
Speaker BAnd I did have an assistant, and, you know, with that stat.
Speaker BBut I want people to understand, listening to this, you know, I know.
Speaker BI mean, that's almost a million dollars, you know, with one.
Speaker BOne book of business behind the chair.
Speaker BAnd, you know, that was in a small town.
Speaker BMy.
Speaker BThe town that I'm in is not a big city.
Speaker BIt's Fort Smith, Arkansas.
Speaker BLook it up.
Speaker BPopulation 80,000 people.
Speaker BWhen people travel here, they're like, I'm in the armpit of America.
Speaker BAnd so.
Speaker BBut the thing is, like, it took me at my peak behind the chair.
Speaker BIt took me 72 extension clients in order to make that amount of revenue.
Speaker BAnd so I wasn't seeking 80,000 people.
Speaker BI wasn't trying to get the whole town in my chair.
Speaker BI just needed a set, you know, 70 to 80 extension clients to make that amount of revenue.
Speaker BAnd so that was when I had a salon.
Speaker BI'd opened my salon, and I was just failing.
Speaker BLike, a lot of salon owners.
Speaker BYou know, 80% of salons fell in the first 18 months.
Speaker BAnd the reason why is because none of us know what we're doing.
Speaker BWe don't know how to run a business.
Speaker BAnd I continued on, and I kept the doors of my salon open, even though I know one year I had, my husband walked in and threw down a profit and loss statement in front of me.
Speaker BAnd he said, you made $8 last year.
Speaker BI said, wow, that was a lot of work for $8.
Speaker BAnd so about around that time that my salon was absolutely failing.
Speaker BThis was when the extension industry took a huge dip in quality.
Speaker BAnd in one month, I replaced about $30,000 of bad extension hair in my salon.
Speaker BAnd, you know, that's just how we roll.
Speaker BWe tried to service these people.
Speaker BThey invested in this extension hair, and the hair just went to crap.
Speaker BIt was tangly, and it was terrible.
Speaker BAnd I honestly, from then on, I said, I'm gonna go figure this out.
Speaker BAnd it took me from then another two years, full two years, to make connections.
Speaker BI flew across the world to China, actually found someone that would sit down with me and say, hey, you guys are not hair stylists.
Speaker BWe are.
Speaker BLet's figure out how to produce hair extensions so that they last.
Speaker BAnd it's a quality product.
Speaker BAnd so now we actually have a patent technology that we use to create our hair.
Speaker BAnd now that's how Harper Ellis hair Company, which is my massive empire that I've built on just a dream.
Speaker BAnd I started that business with $20,000 in my bank account.
Speaker BAnd honestly, we grew really fast because of the quality of hair.
Speaker BNow there's a lot of in between in that story and a lot of things that I've had to learn.
Speaker BI still have my salon, but now my salon is.
Speaker BWe work out about 800 square feet.
Speaker BIt's a shoebox, but we're doing around $1.6 million.
Speaker BAnd we have a 25% profitability because we're mostly an extension clientele.
Speaker BAnd now we've developed, actually A new salon system.
Speaker BIt's called Strata Salon System, where we actually develop stylists.
Speaker BAnd we don't just develop their skills, we actually develop their EQ and their leadership skills to mentor other stylists.
Speaker BAnd that's what helps salon scale.
Speaker BSo now we are on a mission to partner with other salon owners with this system, and we're opening salons all over the country.
Speaker BAnd.
Speaker BAnd so that is.
Speaker BI know there's a lot of details there, but that's kind of how I've arrived here and.
Speaker BAnd my specialty, you know, I still have the extension company, of course, and.
Speaker BAnd it's thriving and growing really fast.
Speaker BBut our.
Speaker BOur focus really is we teach stylists how to do exactly what I did behind the chair, make 750k working four days a week.
Speaker BAnd we also now teach salon owners how to scale their business and be profitable.
Speaker BAnd then eventually the hope is that they want to exit or even have the option to exit because their business is valuable.
Speaker BAnd so that's what we do.
Speaker BThat's kind of the story.
Speaker BYeah.
Speaker AAwesome.
Speaker AOkay, now I got questions, so let's.
Speaker ALet's go back.
Speaker AAnd so you said you went to school, and you.
Speaker AAfter you got out of school, what was the next step right away, like, because you talked about going over to Vegas.
Speaker AHow long from the time you graduated to the time you decided to make pull that trigger?
Speaker BYeah, I decided before I graduated.
Speaker BYou know, I started looking for opportunities.
Speaker BAnd truthfully, it even that inspiring.
Speaker BIt was more of just.
Speaker BI think I was just like every other stylist, and I was like, I want to get out of this town, and I never want to come back, and I want to do celebrity hair, and I want to, you know, work on movie sets.
Speaker BAnd truly, that was the dream.
Speaker BAnd so I started seeking out jobs and landed my position at the heart at the Kelly Cardena Salon.
Speaker BYeah, right out of school.
Speaker BSo right when I got that license, I transferred it to Nevada, packed my bags, and took off.
Speaker ANice.
Speaker AOkay, so, and then how long did you assist there before you started taking your own clients?
Speaker BYeah, most of about a full year.
Speaker BI was an assistant there, kind of worked my way through, you know, really started out as a salon assistant.
Speaker BAnd then you work your way through basically the success of the stylist that worked there.
Speaker BSo it was really cool.
Speaker BSo one of my, you know, last stylist that I was hanging with, she did all extensions, and that's why she was so successful.
Speaker BSo.
Speaker AYeah, so, so you.
Speaker AYou assisted for a year, and during that time, did you do, like, training on, like, kind of all things and.
Speaker AOr did you, like, were you allowed to pick?
Speaker ALike, you only wanted to learn about extensions?
Speaker ALike, how was that training program and that one year?
Speaker BYeah, even back then, like, he, you know, with Kelly's salon, he wasn't focused on extensions either because it just wasn't a thing.
Speaker BAnd so I remember point blank him telling me, you know, hey, if you want an extension clientele, you just have to go out and find one.
Speaker BAnd so, no, I was really focused on, I learned anything from men's cuts.
Speaker BYou know, Kelly had a lot of celebrity men that he, you know, cut there in Vegas.
Speaker BAnd I learned how to do men's cuts and I learned how to do everything because his view and my view still today is niching down school and everything.
Speaker BBut when you have no one on your books, you should take everything and be able to learn everything because that's how you grow and you, and you become a full, you know, hairstylist.
Speaker BYou can't just learn one thing and be able to grow.
Speaker ASo, yeah, so that's where I was going with this.
Speaker ASo I am happy because like we have, we do, as I told you before we started, we do have a lot of relationships with the schools and the students.
Speaker AAnd that is one of the things it's like so many new talent talk about.
Speaker AAnd even in, when they're already in school, they haven't even gotten out of school and they're already talking about their specialists and niche niching down.
Speaker AAnd you know, I think, you know, at Hairdresser Strong, we think people should do whatever they want, but we just want to make sure that you're wide eyed, you know, you're open, you have your eyes open, you understand the realities, the probabilities of success and the probabilities of failure, the downsides and everything.
Speaker ASo just kind of like shed some light on it.
Speaker ALike how long did you do anything beside like how long until you only did extensions or did you never really stop doing color and cutting?
Speaker AI mean, if you put someone's extensions and I'm assuming are you coloring them and cutting them?
Speaker BYep, exactly.
Speaker ARight.
Speaker ASo.
Speaker ASo, like, what does it even mean to be a niche or extension specialist?
Speaker AIt sounds like you have to be able to cut and color hair also.
Speaker ACan you talk a little bit about that for any of the students with new talent?
Speaker BThinking I love that and I think you're going to love what I have to say here because you know, and I know probably new people in the industry are probably like, oh, she's old school, and I probably am, I'm sure, but I was able to build a stat.
Speaker BAnd that's what I always say.
Speaker BI'm like, yeah, but look what I was able to get to.
Speaker BAnd so, you know, the one thing, the best way that I know how to explain this, you know, inside of my own salon right now with the Strata Salon Systems, we.
Speaker BWe only hire assistants.
Speaker BWe don't hire stylists.
Speaker BI don't care how long they've been in the industry unless they have a massive stat and they want to come in and be a part of the culture.
Speaker BThat's a little different.
Speaker BBut right now, in our salon assistance, they.
Speaker BBy the time they're out of the assistant program, they're doing on average to nine to $10,000 a month in revenue.
Speaker BAnd that is like, I'm talking.
Speaker BI have a. I have a girl.
Speaker BHer name is Laney.
Speaker BSo incredibly proud of her.
Speaker BShe just graduated less than a year ago, and she's already doing around 10k a month in revenue.
Speaker BAnd.
Speaker BBut the reason why, you know, now she's, you know, we started day one building that extension clientele.
Speaker BBut also, here's the thing.
Speaker BWhen you're an assistant in my salon, you have to do 80 extension rows on a doll head a month.
Speaker BThat's, you know, 20 a week.
Speaker BThat's how much we make.
Speaker BWe have them practicing, and so we still don't.
Speaker BWouldn't call them a specialist.
Speaker BRight.
Speaker BBut they're starting to build that clientele, and by the time they get out of the assistant program, they have anywhere from 20 to 25 extension clients on their books, which is more than the top, you know, 1% of.
Speaker BI really probably would say the top 5% of extension artists.
Speaker BBut we're still not.
Speaker BHey, you're a specialist.
Speaker BBut here's why.
Speaker BWe had a perm walk into our salon a few weeks back, and guess who had openings on their books?
Speaker BLaney, who, you know, does want to be an extension specialist.
Speaker BAnd.
Speaker BAnd, you know, I know she looked at our salon management and she was like, I don't even know how to do a perm.
Speaker BAnd I. I will never forget seeing her face because they said, well, I guess you better go figure it out, because you've got on your books and then you got an opening.
Speaker BAnd so, you know, it's funny because afterwards I had, you know, kind of a vision talk with her, and I was like, do you understand why, you know, we did that?
Speaker BShe's like, yeah, I have to learn how to do everything.
Speaker BKnowing those Technical skills of doing a permission is what makes you better stylist overall.
Speaker BAnd so yeah, I mean you're not a specialist until you're fully booked in that thing and that many people trust you to do that service.
Speaker BSo that's, you know, if you're still searching for clients and you're, you know, desperate for them, you can call yourself a specialist.
Speaker ASo I have, I, this is not a personal opinion or anything, but there are, I hear a lot of like, how do I say this?
Speaker AI would like to push, push against you and see what, how you respond if you don't mind a little, a little bit of a challenge here.
Speaker AI like to like whenever there's like a, like a controversial point or an argument that's happening on social media, I like to get people who are deep in it to respond just because I'm so curious to know everybody's perspective.
Speaker AYou know, everyone's got different perspectives and not everybody has as much experience to talk to.
Speaker ASo.
Speaker AAll right, so here's what do you say when people say, and I feel like you might have already answered this question, but just to be explicit, what do you say to any, anybody who says that these high ticket extensions clients during, during, like an economic downturn will become price elastic and re.
Speaker APull in their spending?
Speaker AAnd, and like.
Speaker AWell, first of all is tell us, can you talk on that at all?
Speaker AAnd then second all does that, have you seen that in any of the people that you work with?
Speaker AAnd if you have seen it, what has been the response or the strategy around dealing with uncertain times?
Speaker AAnd I like this because we are in like what time is it?
Speaker AIt's, it's uncertain time.
Speaker ALike it's for sure.
Speaker AThat seems to be the majority of people's feelings.
Speaker AI mean we see it in the economy, we see it in the macro level.
Speaker ASo I think there's a lot of folks that talk to us at Hairdresser Strong about wanting to prepare for uncertain times.
Speaker ASo I feel like this is like a really relevant conversation.
Speaker BYeah, I think it's hit or miss if you're going to love my answer, but I feel like you may, you may like it, but I do want to answer it the way that I would in my own classroom.
Speaker BYou know, we, we educate, you know, stylists all over the, all over the world.
Speaker BThey come here to our headquarters.
Speaker BAnd I actually answered this question yesterday in a classroom of 40 stylists.
Speaker BAnd so the first thing that I want to say, I kind of want to start from the stylist perspective and then I'M going to talk about the actual data that's out there as far as, you know, high ticket services and stuff like that.
Speaker BOne thing that I always, when I talk about things like this, I never want to run off of emotion.
Speaker BThat's my main thing that I teach salon owners and I teach stylists.
Speaker BLet's look at the numbers, guys.
Speaker BLet's look at the, let's look at the metrics.
Speaker BLet's not be emotional about the business because there's a lot of like, you know, there's no peace in that, right?
Speaker BAnd so the one thing that I always say is, you know, I've never in my life met a wealthy person that worries about the economy.
Speaker BAnd I've never met someone that is wealthy and that is winning, that constantly talks about the economy.
Speaker BAnd so the one thing on a hairstylist, this is something that I want people to understand.
Speaker BYou know, I think we get this con, like we conceptualize when the economy goes bad, it's like the money disappears.
Speaker BThere's not like this robber that comes in and like takes the money.
Speaker BAnd it's like the economy's bad because I took off the money.
Speaker BPeople still have their money, right?
Speaker BAnd so the next thing that we have to understand is when people spend their money, it's because.
Speaker BAnd whether they're being more, you know, frugal or, or whatever the case is, when people have their money, they'll always spend it on what's the value of them to them, right?
Speaker BIf there's something to a value to them, they're going to spend their money on it.
Speaker BAnd so when it becomes being a hairstylist or being a hairstylist, you can't just blend in, you know, great before and afters and great, you know, just photos of.
Speaker BBecause honestly, great hairstylists and great extension artists, if we're just going to go.
Speaker BExtensions are a dime a dozen.
Speaker BThey're everywhere, right?
Speaker BThanks to how accessible education is now.
Speaker BI mean, that kind of is everywhere.
Speaker BAnd so you kind of have to ask yourself, like, how do I spend out, send out and become a value to these people to want to come spend money?
Speaker BAnd so I think we have to get out of this headspace of like, oh, the economy is going bad because guys, they still have the money, it's still there.
Speaker BAnd so I know a lot of women, I know me, I'm not going to give up these hair extensions.
Speaker BI, if I check these out, you guys would be like, wow, she is, doesn't have any hair.
Speaker BShe does not look the Same.
Speaker BAnd so this is a value to me.
Speaker BAnd a lot of women that don't have the hair that they want feel the exact same way.
Speaker BAnd so within that, you know, Harper Ellis is, we opened up in 2019, you know, 2020 hit.
Speaker BAll of that happened right after.
Speaker BAnd you know, now, you know, the economy's kind of been, I wouldn't even say that it's probably been up if you want to look at the economy data.
Speaker BBut, you know, it's kind of been a little bit like this and now, you know, supposedly it's a little down.
Speaker BI don't really know.
Speaker BSo looking at that, our business, and I know, other extension business, you know, when I, we entered this space about five years ago, it was about a, a billion dollar industry.
Speaker BAnd in the end of 2026, it'll be a $6 billion industry.
Speaker BAnd so that doesn't tell me that people aren't.
Speaker BAnd we as, as a company have over year over year grown minimally of 35%.
Speaker BAnd so that doesn't tell me that anyone's pulling back on hair extensions.
Speaker BAnd so now, you know, the solution to that.
Speaker BI don't want to harp on that without giving a solution.
Speaker BThe solution to that is go be of value, go do 80 rows a month to become the specialist and then stand out on social media and your marketing to become a value to those people that want to spend that amount of money on their hair.
Speaker BBecause I promise those clients are a dime a dozen.
Speaker BAnd the thing is, is, you know, 30% of women either already have hair extensions or they want them or need them.
Speaker BAnd so, you know, go and do the math.
Speaker BYou know, I already, I just said 72 extension clients plus some color revenue got me to $750,000 in revenue behind the chair.
Speaker BAnd so, you know, we have 80,000 people in this town.
Speaker BI would assume we probably have, you know, minimally of 40,000 women.
Speaker BI'm just making things up.
Speaker B30% of that, you're telling me, could be my client.
Speaker BI don't need that many people in my chair in order to make that amount of money.
Speaker BSo I think we have to just reverse engineer the target versus worrying about everyone's pocketbook.
Speaker BBut our industry has a really bad problem doing that.
Speaker ASo I, I, I hear you on everything you're saying, and I like the vibes, I like the, my, the head space.
Speaker AHowever, at the same time I'm wondering, and this is something I think, because I'm not an extension specialist.
Speaker AAnd so it sounds to me like that mentality works if you have a clientele that isn't price elastic during high unemployment times or high inflation times.
Speaker ABut we saw what happened after Covid, where everyone pulled in their spending significantly, and the high end hasn't.
Speaker AThe high end still is not.
Speaker AHas not pulled in their spending.
Speaker AI mean, I just saw a piece today or yesterday about consumer spending is still up, but it's the high.
Speaker AIt's in the upper income brackets.
Speaker ASo it sounds to me like, with all that data, it sounds to me like your clientele should be in the upper income bracket.
Speaker ASo, like, is there.
Speaker AIs, is there a person who might.
Speaker ALike, there's also, there's also people that have aspirations, like people who want to save up to, like, spend the money, who don't necessarily have the money.
Speaker AAnd those people typically, I mean, historical, historically, they have pulled in spending.
Speaker AAnd, and I, and I guess, like, you're an argument against that would be that spending in our industry doesn't get pulled back as much as spending in other spaces.
Speaker ASo anyway, I'm gonna just, I just want to drop that on you and see how you respond to that.
Speaker BYeah, I think, you know, you're.
Speaker BYou're totally right.
Speaker BYou know, something that we teach our, you know, salon owners as well as, you know, the stylists that we work with is like, you know, you go back to that, the market, you know, everyone wants to teach the dream client avatar.
Speaker BYou know, I've seen that segment.
Speaker BYou know, so many people are like, who's your dream avatar?
Speaker BYou know, go after that person.
Speaker BIt's like, yeah, I get that.
Speaker BBut like, also, people aren't going to walk in your door that are nothing like you.
Speaker BYou know what I mean?
Speaker BAnd, you know, I, and I want to say this out loud because I know people listening like, guys, I came.
Speaker BI came from middle to lower class America.
Speaker BI'm not this, like, bougie woman out here just like attracting the rich.
Speaker BBecause that, no, I've had to, like, really take a hard, long look in the mirror and go, okay, who do I want to become?
Speaker BBecause who do I want to attract?
Speaker BBecause you attract what you are.
Speaker BIt's the law of attraction.
Speaker BAnd that will never change.
Speaker BIt's just the way the human mind works.
Speaker BAnd so I think as hairstylists, when we're, you know, building, we have to think about those kind of things.
Speaker BLike, go take a long look in the mirror.
Speaker BAsk yourself, am I the person that someone who can afford me and afford my value, come sit in my chair.
Speaker BAnd if the answer is no, maybe not.
Speaker BYou may Want to.
Speaker BDon't change who you are.
Speaker BThat's not what I'm saying.
Speaker BBut you can make adjustments to become that person that those type of people want to come sit in your chair.
Speaker BAnd so that's kind of my, you know, response on that as far as, like, the solution.
Speaker AI love that.
Speaker BSo too, I've seen women spend their last dime on hair.
Speaker BYou know, we.
Speaker BWe do, you know, cherry financing and stuff in our salon.
Speaker BYou know, it's because we can see on the back end, they get approved for a certain amount and you're like, oh, gosh, you know, they probably don't if they're doing that.
Speaker BI don't know if they, you know, as a wealth builder, I don't know that I would finance hair extensions.
Speaker BBut, hey, people do because it's of value to them.
Speaker BAnd so I think you get a little bit of both.
Speaker BBut, yeah, the most, most of the clientele that's going to come in for a higher ticket service are the ones that have the money.
Speaker ASo, yes, I love that.
Speaker AYeah, I think that that's an important piece that, you know, we.
Speaker AI was just at Beauty Gives Back.
Speaker AI'm here.
Speaker AWe're in Chicago right now kind of doing a tourist stuff.
Speaker AWe're about to leave after this conversation and go see the Bean and all that, that, that deck.
Speaker ASo people, by the time people see this, they'll have already seen those pictures.
Speaker ABut we were at Beauty Goes Back, and Corey from hairdistry podcast, he was moderating a panel of entrepreneurs and he said, if you want to.
Speaker AI forget exact words.
Speaker ASo Corey, forgive me if I don't put the exact words, but something along the lines of basically start in higher income zip codes.
Speaker ALike if you, if you want to build a business, build a business in these areas.
Speaker ABut I mean, and you're not necessarily saying that, but it's kind of.
Speaker AThe one in the same is like, understand your con, your target audience and tackle them.
Speaker AAnd I love the Law of Attraction piece that was.
Speaker AI love that.
Speaker AOkay.
Speaker BI wanted to add really fast.
Speaker BYeah, Alex.
Speaker BI don't know if there's any Alex Hermosi fans on here.
Speaker BI love that guy.
Speaker BI think he's a genius.
Speaker AI've just been turned on to him and I got his book that.
Speaker AThat one of those books I'm gonna read.
Speaker BYeah, he.
Speaker BI mean, just.
Speaker BAbsolutely.
Speaker BBut you know, his number one thing that he says is, if you want to become rich, solve the rich people's problem.
Speaker BAnd I think that's true for.
Speaker BI think that's true for any business.
Speaker BRight.
Speaker BAnd so I love that because it's the truth.
Speaker BGo.
Speaker BGo find a solution for the type of audience that you need in order to make the amount of money that you want to make.
Speaker ASo, yeah, love it.
Speaker AOkay, we're coming up on our time, so real.
Speaker AI just have one question, and then I want you to tell us where people can find you, what the type of offerings that you have for people.
Speaker AAnd.
Speaker AAnd then we'll wrap.
Speaker ASo first, the one question I wanted to make sure I asked you because it's been in my head the whole time we've been talking, but, like, the conversation has been so good that I didn't want to interrupt it.
Speaker AOkay.
Speaker AWhat makes a business sellable?
Speaker BYeah, so the one thing that makes a business sellable is no one wants to step in and buy a business that whenever they purchase it, there's no upside.
Speaker BRight.
Speaker BAnd so I want to talk about salons specifically.
Speaker BSo if the owner walks out the door and your stylist leaves and possibly the clients leave, likely that business has no value.
Speaker BAlso, you know, we can go into the obvious things.
Speaker BIf you've, you know, gotten into, you know, the, the ebitda, the cash flow, all those things.
Speaker BOf course, the profitability, all those things matter.
Speaker BBut at the same time, with salons, like, if your stylist will leave with you when you sell, that business becomes no value.
Speaker BNo value.
Speaker BAnd so you have to figure out, you know, what Strata does.
Speaker BAnd that's what we teach salon owners now.
Speaker BStylists that come into our salon and grow to be, you know, have high EQs and leadership skills, they become mentors, and then they are able to make 5% revenue share off of anyone that they're training and developing.
Speaker BAnd so it keeps them loyal to the salon and it gives them an entire new stream of revenue.
Speaker BI'm talking into the six figure new stream of revenue as the salon scales and gets bigger and bigger that they don't have to step behind the chair for.
Speaker BAnd so, you know, that's scaling, right?
Speaker BScaling is not standing and trading time for money.
Speaker BIf you want to scale, you have to make your money make money.
Speaker BAnd so that's how we're helping stylists do that in all of these Tron.
Speaker BSo, yeah.
Speaker ANice.
Speaker AAnd so what on that, I guess I have one more question.
Speaker ALike, one of the biggest things that we hear from around the country and definitely in our own backyard is this idea of getting having training in your salon.
Speaker ALike, I think it's actually a international conversation because the UK is dealing with like the apprenticeship, like the demise of apprenticeships due to actual, the way their system is built, created and legislation.
Speaker AI don't know all the details, but I know I've been seeing a lot of content where they're talking about like apprentices, seeing apprentices are our future and how we have to stop thinking of do we get an roi.
Speaker AI just don't see how we can talk like that in America.
Speaker ABut that's just me, like, so.
Speaker ABut that is what people are worried about is like, can is it with the entrepreneurial bug, like, like the, the new talent, younger generation, like, they are so entrepreneurial.
Speaker AI am so excited to work with them.
Speaker AAnd however, salon owners are weary because, you know, historic.
Speaker AI mean, the experiences they're having and the narratives online are painting the younger stylists and newer style new talent.
Speaker BAs.
Speaker ABeing just coming in to like, take some clients and then leave and then go independent.
Speaker AWhat do you have to say about that?
Speaker BI have a lot.
Speaker AWhat are your thoughts on that?
Speaker BI have a lot to say about that.
Speaker BI'll try to make it short and sweet, but I think everyone's going to understand what I'm about to say in the world of just the salon industry.
Speaker BI'm not talking stylist salons.
Speaker BLike, we have to understand how broken our models are because there's only 24 hours in a day stylists, once they maximize their pricing, their demand, what is next for them?
Speaker BAnd so as a salon owner, you have to understand how irresponsible you are to build a business that way.
Speaker BAnd then we want to get like offended and be weary.
Speaker BJust like you said, that your business model isn't set up to where people can scale past the 24 hours in the day that they have available.
Speaker BAnd so of course they're going to be that way.
Speaker BOf course the new generation is going to be entrepreneur because they don't have any other choice.
Speaker BBut the reality is the average salon is a profitability of like 8%.
Speaker BAnd that also is very, very wild to me.
Speaker BI'm like, I don't know that I would run a business that's only 8% profitable.
Speaker BAnd so we have to understand that, like, it's a constant hamster wheel of failure because then those stylists go out and they open salons and they either open booth rental or commission salons where the same situation, everyone's cap, the owner's cap, the stylists are capped.
Speaker BAnd it's a vicious cycle of failure and honestly, generational poverty.
Speaker BI want to say that word.
Speaker BAnd I hope, when I just said that, I hope everyone, I hope that stings everybody in the gut because that's exactly what we're creating in this industry.
Speaker BAnd so if we don't create a way that stylists can come in and be mentored and be able to scale past what they can control, which is their time and, you know, possibly their pricing.
Speaker BEveryone can control their pricing.
Speaker BBut you know, we like to think that we're maximized.
Speaker BPeople aren't probably going to pay a million dollars for a haircut.
Speaker BMaybe they will one day, I don't know.
Speaker BBut there is a cap to that.
Speaker BSo we have to think of a way that they can scale past just them and their hands and their energy behind the chair.
Speaker BAnd if we don't, it is a generational, just poverty industry.
Speaker BAnd that, that word makes me sick because I don't think that has to be the case.
Speaker BAnd so we have to think outside the box when we, we have to reinvent the will.
Speaker BThis, this whole, the models inside this industry make me crazy because they're so broken.
Speaker ASo yeah, that's a. I like, I like that answer.
Speaker AAnd just so all the Gen Z is out there, you know, I love you.
Speaker ASo I'm only making sure I address everything.
Speaker AI'm not worried about you.
Speaker BSo, okay, I have the hardest burgers in my salon right now and they're like 21 years old.
Speaker BI'm like, they're rock star.
Speaker AI think that's it.
Speaker AI think actually what I, what we've discovered along our track, our, our journey is that all the stereotypes of Gen Z are created by people who expect them to do what they want them to do.
Speaker AAnd, and so it's like if you, once you get to know them, it's like, oh, actually they're super aware of the realities of today and it is, you know, by most accounts out by most data points, it's harder to be successful today in certain ways.
Speaker AOf course we have tech and social media so they have that advantage.
Speaker ABut like it, they have a hill to climb and they have to leverage different tools and they have to think differently.
Speaker AAnd I did an interview with the founder or, or one of the founders of Artist on Go dm and he said that our, our business model was created during the industri and the industrial age was customer product or service and they had people in between that were cogs in a wheel.
Speaker AAnd our, our, our business model is designed the same exact way.
Speaker AYou know, you, we want to think that a stylist is as as expendable and replaceable as a factory worker or television worsen or anybody in an office.
Speaker AI mean, if you really think about it, other than the super highest levels of the, in the SE suites and stuff, like a lot of those people can be replaced with another person with a similar skill set.
Speaker ABut in our industry and if you have a salon and you think that way, it's going to be really hard to retain people.
Speaker AAnd so I, I think the business model conversation.
Speaker AI love that you brought that up.
Speaker AOkay, thank you so much.
Speaker ASo we're, tell us, you mentioned it in the, in the beginning about some of the stuff you do, but give us a, the give us another kind of pitch on, on what?
Speaker AOn the stuff that you are, you have to offer and where people can find you.
Speaker BYeah, absolutely.
Speaker BI, I love that.
Speaker BAny, you can go to my Instagram.
Speaker BIt's the Tara Harvl, it's T E R R A.
Speaker BAnd you can go there, you can click the link in my bio.
Speaker BIt tells you how to access everything that we do.
Speaker BBut truly like if I don't, I don't really work with salon owners that aren't, aren't already diving into the world of extensions because your margins are so much so smaller.
Speaker BAnd so what we do first is we offer people what we call the extension school of business where we teach you everything that we did to go make, you know, 750k behind the chair.
Speaker BA lot of salon owners are doing that to teach their, their stylist in their salon how to do that.
Speaker BWe have so many salon owners, you know, becoming massive amounts of profit coming into their, their business because of the margin of the service.
Speaker BAnd so yeah, that's how we work with people.
Speaker BBut you can go also to Harper Ellis Hair Co. That's the Instagram to Harper Ellis and you know, sign up there and, and just call and ask questions.
Speaker BWe're an open book.
Speaker BWe have a team that's concierge people calling in all day, every day.
Speaker BThey're like, what the, what in the world are you guys doing over there?
Speaker BSo that's how you can access us.
Speaker BAnd of course harpershair.com is another one.
Speaker BBut I'd love to work with anybody that's listening.
Speaker AAwesome.
Speaker AAnd all that will be in the description below.
Speaker ASo definitely check out.
Speaker ATara, this has been a pleasure talking with you and I hope to, I, I mean, I feel like there's so much more I would like to talk to you about now that we've established your story and we gotten to know you, I hope.
Speaker AI look forward to talking to you again in the future.
Speaker BFor sure.
Speaker BI'd love to have you on my podcast as well.
Speaker BSo, yeah, meet up and chat.
Speaker BAnd I love that.
Speaker BAnd thank you guys for having me.
Speaker BI love this industry and love what it's about, and now we've got to change some things to grow.
Speaker BSo thank you guys for having me.
Speaker AAbsolutely.
Speaker AAll right, until next time, by.