Tune in to hear Kelly Gorsuch, Owner of Hells Bottom Barbershops + Immortal Beloved Salon share his journey building multiple salons and what he learned along the way!

KEY TAKEAWAYS:

• Went to school, apprenticed at a salon, went on the floor, started teaching for brands, and learned the salon business by being a salon manager.
• Do not open a salon until you manage someone else's salon.
• Becoming a salon owner was riddled with uncertainty and my partners fell apart at the last minute.
• I rented a chair between salons while I was waiting to open mine and I hated chair rental due to not feeling inspired by those around me.
• It took me 13 years to make more money as an owner than working behind the chair.
• A salon is not a viable business unless the owner does not have to work there.
• Keep your integrity by not sneaking around. Be forward w/ your owner if you are opening a salon.
• I do not like the chair renting concept because I want a say in who I work next to.
• Reverse engineer the career path you want to figure out the decisions you should make.
• Profit margins in salons are around 10%!

MENTIONED IN TODAY’S EPISODE:

• Follow Kelly Gorsuch on Instagram: www.instagram.com/kellygorsuch/
• Follow Immortal Beloved: www.instagram.com/immortalbelovedsalon/
• Follow Hell's Bottom Richmond, VA: www.instagram.com/barberofhellsbottomrva/
• Follow Hell's Bottom Washington, DC: www.instagram.com/barberofhellsbottom/

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