HIGHLIGHTS • How I Finally Stopped Being "The Discounted Hairdresser" w/ Missy Megginson
The Hair Game
Salon Republic
4.6 • 570 Ratings
🗓️ 23 May 2022
⏱️ 11 minutes
🧾️ Download transcript
Summary
We've taken clips highlighting some of the topics discussed in the full episode and put them together here! Check it out if you want a bite-sized version of the full episode.
Hairstylist business educator and salon owner Missy Megginson @soyoureahairstylist burnt out and took a year off from hair.... only to come back and do it again and nearly quit altogether. She explains what being underpriced does to your mental health and state of mind, as well at the top mistakes hairdressers are making with their business.
This Week's Topics:
• The decision to go indie right after apprenticeship
• Getting burnt out and taking a year off after moving to Florida
• Getting back into suite rental and underpricing again
• Finally raising her prices
• Starting "So You're a Hairstylist"
• Top 3 mistakes hairdressers are making with their business
Find Missy's business building education here:
https://soyoureahairstylist.com/
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey everybody, Donovan here, editor of the Hair Game podcast. You're listening to |
| 0:12.7 | highlights of episode 246 with Missy Meggins. If you want to hear the full discussion on these |
| 0:19.2 | topics that you hear, you can click on over and listen to the full episode. |
| 0:23.3 | Also, give us a DM at the Hairgame podcast. Let us know if you like these highlights and if we should continue doing them. |
| 0:29.6 | Or if you have any other thoughts about what we do because we love to hear what you think. Let's get to it. |
| 0:37.0 | And then my husband and I got engaged and were getting married in |
| 0:42.9 | six months. And my father-in-law as a very wise businessman, he's a financial advisor. And he kind of |
| 0:49.4 | sat me down and wanted to know all the reasons why I wouldn't go independent. |
| 0:55.2 | I didn't know anything about being an independent. |
| 0:57.2 | I didn't know anything about booth rental. |
| 0:59.0 | All I knew was this environment that I was in. |
| 1:01.3 | And the hairstylist that he went to owned a booth rental salon. |
| 1:05.9 | And I guess they had been talking about me. |
| 1:07.6 | And so he sort of sat me down and kind of presented this plan and was like, |
| 1:13.0 | I will fund you for six months, your rent, if you think you can make it work. |
| 1:20.2 | Nice. And so I was kind of, yeah, it's kind of hard not to turn down. And so, and I always have to say this as well. I don't necessarily recommend my path. It is my path. It is not what I think is right or wrong. It's just what happened to me. So I'd only actually been in the industry for two years, including my apprenticeship, when I went out on my own as an independent. |
| 1:44.6 | Got it. And so you didn't have a full clientele or, I mean, what percentage of your time |
| 1:50.1 | was booked with what clients you had at that time? |
| 1:54.0 | I would say I was probably 75% booked. |
| 2:02.0 | That's pretty good. |
| 2:03.1 | Yeah, because of being from the area and just having like just networking families and |
| 2:08.5 | things like that, I had built up pretty quickly. |
... |
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