The Salon Suite Franchise Model - Episode # 251 w/ Patrice & Sharice McKinney.
Social Proof Podcast
Social Proof Network
5 • 2K Ratings
🗓️ 30 May 2022
⏱️ 69 minutes
🧾️ Download transcript
Summary
If you are an entrepreneur in the real estate, beauty or barber services space, this is the episode for you! Patrice & Sharice McKinney have been able to build a lucrative and proven business model with Encore Salon Suites ! With Patrice’s background in barber/styling and Sharice’s corporate background they have been able to pack a 1-2 punch that has made them successful operators of highly in-demand spaces for barbers ,stylists, aestheticians, and other beauty service professionals. In our conversation they are giving away the game on how they have built their Salon Suite Franchise Model! We discuss :
- “Hidden” Entrepreneurship Opportunities : Their transition from corporate America ( Sharice) and opportunity to play Pro Basketball ( Patrice) to go after their entrepreneurial dreams.
- Leasing Vs. Buying Real Estate In The Beauty Industry : The power of “stacking your bread” to “run a bigger play” and having a bigger vision beyond your skill set.
- The Logistics and Management behind the Salon Suite Model : How to manage tenants, structure rent prices, and add massive value to your locations.
- Franchising As A Business : The vision, patience, and long-term commitment one has to have to entrust their way of doing business to another business operator.
- Family Ties in Business : The truth behind working in business as sisters and how they navigate agreements, profit sharing, and daily decisions.
And so much more!
Grab Patrice's to Start Your Own Salon Suite Business Course with this link : www.thesalonsuitemodel.com
Enter Discount Code: SocialProof at checkout!
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Transcript
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| 0:00.0 | When I was playing basketball in college and she was working |
| 0:02.4 | doing her corporate thing, I really looked up to her |
| 0:04.5 | because she had got an apartment, she got a car |
| 0:06.8 | and I remember being in college, |
| 0:07.8 | like, hey, my sister's really doing it. |
| 0:09.0 | Like, she really showing me that we could be independent. |
| 0:11.2 | So we just kind of ping pong off of motivating each other. |
| 0:13.8 | Like, she really motivated me to do my thing, |
| 0:17.0 | to even seeing her in a corporate world. |
| 0:18.5 | Like, she was killing in front of those guys and stuff. |
| 0:20.5 | So we just kind of kept motivating each other. |
| 0:22.6 | It was never a jealousy thing, never a competition. |
| 0:24.8 | It was just like, okay, you doing that cool. |
| 0:26.2 | Well, let me try to do this. |
| 0:27.2 | Okay, you doing that? |
| 0:28.3 | And three, two, one. |
| 0:33.6 | You're listening to The Real Social Proof Podcast |
| 0:37.2 | with Mr. Sleepers for Suck Us Himself, David Shand. |
| 0:42.0 | Let's get it. |
| 0:42.7 | Welcome to another edition of The Social Proof Podcast, |
| 0:45.2 | where we find dope people that do really, really dope stuff. |
| 0:47.9 | High-level odds for nors, people that have proven receipt. |
... |
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