When was the last time you actually thought about getting a promotion? A few months? Years? More than likely you haven’t given it a thought since starting your own business as a stylist — whether you went the booth rental route or opened your own salon.
That’s one of the reasons you became an entrepreneur, right? You don’t want to put your income and your growth prospects in the hands of a boss who’s not necessarily looking after your best interests. But you should definitely be thinking about how to give yourself a promotion — the key to earning more income and gaining more job satisfaction as a hairstylist.
Here are 3 tips that will put you in a position to give yourself that well-deserved promotion— and pay raise.
Reset your fees. Take a good look at how much you’re charging your clients for your services. When was the last time you made an adjustment for inflation? How about raising prices for the simple fact that you’re a lot more skilled at your profession than you were 3, 4 or 5 years ago? Giving yourself a pay raise could be as simple as recognizing you need to charge appropriate rates. Before you make that step, take a look at what your competitors are charging. Be realistic. Look at the stylists who are in your region and are at the same level of expertise as you. After conducting your research, determine the best way to share the news with your clientele. Let them know how much you appreciate them, give them a timely warning, and explain that you need to adjust fees to reflect the increasing costs of products and tools.
Go upscale. You want to get to the next level? As they say in other professions, you need to start dressing the part. In the styling business, that means your surroundings need to look the part. If you’re looking to start charging premium prices for premium hairstyles, you really shouldn’t settle for a mediocre salon. When your contract is up under your current rental agreement, look into nearby areas that give off a more upscale vibe. You know what we mean. Clean, stylish and polished. However, don’t move too far from your current location. You don’t want to abandon your current clients in your pursuit of new clients.
Surround yourself with positive people. After a couple of years in the self-employment ranks, you’ll realize that your success is not a solo operation. You really do need other people to help you succeed. What does that mean exactly? How about surrounding yourself with positive people who will encourage your entrepreneurial pursuits. This could be other people in the industry, as well as relatives and friends. Don’t sit in the company of nay-sayers. Those people who support you could very well be the people that spur you to that next promotion.
-Easy for you, Easy to love-