If you’ve gotten through Q1 and still aren’t sure how your business is progressing, it’s time for a check-in! Ready to level up? Here are my top 5 ways to work smarter (not harder)!
Raise your prices. Your time matters. Day after day I continue to see far too many Professionals (Beauty and other industries) charging far too little on services that take them 2-3 hours to do. In many cases, because there are only so many hours in the day, at the end of the day, the math ain’t mathin’.
Set (and keep) clear boundaries. If you don’t value your business, why should you expect that anyone else will?
Know your expenses. How much does it cost you to open your doors each month? How much does it cost you to take care of your personal expenses? If you’re making less than you need, you’re going in the hole each month. If you don’t even know how much it really costs, how can you even make a plan to improve?
Remember, 80% of your success as a business owner has nothing to do with your technical ability or your talent. It’s about your confidence, your people skills, your business skills and your Consultation skills.
Invest in yourself. Of course, taking classes and training is a great way to invest, but make sure that you’re:
Taking more than the 'fun' classes about your industry, be sure to add in some business training, as that will take you far.
Take some time to implement what will work for you, as we learn by doing.
Personal development is a critical part of leveling up.
Stay up to date on my latest advice and strategies by binging my business blog here at https://www.beautysuperstars.com/blog
P.S. If you know it's time to raise your prices, but you keep getting stuck, do yourself a favor and click here to grab a copy of my Power Pricing Workbook and take the first 3 steps! Links at https://linktr.ee/mikiwright
Miki Wright is a Pricing Strategist and Business Funding Expert, as well as a long time Leader in the Beauty Industry. She trains talented Professionals how to charge what they're worth! Helping them confidently set and raise their prices, without fear or guilt. She also offers business funding (up to $25K within 24 hours). Wright has a deep understanding of the unique challenges faced by Entrepreneurs with regards to pricing and accessing funding.
Wright's former Salon and Spa has been featured in Essence Magazine, The Washington Post, and qualified as one of the 200 fastest growing Salons in the country with SalonToday.com, for three consecutive years. Wright is known for her ability to innovate, inspire and offer actionable steps that get results and is the Founder of the Club $10K 90-day Mastermind. Apply now at https://Profitplan.as.me/10K
Ready to take your business to the next level? Wright will help you set and raise your prices with confidence, and build and fund the business of your dreams. Contact her at BeautySuperStars.com or for business funding, visit bizfunds4u.com