My Journey to Profit First for Purpose
As they say – every storm can produce a rainbow! This is so true, even for my journey. It’s been a long road that has brought me here, as the owner of Salon Cadence, where every day I get to mentor some of the most brilliant minds in the beauty industry!
But, it wasn’t easy getting here. I want to share a few things I learned along the way to inspire you to dream bigger, to build bigger, and to bank even bigger profits to have more impact in the world.
“I was ready to give up!”
After 10 years in my salon – I was so focused on going, going, going – that I started to lose who I was. If I wasn’t at work (well there were many times that I wasn’t at work), but if I wasn’t busy all the time, I felt so lost.
After all, my business was flourishing, or so it seemed. My clients were happy (I had some amazing ones!), the appointment book was always full, and the salon atmosphere buzzed with energy.
But, the harsh reality was…
My finances were a nightmare!
Every two weeks was a panic to hope and pray I could make payroll. And, my paycheck – was non-existent!
I can’t tell you how many sleepless nights I had worrying about money, worrying about the business, worrying that I would lose it all if I didn’t work 16+ hours, 6 days a week.
At that time, I realized that my business model prioritized revenue without regard for actual profitability or my personal well-being. Translation: I was sacrificing time with my family, my personal health, and, most importantly, the passion I had for my business – for the sake of just being busy.
I made a different decision and it changed EVERYTHING!
I was tired of being tired – so I finally decided, one random night, that I was going to do something different. I had to!
I embarked on a life-changing journey to redefine what success meant to me. I had to get clear on what I really wanted for myself, for my business, for my family, and ultimately, for my life!
For me, my salon wasn’t just about financial gain but about creating a business that served a greater purpose.
And, that is where my concept of ‘Profit for Purpose’ was born. So, I committed to making my business work for me, not the other way around.
I dove into financial education, learning everything from cash flow management to strategic reinvestment. I stumbled upon a book that changed my life – called Profit First. And as I started reading the pages and implementing the system it taught – literally everything finally clicked!
I finally could go on vacation!
As I transformed my business, the transformation in my personal life was even more pronounced. I reclaimed time with my family, I finally had time to pursue my personal interests, and most importantly, I had time to start volunteering again and pouring back into the salon community.
I started mentoring local salon owners, which soon turned into speaking engagements, workshops, and eventually, a thriving community of beauty industry professionals all learning to prioritize profit with purpose.
Profit for Purpose: Beyond a Business Model
‘Profit for Purpose’ is SO much more than just a financial strategy – it’s a holistic approach to business that integrates profitability with personal fulfillment and social impact.
It’s about building a legacy that transcends financial success, enriches communities, and nurtures the next generation of entrepreneurs.
Salon Owner – You’re Not Alone
If my story resonates with you, and you’re feeling the heavy weight of your business on your shoulders – don’t carry it alone.
I work with busy and overworked spa, salon, and barbershop owners to transform their business from time- and cash-drainers, into vehicles for freedom, for impact, and for 6- and 7-figure CASH profits!
If you’re ready to try something different? Take our Profit Score assessment to gauge the profitability of your company and discover resources on how we can support your growth. Our scale measures the freedom you’ve achieved in your life—freedom of time, financial freedom, and the freedom to work as the CEO of your company instead of the CEO of your chair. It only takes a few minutes to identify your company’s profitability!
