Retrospectively Reviewing & Reviving my Hair Business

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In an earlier post, I talked about having a passion for hairstyling and creating unique hairstyles in general. This passion eventually turned into a business while I was back in university.

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The Rebranding
After University, the business was rebranded to cater to the needs of not just students but a larger target market outside school.

Within this time, I introduced new hairstyles and they were named based on the inspiration that birthed them.

I did not have enough funds to open a physical location such as a salon or a store for hair products, so I worked from home.

Getting Support
As orders exponentially grew, I realized I could no longer do it on my own and I required extra hands to support me in the business.

So I went in search.

At the time, I did not have enough funds to sustainably pay salaries for 6-months. I could manage to scale through the first 2-months but may struggle if sales dwindle.

So I decided to look into a more sustainable solution for staffing and getting the labour support I needed.

Exchange of Values
I looked for candidates that had an interest in practically learning about hair making.

I offered to train and teach them my hairstyle techniques for free in exchange for having them work with me according to a structured schedule.

As a way of compensating them for their time regardless, I offered them meals, transportation, and a monthly stipend.

A Crossroad
Everything worked out well as I got two dedicated staff that were awaiting admission into school at the time and were a total blessing.

On the other hand, I was also awaiting my posting for the National youth service during this period.

This posting came out and I had to relocate temporarily to where I was posted to serve my country.

I had to suspend my hair business as it was a bit tough to manage it while I was away.

The Revival?
In recent times, as a way of having additional streams of income, I have pondered about what it would take to revive my hair business that was once a viable source of income.

It indeed does not take an arm or a leg but it requires some form of capital to purchase the materials required to jumpstart the business afresh.

Truth is, where there is a will, there is a way.

Hopefully, with Hive and continuous progress being made here, part of my goals for 2022 is to revive my hair business and I believe it is possible.

Thank you for your precious time!

Contact and Support:
Instagram: @pearlquasar_
Discord: peaq#5727
Telegram: Pea_q

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Business where you have staff and responsibilities of paying their salary is a bold move to make. You are really brave, because such businesses scare me. I’m a guy, I don’t have any knowledge or skills in making hair(am not even sure I have any skills at all), but I think and I know that the beauty industry is a lucrative one that I don’t mind trying out someday. But my plan is, my “workers” will act as a partner with me. In the sense that, instead of overloading myself with burden of constantly thinking of salary and worrying if they are working hard enough for the salary, we will have a partnership agreement.

This agreement will be:
They get paid based on their performance, that is 20% of whatever they make in a month. This way it makes them work harder and get paid more or get lazy and get paid less, thereby reducing the burden of constantly worrying about their salary.

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They get paid based on their performance, that is 20% of whatever they make in a month. This way it makes them work harder and get paid more or get lazy and get paid less, thereby reducing the burden of constantly worrying about their salary.

This is so brilliant!
A commission/performance-based earning structure. I like!
Thank you for this...
Thank you even more for stopping by with all this wisdom 😊

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