Can sisters put a hair extensions business plan together?

Can sisters put a hair extensions business plan together?

How to put a hair extensions business plan together?

 

Two sisters living in Texas have the idea to work together. They want to put a hair extensions business plan together to start an online business. They are full of ideas and desire to start selling, but how will they start?

 

I like it when family members join forces and start to sell hair. I mean, sisters, mother and daughter or aunt together with her cousins start to sell hair. Often this creates a good team of people who connect. One party can focus on selling the hair and the other can take care of the logistical part of the business. Or to find hair suppliers.

Earlier this year I had an interview with Damaris and Devinn. This mother and daughter behind The Mint Hair Company could be a source for inspiration.

 

Manage expectations

To start your hair extensions store with another person requires you manage the expectations. I recommend to sit together and to discuss what the both of you expect of this venture. Think of:

  • how important should the business be,
  • some extra money next to a day time job or
  • do you want to earn enough to pay the bills,
  • will the both of you work the equal amount of time and is this reasonable,
  • what if you must break up the collaboration?

Not necessary for bad reasons, but in life somebody might have a good reason to stop with a business. Because of family expansion or a new career opportunity, or after winning the lottery. It’s better to agree on this upfront instead to cross that bridge when you get there.

 

Put a hair extensions business plan together, the mission

 

The first talks should be about the mission of the business, why do we want to start selling hair and what is our goal. There should be a mutual understanding. Make sure to make notes, this will be the basic material if you put a hair extensions business plan together.

 

For whom you are in business, who will be your client?

 

Now you have clear:

  • what you want to achieve
  • in what time frame and
  • how you will deal with a change in the collaboration.

The next talk should be about who you want to support. Who you want to feel good. In the beginning stay as close as possible to a part of the community you are familiar with. The better you understand the needs of your potential clients, the better you can market the hair.

If you understand how your potential clients gather information, you will be:

  • successful in placing the hair they like (yours)
  • front of them (the right social media or website)
  • at the time they are ready for it (your publishing calendar).

Understand the needs of your clients

 

Perform a market survey. Make sure you use these first contacts with potential clients to build a relationship.

  • hand over a business card,
  • ask for their email address so you can inform them when you launch your store,
  • connect with people online and comment on their pictures. Make sure to have your social media in place.
  • use a name people remember and triggers people to visit your social media.

 

Here it comes. the hair

 

The market survey will show the needs your clients have about price, texture and quality of the hair. Now you can turn your back to hair suppliers and hunt the planet until you found the best supplier. It will be much easier to find the right supplier, because you know exactly what you need. The hair you need is what your clients buy as soon as you have it in store. At the right conditions, price, return policy and charges.

 

Put your customer in the middle of your company

 

When you held the market survey, you already started to market your business. Now you must increase your effort:

  • start a blog to attract new visitors to your hair store,
  • use social media to attract and
  • connect with potential customers and to tell your story.

Tell them you are in business because you want your client to look and feel good. Be sure you place your customer in the center of your product offering.

 

From Dream to your own hair extensions business, in only 10 days

The Sisters bought the eBook “From Dream to your own hair extensions business, in only 10 days”. This eBook give them a lot of guidance to start.

When they are ready to start I recommend to check the Hair Extensions Business Plan Package. Free hair samples, introduction to hair suppliers and much more like a 30 minute skype call with me.

 

Do you want to start a business with a family member too?

 

Let me know, are you ready to put a hair extensions business plan together with a family member or do you prefer to start all by yourself?

 

Low self-esteem should not stop you from selling hair extensions

Low self-esteem should not stop you from selling hair extensions

Low self-esteem should not stop you from selling hair extensions

If somebody sign’s up for my newsletter, I always like to know what their biggest struggle is. I really appreciate if somebody takes the effort to sign up for my newsletter. The newsletter is in many cases the start of a new relation between you as a reader and me. And if people meet for the first time, it’s a good moment to start the conversation.

Everybody who new subscribes up receives a welcome short note as swift as possible after they sign up for the newsletter. In most cases I receive the same or next day a response.

What are you struggling with right now?

Every time I feel honoured when people share their struggle with me. Because I appreciate the confidence and trust, these mails get the highest priority to answer. Next to the fact it helps me to build a true relationship with my readers, it also keeps me informed about the topics, issues and worries my readers face and could be worth to write about to share it with a bigger audience.

A star player with low self-esteem

Today for example, I received a “what are you struggling with right now” response from Candy. In short Candy shared with me she was not feeling secure enough to start a hair business. She felt she was over thinking everything, despite the positive feedback she received from friends and family. She wanted everything to be perfect before she started, but her low self-esteem kept her from starting a hair business.

The way Candy shared her story and what she shared gave me the feeling this was a woman with passion to make others look and feel good. She was star player. If Candy could transpose this feeling to me only by writing an email, imagine what happens if she is selling her hair, by webstore, social media or in a salon!

I felt it would be a waste for the talents of Candy and all her potential clients if she wouldn’t start her own hair business. I shared with Candy my advice that it’s good to strive for perfection, but the proof of the pudding is in the eating. Also in the beauty industry. You will experience how well your plan will work, only after the launch of your business. There must be a moment, the planning will stop and the doing will start.

Copy eBook not to have excuse not to start selling hair

Candy shared some other questions, which I also answered, but because I really wanted to support her and to help her to start her own business I gave her a copy of my eBook “From Dream to Your Own Hair Extensions Business, in Only 10 Days” . As token of my appreciation and because I did not want Candy to have any excuse not to start her own business.

Candy replied to my mail within the hour and I can tell you, she really made my day, because she promised to start reading the eBook right away and she was very happy with my offer to support her!

Sign up so we can start to know each other too!

I hope to start to promote Candy’s hair store soon on my website! If you did not sign up for the newsletter please do, I can’t wait to get to know you!

 

7 painkillers if the struggles of selling hair extensions give you stress

7 painkillers if the struggles of selling hair extensions give you stress

7 painkillers if the struggles of selling hair extensions give you stress

 

Black Friday was record breaking, online sales boosted and many shops predict big earnings. Great news, but what if the carts of your online store remained empty? What if for the last weeks or perhaps even months your sales lack behind? What if the stress wins from the passion? Should you give up if the struggles of selling hair extensions are too much, or continue to make you dream come true?

 

When stress kills the passion

When you started to make your dream, your idea to have your own hair extensions store, you felt the energy floating through your body. You woke up in the middle of the night and quickly wrote down another great idea to beat the competition. You remember the day you told your parents? “Dad, Mum I will become a shop owner, I am going to sell hair extensions! “You will never forget the look in their eyes.

 

But now, when sales lack behind, when the last time you bought new inventory is long time ago and when you see your friends starting selling hair extensions and do not buy from you anymore. The stress is killing the passion. The struggles of selling hair extensions are simply too much.

 

I recommend you, do not give up, but start the fight! You had an awesome idea to change the beauty and hair industry for ever, you had the solution to make other women or men boost their confidence. You had a dream and you believed in it, let nobody take it away from you! I found 7 painkillers to get your passion back again, when the struggles of selling hair extensions try to demotivate you!

 

1 Work that body

Hair extensions are all about the head, so make sure your head is fit, I mean make sure your brains are at top condition and able to deal with the struggle you face.

 

You can’t massage you brains, and I do not even want to think of that, but you can give your brains a boost if you do some exercise. Go to Gym, set up a schedule to do some work outs before you start your day. Make it your number one priority!

 

If you want to boost the effect of your work outs, set up a training schedule and try to beat yesterday’s performance. It’s unbelievable how beating yourself boosts your confidence. Start the competition and be the winner!

 

2 Understand what is causing the stress

 

Selling hair extensions is not a single task, it’s a combination of different responsibilities. You need to:

  •  have a good hair supplier,
  •  be able to connect with your clients,
  •  get enough people interested to visit your website,
  •  have a smooth payment and logistic process.

The first step is to identify what’s not working well. If you understand the cause of your lack of sales, or the lack of visitors you can focus on this. If you feel there are multiple reasons, focus on the most important one and deal with the other later.

 

This will be the issue you deal with after you finished today’s work out. Direct all energy on this topic and analyse exactly where it goes wrong. Fragment the issue into smaller steps, for example. Sales is the outcome of A the product, the hair extensions you offer and B the number of clients you have.

 

Now take it one step deeper, your hair extensions have a price component and a quality component. Analyse how your prices compare with the competition, and what about the quality? If people visit your website, do they see reviews, are your pictures original and showing the beauty of the hair.

 

Breakdown every step into two and investigate how you perform and what the problem might be and come with a strategy to improve.

 

By doing this you start to take control again, you are going to be master of the process again and this will give you energy again, Energy you need to get great ideas again to improve your sales! Now you will no longer wake up out of a nightmare, but with great ideas again to lift your passion!

 

3 Reach out to others

 

People are social animals, we need others to share our ideas with, to feel better and to get support from. Instead of locking yourself up in your house, you need to reach out to others. Talk to your hair stylist, join a group of young entrepreneurs in your community, start a blog to reach out to people in your target group, and do not forget social media. Be social, be interested in what struggles others people face with and feel the energy again.

 

Don’t you feel great if somebody knocks on your door for help and you can help that person? The boost of confidence if you see how another person who was sad before walks up straight again and leaves your house with a smile?  I can tell you, this is a universal feeling, so why don’t you knock on the door of other people? Share your concerns and struggle and hear new ideas, new visions and other means of support. Perhaps they know somebody in need of good hair, or they have an uncle who is a re-tired marketing expert with time to help young entrepreneurs.

 

 

4 Don’t forget the most important person on earth!

 

Okay, you will only be happy if the sales goes up and the money pours in, but do not forget the most important person on earth, next to your clients and that’s you.

 

Take quality time, visit an exhibition, go to a concert, take time to paint or for any other creative activity that has nothing to do with your business.

 

Block time in your calendar and do not allow yourself to come with an excuse to work instead of having quality time. You do not only need it, you deserve it!

 

5 Challenge yourself

 

At school, you practiced for some new subjects, in the beginning you just did not get it, but every time when you understood the subject better, it was fun. When you passed the test with a high grade, you felt master of the universe. Or when you learned how to drive a car. So many things to think of in the beginning, the car, the people outside the car, the traffic rules, so many things and all moving at the same time. How will you ever learn? But you did and with every next class you improved.

 

Pick up a course or training, the structure will help you to amaze yourself about how smart you are and you will learn new skills that will make you improve in selling hair. You can even study online, for example Search Optimization for Beginners to get 1,000 visitors a day to your website to get a general idea about online marketing, or learn how to make drawing or any other craft if you prefer a hobby to relax more.

 

6 Do somebody a favour every day

 

You already read that helping others gives a good feeling, so it will not hurt you if you make it a recurrent task to help others. You can try voluntary work in your local community. If you lack the time, because now you must start to do gym, go out more, analyse your struggles and follow a training, try do somebody a favour every day. This can be a small thing, that puts a smile on the face of another person. And please do accept the thank you instead of waving it away. You earned it and it will make you feel good again.

 

7 Control your tasks

 

There are many things you should do on a day, but the smarter you work the better it goes. I used to work with CNN on the background and the kids walking my room in and out with important issues like what TV channel to choose or if they could have a small bite before dinner.

 

Now I lock myself in my room to focus on my tasks and, I prioritize the tasks in four categories:

  1. Those who bring in the money
  2. Urgent and important like handling a crisis or deadline
  3. Answering mail and phone calls
  4. Drinking coffee or social talk

In the morning when I am still fit, I focus on the first group and if time is left I handle the lower categories.

Are you also 5 people in one, go for time management

And remember, please always look for the bright side of life

 

“I mean, what have you got to lose?
you know, you come from nothing
you’re going back to nothing
what have you lost? Nothing!

Always look on the bright side of life”

 

From the Monty Python Movie life of Brian

 

To end this post, I want you to know I believe in you, so why won’t you? Feel free to leave a comment on how you face the struggles on selling hair extensions or schedule a call to talk!

 

How much money to start a Hair Business

How much money to start a Hair Business

Home 9 2016 9 November

How much money to start a Hair Business?

It is good to ask yourself the question on how much money you need to start a hair business, or any business. Because starting a business means you are willing to take risks. Not the risk to lose everything you care about, but calculated risks. For this risk and the investments needed, you should have enough money to start your business.

Take your savings and hair sales into account

If you want to start a hair extensions business you take a risk, and from some of you I receive the question “How much money do I need to start?”. In other words, how much do I have to invest? If you calculate the capital required, you know how much you must set apart, or to earn with your first sales. When you want to know how much money you need, you also have to calculate how much money or profit you can make selling hair. The calculator on this site will help you.

It is about investing time and money

To start a hair business means you must invest two things: time and money. These two are very closely related. For example, because sometimes if you do not have the money to hire a marketing consultant, or web designer for your hair store you can decide to invest time to learn and do it yourself. If you have money you can build up brand name recognition by spending big bucks on advertisement.

What is needed for your hair business?

You like to have a list of steps with the investment needed to start a hair business, please continue reading.

Do you want to create your own online store?

Dream: $ 85

Every great journey starts with a dream. The beautiful “Eureka!” moment at night or sometimes even at day time. The moment everything comes together and you realize the reason of your existence, you want to start selling hair!

Now you will notice your senses pick up every information about hair and beauty, about business opportunities and business cards designs. It’s like everybody suddenly talks hair!

Dream Big!

You will dream about what you want to achieve, please do not allow room for limitations. Do not think what will be the cost to open a beauty supply store? Or how lucrative is weavon and attachment business? You have to dream as much as possible, because this is the creative stage that will give you hair business changing ideas. So instead of how much does it cost to sell hair, you dream of all the ladies or men you will make happy because you have the best hair solution of the world! Dream big!

This phase is full of energy and except for the investment in a bottle of Champagne that you only will open at the day of the launch of your hair business you only should invest time.

A lot of time but you will not care, enjoy this phase, Breath the air full with ambition and passion.

Think: $ 20 – $ 1,500

When you are ready for it, and everybody has her or his own “enough is enough” moment, you should stop dreaming. Will you make your dream work for you, or will you keep your dream to escape from the 9 to 5 job you have?

Of course, you preferred to make the dream work for you, otherwise you would have googled other search terms. Instead of “How To Start a Hair Business” you would have googled “ Business day dreaming”.

The hair market

Now you start to analyze the hair market. Who is selling hair? Where to buy hair? What is wholesale? Who wants the hair I will be selling and how to tell the world I am selling hair? These and many more questions will pop up in your mind.

 

Invest time or money?

This is the first time you must decide if you want to invest money or time. You can hire a company to do the research for you, and leave this fun part to others. Or you can start to google hair stores, hair suppliers, and perform a market survey. You will have to invest more time to talk hair with a lot of different people, but you do not care. This is the fun part because it will stimulate your brains with many more new ideas! Ideas on how you will be different from the rest. Different from the competition.

Hire a coach

To hire a consultancy firm to gather the information about the hair market will cost you at least $ 1,000 to $1,500. Some have the information on the shelf and others will collect the data for you.

Training Market Survey

If you prefer to do it yourself, you can decide to go for a training about a market survey for a couple of dollars. You must invest the time but you will not put your savings at risk.

Free market survey

The market survey has to show how big your niche, your special place on the hair market is. How many people use hair extensions and wigs in the region you focus? Facebook and Google Ads have tools to give you this insight for free. Before opening your hair store, you need to know for example the names of weavon and their prices.
To understand the market you need to know where can i buy bundles of hair to sell? Who are the hair vendors and are there wholesale hair vendors near me? What are their conditions on price, minimum order quantity and shipping?. Check the free 40 questions to ask your hair vendor to be sure you do not forget any important question.

The competition

You are not alone, so who else is selling hair, who is the competition? A simple search on social media, or on google will tell you the names of human hair retailers. Visit the hair store, mail them for information about prices and you have a good insight in the hair market possibilities.

Now you have a free first high level overview of the hair market, from client to products and competitors.

Analyze: $ 30 – $ 1,500

Now you have both the idea and the information about the hair market. It is time to start to analyze because the purpose of all this insight is to be different from the current stores in the hair business.

This is the phase to brainstorm, to take that nice drink, but wait it’s still too early for the bottle of Champagne. The phase to see a pattern, what is everybody doing in this business but not matching with the client’s needs? What do the clients need but is nobody offering now?

Easier said than done, but take your time, talk with people and challenge your ideas.

Again, you can hire a consultant or accountant, be ready to invest another $1,500. .

Testing: $ 1,000 – $ 2,000

Now this is the time to test the hair. Use Google to find suppliers, start with a long list to end up with a short list. Call or mail these suppliers, test their communicational skills and client focus. Order samples or retail orders to test the hair.

Did I do the right thing?

This is the phase with mixed feelings, the first time you will have doubts if all this was a smart thing to do. Suppliers who do not respond, samples to pay and smelly packages to open. The hair you will receive will surprise if you feel the hair slip through your fingers, so soft. Or it will hurt why you paid so much for a retail order of maltreated hair, of which you do not even know if its human or synthetic hair.

This phase does not only give you the highest level of stress, it will also cost you a lot of money if you do not manage to find the proper supplier.

Hair Samples

If you are not going to travel to countries famous of their export of human hair, you still should put $ 1,000 to $ 2,000 aside for this phase. You must pay for samples or the retail orders and if you find a supplier who is willing to invest in you too. You still should pay for the expenses of third parties, like shipping, payment or custom duties.

It all depends on your desk research and if you manage to find the supplier who can deliver exactly the hair you need to know how much money you are going to need.

To safe you time, money and frustration I prepared the All-In-One Hair Business Package.

Spread the word: $50 – $ 1,500

Now you can start to tell the world you are in business. You know how to be different, where to get your hair from and where your clients are. All the ingredients to steam up for success and profit.

Your Domain Name

Invest time to find a good business name and benefit from the free domain name Bluehost offers you with their hosting package. For a few dollars or less a month you can have your own brand name, domain, hosting package and 24/7 support.

You can start with a full fledge webstore from shopify to offer and sell your hair extensions( enjoy the 14 days trial to start selling without expenses). If you prepare yourself in advance, you can start selling hair at day one and have 14 long days you can sell hair without any charge for the store!

Find your clients and interact

To interact with your ideal clients, you start a Facebook page, Pinterest and Instagram or Snapchat. The exact mix of social media depends on your ideal clients. Be there where they are. Limit yourself to 3 platforms to start. You must interact with your followers and this is time you must invest. Social media is free, but cost you a lot of you free time too!

Now you are in business

Be smart if you invest in stock, limit the money and select a hair supplier who can deliver the hair very swift.

Distributor

Consider to start as distributor and start selling without stock, this will reduce the risk for you but still gives you the possibility to start selling hair.

Now you can start selling, but before you open the bottle of Campaign, mail or app me the day you are going to open so I can do a big and warm shout out for you!

Everybody wants a little love, from victim to victor

Everybody wants a little love, from victim to victor

Everybody wants a little love, to turn from victim to victor

Before you continue to read, please know this post is different from the others on this website. Today, I want to share with you some insight on voluntary work I do to help people who have been sexually abused in their childhood.
I love to share ideas and concepts to be different selling hair extensions, how to start your online business and to grow to a business big enough to earn a living. To talk with you on Skype or to chat on WhatsApp inspires me, and it’s great to be able to talk to so many different people, from all over the world.
Thanks to the shape of the planet I do not have a regular 8 to 5 job with HowToSellHairExtensions. I work in the middle of the night, early morning hours or sometime not at all.

Voluntary work

For me it’s very rewarding HowToSellHairExtensions leaves me time to give energy, inspiration and sometimes just some attention to the community. For a year now I am a voluntary board member of a foundation for victims of sexual abuse (SKIP).

In the Netherlands abuse was not only a practice in the Church, but also when children were under custody of foster parents and -houses. I fear by the way, the past sentence does not apply, and the risk of child abuse is still present today.

The foundation gives a platform to these victims, it lobbies with the government for financial compensation, for sharing information so the whole society can learn and hopefully detect child abuse in your environment in an early stage. But also, to receive funds to be able to organise meetings to empower people.

A year is a very short period, but I can tell you I have seen several people in that year who changed from victim to victor, thanks to the work of the Foundation. People who had their mind made up to give up this battle and to lock themselves up in their home. Who now organize events or shared their very intimate live story in a documentary on YouTube. Those people are the true heroes of our society in my eyes.

I feel honoured to be a spokesman for these people, because everybody wants a little love and sometimes this love turns you from victim to victor.

Everybody wants a little love

I can recommend you, if you have the time next to your business and perhaps day time job, to invest in your community. There are many people who can use your attention and love, and if we all turn somebody from victim into victor, our whole world will soon be truly great again!

If you support charity or any other great local imitative in your community, please post your comment to inspire others to do the same, or to get attention for your initiative and to make this world a better place for all of us!