Tanning Salon Don @TheSalonDon
I quit my $250k finance job at 26 to run tanning salons. Pretty sure I’m doing better now Joined January 2023-
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Give an employee a fish, you’ll fish every day Teach an employee to fish, you’ll never fish again The parable of delegation
Just got a new application for my weekend front desk role! Should I hire?
DO NOT CONTACT HOURLY WORKERS OUTSIDE OF THEIR HOURS Unless it’s scheduling or an emergency do not make the job a mental burden You signed up to think about the business 24/7 They signed up to only think about x hours per week
Excellent point on location placement: It’s better to find a badly run business and open up right next to it than find a place with no competition If a badly run business is alive, you know demand is great If no business is there it’s just a guess
Excellent point on location placement: It’s better to find a badly run business and open up right next to it than find a place with no competition If a badly run business is alive, you know demand is great If no business is there it’s just a guess
5 hours left to run payroll Chase website is down Code red
5 hours left to run payroll Chase website is down Code red
Capitalism is a weird system Just spent 4 hours sprinting back and forth to Home Depot to get whatever this guy needed to fix my my AC before the end of the day If you paid me $1000 I still wouldn’t have gone at that pace But I was paying him $500
Most dramatic salon moment just happened *Customer comes out visibly angry “Are you the owner?” “Yes” *Points to receptionist “SHE IS THE WORST EMPLOYEE YOU HAVE BY FAR, THE ROOMS ARE DISGUSTING WHEN SHE’S HERE” I take her outside before the receptionist yells back. We…
NEW CLIENT REVEAL 🚨 Been working with Zuck for a few months now The tan is 90% of his transformation
Recent hiring process: 180 applications 17 interview requests 13 interviews scheduled 9 showed up for interview 6 available during hours 3 qualified 2 offers 1 accepted
We take notes on all appointments so we can send emails like this Standard at 5 Star Hotels, Restaurants and large business accounts Unheard of for middle class tanning salon No direct P&L impact but these things add up to the most profitable tanning salon in the US
If everyone in the world was flipping coins Statistically a few would get 100 heads in a row They would be viewed as the wizards of coin flipping and considered masters of the art If they bet all their money on each flip they would be billionaires
Update: I was not able to fix it and am now calling an electrician
Update: I was not able to fix it and am now calling an electrician
I can afford $1000 for an electrician I can’t afford to wait 3 days That’s why I do 90% of our electrical repairs myself Pic is from one of my units this morning
Quick guide on how to finance your business if you can’t pronounce EBITDA: If Marketing and Salaries make you grow look for equity financing These are pre-EBITDA expenses If Equipment and Locations make you grow look for debt financing These are post- EBITDA expenses…
Receptionist interviews the next few days Kind of looks like my schedule in college
Life in a seasonal business: High season: -Go to office at 11am -Check new members -Google $5m houses and Lambos -Ask workers about their life Low season: -Go to office at 8am -Check member cancellations -Google countries to disappear in -Yell at workers for minor infractions
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@sweatystartup 4. You don't have to commute in traffic every day 5. You can play golf on a Tuesday morning if you feel like it
I don’t know how it was 10 years ago, but LaGuardia is now the best airport in America.
Dude you aught to see private aviation applications.
Just got a new application for my weekend front desk role! Should I hire?
Have seen both conventions being used. Which one do you think makes more sense?
@realEstateTrent You can be a great parent in NYC, but your kids are going to be in school with kids that don’t have great parents. Yea this is true in the suburbs, but the access to vices / extreme wealth is just not the same
Thanks!
@NipseyHoussle sir please advise
Huge congratulations to @DerekTschilar for winning Arizona’s 2023 Real Estate Rookie of the year. Hardest working man in residential real estate. Thank you for all of your mentorship and advice. 🍾🤝
I started a pest control company. A couple things we are doing to get off the ground as quickly as possible from an SEO perspective: 1. Techs are knocking doors offering free sprays in exchange for a Google review. They don’t try to push a sale at all. They do a full spray of…
@knicks_tape99 Who’s gonna tell him that they’re hiding all the hot girls from him because he’s ugly?
@Lifeinvestmoney Glad you’re back, since I actually had a question about what 401k vesting means.
@TheSalonDon This is a great reality check. If you want someone to act as a sounding board for you - bring on an investor or partner. Your hourly workers have negligible incentive to participate in work conversations outside of work (also will rub them the wrong way).
Why do gym workers say “enjoy your workout” ? Do you think most of us go on to actually ENJOY physically moving weight around & getting our heart rates up?? 🥴
Almost all employees want structure. They want to be told what to do and how to win inside of your org. They want to crush it for your company from 9-5 and then they want to go home and forget about work and be with their friends and family. And that’s okay! As a business…
@TheSalonDon >>>>>if a badly run business is alive, you know demand is great fax
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