Quick Math - Calculations to Become a 6-Figure Stylist!

Contributed post by Nina Tulio

 

The ultimate goal for many hairstylists is to eventually become a 6-figure stylist.  Meaning, you would bring in $100k + in SERVICE SALES every year behind the chair. I want to give you the calculation to hit 6 figures.  Baby steps to get you to become a six-figure stylist in a year or two. It's all about small wins. You don't have to set these outlandish goals right away. Be realistic. Here we go....

GOAL $100K: Divide $100k by 52 weeks and this = $1,923 A WEEK in service.  Divide that by the # of days you work. If you work a 4-day week you have to bring in $480.75 A DAY in service sales. If you work a 5-day week it's $384.60 A DAY.

 

GOAL $75K: Divide $75k by 52 weeks and this = $1,443 A WEEK in service. Divide that by the number of days you work. 4 days week = $360.75 A DAY; 5 days a week = $288.60 A DAY

 

GOAL $50K: Using the same formula as above you must bring in $962 A WEEK in service.  4-day week = $240.50 A DAY; 5-day week = $192.40 A DAY

 

You then break this down even more and using your average ticket, this will tell you how many clients you need to see a day. I use the $75k and the $50k a year for stylists that are in their first few years behind the chair. On average, it takes a stylist between 3-5 years working AT THE SAME SALON to become a 6-figure stylist. Be sure to track your numbers by hand every day, be consistent in your marketing, social media, and give your clients a 5-star experience every, single, time. CONSISTENCY is key!  YOU CAN SO DO THIS! Depending on your average sale, you really only need 3-4 clients a day.

 

*These figures do not include your expenses. These figures show gross revenue of six figures before taxes and expenses.