Organizing your Finances as a Hairstylist + Making MORE Money in your Business!

This video is about a taboo topic...MONEY. And I'm so excited to be sharing the method I use to organize my finances and make money money in my business 💲
*Disclaimer: The method and advice I share in this video is what I have used in my business and what has worked for me. I am in no way a financial adviser and any advice I share in this video should be consulted with a professional adviser.
If you want to get the book Profit First, head over here: amzn.to/2SZTWIh
In the video, I mention my completely free 23-page Ultimate New Year Guidebook and you can download it at: www.jamiedana.com/newyear
This guidebook and video will help set you up for success this year by helping you plan out your year, keep you organized, and on-track to hit those big dream goals you were meant to hit!
This video was part of my Intentional New Year Series that I filmed in January 2019 where I talked about a new topic that will help you grow your business as a hairstylist!
Other videos that are part of the Intentional New Years Series:
✔️ How to set GOALS as a hairstylist 🎉 Plus FREE Guidebook: • How to set GOALS as a ...
✔️ How to Organize your Salon - 3 Easy Tips to keep your salon clean: • How to Organize your S...
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👉 IF YOU LIKE THIS VIDEO, come over to Instagram, send me a DM, and let me know! I'd love to hear your favorite thing about this video! / jamiedanahairstylist
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👉 If you want to see a list of my favorite products check out my Amazon shop to purchase: www.jamiedana.com/amazon​
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👉 Are you a hairstylist who wants to get more Instagram followers and ultimately more clients in your chair?
What if you knew EXACTLY what to post on Instagram every single day without having to think about it?!
My latest resource ✨The Social Stylist Plan ✨ will help you easily map out 3 months of Instagram content in less than 3 hours so you can spend only 3 minutes a day posting on Instagram. And the best part is it's only $27!
Check it out at: www.thesocialstylistplan.com​​ 🎉

Пікірлер: 113

  • @allthingsmeganrohr7336
    @allthingsmeganrohr73365 жыл бұрын

    Love the video! If you’re going to have background music it’d be lovely if it was quieter. I have terrible focus and it would just make it easier for me lol

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Thanks so much for the feedback! I'll keep that in mind for future videos!

  • @thechunkycheerleader8679

    @thechunkycheerleader8679

    5 жыл бұрын

    Me too!!! Us ADHD peeps

  • @meganbarrett5127

    @meganbarrett5127

    4 жыл бұрын

    i agree it was hard to focus

  • @madelynhamby68

    @madelynhamby68

    4 жыл бұрын

    AllThingsMeganRohr same omg but I love her videos

  • @charityswartz5197
    @charityswartz51973 жыл бұрын

    Just found you! After being in the hair business for 13 years I finally opened my own salon in January. I have a hard time with doing this. I’m not very good with the actual business aspect of it even though I must be doing something right that I’m almost at a year open

  • @linaemam8111
    @linaemam81113 жыл бұрын

    For busy people: - The first 6 mins is just bla bla bla. -6:11 she recommends reading "Profit first". - Put all of your money into one account, take out your profit and then use the balance for your expenses. - Have 5 accounts: all income, profit, owners comp, taxes, operating expense account

  • @abm6216
    @abm62165 жыл бұрын

    Thank you so much for this video, I’ve believe sitting on the idea of becoming a hairstylist and then becoming a salon owner. You’re videos have helped me get a clearer vision to achieve it. You made me believe I could really do.

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    I'm so happy to hear you loved this video. Thanks so much for watching!

  • @dianethompson9525
    @dianethompson95254 жыл бұрын

    Thank you for raising the bar on our profession and helping us all be more successful!!

  • @JamieDana

    @JamieDana

    4 жыл бұрын

    That makes me so happy to hear. Thank you for watching!

  • @wonuolaabisola7755
    @wonuolaabisola77555 жыл бұрын

    Omg where have you been all my life, your channel just has everything I need right now 🙏😘

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    That makes me so happy to hear! Thanks for watching.

  • @vintagecityfashion
    @vintagecityfashion5 жыл бұрын

    Wow ! First off I just wanted to say SERIOUSLY THANK YOU SO MUCH for making these videos about your salon and how you run it ! Second , I’ve learned more from your videos about hiring assitant, to managing your finances , to how to open up a salon and so much more than 3 years of business school! You’ve answered every question I’ve had that my professors couldn’t explain in a way that made me really understand which is sad but true . I am so motivated and inspired now to open up my own business and I cannot thank you enough for being the first you tuber that actually breaks down what you need to know about start ups ! Your videos truly inspired me and helped me and I will be buying that book you recommended to help me :)

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Thank you so much for watching! i'm so happy to hear that my videos have been helpful and motivating.

  • @fashionbarbie97
    @fashionbarbie975 жыл бұрын

    Yess!! I’ve been waiting for this girl 🙌🏼

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Love it! Thanks so much for watching!

  • @pahnsbeauty2323
    @pahnsbeauty23235 жыл бұрын

    Thank you! This helped so much. I love your comment on how our income is not like those with a regular job. We don't get consistent income, and it's hard to budget like how they do. Thank you thank you!

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    I'm so happy to hear it was helpful. Thanks so much for watching!

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg4 ай бұрын

    Love this video! Such great advice Jamie!

  • @havefaith1549
    @havefaith15495 жыл бұрын

    You are extremely inspiring and motivate me to take charge of my business. It does get overwhelming when you are not organized. Thank you!!! I definitely get that book and download your booklet. Im actually excited about this.

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    That makes me so happy to hear. Thanks so much for watching!

  • @aliciakitson4833
    @aliciakitson48334 жыл бұрын

    I've started doing hair dressing earlier this year. I live in england so while not everything you say applies to me, I've found this page so helpful xx

  • @stacihall6049
    @stacihall60495 жыл бұрын

    Love Profit first so much! I was so happy to see you shared it! Total game changer.

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    I'm so glad to hear you loved it too. Thanks for watching!

  • @SillySanchez013
    @SillySanchez0135 жыл бұрын

    So much great tips and information!! Thanks for the video!!

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    I'm so happy to hear it was helpful. Thanks for watching!

  • @angelicamiramontes445
    @angelicamiramontes4455 жыл бұрын

    3rd time watching this video, taking notes and making sure I didnt miss anything. Love this cause saving is hard and I love that you pay yourself (so smart)

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Thank you so much for watching! I love that you are so dedicated!

  • @MatterhornBusinessDevelopment
    @MatterhornBusinessDevelopment5 жыл бұрын

    This is really valuable information! Finances can be really tough for a lot of people but making it simple and clear is really helpful.

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Thank you so much! I'm so happy to hear this was helpful!

  • @maxinehylton3182
    @maxinehylton31823 жыл бұрын

    Wow this helped me so much rn!! Im literally going through my first few weeks worth of receipts(just went from employment to studio owner), not knowing where to begin but knowing I DO NOT want to fall behind. Im terrified of spending too much and not putting tax money aside or even just spending too much to make a profit. The last part where you broke down the spreadsheet was absolutely what I needed!! I will say, I wish you mentioned that you get a percentage(be it small) earlier or else I would have gone through your link lol I jumped on amazon as soon as you said the title haha next time!! But hey I just got your helpful insta course on planning out your month and I'm looking forward to sitting down with that next now! Your video was very informative and easy to understand so now I'm not dreading taking these steps towards success! Thanks again, much love!!

  • @apwhoa7767
    @apwhoa77674 жыл бұрын

    Mrs Jamie, you have to be exhausted after you make these videos.. Whew! So much energy output.

  • @bellissimamoda
    @bellissimamoda5 жыл бұрын

    Thank you so much for sharing you book and information, you are truly amazing!!

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Thank you so much! I really appreciate it!

  • @elizabetdelatorre1454
    @elizabetdelatorre14545 жыл бұрын

    I seriously love you! 🥰

  • @akinijames3410
    @akinijames34105 жыл бұрын

    With one video you have help change the way I plan for my business thanks ah million. Ps. I download the book and intend on filling it out next week on my day off.

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Aw that makes me so happy to hear! Thank you so much for watching.

  • @jennifer4196
    @jennifer41963 жыл бұрын

    I love talking about money, been reading Forbes since I was 4.

  • @trishaslone4382
    @trishaslone43824 жыл бұрын

    Love this!😘

  • @marlysblanche4270
    @marlysblanche4270 Жыл бұрын

    Thanks for all the great info!!!

  • @lbstclair29
    @lbstclair295 жыл бұрын

    I'm loving these videos!!

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Thank you so much Lindsey!

  • @cynthiacid5866
    @cynthiacid58665 жыл бұрын

    Thank you soo much for all this info! Made me think about my finances differently and I defiantly need to read that book and start doing this method.

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    I'm so happy to hear it was helpful. Thanks so much for watching!

  • @intuitivewellnessrituals

    @intuitivewellnessrituals

    5 жыл бұрын

    Cynthia Cid its so helpful!

  • @CAITLYNCABAN
    @CAITLYNCABAN5 жыл бұрын

    Ive been doing something similar to this! I usually pay myself always and let my business account amount stay small bc I noticed, like you said, the more money I have sitting in there the more I feel like I can spend but then we forget to actually pay ourselves. Super important topic.

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Thanks so much for watching! I'm so glad to hear it resonated.

  • @AbigailMarie97
    @AbigailMarie975 жыл бұрын

    Yes Just what I have been needing!

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    That makes me so happy to hear! Thanks so much for watching!

  • @leahmartin3240
    @leahmartin32404 жыл бұрын

    I would love to see how you set up your excel spreadsheet! Not sure how to go about making one.❤️

  • @Waxing-gone-right
    @Waxing-gone-right5 жыл бұрын

    Drinking game!!! Take a shot everytime Jamie says education 😂 lol love you girl and really love your videos keep it up!

  • @tksmisu

    @tksmisu

    5 жыл бұрын

    CabelloLoco13 or allocate heheh

  • @Glowevolve
    @Glowevolve5 жыл бұрын

    I do something similar on my personal life, I learned it somewhere where the guy says , “make it automatic “❤️❤️

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Love it! Thanks for watching!

  • @veronicaphillips6602
    @veronicaphillips66024 жыл бұрын

    I thank you for your knowledge and education. I’m going to use it!!

  • @JamieDana

    @JamieDana

    4 жыл бұрын

    Hey Veronica Phillips I'm so happy to hear you've learned so much from my videos! Thank you so much for watching.

  • @findingme2794
    @findingme27945 жыл бұрын

    Amazing video!! I needed this information 5 years ago!! 🤦🏾‍♀️ Going to get the Asap!!!

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Thanks so much for watching! I'm so glad to hear it was helpful.

  • @selfsufficientuniversity.5011
    @selfsufficientuniversity.50114 жыл бұрын

    Good topic. Thanks for sharing.

  • @daniellelaws1
    @daniellelaws13 жыл бұрын

    Great stuff thank you for sharing 😘

  • @nancyshairexpress9186
    @nancyshairexpress91865 жыл бұрын

    I’m a minute into the video and I had to stop it...... I couldn’t wait to thank you for all your shared talent and support and motivation you always give us....there’s a lot of things I would like to say( POSITIVE OF COURSE) but I want to continue to watch the video lol Many many blessings to you for being such an inspiration to all hard working people...

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Thanks so much for watching! I'm so happy to hear it was helpful!

  • @lcordero0520
    @lcordero05203 жыл бұрын

    Me 😧 “squeezing the life out of the toothpaste while listening to the analogy”

  • @amortable2596
    @amortable25962 жыл бұрын

    Just have to comment that the video I watched right before this from another creator talked about this same book…it’s a sign!

  • @findingme2794
    @findingme27945 жыл бұрын

    Oh, and thank you sooooo much!!!🙌🏾🙌🏾🙌🏾💛❤🧡

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    You're so welcome!

  • @adrianaanguiano9711
    @adrianaanguiano97114 жыл бұрын

    I use vagaro for scheduling and inventory, it has to many helpful features when it comes to expenses. highly recommend!

  • @JamieDana

    @JamieDana

    4 жыл бұрын

    Thanks for watching!

  • @meganfinnie3855
    @meganfinnie38553 жыл бұрын

    I have been using spread sheets but can’t find a good template. I’m not good at making my own. It would be so amazing if you could share what your spreadsheets looked it!! 👏🏼👏🏼

  • @tamikagreeley8660
    @tamikagreeley86604 жыл бұрын

    Thanks! Needed this

  • @JamieDana

    @JamieDana

    4 жыл бұрын

    I'm thrilled to hear you love this! Thanks for watching.

  • @luckyslife2335
    @luckyslife23353 жыл бұрын

    I just bought the book thru your link!

  • @emilyciaramella3290
    @emilyciaramella32905 жыл бұрын

    Thank you so much !

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    You're welcome!

  • @johndeishler6354
    @johndeishler63544 жыл бұрын

    Thank you from Judy in Pittsburg, Texas

  • @JamieDana

    @JamieDana

    4 жыл бұрын

    Thanks for watching!

  • @my8yroldlife107
    @my8yroldlife1075 жыл бұрын

    Thats so funny my mom just finished reading this book a few days ago. She got it from the library..

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Love it. Thanks so much for watching!

  • @intuitivewellnessrituals

    @intuitivewellnessrituals

    5 жыл бұрын

    My 8 yr old life so did I!

  • @bl6797
    @bl67975 жыл бұрын

    It cost thousands to get incorporated.. You’re so smart..... I have no idea what you’re talking about. I tried renting a booth,....went bust....I lost 45 % of my clients....they all moved to different states. ( 2012 Houston’s oil bust) and I couldn’t build new clients....I tried using instagram, google reviews, got 12 5 star reviews on google, and not one new client. So I relocated to Tacoma, working for THE top salon, but they pay lowest commission I’ve ever heard of. This industry is so hard....I want to do color and cutting, but they’re departmentalized. Now i have to move again to another state, start over because of family reasons. So bummed I have to look for a salon and start over again.

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    I'm sorry to hear that! Instagram is the best way to gain new clientele! I have a program Oh Hot GRAM that goes in-depth teaching HOW to build your dream clientele. The doors close to the program on Monday February 11th at 9pm PST so you'll want to enroll before then. Check out www.ohhotgram.com for more info!

  • @tanyademillo8695
    @tanyademillo86955 жыл бұрын

    Ordered the book and really going to try implementing these ideas. After 23 years owning my business I've put it up for sale. I feel like I bend over backwards for my renters and eventually they end up leaving. For various reasons. I'd like to be behind the chair less after 33 years but I'm needing to be there more to pay my bills.😔

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Hopefully this book will be helpful! Thanks so much for watching!

  • @Hithere2002
    @Hithere20023 жыл бұрын

    You are very smart. Its excellent….from a Lady Barber

  • @meganbradley2369
    @meganbradley23695 жыл бұрын

    What liability insurance do you use

  • @intuitivewellnessrituals
    @intuitivewellnessrituals5 жыл бұрын

    Wave is also a great solution to quickbooks and is free

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Thanks for sharing!

  • @Blondiesfrisco
    @Blondiesfrisco4 жыл бұрын

    Hi Jaime! I read PF last Jan and am trying to implement it. My question is when allocating for commission salons...how do I account for that and how do I know I am setting aside enough for commissions and taxes

  • @JamieDana

    @JamieDana

    4 жыл бұрын

    Hey Nikole! I will keep this in mind for a future video, however I do not work at a commission salon. Thanks for watching!

  • @intuitivewellnessrituals
    @intuitivewellnessrituals5 жыл бұрын

    Love Profit First! I was doing the jar/envelope method online already for money allocation but like you said the priority of taking profits of the top and then tax and then pay myself and then expenses for business made a huge difference. I tore through the book in one day it was such a great easy read for not being a numbers gal up til now. Lol. I borrowed the book from library and it is more fun! So awesome you made this video.

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    I'm so happy you loved the video. Thanks so much!

  • @cindymjohnson03
    @cindymjohnson035 жыл бұрын

    Hi! Found you through a friend who went to your Ember Retreat!! I want to go next year!! Side note, thank you for this video I just started booth rent! I also sell Monat hair products with my booth rental. Would you track your sales in the same accounts as your salon or would you do that separate? I’m having a hard time with that just because I sell it with my salon, but also separate? Thanks so much!! 😀

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Heck yeah! We would love to have you next year. That totally depends on your preference :) I prefer to separate everything.

  • @inspiredbythemoment
    @inspiredbythemoment5 жыл бұрын

    omg im having the same issue with the background music... i had to pause the video to let my brain relax. i also have trouble focusing haha.... okay time to turn it back on

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Thank you! I'll keep that in mind for my future videos!

  • @annagonzales4626
    @annagonzales46262 жыл бұрын

    There is a new version of this book coming out soon caked "Profit First for Hair Stylist" (or something like that)

  • @victoriabullard1841
    @victoriabullard18414 жыл бұрын

    I have a question. I've been commission for a few years as a nail tech. My boss wants to switch to booth rent. She said I can't use her card machine anymore. So I'm wondering what should I use for paying with cards method. I just found your videos like yesterday and was wondering if you have a video to explain just booth rent. I'm not planning to open my own salon just booth rent. I've read cash app or paypal but I live in a retirement town. Most older clientele who pay with cards... I can't tell them to use cash app paypal. I hope what I said makes sense

  • @toribond5218

    @toribond5218

    4 жыл бұрын

    What about using Square through Apple pay? You can hook it up to your iphone. Your clients can swipe. It's very easy and safe for your clients.

  • @victoriabullard1841

    @victoriabullard1841

    4 жыл бұрын

    @@toribond5218 I'll have to try when I'm able to go back to work. Not long after I made the comment found out I'm pregnant. With covid-19 and everything I'm not getting around customers etc. Thank you for the tip.

  • @lindanedeljkovic8406
    @lindanedeljkovic84063 жыл бұрын

    Do you have a copy of what your spreadsheet looks like?

  • @apwhoa7767
    @apwhoa77674 жыл бұрын

    I can not seem to download the the booklet, any advice?

  • @apwhoa7767

    @apwhoa7767

    4 жыл бұрын

    I think the link is broken

  • @mustakeemmk7282
    @mustakeemmk72822 жыл бұрын

    My hairdresser but you very nice

  • @sharleenandrade1191
    @sharleenandrade11915 жыл бұрын

    so how do you do it?

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    Hey Sharleen. What do you mean?

  • @hellb9by
    @hellb9by5 жыл бұрын

    did you go to business school as well ?

  • @JamieDana

    @JamieDana

    5 жыл бұрын

    I did not. Thanks for watching!

  • @ellieluckcci976
    @ellieluckcci9766 ай бұрын

    Hi I have absolutely amazing color brushes I like to send you to try let me know if you are interested ❤you are the best 😊

  • @mustakeemmk7282
    @mustakeemmk72822 жыл бұрын

    My from mumbai salon But colour theory cleass learn give you Number

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