EP 94 From Drab To Fab - Making A Beauty Business Profitable
Karen Pudetti took her dad's advice and studied accounting in college. However, she knew at nineteen years old she wanted to be her ownboss and work in the beauty industry. She knew that was her true passion. Karen went back to school and received her electrolysis certification, her wax and esthetic licenses.Karen also wanted to make a good living for herself and not depend on her husband. She worked out of her house two and half days a week making over $100K a year. By working out of her house Karen was able to start building a clientele and quickly realized she needed more space to service her growing customer base. The timing was perfect in 2005 as Karen came across a small spa that was going bankrupt. She knew she could turn the spa around and make it profitable, therefore, purchased it. Luxe Spa had 8 employees at the time. In the first year, additional space became available in the same building and the Luxe hair salon was born and she tripled the number of employees.Karen knew the keys to profit in her business, which grew it into the millions. She then went out to help other beauty business professionals to thrive. Author of: Rags to Riches: How Beauty Icons Made It Big is available on Amazon.com for $19.99She wanted to take the book and dive deeper with a course, Rags to Riches in Action. It guides leaders step-by-step to financial abundance. It's the consulting process she takes her clients through. She continues to consult beauty businesses around the globe. For more information, visit https://luxespa.comNot only has Karen Pudetti built a multi-million beauty business from the ground up, but she also has a highly successful clothing line (ba Badass Clothing Inc). The clothing line was started to build a foundation for ADHD kids. For much more on ALL things money mindset, money management, how to earn a great living and love what you do… make sure you’re listening and subscribed to my weekly podcast, Money and You: https://podcasts.apple.com/us/podcast/money-you-with-michelle-perkins/id1365907575?ign-itscg=30200&ign-itsct=podcast_boxAnd don’t forget to join the Limit Free Life newsletter for valuable, usable content and to learn about upcoming events: Let’s Connect… https://limitfreelife.com/newsletter/Grab a free offer on how to make better money making decisions:The Secret to Powerful Money Making DecisionsFor more information on Limit Free Life & Michelle Perkins: https://limitfreelife.comLinkedIn: https://www.linkedin.com/in/limitfreelife/Instagram: https://www.instagram.com/livealimitfreelifeI’m excited to offer you a way to develop a next level relationship with money that will empower your mindset and financial mastery by “dating your money.” Until you understand how YOU relate to money and what you believe about money, nothing will change. Once you begin to get to know yourself with money, learn the fundamentals of money management, and operate in a new way with money, everything will open up. Join my signature “Your Money Date” Program and I’ll help you make the shift. https://limitfreelifeworkshops.com/