Dude, I'm in The Wrong Business

$30 x 10 = $300 a day. Times 5, $1500 a week, times 50 is $75,000. Less rent, insurance, expenses, taxes, I doubt he clears half of that.

Never met a rich barber.

You're missing the point.

That's AT LEAST 10 a day. AT LEAST. He has a partner, so they share rent. Rent is relatively cheap on the side of town he's in. Insurance, I doubt they have insurance.Expenses? What expenses? Electricity? Water? New clippers? I bet I pay more for electric and water at my house than they do in their shop.

Most importantly, it's a cash business. C-A-S-H. They don't take plastic, they don't take checks - they take CASH. How much do they REALLY bring in, only they know.

Before I started going to my current barber, I had an old school barber. When he retired, he'd cut hair out of his house as a side hustle. He had a small studio, it was nicer than his public shop! He had a nice house in a nice neighborhood. Pretty good for a guy from a remote town in New Mexico with just a high school education cutting hair for a living!

I don't know how you define "rich", but these guys aren't hurting for money.

That's my point.
 
I got my last haircut in 1991 when I was 38 years old.

I decided to just let it grow and see what happened.

I haven't cut it at all since then.

Curiously, I've grown an approximately 10" pony tail and that is where it has stayed for all these years (I'm 70 now).

Still have a full head of hair and pull out a big tangle of hair whenever I brush it.

It all grows back to that same 10" pony tail. :confused:

John

Same here, only since 1999 though.
 
Best example I've seen of being in the correct business (not barbering):

Back in the day I used to watch House Hunters International once in a while. Every so often the story would be about a couple in their 20's or 30's working from home at their Caribbean island home. I always wondered what they did, and how do I get in that!
 
50 years ago my wife graduated from Mr. Luckies School of Dog Grooming. When covid hit it got hard to get a haircut and they could not cut/groom my beard/mustache through a mask. So I decided my lovely wife was qualified to cut my hair and trim my beard. She does just as good a job as the barbers did in Army basic training in 1964. Except for the short beard and mustache my head looks about the same. At my age, I don't really care. My chick magnet days are long gone.
 
Ματθιας;141851319 said:
You're missing the point.

That's AT LEAST 10 a day. AT LEAST. He has a partner, so they share rent. Rent is relatively cheap on the side of town he's in. Insurance, I doubt they have insurance.Expenses? What expenses? Electricity? Water? New clippers? I bet I pay more for electric and water at my house than they do in their shop.

Most importantly, it's a cash business. C-A-S-H. They don't take plastic, they don't take checks - they take CASH. How much do they REALLY bring in, only they know.

Before I started going to my current barber, I had an old school barber. When he retired, he'd cut hair out of his house as a side hustle. He had a small studio, it was nicer than his public shop! He had a nice house in a nice neighborhood. Pretty good for a guy from a remote town in New Mexico with just a high school education cutting hair for a living!

I don't know how you define "rich", but these guys aren't hurting for money.

That's my point.

I would dare bet that less than 10% of barbers make more than $50,000 a year. And at today's cost of living, that ain't much!
 
[quote prices went up, maybe $20, worst case, $25.

No, $30!!! He says that's about average, now!!!

Making small talk with him, he says he does at least 10 people a day!

Barber shops are a cash business. Cha-ching!!

(I hope to go back to my neighbor)[/quote]


$300.00 dollars a day isn't much with all the overhead that goes with running a commercial business
 
$300.00 dollars a day isn't much with all the overhead that goes with running a commercial business

If $300 isn't enough, how much should he be bringing in?

As I said, AT LEAST 10 people a day.

All I know is that the barbers that I've talked to aren't hurting for money - especially the ones who've been around for a while.
 
Probably an unpopular opinion, but I never understood why anyone would tip a barber/hairstylist. Oftentimes, they are setting their own prices. For the ones who work at a place where the price is set, they have agreed to that level of recompense, just like any other worker.

Yes, they are performing a service. one for which they agreed to a price. beforehand. We dont tip doctors or nurses. teachers or mechanics. I guess I dont see the difference. all are providing a service as well. It must be a cultural thing that has become the norm over time.
I love people that have never had to be in the service industry at any point in their life? lol
Probably be best for you then, health wise, not to frequent the same eating establishments more than once if you're a non-tipper.
Trust me, Servers remember you and will most certainly add a little extra special "sauce" to your food.
Trust this.
 
Wife cuts my hair. Married for 25 years in one month from today, plus the free haircuts for the year or so before the wedding. I figure all the money I saved on haircuts will pay for that 25 year anniversary ring. (Going over today to pay or whatever I gotta do to have the lady size it for her finger.) So, like a puppy, there's no such thing as a free haircut. At least around here!
 
I've been going to Great Clips all over the US for about 15 years. My last cut was 2 weeks ago in Pahrump, NV. $16. In comparison, my barber in Manila hits me up for ₽380 or $6.75 and that includes school pampering of a head and shoulder massage, etc.
 
My wife cuts my hair. I have had a Ponytail since I retired from the Fire Dept in 95. Couldn't have long hair when I worked in there since 68. Before that I did many things but my actual job was as a Barber. Yep cut hair in the days of 1.50 haircuts...around the city..where I lived they were a buck at the most. I even cut hair on the local Nike Missile base cutting hair for those guys for 50 cents on weekends Holidays etc. Saturday prices where I worked were 1.75. Shortly after starting at that shop,early 66 the owner raised the prices to 1.75...2 dollars Saturday. On a Saturday prior to Easter 1967 I actually took in a little over 400 dollars...15 hours of cutting and tips...a big tip then was 50 cents. I got 80% of my intake. Many days I started at 0600 with business men wanting to look clean cut so I asctually had scheduled times for 0600 to 0730. when the other barbers came in. Sam...the owner came in early and called in the book for the day and cut a few also. We had 6 barbers there. It could be hectic. I was young and blond hair blue eyed smoosher so I had a clientele of over 150 young kids brought in by their young bored mothers. Different time and era. And yeah...it was a cash business. I got paid twice a week in cash...Wed and Sat. The owner kept getting noticed by the law and one of my customers who was truly connected politically in Baltimore City got me an interview with the Baltimore City FD(I had taken their test) after telling me to get out of that place before the law got to 'em. I was lucky and got out before the law fell on 'em like my Godfather said would happen. He liked me and I dated his daughter off and on for a year. The only illegal thing I did while working there was drinking. I started in the FD at age 20. Quit drinking before it was legal for me to do so. I can't believe the prices of haircuts and womens styling. I even cut my wife's hair. I spent time in a beauty school as they called 'em back then
 
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