$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.
$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.
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.
John
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.
$300.00 dollars a day isn't much with all the overhead that goes with running a commercial business
I love people that have never had to be in the service industry at any point in their life? lolProbably 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.