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Small Business Owner
      Interview
           The Hair Zone
  Owned & Operated by: Mark Gugliemo
           Lindsey Oliver
           Nichols College
           MGMT-100-01
The Hair Zone
O Sole-proprietorship

O Mark wanted to be able
  to run his business, his
  way & didn’t really need
  help in ownership

O Services include
  hairdressing for both
  women and
  men, manicure/pedicure
  , facials

O In business for 3 years &
  is currently my
  hairdresser
A little Background
O Mark has been in the hairdressing business since
  1977
O When he was 19 years old, he worked as an
  automobile mechanic in a shop located right next
  to a barber shop (New York)
O He came to like the idea of styling hair &
  immediate pay; went to school at age 23, resulting
  in becoming licensed
O He owned 2 different salons, one after the other;
  lost both, one to a fire & the other through divorce
Getting Started
O Once Mark bought his space in Dudley, MA, he
  rebuilt the salon completely with the materials that
  were already there to save so that he virtually paid
  nothing to rebuild
O Ex: dismantled walls, saved everything down to
  each nail
O Having his license, & years of previous experience
  really benefitted him, as well as business mistakes
  that he had learned from
O Mark went from just hairdressing to now offering
  nail service, facials and soon, full spa treatment
  and massages
Successes
O Mark said his major success is that his business
  has physically grown over the past three
  years, even in the bad economy
O Most rewarding aspect of running the business:
  being able to adjust money that comes in, take a
  paycheck each week and be able to get a raise each
  year
O Critical success factors: maintaining good service
  hours, providing exceptional service that results in
  clients wanting to re-book, maintaining reasonable
  prices and staying current
Challenges
O Being able to create an income that will meet
    your expenses, weekly, making sure that you
    breakeven, not monthly
O   Finding great employees that will please the
    customers
O   Greatest challenge: adding services to become
    more well-rounded
O   Overcoming the challenges comes with
    practice
O   Fatal flaws: you have to make people want to
    come back and you have to pick up the slack
Competition
O Mark said that he doesn’t think of other
  shops as competition, he mainly strives to
  better his shop and himself
O To achieve a competitive advantage, you
  must consistently provide great service
O To keep customers satisfied, you must
  know current style, and many different
  styles, to be able to look at someone and
  know what would look good on them
Marketing
O When a client comes into the Hair Zone for
  the first time, the secretary will take their
  email, & automatically send them a voucher
  for their next visit
O The salon will also email for feedback, asking
  for one thing the client did not like about the
  salon
O They don’t exactly advertise, but instead, the
  salon gets involved in the community, hosts
  in house promotions and product sales
Staffing
    O When seeking new
      employees, Mark looks
      for someone who is a
      “people-person,”
      someone with
      experience, flexibility, h
      onesty and open-
      mindedness

    O He operates with 3 hair
      stylists, 2 nail
      technicians, all are facial
      trained & a secretary
The Future
O Mark definitely plans to
  stay in business

O Plans/goals: add
  services, eventually
  remodel, become more
  of a manager and do
  less physical work, add
  a 2nd location
Unique Questions
Q) What about cutting hair do you like so much?
A) It allows me to be creative and I love styling
someone’s hair and seeing a big smile on their face
afterwards!

Q)Do you ever wish you had stayed a mechanic?
A) Not at all, I’m doing what I was meant to do

Q)Your wife must love that you can cut/Style
hair, right?
A) Like you wouldn’t believe, its very convenient!
Summary
Mark said that his advice for a young
person wanting to own a business is:
1. Once in business, you must constantly
     keep growing, don’t maintain
2. Build assets
3. Use creative financing, no big spending
 I learned a lot about Mark & his business &
now consider opening a business more than
ever before

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Hair zone project

  • 1. Small Business Owner Interview The Hair Zone Owned & Operated by: Mark Gugliemo Lindsey Oliver Nichols College MGMT-100-01
  • 2. The Hair Zone O Sole-proprietorship O Mark wanted to be able to run his business, his way & didn’t really need help in ownership O Services include hairdressing for both women and men, manicure/pedicure , facials O In business for 3 years & is currently my hairdresser
  • 3. A little Background O Mark has been in the hairdressing business since 1977 O When he was 19 years old, he worked as an automobile mechanic in a shop located right next to a barber shop (New York) O He came to like the idea of styling hair & immediate pay; went to school at age 23, resulting in becoming licensed O He owned 2 different salons, one after the other; lost both, one to a fire & the other through divorce
  • 4. Getting Started O Once Mark bought his space in Dudley, MA, he rebuilt the salon completely with the materials that were already there to save so that he virtually paid nothing to rebuild O Ex: dismantled walls, saved everything down to each nail O Having his license, & years of previous experience really benefitted him, as well as business mistakes that he had learned from O Mark went from just hairdressing to now offering nail service, facials and soon, full spa treatment and massages
  • 5. Successes O Mark said his major success is that his business has physically grown over the past three years, even in the bad economy O Most rewarding aspect of running the business: being able to adjust money that comes in, take a paycheck each week and be able to get a raise each year O Critical success factors: maintaining good service hours, providing exceptional service that results in clients wanting to re-book, maintaining reasonable prices and staying current
  • 6. Challenges O Being able to create an income that will meet your expenses, weekly, making sure that you breakeven, not monthly O Finding great employees that will please the customers O Greatest challenge: adding services to become more well-rounded O Overcoming the challenges comes with practice O Fatal flaws: you have to make people want to come back and you have to pick up the slack
  • 7. Competition O Mark said that he doesn’t think of other shops as competition, he mainly strives to better his shop and himself O To achieve a competitive advantage, you must consistently provide great service O To keep customers satisfied, you must know current style, and many different styles, to be able to look at someone and know what would look good on them
  • 8. Marketing O When a client comes into the Hair Zone for the first time, the secretary will take their email, & automatically send them a voucher for their next visit O The salon will also email for feedback, asking for one thing the client did not like about the salon O They don’t exactly advertise, but instead, the salon gets involved in the community, hosts in house promotions and product sales
  • 9. Staffing O When seeking new employees, Mark looks for someone who is a “people-person,” someone with experience, flexibility, h onesty and open- mindedness O He operates with 3 hair stylists, 2 nail technicians, all are facial trained & a secretary
  • 10. The Future O Mark definitely plans to stay in business O Plans/goals: add services, eventually remodel, become more of a manager and do less physical work, add a 2nd location
  • 11. Unique Questions Q) What about cutting hair do you like so much? A) It allows me to be creative and I love styling someone’s hair and seeing a big smile on their face afterwards! Q)Do you ever wish you had stayed a mechanic? A) Not at all, I’m doing what I was meant to do Q)Your wife must love that you can cut/Style hair, right? A) Like you wouldn’t believe, its very convenient!
  • 12. Summary Mark said that his advice for a young person wanting to own a business is: 1. Once in business, you must constantly keep growing, don’t maintain 2. Build assets 3. Use creative financing, no big spending I learned a lot about Mark & his business & now consider opening a business more than ever before