Steve Ellis, Founder & Executive Director of the Untouchable Apprentice Training & Academy which combines on the job training and education to individuals in pursuit of a cosmetology and barbering license, grew up in the beauty and barbering industry.
After a lifetime in the business, he has seen licensed professionals make some not-so-great choices around money...and he wants that to change. Ellis wrote a book called, Mindset of Acquiring Wealth, which is a financial guide for the barber and beauty industry. In the book, he offers tools and vehicles to change your mindset and to set you on the path to financial freedom.
Anne Moratto, MODERN SALON's director of content, interviews Ellis and asks him why he thinks so many professionals struggle with managing their money.
MOMENT-BY-MOMENT HIGHLIGHTS
Anne introduces Steve Ellis. (0:03)
How do you help barbers and cosmetologists better understand finance? (1:33)
What is the process of money? (4:07)
What is a tip plan? (6:28)
What needs to change in how beauty professionals run their businesses? (9:03)
How can cosmetology schools be a part of the solution? (12:27)
What will the book teach cosmetologists about financial literacy? (14:44)
How do I get my money back? (16:06)
The first thing you’re probably thinking about when you graduate from school is what you want to buy. (17:52)
The book is available on Amazon.com. (19:41)
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