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Home»Modern MBA»The Defiant Business of Barbers
Modern MBA

The Defiant Business of Barbers

November 11, 2024
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We wish to thank Henson Shaving for sponsoring this video, and for being courageous sufficient to problem a half-century outdated enterprise mannequin. Go to http://hensonshaving.com/modernmba or use code modernmba to obtain a free shave cream along with your buy of a razor. Simply be sure each the razor and cream are in your cart for the code to take impact. This provide is legitimate with or with out the blades for all times product.

The barber store is a novel trade that personal fairness has been unable to penetrate regardless of investing thousands and thousands yearly for the previous 40 years. Over 80% of barber outlets stay unbiased and chains like SuperCuts have been falling behind. The companies have been unable to search out footing regardless of model recognition, unprecedented scale, and even first-mover benefit. They slash costs and provide loyalty applications however nonetheless can’t match native charges. They renovate and promote however nonetheless can’t pull in high-end clientele. The trade continues to be led by the independents as new upscale ideas coexist alongside the established old-school traditionalists.

On this Trendy MBA Unique, we go from the macro-lens to micro-lens to grasp this enterprise from the chains to the independents. We’ll cowl the rise and fall of Regis – the most important PE-backed owner-and-operator of barber outlets on this planet behind the once-dominant SuperCuts from the 80s to current. Then we’ll dive into 3 independents who work in essentially the most aggressive markets on this planet – the primary is a lone wolf in Silicon Valley, the second is a 20-year grasp in New York Metropolis, and the third is a maverick within the San Francisco Bay Space.

πŸ’ˆ EVERGREEN (Peter Michaels)
https://www.instagram.com/petermichaels_cuts/
964 E Santa Clara St, San Jose, CA 95116

πŸ’ˆ BARBER SHOP NYC (Arthur)
https://www.instagram.com/barbershop.nyc/
https://www.barbershop.nyc/
302 W fiftieth St, New York, NY 10019
660 fifth Ave Decrease Degree, New York, NY 10103

πŸ’ˆ Mysterieux (Rod)
https://www.instagram.com/mysterieux.brand/
https://mysterieuxbrand.com/
28 N Almaden Ave #30, San Jose, CA 95110

β˜•οΈ Help Trendy MBA on Patreon: https://patreon.com/modernmba

πŸ’¬ Be a part of the Trendy MBA neighborhood: https://www.reddit.com/r/modernmba/

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