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

The Defiant Business of Barbers

November 10, 2024



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

The barber store is a singular business that non-public fairness has been unable to penetrate regardless of investing hundreds of thousands yearly for the previous 40 years. Over 80% of barber retailers stay unbiased and chains like SuperCuts have been falling behind. The companies have been unable to seek out footing regardless of model recognition, unprecedented scale, and even first-mover benefit. They slash costs and supply loyalty applications however nonetheless canโ€™t match native charges. They renovate and promote however nonetheless canโ€™t pull in high-end clientele. The business continues to be led by the independents as new upscale ideas coexist alongside the established old-school traditionalists.

On this Trendy MBA Authentic, 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 retailers 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.

๐Ÿ’ˆ EVERGREEN (Peter Michaels)
https://www.instagram.com/petermichaels_cuts/
964 E Santa Clara St, San Jose, CA 95116

๐Ÿ’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 Stage, New York, NY 10103

๐Ÿ’ˆ Mysterieux (Rod)
https://www.instagram.com/mysterieux.brand/
https://mysterieuxbrand.com/
28 N Almaden Ave #30, San Jose, CA 95110

โ˜•๏ธ Help Trendy MBA on Patreon: https://patreon.com/modernmba

๐Ÿ’ฌ Be part of the Trendy MBA group: https://www.reddit.com/r/modernmba/

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