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March 18, 2024
E45: (Best Of) Real Estate for Hairstylists and Salon Owners with Sam Brocato
In this Best Of episode, Sam Brocato joins us to share his remarkable journey from being a high school dropout to building a multi-million dollar salon empire. You’ll learn how real estate was an early key to his financial freedom, how he leveraged...
In this Best Of episode, Sam Brocato joins us to share his remarkable journey from being a high school dropout to building a multi-million dollar salon empire. You’ll learn how real estate was an early key to his financial freedom, how he leveraged mentorship to guide his business decisions, how to generate opportunities from the people who sit in your chair, and many more insights from Sam’s incredible career.
Guest Bio and Links:
Sam Brocato is a renowned hairstylist, businessman, and real estate investor. He built a multi-million dollar hair empire in Louisiana before moving to New York City to open the Sam Bracato salon and his own line, Together Beauty.
Listeners can learn more about Sam at his website https://www.sambrocatosalon.com/ and https://togetherbeauty.com/ and on IG @sambrocato
Resources:
Create a free student account and start learning from The Millionaire Hairstylist: www.MillionaireHairstylistPodcast.com
If it Ain't Broke...Break It!: And Other Unconventional Wisdom for a Changing Business World
Beautiful Business: Retailing for the Hairdresser
Show Notes:
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[0:00] Introduction
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[1:00] Welcome back! Today’s guest is Sam Brocato
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[2:45] Early days - Sam started in the beauty industry his sophomore year in high school
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[5:00] Focusing on real estate investing alongside hairdressing
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[14:00] Question: What made you think in your 20s that you could manage both growing a business and investing in real estate? Especially at a time when investing in real estate was not popular?
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[16:00] Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century (Think and Grow Rich Series)
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[18:00] Sam’s mentors
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[23:00] Transition to New York and expanding horizons
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[30:00] If it Ain't Broke...Break It!: And Other Unconventional Wisdom for a Changing Business World
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[37:00] Developing Together Beauty and pivoting to a consumer-focused model
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[38:00] Know your numbers!
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[40:35] “To me, whether it's 2 percent of 200 million or 2 percent of 2 million is still 2%.”
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[43:45] “Being truly wealthy is being able to not work if you don't want to.”
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[46:00] Sam’s recruiting process or new talent
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[53:00] Sam’s advice on scaling your business
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