In short
Earn Your Leisure Podcast Episode Notes
Episode Title
Barbering to 50 Rents a Month: How Jay Majors Turned Two Barbershops Into a Million-Dollar Empire
Hosts
- Rashad Bilal
- Troy Millings
Guest
- Jay Majors: Entrepreneur, educator, and creator of one of the largest barber expos in the world.
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Episode Overview In this episode, Jay Majors shares his transformative journey from a troubled youth to a successful entrepreneur in the barbering industry. He discusses how barbering became a crucial part of his life, leading to the establishment of a million-dollar empire through strategic business moves, networking, and a deep understanding of real estate.
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Key Topics Discussed
Jay's Personal Journey
- Barbering Saved His Life: Jay’s early life was marked by incarceration and struggles; barbering provided a pathway to redemption.
- Incarceration Experience: He honed his skills during his time in prison, using limited tools creatively.
- Turning Point: Realized the potential of barbering during his last incarceration, leading to a commitment to the craft.
Building a Business
- First Job: Worked in a barbershop after release, quickly understanding the importance of networking.
- Clientele Development: Built relationships with clients from various professions, which in turn opened doors for business opportunities.
- Diversity in Business: Emphasized the significance of having a diverse team of barbers to cater to a wide clientele.
Transition to Real Estate
- From Barber to Business Owner: Transitioned into owning his barbershop after gaining enough clientele.
- Real Estate Strategy: Advocated for barbers to own the property they operate in; financial stability through real estate investments.
- Current Business Model: Operates salon suites, where barbers pay rent for their private spaces, generating multiple streams of income.
Financial Literacy for Barbers
- Wealth Building: Discussed the need for barbers to understand financial planning and wealth management.
- Retirement Funds: Barbers often neglect securing a good retirement plan; emphasized the importance of 401(k)s and IRAs.
- Business Ownership: Encouraged barbers to consider opening LLCs for tax benefits, and the importance of accurate financial reporting.
The Connecticut Barber Expo
- Importance of the Event: Jay's expo is a major platform for barbers to connect, learn, and grow their businesses.
- Educational Focus: The event includes seminars on financial literacy, business strategies, and personal development.
Marketing and Client Acquisition
- Networking and Word of Mouth: Importance of building relationships within the community and utilizing social media for marketing.
- Elevating Clientele: Strategies for attracting high-value clients through networking and community involvement.
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Key Takeaways
- Barbering as a Community Hub: Barbershops serve as vital community spaces for networking and support.
- Real Estate as a Pathway to Wealth: Ownership of property can significantly enhance financial stability for barbers.
- Continuous Education: Barbers must pursue ongoing education in business management and financial planning to succeed long-term.
- The Power of Relationships: Establishing trust and rapport with clients is essential for business growth.
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Quotes
- "Barbering literally saved my life."
- "I believe if you don't own the land, you don't own the barber shop."
- "It's all about relationships; my clients opened doors for me."
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Conclusion Jay Majors exemplifies the potential of barbering beyond just a skill; through determination, strategic networking, and a keen understanding of business and real estate, he has built a successful empire. This episode serves as an inspiration for barbers and entrepreneurs alike, emphasizing the importance of financial literacy and personal development in achieving long-term success.
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Social Media
- Jay Majors: [Instagram](https://www.instagram.com/jay_majors)
- Earn Your Leisure: [Instagram](https://www.instagram.com/earnyourleisure)
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Additional Resources
- Connecticut Barber Expo: [Website](http://www.connecticutbarberexpo.com)
- Squire: [Website](http://www.getsquire.com)
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This markdown file captures the essence of the podcast episode, highlighting major themes, discussions, and valuable insights shared by Jay Majors.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00This is an iHeart Podcast. Guaranteed Human.
0:31a.k.a. neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Run a business and not thinking about podcasting? Think again. More Americans listen to podcasts, then add supported streaming music from Spotify and Pandora. And as the number one podcaster, iHeart's twice as large as the next two combined. Learn how podcasting can help your business. Call 844-844-iHeart. Talking to your kids about the dangers of vaping can be hard. Getting them to listen to hot gossip is easy.
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1:42See all the nominees and place your vote at iHeartPodcastAwards.com. Audible is a proud sponsor of the Audible Audio Pioneer Award. Explore the best selection of audiobooks, podcasts, and originals all in one easy app. Audible. There's more to imagine when you listen. Sign up for a free trial at audible.com. This show contains information subject to, but not limited to personal takes, rumors, not so accurate stats, and plenty more. What's up, man? This your boy, Nell Green, from the Broken Play Podcast. Look, it's the end of the season. The playoffs are here. But guess what? It ain't the end of your season.
2:15You can always tune in with Broken Play Podcast with Nell Green on the Black and Fake Podcast Network. Not a team who ain't going to the playoffs. They're Chiefs. It's time to rebuild. Listen to Broken Play with Navgreen from the Black Effect Podcast Network on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. This episode is brought to you by PNC Bank. A lot of people think podcasts about work are boring. And sure, they definitely can be. But understanding a professional's routine shows us how they achieve their success little by little, day after day. It's like banking with PNC Bank.
2:50It might seem boring to save, plan, and make calculated decisions with your bank, but keeping your money boring is what helps you live a more happily fulfilled life. PNC Bank, brilliantly boring since 1865. Brilliantly boring since 1865 is a service mark of the PNC Financial Service Group, Inc. PNC Bank, National Association, member FDIC. All right, guys, welcome back. EYL, we got a special episode. So we got my guy Jay Majors in the building, better known as the godfather of barbering. Yeah, that's a heavy title. I know. You take that title? You accept that? I mean, I feel weird because there is a lot of my predecessors, but I believe that a lot of the business moves I made for the barbering industry was able to better the barbering industry as a whole.
3:43Not like I'm calling shots like Don Carly. But I believe I embraced it because with my story, with barbering saving my life, I felt like the opportunities that I was given, I want to give to others. So maybe that's why they call me Godfather. A lot of the young bucks, the young barbers getting in come to me for advice and I try to be there for them. A little too accessible sometimes. Yeah, no, it's going to be a dope conversation and it's an important conversation because barbering is something that is huge. Essential. In every community, it's essential. Yeah, during COVID, they deemed as essential workers.
4:18So you have a story not just of like being a barber, but building a real business behind it. Right. You have the largest barbering event in the world. You have a business model of suites that we're going to talk about. You're a consultant. So I guess that's why that title comes into play, not just from barbering skills, but like how you've been able to grow and scale massively from the barbering industry. most people kind of haven't got past the barbering phase. Yeah. But we're going to talk about it. First and foremost, thank you for joining us. Appreciate it. I appreciate it. I'm honored to be here.
4:55I've been watching you guys, especially from COVID when we were all glued to our phones. Watching your growth and what you've been, you know, I believe that people like us are blessed by what we give, the opportunities we give, and the platform that you've given so many people is what made EYL what it is today. I'm honored to be here. Have you watched the development of my beard? Yeah. You guys are always on point. I'm not going to lie. I appreciate that. I appreciate that. So, all right. You have an interesting story how you even got into barbering. You said barbering saved your life. You want to tell that story?
5:26I mean, in and out of institutions and troubles with the law since 14, did my real incarceration away from home, a year sentence at the age of 17. So I spent my 18th birthday incarcerated. And I came from the family. Like my family didn't have much, so they couldn't send me money when I was locked up. So like you do the crime, you do the time. So I made the, I made pretend I was a barber because I was already like doing my own edge ups and stuff because we didn't have money for haircuts like that. I didn't go all the time. And I should have went back to jail for the haircuts I was given. Bro, I was.
6:03Misdemeanor. Hairlines back. I mean. That's dangerous. You ain't getting no trouble. Yeah. I mean, I almost had to fight a couple of times. it was never that that bad but you know definitely like mediocre beginner haircuts but i started getting better because you have nothing but time in there and i had an epiphany on my last incarceration because i was like a repeat offender and i remember ceo was being like you know the nb like you'll be back and um i was like why am i dedicating so much time to being in the streets when i could take this barbering thing really serious because i had a lot of commissary in there i was like the man you got good i got really good how long how long did you get good tortures tort yourself i i personally believe like i still needed more practice with scissors because we weren't allowed to use them in there but i would say like two and a half years into my sentence i was i was cutting here from the second i woke up to the second i went to bed every day all day and it made my time go by faster but it was really an eye opener like i could really do this when i go home what type of equipment did you allow you using it i was using a beard trimmer with a MacGyvered battery packs so we could plug it into the wall because they were battery operated.
7:16And then there's ways like you break a razor open for the edge ups and use coffee for beard dye. I mean, we done did it. Oh, you have beard dye in there? Yeah, coffee. For temporary, they're going to visit. We would use instant coffee for beard dye. So you taught yourself? Pretty much, yeah, self-taught. There was no YouTube and stuff back then. There wasn't like an OG barber in the jail, that kind of? There was. There was a couple, you know, but like basically it was a hustler right like i was i've always been a hustler my whole life i used to sell mixed tapes not mixed cds mixed tapes like diggable planets daz effects like that far back okay we from the same area yeah exactly so i i felt like i was always a hustler but you know when i chose to sell drugs um i would always get incarcerated something always would happen and i was like i'm gonna treat this barbering just like i treated the streets and I'm going to go full throttle with it.
8:07And I never look back. So after you get released, how do you now turn this? You've obviously learned a skill. Yeah. How do you turn this into a business? Are you like renting a chair? Are you going to somebody's shop? So ironically enough, I grew up in a Hartford area of Connecticut and I went about 45 minutes up the highway to New Haven County. And I thought I got a job like in a really nice upscale shop, but I was like right in the hood. just like the hood that I left in Harford. So I was like, damn, like no matter where you go, there you are though. Like I felt as if a lot of my, my friends that I grew up in, number one, they were all dying.
8:44Like I lost four of my real close friends to murders, one motorcycle accident when I was incarcerated, like my, my true friends. And when I came home, my friend's mother was like, you're next. I had a dream that you're going to die next. And I was like, it was, it really hit me because I was really close to him and his mother. And I was like, it even pushed me a little bit more to take this barbering serious. So I relocated to New Haven County in a halfway house. And I started building a lot of clients, but clients, I was fortunate to get clients that were like realtors and loan officers at banks, because I knew how to use shears at the time, like scissors.
9:21And I was building these clientele. And rather than talking about the game, like the LeBron game or like nowadays Diddy's a big topic, right? Like rather talk about bullshit in the barber shop, excuse my language. Um, I would talk about like, how do I get my credit score up? How can I get a loan for my first property? I would speak to these clients about that and, uh, they built me up. So like, I'm not self-made is my clients have sat in my chair that opened so many doors for me. Yeah. We only say the barber is like a therapist for people. And And it's a relationship that people have once a week, an hour.
9:57They sit down. And yeah, like you said, it's a great networking opportunity. A hundred percent. Like before the internet, there was the barbershop. So like people, yo, where do I get my windows tinted? Where can I, you know, where can I do this? And we were networking for so many years without even knowing it. You know, like every, you know, back in the days, if you need to hear something, you would hear in the barbershop, especially in the hood where I was. You guys are very unique people. It's like the one person that you, at some point in your life, are going to trust more than yourself. Like some people won't even touch their own hair or their own beard because they are in fear they're going to mess it up.
10:36They only will allow their barber to do that. How did, obviously you get these clients, but the most important thing is the trust, right? Because like that's what keeps us coming back. How did you build that up? I don't even think it's like I think a lot of barbers unfortunately in 2025 are lacking customer service they're doing it for the money I never did this for the money I did this for the passion and like I got to know these people that became my friends like one guy was Joe the plumber another guy was Frank the electrician and I and I would put them on my phone underneath that because I know one day I'm gonna need a plumber one day I'm gonna need an electrician if I want to open my own business so I built bonds and I would support their business just like they support mine my plumber has been my plumber for 22 years now i just bought three airbnbs and he's as we speak he is doing a plumbing cap off on all three of my properties to winterize them like right now while we're in this podcast so for so these are really i support those that support me i'm at four generations uh father grandfather great grandson like grandfather four generations because i've been open 21 years now and people are having kids young so you know to me it's like it's all about the community so you start off you're working in a barbershop correct when do you scale to own a barbershop so i at this point i was working in a barbershop i had like a little clothing business like white when white tees were big i was wearing them 5x white tees you know i was selling tees and stuff and there was an older gentleman who was a real estate developer and he took a liking to me and he was like bro i gotta get you out of this neighborhood because the neighbor was getting really bad it was really bad a lot of a lot of drugs um dangerous and he's like i'm opening a strip mall in west haven connecticut i'll help you with the fill up it's a manila envelope i'm like what's a manila envelope what's a fit up like i'm from the streets like i didn't know these things and he goes um just you pick which spot you want i'll give you like three four months rent free and i'll help pay for your electrical and stuff which was a big which was a big opportunity because electricians are very expensive and i opened my first shop but i chose a 1400 square foot spot and that's a big barber shop so but if you build it they will grow like one of my mentors said you rather grow into your barber shop than out of your barber shop so i went from a 12 chair shop i only had three barbers my fourth barber had to buy his own chair in order to work for me and i took it out of his rent because i ran out of money on the build up from from 12 chairs with the 13 and 14.
13:10Then the business next store was a pet store, went out of business. And then it was a 22 chair shop operating. But the beauty about my shop, it was like the United Nations. I had West Indian barbers. I had Latinos, you know, all different types of Latinos, white, Asian. So like anyone could come to my barber shop and get a haircut. And to me, the diversity was important. You know, we had black barbers and like some people at that time and be like, I only want to go to, he looks like me. Okay, he cuts my hair. Like women barbers weren't even getting in love 20 years ago. Now they're getting, now they're killing it in the industry.
13:46So yeah, like for real, like I had a woman barber and I felt so bad and she was nice. She came straight from DR and people really didn't want to sit with her until they seen her haircuts. So, you know, I believe like diversity is key. I think at the barbershop is like, should be common grounds for people just to feel comfortable. Yeah, did you, you saw that early on in the landscape? I feel like, you know, you grow up, it was like, oh, there was super cuts. Nobody's going there. And it was like, oh, yeah, we got to go to the local barbershop. But to unify it all, I mean, it's a brilliant technique.
14:16I see it now more than ever. Like the guy who does my beard, he's Colombian. But, I mean, everybody goes into the shop. And even Ab, like you said, his barber was a woman. So, like, that diversity. You saw that, how the game was going before it? Or you just like, you know what, we've got to adapt here. I mean, I feel like I'm just such a businessman that I want everyone's money. You know what I mean? Like there's always been a stereotype type where like a black gentleman will come into the shop and be like, y 'all cut black hair? Or a white person will come into the shop and be like, you do this type of hair?
14:51Like it was like, it was a stereotype. And I feel as if like with the clippers nowadays being cordless, with our tools that we have, you know, I think the kids in school nowadays are learning all different types of hair textures. and um i i believe the game has definitely it has elevated a lot barbers are getting i'm sure you're paying a lot more for your beard than what you paid what 10 years ago right yeah yeah i mean and but unfortunately historically barbers were getting the same for haircuts from the 90s all the way to about 2010 2015 2020 they did they were scared to go up on their prices so what changed that because now i mean we're in like a hundred there was a big debate online a hundred dollar haircut uh i think katsunat said he would never pay a hundred dollars for a haircut but i mean you got people that is paying two hundred dollars three hundred dollars a thousand who started that atlanta i mean i don't i i really look at it like this man how much is an hour worth of your time how much is an hour worth of your time like are you paying for the haircut are you paying for the professionalism the time management that that person has like i know when i call my barber he's gonna be on time to cut my hair i'm a very busy man i rather pay extra to get in and out of his chair than to be sitting in the barbershop bsing with a bunch of people or you know 40 minutes late for an appointment with possibly some dirty clippers you know i feel as if there's different calibers right like some people shop at louis and sacks and some people are cool with target so I really depend now also on the flip side there's a lot of barbers are charged a hundred dollars for haircuts that don't have the credentials that don't have the professionalism and the punctuality if that's what they think they're worth they might be doing less haircuts and getting paid that but I don't think they're fully booked talk about I mean you just brought up a pain point I felt like for the barbershop industry we grew up in an era where it was Saturday you're going to get a cut you go in there it's nine o 'clock you might be in there until four before you get your cut.
16:57Easy. Technology has definitely changed that. I mean, to me, that would help increase profit margins, right? Now you can have it scheduled and put more people on that regimen and schedule than how it used to be. Talk about the role that technology has played in the space. I mean, yeah, and especially, you know, big shout-outs to Squire for only focusing on the barber, you know, aspect. Like, they could do salons and many nail salons, but they mainly focus on barbering. I feel like everyone's in a rush nowadays, especially after COVID. Everything's at the palm of our hands, instant gratification's at the palm of our hands.
17:35I miss the days when my fun clients would be in the barbershop for three, four hours. You always know you got the barbershop clown. You got the dude that's coming in with the bootleg CDs. I miss those days. Unfortunately, they have changed. And a lot of people are sensitive. In the barbershop, you had to have thick skin. And I remember like wanting to go home crying because me and one of my barbers would be ranking on each other so bad or you did a bad haircut. But I feel like society, you know, unfortunately, is getting a little soft. You know, people can't take certain, you know, oh, you're bullying him.
18:08No, we're just catching wreck in a barbershop. That's what we do. So I feel like, unfortunately, the environment changes. That's kind of why. And I know we'll speak about this a little bit later. I shifted to the suites because I feel like with that intimate relationship that we have with our clients, getting them in and out, that they just really want to be focused on themselves if they're paying top dollar for haircuts. Well, yeah. Talk about that as far as the suites, because at one point you transitioned from a regular traditional barbershop model to the suites. So explain your model with the suites and what made you transition into that?
18:41So I'm controversial. Like some people don't agree with me. I don't believe you own the barbershop unless you own the building. You own the name. You own the sign. You might own the chairs. But if you have a landlord, and a lot of these landlords pocket watch, and unfortunately, a lot of barbers don't have a real big education. They don't even get an attorney to look at their lease. They're so excited to open their business that they'll sign like a three-year lease. And what happens is it takes about 18 months to really grow your brand and get your money back from your business, even just to break even, right?
19:14and I've seen landlords pocket watch people and be like oh man this car is going in and out this lot this barbershop's busy so we're going to go from three thousand dollars a month to forty five hundred dollars a month now this barber just started making money and now they have to go up on their haircuts they have to hire more people or they might have to move out and find a cheaper location once their lease is up so I've I've told this and people argue with me like you might own the brand, you might own the name, but unless you own the land, unless you own the property and a lot of a barbershop nowadays, a fit ups about$80 ,000.
19:47Are you really want to put$80 ,000 into someone else's business, someone else's building and then pay their mortgage on top of it and pay the common area charges, which sometimes aren't even met to good standards. Sometimes they don't plow the snow in time. So I, once I had that 22 chair shop and I saved up enough money, I was like, my rent is a mortgage. I need to find the building. So that was why I transitioned into the suite. And what was that? What was that first step to find a building and do that? So, you know, obviously, like you talk about here, building your credit, right? Building your LLC's credit.
20:23Also, my first step was getting with one of my realtor clients saying, hey, can you find me something off market? And coincidentally, right before COVID-19, at the end of 2019, I found a building which had eight apartments upstairs. and it had a dental office downstairs. So when I did a walkthrough with my contractor, he's like, all right, we got to rip all these walls down. We're going to put 20 chairs here. I'm like, wait a second. They're talking about social distancing right now. There's hand sinks and dental sinks in every room. I could turn one sink into a hand sink, one sink into a shampoo sink, and the barbers could all have private rooms to cut hair, which the salon suites have been around for a while, but not in our industry 100 % for barbering.
21:07So what I did was I came up with this location and it's like micro real estate. If you're getting$325 a week, you're getting about$1 ,300 a month for a 10 by 10 room. You put 20 10 by 10 rooms in a 4 ,000 square foot space. You do the math. And then you could do like a two man suite where two barbers that are friends. Let's say you guys want to go on an endeavor together. You get a little break on a rent, but you guys could work together because you've been so used to working together. and I'm on my second location now and it's been an amazing journey for that. That's an interesting model. We heard about that in the salon space where they get sweets.
21:42It's like, they're going to do hair here, there's nails there, there's an esthetician there and it makes a lot of sense. You said something important. You said it takes about 18 months to build your brand in this space. I mean, because it can be tough. How do you market yourself? Because I feel like you're coming from an era where it was hearsay. It was like, yo, he's nice with the lineups. Yo, he can tape it. You're fake crazy. you should go check them out. Now it's like, once you get your barber, it's gonna be tough to move from that barber, right? So how do you market your brand in this era?
22:11Well, due to me doing the Connecticut Barber Expo, being an educator, being a consultant, having a decent following on Instagram, people tend to gravitate towards you that want to do what you're doing. And to me, that's always, like, keeping my word has always been a big thing for me. Like, my word is my bond and I stand by that. And I believe that when you do that in business, people have no choice but to respect it. We always have our haters, right? Like, unfortunately, people we grew up with can't handle our success. I'm sure you guys might be going through it. That's a whole other podcast, right?
22:47But I feel as if, you know, the way I've always held it down is like I've been giving so many people the opportunity. I can't even tell you, just coming up on my 20-year anniversary in January, and we're going to do a reunion of everyone that's opened their own barbershop because I have thousands of men and women that are able to open their own brand just because they worked underneath my umbrella at one point. To me, that's extremely gratifying. And I think that's where the blessings come. So let's go back to the salon suite to really break it down. So you brought the building. You have eight apartments.
23:22There's eight apartments upstairs, correct. Three barbers currently live upstairs, so they just come right downstairs to work. okay so it's eight apartment real estate play that you're renting out apartments on the bottom level there's how many chairs 24 24 chairs but they they cornered off to each like it's like a you you have your own space yeah maybe if when we edit this i can give you some b-roll okay for it but so basically both of my locations have a four chair barbershop in the front because i don't want to really lose the barbershop culture i'm trying to hold on to it the most i can right so i have a four-chair barbershop i own a barber school once a student graduates the school is in the building no it's it's another location all right so once the school once they graduate and i feel that they're good enough to work for me i will put them in a four-chair barbershop at a cheaper rate than a than a suite once they build up enough clientele and they're like jay i'm ready someone just moved out into a suite and open their own business because that's usually what happens they start off in a shop, go to a suite, and then open their own barbershop.
24:29I'll move that student into a suite and I'll just keep recycling it. So it's like a 360 rotation deal that I have. Train them, job place them, get them in a suite, then send them on to open their own business. And we provide accountants and everything for them to do that. And so the suite is like, you get to call it whatever you want to call it. But technically you have your own barbershop in that suite. Correct. So they could put their own stickers as long as they match the aesthetic. And yeah, anything they do in a room, they pretty much could do on their own as long as they give me the room back.
25:02So I have two options. You could get a manila envelope, which is just an empty room. You could paint it. We have TV plugs. You know, we have wires ran. So you could design it yourself or my design team could design it and they could also lease the furniture from me. So I buy containers of barber chairs from Turkey and I buy certain, you know, toolboxes. So if you, let's just say you came and you work for me and you're like, Jay, I don't know how to do any of this construction stuff. I'll get you quotes. Like my guy's going to charge you this to paint it. And then you could finance the chair from me.
25:33I'm buying the chairs wholesale. So I also get to make money off the furniture as well. Wow. Equipment as well. Or they bring the other equipment. No, like if you wanted to, if you're like, Jay, I like that black and gold chair and I like that station. I'd be like, all right, well, you know, we'll add it to your lease and you could pay me like$100 a week towards the chair until it's paid off. So they can also finance furniture from me. And they pay you a set price, anything over and above that they keep. Correct. You don't get a percentage of the haircuts. I have some barbers that make, no, nothing.
26:04I mean, you know, and to me, some people are like, oh, go percentage, you make more money. It's also babysitting, you know? Like by them having their own online booking, they have the, it's called the Squire Flex app. By them having their own online booking, they manage everything. and what happens is they come and they paint it. They hang a TV. They give it their own personality and you have a longer lasting renter or slash barber, employee, whatever you want to call it. They're with you forever because it's their own personal space. So you got 24 rents coming in. Yeah. 24 rents and eight apartment rents.
26:35Correct. Every month. Every month. And that one location. Then I have another one with two apartments upstairs and 24, same 24 as well. and the beauty is so you got like 50 rents coming in correct every for two buildings for two buildings yeah and the chairs right you said for well the suites you said is 325 two man suites are 500 or 525 depending if they have a shampoo bowl in the suite yeah and then it's 300 to 325 a week depending on what a week okay a week gotcha weekly and then the uh the we even like have it to a science like every suite has to use different color towels because there's a washer and dryer in house and when i first opened everyone was fighting like those are my towels these are my towels so there's a little sticker on the window for what color towel they use and then i give them a link to order the towels like i kind of have everything to a science how much did the building call this my first building i bought two buildings uh the one with the apartments upstairs i had to knocked down the house next door for parking the house was pretty beat down but i kept it as a lot i kept it subdivided so if i ever wanted to build on it i can that one i paid 790 for two buildings for two buildings two buildings yeah you turned a lot into a parking parking a parking lot yeah and i even have ev um charging for the spaces for the spaces as well to make money off of that and then the second location i got for 590 it's uh it's got two two-bedroom apartments upstairs and then the suite.
28:05It was actually a Chinese restaurant. So all together, you pay like$1.2 million. Yeah. And you're getting 50 rents every single month. Yeah. Because those rents are like apartment rent. More. I mean, there's no way. Yeah. I mean, there's no way you're going to rent out a 4 ,000 square foot business in the state of Connecticut. I mean, I would think maybe on the high side, I get$3 ,500 a month on just one of mine. I mean, if I'm lucky. Yeah. and you're going to get$1 ,200 a suite. Yeah. And then the chairs that get rented. Yes. Maybe charging for parking. That's a good model, man. That's amazing.
28:44That's a nice hit right there. I mean, it makes sense, though, because, you know, it's that level of exclusivity, right, where you feel like, I don't necessarily want to be in a waiting room with 37 people that I don't know and have to deal with these people lying and stuff like that. So it's like the barber has their own little... And then that real estate play is perfect too. I mean, a guy like you goes in the barbershop in Queens on a Saturday. Yeah. Yo, I need some advice. Should I do LLC or S Corp? Like, we can't go anywhere without... So, like, the door's closed, the shade's down, whatever music you choose.
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29:20100%. I mean, to me, it's a beautiful thing. Some people, I don't recommend it. It's not for the week. If you don't have a lot of clients... Because you gotta have... It's gotta be a point... You gotta have clients. It's appointment-based. Yeah. I mean, it is a... Believe it or not, thank god my suites we can do walk-ins okay like you have a waiting room area we have a waiting room area with a tv and have a directory of who's in what suite it's like the dentist yeah i mean i kept it you know with kind of the who gave you that idea to do this i mean i've heard of it like jc suite's been doing it for years solo suites i just honestly covid was like the gift and the curse right because to me i feel like covert covid gave a lot of separation to people you know Democrat, Republican, or what people's beliefs are.
30:05But, you know, it gave us time to sit down and think. You know, I was like, I was, you know, in the house with the family, and I feel that no one really gave me the idea, but I kind of, so my suites are called Major Luxury Suites, right? My abbreviation is MLS. What does MLS stand for? Major Luxury Suites? No. MLS? Major League Soccer? No, that is the real estate listings. So one of you are on your real estate. There you go. So I'm on a McDonald's. MLS number. MLS numbers. Yeah. So basically for the real estate listings, my MLS motto is to own a building. So if I ever franchise it out, that would be my thing.
30:47Like I don't want to own a building. You could do what you want to do. That's what McDonald's does, right? They don't sell burgers. They sell real estate. And you always have apartments in it? That's your motto? That tries to be my motto. because like to me the apartments pay the mortgage everything else is profit you know you know there's a shorting houses everywhere especially in connecticut how long did it take you to get that level of structure because that's not so i mean i when you grow up you never think of the barber as the entrepreneur but this is the first entrepreneur most people probably ever meet is the person that is cutting their hair how long did it take you to get to that point of structure to have what you're running now i mean like i started that on the street like you know what i mean like those are the first entrepreneur entrepreneurs like even when i was selling mixtapes i would go to canal street right where we are and buy the mixtapes from amadou i don't i want to he's probably out the game i'm gonna do been here forever you're a legend dollar mixtapes we all know i'm gonna do yeah i'm gonna do uh buy dollar mixtapes and sell them for five life in Connecticut, you know?
31:53So, you know what, man? Like, I always say this, I'm here for a reason. I've been through so much. I've been incarcerated. People tried taking my life when I was younger. I lived a really rough life. I chose it. I didn't have to do that. You know, like I didn't come from a very, we didn't have money. Like I, like, it was like, there was food in the house, but I chose the streets for whatever reason that was, you know, that that's what attracted me so you know i kind of feel as if like i've always been a hustler adding the structure came as time by my mentors by the people that sat in my chair like i said for 35 minutes i'm gonna pick your brain on how to better myself as a businessman rather than to talk about sports or who's better biggie jay-z or not like it's really sad the conversations that go like a lot of barbers stay stagnant because they're in the shop 60 hours a week and there's not a lot of good information coming in there it's all controversy it's all and you know i i wanted to change the narrative like i didn't let a lot of that stuff go on in my shop a lot of people didn't want to work for me because of that like we're not playing music with swears in it we're not you know like i don't want to talk about that street stuff we got shot we got indicted like you could talk about that on your break but i didn't want my place to be an atmosphere for breeding that type of negativity shout out to all the barbers that's playing earn your leisure that I've been into several.
33:14A lot. It's a fact. A lot. Am I the first barber that's been on here? No, we had a few. We had Wade. You know Wade? Wade was my guy. Yeah, with the hair pieces. Yeah, Wade's my guy. Yeah, but so, all right. So you got this rocking and rolling as far as the salon suites. Then you have the biggest event in the world. Yeah. So when do you have the idea to actually have an in-person event? And how do you scale that to where it is now? How many people come to that event? That 10 ,800 last year was my biggest attendance that we counted. Like, you know, sometimes people, that's including vendors. So I was cutting a lot of celebrities, a lot of Latin artists as well.
33:58I was doing, and I partnered in a nightclub, which was the worst mistake I've ever made. In Connecticut? Yeah, in Connecticut. I partnered in a nightclub. I invested in a nightclub that lasts about a year and a half. for some reason Connecticut men rather fight than spend time with women in a nightclub no I mean no I mean I'm from Connecticut but just it's just they fight like every night and my attorney goes you got so Major League Barbershop was sponsoring these nightclub events because the promoters were getting haircuts at my shop and the club owner came to me and said bro you're bringing more people to my club than the promoters why don't you just keep the door and I'll keep and I'll keep the bar so I started doing that and then eventually I bought a club and I was cutting a lot of artists and I would book them because I was cutting them they would give me better prices I was cutting their management and they'd be like hey we're going to be in Boston tonight you have a you have a venue and I will book like a lot of Latin artists I actually I worked with 50 cent for like a year and a half when he lived in Connecticut I did two boxing events with him and I started learning the organization of events so I by accident I was like let's do there's a lot of controversy about who could cut hair better.
35:07So I did a barber battle called Your Barber's Favorite Barber in a nightclub. It was$20 to get in and you could compete for free. And my first sponsor was$50. Everyone said, who's going to come to Connecticut? No one's going to fly to Connecticut. It's hard to get in and out of. And I'm like, watch, I'm going to make it happen. Ernest, what's up? You ever walk into a small business and everything just works? Like the checkout is fast, the receipts are digital, tipping is a breeze, and you're out the door before the line even builds. Odds are they're using Square. We love supporting businesses that run on Square because it just feels seamless, whether it's a local coffee shop, a vendor at a pop-up market, or even one of our merch partners.
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36:29If you're a business owner or even just thinking about launching something soon, Square is hands down one of the best tools out there to help you start, run and grow. It's not just about payments. It's about giving you time back so you can focus on what matters most. Ready to see how Square can transform your business? Visit square.com backslash go backslash E-Y-L to learn more. That's square.com backslash go backslash E-Y-L. Don't wait. Don't hesitate. Let Square handle the back end so you can keep pushing your vision forward. I had a lot of Connecticut support in the beginning. As the show started building, I was losing that support because, you know, that's saying they want to see people, you know, want to see you do good but not better than them.
37:14I feel like people don't want to see you do good nowadays. And I have more people in Dallas, Texas in 2022 on my show than Connecticut, statistically, ticket-wise. And so I started a nightclub. I did it two years in a nightclub the health the fire department shut us down to capacity then I moved to oak Toyota Oakdale theater did three years there then I brought it to my hometown in Harford I did it for about four years there I got the key to the city I got the proclamation for the mayor for bringing so much tourism to the state of Connecticut and I was fortunate enough to get into Mohegan Sun nightclub that was actually a a 50 play because someone that 50 does bookings with put me on with the casino and I've been there ever since.
37:59It's a beautiful, that's a beautiful, was that your first time? Yeah, my first time, yeah. That's a beautiful thing. I appreciate it, man. I was happy to be there. So, but how did you scale it, though? Like, how did you get to the point where this is the premier event? So I will, I had to put a lot of money into it. Like, so, I felt as if barbers, when we'd go to an international hair show, because we were urban, quote unquote, where they were tattooed up, they would kind of put us like by the bathroom. They'd be like, oh, you guys get a little stage over here. We'll keep you away from the big brands.
38:31And I felt offended by that. So what I did was I took a lot of the smaller brands. I just scaled it by building. I would go shop to this day. I would go shop to shop, school to school. And like I go to speak to students around the nation. I start in Maine and I drive all the way to Connecticut and I start in Philadelphia and I drive and I do three schools a day. and I kind of tell my story how I went from absolutely nothing to homelessness to the entrepreneur I am today. So I think it's a lot of groundwork because at that time, barbers didn't even have credit cards. They would have to buy tickets cash.
39:08I would have barbers drive from Queens and meet me off the highway because they couldn't buy a ticket online. They didn't have a credit card. That's how primitive our industry was in 2008. They didn't accept credit card. They just accepted all cash. all cash and like cash is not even king anymore you know it really isn't so it just you know what man like it was organic it just kept growing um i'm not a very religious person but i'm spiritual like god has like this is god like this is not me i'm not i'm not this powerful to bring 10 000 people to the middle of my state but i i think that what happened was the energy in that room and the doors that were opening from everyone that was attending they would go back and say bro you need to go to this show i just got a sponsorship with a clipper company bro you need to go to this show i just found a place to furnish the barbershop you need to go to this show i met so and so so and so and i'm possibly going to do a collaboration on social media so i think it was more what was happening in the rooms that made it big yeah i think as the average person is listening it's probably like what happens at the show i remember hearing about trade shows but you hear about them it was always like for salons and hairstylists when you hear about barbershop are those the type of things we're looking for new equipment we're looking for potential partnerships is there new techniques like what what are we bringing each year in and it's tough because we when we do an event it's like how do you top last year what can you do that's innovative this year like what's that process for you it's it's the same thing you know i want to grow every year yes you can learn about haircuts to me like a lot of these barbers go they already know how to cut hair good there's some beginners that might want to learn here the reason why i wanted earn your leisure at my show is I feel like barbers as a whole make a lot of cash, but retire broke.
40:52I've seen barbers that have Rolexes that have a GoFundMe because they got into a car accident. I've seen barbers that can't afford to pay for their own burial. They can't, they can't even pay for their own funeral, an$8 ,000 funeral, but they're popping bottles every weekend. It was money coming in, but it was going out just as fast as it was coming in. So at my education seminars, I've been focusing more on building wealth, 401k, Roth IRAs, SEP IRAs, putting your children on payroll. I mean, so many different things that I feel like the barbers, they don't teach you that in barber school. Number one, they don't teach you that in barber school.
41:32And if you're not speaking to the right people sitting in your chair, or if you're not attracting the right people to your chair, how are you going to learn this stuff? Majority of barbers get their barber license and never go back to school a day of their life. So, you know, you can come to my show. There's a huge competition. I always have entertainment, after party, pre-parties. We also do a big award ceremony, giving back to people that cut the homeless, giving back to people that do things for the community. So it is definitely a community-based event. But to me, my most important thing is the reason why I invited you guys and other speakers in the past, whether it's men's mental health or it's about finding like investing your money i believe if we don't have a good retirement plan as a barber then real estate should be the way to go they're not building more land you know and then even um yeah the barber financial planning aspect of it the last event that i spoke about the own occupation um disability insurance that was something that just came to me because i i used to be a financial advisor and like dentist you know they can get insurance on their hands because like if they get carpal tunnel syndrome then they're no longer able to perform dentistry but they could still teach yeah they could still make money so you can get uh insurance policy disability insurance policy for just one particular thing and for a barber that's the same thing that's their hands right like that's that's vitally important so even for them to to know that like you said for them to set up their ira because there's nobody that's doing it for them.
43:04No. Right? It's like even health insurance. Yeah. And it's another thing too is that, what's your thoughts on this? Because most people get paid in cash or some form of cash. Correct. So like when your taxes come, right? Like you might not have that full amount of money. Then you try to buy real estate and then they see, oh, you made$10 ,000 for the year. Like how are we going to qualify you for a million dollar mortgage? Yeah. So what's your thoughts on that? How was you able to like navigate that as far as like making sure you're keeping a record, make sure you're paying enough taxes so you can get a mortgage?
43:38So I strongly recommend like if you're a barber renting a chair and Rashad's a barber. So I would get like Rashad Barber LLC and I would set up a business account with a local bank and anything you buy with that debt. See, the big problem is barbers buy a lot of supplies, neck strips, talc powder, brushes. They don't even write them off. So those are business expenses. So I recommend getting an LLC and I want to be that LLC guy on a podcast. We hear that all the time, but it's important for barbers to understand this. You get that LLC, you get that business credit card. And honestly, unless you're paying$60 ,000 a year nowadays, at least claiming like 60 ,000 a year, banks don't even look at you to buy a property.
44:20but what the key is and it was an old italian guy who owned a lot of real estate and i would cut his hair and he barely had hair to cut and he goes your first home should always be a multi-family no matter what because he says a home is your worst liability you think it's an asset right yeah 100 so he goes so i bought my first home i went to go buy a single family they didn't approve me for 149 000 i did not get approved so i was he's like you gotta pay more tax i had an s5 50 like hustling backwards here you know what i mean so um i bought a two-family house i built an addition on it i got a 203k loan where i could put 50 000 of that construction paid some of my contractors cash or whatever it was but you know that house i still own to this day i'm i'm it i owe like 60 000 on that house and that house right there is bringing in like 4 200 a month Then my mortgage is$1 ,100 with tax and insurance.
45:20So I moved out of that house. I bought another house, rented that house. Then I bought, like, not my dream house, but a very comfortable house for my family with a really good school system. And then I just, see, I don't know. I'm a little different. I'm not the refinance guy. I don't like being in debt. So I'll hold the equity. And with the money that I earn from everything, every show, I try buying a new property. so for my profits of every expo i buy another piece of real estate because i don't think the expos are going to go forever um that's just my personal i feel like the younger generation of barbers don't believe in the power of shaking hands and networking they're like oh can you stream in it or can i see it on youtube yeah so i don't know how much long longer of a run i don't want to put that out there like you know i hope and pray that i can keep going because i know it's helping so many people but if that doesn't go i'm gonna find another way and i think that's the key to being a true entrepreneur.
46:13Like you're always going to find a way to earn. It's crazy. As you said that, it made me think this new generation, it ties into a statement you made earlier about attracting the right clients. Is there a formula to it? Because when you think about it, if you have the same people coming in and the conversation isn't elevating, those same people are going to keep coming in because they're your clients. How do you get a new base? Is it social media? Like how does one get that if they're like in this space right now? I mean, Google reviews are great, you know, integrating Google reviews. Word of mouth is to me, like we go back to a biblical, I mean, there's been drawings in Egyptian chambers of people getting haircuts.
46:53So like we are one of the oldest professions in the world, and I think people try complicating it. I think just giving out a business card or, you know, or, you know, trying to, during the holidays is the best time to build clients because it's like when people go to a regular barber, regular barber is so overbooked. if you don't get there in time. So during the holidays, I tell my barbers, like when these people are walking in, they're coming from all foreign barbershops. Like if you win them over, you probably could have a new client because people get offended when they can't get a holiday haircut.
47:25So when it comes to like getting a more high-end clientele, where are you looking for your clientele? Are you looking for the guys that are popping bottles? You know, are you looking for, I mean, you might have to go to a chamber of commerce meeting and bring your business cards and meet with a realtor or meet with a firm or meet with loan officers. Like, show me who you walk with, I tell you who you are, right? And there's been a time where, like, my circle has changed so much. And unfortunately, there's some of, like, my real good friends that they're still up to the same BS. I was up two years ago, and I kind of had to separate myself from them.
48:00You know, it's a growing pain, right, because I love them, but I can't be around that in the position that I am in the community today. so you just got to go out there and just i guess put yourself in different places you know instead of being in a hood hookah spot you might need to be in a upscale you know steakhouse and rubbing shoulders with them people you know so tell about your consulting business when that started how's that yeah that started man it's been going on about 12 years now people were amazed that i could get people to fly to the middle of Connecticut. And it started off consulting other smaller barber shows.
48:38I was one of the first shows that were getting big paychecks from corporate sponsors because of the numbers that I was doing and the activations. I was getting very creative with activations, as you saw at the show, how we have cool little activations. And being a barber for so many years and being successful and having worked with some of the biggest artists in the industry, I was able to sell myself. I have my own pitch deck and I just would send it to people. And I've gotten publications, Yahoo Finance, and say, hey, like I am a barber originally, but I'm a barber entrepreneur. So by me having business savvy and the savvy of an actual creative barber, I was able to say, well, if you have a product line, I could help you pump it because I know what barbers are looking for.
49:24But you're going to have to pay for it. So I do that. One of my biggest clients in the world is um conair corporation they're a 50 billion dollar annual industry in the in the hair world you know the conair blowjob yeah yeah yeah and they have like babyless and they have different derivatives that's theirs baby this is their own babyless as well they own cuisinart kitchen equipment i mean they own a lot of everything they're one of my biggest clients uh they've actually helped elevate me so much because when you work with companies like this you get on big platforms in the hair industry and the more magazines i made it to or the more podcasts I made it to, it was able to grow my brand.
50:02And, you know, the consulting things, it's good if you have the right people because there's nothing worse than giving someone advice and they don't take it. You got to deal with that. Like sometimes you feel like you're dropping some gems and they just do the opposite. Or do nothing. Yeah, or do nothing. Yeah, I'd rather them try than do nothing. But, yeah. Yeah. no i i it was i was thinking like to myself how do you choose the brands that you actually say all right these align with me like conair obviously that makes sense and this makes sense there's a lot of brands in this space how do you decide all right they're aligned with what i'm trying to do with my vision so a lot of them choose you right and i've interviewed brands if they don't meet um like my morals like and what i stay i've turned down a lot of money not all money is good money, right?
50:50If they have a good mission statement and they're good to people, I'll work with anybody. And that's why I started working with Squire in 2019. I got hired in 2019 and then shortly after the world shut down for COVID. And I said, I will get with you guys, but there's a couple of things I want you to do. And I think it would be great for our industry. And they said we were already going to do that. we waived all of our monthly fees for uh membership like instead of just keeping it like gym memberships didn't do that uh we also sent pallets of rubber gloves hand sanitizer barberside bleach cleaning equipment so people could reopen their barber shops once i saw that david song did that for the industry i knew and at this point there was some glitches with our software like with our with our app that i didn't believe in because people were complaining about it and now obviously it's amazing it's what to you know and i'm not saying because i work for them but we thought of everything now we have the squire ai that you you saw at the show i realized that when dave and song were willing to give back to our community like there was one company they just got with squire two months before and we send them like fourteen hundred dollars worth of stuff We never even made money with them yet.
52:09So like, to me, they aligned on my principles. And, you know, I feel like the barbering industry was so underserved in so many different areas as far as the resources we were given in school. And then the resources we were looked at, like, I remember people telling me, damn, you're just going to be a barber. Like, is this going to be like a little thing you're going to do for now? We weren't really respected, you know, I mean, due to some of the practices that were going on in barbershops. But you also, you know, did the seven stream thing, right? Like you had the multiple, I talked about that at the expo too.
52:41Like you got it. You can't just cut here and think that's going to be a pathway to success. Like you got to, you've, you found a lot of different avenues to make money off of your expertise of being a barber. 100%. And I think, and I'm no different than anybody. You know what I mean? Like, I think we all could do it. But you got to, you got to stop that barbershop mentality. I'm no longer behind the chair. Cause what would happen is I, at this point, in 2011, I was getting 50 or$60 a haircut, which was good money back then. But I would also neglect the$30 ,000 sponsorship phone call while I'm doing a$50 haircut.
53:18So I'm like, damn, I just missed a call from Gillette because I'm shaving this dude. And I didn't believe in answering the phone because that's not professional while you're servicing a client. But you ever hear that saying you can't trip over quarters to pick up pennies and what happened was i was cutting so much hair and i wasn't making enough as i was getting from consulting and from sponsorship deals that i had to slowly but surely get rid of all my clientele and that that's when i converted over to being a full-time consultant and entrepreneur like real like the business side of barbering so you're not cutting no i haven't managed every now and i got two sons i cut their here, if it's an emergency, if my plumber needs a haircut, like, because I always got plumbing issues for some reason.
54:04When you own a lot of real estate, there's always something with a frozen pipe. Someone flushed a Barbie doll down a toilet. So how many properties do you own? Right now I own one, two, three, four, 11, 11 properties. All in Connecticut? Yes, all in Connecticut. So, yeah. For now. For now. You want to scale that to more? You know, so like maybe. So here's the thing. Like the more roofs, the more leaks, right? I always want to scale it, right? Because obviously I use real estate as a depreciation tax. And now with the new law that's been passed with the short-term rental, I believe, you know, being able to write off 100.
54:49It's not as easy. It's not a loophole. but it is a tax advantage break um i do want to scale it but like at my own pace i feel as if like i bought you know you you talk about earn your leisure i've earned my leisure you know like i could like i could leave here right now and go to dubai and go shopping when i get i could do what i want when i want there's no obligations and to me that's priceless the more roofs the more leaks uh these everything i got going on is cool it looks good on paper but there's always something like the biggest problem i have with the suites is the air conditioning one suite's too cold one suite's too hot the one that's facing the windows hot all the time so it's like there's nothing perfect right and when you're making money nothing's just i haven't met too many uh types of businesses that everything's smooth sailing so yeah i want to scale but i want to scale at my own pace you know right now um it's about my children like i got an 18 year old and a 14 year old and and you know when my father died he left me with a funeral and a car payment you know so it's like i don't want i i believe i'm the first millionaire in my family and i just want to break that like that generational not generational curse but i just want to break i want to break that i want my kids kids to be good so you mentioned dubai i wonder does the the teaching expand internationally i know you did some work in ireland russia portugal chile like is that part of the plan or is that already in place yeah so the the issue is with the other countries like to be very transparent there's not a big bag there for sponsorship dollars because they don't do a lot of revenue like in the in the third world countries or like a less developed country they'll buy a hundred dollar clipper and they will fix repair solder that one clipper for 16 years whereas a barber here would just throw it out and buy another clipper when a supply guy comes uh also there's uh certain laws when just you know like people have distribution rules in certain cities and there's um certain states also there's there's the wattage the plugs right certain clippers are going to blow up so i'll go to where the where the money is like i'm i was speaking to rashad earlier like i'm finally my first time going to africa being i'm going to lagos nigeria and i was asking him a little bit about it i'm going to go there december december 11th to get some footage and i'll be doing hosting my first event there that's pretty dope i have family in angola but it's on the other side of africa so um i'm i'm just pretty happy to go there as well so yeah i mean i want to see the world and and tell my story and like i said um the money's always like if you're doing the right thing and you're helping others the money's always going to follow you know so i mean i think we all we have no choice but to scale i can't look back now but like when it comes to real estate man i have to feel it i have to feel it in the heart because you ever get some real estate like stuff thrown at you like it's either too good to be true or something's not right with the property if and i and i i usually get that like my third eye sees that so like i just bought these three three airbnbs in a beach town that's extremely on like new money's moving into the town i'm literally 10 steps away from the ocean and in connecticut right on the shoreline next to a carousel next to an ice cream stand i bought it off market but i felt it i'm like i looked at the building it's two two families and one one family and i'm like this is going to be a gold mine.
58:23So I don't know. I'm not as risky as some of these investors. Like I know some really risky investors. So I just, I don't know, a little more calculated I would think. But I might need some advice on that, man, because you guys are the masters of scaling. No thing or two. Yeah, you know. I can't let you get out of here without asking this question because you are the godfather. What are the essential pieces of equipment that a barber should have or that you have, right? Like what's the trimmer? What should we be using? What would you use? Yeah. I mean, see, I'm putting, I have to use Babyless because I'm in contract with them.
59:04I'll use that. Yeah, that's dope. So I got a dope care packages for you guys too. Perfect. I need to get, I'm going to get it to you guys. You know, honestly, if you're a good barber, you could cut hair with Walmart clippers. Like I'm going to be completely transparent with you. If you have the technique, you have the technique. My personal stuff is this new compact series because I believe in traveling. So everything I have is like for little traveling kits or whatever. So there's a new compact series on babyless clipper, trimmer, shaver. And I always like my biggest piece of advice to barbers is like, you should always have overstocking equipment.
59:39Always. A good friend of mine like went to cut puff a long time ago. And he didn't have any. This is when clippers were wired. he didn't have an extension cord so he was in France and he puffed one the haircut on the balcony and the clipper wires in a reach and he goes yo I can't cut your hair here on the balcony we got to cut in the bathroom he's like playboy I'm paying you this much money to cut my hair and I flew you to France you better find an extension cord you got 20 minutes so like did he find it he ended up finding it but playboy yeah but he was like but am I right or wrong right Like you should be completely prepared when you're going to any, cause you'll never know, like you'll never know what you're going to need.
1:00:24So, you know, with that being said, just regardless of what equipment you have, make sure you have it. Make sure you like, you'll never know who's going to show up on that set. You might go to cut Rashad's here, but his managers, a Mexican cat from Texas that has straight here out to here. And you didn't bring scissors because Rashad didn't need scissors or, you know, you don't, you might get here, beard color. You didn't bring beard color to enhance your beard or an enhancement of some sort. So I've learned be prepared because you'll never know if you're on a movie set or video set what's going to come your way.
1:00:56Where did the best barbers come from? I don't know, man. All over, man. It's okay to say New York, man. I'm talking about this because, you know, DR got, they came in and they just took over. What do I say about DR? Because I have a Dominican salon that rents in my basement on my suites. the thing about dr is like at the end of the day you got haiti and dr right they're african people they're african but one that speaks french and one speaks spanish so but with the colonization and everything that happened you got light-skinned blue-eyed dominicans you got black michael blacks and dark-skinned dominicans light-skinned so i feel as if the dominicans were able to master all hair types and a lot like so for all my women like predominantly the clientele at my suites are black women uh that a lot of them work at Yale New Haven Hospital and they come to the Dominican ladies because they know they're here they're affordable they get their roller sets they get their blowouts um from the Dominican women so yeah man big up the Dominican barbers because they do all hair types man to me um you're not a master barber unless you could cut any hair type like you have to be cut every single hair type to be a master barber.
1:02:10You know? That's what's up. Shout out to my barber. I think he went to your event a few times because I was telling him how I was going. He said that he didn't go this year, but he had been. He's very familiar with the event and had good things to say about it. So yeah, man, barbers are vitally important to the ecosystem. You know, they keep the world spinning. That's a fact. They keep looking good. Yeah. I mean, you got to realize, like, barbers will cut your hair for the most important days of your life, right? 100%. it you know yeah for sure and i think if we have the ability to like to to use our relationships because like like i said there's nothing worse when i see self-made in a barber's instagram bio bio because like without our clients we ain't we ain't nothing and like the real celebrity client is that father that brings his son in every single week because i remember when i was younger man being waiting in hotel lobbies doing half a haircut a celebrity gets but gets on the zoom phone call comes back and like i'm not chasing no grown man well i appreciate you my brother anything anything else you want to say or you know socials and all that yeah i'm jay underscore majors at connecticut barbara expo june uh 5th 5th through the 8th this year it's going to be a mohegan sun this is my 15 year anniversary of the show congrats so thank you so we're probably going to do like a a big uh thinking of possibly doing a comedy show i'm talking to some big comedians and uh you know just just come on out it's a it's a dope resort and you know i just want to thank you guys for honestly having me here man i'm i'm a big fan of what you guys are doing because it is needed it's like you this is essential right now man because money is scarce and you know gold what is gold that today man i saw it was like up a hundred thousand the other day right we'll check in two seconds it was at 4 300 shot down to 41.
1:04:03but why have you guys here real quick man what is eyl like what are y 'all doing now because i'm like i love the invest fest i'm definitely making it there you got it come we got to do some level of collaboration that's what i was thinking barbara especially we got the vendor marketplace yeah it's gotta be dope to kind of have some level of what city are you doing atlanta again you know we haven't announced it yet. Okay, okay. Stay tuned alert is the issue. Stay tuned alert. Coming soon. Yeah, I want to be able to hopefully give you guys some sponsorship or some way to help out. I appreciate it.
1:04:34Just for what you're doing, I feel like so many people need to hear this, man. And you guys are genuine. You know what I mean? Like, you really care, so I appreciate that. Thanks, man. Appreciate it, my brother. Yeah, let's definitely connect to anything we possibly can. Yeah, and if you got any students that are interested in coming down, maybe we can work something out. I guess I'm here cuts away. Yeah, let's do it. Whatever. I had a barber for y 'all today. I guess someone messaged him. Andy Authentic. Someone from your team messaged him. He cuts Jalen and Raekwon and a couple of other people.
1:05:04Raekwon the show? Yeah, he cuts. He might be ahead of us. Jalen got the... Jalen Rose. Yeah, Jalen Rose is here. He's the king. Somebody from our team messaged him? Yeah, he's like, I'm so mad. Something happened. He thought someone from Earn Your Leisure messaged him a while ago. Oh, okay. I think he was on ESPN a lot with Jalen. Yeah, yeah, yeah. Yeah. No, Jalen's is ridiculous. Yeah, yeah. It's crazy. Raekwon's favorite. Jalen gets a haircut four times a week. Oh, that's a lot. Four times a week. That's a lot. That's a lot. Yeah. Yeah. Nah, his line is crazy. Hi, my brother. Well, I appreciate you, man.
1:05:44Thank you, guys. Rocking us. See you next week. Peace. What if mind control is real? If you could control the behavior of anybody around you, what kind of life would you have? Can you hypnotically persuade someone to buy a car? When you look at your car, you're going to become overwhelmed with such good feelings. Can you hypnotize someone into sleeping with you? I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a. neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both?
1:06:20Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
1:06:50tips on when and how to talk to your kids? Visit talkaboutvaping.org. Brought to you by the American Lung Association and the Ad Council. And the winner of the iHeart Podcast Award is you can decide who takes home the 2026 iHeart Podcast Awards Podcast of the Year by voting at iHeartPodcastAwards.com now through February 22nd. See all the nominees and place your vote at iHeartPodcastAwards.com. Audible is a proud sponsor of the Audible Audio Pioneer Award. Explore the best selection of audiobooks, podcasts, and originals all in one easy app. Audible. There's more to imagine when you listen. Sign up for a free trial at audible.com.
1:07:27This show contains information subject to but not limited to personal takes, rumors, not so accurate stats, and plenty more. What's up, man? This your boy Nav Green from the Broken Play Podcast. Look, it's the end of the season. The playoffs are here. But guess what? It ain't the end of your season. You can always tune in with Broken Play Podcast with Nav Green on the Black Effect Podcast Network. Not a team who ain't going to the playoffs. The Chief. It's time to rebuild. Listen to Broken Play with Nav Green from the Black Effect Podcast Network on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
1:08:00You know Roald Dahl. He thought up Willy Wonka and the BFG. But did you know he was a spy? in the new podcast The Secret World of Roald Dahl I'll tell you that story and much, much more. What? You probably won't believe it either. Was this before he wrote his stories? It must have been. Okay, I don't think that's true. I'm telling you. The guy was a spy. Listen to The Secret World of Roald Dahl on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. This is an iHeart Podcast. Guaranteed human.
From the publisher
This week on Earn Your Leisure, we sit down with the legendary Jay Majors—entrepreneur, educator, and creator of one of the biggest barber expos in the world. Jay breaks down how barbering literally saved his life and how the craft transformed into a multimillion-dollar empire built on relationships, real estate, and relentless hustle. We dive deep into the business behind the chair: why barbering is one of the most underrated networking opportunities, how most barbers can instantly upgrade their customer service in 2025, and what it actually takes to stand out in a crowded industry. Jay gives a full blueprint on opening a barbershop, launching a salon suite, building a loyal clientele, and using technology to scale your time and income. Jay also reveals how he uses land ownership to earn 50 rents every month, why adding apartments above your barbershop is a cheat code, and the smartest paths to securing a mortgage as a barber. From suite models to expos to real estate, this episode is a masterclass for anyone in the grooming industry—or any entrepreneur looking to level up. #EarnYourLeisure #EYL #JayMajors #BarberBusiness #SalonSuite #Barbershop #Entrepreneurship #WealthBuilding #BusinessModels #RealEstate #Networking #FinancialLiteracy #MarketMondays #EYLNetwork #BusinessTips
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