How 2 Women Sold their Lashbiz for 7-figures

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Lessons of a Lashpreneur

Business


In today’s episode I’m interviewing two incredible women who founded Lash Bee Pro and who I credit to being the ones who breathed life back into the Lashpreneur because they reached out to me about a week after I announced I was stepping away from The Lashpreneur and wanted to discuss acquiring the business. Erin Soletski and Anjali Bhatia are the Co-founders of Lash Bee Pro - whose mission is to empower lash artists to succeed both as artists and as professionals through superior products, comprehensive education, and community support as part of the LashBeePro family. In our interview today, Erin and Anjali are sharing their journey to selling their brick and mortar business for a hefty price AND give you some tips on what you can start to do to get the foundations of your business ready to grow OR sell if that’s something you’re hoping to do some day and the incredible importance of clean financials and documenting processes to be able to create a Money Making Machine as a business.  They’ve also been very generous to our Lessons of a Lashpreneur show by offering 20% off your first purchase of any of their LashBeePro Products! Just use code “Lashpreneur20” at checkout to receive 20% off your first order at www.lashbeepro.com.  Anjali and Erin recommend trying out their Honey-Do Lash Shampoo and their Retention Queen Super Bonder (link to https://lashbeepro.com/collections/bestsellers )  for anyone looking to try out some of their Bestsellers. Alright - let’s dive into today’s episode with Erin and Anjali of Lash Bee Pro.   Episode Highlights: [6:22] Understanding the business before diving into the lash industry is key [9:15] The good and the bad of getting a business ready to sell [14:12] Why processes are crucial in a business [17:54] Having a standard lash service process will help build your business foundation [20:16] Bad reviews are a reflection of your processes [22:40] The sale process Anjali and Erin followed in selling their business [25:26] Having clean financials is crucial   Happy business building! Have a good one!