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The Wire
September 1, 2007 By: American Salon Staff American SalonThe event concluded with a dinner, where attendees got to mix, mingle and spend quality time with J Beverly Hills founder and celebrity stylist Juan Juan. "This educational opportunity not only provided stylists with simple, effective and realistic techniques that they can take back to their salons and use behind the chair, but it also underscored J Beverly Hills' ongoing commitment to the industry," said Juan Juan.
NCA'S SALONLIFE '07: INSPIRATION, EDUCATION, MOTIVATION
More than 600 salon professionals from all across the country gathered in Las Vegas July 17–18 for a learning experience like no other: NCA's SalonLife '07. The two-day event focused on helping busy beauty pros find balance in their personal lives so they can build a strong foundation for career success. The amazing lineup of speakers featured both lifestyle experts and industry leaders focused on the topics of health and wellness, wealth and finance, and happiness and balance. They included Oprah's health expert and best-selling author Dr. Mehmet Oz; financial guru David Bach; American Idol hairdresser Dean Banowetz; lifestyle coach Amanda Gore; co-founder of CND (formerly Creative Nail Design) Jan Arnold; owner of Arrojo Studio and hairdresser on the makeover show What Not to Wear, Nick Arrojo; artistic director of John Paul Mitchell Systems and owner of A Robert Cromeans Salon, Robert Cromeans; beauty and wellness expert and author Mary Beth Jannsen; psychologist, motivator and author "Dr. Lew" Losoncy; and Ann Mincey, Redken's vice president of communications, who served as the event's emcee.
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DR. MEHMET OZ, co-author of the best-selling books YOU: The Owners Manual, YOU: The Smart Patient and YOU: On a Diet, presented "YOU: The Extended Warranty," an entertaining tour through the body with advice on how we can stay healthy longer. Dr. Oz recommends making these five adjustments: regulating your blood pressure to 115/75, not smoking, exercising 30 minutes a day, eating a healthy diet that's easy to love and controlling stress. He also believes that waist size—not weight—is a better predictor of health risks. Your ideal waist size should be half of your height; measure at your belly button. For more health tips from Dr. Oz, visit realage.com.
DAVID BACH has written seven consecutive best-sellers including Start Late, Finish Rich and The Automatic Millionaire. He explained to the SalonLife attendees that to build financial security and set themselves free, they first must answer these five questions:
1. Do you want to be rich? If so, why? Who do you want to help?
2. Do you pay yourself first? You must find a savings formula that works for you and invest that part of your income automatically for life. Salon professionals might save the earnings from the first client of the day. Salon owners might save the earnings from one day a week or 10 percent of one day a week. The money can be invested in a 401k/403b plan, an IRA or SEP IRA.
3. Do you know what your latte factor is? What do you spend on little extras that you can save? Ten dollars a day is $300 a month, which is $3,600 a year. Imagine how much that amount would be if you saved it instead for 35 years, investing it at an 11-percent interest rate.
4. Do you rent or own? Home owners get leverage, tax breaks and start building wealth. You have almost no chance of becoming rich if you rent. Salon owners should also consider buying their space or building.
5. Do you give back? Bach is on a mission called the 1-percent solution. He believes that if everyone can take 1 percent and not give it away but put it to use, we can make the world a better place.
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