I'm a full time nail technician and I earn..... - Salon Geek
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View Poll Results: i earn per year....
under 5 k 41 32.80%
5 - 10k 14 11.20%
10-15k 22 17.60%
15-25k 21 16.80%
25-30k 16 12.80%
30k plus 11 8.80%
Voters: 125. You may not vote on this poll

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(#1)
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I am a Nail GeekI am a Skin Geek
I'm a full time nail technician and I earn..... - 24-07-08, 11:10 PM

I dont want you to tell me just vote in the poll if you could !

Thanks

Amb x
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(#2)
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MINKUS is going to get me some minx tomorrow ! yay
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MINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIP
I am a Nail GeekI am a Skin Geek
25-07-08, 03:23 PM

Thanks for the votes so far

Any others?
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I am a Nail Geek
25-07-08, 03:28 PM

Wow, looks like there are some big earners out there, sadly its not me (YET!!)...lol
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(#4)
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MINKUS is going to get me some minx tomorrow ! yay
I'm feeling SmartI am in love with my hubby - BURTI am jamming out to boney m at the moMy favorite films are er.........high school musical
 
Posts: 7,732
Join Date: Aug 2004
Location: planet gonks-ville
MINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIP
I am a Nail GeekI am a Skin Geek
25-07-08, 03:38 PM

well its a bit split to be honest.

I just wanted to say this has to be based on 'your own' earnings as a ONE MAN BAND and not as 'team' etc!

I'd think on an average if most peeps had say 5 clients a day and worked say 5 days a week (im sure lots of people do way more than that) you 'could' be able to turn over £600 ish (prob more) a week... so if you allow 2 weeks off thats £31,250 for 50 weeks of the year...obviously then your 'costs', advertising, materials, paye, ni etc are out of that so to be earning the big bucks (unless my maths are rubbish) you've gotta be turning out a fair old few clients.

Interesting

Thanks
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I am a Nail Geek
25-07-08, 07:00 PM

I dont mind sharing. I'm a one man band, and I began trading in January this year. Because my business is fairly new, I still dont have a full appointment book, and my costs are still high (marketing and such).

Typically in a week I will make between £200 and £300 gross, but after rent, phonebill, business loan, stock, I may have £50 profit, sometimes less. At the moment I'm ploughing any profit back into the business.

I know that the day will come when my costs will level out as the business becomes more established, whilst at the same time my turnover will increase as I expand the business, but I'm under no illusion - this is a long term thing. I know theres money to be made, but it's by no means the get rich quick scheme that so many people think it will be when they join the industry, and I think its good to share this for any new or would be techs who may read this.
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I am a Nail Geek
27-07-08, 04:34 PM

I didn't vote as I've only just started plus I'm not strictly working full time yet. What a time to start up a business eh, just in time for the kids long summer school holiday! Even so, I am managing to turnover an average of £150 per week (home salon & mobile). My aim is to increase that over the next 12 months to around £400 per week which with minimal overheads will do me very nicely thank you. Much better than the £150 take home pay working all week as a temp in an office
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MINKUS is going to get me some minx tomorrow ! yay
I'm feeling SmartI am in love with my hubby - BURTI am jamming out to boney m at the moMy favorite films are er.........high school musical
 
Posts: 7,732
Join Date: Aug 2004
Location: planet gonks-ville
MINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIPMINKUS is King of the Swingers, the jungle VIP
I am a Nail GeekI am a Skin Geek
27-07-08, 07:19 PM

30% OF THE voters earn 5k and below

for a full time job? that aint so great !
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I am a Nail Geek
27-07-08, 07:54 PM

I'm a full time self-employed tech with my own salon, i've been trading for one year in august, and my turnover is 11k so far. I'm bringing in around about £400-£500 per week with a full appt book, sometimes more. You get out what you put in, definitely, but i reckon the only way to make any money is to be self-employed. HTH
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I am a Nail GeekI am a Skin Geek
27-07-08, 11:16 PM

I'm home based beauty salon, three nights a week and saturday mornings. I'm really pleased with what I take in now after four years. It's hard work as I also have a full time job to do too, in an office. I take a wage from my business which basically covers holidays and my day job covers my everyday living!

I do think that if I worked full time in my home salon I could certainly earn between £8 and £10 per year, maybe even more but that doesn't account for my wages that I would take.

Why the poll Minkus, what's your thinking behind this?
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I am a Nail Geek
27-07-08, 11:30 PM

Quote:
Originally Posted by MINKUS View Post
30% OF THE voters earn 5k and below

for a full time job? that aint so great !
I agree, that looks pretty grim. To be honest though I'm glad it shows that way. So many people think they can set up doing nails and earn a fortune overnight, and it's just not the case. There is money out there to be made, but the big money is only made by those who have a long term plan, a sharp business mind, endless motivation and one hell of a passion for what they do. Any big bucks are earned in the long term after a long and arduous climb up the ladder, and I think it does well to show new techs that this is the case - not to put them off, but so that they can set themselves up in the right way!

I think the reasons that the earnings show so low could be for so many different reasons, for me I know its because my business is relatively new & my appointment book is still fairly vacant. I estimate that with a full appointment book, working 40 hours a week, plus retail sales, I could turn over up to £1000 per week, but this certainly wont be acheived by just turning up at the salon 5 days a week and waiting for the phone to ring!!
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I am a Nail Geek
29-07-08, 11:37 PM

It may be that part timers have voted as well Amb, i am sure a lot of technicians full time job is 'mum'. I know when i first started out it had to fit around the children going to preschool.
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I am a Nail Geek
29-07-08, 11:52 PM

I ticked the last option, but it is higher than that.
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I am a Nail Geek
31-08-08, 12:58 PM

Quote:
Originally Posted by 'chelle View Post
I agree, that looks pretty grim. To be honest though I'm glad it shows that way. So many people think they can set up doing nails and earn a fortune overnight, and it's just not the case. There is money out there to be made, but the big money is only made by those who have a long term plan, a sharp business mind, endless motivation and one hell of a passion for what they do. Any big bucks are earned in the long term after a long and arduous climb up the ladder, and I think it does well to show new techs that this is the case - not to put them off, but so that they can set themselves up in the right way!

I think the reasons that the earnings show so low could be for so many different reasons, for me I know its because my business is relatively new & my appointment book is still fairly vacant. I estimate that with a full appointment book, working 40 hours a week, plus retail sales, I could turn over up to £1000 per week, but this certainly wont be acheived by just turning up at the salon 5 days a week and waiting for the phone to ring!!

I totally agree!!! So many girls start training thinking its going to be a get rich quick scheme and it certainly ain't!!!! You need to put in a huge amount of work, energy, time and money into making your business a success! xx
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I am a Nail Geek
31-08-08, 01:18 PM

Quote:
Originally Posted by MINKUS View Post
well its a bit split to be honest.

I just wanted to say this has to be based on 'your own' earnings as a ONE MAN BAND and not as 'team'