036 - From Commission to Booth Rental: Navigating Salon Ownership with Lee Spencer – Tips, Strategies, and Insights on Building a Successful Business

Have a topic request or someone you think we should have on the pod?! Send us a text and let us know!In this episode of Stylist Soul Tribe Conversations, host Lisa Huff is joined by Lee Spencer, founder of Startup Stylists and a seasoned professional with over 40 years in the beauty industry. Lee shares her incredible journey from starting as a stylist to becoming a successful booth rental salon owner and coach. She provides invaluable insights on transitioning from commission to booth rental models, the importance of leases, and how to build a thriving salon culture.Highlights:The importance of having a financial cushion for unforeseen events.How to effectively negotiate leases and understand legal documents.Strategies for maintaining a successful booth rental salon.The significance of creating a supportive salon culture.Lee’s advice on knowing when to go independent and how to prepare for it.Connect with Lee Spencer:InstagramConnect with Lisa Huff:InstagramStylist Soul Tribe WebsiteThis summer I'm hosting the Summer Specialization Series: three live virtual panels on the specialties that are really taking off in the industry right now.June 29 — Hair Loss, Extensions, and Enhancements July 27 — Curly Hair August 31 — Scalp Health and Head SpasGrab your spot here: https://stylistsoultribe.mykajabi.com/2026-summer-seriesConnect with Lisa HuffInstagramFacebookYouTube