Re:In an Oil Boom Town, Even a Barber Can Make $180k
by mj_olnir on Monday April 01, 2019 @03:57PM
(#19547518)
You're right, except for the fact that it wasn't the skillset obtained by being a barber that helped build the business - it was the person's business acumen.
You can be great at cutting hair, but abysmal at leading individuals, much less operating a business.
Re:In an Oil Boom Town, Even a Barber Can Make $180k
by sandworm101 on Monday April 01, 2019 @06:51PM
(#19549169)
Business acumen, access to credit, a market niche, decent regulatory environment... and a bunch of other stuff. Mobile barbershops might not even be legal in many places. It is a very regulated area. More training to cut hair than be an EMT.
Re:In an Oil Boom Town, Even a Barber Can Make $180k
by jasonlotito on Monday April 01, 2019 @04:56PM
(#19548131)
Good point. But I wonder if they would be just as successful in another business. e.g. If the barber suddenly opened up a restaurant. The important point is, it's the fact that this person with this set of skills that include being a barber and their business acumen that allows them to succeed. Remove one, I don't think they'd be as successful in starting a new business.
The barber, using their skills, were able to start a small business that hired others. It's not merely a case of some non-barber just buying a small business that happened to be cutting people's hair. So while they didn't start at 180k, they ended up there because of barbering.