Should I Take the Leap? Navigating the Decision to Start My Barber Business
As an 18-year-old barber with a solid foundation of experience, I find myself at a crossroads in my career. Having worked approximately 45 hours a week since I was 13, I have dedicated much of my teenage years to mastering the art of barbering. My journey began with offering free haircuts, progressed to a formal apprenticeship at age 15—where my innate skills were honed—and culminated in obtaining my license at 16.
Throughout high school, I strategically balanced my work and studies by avoiding advanced classes, allowing me to utilize school hours for my academic commitments. Now, with five years of hands-on experience under my belt, I have also managed to save around $80,000, alongside a thriving client base primarily from my local Muslim community. Most days, I’m booked out for at least two weeks in advance, which reassures me about my clientele potential.
Recent discussions with my dad have sparked an important question: Should I pursue opening my own barbershop now or stay in my current position for a few more years? He argues that with a stable financial cushion and the option to live at home, I am in an advantageous position to launch my own enterprise.
However, the thought of entrepreneurship at such a young age does make me apprehensive. Is it wise to dive into business ownership when I still have room for growth and experience? Perhaps I should consider working additional hours at my current shop to bolster my savings before making such a significant decision.
As I weigh my options, I am looking for guidance on whether to seize this opportunity or continue building my skills and financial stability in my current setting. The decision looms large, and I’m eager to hear from others who might have faced a similar dilemma. What would you do in my shoes?
