One of the questions I get asked a lot from aspiring stylists is 'can I really make good money as a stylist or is it simply a side-hustle?' It's an important question, and obviously, something to think about before you embark on a career in the industry. The truth is that yes, you absolutely can make money as Personal Stylist or a Fashion Stylist but the amount you make is directly related to 3 key things:
1. The effort you're willing to put in - There is no magic money tree and there's no magic client tree either. If you want to be successful as a Stylist and make money then you have to be willing to put in the time and effort to make your business a success. It's not easy to build a business and it takes commitment and tenacity, so you'll need to be prepared to work hard and stay focused even when it seems like it's not working out.
2. Your willingness to learn - Being a Stylist requires knowledge and simply being able to pull together an outfit is not going to bring in the big bucks. You'll need to be willing to learn everything you can about fashion and styling, whether it be through a training course or reading articles or watching videos and podcasts. You need to be a sponge soaking everything up to advance your skills and knowledge. Even when you've been in the business for a few years and have a solid client list the learning doesn't stop there. Techniques change and advance, and people's needs and preferences change, so you need to stay up-to-date on the changes in the industry and in society. The good news is that the recent growth of the industry has increased the availability of training and resources for stylists so it's never been easier to advance your skills and knowledge.
3. Your belief in yourself - I've seen many great Stylists fail simply because they never truly believed in themselves. You have to believe that you can be successful and the clients and money will follow. Being successful is 80% mindset and 20% skill so it's something that you need to work on every day.
Being a Stylist is an amazing career choice and it offers the opportunity to earn a lucrative living. A trained Stylist can easily charge (and earn) $75 to $150 per hour, and that rate increases as their experience increases. I've seen Stylists being able to charge $250 per hour after only being in business for 2 years. And income potential can increase significantly when you switch from an hourly rate and create your own signature program. The bottom line is that yes, there is money to be made as a Stylist and it can be a lucrative career as long as you are willing to do what it takes to get it!
P.S. If you're ready to start an exciting and lucrative career as a Stylist, then we've got the training and resources that will help you on your way. Click here to find out more about our online training programs for personal stylists and start today!