Erin MacNeil: My Top Rules to Opening your own MedSpa from A to Z
- S1E12
- 48:46
- November 20th 2023
Founder & CEO of The Spa Business Coach, Erin MacNeill, brings over 20 years of invaluable experience to this episode where her and Felix discuss many invaluable tips on how to start, grow and thrive in the aesthetics business world. Her experience turning luxury hotel spas around, recovering profitability and creating great teams pathed her way to becoming a consultant who now coaches MedSpa Owners to be CEO’s vs service providers who happen to have a business.
In this episode, Eric and Felix discuss topics, such as:
- Erin’s experience in medical aesthetics
- Get to know your numbers – all the numbers
- Knowing when to make the leap to being your own boss
- Importance of a SWOT analysis before opening a new business
- How to really understand your competition
- Financial metrics and profit margins for different services
- Critical factors to consider when expanding
- Erin’s recommended compensation models for new hires
- Importance of KPIs and leadership structure when scaling your clinic
- Investing in communication and interpersonal skills when going big
- How do you raise funds
- Erin’s advice on devices
Follow Erin:
https://www.instagram.com/thespabusinesscoach/
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Aesthetics & Biz
Join Dr. Felix Bertram, esteemed host and successful self-made entrepreneur. As CEO and founder of Skinmed, the fastest-growing and largest clinic chain in Switzerland with 5 locations and over 140 employees, he takes you on the highs and lows of combining aesthetics and business. Dr. Bertram’s track record goes beyond Skinmed as he is also the owner of a successful skincare brand, the renowned Swiss Aesthetic Institute, and the fastest-ever restaurant to be awarded 2 Michelin stars.
In each episode of Aesthetics & Biz, Dr. Bertram welcomes guests from various corners of the aesthetics industry to share their invaluable experience, skills, and wisdom. Through engaging conversations and insightful interviews, you'll gain a deeper understanding of the intricate workings of the aesthetics field and discover their secrets to building a successful career.
More About The Host
Internationally renowned business mogul and board certified dermatologist, Dr. Felix Bertram, is the self-made founder of Skinmed, one of the largest and fastest-growing aesthetic clinic chains in Switzerland with 140 employees and over 6,000 surgeries performed annually across 5 locations.
Dr. Bertram is also the owner of the prestigious Swiss Aesthetic Institute, the sustainable and medically-backed skincare range “Skinmed Doctors” and the ground-breaking restaurant “Skin's”, which received 2 Michelin stars just 4 months after opening in October 2022.