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Through proper business planning, anesthesiologist opens salon

Launching a business on the side can seem difficult, even impossible. This is all the more so because for many people, starting a business lies outside their comfort zone. However, through proper business planning, beginning a side-business can not only be financially rewarding, but fun as well.

That was certainly true for one New Jersey anesthesiologist. After he had practiced in his field for more than 25 years, he decided to do something different and invested in a hair salon. In the end, that venture did not work out, but he nonetheless learned a number of things about the salon business. After giving it some thought, he decided that despite being a health care professional, he would open his own salon.

To get it started, he worked with a number of people who were knowledgeable in the area, such as salon designers and hair stylists. As time went on, the hair salon became wildly successful. Indeed, in 2011, it finished second in the North American Hairstyling Awards, which is an event held annually in Las Vegas.

Going from being an anesthesiologist in New Jersey to the owner of North America's second best hair salon is a pretty large leap to make, but he was able to do it through attention to proper business planning. In this case, he did not simply leap into the stylist industry, but instead became acquainted with it over time: first by investing in a hair salon and then consulting with others to open his own shop. With the right amount of initiative, patience and diligence, it may well be possible for anyone to succeed in launching a side-business.

Source: American Medical News, "N.J. anesthesiologist makes hairpin turn and opens beauty salon," Victoria Stagg Elliott, April 23, 2012

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