The conversation explores the topics of tipping and cashless businesses. Jennifer shares her experience with a no-tipping policy in her salon and the challenges and reactions she faced. The history and reasons behind tipping are discussed, as well as the categorization of hairstylists and the need for a change in perspective. The trend towards cashless businesses is examined, along with the convenience and challenges associated with it. The benefits and drawbacks of cash-only businesses are explored, and the importance of making it easy for customers to do business is emphasized. The chapter concludes with a discussion on the motivation for businesses to accept cash and the success of cash-only businesses.
Takeaways
Email us at: TwoDaughtersAndTheirDad@gmail.com
Please download our Best of Nuggets eBook here.
Like and follow us on Facebook
Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.
Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.
Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.
The conversation explores the topics of tipping and cashless businesses. Jennifer shares her experience with a no-tipping policy in her salon and the challenges and reactions she faced. The history and reasons behind tipping are discussed, as well as the categorization of hairstylists and the need for a change in perspective. The trend towards cashless businesses is examined, along with the convenience and challenges associated with it. The benefits and drawbacks of cash-only businesses are explored, and the importance of making it easy for customers to do business is emphasized. The chapter concludes with a discussion on the motivation for businesses to accept cash and the success of cash-only businesses.
Takeaways
Email us at: TwoDaughtersAndTheirDad@gmail.com
Please download our Best of Nuggets eBook here.
Like and follow us on Facebook
Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.
Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.
Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.