How Drybar Went from Aspect Hustle to $255 Million Enterprise

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Alli Webb spent her twenties working in hair salons. When she moved to Los Angeles and have become a stay-at-home mother, she began a cellular blowout facet hustle — so she would go to a shopper’s house, blow-dry their hair, and elegance it for $40. No haircuts or hair colour.

“I bought tons of shoppers,” Webb informed entrepreneur Jeff Berman on the Masters of Scale podcast earlier this month. Her first pitch was to different mothers on a Yahoo group. It learn: “I am a stay-at-home mother and a longtime hairstylist. I am going to come over and blow out your hair for under $40 whereas your infants are sleeping.”

Webb’s pitch was profitable and he or she quickly could not sustain with demand. She began excited about opening a brick-and-mortar location so her shoppers may come to her, as an alternative of her going to them.

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Her brother, former Yahoo advertising director Michael Landau, was keen to assist financially again the enterprise, although he did have some questions at first.

“He was slightly perplexed, ‘Like, why cannot ladies blow out their very own hair?'” Webb mentioned. “And I used to be like, you probably did develop up with me.” In earlier interviews, Webb shared that she had frizzy hair rising up and was “obsessed along with her hair.”

Landau was lastly satisfied by the success that Webb noticed in her facet hustle. He invested $250,000 whereas Webb and her then-husband Cameron Webb put of their financial savings of about $50,000. In 2010, the founding group opened the primary Drybar salon in Brentwood, California. It famously affords no cuts and no colour.

Alli Webb. Picture Credit score: Brian Stukes/Getty Photos

Although Drybar’s salons provided a restricted vary of hair companies — simply the wash, blowout, and elegance — Webb says that she wasn’t involved concerning the enterprise mannequin. What she needed was quantity: 30 to 40 blowouts per day to interrupt even.

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Demand ended up doubling expectations — to 60 to 80 blowouts per day.

“We realized in a short time, like throughout the first few days, [that] we had captured lightning in a bottle,” Webb mentioned. “Girls have been coming in and fairly actually droves. I imply, we have been turning individuals away left and proper.”

Drybar grew to over 150 salons throughout the nation inside a decade. Webb ended up promoting Drybar’s product line to main client merchandise firm Helen of Troy for $255 million in money in 2020. WellBiz Manufacturers acquired the franchise rights to Drybar salons in 2021 for an undisclosed sum.

Webb could not have imagined what Drybar would develop into. When she opened her first store, she simply needed it to be a spot the place she may do what she beloved.

“I used to be actually enthusiastic about it and never considering I used to be going to show it into this huge multi-million-dollar blowout empire,” she mentioned.

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