However, it does not mean there is no way to become a successful artist today. There most certainly is, but the path to success is different than it was before. What is the realistic way today to get started? One should start with rather rational analyses: what probable demand is there for the beauty procedures one plans to provide locally? Honest research is often the best way to get started. Still, one should also take the initial results with a grain of salt. Namely, the imminent fact is that practically in every region, when it comes to profiting from beauty services, the Pareto principle functions live and well. That is nothing new, already hundreds of years before Pareto, that fact was phrased the following way: "For to everyone who has will more be given, and she will have abundance; but from her who has not, even what he has will be taken away." It means that 20% of artists make 80% of the money. Let us not stop there; out of the 20% making the most money, we also 20% making 80%; thus, we can say that four artists out of 100 take over 60% of the overall profit. That is insane, may one think now; however, that is true. Usually, trainers with huge experience and, therefore, in a sense of crude capitalism, those people have earned their success.
What to make of it? One should acknowledge two important facts: first, it might be at first unrealistic to aspire to become one of the rare ones who will become very rich in the beauty business, and if one does the calculations, there is no certainty whatsoever that one would make the same money as active local artists are making. There is no seat in the first 20% reserved for new artists that want to enter the business; there is no fair or equal distribution of clients. 20% of the artists take 80% of the money, and the sad reality is that nobody of those wants to give up their share for the newcomer.
However, the 20% who take the 80% is what one has to target to make it. The good aspect is that, at least to some extent, the potential customer base can be redefined when one begins her career - if one is willing to move around and cooperate, the chances of making it improve considerably. When it comes to potential clients, one has to accept the harsh forces of the marketplace. When getting started, it is realistic to get customers for lower fees, providing the same or better level of service than existing artists in the same market segment. Marketing costs for a stable inflow of new customers may also make up a considerable portion of client fees. All three aspects (how to evaluate the market, expand it, and build an image as an artist) are the basis of many of our courses.
Key idea: Estimating potential earnings based on equal distribution of income from clients is highly unrealistic in the beauty industry. The distribution of potential earnings is vastly unequal, and achieving success requires breaking into the top one-fifth of artists who earn the most. This can only be accomplished by out-competing your rivals in the market, using a unique approach tailored to your strengths and industry demands.