The list goes on, but believe us when we say it is very achievable for a barber or stylist to earn a 6-figure income. First let's talk about some basics—yes, the basics of things we do every single day. If you aren't doing them with every single person, it may impact your financial freedom.

It depends on your location, the services you offer, your prices, and how well you run the business. A well-run barbershop can make a healthy profit, especially if you keep costs in check and offer services and products that keep clients coming back. It's a journey, but it can be a profitable one.

Unlike most typical 9-5 jobs, barbering may offer you a certain amount of flexibility in your day-to-day schedule as well as your vacation days and time off. If you decide to pursue a freelance career, open your own shop, or rent a booth, you will probably have the opportunity to set your own schedule.