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Business: Swuave Cuts
Location: Los Angeles, California
Description: Providing barbering services while developing long-lasting relationships with clients and acting as a trusted confidant and advisor.
Rickey McGregor is the founder of Swuave Cuts, a company providing barbering services both in-home and on-site. He is now a student at UC Berkeley studying Business Administration.
A few weeks before Christmas, in December of 2018, Rickey's home was burglarized. The thieves stole a significant amount of his family's possessions, including his clippers and other barber tools. This equipment had been used for his small business as well as provide additional income for his family.
Rickey not only used his barber equipment as a means of generating revenue, but he also donated his services to the community. At just 17 years old, Rickey had been cutting hair as a part of his dad, Rick McGregor's "Fades for Grades" program in inner city communities throughout Los Angeles. Rickey was just starting to expand his skills by working towards licensure and cutting hair for friends, family and other is the community, when his clippers were stolen.
With IMPACT’s help, Rickey was able to recover from the loss of his business equipment as well as develop his barbering business.
Members of IMPACT’s team were able to help Rickey:
Recover $470 worth of barber equipment, including 4 Wahl and 3 Andis Clippers.
Earn over $2,000 in profit in just a few months
Create a complete, branded logo for Swuave Cuts
Develop a spreadsheet for financial reporting and bookkeeping
Provide a $100 startup investment through Charles Schwab brokerage account.
Ricky graduated high school as valedictorian of his class, having the highest GPA in his school’s history. He was also the captain of his football team. He was awarded a full-ride to play football at UC Berkeley and continues to grow his business there today.
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