Val Hill and Jared Lee first met while getting their MBAs at Brigham Young University in Utah back in the 1990s. The two became fast friends and vowed one day to go into business together. Before that would happen, both would spend more than 15 years at Intel — Hill in supply-chain management and Lee in software development. Then one day in 2005, Hill said they decided to revisit their business-school dream. At first they thought about buying and developing land. Then they began investigating whether they wanted to purchase a Subway or Quiznos franchise. Hill says nothing grabbed them — that is, until he came across Sport Clips.
The haircutting franchise caters to men and boys and offers what Hill calls "a little guy pampering."
"I liked the fact that they weren't looking for experienced hairstylists as franchisees," Hill said. "They wanted people with business experience, and that's what Jared and I had."