"For every failure there's an alternative course of action. When you come to a road block, take a detour." Mary Kay Ash
Mary
Kay Ash was born on the 12th of May 1918. She got married at the young
age of 17 and while her husband fought in the 2nd World War, she sold
books from door to door. She later developed her skills as a sales
person.
In 1939,
Ash became a sales person for Stanley Home Products, hosting parties to
encourage people buy their household items. She was so good at It,
World Gifts, another company bought her over in 1952. Ash spent over a
decade there but protested when yet another man she had
trained was promoted over her and placed on a higher salary. She quit the job.
Following her bad
experience at her work place, in 1963 she decided to create a business
of her own, she was 45 at this time. She started the business with an
initial investment of $5,000, purchasing skin lotions. Her son, Richard
Rogers opened a small shop in Dallas and had 9 sales people working for
her. Today there
are over a million sales representatives.
The
company turned a profit in its first year and sold over a million
products in its second year. Her cosmetics were sold through home
parties and other events. She had no territories for her sales people.
She believed in a golden rule, "treat others as you want to be treated"
and operated with the motto, "God first, Family second and Career
third". She wanted everyone in her organisation to partake of its
success, the sales people were called consultants. The consultants had
the right to buy products from the company direct and sell to retailers
making them earn from the third party. Her marketing skills and
people savvy helped the business become very lucrative. The business
went public in 1968 but was bought back by Mary Kay Ash in 1985. The
company remained successful with its annual turnover exceeding
2.2billion dollars. Centred in the business was Mary Kay Ash's
enthusiastic personality. Her most loved colour was pink and she gave
her top earning consultants pink Cadillacs annually. She once said,
"People are a company's greatest asset".
She
wrote several book about her experience, her autobiography, "MaryKay"
sold over a million copies in different languages, "The success story of
americas most dynamic woman"(1981), "People Management(1984) and "You
can have it all"(1995) it achieved a bestseller status within two months
of introduction. She stepped down as CEO in 1981 but still played a
very active role in the company. She established MaryKay Charitable
Foundation in1996 to support cancer research on cancers affecting women
and efforts to end domestic violence.
In 2000, she was named the most
outstanding woman in business in the 20th century by lifetime TV, she
was also recognized in US Business Hall of Fame in 1996. She died
November 22nd, 2001 in Dallas, Texas. At the time of her death, the
company had covered over 37 countries with over 800,000 representatives
and sales on retail over $2 billion. She was honoured as a leading
entrepreneur in American history. She'll forever be remembered as a
woman who began from scratch took others along with her idea and created
opportunities for millions of people.
"Most people live and die with their music still unplayed. They never dared to try" Mary Kay Ash
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