Biography section of mary kay

BIOGRAPHY SECTION By Daniel Enoma

MARY KAY ASHMARY KAY ASH

In 2004: Mary Kay Inc. is one of the largest direct sellers of skin care and color cosmetics in the

world, with 200 products and 1.1 million independent

consultantsWorldwide in more than 30

markets. Sales for 2003 totaled a record $1.8 billion

at wholesale level.

May 12, 1918: Born Mary Kathlyn Wagner in Hot Wells, Texas, outside of Houston. At age 7,starts taking care of her father, a tuberculosis victim, while her mother works full-time managing a restaurant.

1935: Marries Ben Rogers with whom she has three children. Marriage dissolves upon his return from World War II.

1963: A month before the opening of Mary Kay Cosmetics, second husband George Hallenback dies after suffering a heart attack at the kitchen table.

1966: Marries third husband, Mel Ash, who dies in 1980.

2001: Mary Kay Ash dies on Thanksgiving Day at age 83.

PERSONAL LIFEPERSONAL LIFE

EVOLUTION OF MARY KAY INCEVOLUTION OF MARY KAY INC

Early 1940’s: JoinsStanley Home Productsselling household goodsat parties in women’s home

mary kay at stanley home products

1953: Joins anotherdirect-sales company,World Gifts.

1957: Receives promotionto National TrainingDirector.

1963: Resigns fromWorld Gifts when a maleemployee she trained ispromoted over her attwice her salary.1963: Launches MaryKay Cosmetics latercalled Mary Kay Inc. On Friday, Sept. 13, with$5,000 of savings, the helpof her youngest child, 20 yrsRichard Rogers.

First Facility, 1963First Facility, 1963

ACTIVITIESACTIVITIES

1964: Holds first annual staff meeting for 200 sales people.

1968: Company goes public.

1969: Company awards first pink Cadillac's to its five top sellers.

1971: First international subsidiary opens in Australia.

1976: Company is listed on the New York StockExchange. 1979: Mary Kay Inc. surpasses $100 million in sales and first beauty consultant makes more than $1 million in commissions.

1981: Writes first of three books

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1984: First edition of the “100 Best Companies to Work For” features Mary Kay Inc.

1992: Mary Kay Inc. makes the list of Fortune 500 companies.

1993: Mary Kay Ash sets up museum to archive the stories of its sales force leaders and the company history.

1994: Operations expand into 22 markets.

1996: Mary Kay Ash Charitable Foundation is established to fund research on cancers affecting women.

1996: Mary Kay Ash suffers debilitating stroke.

1997: Operations opens in three different countries.

2000-2002: Company overhauls its cosmetics business with new packaging, formulations, and product forms.

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2001: Mary Kay Ash died on Thanksgiving Day at age 83.

LEADERSHIP LESSONSLEADERSHIP LESSONS

A focus on employees is at the heart of every successful companyMary Kay beauty consultants, as they are called, operate under Mary Kay beauty consultants, as they are called, operate under an elaborate system in which consultants receive commissions on an elaborate system in which consultants receive commissions on the sales of people they recruit into the company.the sales of people they recruit into the company.

Mary Kay Ash set up a corporate culture that emphasized, among Mary Kay Ash set up a corporate culture that emphasized, among other things, the importance of relationships and a sense of other things, the importance of relationships and a sense of inclusion.inclusion.

She gave job to the under-skilled women who were brought up to She gave job to the under-skilled women who were brought up to believe that family, not career, was their first priority.believe that family, not career, was their first priority.

Key Factors that Contributed to her Key Factors that Contributed to her Leadership SuccessLeadership SuccessA success of every leader lies on several factors and in the case of Mary Kay Ash Leadership Style, success and efficiency are said to be attributed to the following factors:

1. She realized that she has her needs and this gave her passion to lead and change people’s lives.

2. When it comes to growth, one factor that made her leadership successful and remarkable is the idea that knowing what you need to achieve can boost your full potential.

3. Her leadership and personal success is also attributed to her sincere commitment. She believes that you can only move forward if you let your commitment go. 4. Another factor that makes Mary Kay Ash Leadership Style efficient and successful is that this empowering woman knows how to lead.

QUOTESQUOTES

“When I meet someone,I imagine her wearing an invisible sign that says, ‘Make me feel

important.’ ”

MARY KAY

“My prime motivation for going into business was to help women. I wanted to provide opportunities for them to create better lives…and to realize their dreams."

THANK YOU