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Shane Parrish

πŸ‘€ Speaker
16897 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

When she'd moved cities, she'd lost her customer base and had to start over from scratch.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

Military wives face this constantly.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

So her solution to this was no sales territories.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

Consultants could sell anywhere, recruit anyone, keep their teams no matter where they moved, relocate from Dallas to Denver, and your commissions continued.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

This created collaboration instead of territorial competition.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

In most direct sales companies, consultants viewed each other as threats.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

At Mary Kay, they were potential teammates.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

A brief word on competition here for a second.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

Mary Kay was intensely competitive, but only with herself.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

She built that into her business model.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

The company held competitions constantly, but never where there could only be one winner, at least not at the start.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

They'd set high sales targets, and if everyone hit the target, everyone won the prize.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

So if 50 consultants all sold $5,000, then all 50 were celebrated.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

And this inverted the traditional competitive model.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

Instead of trying to beat each other, consultants helped each other succeed because someone else's success didn't diminish your own.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

And I think that's a key point.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

That's amazing.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

So another problem was she'd struggled to balance work with raising children, missing school plays for meetings and taking sick children to babysitters because missing work could cost you your job.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

The constant guilt she felt of failing at both work and motherhood.

The Knowledge Project
Mary Kay Ash: The Greatest Saleswoman In History [Outliers]

So her solution was you can set your own hours entirely.