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Shane Parrish

πŸ‘€ Speaker
17016 total appearances
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Appearances Over Time

Podcast Appearances

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

Military wives could maintain careers despite frequent moves.

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

Women in rural areas with limited job options could build businesses.

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

Women told they were too old or not educated enough or didn't have the right background could succeed purely on merit.

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

The numbers tell a remarkable story.

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

By the mid-1980s, more than 20 top sales directors were earning over $50,000 per year.

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

The median household income in America at the time was $23,000, and a dozen were earning over $100,000.

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

This was extraordinary incomes for women in an era when many corporations still had explicit policies against promoting women to senior management.

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

And Mary Kaye tracked other metrics too.

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

She found that divorced women in her sales force had significantly higher remarriage rates than the national average.

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

And she thought about this and she attributed this to confidence.

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

When a woman is earning her own money, supporting herself, achieving recognition, she becomes more confident and confidence is attractive.

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

She found that children of Mary Kay consultants were more likely to pursue higher education.

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

Their mothers could help them afford with their tuition, yes, but they also watched their mothers build something, overcome obstacles and achieve their goals.

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

And she found that the bankruptcy rate among her consultants was lower than the national average, suggesting the business provided genuine financial stability rather than get rich quick fantasies.

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

Mary Kay Cosmetics faced criticism as well.

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

Critics pointed out that most consultants made only a modest income, a few hundred dollars a month.

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

The top performers, sure, they were earning $100,000, but they were outliers and most treated it as a side hustle.

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

And that was true.

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

Mary Kay never promised everyone would get rich.

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

You earned what you needed based on how hard you worked.