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Shane Parrish

👤 Person
14032 total appearances

Appearances Over Time

Podcast Appearances

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

Follow through worked.

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

Writing it down worked.

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

Treating customers like relationships instead of transactions worked.

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

She had a method, and that method got results.

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

Then she discovered recruiting.

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

Stanley Home Products offered small commission percentages on sales made by people you recruited to become salespeople as well.

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

So most dealers ignored this because the percentages were so tiny.

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

But Mary Kay understood the mathematics of scale.

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

If she recruited 10 people who each sold $500 a month, that was $5,000 in sales generating 100 to 150 in commissions for her.

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

But if she recruited 50 people or 100, those small percentages compounded into real money.

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

So she started recruiting systematically.

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

She wasn't aggressive about it.

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

But at the end of successful parties, when women asked, could I do what you do?

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

She'd say yes and then share everything she'd learned.

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

Over time, she recruited about 150 women as salespeople.

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

She was building a huge network.

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

Each of those 150 women had their own customers.

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

They threw their own parties and they had their own recruits.

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

And Mary Kay earned a small percentage from all of it.

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

And this is where she learned the fundamental architecture of multi-level marketing.