Founders: #217 Estée Lauder
What I learned from rereading Estée Lauder: A Success Story by Estée Lauder. Watch Runnin' Down a Dream: How to Succeed and Thrive in a Career You Love by Bill Gurley. ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ----[21:14] I sometimes wonder if I had set my heart on selling tassels, cars, furniture, or anything else but beauty, would I have risen to the top of a profession? Somehow I doubt it. I believed in my product. I loved my product. [32:07] Risk taking is the cornerstone of empires. No one ever became a success without taking chances.[39:24] I was single-minded in the pursuit of my dream.[44:38] Despite all the naysayers, there was never a single moment when I considered giving up. That was simply not a viable alternative.[55:59] We took the money we had planned to use on advertising and invested it instead in enough material to give away large quantities of our products. [1:02:20] Never underestimate the value of an ally. Today they call it networking—this sharing between colleagues. It is one of the m
[00:00:00] You never realize that you're making a memory at the moment something's actually happening. Stranger still, the strongest memories are those you never dreamed would survive and would be inextricably linked to your future. Momentous happenings can lie buried in the past while tiny, needle-sharp split seconds sometimes stay with you forever. They happen in a moment and they tug at your memory endlessly. They live, always, just below your consciousness. I remember the woman at the Florence Morris Beauty Salon where I had my first cosmetics [00:00:32] concession. She was thoughtless…
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