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Mary Kay Ash Charitable Foundation

Company Information

Created a cosmetics empire in direct sales and empowered other women to succeed

Over the years, there have been many successful business leaders but none as unique as the legendary Mary Kay Ash, founder of Mary Kay Inc. Even though she passed away in 2001, her words of wisdom and life lessons continue to inspire and remain a source of encouragement around the world. Mary Kay Ash left an indelible mark on American business and on opportunities available to women.

 

 

Growing up in Houston, Texas, Mary Kathlyn Wagner, born on May 12, 1918, began building a foundation for believing in herself. At age seven, she cared for her seriously ill father while her mother worked 14 hours a day in a Houston restaurant. Mary Kay cooked, cleaned, brought home straight-A report cards, won trophies in typing and debate, and outsold every other student from Girl Scout cookies to school-event tickets. “My mother’s words became the theme of my childhood,” she said. “They have stayed with me all my life: ‘You can do it.’”

As a mother with three children of her own to support, Mary Kay sold part time while taking premed courses at a local college – until an aptitude test showed her selling ability outranked her science ability. After deciding to tackle sales full-force at Stanley Home Products, a direct sales company, she began her success story starting with weekly sales goals written in soap on her bathroom mirror. By scheduling three home-demonstration appointments a day, Mary Kay won so many sales awards she had to cram them in a box in her closet. She broke even more sales records at a company called World Gift, where she became national training director. But eventually, as the male colleagues she’d trained were promoted ahead of her – and at twice her salary – Mary Kay had had enough. After 25 years in direct sales, she retired.

Retirement in 1963 lasted all of one month. “To me, work and growth were the same thing,” she said. Within a week, she started writing a how-to career book for women. The book then turned into a marketing plan for a “dream company.” “Before long,” Mary Kay said, “I began asking myself, ‘Why are you theorizing about a dream company? Why don’t you just start one?’” After buying a formulation for a skin care cream she had been using, Mary Kay enlisted her husband to handle operations and began recruiting friends to be independent beauty consultants for the venture she called “Beauty by Mary Kay.”

The launch almost didn’t happen. Mary Kay’s husband died suddenly just a month before the scheduled opening. But strengthened by the encouragement of her two sons and daughter, Mary Kay formally launched her company on Friday, September 13, 1963. She wrote, “I knew I would never have a second chance to put my dream into action.” Based on the principle, “The more you give, the more you receive,” the Company ended the year with a profit. In the first calendar year, sales reached $198,000. Within five years, the cosmetics powerhouse went public and then became private again in 1985. Mary Kay Inc. today remains one of the largest privately held firms in the United States. Mary Kay is fondly remembered for creating an award system designed specifically for women, including expensive feminine items and the famous pink Cadillac.

The true aim of Mary Kay Inc. has always been to enrich women’s lives – through recognition, motivation, support and, of course, earning opportunities. For more than four decades, Mary Kay Inc. has been considered one of the finest business opportunities for women. More than 400 women worldwide have attained the position of Independent National Sales Director and have average annual incomes well into six figures. More than 200 in the United States have earned commissions in excess of $1 million.

In 1980, Mary Kay’s husband, Mel, died of cancer. Having witnessed his suffering, she became committed to the fight to find a cure. Involved in fundraising for more than 20 years, she established the Mary Kay Ash Charitable Foundation, http://www.mkacf.org/, a nonprofit foundation that provides funding for research of cancers affecting women. In 2000, her Foundation expanded its outreach to include violence against women. Mary Kay authored three books, all of which became bestsellers. Her autobiography, Miracles Happen, has sold more than 2 million copies and appears in several languages. Her business philosophy, presented in her book Mary Kay on People Management, continues to be a great source of wisdom and has been included in business courses at renowned business schools like Harvard and the Wharton School. Mary Kay Ash’s third book, You Can Have It All, launched in August 1995, and remarkably achieved best-seller status within days of its introduction. Her speeches and quotes continue to inspire the women of the Mary Kay independent sales force and people around the world.

Throughout her life, “The extraordinary thing,” says Chairman and CEO Richard Rogers, son and co-founder, “was the way Mary Kay caused people to believe in themselves.” All of which Mary Kay traced back to her mother, “the best possibility thinker I ever knew.” Mary Kay’s mother would call her daughter from work, often signing off with, “You can do it, Mary Kay.” Today her company and philanthropy still live by that message. “If you think you can,” goes the Mary Kay philosophy, “you can. And if you think you can’t, you’re right.” Mary Kay Ash died on Thanksgiving Day 2001. At the time of her death, Mary Kay Inc. had over 800,000 representatives in more than 30 markets. Currently, the independent sales force numbers more than 1.6 million and the Company’s annual sales exceed $2.2 billion.


 



In the U.S. in 2005, Mary Kay was the best-selling brand in the combined categories of facial skin care and color cosmetics, as well as the best-selling brand in the individual categories of facial skin care; lip color, which includes lipstick, lip gloss and lip liner; and eye makeup remover. Based on the most recent industry sales data according to Kline & Company, Inc.'s "Cosmetics & Toiletries USA 2005" study.

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