Estée Lauder was the founder of Estée Lauder Companies Inc., famous for its prestigious skincare, makeup and fragrance products. Estée Lauder started her company with the belief there are no unattractive women, only women who don’t care. Lauder, through her products and belief, changed the face of the beauty industry. Check out some incredible life lessons to learn from this beauty mogul to motivate you.
Life lessons to learn from Estée Lauder
1) Age is just a number
Estée Lauder was a teenager when she started her own business of selling beauty creams made by her uncle, Dr. John Schotz. She sold the creams to her classmates and eventually, at beauty salons. Lauder used business tricks and started handing out free products in an effort to increase sales. The important lesson to learn here is no matter what your age is, you can become successful with your ideas, determination and hard work.
2) Believe in yourself and your ideas
Estée Lauder truly believed the world would be a better place if everyone bought her products. According to her, “A person has to love her harvest if she’s to expect others to love it.” Lauder believed in herself and the ideas she had for her Company. Although it was quite uncommon for women to start their business in the 1940s, Lauder stood her ground in the corporate world and focused on achieving her goals. In the entrepreneurial world, it is very important to believe in oneself and one’s ideas, in order to achieve any kind of success.
3) Working hard is the key to success
Estée Lauder was not born to a rich family. In fact, she started her business from her kitchen and with hard work, built her billion dollar company. Lauder famously said she did not become successful by wishing and hoping, but by working hard. If you have some great ideas, work hard towards making them a reality, instead of waiting for a golden opportunity.
4) Rejection is a great motivator
After her product was rejected by the manager of Europe’s largest department store, Lauder spilled a bottle of her perfume on the floor in order to attract people to her product. She was eventually offered a contract by the manager of the store, after people started showing interest in her product. Estée Lauder, instead of accepting defeat when faced with rejection, quickly found a way to achieve what she wanted. In the process, she taught us to take rejection in a positive way.
5) The power of creativity
Estée Lauder was a creative person and her creative marketing tactics were the reason her Company became so successful. When her Company was small and did not have any money to hire an ad agency, Estée came up with the idea of giving away free samples with each purchase. This technique proved to be a success and brought in thousands of new customers. She revolutionized the entire beauty industry with this technique, which has been adopted by many companies ever since.
Estée Lauder spent all her life working on her dream and in the process, became a role model to many. If you think we missed out on any other life lessons by Estée Lauder, comment below and let us know.
Wacky Stories About Entrepreneurs
The world of business is quite serious and can seem intriguing at times. However, there are many people out there who proved entrepreneurs can have some really interesting personalities. Here is a list of four crazy things famous entrepreneurs have done.
Wacky stories about famous entrepreneurs
1) Nicolas Berggruen
Famous philanthropist and investor Nicolas Berggruen avoided buying a house for years. He preferred to travel and stay at various hotels all over the world. This unique lifestyle earned him the nickname of “the homeless billionaire.” However, Berggruen decided to settle down and bought a house worth $ 40 million in 2017.
2) Yoshiro Nakamatsu
This Japanese inventor is credited for inventing many things like the floppy disk, jumping shoes with leaf springs and a wig for self defense. He has more than 3,357 inventions to his name. In many interviews, Nakamatsu said underwater diving gives him the best ideas. He also claims to get best ideas when he spends time in his “calm room” made up of 24 karat gold. Nakamatsu also predicts he would live till the age of 144.
3) Steve Jobs
Steve Jobs, the brilliant mind behind the famous Apple Inc., was also a bit eccentric. He was known to be a perfectionist, however, he did many things which are considered crazy. He would soak his feet in toilets in order to relieve stress. At one point, he ate so many carrots, his skin turned orange. He also stopped taking showers after starting a meat free diet, as he believed the diet would help his body not to produce any body odor.
4) Robert Graham
The American entrepreneur, known for developing shatterproof plastic eyeglass lenses, was also an eccentric person. He reportedly opened a sperm bank for geniuses, where donation was expected only from Nobel Prize winners. However, the idea did not work out well.
Which of these crazy stories about famous entrepreneurs surprised you the most? Comment below and let us know.
Yakult Unknown Facts
Yakult, the famous Japanese probiotic drink, is the perfect example of how an invention turned into a commercial success. Invented in 1936 by microbiologist Minoru Shirota, the product has gained popularity worldwide. The product is sold by Tokyo based Yakult Honsha, which is known for its innovative marketing ideas. The Company is now worth $ 10 billion, making it one of the biggest food companies in the world. Here are some unknown facts about Yakult.
Unknown facts about Yakult
1) The meaning of Yakult is yogurt. The word is derived from the word ‘jahurto,’ which means yogurt in Esperanto, a language created by L.L. Zamenhof in 1887.
2) Despite being a famous and successful brand, the bottle of Yakult is intentionally kept small by the Company. According to the Company, the reason behind such a small bottle size is, the drink is meant to be consumed immediately and not be stored for a long time.
3) Yakult Honsha employs women known as “Yakult Aunties,” who go from door to door, selling the Company’s products. As women channel natural empathy towards family, the Company prefers marketing their products this way, despite having means to other marketing strategies.
4) Apart from health drinks, Yakult Honsha also sells instant noodles, pharmaceuticals and beauty products, all of which are meant to fight cancer cells.
5) Yakult is available in the same flavor in every country except one. People in Singapore have access to three kinds of flavors—grape, apple and orange. Moreover, the size of the Yakult bottle also changes in different countries.
6) Yakult manufactures a moisturizer called Yakult PARABIO AC Moisturizing Cream, which is priced at $ 1,000 per bottle.
7) There are various types of Yakult sold exclusively in Japan, each meant for a different organ of the body. The Company’s Joie drink is intended to keep the large intestine healthy, while the regular version of Yakult is meant for protecting the small intestine.
Which of these unknown facts about Yakult surprised you the most? Comment below and let us know.
Lesser Known Facts About Burt Shavitz
Burt Shavitz is the co founder of the famous American personal care brand Burt’s Bees. Known as the world’s most famous beekeeper, his face has been gracing every product of the Company since its inception. Here are some lesser known facts about Burt Shavitz.
Lesser known facts about Burt Shavitz
1) As a child, Burt Shavitz once cycled 100 miles from his parents’ home at Great Neck, N.Y., to Montauk Point and used jails as a way of accomodation. According to Shavitz, the idea of spending the nights in jails was his mother’s. The police would always inform his mother about his whereabouts and with her permission, let Shavitz spend the night on a prison bench.
2) Shavitz was a famous photographer in Manhattan, but abruptly left the city life and moved to Maine. Here he lived as a self described “high-class hobo” and did odd jobs to make a living.
3) Shavitz eventually started beekeeping after accidentally stumbling upon a beehive in the woods. At one point, he had 26 beehives and called them Burt’s bees.
4) Despite being a millionaire, Shavitz preferred to live as a recluse on his 40 acre farm in Maine.
5) He had a simple lifestyle and lived in a farmhouse which did not have any electricity. He did not have any clocks around his house and scheduled his days around the sun. He would get up at daybreak and sleep when it was too dark to read.
6) Despite being a recluse, Shavitz was an international celebrity and would go on foreign trips where he would be greeted by screaming fans wearing bee costumes.
7) While Shavitz remained unlisted in the phone book, his two golden retrievers Rufus and Pascha had their names listed. His dogs were his only companions in life and Rufus passed away in Shavitz’s arms. Shavitz would Skype with Pascha during his international trips.
8) He met his future business partner, Roxanne Quimby on the roadside when Quimby was hitchhiking.
Which of these unknown facts about Burt Shavitz surprised you the most? Comment below and let us know.
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