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FoundersAugust 18, 2024

#361 Estée Lauder

About This Episode
Warren Buffett and Charlie Munger said it was a crime that more business schools didn't study Henry Singleton. I think it's a crime that more entrepreneurs don't study Estée Lauder. She is one of the best founders to ever do it. This is the story of how she went from a childhood obsession, to a single counter in a beauty salon, to a multibillion dollar empire. This is my third time reading this book. It gets better every time I read it. This episode is what I learned from rereading Estée: A Success Story by Estée Lauder. ---- Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ---- Build relationships with other founders, investors, and executives at a Founders Event ---- Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ---- Join my free email newsletter to get my top 10 highlights from every book ---- Follow Founders Podcast on YouTube (Video coming soon!) ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- 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. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast
Book Mentions
6 book mentions in this episode.
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Books Mentioned

Money Masters of Our Time cover

I'm reading this book called Money Masters of Our Time, written by John Train, and there is a chapter on Warren Buffett in here.

ASIN: N/A
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Estee Lauder: A Success Story cover

It's the autobiography of S. Day Lauder. The book is called S. Day, a success story, and it was published almost 40 years ago.

ASIN: 0394551915
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Scientific Advertising cover

Claude Hopkins wrote this book called scientific advertising. His boss thought the book was so valuable that he locked it in a safe for 20 years because he didn't want his competitors to have access to the ideas.

ASIN: N/A
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Estee Lauder cover

The excerpt discusses Estee Lauder's journey in building her cosmetics business, including personal anecdotes and insights into her entrepreneurial spirit.

ASIN: 0394551915
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Coco Chanel cover

Estee Lauder had studied Coco Chanel. She quotes Coco Chanel multiple times in this book.

ASIN: 1668054493
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Chanel number five cover

At the point she's writing this book, Coco Chanel's perfume Chanel number five is wildly popular.

ASIN: 1838510397
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