Chapter
The Success Story of Paul Mitchell Hair Products
35:59 - 42:33 (06:33)
The co-founder of Paul Mitchell hair products, John Paul DeJoria, explains the company's focus on selling their products exclusively in salons, as opposed to drugstores or supermarkets, and how they convinced suppliers to work with them with net 30 terms.
Clips
The speaker discusses the importance of communication in business, particularly in being transparent with vendors and partners about financial limitations and plans.
35:59 - 37:30 (01:31)
Summary
The speaker discusses the importance of communication in business, particularly in being transparent with vendors and partners about financial limitations and plans.
ChapterThe Success Story of Paul Mitchell Hair Products
Episode#441: John Paul DeJoria — From Homelessness to Building Paul Mitchell and Patrón Tequila
PodcastThe Tim Ferriss Show
Palmiche beauty products only sell to salons due to their high-quality product and lack of advertising budget.
37:30 - 39:12 (01:41)
Summary
Palmiche beauty products only sell to salons due to their high-quality product and lack of advertising budget. Their success can be attributed to satisfied salon customers recommending the products to others to use at home.
ChapterThe Success Story of Paul Mitchell Hair Products
Episode#441: John Paul DeJoria — From Homelessness to Building Paul Mitchell and Patrón Tequila
PodcastThe Tim Ferriss Show
The story of how a sales strategy helped a struggling beauty products company gain a footing in the industry and become a top distributor by offering a discount in exchange for prompt payment and upfront orders.
39:12 - 42:33 (03:20)
Summary
The story of how a sales strategy helped a struggling beauty products company gain a footing in the industry and become a top distributor by offering a discount in exchange for prompt payment and upfront orders.