Uploaded on Aug 15, 2010
http://www.Yes941.com We have had some great selections of famous entrepreneurs presented to us. Today was no different. This part of the meeting reflects the diversity of this group and we get to hear people's choices. Usually we tend to pick someone we admire or someone related to our work we love.
Joel Gamso started his presentation with a question. What does PAUL MITCHELL look like? Someone said, "He looks like you, he has a goatee!" Joel explained that his famous entrepreneur, like he, wore a goatee and preferred to be dressed casual.
He was actually born Cyril Thomas Mitchell. When he was 16 years old, he started a beauty school and he won several competitions.
Later on he joined the famous Vidal Sasson and became one of the best known stylists in London.
In 1966, Paul Mitchell left Sasson and came to open salons in the US. He formed a partnership with John Paul DeJoria, each putting down $350 to start a professional hair care line. Their first product was a hair sculpting lotion. Together, they sold hair product door-to-door in Los Angeles and lived in a van.
Today, annual sales for the company are 700 Million, with a management team of 130 people. In 25 years, they have replaced only 15 people.
Established 30 years ago, the Paul Mitchell network is nearly 100,000 salons strong and in 81 countries worldwide, and every professional hairdresser knows the Paul Mitchell name. "Now, with the arrival of Paul Mitchell beauty schools, we've taken the world of cosmetology education by storm." Currently there are a total of 104 beauty schools in the country.
There is a very strong culture in the Paul Mitchell beauty schools, which focuses on the community. Each year, thousands of Future Professionals and staff members from Paul Mitchell Schools donate their time, talent, and energy to support a variety of charitable causes. In the past seven years, our annual "FUNraising" campaign has raised over $4.6 million!
The company is also very conscious of the environment. They partnered with American Forests (an international non-profit organization). They fund the planting of enough trees to offset all carbon emissions produced by the manufacture and distribution of the Tea Tree brand. Paul Mitchell is always looking out for our furry friends. In 1987, they became the first professional beauty company to announce that they don't conduct or endorse animal testing.
Paul Mitchell passed away in 1989 at the age of 53, suffering from pancreatic cancer. Today, his son Angus Mitchell -- Co-owner & Artistic Director and CEO John Paul DeJoria are carrying on the "Paul Mitchell" empire and its tradition.
"Success unshared is failure!" ~ John Paul DeJoria
Read more at http://www.paulmitchell.com/OurStory/...
Joel, we thank you for stepping up to the plate and to have given us a great presentation of a true entrepreneur you admire.
You can find Joel at the A Nu U Salon in Sarasota, FL
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