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https://www.forbes.com/sites/denizcam/2020/11/20/never-make-a-big-decision-without-a-woman-at-the-table-and-other-lessons-from-cosmetics-billionaire-leonard-lauder/?sh=44c75f86712f

Never Make A Big Decision Without A Woman At The Table-And Other Lessons From Cosmetics Billionaire Leonard Lauder

2020-11-20 00:00:00, Deniz Çam, Forbes

Content Categorization
/Beauty & Fitness/Face & Body Care/Make-Up & Cosmetics

Word Count:
1063

Words/Sentence:
21

Reading Time:
7.09 min

Reading Quality:
Intermediate

Readability:
11th or 12th

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Here are five takeaways from Leonard Lauder's new book:

Choose the people you work with wisely-and make sure there's a woman at the table.

"The world is full of people smarter than me and I don't have to be the smartest person in the room to have worth," Lauder writes.

The elder son of makeup maven Estée Lauder, 87-year-old Lauder reflects on his legacy and the company he helped grow into a multibillion-dollar global giant.

Patrick McMullan via Getty Images

Starting from when he was a toddler-Lauder writes in his newly released memoir, Company I Keep-he watched his mother (later joined by his father, Joseph) build the Estée Lauder cosmetics brand, which she dedicated to making women feel special.

Today, 29 brands-including MAC, Bobbi Brown and Clinique-are under the umbrella of publicly traded Estée Lauder Cos., whose products are sold in 150 countries.

Lauder says when he wanted to buy a 51% stake in professional makeup brand MAC in 1994, which is now fully owned by Estée Lauder, there was "100% opposition" from his fellow executives.

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