Female at office windo
AdobeStock

The Women Behind Spanx, Barbie, Pepperidge Farm, and Fenty

Ten founders who started without connections, capital, or industry experience, and what their paths had in common.

Madam C.J. Walker (hair care): Born Sarah Breedlove to formerly enslaved parents, she worked as a laundress before building a hair-care and beauty business in the early 1900s. She is often described as one of America’s first self-made female millionaires, and she trained an army of sales agents. The original historic company officially ceased operations in July 1981.

Sara Blakely (Spanx): She was selling fax machines door to door when she cut the feet off pantyhose and turned the idea into a shapewear brand. She started with about $5,000 and no fashion or retail experience.

Diane Hendricks (ABC Supply): She co-founded a roofing-supply distributor with her husband in 1982. After his death in 2007 she kept growing it, and it became one of the largest building-materials distributors in the US.

Zhou Qunfei (Lens Technology): She left rural Hunan as a teenager and started as a factory assembly worker in Shenzhen. She went on to found a maker of touchscreen glass for phones, reportedly supplying major brands including Apple.

Judy Faulkner (Epic Systems): She started a healthcare software company in Madison, Wisconsin in 1979, long before hospitals were digitized. Epic’s records system is now used by a large share of US hospitals.

Margaret Rudkin (Pepperidge Farm): She began baking whole-grain bread at home in the 1930s because her son had allergies and she wanted additive-free food. Demand grew until it became a national brand.

Estée Lauder (cosmetics): She started by selling her chemist uncle’s skin creams. She built a prestige beauty company on free samples, gift-with-purchase promotions, and personal selling in department stores.

Mary Kay Ash (direct-sales cosmetics): She left a long direct-sales career where she felt passed over for promotion and founded Mary Kay in 1963. She built it around a sales force of independent women consultants.

Ruth Handler (Mattel): She co-founded Mattel and created Barbie after noticing her daughter preferring adult-looking paper dolls over baby dolls. At the time, a doll with an adult body was a risky idea.

Rihanna (Fenty): A pop star who moved into beauty and lingerie. Fenty Beauty’s wide shade range reshaped industry expectations, and the brand helped make her a billionaire.

Several of these (Blakely, Hendricks, Zhou) are about starting in a field where the founder had no insider status. Others (Handler, Rudkin) are about noticing an unmet need as a customer or parent. Net worth figures change every year.

THANK YOU TO OUR BJTONLINE SPONSORS