From Gold 001 to Business Success 101: Here's a name you won't forget in the aesthetic landscape!
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For this article, let’s put the spotlight on an empowered female business owner, leader, and visionary. Keep reading below to learn more about her. From Gold 001 to Business Success 101: Here's a name you won't forget in the aesthetic landscape! Imagine a world where beauty is no longer confined to rigid standards… … where pigments explode with creativity… … and where a single woman can redefine an entire industry. Too good to be true? Allow us to tell you what: This is NOT a fantasy! In fact, it’s a reality sculpted by Pat McGrath, the self-taught makeup maestro who built an empire out of pure passion, talent, and an unrivaled understanding of branding. Her rise to dominance in the beauty industry is not just a tale of artistry but a masterclass in marketing, innovation, and strategic storytelling. With her eponymous brand, Pat McGrath Labs, she has disrupted a saturated market, turned limited-edition releases into cult phenomena, and scaled her vision into a billion-dollar powerhouse. … but how did she do it? Today, you’ll learn more about that and so much more! The Journey of a Beauty Visionary
McGrath’s story begins far from the glamorous fashion weeks and luxury counters that now bear her name. Born in Northampton, England to a Jamaican immigrant mother, she grew up surrounded by a love for beauty and self-expression. Her mother, a devoted lover of fashion and makeup, introduced her to the transformative power of cosmetics. Without formal training, McGrath honed her craft through experimentation, playing with colors, textures, and techniques that would later become her signature style. Her breakthrough came in the early 1990s when she started collaborating with legendary fashion photographer Steven Meisel. Her boundary-pushing makeup looks graced the pages of Vogue and other high-fashion editorials, establishing her as a visionary artist. By the 2000s, McGrath was not just a backstage force at fashion weeks but the go-to creative director for global beauty brands. This enabled her to shape the industry’s aesthetic landscape. Then, after decades of working behind the scenes, McGrath launched her own beauty brand, Pat McGrath Labs, in 2015. Unlike conventional makeup brands that introduce full product lines, she took an unconventional route: releasing limited-edition pigments and formulas that quickly became collector’s items. Her approach fused exclusivity, artistry, and digital engagement, making every product launch feel like an event rather than just another item on a shelf. The impact was immediate. The brand’s first release, Gold 001, a high-shine metallic pigment, sold out in six minutes. From there, McGrath strategically expanded her line, offering a range of lipsticks, foundations, and eye palettes that combined luxury with innovation. By 2018, Pat McGrath Labs had secured a USD 60 million investment from European asset management company Eurazeo Brands, boosting the makeup brand’s valuation to over USD 1 billion. Pat McGrath: A Marketing Genius McGrath’s meteoric rise was no accident. Her marketing strategies are a blueprint for success in any industry… and here’s why:
So, now that you know the things that made McGrath successful in her niche, the next question is: “What business and marketing lessons can we learn from her?”
As McGrath continues to push the boundaries of beauty, she is cementing her legacy beyond makeup. This year, she is set to debut as the creative director for Louis Vuitton’s first-ever beauty line, La Beauté Louis Vuitton —further proving that her influence knows no bounds. Congratulations, McGrath! *Claps* For entrepreneurs, marketers, and business leaders, McGrath is more than just a beauty mogul. She is a masterclass in how to disrupt an industry, build a cult following, and turn passion into a billion-dollar empire. In a world where branding is everything, she has shown that the best marketing doesn’t just sell a product; more than that, marketing tells a story that people want to be a part of. Get inspired with McGrath’s playbook for success as you elevate your brand! Hope you’ve found this week’s topic interesting and helpful. EXCITING NEWS AHEAD The world of work has shifted, and there’s no going back. The barriers to entry have never been lower for talented professionals to work independently, and today’s massive external workforce is hardly a pandemic-produced fad. Business owners can only survive in the new work landscape by partnering with this deep talent pool. With decades of experience in both small-business entrepreneurship and executive management at PwC, I truly believe that the future of work is independent. With that, I’m happy to share with you that my book, co-authored with Walter Scott Lamb, is now available on Amazon! Free Birds Revolution: The Future of Work & The Independent Mind This new bestseller is an essential read for both independent professionals and corporate executives. Here, we provide educational and practical guides to unpack the ever-growing workforce and offer you crucial ways to become a client of choice. Click on the link above to order your copy. Let this bestselling book help you future-proof your career and organization in the new world of work. Stay tuned for next Monday’s Marketing Marvels! In the early days of the Internet, search engines operated in much more different ways than they do today… that is until Sergey Brin and his partner changed everything. Learn more about Larry Page in next week’s article! |

Miles Everson
CEO of MBO Partners and former Global Advisory and Consulting CEO at PwC, Everson has worked with many of the world's largest and most prominent organizations, specializing in executive management. He helps companies balance growth, reduce risk, maximize return, and excel in strategic business priorities.
He is a sought-after public speaker and contributor and has been a case study for success from Harvard Business School.
Everson is a Certified Public Accountant, a member of the American Institute of Certified Public Accountants and Minnesota Society of Certified Public Accountants. He graduated from St. Cloud State University with a B.S. in Accounting.