By 1967, Liquid Paper was a million-dollar enterprise. Its non-linear structure and surrealism would profoundly influence MTV videos. But she was also a budding product marketing genius: Over several decades, she identified a need in the market, organically grew her business, staved off competition, and bootstrapped her way to a $47.5m exit $173m in todays money. In 1976, the Liquid Paper Corporation turned out 25 million bottles, while the company spent $1 million a year on advertising alone. As chronicled by Forbes contributor Tanya Tarr, Graham left behind much more than a fortune. Share. At first, Nesmith didnt want to venture into a secretarial job; she loved arts including painting and drawing. She took the paint with her to the office which made her work easier than usual. [2], Her only son, musician Michael Nesmith (best known as a member of The Monkees), inherited half of his mother's estate of over $50 million. After work one day, she went to the library and looked up a recipe for tempera an age-old, water-based paint. Try again please.

'); UET stores this data in a first-party cookie. With Overlooked, were adding the stories of remarkable people whose deaths went unreported in The Times. wrappingDiv, We also use third-party cookies that help us analyze and understand how you use this website. className, It stores the last sync time to avoid continually repeating the syncing process. This cookie is set by Hotjar. It was here that she went to work as a secretary in Texas. She applied that high standard to building an inclusive organization and taking care of and supporting employees, too. LPC had arrived as a global product that enjoyed nearly all of its market share. It appears to be a variation of the _gat cookie which is used to limit the amount of data recorded by Google on high traffic volume websites. setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-s1', 's1', ''); error.innerHTML = error_message; } Stephen Stills and Paul Williams were among those who did not make the cut, as were Danny Hutton (of Three Dog Night) and Harry Nilsson. With growth came doubts but she persisted. While Bette Nesmith Graham did not win any awards, but she sure was one of the most successful female entrepreneurs of her era. This cookie is set due to Twitter integration and sharing capabilities for the social media. var subForm = wrappingDiv.getElementsByClassName('email-submission')[0]; The _omappvs cookie, used in conjunction with the _omappvp cookies, is used to determine if the visitor has visited the website before, or if it is a new visitor. For Graham, the parting was a blessing in disguise. Afterward, she came to accept that her invention would come to help the world and beyond.