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External Partners Alumni Search Submit Return to home Search Search About About Olin Home Why Olin Equity, Diversity & Inclusion Leadership & Strategy News & Media Events Contact Us Programs Programs Home Explore Our Programs BS in Business Administration MBAs Specialized Master's Doctoral Executive Education Dual Degrees Faculty & Research Faculty & Research Home Faculty Directory Research Research Centers Olin Brookings Commission Olin Award Student Resources Student Resources Home Career Services Center for Experiential Learning Entrepreneurship Academic Calendars Student Organizations For Current Students For Military Veterans Admissions Admissions Home Scholarships & Aid Attend Program Events Visit Olin Ask a Student Student Profiles Request Information Refer a Candidate External Partners Alumni Three takeaways from Build-A-Bear’s Maxine Clark November 26, 2018 By WashU Olin Business School 2 minute read Home News Three takeaways from Build-A-Bear’s Maxine Clark Maxine Clark, founder of St. Louis-based Build-A-Bear Workshop, kicked off the semester’s first Women & Leadership class with a story of her childhood. This is a selection of my three takeaways from her talk. It&＃8217;s OK to make mistakes Clark explained that her first-grade teacher, Mrs. Grace, was responsible for imparting a lesson Maxine has carried with her throughout her life: &＃8220;Learn from your mistakes.&＃8221; Every Friday, Mrs. Grace would hand out a red pencil to the student that made the most mistakes that week. Maxine Clark noted the uniqueness that for once it wasn&＃8217;t the brightest or quickest student that was rewarded, but one that had made mistakes. Taking this lesson forward, Clark was pleased to see that the retail industry also embraced mistakes. At her very first job in the executive training program at the May Company, she had the responsibility of marking down prices with a very similar red pencil. She thought, &＃8220;Wow, I&＃8217;m made for this job!&＃8221; As a student, whose value is measured often by test scores and grades, it&＃8217;s refreshing to remember that making mistakes leads to growth. Looking around the classroom, I saw many young women also relieved by the idea that mistakes can lead to success. Clark&＃8217;s words came at an important time as many of us are soon graduating and starting a new life chapter. Know what you don&＃8217;t know Clark proudly admits, &＃8220;One of my strengths is I know what I don&＃8217;t know.&＃8221; This acknowledgment helped her snag one an incredible promotion. As a new employee for the May Company, she was tasked with the job of traveling to Asia to pick out products for all of the May Company stores. Maxine knew immediately that she didn&＃8217;t know what the other stores would need. Without the support of her supervisor, she had to take it upon herself to travel to the Pittsburgh store to see their assortment. There, she ran into David Farrell, who would soon become the CEO. Impressed with her initiative, he continued a professional relationship, eventually promoting Clark to chief of staff. Knowing what she didn&＃8217;t know both allowed her to prove self-initiative and feel comfortable asking for help. Enjoy the journey Clark emanates passion. With exuberance, she described every project she was involved in. She ascribes much of her success to her passion and her ability to &＃8220;enjoy the journey.&＃8221; Starting with Build-A-Bear, she felt that she could pour all of her energy into the company&＃8217;s success and growth because she felt so passionate. Today, she invests her energy in projects surround education, women in business, and the St. Louis community. Pictured above:&＃160;Maxine Clark, founder of the Build-A-Bear Workshop, speaking in 2013 during Olin Business School&＃8217;s Defining Moments lecture series.&＃160;Photo by Jerry Naunheim Jr. Sarah Podolsky wrote this article for the Olin Blog. Enjoy the journey Starting with Build-A-Bear, [Clark] felt that she could pour all of her energy into the company’s success and growth because she felt so passionate. Build-A-Bear Workshop store at Mall of America, MN. About the Author WashU Olin Business School Firmly established at the Gateway to the West, Olin Business School at Washington University in St. Louis stands as the gateway to something far grander in scale. The education we deliver prepares our students to thoughtfully make difficult decisions—the kind that can change the world. Contact Us For assistance in finding faculty experts, please contact Washington University Public Affairs. Monday&＃8211;Friday, 8:30 to 5 p.m. Sara Savat, Senior News Director, Business and Social [email protected] &＃160; Kurt Greenbaum,Communications [email protected] Twitter: WUSTLnews Share article Apply Now Visit Us Request Info One Brookings Drive, St. Louis, MO 63130-4899 [email protected] 314-935-7301 News & Media Events Faculty Directory WashU Center for Career Engagement Washington University home Olin Links Sitemap Privacy Policies Title IX Accessibility ©2024 Washington University in St. Louis