Meguiar’s
Car Wax: In Business for Ministry
By Joel
Kilpatrick
Courtesy
of Vanguard University Fall Magazine 2006
Barry
Meguiar, president and CEO of Meguiar’s Inc. and member of the
Vanguard University Foundation Board, has been a friend of Vanguard
for more than 30 years. Now this head of one of the world’s leading
manufacturers of appearance car care products has become a major
part of the university’s Vision 2010 capital
campaign.
Meguiar
was raised in a family with strong roots in church ministry and a
family business. His grandfather studied systematic theology while
starting the business of Meguiar’s Car Wax in 1901. Barry has worked
in the business since his grade school days, worked side-by-side
with his dad formulating products, served as the bookkeeper while in
college, and a sales manager as soon as he graduated, when annual
sales were stalled at $600,000.
The
business had always been focused on the car manufacturers, car
dealers, body shops and what are now called detailers. But Barry was
a car guy and discovered that Meguiar’s products were favored by
serious car enthusiasts. He says, “it was like a cult following.” He
viewed it as a big growth opportunity for the family to allow him to
pursue the consumer market.
His
story of taking a small family business into the mass consumer
market and eventually becoming the top brand of appearance car care
products in America is a story of miracles. In the 1980s, Meguiar’s
faced a watershed moment: whether or not to spend the millions of
dollars on network television that the mass retailers were demanding
for entrance on to their shelves. Barry, then 29, convinced a
skeptical board to go forward. “The decision put eighty years of
family business on the line,” he says. “If it didn’t work, we were
gone. But I continually prayed for guidance and God gave me the
confidence.”
The
risk paid off and Meguiar’s became a national brand of car care
products in the U.S. as well as a leading brand in over 50 other
countries. Barry is always quick to point out that the key to
success comes from honoring God in all you do. “It’s fascinating to
hear about the people and the resources that God has consistently
provided to Meguiar’s, right on time, over the last 30 years,” he
says.
Because
Meguiar’s products are formulated for professional and serious car
enthusiasts, their customers are fiercely loyal, giving Meguiar’s
the highest brand loyalty ratings in the
business.
“We
love everything we do and we do it with passion,” Barry
says.
As
a result, his family-owned business has enjoyed consistent
double-digit growth for over 30 years.
Barry
also operates Car Crazy Central, a media group focused on “exciting
and uniting serious car enthusiasts world wide.” He hosts Car Crazy
Television which airs year ‘round on Fox’s SPEED Channel, Car Crazy
Radio which airs nationally in 70 markets and carcrazycentral.com.
He also hosts the Meguiar’s Award, which honors the Person of the
Year for the Car Hobby, filling the Kodak Theatre in Hollywood with
3,500 people. The Meguiar’s Award is also awarded
in other countries from England to Thailand.
More
than anything else, Barry sees himself in full-time
ministry.
“For
me it’s the prayer of Jabez,” explains Barry. “My territory keeps
enlarging along with the opportunities for ministry. I have a fire
in my belly for reminding lay people that sharing our faith on a
daily basis is required of us by God, and the key to keeping us
spiritually healthy.”
Now
he is speaking out on behalf of a Christian university at a critical
time in its history. “The endowment must grow to become its strength
because endowments fund programs, pay for scholarships and allow top
faculty to be hired, all without touching the principal,” Meguiar
says.
Barry’s
success in business has enabled him to give of his time and
finances—all while recognizing that he would have nothing without
His Creator’s grace.