Last month, Sara Blakely, founder of Spanx, graced the cover of Forbes magazine with the honor of world’s youngest self-made female billionaire. She founded the company in 2000 with $5,000, not knowing anything about the pantyhose industry and never taking a business class, but as many entrepreneurs know, determination and intuition go a long way. And in Sara Blakely’s case, a great product will do the talking.
Spanx, an undergarment company known for their pieces that help slim the body, grew through introducing the product to stores and word of mouth, especially when it made the list of Oprah’s Favorite Things and was endorsed by many celebrities. Now, Sara Blakely owns 100% of the private company, has zero debt, has never taken outside investment and hasn’t spent a nickel on advertising.
As this video and many informative articles have shared, Sara Blakely’s journey to success was filled with many disappointments, but in the end, her strong belief in herself and her determination in rising above failure has helped her earn her success. In closing, here are some motivational points from the video:
- Failure is not trying not the outcome.
- Pick yourself up when you fail.
- Even in failure, there is a gift. Find the gift and believe in yourself.
How can you succeed if you view failure from a different perspective?