Sara Blakely went from running an illegitimate underground babysitting business to founding Spanx and becoming a billionaire in the process. The crazy thing is that she only invested $5,000 into Spanx – Talk about an amazing return on investment!

With this trajectory she’s giving Warren Buffett a run for his money :)

But her road to riches wasn’t easy. She faced tons of challenges along the way. She even had to do a brutal door-to-door sales job to cover her living expenses while chasing her dream.

Check out this episode to learn how she did it. 

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Sources:

https://www.amazon.com/Spanx-Story-Underneath-Incredible-Blakelys/dp/1799734145

https://www.youtube.com/watch?v=FIFkHyLr8QQ&ab_channel=OWN

The Spanx Story: What's Underneath the Incredible Success of Sara Blakely's Billion Dollar Empire (The Business Storybook Series)

https://www.amazon.com/Spanx-Story-Underneath-Incredible-Storybook/dp/1400216117

https://www.wsj.com/articles/masters-of-scale-review-make-it-and-blitz-it-11631746266?mod=Searchresults_pos9&page=1

https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=Searchresults_pos7&page=1

https://www.wsj.com/articles/oprah-winfrey-reese-witherspoon-invest-in-spanx-11637250841?mod=Searchresults_pos3&page=1

https://www.forbes.com/global/2012/0326/billionaires-12-feature-united-states-spanx-sara-blakely-american-booty.html?sh=5bd7beb87ea0

http://www.mybaycity.com/scripts/p3_v2/P3V3-0200.cfm?P3_ArticleID=6852

https://web.archive.org/web/20131021224734/http://www.tallahasseemagazine.com/September-October-2007/Behind-the-Seams/

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.