The Burnouts with Phoebe & Sophia cover image

The Burnouts with Phoebe & Sophia

How Sara Blakely went from fax machine sales to Forbes billionaire

May 2, 2025
Sara Blakely, the innovative founder of Spanx, joins the conversation to share her inspiring journey from selling fax machines to becoming a billionaire. She reveals her unique mindset hacks that sparked the creation of Spanx and discusses the importance of trusting the universe for signs—one of which came from Oprah! Sara candidly shares lessons on hiring, firing, and knowing when to pivot in business. With stories of her crazy hustles, she emphasizes the significance of confidence and resilience for aspiring entrepreneurs, especially women.
41:07

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Innovative solutions in product development often emerge from challenging traditional methods, as exemplified by Sara Blakely's creation of Spanx.
  • Investing in personal mindset development is crucial for overcoming self-doubt and achieving success in the competitive business landscape.

Deep dives

Innovative Mindset and Problem Solving

Having a willingness to challenge the traditional methods can lead to innovative solutions in product development. The journey of creating Spanx exemplified this, as the founder utilized her own discomfort with existing undergarments to engineer a better product. Despite lacking formal training, she relied on her intuition and personal experiences, demonstrating that not knowing the standard procedures could be an advantage. This approach highlights that true innovation often arises from doing things differently than established norms.

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