Spanx: Sara Blakely (2017)

How I Built This · 3 Jul 2017 · 29m

What this episode covers

Sara Blakely, founder of Spanx, explains how she used $5,000 in savings to launch a footless pantyhose product after cutting the feet off her own control-top hosiery. She details her process of researching patents on USPTO.gov, writing her own patent application, and securing a manufacturer in North Carolina who was convinced by his daughters. Blakely describes her guerrilla sales tactics, including a pivotal bathroom demonstration at Neiman Marcus and a successful QVC appearance that sold 8,000 pairs in five minutes. She emphasizes her decision to retain 100% ownership of the company and avoid venture capital to maintain control over the brand's growth and messaging.

Mentioned

Companies
Neiman Marcus, QVC, Bergdorf Goodman, Target
Products
Spanx, Friendish
Materials
Lycra
Also
USPTO.gov, Oprah, Planet of the Apps

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