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3.15.2012

Sara Blakely, 41, creator and owner of the line of slimming, smoothing undergarments, is the youngest woman ever to make the Forbes list as a self-made billionaire.

I saw Sara Blakely interviewed on Good Morning America last week. She blew my socks off when she talked about her father; he asked her (and her brother) every night at the dinner table if she had failed at anything that day. When she said yes, he was thrilled. He encouraged failure! I love it...failure has always been such a dreadful - weak- word, but, now we have begun to see the consequence of that thinking...people are less creative, more constricted, fearful and self-conscious. Seeking peer approval, looking cool, and avoiding embarrassment has led to less spontaneity and rote learning. Read more about Miss Blakely below.
Forbes: Spanx inventor is youngest self-made female billionaire.  

March 09, 2012|By W.J. Hennigan, Los Angeles Times
Spanx inventor Sara Blakely is a billionaire at 41 years old, according to the annual Forbes magazine list of billionaires.
Blakely, the creator and owner of the line of women's and men's slimming, smoothing undergarments, is the youngest woman ever to make the list as a self-made billionaire, meaning she didn't inherit or marry into the money.
Spanx founder Sara Blakely at the Spanx Fall 2012 Fashion Week Presentation in New York in February.