Sara Blakely, founder of Spanx, describes visiting North Carolina hosiery mills while trying to find a manufacturer for her prototype.
Assertion Not checkable as stated
Blakely Paid Friends to Fake Retail Momentum at Neiman Marcus
“First of all, I paid people basically friends to go buy the product and create a buzz about it because I was like, you know, I gotta have these things move off the shelf or the buyer's not gonna give me any more chance.”
Insight
Blakely: Keep Early Ideas Secret to Avoid Inviting Ego and Distraction
“I believe that ideas are the most vulnerable in their infancy, and it's instinct to turn to your right or left in that moment and tell a friend or tell your husband. And you know, when you do that, instantly ego's invited into the mix, and then you end up spen…”
Assertion Not checkable as stated
Blakely Secretly Put Target Envelope Stands at Neiman Marcus Registers
“Well, I went to Target, and I bought stands, you know, for envelopes. And I ran around the store and put them at every cash register, and everybody thought somebody else approved it, so they kept them there for a while.”
Assertion Not checkable as stated
Blakely: Paid friends to buy Spanx at Neiman Marcus to create buzz
“I paid people, basically friends, to go buy the product and create a buzz about it because I was like, you know, I gotta have these things move off the shelf or the buyer's not gonna give me any more chance.”
Assertion Not checkable as stated
Blakely: Placed Spanx displays at Neiman Marcus registers without authorization
“Well, I went to Target, and I bought stands, you know, for envelopes, and I ran around the store and put them at every cash register, and everybody thought somebody else approved it, so they kept them there for a while.”
What-if
Blakely: Spanx wouldn't exist if she shared the idea too early
“And I think, I really believe, Guy, that had I heard that in the minute that I had the idea and cut the feet out of my pantyhose, I really think I would Not have started Spanx.”