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spanx, business, entrepreneurs

Spanx founder Sara Blakely surprised her employees with a trip for two to anywhere in the world.

It all started with a pair of white pants.

Sara Blakely was getting ready for a party in 1998 and couldn't find a pair of undies that looked smooth under her white pants. So she took a pair of scissors to a pair of control-top pantyhose and ended up creating the first rendition of what would become her billion-dollar business idea.

Just two years later, Blakely's Spanx undergarment brand was being touted on Oprah's Favorite Things list. Twelve years after that, Blakely graced the cover of Forbes as the world's youngest self-made female billionaire.

Not too shabby for a woman who sold fax machines door-to-door before some unsightly panty lines drastically shifted her life.

After founding Spanx with just $5000 of her own money, Blakely, now 50, just sold the majority stake in the business to investment firm Blackstone, with a valuation of $1.2 billion. Blakely isn't leaving or anything—she retains a significant share of the company, according to the Atlanta Journal-Constitution, and will become executive chairwoman once the transaction closes.

"This is a really important moment in time for female entrepreneurs," Blakely said of the deal in a press release. "I started this company with no business experience and very little money, but I cared the most about the customer, and that gave me the courage to launch the company."

Blakely also cares about her employees. Every conscientious businessperson understands that you can't grow a successful company without hard-working employees, but not every businessperson generously rewards the people who help build and maintain their success. Blakely does, however. Upon selling part of the company, she decided to share some of the wealth she gained with the 500+ people she employs.


"When I first started this company, I wrote down one goal," Blakely said in a video posted on her Instagram account. "I said this company will one day be worth 20 million dollars. And everybody laughed at me."

Blakely explained that Spanx had created success using "very feminine principles in a masculine space, which is business," which include leading with intuition and vulnerability. Then, after toasting the women who came before her and those who have not had the opportunity she's had, Blakely announced a surprise.

"This is a very big moment for each and every one of you," she said. "To celebrate this moment, I have bought each one of you two first-class tickets to anywhere in the world."

She also gave each employee $10,000 to spend wherever those tickets take them.

"I really want every employee to celebrate this moment in their own way and create a memory that will last them a lifetime! Cheers to 21 years of magic and many more to come," Blakely wrote on Instagram.

Talk about taking care of your employees. Phew.

According to the AJC, Blackstone will be leaving Spanx's executive management team in place. There is also a joint plan to create an all-female board of directors as the company grows.

Blakely's mission has been "to help women feel great about themselves and their potential," and she has used Spanx's success to help elevate women. The company's website highlights the female founders of companies and organizations bettering the lives of women around the world, and Spanx uses a portion of its products' proceeds to support their work.

The Spanx by Sara Blakely Foundation has also donated $5 million to boost female entrepreneurship. In partnership with GlobalGiving, the foundation established The Red Backpack Fund to help small woman-owned businesses, giving more than 1,000 female entrepreneurs a gift of $5,000—the exact amount Sara Blakely started Spanx with 20 years ago.

Congratulations to Sara Blakely for hitting yet another entrepreneurial milestone in an incredible self-made career, and congrats to her employees for being rightly rewarded for building her company's success.

Definitely more of this, please.

All images provided by Bombas

We can all be part of the giving movement

True

We all know that small acts of kindness can turn into something big, but does that apply to something as small as a pair of socks?

Yes, it turns out. More than you might think.

A fresh pair of socks is a simple comfort easily taken for granted for most, but for individuals experiencing homelessness—they are a rare commodity. Currently, more than 500,000 people in the U.S. are experiencing homelessness on any given night. Being unstably housed—whether that’s couch surfing, living on the streets, or somewhere in between—often means rarely taking your shoes off, walking for most if not all of the day, and having little access to laundry facilities. And since shelters are not able to provide pre-worn socks due to hygienic reasons, that very basic need is still not met, even if some help is provided. That’s why socks are the #1 most requested clothing item in shelters.

homelessness, bombasSocks are a simple comfort not everyone has access to

When the founders of Bombas, Dave Heath and Randy Goldberg, discovered this problem, they decided to be part of the solution. Using a One Purchased = One Donated business model, Bombas helps provide not only durable, high-quality socks, but also t-shirts and underwear (the top three most requested clothing items in shelters) to those in need nationwide. These meticulously designed donation products include added features intended to offer comfort, quality, and dignity to those experiencing homelessness.

Over the years, Bombas' mission has grown into an enormous movement, with more than 75 million items donated to date and a focus on providing support and visibility to the organizations and people that empower these donations. These are the incredible individuals who are doing the hard work to support those experiencing —or at risk of—homelessness in their communities every day.

Folks like Shirley Raines, creator of Beauty 2 The Streetz. Every Saturday, Raines and her team help those experiencing homelessness on Skid Row in Los Angeles “feel human” with free makeovers, haircuts, food, gift bags and (thanks to Bombas) fresh socks. 500 pairs, every week.

beauty 2 the streetz, skid row laRaines is out there helping people feel their beautiful best

Or Director of Step Forward David Pinson in Cincinnati, Ohio, who offers Bombas donations to those trying to recover from addiction. Launched in 2009, the Step Forward program encourages participation in community walking/running events in order to build confidence and discipline—two major keys to successful rehabilitation. For each marathon, runners are outfitted with special shirts, shoes—and yes, socks—to help make their goals more achievable.

step forward, helping homelessness, homeless non profitsRunning helps instill a sense of confidence and discipline—two key components of successful recovery

Help even reaches the Front Street Clinic of Juneau, Alaska, where Casey Ploof, APRN, and David Norris, RN give out free healthcare to those experiencing homelessness. Because it rains nearly 200 days a year there, it can be very common for people to get trench foot—a very serious condition that, when left untreated, can require amputation. Casey and Dave can help treat trench foot, but without fresh, clean socks, the condition returns. Luckily, their supply is abundant thanks to Bombas. As Casey shared, “people will walk across town and then walk from the valley just to come here to get more socks.”

step forward clinic, step forward alaska, homelessness alaskaWelcome to wild, beautiful and wet Alaska!

The Bombas Impact Report provides details on Bombas’s mission and is full of similar inspiring stories that show how the biggest acts of kindness can come from even the smallest packages. Since its inception in 2013, the company has built a network of over 3,500 Giving Partners in all 50 states, including shelters, nonprofits and community organizations dedicated to supporting our neighbors who are experiencing- or at risk- of homelessness.

Their success has proven that, yes, a simple pair of socks can be a helping hand, an important conversation starter and a link to humanity.

You can also be a part of the solution. Learn more and find the complete Bombas Impact Report by clicking here.

popular

Woman left at the altar by her fiance decided to 'turn the day around’ and have a wedding anyway

'I didn’t want to remember the day as complete sadness.'

via Pixabay

The show must go on… and more power to her.

There are few things that feel more awful than being stranded at the altar by your spouse-to-be. That’s why people are cheering on Kayley Stead, 27, from the U.K. for turning a day of extreme disappointment into a party for her friends, family and most importantly, herself.

According to a report in The Metro, on Thursday, September 15, Stead woke up in an Airbnb with her bridemaids, having no idea that her fiance, Kallum Norton, 24, had run off early that morning. The word got to Stead’s bridesmaids at around 7 a.m. the day of the wedding.

“[A groomsman] called one of the maids of honor to explain that the groom had ‘gone.’ We were told he had left the caravan they were staying at in Oxwich Bay (the venue) at 12:30 a.m. to visit his family, who were staying in another caravan nearby and hadn’t returned. When they woke in the morning, he was not there and his car had gone,” Jordie Cullen wrote on a GoFundMe page.

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Education

How a 3,800-year-old stone tablet helped create modern legal systems

'Innocent until proven guilty' isn't that new of a concept.

Kind of looks like the Matrix code...

The modern justice system is certainly not without its flaws, however most can agree that the concept of “innocent until proven guilty” is one that (when not abused) stands as the foundation of what fair due process looks like. This principle, it turns out, isn’t so modern at all. It can actually be traced all the way back to nearly 3,800 years ago.

historyLady Justice, the image of impartial fairness. Photo by Tingey Injury Law Firm on Unsplash

English barrister Sir William Garrow is known for coining the "innocent until proven guilty" phrase between the 18th and 19th century, after insisting that evidence be provided by accusers and thoroughly tested in court. But this notion, as radical as it seemed at the time, can, in fact, be credited to an ancient Babylonian king who ruled Mesopotamia.

During his reign from 1792 to 1750 B.C., Hammurabi left behind a legacy of accomplishments as a ruler and a diplomat. His most influential contribution was a series of 282 laws and regulations that were painstakingly compiled after he sent legal experts throughout his kingdom to gather existing laws, then adapted or eliminated them in order to create a universal system.

Those laws were inscribed on a large, seven-foot stone monument, and they were known as the Code of Hammurabi.

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Pop Culture

TikTok star's surprising method for finding good Chinese food is blowing people's minds

Yelp can be a helpful tool for scoping out food joints, but maybe not in the way you think.

Photo by Debbie Tea on Unsplash

Different cultures view service differently.

Content creator Freddy Wong has a brilliantly easy way to find authentic Chinese food.

As he reveals in a mega viral video that’s racked up 9.4 million views on TikTok and 7.7 million views on Twitter, the trick (assuming you live in a major metropolitan area) is to “go on Yelp and look for restaurants with 3.5 stars, and exactly 3.5 stars." Not 3. Not 4. 3.5.

He then backs up his argument with some pretty undeniable photo evidence.

First, he pulls up an image of a Yelp page from P.F. Chang’s. With only 2.5 stars, one can tell the food is “obviously bad.” Alternatively, Din Tai Fung—a globally recognized Michelin-starred Chinese restaurant—has four stars.

Sounds good right? Wrong. In this case, “too many stars” means that “too many white people like it,” indicating that the restaurant is being judged on service rather than food quality. According to Wong, if “the service is too good, the food is not as good as it could be.”

He then pulls up the Yelp page for a couple of local Chinese restaurants, both of which have 3.5 stars. The waiters at these establishments might “not pay attention to you,” he admits, adding that they might even be “rude.” But, Wong attests, “it’s going to taste better.”

@rocketjump

Why I only go to Chinese restaurants with 3.5 star ratings

♬ original sound - RocketJump

"The dumplings here are better [than Din Tai Fung's]. I've been here," he says of the 3.5 star Shanghai Dumpling House. Considering his Twitter profile boasts a “James Beard Award winning KBBQ Gourmand'' title, it seems like he knows what he’s talking about.

So, why is this 3.5 rule the “sweet spot”? As Wong explains, it all comes down to different “cultural expectations.”

“In Asia, they’re not as proactive. They’re not going to come up to you, they’re not going to just proactively give you refills, you need to flag down the waiter,” he says, noting the different interpretations of service.

"People on Yelp are insufferable,” he continues, arguing that “they're dinging all these restaurants because the service is bad,” but the food is so good that it balances out the bad service. Hence, a 3.5-star rating. His reasoning is arguably sound—people do often give absurdly scathing reviews that in no way accurately reflect a restaurant’s food quality.

“A good Yelp review doesn’t mean it’s a good restaurant — it simply means the restaurant is good at doing things that won’t hurt their online rating,” Wong said in an interview with Today, adding that “highly rated Yelp restaurants are often those with counter service and limited menus, minimizing potential negative interaction with staff.”

He also added the caveat, “I don’t have anything against those places, but I think people who only eat at the ‘highest rated’ restaurants on online review sites are only eating at the most boring restaurants.”

A ton of people in the comments seem to back Wong’s theory.

best chinese food

100% accurate, some say

TikTok

Plus, the theory seems to not be limited to just Chinese restaurants, further implying that maybe there’s more of a cultural misunderstanding, rather than any real lack of quality.

thai food near me

No drink refills but the food is fire.

TikTok

yelp reviews, yelp

2.8 is the new 5

TikTok

One of the gifts that our modern world provides is the opportunity to truly experience and appreciate other cultures. Since food is easily one of the most accessible (and enjoyable) ways to do that, perhaps we should prioritize seeking authenticity, rather than rely on a flawed and superficial rating system.

As Wong told Today, “I hope it encourages people to go out and eat more food from not only Chinese restaurants, but restaurants representing the whole world of cultural cuisines.”