Question
Here is the question : SARA BLAKELY COLD-CALLED FACTORIES TO START WHICH CLOTHING COMPANY?
Option
Here is the option for the question :
- Spanx
- Victoria’s Secret
- Rent the Runway
- Prada
The Answer:
And, the answer for the the question is :
Explanation:
Blakely wore her pantyhose as a form-fitting undergarment by cutting the foot off of them before going to a party. She did this as she was getting ready for the party. She had such faith in the concept that she skipped a week of work selling fax machines door-to-door so that she could go to hosiery mills in North Carolina and give them a presentation about it. She was able to convince them that her proposal would be beneficial to the industry. Spanx had reached $10 million in revenue by the end of its second year in business.
Sara Blakely is a well-known entrepreneur who founded the popular shapewear company, Spanx. The company has become a household name and has revolutionized the shapewear industry. But what many people don’t know is that Blakely started the company by cold-calling factories.
Blakely had the idea for Spanx while getting ready for a party. She wanted to wear a cream-colored pair of pants but didn’t have any undergarments that would smooth out her figure. She tried on a pair of control-top pantyhose but found them uncomfortable and ineffective. That’s when she had the idea to create her own shapewear.
Blakely had no experience in fashion or manufacturing, but she was determined to make her idea a reality. She started researching and found that the hosiery industry was the closest match to what she wanted to create. She also found that there were no products on the market that provided the kind of shaping she was looking for.
Blakely then started cold-calling factories in North Carolina, where she lived at the time. She would tell them she was looking for a fabric that was thin and comfortable but would also shape the body. Most of the factories she called were confused by her request, but eventually, she found one that was willing to work with her.
Blakely invested $5,000 of her own money to create a prototype. She also shopped her idea around to various hosiery mills, but none of them were interested in her product. Undeterred, she decided to start her own company and began selling her shapewear out of her apartment.
Blakely’s determination paid off, and Spanx became a huge success. Today, the company offers a variety of shapewear, including leggings, bras, and bodysuits. It has also expanded into other areas, such as activewear and swimwear.
Blakely’s story is a testament to the power of determination and entrepreneurship. She saw a need in the market and was willing to do whatever it took to make her idea a reality. Her success with Spanx has inspired countless entrepreneurs to pursue their own ideas and make their dreams a reality.
Blakely is also known for her philanthropic efforts. She founded the Sara Blakely Foundation, which supports women’s empowerment and entrepreneurship. She has also signed the Giving Pledge, committing to donating at least half of her wealth to charitable causes.
Sara Blakely’s story is one of perseverance and determination. She started Spanx by cold-calling factories and investing her own money. Her success has inspired many entrepreneurs to pursue their own ideas and make their dreams a reality. Blakely’s philanthropic efforts also serve as an inspiration to give back to the community and support others.