About a month ago, we talked about entrepreneurial efforts and what kinds of steps an aspiring business owner can take to ensure a quality product and a successful business organization. Many Atlanta residents want to make their ideas become a reality by starting their own company, and Sara Blakely now serves as yet another entrepreneurial role model for the city.
Blakely moved to Atlanta, Georgia when she started a women’s undergarment company called Spanx in 2000. She invested her life savings of $5,000 into the project, and over the past decade, Spanx has become a very popular brand that is now valued at an incredible estimate of $1 billion. As the sole owner of Spanx, Sara Blakely has become a billionaire – a title confirmed by Forbes, which makes her the youngest self-made woman billionaire on Forbes’ newest list.
Blakely’s story is an inspiring one, and it shows that when an entrepreneur is driven to succeed and has the right support and advice to deliver that success, a flourishing business organization can be the result.
Most of the time, entrepreneurs will look to a business attorney to advise them on how to create a start-up company. There are legal ins and outs that an experienced lawyer can advise you on, helping you organize your new company in the proper manner.
Blakely herself will likely seek legal advice in the coming months to help Spanx achieve future success. She has said that she wants to take her company public and will turn her eyes to the international stage as she seeks to expand her brand. These sorts of things don’t just happen by snapping your fingers – they take hard work, collaboration and business know-how, all of which can be achieved through appropriate legal representation.
Source: Cumming Patch, “Atlanta Woman Makes Forbes Billionaires List,” Mar. 13, 2012