Monday, June 15, 2009

How Can Cutting Off Feet Make You $300 Million?

Sara Blakely was frustrated. She wanted her bottom to look better in white pants. There was nothing on the market to help her so in frustration she took a pair of pantyhose and cut the feet off. Eight years later her company, Spanx, is exceeding $300 million in sales.

I have found over the years that there is unique mixture to success. It comes with a blend of frustration at that problem, persistence in solving it and then execution in acting on your solution. Notice that her solution is not one that no one has done before. It isn't even one that is that brilliant. What is brilliant is her belief that other women, like her, were solving this same problem one at a time. All she did was be the one to stand on the rock and say, "here is the solution!"

For years my Mother-in-law has been taking shower caps from hotels and using them as caps on plastic containers. Lo and behold today those same little "shower" caps are made by glad and sold by the millions to consumers.

So I ask you, what problem do you see people facing that you can solve? Remember your solution doesn't have to be big or expensive; it just needs to be desired.

Take Action today and look for problems you can solve. If you are in sales, talk to your client about the problems they face and look for the simple solutions you can do whether it is shipping a new way, adding a small feature, or combining resources.

Anne Warfield
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