Sara Blakely shared the journey when she was starting her company and when she shared her dreams with her team, they laughed at her with disbelief. The company has been valued at $1.2 billion, and the proud CEO wants to share the success with all her employees by giving them generous bonuses.
Sara Blakely has been dubbed the best boss globally after she gifted her employees a fantastic celebratory present.
Sara’s company Spanx has recently been valued at a whopping $1.2 billion after investment firm Blackstone bought a majority stake in it.
So instead of raking in all the advantages, this fanciful boss decided to divide the profits evenly and give generous bonuses to her staff.
At the party to celebrate the company’s valuation update, Sara told her employees that the whole staff would be getting two first-class tickets to anywhere they wanted in the world and $10,000 to make the most of the trip.
Because Spanx has around 500 staff, this is one fantastic bonus to hand out!
Sara’s video has gone viral on social media as she asks everyone to gather around at the party: “Why am I spinning the globe.”
The video then shows her adding a life motto that the more experience you get, the more experiences you have to offer to others.
This is when Sara surprises her employees with the bonus announcement.
“I have bought each one of you two first-class tickets to anywhere in the world,” she said as the room erupted into surprise cheers.
She continued: “If you go on a trip, you might want to go out to a nice dinner, you might want to go out to a nice hotel, and so with everybody’s two first-class tickets to anywhere in the world you are each getting $10,000.”
While the news of plane tickets led a cheer among the crowds, the staff went blank silence after hearing the news of receiving ten grand in the bank.
Sara shares that all her employees, including all the women, made it possible for her to lay the groundwork to pursue her dreams.
She started Spanx with just $5,000 and hoped it would be worth $20 million one day.
Sara tells her staff that when she wrote that number on a whiteboard, everyone laughed with disbelief but look at her now.
Sara has achieved her dream, but she has created a great empire and a Blakely’s Red Backpack Fund foundation that helps female entrepreneurs.
Addressing the room, she said: “This is a massive moment for each one of you, and I also want to toast the women that came before me and all of the women in the world who have not had this opportunity.
“So at the moment like this, I think of my mom and my grandmother and their lack of options and all the women that came before them.”