Employees in a company require some form of motivation or incentive to keep them going. They perform at their best when they feel like they’re part of the family, and bosses play a critical role in making that happen.
The best example is Sara Blakely, the CEO of Spanx. After an investment firm purchased shares in her company, it was recently valued at $1.2 billion.
She naturally threw a big party to commemorate the occasion. That’s not all, though. She gave each of her 500+ employees $10,000 and two first-class airline tickets to any destination on the planet.
Sara Blakely sold fax machines door-to-door and started Spanx with $5,000 in savings & no experience.— Joe Pompliano (@JoePompliano) October 23, 2021
She never raised money & has now sold a majority stake in the brand at a $1.2 billion valuation.
The best part?
The gift she gave her 500+ employees to celebrate.
Amazing 🙏 pic.twitter.com/JvdpbgVWX5
Sara shared a video of herself making the announcement at the party on Instagram.
It was an emotional announcement filled with happy tears acknowledging how far we’ve come, according to the caption of her Instagram post. The tears flowed freely after I surprised everyone with two first-class @delta airline tickets to anywhere in the world, as well as $10,000 in cash to spend on the trip.
Sara’s leadership, generosity, and many other qualities have been lauded by internet users.
This is fantastic!!!— Austin Vander Meer (@AustoVandy) October 25, 2021
Cheers to you, Sara!!#CelebrateSuccess https://t.co/KwH3FG5Guv
The fact that Blakely started the company in 2000 with $5,000 she allegedly earned by selling fax machines door-to-door adds to the good news.
Is it true that such a Boss exist?