I had $5,000 and a pair of scissors. That was my startup funding. Every VC would have laughed me out of the room.

My dad used to ask at dinner: what did you fail at today? That taught me that failure is not the opposite of success — it is the path to it.

I never took outside money. I owned 100% of Spanx for 21 years. That patience was worth $1.2 billion.

I pitched Spanx to Neiman Marcus by showing the buyer the before and after in a bathroom. Sometimes the best pitch deck is just showing the product.

When we closed the Blackstone deal, I gave every employee $10,000 and two first-class plane tickets. If you win, everyone should win.

I was selling fax machines door to door at 27. If you told me I would be a billionaire by 41, I would have asked what I was selling.