Spanx CEO Sara Blakely

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Why Spanx's Sara Blakely kept billion-dollar idea secret

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Spanx CEO Sara Blakely attends the 2013 Time 100 Gala at Frederick P. Rose Hall, Jazz at Lincoln Center in New York, NY, on April 23, 2013 (Photo by Anthony Behar/Sipa USA Stock Photo - Alamy

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Spanx CEO Sara Blakely

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MasterClass - Join SPANX CEO Sara Blakely for an Instagram Live Q&A hosted by MasterClass CEO David Rogier happening next Thursday, January 16 at 8:30 a.m. PT/11:30 a.m. ET.

Spanx CEO Sara Blakely attends the 2013 Time 100 Gala at Frederick P. Rose Hall, Jazz at Lincoln Center in New York, NY, on April 23, 2013 (Photo by Anthony Behar/Sipa USA

Spanx CEO Sara Blakely attends the 2013 Time 100 Gala at Frederick P. Rose Hall, Jazz at Lincoln Center in New York, NY, on April 23, 2013 (Photo by Anthony Behar/Sipa USA

MasterClass - Join SPANX CEO Sara Blakely for an Instagram Live