Emotional intelligence lessons from the youngest billionaire entrepreneur.
Sara Blakely, the overnight billionaire creator of Spanx, learned at an early age how not to be intimidated by failure. Her father was a natural mentor in one of the key emotional intelligence skills necessary for young entrepreneurs. As she told the story to Fareed Zakaria, her father encouraged both her and her brother to report daily any failures they had experienced. And he rewarded them with praise for being willing and able to recognize and talk about the problems they had faced.