In this video, Sara Blakely, founder of Spanx, shares some of her entrepreneurial insights, including three key tips for entrepreneurs:

Tip #1: Make sure you differentiate yourself. You’ve got to be able to tell somebody in 30 seconds or less: Why are you different? Why is your product idea or business idea different and better, and what’s in it for the customer?

Tip #2: You’ve got to trust your gut. Just trust your instincts in the whole process and they’ll serve you well.

Tip #3: Embrace what you don’t know. Don’t let what you don’t know scare you, because it can become your greatest asset. If you do things without knowing how it’s always been done, you’re guaranteed to do them differently.

Video credit: USA Today
Featured photo credit: WSJ