Bethenny Frankel Shares Her Best Business Tips

Bethenny

Real Housewives of New York City star Bethenny Frankel is undoubtedly a savvy businesswoman. Her Skinnygirl empire, which started as a single liquor line, has turned into a full-blown lifestyle business and Frankel is sharing business tips with her fans in a new interview.

“You never assume anyone is smarter than you,” she tells The Indianapolis Star. “It doesn’t mean that you run around thinking everyone’s an idiot, it just means you don’t assume anyone is smarter. It could be your travel agent, it could be a doctor, it could be all the people in the liquor business that told me that Skinnygirl was not a good idea until I proved it was. If you feel something, than you’re feeling it for a reason and you’ve got to explore it.”

Frankel adds that while “freedom is scary,” it can also give potential moguls the chance to be creative.

“Everybody has an idea and everybody thinks that their idea is the greatest and everybody is running around worrying about everybody else stealing their ideas, and the truth of it is, it’s about execution,” she continues. “Right now I could be talking about a television show idea and five other people could be talking about a similar rendition of that idea, but it’s about who can execute it properly. Spinning has been around for 25 years at least, then one day someone said, ‘I’m going to SoulCycle or Flywheel, it’s different.’ I went into a class, it’s not different. But someone marketed it and got people to pay $35-$75 a seat per time where going to a gym with a membership is the exact same thing. It’s rebranded, it’s execution.”

Bethenny also shares her secrets on saving money.

“Taking out a certain amount out of your paycheck every week,” she advises. “Not having to buy something the minute it comes out, not paying retail, editing what’s in your closet. People are very messy and disorganized, and messy and disorganized equals losing money because you don’t know where everything is, so you end up buying things you already have, from a box of pasta to a black dress.”

“Women keep buying to fill this hole, and I get it because believe me, been there, done that,” she admits. “But I can afford it and I buy everything on sale. Women have too much stuff and if they knew the amount of money that would be in their bank account that is in their closet and drawers and wasteful amount they spend on toys to get their kids to be quiet, it’s a lot of money.”

Photo Credit: Bravo

AllThingsRH

AllThingsRH

My name is Nicki. I am 32 years-old and married to my best friend. I was previously in business for over 12 years, but I’ve always had a great passion for web and graphic design. Another one of my passions, of course, is to escape into the world of TV, which is where this journey began. My goal in starting AllThingsRH.com was to give fans, like myself, a place to catch up on all the latest news and gossip about The Real Housewives. I wanted to create a place where viewers could interact with each other, share their opinions, and get straight-forward and unbiased information about what’s going on. I am proud of the diversity this site has to offer.

  • Karen

    Meh, nothing really enlightening here. But pretty straight forward just the same.

  • iamuksam

    I don’t know what it is, but I cannot warm to this woman, she appears to be a cold person.

  • Judymac

    Agree…why does this chick think she is better than everyone else?
    Don’t need to be “skinniest”…or richest…to have a successful life. GFY, Bethany!

  • Judymac

    What happened to her cheek? Looks like too much filler? Impacted wisdom tooth infection? Maybe she’s self-injecting to save $$$. I’m ready for her mom to give her a “read.” Perhads a spin-off featuring Jill, Jason, her mom and Kelly? I’m the one who was shaking pom-poms in her behalf. She’s insulting.

  • Judymac

    *PERHAPS

  • lori

    I bet she would be the bitch from hell to work with

  • Meg123

    She is so up herself!!!

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