20 Burst results for "Steve Madden"

"steve madden" Discussed on The Corp

The Corp

07:17 min | 3 months ago

"steve madden" Discussed on The Corp

"You know at my job you know. You know at the end of the day you know I make shoes. You know to put food on my table. And to put food and my kids feed my children. and. That's what I. Do I'm a professional you know I mean. I'm sure you've grappled with that as an athlete you know and you know at some point, you'd be said, this is what I do for a living. Yeah. What I do. Yeah. So Professional, what about the legacy of Steve Madden brand I? Have you thought about how you wanted to keep going? You know past you pass when you not involved at all or is it something that it's so intertwined with who you are? No it's GonNa Outlive Me Fisher. And And It's it's got a spirit and I have a whole bunch of young people that I work with at that carry that on. We have a definite. Philosophy in our company and Mantra. And a about who we are and it seems simplistic sometimes, but you know everybody that's down with me. And with the company shares that yeah. But as we've got bigger, it's that's the challenge with a corporation as you will find. Because, you seem to be growing like crazy. That you've got to keep that spirit in your cooper that spirit that got you here. Now as you get bigger, how do I keep that spirit throughout the company because it's so big and you don't talk to everybody anymore. There's there's a time when you go from knowing everybody that works for you, and then all of a sudden one day it's growing it's growing and you don't know after people you never met them and it's like Whoa. Yeah. No, we've had that happened in the last. Yeah. When we all moved here to New York for years ago with eight employees. Now we have two hundred fifteen and that that happened where you're just like wait I? Don't know there's who you just don't know anymore. It's definitely changes who we are, but you're you're absolutely right the spirit and like got to keep that spirit. Yeah. The drive. All right. My last question. Yes. Sir. Are you intimidated by my sneakers and how much have sneakers taking a bite out of your you know? I'd never wear sneakers just just want you guys to know never wear sneakers I work out in. Don't think I'm. I work out in boots Oh my God swag I love. I. Work at boots because in prison. That's when I started. You had to wear steel toe boots to go to what we call the wake pile. It was a waste pile and you weren't allowed in with sneakers. You drop the away on your foot stuff like that. So I always I workout with boots. But before that even sneakers was the enemy. Of Steve Madden. But what happened was I I admire Nike so much by the way. Just, in case you want to know. I think, Nike's just a fantastic company but. We do make sneakers today. and. We're killing it with sneakers. Okay. I'm a big fan of Nike. We have a division called greats. That we just that we just acquired really hipster. Brooklyn. Kinda hipster. Actually I think we're talking to one of your old colleagues Derek jeter about ninety doing something and But so I love sneakers but it's just not from me. So how many days in your life since you were let's say twenty five have you worn a pair of sneakers? You know maybe three days she could swear on it's crazy bushy. So okay what I do so play a lot of golf yeah. I remember the same Golf Club in Florida, and sometimes off the golf shoes, they're kind of sneaker. Rock, those a little bit I may wear the okay but regular. Not cleats but like little things. I kinda dig those that's why I don't wear those. Very little lightning rod round for your here. Okay. Are What Song do you sing in the shower to yourself? Oh my God. I found myself singing the song our house. By Graham Nash. Okay and you know because I was with my kids and they're kind of like. Running around and you know that's on our house that's in the yard gets in the An and then I actually saw it was watching a show. This is US and But they do it in the show and it blew my mind who was so well done. But like that song is in my head now. Metro. Yankees. Yankees now, but I grew up with the eighty six mets Keith Hernandez, and Mukhi. Twenty zero strawberry either Nana's UNDOCK. Yeah and I saw Daryl recently he's the best is great I. Love Looks Great. He's an awesome dude did you party with him in the night did not I wasn't cooling book or kindle? What's that book can? Book. give me one of your favorite books of all time. You're not gonNA believe this I'm GonNa give you two books that I I love it. I'm GonNa give you two bucks. Four Oh yeah. Yeah. So I read that when I was a kid Jim, Bowden wrote announced a pitcher for the Yankees it was the first sort of like hipster sports book ever written. And it told the every it was like a tell almost like a tell all you about major league baseball and it was so funny and so cool. So that was my bet book just I just loved that book and he wrote a bunch of sequels after. And You know the other book that I love. The greatest novel I've ever read is the Godfather Oh. No that people talk about the movie because a great movie you know but the book was so amazing you know. You always I'm always looking for a book that is. Very interesting to read but also kind of teaches you stuff and I didn't know anything about that. Like, the movies yeah. Well, the phone is ruining our reading. Last two for me coffee or tea coffee. and. If you had one last meal, what would that me stay connects and you go okay Oh and I have one last last. I give out madden codes online on twitter. Yeah. The game. Okay. You WanNa do a little cross Promo maybe you give me madden codes for the shoe. Yes. Sure and I'll give those out. Okay. Let's do it like that would kind of confuse the united really dig your your the pizza thing you guys do. Era To go do that with them. I think I got a good joint view that I order up from just literally go with them right now I. Love it always been like a little bit of a fantasy. I Love Pizza. Yeah and you know somebody that's doing the work and do the work we're GONNA crush. Iran is about to go you go which people were going on the street right I'll go down the with them. I'm starving. Let's do. All right. Well, Steve Madden thank you so much. All right, shit you coming on the corporate. Thank you so much. Yeah it's great. Fun. Thanks..

Steve Madden Yankees Nike golf Derek jeter Graham Nash Iran twitter baseball Florida New York Keith Hernandez Brooklyn Daryl same Golf Club mets Mukhi Jim Bowden
"steve madden" Discussed on The Corp

The Corp

02:04 min | 3 months ago

"steve madden" Discussed on The Corp

"Working on bigger things and And so I'm able to go into the bakery and buy a fresh Rye bread. So you're an early riser or have fresh bread, right? So that's kind of like a difference today. So I kinda dig that I like to. Make them fresh bagels in the morning. That's awesome. Yeah. So that's sort of like I've sort of shifted on. That got a unity riser when I have to be a more of a get up when I have to get up I also have a have a young kid now too. So I do now have a choice. Yeah, right. It's not not living on my own time anymore. When you say that you are five thousand feet in you're able to look at everything is that does that mean that there could potentially be a shoe that goes to store and you haven't had anything to do with absolutely. Okay. Absolutely. You know that difficult for you to walk around Hey, what's this I was on this? That might be the best thing than anybody's brought up in. Of course, we have a billion dollar company today. So yes, it happens and it does bother me but I also know that the people that the I trained everybody they're they're. Great and if they like it, they dip, it's part of my DNA anyway. I'm still touching most of the shoes, but it's it's you have to let go if you WANNA, get really big and that you will find. Yeah. My friend YOU'RE GONNA find as you build your. You Know Pie. You're going to need people that you trust to like. And hard to trust. Yeah I'm interested in this because if you see a shoe that you don't like that's out there and it doesn't do well, do you then say like well, I would never have done that and like I can't believe you guys are doing this because I always find it interesting to see a boss graduates that level where they can't touch everything. Then still the bad things they're like if there was an Olympics for second guessing, I would be the gold medal. Okay. Okay. I want to say that. Yeah. But now you know you've got to trust your team and. And it's working out well. We're going to get back to Steve Madden his second put I. WanNa Talk to you about your home security i..

gold medal Steve Madden Olympics
"steve madden" Discussed on The Corp

The Corp

07:29 min | 3 months ago

"steve madden" Discussed on The Corp

"I was so inspired by that you know I I'm inspired I was you know. I'm Richard Pryor inspired me You know. Just. So many artists have inspired me to, of course. You know Earl the Pearl Monroe inspired me Mookie Wilson inspired me I love that Keith. Hernandez. That's my Guy Keith Keith Hernandez. Who inspired you? Who? That's good question I don't even know who is inspired me. I mean my dad. I don't really know. Like we'll. We'll. There's Michael Jordan but there's also like it's a weird profession where podcasting. It's hard to be like, Oh, person inspired me because it's so new and I'm sure you probably were feeling that way like I come up with. This American life listen to all the time. No inspiration. There we go. I just gave you one IRA glass this. American. Life I loved that show. I loved prairie home companion Garrison Wheeler. That was always one of my favorites. I WANNA just. Jump In. For. was. Really. Was Cool because he was fast he was a fantastic hater. But. Also, he was a great glove guy. Gloves the thing about Keith Hernandez you always felt like he was thinking very he was a thinker thinker. So that was that bit going onto. so He Ross word puzzle every day and get what's key. Like what's he thinking about? Like he was be he'd be like holding a guy on first but you knew that he was like got something going on. Yeah and he was like a pitching coach out there too. He would always go talk pitcher and say, Hey, this I loved him. But my favorite player it's interesting that you say that Wilson Moose Great I loved watching Mookie Wilson play because I never saw anybody run like that. So I. So mookie Wilson, they would hit a he'd be on I and it'd be a ground ball to short and he would go all the way to third the guy with Blake routine played a I look you go all the way to third and I never saw two guys ever do that I mean I never seen guys do that. People don't run much anymore. No, I'm thinking of. The guy's name on Hughes played for the reds. Billy. Hatcher no-no like recent Guy Billy Hamilton. Oh. Yeah you. Like that, where you don't see that very often guy gets on first base, you're like he's GonNa Score. No matter what on first base with no outs because he's going to steal a base he's GonNa get get home on a single from second that kind of thing the other the other side of that question I just want to say to you guys as an artist or Creator sometimes The art that you're is so good. You know whether it's You know something like mad men or the Sopranos or A Martin Scorsese film that it makes me want to go back to bed and pull the I I can't do anything there's no point in me. Yeah. Like even doing anything because these guys are such geniuses right so like you know like what's the point go that way all the time you could you could get like that. So rest, it's better to. You know. Like a work of artists just so amazing so But you know, yeah I I am moved a moved by by spikes work in it. made it made me well, he you know he's my age I could do that. Let me try to do something. So it wasn't so much another shoe guy or designer. We'll see let's talk about brilliant because I think you are obviously brilliant because you spend a couple of years at the greatest university on Earth, the University of Miami. Yes. The U. Baby I've sat on that board for Seventeen years shameless plug, the hurricanes, Hanes Baby, and and you were there to fund time when we actually won games. And football. I was actually there just a little bit before the gray you before Jimmy Johnson Great Howard Schnellenberger Howard. A couple years after I left after I got kicked out. But now that you're brilliant has been established many times. Would you consider yourself a math or English person? I'm an English person insured you always have you always hired great math absolutely absolute- that was on it, and that's one thing that I would say to entrepreneurs out there if they're listening is that knowing what you know is a great gift in business. So I'm a terrible math per love have no interest in it and I have these great people I met this. This Indian, fellow name Arvin when I just started out. from Mumbai he's a jotted Gujarat. Gujarati and the guy just we would completely different. Completely straight laced and I'm wild man and he just handled all the finances of the company interest. Allowed to be creative right? Would if we ask someone who's worked with you for a decade decade plus what type of or you are what would they answer true serum I don't know some might say I'm a big pain in the ass. You, know I'm I'm. I'm not really tough. But I'm passionate and if you're not sharing that passion with me, it disappoints me now I'm not really like tough and it really. You know care if you come in at nine, you know that Kinda thing. But if you know if you get there at ten fifteen and you're just insanely passionate, I love it right. But you could get there at eight thirty and be not passionate SORTA not into that. Let's talk about passionate a little bit. What does a day in a life look like for Steve Madden wake up walk me through Wigan up all the way to go to sleep one day. Well, it's different now. You know I had kids. So wins had twins you have three kids and twins, and then I had a baby girl. And So my life is a little different today. And then I also got divorced. So. You're single. I well. No but. You know. Whatever? I'm divorced. And You know. I think about my kids a lot I have my kids half the time. I have a great relationship with my ex wife what do they live? where we have. My ex lives. You know four or five blocks from me. Oh. Great. So we managed that together and. So I think about my kids a lot older with young kids. That's cool. So that's a different. It's a different thing. You know what I mean keeps young so yet, but you don't have as much time. So thankfully, I built. Like we built a great team at Steve. Madden. So it allows me the freedom. to sort of in the old days I did everything. I was touching every shoe. Everything you know just shipping cases, shoes but today because the great team that we have been able to be sort of like at five thousand feet..

Guy Keith Keith Hernandez Mookie Wilson Guy Billy Hamilton Steve Madden Keith Hernandez Richard Pryor University of Miami Earl Martin Scorsese Garrison Wheeler Michael Jordan Hughes football Mumbai Arvin Wigan Blake Jimmy Johnson Howard Schnellenberger Howard
"steve madden" Discussed on The Corp

The Corp

07:40 min | 3 months ago

"steve madden" Discussed on The Corp

"It is. Steve, Madden who is the shoe mogul yes? Sir His company Steve Madden. Very interesting career very interesting backstory that we're GONNA get into all of that but you just said you walked in this room and fist pumped us. Now we're in the middle of rotation this in the middle of the virus. Yes outbreak and I mentioned you as like, Oh, I'm sorry we're doing the corona virus fist-bump said, no fist-bump everyone. So let's just get that out of the way because now it's in my brain. So I've always I always fist-bump before the coronavirus I think that handshakes are the dumbest habit that like men have ever created. Where guys hand has been and I'm not like a Germaphobe I'm not a freak just to me. It strikes me as a really stupid habit guy and guys you know guys we're liquid grubby. We like our hands are everywhere you know and and so so the thing is that I was in prison I don't know if you guys know that. No I was. Wow. How was it was terrible so I was in prison for a couple years and nobody in prison shakes him. And prison. Is Very clean. You'd be shocked. It's it's cleaner than the outside because guys or afraid to get sick 'cause it's not a lot of medicine in the prison system. You get sick you're you're you're. Just you're suffering, you can't take. NYQUIL or got nyc right now got that shit got band-aids and that's about it. So you guys. That's what fist-bump started because guys are really clean. I mean. They're the floors immaculate. You know I lived in barracks. You know I didn't. I wasn't in a cell in sick. She lived with like I. Kind of like a barracks lived in Cube which you guys or one other guy. And so that guy's never shake hands in Brazil. Four season but what the hell did you go to jail for so? You. Know I don't know if you saw the movie, the Wolf Wall Street. Yeah. Of A nerd in that, they played me as a nerd. I knew you weren't happy with that. No. I actually said that I wasn't, but in retrospect. I was very happy and that it was the story. My childhood friends raise money for my company and got involved with them and. You know stock stuff and. I'm not proud of it but yeah, the well I mean that that counts as part of your fascinating career I think the ups and downs are incredible. So let's start with the beginning. Then you go back to that but you started as I was I was walking some cleared up the fist-bump cleared up the business all on the same page. Okay. Now that I'm looking very. PRESCIENT. the Corona Virus Little Dino. When I ride the subway, I, always hold the rail with my fist. Bump me. Okay and I think that shaking hands has gotta go. Yeah. Okay Okay Johnny Okay. Done. All right. So you start you are you reading but your back store you didn't come from a creative background your family wasn't I. Think your quote was creativity. My household was like fixing the TV did your homeland yes I did my homework. Yes. You start a shoe company out of the trunk of your car. And you basically built this entire. American dream. So at what point in that start where you're eighteen, nineteen, twenty, twenty, one, twenty, two, where you're like this is what I wanna do and what was that like lightbulb moment that will. will you packed a lot? Let me try to unpack. Yes. I hear that phrase lot. So basically It was. The first time that I thought that you could be creative and make money at the same time and that turned me on a lot. You know usually like. It was kind of the way it was was kind of like people sort of marched off to work and they they were the artists and then there were the businessmen they weren't. You know they weren't. You're either an artist like a crazy artist or you like dislike straight up, you know businessmen right but this was like a merger of the two you know. and. That was really exciting to me like you could be like creative, but you could also like WanNa make money you know so and today you see people like you. Alon Mosque and. Steve Jobs and Jeff Bezos, and you know. Maybe you you know yeah, and you know guys that are creative and also into making money. Yeah. Absolutely. So you like both things yeah. No No, you're. You're absolutely right. There is that sense of like they're you know being creative can actually be financially beneficial and also You know I like the idea of making a shoe. and having everybody wear it. And like really Kinda like his wife when she makes her record. She wants to sell it to as many. As. Many people as possible idea that. But you still want it to be cool in creative. You know you're not just making shit you know, right? Can we say Shit? You can say whatever you want how? Did tell me ask the. She started her own shoe company with DSW I said Tell Steve Give me one good advice on how to build platform. So there you go. So she's making shoes with es ws. Sounds like we're coming on your block yeah J. Lo. So yeah, J. Loads did they did have a shoe license? You know she's she's awesome your wife and people love her and I would say I would say that she should be dare to be great. Don't try to be too safe is a of safe stuff out there. To try to be authentic to who she is and I would say to J. Lo if she was here if you wouldn't wear the shoe. Don't make great advice. She wears it like five days a week. Yeah. So So. One thing I would love to pick your brain about is the you start this company and you excuse me, do you call Your Wife J. Lo would you call it Jennifer? What you say I call her let's see. Jennifer. Mucho Macho Macho. Macho. All right. So you start this company right and you basically bring fashionable shoes but in an affordable way. So you're bringing shoes that people might see on the runway and you're bringing that to someone who afford it and buy it and where to high school college or to their job. Yeah. When you did that was that the intention right from the beginning I wanNA make a shoe. That's cool for the everyone can buy or was that something like, Hey, no one's doing this I got to hammer this market. No No. I didn't it I. I ended up in a market by accident. I was just making cool shoes that I thought that. Girls that I knew might wear. And I didn't really have a serious plan when I started I just wanted to make great shoes then. It kind of evolved into. I don't know if evolved is the right word, but it's sort of what happened was I made a shoe, a little Mary Jane Shoe and it seemed to be picked up by a lot of fifteen year old girls You know wasn't my intent and I started calls from the mothers. Do you know where we could find this shoe because nobody was? In those days when I started. Was Thirty years ago it was the JENEX market..

J. Lo Steve Madden Steve Mary Jane Shoe Jennifer Steve Jobs Alon Mosque Brazil JENEX Jeff Bezos J. Loads
"steve madden" Discussed on The Corp

The Corp

04:23 min | 3 months ago

"steve madden" Discussed on The Corp

"This is one hundred Percent Corp certified and approved Okay Steve Madden well. Very. Fascinating interview with Steve Madden Yeah you probably have heard his name whether it be in shoe world or maybe you heard his name from Wolf of Wall Street the famous movie with Leo DiCaprio The came out a few years ago. This talking to someone like Steve Madden who's been to prison who is very open about their you know their life in prison and then coming out and kind of reclaiming his company just an unbelievable. American story of success and failure, and then success. Again, I, love talking to him it was an amazing story. You're talking about a guy, that's a comeback story a guy that was in jail I mean here's a guy that rebuild his entire empire from from the ashes and then the story of him going back and given opportunities to inmates that he spent time with is just an awesome story so many lessons but really the epitome of the Entrepreneur Spirit it just it just flows out of him and they'll be a lot of lessons especially for young listeners. And Loyalty. When he has loyalty to the people that you know he was in jail with and guys giving them a second chance. I. Love hearing about that whenever someone has great success but they stay true to themselves in the loyalty for the people that maybe help them along the way in a lot of times. Steve Madden's Casey's talking about felons but he knows that these are good people. He you know he spent time with them he learned who they. Are and I mean he know he's obviously opens opens up about it being a phone self but it doesn't matter because the land you know America is the land of second chances and an opportunity and Steve Madden is a great case for this for that also just kind of a cool guy he was really cool. Yeah he you know what was so great about him us. So raw with the stories that was there was just no bullshit it was real. I learned so much. I think everybody was going to really enjoy this listen. Yes absolutely. before we get to Steve Madden a word from my friends at cross country mortgage. So era I don't know if you know this before I, got into the blogging game, the podcast and game I actually worked in real estate and I watched firsthand as people tried to find a way to get mortgage and they probably a lot of times people said themselves a lot of. My friends when I was in my early twenties mid twenties they said Oh I don't have enough money to qualify for a mortgage. I can't buy a home that couldn't be more false because a lot of people don't realize they can qualify for a mortgage and there's no reason to be throwing away your money in rent every single month when you can have a mortgage with cross country mortgage. What was the first how she bought First House about was in Miami I still own it who my mom lives there right now and It was a very special moment. It was a scary moment 'cause I was very young and I used mortgage and look a mortgage in today's environment can be a great tool for a lot of people out there. You could afford probably more than you can but it's also dangerous. You don't want to do too much mortgages but this is a time where there's a great time to buy real estate because of Covid nineteen all this stuff we're doing prices are depressed and with a good mortgage from cross country mortgage, you can be have a great asset and you're exactly right that. The word mortgage is kind of scary word. Sometimes, you don't want to you know get into a mortgage that isn't right for you, and that's the most important part because cross country mortgages looking out for you and they're doing it on a person to person basis where they are kind of a mom and pop shop. I actually spent some time with them a couple of weeks ago I talked to some high. Level people across country mortgage, which I was shocked at that I was able to get on zoom call with like the second and third in charge. But that's kind of the VIBE. The cross country mortgage has where they know that being approachable and saying, hey, why don't you come? Why don't you? Why don't you check it out? Go to see 'em Lens Dot Com Slash Corp, take a look and we can. Help you. We can have the conversation. We could start the conversation even if maybe today is not the day that you buy a home or get a mortgage starting the conversation and having some understanding of what it looks like to get a home or what it looks like to save up enough to have a.

Steve Madden Casey Percent Corp Leo DiCaprio Slash Corp First House Covid America Miami
Being a Women of Color in the Workplace

$6.99 Per Pound

07:25 min | 9 months ago

Being a Women of Color in the Workplace

"Going to talk about what we usually talk about outsider podcasts reporting which is our workplace and being a person of color of a female of women of Color in the workplace. And how we navigate microaggressions unconscious bias. Balancing all of that with professionalism and has been saying and we just wanted to open it up to the floor and made them can go around and talk about what our individual workplace flake and looks like literally like you know what what does that look like and maybe like the industry that we're ends. Do you WANNA start. Let's see yeah. Sure I currently work at a sales agency and a fashion multi line. Show Room so Pretty much do is just Where in wholesale and the wholesale industry so I work with European designers and After fashion week happens we kind of just like get the collections and we prep it and we see buyers from like Nordstrom burke door of two in the independent Boutiques so our job is pretty much just saw the designers collection during a certain amount of time But I've been in the industry for a while for maybe like three four years professionally before that I was like freelancing and doing other things to buy. The wholesale industry is interesting because in the fashion side. It's not very diverse. It's I been through a lot of trade shows and doing you know market week in Paris but often times. The women selling the clothing are always wait. Do and it's so interesting because the men's industry is buried divers. Wow that's surprising Why do you think that is? I just think men like to work together. True true true. Yes I think so I think women I think naturally were just very Kind of I don't want to say like cliquey but we just kind of you know ten to a little sore already. Yeah I think so and you know when you have a show room with a lot of white women. It's usually. They got to tend to only hire white women green. Yeah what about you Angie? You're in fashion too. So I work for Steve Madden. I do marketing and social media so like comments. Dmz on working with influencers doing behind the scenes now for like our photo shoots and our campaigns and things like that. It's it's different. I've been doing this for since April and before that I was still st man. But I was doing the wholesale side but I've been in the fashion and I've only ever worked in fast. Yeah Higher Being St Man and I've only ever worked retail and like briefly out of showroom. Yeah and with that workplace look like and what does it look like now? Okay so when it comes to retail retail can be very diverse by. Yeah when you start looking at the people that are being promoted Israeli. Never the people like you. It's usually like white women. Yeah Or is usually like white women are one is our want to say like women are people that are like white passing and honestly the same thing for corporate. Yeah I'm in my personal opinion That's really like all you see. They're the ones that make the decisions whether you can relate to them or not And that's it's tough. Yeah no I think I and I'm in a similar boat as well so I work at Cnn's great story and it is a media company kind of like a startup be summation before that out that MTV and it's interesting when I was an MTV it was. I didn't appreciate did. They versity as much because it was actually very diverse. But as Andy said it gets less diverse as you go further up to the top. It's usually like the hustling coordinators or laying. Junior managers are like people of Color. And they're actually doing the creative work and executing and but then sometimes like the people who are getting the credit or approving budgets or have making the thought leadership decisions. Aren't the people who are on the ground and it? It was diverse but as you said it was not ever so the top. I'm in a situation now where I think it's even less diverse and especially in the creative editorial side. Yeah there's only one black producer no one now. We have one Asian producer. And it's interesting too because I think being Asian American. There's like spaces where it might be diverse but it's still underrepresented in terms of like the Asian perspective whereas like in finance or accounting. Maybe there's an overrepresentation of Asian Americans and like less reputation. Everywhere else I think in media it can kind of toss up depending on where you work And Yeah it's pretty dismal. There's can be such big improvement and I don't know if you guys experienced this but especially when you're making content bat is for a diverse community or your featuring a character or even a models or like maybe they wanna work with an influence or who's like not white then it's all for the purpose of of like selling something or trying to use diversity as a coin like a badge on their shoulder to be like. Hey like we'll call diverse. We are like our workplaces multiverse right so that is kind of like the the liberal daily things that I struggle with of. Sometimes they're like. Oh we know we have a long way to go in terms of diversity but the stories we tell her David or some just like is not problematic. Right Right Yeah. I think even for me just from what I've noticed is like I think it it truly bothers me even when I look at like certain photo shoots or campaigns not even from like necessarily where I work but just from like other companies and it's like they have like that one token blogger or like that one token Spanish girl. Ah just to exactly just to say that you had them in there like Oh Nolan. Little more diverse. It's like it's kind of like that. Like white person in caterer but I have a black Friday morning God. No that's not totally like this is so different and I think it's like this is what I say Especially when it comes to companies. It's like you have the most diverse. Like when you look at the demographics of who is buying your product More often than not they are people of Color. Yeah but your campaigns never show that And that is the biggest thing that I struggle with. And then for me. It's also like well. Why am I gonNA WANNA follow you? Social Media Yeah because like now. I'm in that social media realm so like now like I I really like pay its engines and things like that so I I you know. I love this brand. Their campaigns don't really represent me. Yeah I don't really know how I feel about this because then now I'm looking at it like okay. Well who are the top executives that are in? You know that are a part of your company like who's making these decisions. Why do they think that this that? I'm supposed to really to this person that you're showing you know for

Producer Nordstrom Burke Paris MTV Steve Madden Angie CNN Andy David
"steve madden" Discussed on How I Built This

How I Built This

04:55 min | 1 year ago

"steve madden" Discussed on How I Built This

"And please do stick around because in just a moment. We're going to hear from you about the things your building but first a quick message from our two thousand nineteen lead sponsor campaign monitor the radically easy solution to email marketing. Eighty percent of retail professionals indicate email marketing as the highest driver of customer retention. TRY IT FOR FREE AT CAMPAIGN MONITOR DOT com. They did you get a smart speaker for gift over the holidays. Well consider it the gift that keeps on giving right because it can help you keep up with the news just say play. NPR NPR to hear your local NPR station. And all your favorite NPR shows as well. Hey thanks for sticking around because it's time now for how you built that and today for checking back on a story that began about eight years ago in Columbia South Carolina. Gabby Goodwin was about five. At the time and every day she went through the same routine Mama would put pigtails in my hair in for every pigtailed. That was in my hair. There was plastic rats on every every single one of them and usually she had one of these plastic rats in ten of her pigtails. But a me when I was little I will be running around at school and Dan. My mom would pick me up and my hair will be a complete mess I would say. Don't Gary what happened to your bose like what were you doing that. Voice of course is Gaby's mom Rosalyn who started the really fed up that her daughters breads kept coming out of her hair and so one day Rosalyn actually went on twitter to complain about about it just to blow off some steam at didn't think anybody would respond. I got all twitter. Came back on probably in about an hour and had all these responses from MOMS who felt the same same way all these MOMS saying yes. Our daughter's ferrets are falling out too. And we're wasting tons of money. Replacing them Baraza wasn't necessarily looking to solve this problem. She was working fulltime as a healthcare lobbyist and she had no interest in starting a business but a couple of weeks later as I was styling. Alan Gabrielle's hair. I'm mumbled under my breath. Somebody needs to make a bow and she jumped out of the seat and said Mommy. Are we going to make a ball and so so every single day after that gabby would ask Roslyn. Wynonna bows coming when I both come. When are we GONNA make my bows out my comments so rosalind figured okay as since Gabby is so into it? Maybe we could just do this as a kind of science project work on a design for a bread and see if we can make just one just one bret so I they dreaded design with two faces so you could see a pretty decoration. No matter which way the borate was turned and each face. Ace has teeth and craters to trap and gather the hair. So you're basically creating this sandwiching mechanism to make sure the hair it doesn't slip out of the hair. It's Rosalyn looked at this design and she's thinking. Hey you know this isn't half bad. Maybe maybe we can make further type so she gets the number of a couple of engineers and she calls him up and you could just kind of hear them sigh like. Oh God they said Ma'am listen. You've got fifteen minutes so she goes to to meet with these guys in North Carolina. At first things do not go. Well the engineers are looking at this design a hair clip and they're just not getting it an asset. Well you know what. I'm going to run the car. Promise you there's a standard that has fallen off Gabrielle's hair and sure enough at dug in the back seat of my car har down to standards raw that back. In and at that point Roslyn used a mannequin to demonstrate how a standard bread could just fall out of your hair and how her and Gaby Design Works. A lot better and as soon as I did this. The Light Bulb went off. And he said Ma'am we think you're onto something so these two engineers agreed to help her. Make the prototype. They found a manufacturer in China. They made an initial run of five. Hundred Bows and in early twenty and fourteen Roslyn and Gabby put them up for sale on their website. We get our first sale. We're like this actually happening. Like Oh my God. We're in business. They they sold out of the first five hundred pretty quickly so Roslin and her husband to get a few loans to fulfil more orders and when we last checked in with Gabby the company had you just become profitable now. Her bows are in seventy four targets in twenty two states. Anybody could be as long as you have the courage to run a business. You can be four years old and have a business that's Gabrielle. Goodwin her mom Rosalyn founders of Gabby Bose if you WANNA learn more about the company or her previous episodes head to our podcast page how I built this dot. NPR Dot Org. And if you WANNA tell us your story go to build dot. NPR Dot.

Rosalyn gabby Gabby Goodwin NPR Alan Gabrielle Roslyn Gabby Bose Mama twitter North Carolina Baraza Columbia South Carolina Wynonna Gaby Design Works Dan Gary Roslin
"steve madden" Discussed on How I Built This

How I Built This

10:45 min | 1 year ago

"steve madden" Discussed on How I Built This

"So you you're out. You're back back in in society by get get your freedom back How long did it take you to to adjust to to having control of your own schedule your day to day schedule? Well there's a transition period you go into a halfway house. But I was fortunate because I had a job. I came back to work so it was an amazing time. And what was your position when you came back to to your company The same position in today when he's the founder. which is the chief cheerleader? We have fabulous people running Steve Madden I wasn't a great CEO. Why weren't you a great CEO? You know I'm just I'm not detail oriented and My talents are suited. And other things. You know yeah when did you. When did you realize you were not cut out to be a CEO? What it's the businesses small? You can kind of be the see. ESPN everybody so you know everybody. You live and breathe it and then you could be a CEO because you touch everything but then a business get out once a business gets. It's past a certain point you know it's impossible for someone like me to to do that job. But when you came back to the company in two thousand and five I think within four years Steve Madden hit revenue of over half a billion dollars. So so what happened. In that time I had the company grow what. What was the strategy that allowed you to grow so much so our goal was to uh-huh make great shoes? And you know I think that that kind of like one out at the end of the day. The marketing wasn't super fantastic. It was just great shoes. Great prices great value. And I think that we just wore everybody out with that. More people were giving us. They're open to buy and we open more stores in our Internet business exploded. But the big thing about Steve Madden. I have to say and I've said this many times was the people. It's the madness is that I've hired so many great people it starts with recognizing my own limitations. I'm weak at that so let me get somebody that can do that for me. And that's really the story. It's people so you you come back to the company and you by the way you had plenty of money at that point I mean you could have you could have sold your shares walked away very rich Man And just kind of I don't know done something else or focused on on yourself Why did you want to go back to the company? Actually it's that's an eternal that's grapple with that all the time so so I love the idea of making shoes and the people want to buy and I love seeing my shoes being worn and I just love all of it and I love making money. and He'd be clear about that. I Love I love the whole thing would because you don't need more of it so what do you love about it. Well okay. That's good you. These are great questions and I want to ask other entrepreneurs for other people like so. How do you stay motivated? You know. Let's say you've got you know L. dollars in the bank and you know that you rent is paid and all of that and So what keeps you going. I want to ask time Sabban a similar question. Can you know I am Sabinas right. The media mogul yes and you know. He grew up like dirt poor in Alexandria Egypt and he came from literally nothing right and I said you know what what. What's the big deal? He was waiting to sell his company to Disney for. I don't know You know more than a billion dollars and I I said W- you know why. Why don't you take five hundred million? The one they offered that to you he said it was. It wasn't worth that one wanted to be a billionaire. And the point he made was that it wasn't about the actual dollar amount. It was for him. It was a mark it was like a yeah it was like a mark he say okay. I've reached this point and then I can reach this point right. And then it's this point and it's it's like a demarcation point of success yeah it's a heavy question it really is but of course. It's a luxury that people with money have to be able to talk about this stuff you know. There's somebody out there that will listen to this you know. They've got to pay their rent next Friday in the CBA. Listen to this idiot talking about it you know I agree with them. Loss human motivation right like yeah. The money is the money but but it's something I think about a great deal because I feel so good if I had had a great day at work were inspiring and an inspired at the same time is such an amazing feeling. There's no amount of money that can replicate that. Yeah so I guess that's what I want. You know inspire and be inspired thyroid do you. What was the last shoe that you designed to set of curiosity fillet shoe? I designed and was last week last week sneaker with studs you designed a shoe. Last week we have a factory in Long Island city just outside the East River in Manhattan. But I'm always fiddling with shoes and Thinking about shoes. Of course I have a great team that does most of the work can. Can I take most of the credit. Now you receive you. You don't seem to be a super obsessed over your own personal style. You're like you've got the baseball cap thing. Go and you got designer like runway outfits. Everyday I look like a garage mechanic. A Mat runway t shirts and jeans. I'm very lucky. That's I don't take that for granted. I'm blessed that I'm the ability to wear nice clean t shirt every day. Did you ever feel like I don't know like some of these fashion folks kind of snobby about you that they I don't know they didn't let you into their club because you weren't from Milan or didn't go to art school or you wear baseball caps and And you were you know kind of kicking. He can their bots with with with yes sort of shoes at were fractured the price. Didn't there's a bit of that. There was a bit not big time. It's not so much anymore They used to bug you yet. Bugged me bug NEELA or I would go into high end department. Store like Barney's let's say and they wouldn't carry Steve Madden. They wouldn't dare carries the ban but all the people working in the Star Wars Steve Madden. Strive me crazy. Yeah Yeah it happened so many times and still to this day. There's a bit of that going on It's frustrating but if you step away from the balcony looking at this I would be like. Who Cares you crush them all like so big deal? Well I once was upset because they put puff daddy in the CFDA VA to see if he is a club for the FDA it said something for designers seventy a very very harsh and and they put puffy in there. And I thought to myself coffee visit. What does he have to are you in there? I'm not they will an even to this day let you cannot get into their closet allowed in the building so you know and they would say well you copy You know Balenciaga. Whatever it is yeah whenever the you know we we definitely are aware of expensive shoes news? That are out there. As a lot of these these high end designers could make the you could make the case that the younger crowd will enter the market by buying Steve Madden shoes. And there's this aspirational to buy manolas. I always say it's a gateway drug of shoes madden. They're not buying Lou batons towns and manolas without starting with Steve Madden. So Manila should give me tons love for that. I reached much. Many more people than T- you think that there will be a point where you are acknowledged by your peers. Is that important to you. I'm acknowledged by a lot of people probably too much. You know young men in coming up really know and identify with the struggle and the grind and what I've done so I think there's a different kind of respect going not what I had. I thought but another kind of respect and I feel it all the time you know. I'm walking down the street and people shout out to me and it's it's the real thing. How much of of your success do you think is because of your skill and intelligence are working and how much of it is? Because of luck I think a lot of it is luck I do. I think my own sort of philosophy is that the window of opportunity opens For you several times in life for one and I think the intelligence comes from knowing when that window window is open and being able to jump through that window because you can have all the talent in the world but sometimes the window is just not open besides the obviously the stuff that blend in prison. What mistakes that you made early in in business that you would have done differently knowing what you know now let me just say that Mistakes can be very good thing. Yeah so there were some mistakes that we may but we did so many great things and the thing about that is if you start getting gun shy and stop being afraid to make mistake. You'll never have the brilliant ideas you'll never have the big ideas you know if you try to hit the safe the safe ones you know. Then you're you're doomed. I feel like so you need to make mistakes. I need to make mistakes you need. You need to Goof. Because if if you're not goofing a few times it means you're not reaching that Steve Madden founder of Steve Madden shoots and by the way if you want to find out more. We're about Steve Story. He's got memoir coming out in a few months. It's called the cobbler. How I disrupted and industry fell from grace and came back stronger than ever? About how many repairs issues. Due to you actually own a Lotta shoots fanciest. Brand new I owned owned Johnston and Murphy the fanciest brand I do I own Johnson and Murphy shoes greatest. My Dad were.

Steve Madden CEO founder. Steve Story baseball Disney ESPN manolas Egypt Long Island Milan Manila Sabban CBA Manhattan East River CFDA VA Barney
"steve madden" Discussed on How I Built This

How I Built This

08:29 min | 1 year ago

"steve madden" Discussed on How I Built This

"Everyone just a quick thanks to our sponsors who help make this podcast possible possible. I two are how I built this. Two Thousand Nineteen lead sponsor his cocks. His Cox Business Insurance experts who understand that each business has unique as a fingerprint or Barcode and Taylor's intelligent insurance solutions to fit every business's very specific needs which may explain their ninety ninety seven percents customer service rating. Get a quote or purchase a policy at Hiscox DOT com. His Cox Business Insurance experts. Thanks also to to capital one capital. One knows. Life doesn't alert you about your credit card. That's why they created a capital one assistant that catches things might look wrong along with your credit card like over tipping duplicate charges or potential fraud and then sends an alert to your phone and helps you fix it. It's another way capital. One is watching out for your money when you're not capital one. What's in your wallet? Capital one dot com for details We're wrapping up twenty nineteen on pop culture happy hour by looking at everything we saw and heard this year and choosing just fifteen favorite things could could be a song a moment a movie. Anything we think is the best of the best of the year here are picks on pop culture happy hour from NPR. Hey welcome back to how I built this from. NPR So it's two thousand and two and after being implicated in a stock manipulation scheme Steve Madden goes on trial. He's convicted and sentenced to three and a half years in prison so in the space of just asked a few years. He goes from being one of the most famous and successful shoe designer in America to sitting in a prison cell. What did you think think I mean? Do you think I'm finished. My life is over. Yeah pretty much Thought I thought I was cooking. The goose was cooked. But I did have the sense that I could get through it. Were there people who knew you didn't like you. Who who were just feeling like He? He got his come up and so sure. Yeah I had made such a success in the shoe business and I was a bit of a rebel so now are people going to say. That's what happens when you do that. Where did you were? You were sent to Florida. Yeah Minimum Security. Yeah Yeah what they call a camp and what was your. Was your living situation like there. We lived in barracks. It was like a military barracks you had your own room. I lived in a cube you lived in a cube and with another guy or to pass the time well read a lot not exercised a lot and I taught some classes when I was there. Teach you when you got there and you knew that you were going to be there for at least you there for thirty one months but forty one hundred percents thirty one months thirty one once. Yeah did you ever get depressed. I don't know how much stay for thirty. Yeah my first night. I looked up at the ceiling and I said how the heck am I gonNa do this. How am I gonNA get through this? Did it go by faster than you expected. It seemed like thirty one years. Wow but I quickly Ascertained early on that whining in and moaning with not do me any good and running around saying I was innocent. Would not do me any good so I would try to get through. This tried to better myself if it sounds Corny but exercise and read and learn. And you know that kind of thing and so I- Dick Dick when you went to jail Steve Madden was doing very well right. When I went to jail it was doing well? They were you worried about the brand that the name your name was the brand that your at great people working for me I was I was really worried about surviving and getting through you personally company. The prison I was really more focused on getting through that experience. Did you think that you would you ever go back to Steve Madden the company Bill. Yeah so you had that horizon to do you think this is a really weird question breath curious to hear your your take on If you could trade the time you were in prison for just continuing on and not not not having that experience would you. Would you do it or do you think that this strangely enough that that time being incarcerated was important for your development as a person yet. That's exactly right I. I'm very big believer in destiny and your path and all that corny stuff. I just believe it viscerally. So I'm so grateful for my life after prison a married a great girl. I had great kids. I know that I would have had children. Had I not gone to prison so I regret some of my choices is shortcuts that I took or you know thinking that money was the most important thing I regret decisions like that but I don't regret a day in prison and an amazing experience is very painful. I mean the only thing I can disc- I've tried to describe it to people. Your heart gets broke every day gay. Yeah when you're in prison heartbreaks everyday. The living in prison part is not as terrible as one might think But your heart's breaking because you're not with the people you love that that's the difficult part prison. It sounds sounds like you became a much more empathetic person when when you were there and you saw people who unlike you who did not grow up like you who came from from different backgrounds who had who kind of ended up there because of circumstances well particularly the the African American experience really touched touch me and young men dealing drugs getting huge sentences unfair drug laws. That really were biased. Asked against black people so that was you know to see problems in those communities to talk to young black men and it's a very complicated issue. Yeah I just think I'll give you an example is a little thing but you know when I grew up up I went to grade school in the sixties right we. We learned that Robert e Lee was a kindly gentleman he was he was called a hero wrote like he let he defended his homeland of Virginia. And that's just that's that's just complete racism but we didn't realize it. It's subtle Donald Form of racism. So that's the kind of thing that You know those kind of feelings are stuff that came up in prison. You know that kind of thing that I learned within read more about it. Okay so you I think you get out in In two thousand and five and do you remember the day that that you were released. You know that's such an interesting question because I don't really want is a bit of a blur. I think of it now. I thought about that day when I was away for so long what it was going to be like. I can't remember it now. I really can. My wife picked me up and I think we should mention that while you were in prison you fell in love. Yes yeah and she picked me out. She was an employee that we had Sushi. And and I just I I just can't remember it was so it was such a blur. There was so much coming at me. You know when you're locked up. After after thirty months you know everything is like amazing like slice of pizzas. Like Oh my God like this is.

Steve Madden Cox Business Insurance NPR Hiscox DOT fraud Taylor Dick Dick America Robert e Lee Florida Virginia Donald Form
"steve madden" Discussed on How I Built This

How I Built This

02:05 min | 1 year ago

"steve madden" Discussed on How I Built This

"That I hadn't done it. And but you know more than wishing I hadn't done it because that's sort of an empty thing to say. I wish that I didn't feel compelled to do. I wish that I didn't have that feeling that money was everything because it's not. It's not everything so I was greedy and foolish Here's some trying to figure out you. are this creative guy. You create shoes. You design shoes and you've got a really really successful and growing business and then on the side you're doing this. These weird stock trades that are shady and slim shady ultimately to me legal. Why why would you even do that? Stuff on the side you know. Have the creativity in the business because you just you know you just get caught up. Just get caught up in this thing but a certain point. It can't be about money it has to be about fulfillment and weren't you fulfilled killed by just the creation of your shoes in senior shoes out in the world very heavy question how one gets fulfilled filled still grappling with that today. You know so there are moments where I'm very fulfilled. You know and and there are moments when I'm not I was raised to think that money was everything you know. Money is the center of the universe. And if that's what your core belief is you know you'll do anything and you break the law you know. Second money's like a drug in now now we got in trouble in just a minute has Steve Steve Madden pays and pays hard for his crimes and eventually how he comes back to the company he started to make it even bigger. Stay with us. I'm Guy Ross. You're listening to how I built this.

Steve Steve Madden Guy Ross
"steve madden" Discussed on How I Built This

How I Built This

09:23 min | 1 year ago

"steve madden" Discussed on How I Built This

"So. I'm assuming it was after you recover or that that you started Steve Madden. Yeah I was sober when I started Steve Madden. I mean it was just a miracle in I started I got sober. I started at this company and you know my life completely changed and when you started the company did you. Did you the cashed it to do it to to to launch it. You know a scrape together a little money but basically now your own money and what was What was the idea? What was the first idea? The idea was to basically do the same thing design and sell your is exactly the same idea. What was your first shoe? My first shoe was a clog was a backless clog and it made and who did you think would be your customer. That's a very good question At the time you know I would would say would be my contemporaries. You know so it was like thirty two. You know two three to a woman. Yeah I would say because I didn't really think about it. I just wanted to make shoes. You know it wasn't something that that I thought what happened. was I ended up making shoes for the genetics customer. Those would be people around forty today. Yeah right after. I guess that's right after to the baby boomers are they were. They were teens yell at twenty thousand discovered this market by accident. There was there. Were very ill served you know basically. We stepped stepped into that at Steve Madden. And how many did you make so you know the way it was we made it. We made awesome shoes. And you know we just got this fabulous reaction but not from the people. I thought I was going to get a reaction from which might contemporaries as which was from the younger kids. Were like the phone was ringing. Where did you get that shoe and all that stuff so we knew that something was going on you? So that's the track that we went on when you when you decided to to start Steve Madden. Did you have an office or were you working out of your network a few issue fact. So you've got a factory in New York in Brooklyn and and you worked with them and then you made I guess shoes and then what did you did you go to your former contacts that you had from. Yeah you know macy's anybody that carried shoes I sold and then I would go to the national shows and sell them all over the country but in that first in in that first year nineteen ninety. Yeah like you would go to shoe stores and they would take ten pair. You go with your sample case And later shoes out and people would buy them and that was it So what was happening now was was the market that I was selling to everybody in the shoe. Business walked away from the teenagers and stuff like that the young and it was a different generation ration- and so they had their own thing their own music and their own style and we just tapped into that whole thing and this was a market explicit some market at the time that was essentially actually abandoned by most you know it seems like they just abandoned nine West. It was a company called nine West that was dominating. The industry was there was Nike and Reebok. But nobody was like making like funky little shoes. It was kind of a throwback to the seventies you know from that other air so I kind of brought that back back then I was just in the right place at the right time. What were they supportive? They designed to be like cool but also affordable affordable inexpensive. I've always been sort of democratic with my shoes. Do you remember How many how much revenue you did in in in the first year I probably did? I don't know five hundred thousand. Just pretty good pretty good first year. Yeah and you named Steve Madden because it seemed like the obvious thing to do it seemed seemed like an easy name. Yeah did you ever think about using like a French name like a European sounded funny because it was originally the first couple the shoes were called. Sue leary all right Larry's old like the Yes. It's a French word for slipper And so you know there was some dispute about that brand or maybe I just wanted to call it. St Bad and I can't remember but I switched it pretty quickly because you there was one guy that called me up. How dare you I bought Soviet? I want Steve Madden nudity thick. You are yeah I always ageist. He's still in the shoe business. That guy and I always torture them when I see him all okay. So you've got this pretty good business going and year one. What are you thinking you thinking? Okay I mean. Did you have ambitions at that point. It already to make this into something so where matters. I started the business and you know I'm just not really don't have much money. I'm just sort of working hand to mouth breath and a friend of mine who grew up with went to work for this brokerage firm and they were raising money for small company. This is Danny Porush Danny report and You know we're going to raise you. We're GONNA get you as you six hundred grand and then we'll get you six million years working for brokerage. Yes he worked. He was a senior guy and and he said to you. Hey you need to expand your line really talented. I've known you my whole life. You know what would you do if you I've got six hundred thousand yeah You know hundred thousand was like six hundred million to me. Yeah and then he said well not only. Will I get you six hundred grand. But I'm GonNa get you six million dollars when I take your public and I laughed at him. You know because I probably had thirty thousand dollars in my heart to my name and so of course you're like like what thirty three thirty two something like that. And you're thinking you can raise me six hundred thousand bucks. That's right so so so so Daddy Help you go. And he helped me go public in his firm WISCON- Stratton oakmont a very famous. Aim for anybody. Who seen their will for Wall Street? Yeah good movie. My name is Jordan Belfort. The year I turned twenty six. I made forty nine million dollars. which really pissed me off? Because it was three shy of a million a week we should explain stratton. OAKMONT was just like call a pump and dump for they used to call them boiler and they would basically sell nukes Utah. Really crappy companies get jacked up all the shares make tons of money and so they basically were wanted to do this with Steve Madden right eight. They wanted to do with. Steve was the perfect guy for them. Because because you're not had a company and was small and they could do their thang with it fit the profile for those you know me my name Steve Madden. Yeah we know who you are so that scene with me. Talking in front of it was very accurate. We should explain the scene for people who haven't seen it. You go up in front of all these these traders in this boy listen. I started talking about my shoes thinking that they would be interested telling what they really weren't. I was just a piece of it was just a piece of paper and a piece of meat that they could itself believe it or not though the Mary. Lou is actually the same as the Mary Jane but his Black Leather. One of. Just to digress. From Ramon because people listening to this budding entrepreneurs. I'm not one of those entrepreneurs that that thought he was is going to be super successful. You know I was just trying to survive and I'm very negative very pessimistic. Unlike maybe some of the guys that you've done you know the shows total. I'm sure they got faked it. You know they're going to be thinking. Give me down to me. I think I'm going out of business every other day so it at that time. This is like ninety three. I guess when you're ninety two ninety three so we went public public. And how did the stock do will. They were totally manipulated. Repeated the stocks they went out and if it was a pump it was a classic pump and dump and only Steve Madden was a real company. Yeah so if you kept that stock on that day in Nineteen ninety-three and you own ten thousand shares. I haven't really done the math but I think you would be worth millions and millions of dollars today so the Stratton sale the company goes public strength. Takes public yeah all of a sudden it raises. How much money for you? I think the public offering was about seven million bucks. Wow so we use it I I took it and and in a very short period of time from a half a million bucks I was doing forty million a year fifty million and what did that third within thirty six months. Incredible so you get all this cash from from the initial public offering. Yeah And that I mean. Did you ask any questions. I mean these guys were They were totally breaking the law. I mean at that point. They were artificially inflating your stocks. Did you like were you suspicious at all about Danny and about strategy I mean did you. Did you think. Hey these.

Steve Madden Danny Porush Danny Stratton WISCON- Stratton Jordan Belfort Nike New York macy stratton OAKMONT Reebok Sue leary Ramon Utah Lou Mary Jane Brooklyn Larry
"steve madden" Discussed on How I Built This

How I Built This

07:01 min | 1 year ago

"steve madden" Discussed on How I Built This

"How'd you. How'd you end up working working at a shoe store at age? Sixty I worked in a shoe stores in high school. You know the neighborhood sort of cool shoe store old. The Guy that started the store Went to high school with my brother John so it was a job. It wasn't like hey I want to go work in shoes. It was just a job just sort of fell into it. Yeah I fell in love with it right away. What did you fall in love with? So it's hard to explain but at that moment in the shoe business you know. It was a very exciting time. Because this is like the early to mid seventies UCI like seventy before before I even started platform shoes with very big for men will really why time in the shoe brings four and so it was just very interesting. You know I was into it. I was into the the creative sort of vibe of the whole thing. What do you remember about working in that store? I remember working very hard very motivated even at a young age and was that I mean when you were there was thinking shoes. This is me by calling or where it was more like. I like selling stuff I love selling. He did I do but I also like creating stuff. Yeah and I like creating stuff to sell. It's always been sort of a core sort of philosophy of mind. I've never been like. Oh that's creative but you know nobody wants to buy it and then on the other hand you know just to sell without any kind of creativity borings me too so you are working at the store. The store is by the way called Tolusso. There's yeah and what who was the guy who ran it. So yeah there was this great guy his name was Lance Rupe. And I really most of what I know I got from the sky. You were sixteen. And he was in his twenty seven. Wow owned that store. Yeah and the thing about this guy was so interesting because he was a young man who was successful in creative and I never saw that the people that had that I thought of his business. And we're like like my father wrote the railroad and they were those long coats with the hats like Don Draper. Anyway Lance came along us. Is this artist. And he designed these shoes and also the wholesalers that sold him would be asking him for input on designs allow. Yeah because he was an up and incomer like a young gun so you are a high school student working at the shoe store but you have plans to go to college. You were going to go to college. Yeah I went to university. -versity of Miami in Florida to study study Golf and Sun Tans. I did good. Yeah Yeah I mean I love learning but it was I was on my own and it was too much. How how long did you last? They're a bit of a blur but I think it was about eighteen months and it wasn't for you it wasn't for me. My Dad did me the biggest favor by pulling me out of school when I say pulled me school. He refused to pay another fifty cents for me to fool around in college. So I went to work. You went back to Long Island. I went back. Act Long Island back to a to a shoe store went to work for an in another shoe store and shoes because you had experience doing that. I had experience so it was kind of a famous store. Store in Long Island called Jill door which most people know in New York so you are An air you're also sales guy just dealing with customers immersed in the store. Yeah I was just a sales guy on the floor. So you're out of you serve a college dropout. You're working at this shoe store selling shoes and I know what was your dad or your mom. They saying Steve. What are you? You know you're going to work at a shoe store your whole life. Do they say that at all. Did they leave you alone. There are people that said that it to me guys my own age you know making fun of me for working in his shoe store for sure it. Oh my father did not make fun of me. My father recognized that good. Hard work was good. You're working in a shoe store. And and I guess at a certain point you go to to the city to New York City to get the guy that owns loose lance opened up a wholesale company called the eljay Simone and he calls you out of the blue yes pretty much. Yeah and he says come to work himself. So that's what I did a little wholesale company. Yeah and what happened was I went to work there and we blew it up man. Well so how did you blow it up. You know. I went to work for them and it was like boom. We made it Nice Company on him and he was sourcing issues from shoe factories. And then what yeah. He was designing the shoes. And I was selling so he would design them. They would be made. And then you go from door-to-door store in would seldom and he taught me how to design shoes. How yeah yeah well you know? There's certain tricks of the trade and knowing what people like and working with different constructions and it was just the two of you at the beginning those a few guys involved oft was one I was at the beginning and it got very successful. Were you selling to we sell to macy's department stores wars. We sold to the bootlegger. I don't know if anybody's from wash I don't know anybody new. Remember the bootlegger we all over the country. And what's that that point point were you you start to think about maybe doing this for yourself or did you think this is great. I'M GONNA keep I'M GONNA. I'M GONNA ride this train. You know at some point I thought about doing it for myself. I was very happy there but at some point I thought you know I could do this. How much revenue doing when you were working for him? How much money would they making? I I would say they were doing. Maybe forty million a year. Wow so big maybe something like that. Yeah Yeah and and so what happened. Why did you leave? You know I had taken it as far as I could take and I just didn't want to have a boss anymore. It it was just time ready for me to sort of chart my own course and thirty. You're thirsty you there for a long time. I was there one and just to be clear. This point you are single not married no kids that time race single and you probably paid pretty well by Lance. We probably get making a decent living. I was made a lot of money with him. You know relative to the And and you weren't worried at all about risking risking all that I'm I'm still worried about it. Keep it then after this really good sal. Yes I'm where I was. I'm a warrior. You know. I'm a warrior. So yes but I just wanted to do it on my own again. This was also I mean. It's kind of a wild time right and you were to a tricky heavily you were. I was They started using drugs and drinking. I was pretty much gritty. neabry aided most in.

Lance Rupe Long Island New York City Act Long Island John macy Florida Don Draper Tolusso Miami Steve Simone
"steve madden" Discussed on How I Built This

How I Built This

04:57 min | 1 year ago

"steve madden" Discussed on How I Built This

"And today show how Steve Madden took high end shoe designs and give them low end. Prices turned his name into a three billion dollar. Shubra are so when I I was a kid. If you wanted to wear brand names and you couldn't afford the prices you'd go to Mervyn's or marshalls or Ross and you look for things called irregular. Her Adams maybe it was a pair of guess jeans missing Zipper or an esprit shirt with one arm slightly longer than the other and it was no big deal because you you still got the brand and you got it at Marshall's prices but then starting in the early nineteen nineties brands like h. m. and Zara started started to go global and it meant that all of a sudden many more people had access to high fashion designs but at a much lower price and this is the way that Steve Madden. I'd only tapped into but in a lot of ways pioneered especially when it came to shoes with Steve. Madden's you could all of a sudden by a pair of black stilettos. For Seventy Bucks. That look suspiciously like a nine hundred dollar pair of Manila blonde jokes or a sixty sixty dollar pair of Lego like heels. That were a knockoff of thousand dollar. BALENCIAGA's this was the genius of Steve Madden. He managed to carve out not very sweet spot between nine west and Christiane Lubaton now. This approach didn't come without consequences. The world of high fashion is an exclusive exclusive club and Steve Madden is largely unwelcome and one reason pedigree. Steve didn't apprentice at one of the great fashion houses houses. He didn't start out in Milan or Paris. In fact Steve didn't even study design and he's also kind of Brash and the bit of allowed mouth so brash fact that he was willing to break the law to get ahead. Steve spent two and a half years in prison for financial crimes. It's an experience that completely changed his life and we will get there but long before that Steve grew up in Long Island New York kimes a scrappy middle-class glass half Irish half Jewish kid. I was sort of a leader type. Charismatic sort of always pretty similar to the way I am now you know small small and had a big mouth and blue ambitious in little obnoxious. Probably the kind of kid who would get in trouble at school school Yeah I always got in trouble always in trouble. I had attention deficit disorder. I didn't know it then. Yeah nobody nobody knew. Yeah yeah that was the sixties and so oh. They didn't really talk about it then but I couldn't sit still. Yeah and Yiddish would say I had sh BILKIS. Doug right yeah so school was not your your forte now The only difference is that I was. I was a reader so and I loved history and I used to love to read about the moguls. You know that I was obsessed with summary. I was drawn to this thing about Louis. B. Mayer and Samuel Goldwyn in and these great entrepreneurs that I mean at a very young age it was like drawn to it. Yeah why why do you. I don't know why I mean you know I was. I guess it was is the the intersection of art and commerce. Yes it was very interesting to me and still is and those guys came from nothing most of them. Yeah and they were artists but they were businessmen. So is that kind of thing. Yeah Your Dad was in the textile business. whew just out of curiosity was your dad. Entrepreneurial did he have that kind of mind. Yes my dad was but he grew up in the depression and he was very limited if filled with fear because he had seen so much poverty so his he sort of capped. His upside was taker. He wasn't a great risk taker but he was a smart man he was a businessman but he never really made the big bucks because he was very safe which in a way I admire him because he stayed in. It's easy to criticize people like that. But he was always provided we weren't the we were right in the middle. I mean we weren't rich or anything but we weren't aren't the poorest but people got a ten speed bike and they got schwinn. I never got Schwinn and you wanted to be the kind of person who could that stuff. One day I did I always did. You always wanted to fly first class like I'd be riding in coach. You know I was like Doc. Get me.

Steve Madden Samuel Goldwyn schwinn marshalls Mervyn Ross Manila Christiane Lubaton Adams h. m. Marshall Brash financial crimes Louis Long Island New York Doug Zara Paris B. Mayer Milan
"steve madden" Discussed on Progressive Talk 1350 AM

Progressive Talk 1350 AM

02:17 min | 1 year ago

"steve madden" Discussed on Progressive Talk 1350 AM

"You know mom mama lows in the mosaic panel Newsday on making sure when my hands and almost face on TV does explain to the history of whaling Jennings doing the theme song for the Duke boys if you had a rate that bit of information I gave him but where would you put it as far as interesting or useful wow okay let's do two scores okay you pull one of our even zero maybe I could come up it could come up so I'll give it a one interesting great yeah that lyric was put in will Jennings own release of the song because in the title sequence the dukes of Hazzard you saw his hands playing the guitar you never saw his face yeah does mom couldn't understand a couple shown is hanging out TV yeah listen here's the thing with our guests today Steve Madden of course I was aware of Steve Madden this is a gigantic shoe empire yes and then I vaguely remembered some kind of tasty morsel about maybe him being wolf of Wall Street I'll show her like I remember them chanting Steve Madden Steve Madden he was in fact part of wolf of Wall Street he did go to prison for nearly four years and he is so candid about it so interesting to hear about how we built this you empire and then you know that sort of wrapped up in some not so great stuff like the Phoenix fell and then rose or rise or risen from the ashes and really took charge after that yeah because like back I also just really liked him and he was really muscular thing fit we we started off with pictures and I got my arms around his broad shoulders and I just had to say for someone above sixty lot of muscle mass yeah he had a lot of muscles power it wasn't one of the reasons I liked him right that's generally not what you're attracted to but for me big time big time so Steve Madden is here is our expert today and he is fascinating so please enjoy he's not how.

Newsday Jennings Hazzard Steve Madden
 Copycat Crimes? Rothys Cries Foul and Steve Madden Fights Back

Business Wars Daily

04:58 min | 1 year ago

Copycat Crimes? Rothys Cries Foul and Steve Madden Fights Back

"Business Wars daily is sponsored by salesforce salesforce customer relationship salesforce bringing companies and customers together visit salesforce dot com claiming that fast fashion brand Steve Madden did in a cease and desist letter sent to Steve Madden emptive lawsuits asking a federal court to declare that the shoes in question do not copy the roth news made with plastic bottles and recycle foam won the hearts of many including the duchess concern the shoe the duchess made famous the San Francisco Brand says that Steve Madden's Rosie in half of rockies one hundred forty five dollars it's a tough battle Roth ladder business all the resources it needs to win fights like this Steve Madden got urging Lee known as pump and dump following the IPO they sold their shares immediately and pocketed millions madden has always been in the business of imitation knocking off cheaper versions of high fashion Steve Madden continues to grow late last month the company expressed interest in buying Barneys eco-friendly startup all birds that company also sued Steve Madden Alleging copycatting according to fast company these law suits though seldom made a difference in the world of fast fashion some industries you see legal battles and out of court settlements are just the IT and produced by Elaine appleton grant research assistance from Elliot Shinseki Mbakwe in the salesforce is a customer relationship management solution they bring department in your company work as one and when all the departments in your company are working ships make sense salesforce bringing companies and customers.

Steve Madden LEE Elliot Shinseki Mbakwe Salesforce San Francisco Elaine Appleton One Hundred Forty Five Dollars
"steve madden" Discussed on Experts on Expert with Dax Shepard

Experts on Expert with Dax Shepard

11:33 min | 1 year ago

"steve madden" Discussed on Experts on Expert with Dax Shepard

"Cool. How old are you sixty one sixty one yeah okay. I just turned sixty one happy birthday. What date exactly march twenty third okay my daughter's twenty seven so i feel like i'm gonna love. You sure you have a very charming accent in the bowels of new york yeah but you're strong. I'm looking at you and i pray that when i'm sixty one i'm retaining the level of muscle mass. You have so i did. A couple of years was in prison. You know it's not something you lead wish. Especially i see dan. There's really not much to do but work out. I am obsessed with prison. I was in a movie about presents as close as i ever got was at joliet state prison and just acting in their steve just spending ten hours a day in the cell. I was like no fucking thing. If i reached my arms i could touch. Both walls still be very bent. That made me feel panicky. Yeah people are fascinated with it because because it's everybody's worst nightmare yes. That's really what it is. It is my worst nightmare which i imagine would become weirdly empowering to have lived through something gene that is everyone's worst fear like beating cancer for and give you this whole new perspective on life as a kid. Stay thank god. I don't have to have a baby because i don't know if i could do that like it's. It seems so terrible yeah yeah bursting baby. I was like a thank god and it doesn't look like i'm going to be going to the war rights because the vietnam war ended the draft was over and there was no draft. There was no war so i was grateful for that because that seemed to me h._b. Unbelievably bad guys just ten years older than you were going to vietnam and getting shot you know prison was the third thing right and i thought well yeah okay so let's start at the very thing you're from queens new york from rockaway. Kennedy airport goes right over the five towns and ferrari bright. My family is from that little neighborhood and you have to have a talion half jewish heff irish. You got the catholic right sir very rare. Irish jewish is very rare yeah. Italian jewish is not as rare. It's not as rare pick. The italian mothers similar to the jewish mother yeah yeah the overbearing overbearing mother irish mothers the not really that interested so dad irish and mom dad was irish and so. How did they meet well. My dad was from the christian part of jewish neighborhood. Oh okay it was a very jewish neighborhood but they had this little town where all the gentiles lived and that's where my dad was from. It was the end of world war two and i think they met at some sorta dance in the neighborhood. I suppose you know at the end of war. Imagine that maybe barriers were less steph jeff because we all gone to war. You felt very unified as just an americares problem agean yeah fifty eight so we'll you remember. I certainly remember to bring it way down for a second. The day of nine eleven and the day after i remember i was in santa monica and i went to <unk> seven eleven to buy shit and there was this bizarre civility to one another that i had never experienced planet earth and i was like a we are all <music> overly aware at this very moment that worth thing and that things under attack and we're in this together yeah born out of tragedy but but it was i was very aware and present for how unique that feeling was. It feels like we're not there right now. No no in fact it would be the opposite. I was it's very in their own camp and almost half to apologize for liking the president or short disliking the pressure know. It seems to be really well well. Our identity is now who we like politically which i think is bonkers. There's so many things like there's so many things that we come on my list when choosing a friend before who who they voted for me personally but this is a very extreme time that we're living in you must admit oh absolutely yeah yeah yeah and there's a bazillion theories. I have my armchair theories reason you have yours but i think social media's to me of very loud megaphone for difference. It must be that because it is extraordinary time. What you can't argue is that this is the most divisive president of all time. That's just not true andrew johnson. They had to get rid of him. He tried to go backwards on a man's patient proclamation. We had a civil war. Yeah i mean if you look at history. Lincoln would have been the most divisive. I mean literally device divided actually think that we're headed towards secession. I don't think it's out of the question. There's so much rancor between the two sides what i praise. It doesn't take something like nine eleven to fucking remind us us that we're all neighbors. I hope we're all enough to get there without some horrific incident. Well even tights america. I mean i've made that argument to friends of mine like people all over the world. We're all the same right now. There's a guy named abdul and his wife is breaking his balls yogi. I just like my wife broke my balls. You know what i mean. We're all the oh yeah ah yes. It would be great if everybody could get with that. Yes we have about ninety six percent in common. We all wake up. We don't want to wake up. We all got it then. Take a shit. We got a feed ourselves. We probably got to get kids to school but the time you get to the moment you would have your political debate. You've done nearly the same exact yangon plant earth. Is everyone else yes and that should be very unifying hainan bonding in my opinion. We're all plagued by being humans yeah. You're obsessed with defecation. I noticed yeah yeah interesting interesting in what way tell me you mentioned. It's just the beginning jews very obsessed with that. Germans are the mount is that cultural characteristic. I read a whole vanity fair article. They've got thirty two hundred words for shitting in the german language. It is interesting isn't it. It is i remember if i had a cold or something thing my jewish grandparents they would wanna give me like ex lax. Okay sure sure get it out. Get it out so mom and dad stayed married. They stayed married. Yes they stayed the fifty years. That's beautiful yeah both gone mix of jewish and christian at the same time in those days. It was rare. It's not rare today. I mean my kid goes to school well. Everybody's half jewish and i of course have this view of that time period that area that's very much informed by goodfellas does bronx tale. I have this kind of ideal at kids running around the street. People playing stickball is any of that. The one that touched me was madman. Oh he captured the essence of the family in the early sixties and my dad wearing a hat going off to work drinking. You know the drinking at lunch. She yeah and i'd watch that show. I feel like i was getting together with my dad seeing my dad so great and what did your dad do. He was a textile business. He sold fabrics to department apartment stores or fabric stores everyday would go off on the train and he'd wear that long coat anywhere the hat and then at night as a little boy pick them up at the train station with my mother a little boy it'd be in the backseat and he come walking off the train same train every night. What was the golden goose for him because see my dad sold cars yeah yeah so i could listen to you like four things. That would have been the pinnacle for him. One was owning your own dealership. You know there's all these things did dad have some obsession as has. He was building his career if he could just like. I think that my dad was so worried about losing everything that he grew up in the depression. He had me at like forty five forty six years old which was hold in those days. Oh shot that old anymore said the guy with a six year old he he grew up in a poverty stricken so his thing was always to have enough money to play golf on the weekends and have a cadillac. We did allow himself. He did okay were always lived in fear be operated out of fear and he would read to me the bankruptcy notices in the newspaper when i was like eleven a ah jake look see what's happening in the country and he would read this stuff and it is colored my business. I started this business many years later. Even though i don't look <unk> very conservative as a businessman i was very conservative and they used to call me chicken little. I used to always think we're going broke and sky was actually served me well because i built a big company so i have a similar disposition and i found at a certain point i had to go. It's time for you to shift gears because because this is gonna be limiting. You're not acknowledging what's really happening. In your has simplistic view you will you'll be limited by that is so was there ever an evolution but to grow a a business if you've gotta fuck in at some point swing for the fences now what you're asking me is deeper question object. What point did you think you deserved. Oh that's interesting all the stuff. I'm i'm a wealthy man today yeah. I don't think i am like i'll say look at tax big baller star well. That's not me and i'll do that like oh. Uh those people yeah that guy's fucking rich people look at me like you up in the hat yeah yeah and i am so my personal life in my i business would separate. I remember in the early nineties buying two pairs of cowboy boots brown and green. I was so wracked with guilt that i bought two para had return uh-huh. Did you have an entrepreneurial spirit as a kid. Were you like always trying to figure out how to make a couple of days. I mean i can remember being six years. Old and nine years is old and being different. I was different. I was always entrepreneurial. Shoveling snow cutting all that stuff caddying and if the guys were good looped up and they shot right well you might get a nice tip. Extra two bucks yeah. How did you do in school. Not well okay well. I have attention deficit disorder. I i was diagnosed as an adult. We didn't know about it. When i was growing up. I loved to read on my own. I loved history when you talked about andrew johnson that sad. Let's talk about that shit like that and that was just self taught. You're pulling your hair out sitting still in classroom for an hour at a time when i had hair i did pull it okay well. That's what happened it did. I had trouble focusing to his health for me. And how did this mix religion play out in the social circle. I kinda dug it. I was so now cast and i kind of enjoyed that and so amongst my jewish friends which i mostly had jewish friends just a little bit different different and i reveled in that jar and then the irish guys you know i was a jew. I'm sure you heard millions of jokes nonstop at your expense of course in how did you i thought it it was great. I enjoyed being an outcast. I didn't really have to pay a big price by the way in that. You didn't get your ass the black guy and a white school right you know something like that or you know the only jewish guy in a school the only indian girl and duluth almost for the sake of this the jewish guy in prison well. He graduated high school yeah i did. I graduate and i went to college. Where'd you go and went to university of miami. Okay florida yeah yeah. I only lasted a year it. Did you like to party when you yes. I enjoyed drugs. Yes me too much. Drugs says says he has are you sober. Yes i am you are assess..

president andrew johnson joliet state prison new york dan santa monica Kennedy airport yangon florida vietnam abdul Lincoln hainan rockaway duluth university of miami
"steve madden" Discussed on Experts on Expert with Dax Shepard

Experts on Expert with Dax Shepard

03:02 min | 1 year ago

"steve madden" Discussed on Experts on Expert with Dax Shepard

"Welcome welcome welcome to armchair expert experts on expert. I am dax expert. I'm joined by expert padma n- yeah. What am i an expert in. Oh goodness us all kinds of things. You're a veritable information center for the grove. God i am an expert at the grove. I could tell people perhaps even better than the mr astir grove john grow but on the way here now we're on lake michigan emissions would tell in michigan but we're in the woods by the lake and on the way here i saying to you. I'm a good old boy. A you know my mama lo's me budget can't understand nike nike show in my hands and face on tv and i was explaining to you the history of waylon jennings <hes> doing the theme song for the duke boys and if you had to rate that bid at information i gave you in but where would you put it as far as interesting or useful. Okay <hes> do two scores. Okay useful one or even zero. Maybe come up. Come up so i'll give it a one interesting seven. Oh great break that lyric was put in will jennings own release of the song because in the title sequence of dukes of hazzard. You saw his hands playing the guitar. You never saw his face was mom couldn't understand the cap shown his hands on t._v. Listen here's the thing with our guest today steve madden of course i was aware of steve madden has a gigantic shoe empire yes and then i vaguely remembered some kind of tasty morsel about maybe him being wolf of wall street sure like i remember them. Chanting steve madden steve man he was in fact part of of all street he did go to prison for nearly early four years and he is so candid about it was so interesting to hear about how he built this shoe empire and then you know that sorta wrapped up in some not so great stuff like the phoenix fell and then rose arised or risen from the ashes and really took charge after for that took his life back. I also just really liked him and he was really muscular fit. We we started off with pitchers and i got my arms around his broad shoulders and i just has had to say for someone above sixty lot of muscle mass yeah. He had a lot of muscle. Sour wasn't one of the reasons. I liked him right. That's generally not what you're attracted to but for me a big time big time so steve madden is here as our expert today in he is fascinating so please enjoy we are supported by bob's red mill now long before bob's red mill joined the sponsor team of eaten. What would you guess conservatively ton of odds red mellow ooh meal yes because it's gluten free and delicious and it's really generally how i start my day almost every single day just pro tip. I'll add a big scoop almond butter during their job..

steve madden Sour nike waylon jennings grove john lake michigan bob michigan hazzard mill four years
Malaysia hopes China will sympathize with its fiscal woes

Bloomberg Daybreak: Asia

00:24 sec | 2 years ago

Malaysia hopes China will sympathize with its fiscal woes

"On the eastern seaboard of the United States on, Sunday six thirty AM right here. In Hong Kong and in Singapore I'm Rishaad Salamat right three thirty in the afternoon out here in Los Angeles happy to be here we are about an hour and a half away from the started. Trading in Tokyo Sydney and Seoul three hours to go before we get Hong Kong and Shanghai the big questions this morning why. Is the Chinese currency up so much and why are Chinese.

United States Bloomberg Sydney China Cambodia Hong Kong CEO Malaysia New York Seoul Tokyo Jason Shankar Los Angeles Singapore Ariana Huffington Rishaad Salamat Kate Spade Delta Electronics Indonesia Steve Madden
"steve madden" Discussed on How I Built This

How I Built This

05:13 min | 2 years ago

"steve madden" Discussed on How I Built This

"Inspired. What was the last shoe that you designed to set curiosity. The last few I designed was last week last week, sneaker with studs. You designed a shoe last week. We have a factory in Long Island city just outside the East River in Manhattan, but I'm always fiddling with shoes and thinking about shoes. Of course, I have a great team that does most of the work and I take most of the credit. Now you see, you don't seem to be super obsessed over your own personal style. You like you got the baseball cap thing go in and you got, but you're not wearing like designer like runway outfits everyday? No, no. I looked like a garage mechanic. On that runway? Yeah, with t-shirts and jeans. I'm very lucky that's I don't take that for granted. I'm blessed that I'm the ability to wear a nice clean t shirt every day. Did you feel like I don't know, like some of these fashion folks kinda were snobby about you that they, I don't know. They didn't let you into their club because you weren't from Milan or didn't go to art school or baseball caps in. And you were, you know, kind of kicking their butts with with with? Yes, sort of shoes at were fractured the price. There's a bit of that. That was a bit not big time. It's not so much anymore. They used to bug you yet. Bugged me bug me a lot. Or I would go into a high end department store like Barney's, let's say, and there wouldn't carry Steve Madden. They wouldn't dare carries the man, but all the people working in the store war, Steve Madden. Would you strive me crazy? Yeah, yeah. That happened so many times and still to this day, there's a bit of that going on. It's frustrating. But if you step away from the balcony like me, looking at this, I would be like, who cares? You crush them all like so big deal. Well, I once was upset because they put puff daddy in the CFDA to see if t is a club for CFDA something for designers DA very, very posh and and they put puffy in there and I thought to myself puffy visit, what does he are you in there? I'm not even to this day. Name won't let you cannot get into their closet allowed in the building. So you know, and and they would say, well, you copy belonged CR. Ago, whatever it is. Yeah, whatever the you know and we, we definitely are aware of expensive shoes that are out there, you know, but but if he Matt, in some ways, a lot of these these high end designers could make. You could make the case that you know the younger crowd will enter the market by buying Steve Madden shoes, and then there's this aspirational to buy Manolas. I always say it's a gateway drug if shoes bad and not by Lou batons Manolas without starting with Steve Madden. So Manila should give me tons of love for that. I reached much many more people than t- think that there will be a point where you are acknowledged by your peers is important to you? I'm acknowledged by a lot of people probably too much, you know, young men coming up really know and identify with the struggle and the grind and what I've done. So I think there's a different kind of respect going, not what I had thought, but another kind of respect and I feel it all the time. I'm walking down the street and people shout out to me and. It's it's the real thing. How much of of your success do you think is because of your skill and intelligence? Hard work and how much of it is. Because of luck, I think a lot of it is luck. I do. I think my own sort of philosophy is that the window of opportunity opens. For you several times in life for one, and I think the intelligence comes from knowing when that window is open, and you know, being able to jump through that window because you have all the talent in the world. But sometimes the window is just not open. Besides the stuff that blend imprison, what mistakes that you made early in business that you would have done differently? Knowing what you know. Now, let me just say that. Mistakes can be very good thing. Yeah. So there were some mistakes that we may, but we did so many great things. And the thing about that is if you start getting gun shy. And stop being afraid to make a mistake. You'll never have the brilliant ideas. You'll never have the big ideas. You know, if you just try to hit the saf- the saf- ones, you know, then you're, you're doomed feel like, so you need to make mistakes. We need to make mistakes. You need. You need to because if you're not goofing few times, that means you're not reaching.

Steve Madden baseball CFDA Long Island saf Manhattan East River Milan Manolas Manila Matt Barney Lou
"steve madden" Discussed on How I Built This

How I Built This

06:56 min | 2 years ago

"steve madden" Discussed on How I Built This

"Yeah. So I, I'm assuming it was after you, you recover that that you started, Steve Madden? Yep. I was sober when I started Steve Madden that, and it was just a miracle and I started, I was got sober. I started this company and you know my life completely changed. And when you started the company, did you did you the cashed it to do it to to launch it? You know, I scraped together a little money, but basically now your own money? Yeah. And what was the what was the idea? What was the first idea? The idea was to basically do the same thing design and sell your is exactly the same idea and what was your first shoe? My first shoe was a clog was a backless clog and it made. And who did you think would be your customer? That's a very good question. At the time, you know, I would say it would be my contemporaries, you know? So I was like thirty two, you know, two three to a woman? Yeah, I would say because I didn't really think about it. I just wanted to make shoes. You know, it wasn't something that I thought. But what happened was I ended up making shoes for the genetics customer. Those would be people around forty today. Yeah, right after I guess that's right after the baby boomers, they were. They were teens yell at this is covered this market by accident. There was there were very ill served. You know, basically we stepped into that at Steve Madden. And how many did you make? So you know the way it was, you know, we made it. We made some shoes. You know, we just got this fabulous reaction, but not from the people. I thought I was going to get a reaction from which might contemporaries, which was from the younger kids that will like the phone was ringing. Where did you get that shoe and all that stuff? So we knew that something was going on you. So that's the track that we went on when you. So when you decided to to start Steve Madden, did you have an office or were you working out of your? I worked in a shoe factor issue. So you've a factory in New York in Brooklyn, and and you worked with them and then you made, I guess, some shoes. And then what did you did you go to your former contacts that you had from? Yeah, you know Macy's, anybody that carriage shoes are sold, and then I would go to the national shows and sell them all over the country. But in that first in that first year nineteen ninety. Yeah. Like you would go to shoe stores and they would take ten pair, go with your, you go with your sample case. And lay your shoes out and people would buy them and that was it. So. What was happening was the market that I was selling to everybody in the shoe business, walked away from it, the teenagers, you know, and stuff like that. The young and was a different generation, you know. And so they had their own thing, their own music in their own style. And we just tapped into that whole thing. And this was a market explains some market of the time that was essentially abandoned by Moshi. You know, it seems like they just abandoned nine west. It was a company called nine west that was dominating the industry. Plus there was Nike and Reebok, but nobody was like making like funky little shoes. It was kind of a throwback to the seventies. You know from that other ear. So I kind of brought that back then. I was just in the right place at the right time where they support, are they designed to be like cool, but also affordable inexpensive. I've always been sort of democratic with my shoes. Do you remember how many amateur revenue you did in in in the first year? I probably did. I don't know. Five hundred thousand tips pretty good. Pretty good. Firstly. Yeah. And you named Steve Madden because it seemed like the obvious thing to do. It seemed like an easy name. Yeah. Did you ever think about using like a French name? Like a European sounded? You know, it's funny because it was originally the first couple of shoes called sue Leary. All right. Like old like the French word for slipper. And so you know there was some dispute about that brand or maybe I just wanted to call it Steve Madden? I can't remember, but I switched it pretty quickly it. 'cause you were there was one guy that called me up. How dare you? I bought Suliana want Steve Madden nudie think you are. Yeah, I always on a guy still. He's still in the shoe business that guy, and I always torture them when I see him. All right. So you've got this pretty good business going in year one. What are you thinking? Are you thinking? Okay. I mean, did you have ambitions at that point already to make this into something. So where a mad is I started the business and you know, I'm just not really don't have much money. I'm just sort of working hand to mouth and a friend of mine who I grew up with went to work for this brokerage firm and they were raising money for small company. This is Danny Porush Danny pork, and you know we're going to raise you. We're gonna get you berets you six hundred grand and then we'll get you six million years working for brokerage. Yes, he worked. He was a senior guy and and he said to you, hey, you need to expand your line. Really talented. I've known you my whole life. You know, what would you do if you got six hundred thousand? Yeah, you know hundred thousand was like six hundred million to me. Yeah. And then he said, well, not only will I get you six hundred grand, but I'm gonna get you six million dollars. When I take your hub, Nick and I laughed at him. You know because I probably had thirty thousand dollars in my heart through my name. And so of course you're like what? Thirty? Three thirty two something. Like that? Yeah. And you're thinking you can raise me six hundred thousand bucks do it. That's right. So so so so daddy help you go public and he helped me go public in his firm was called Stratton Oakmont a very famous name for anybody who seen there will Wall Street. Yeah. It was pretty good movie actions. My name is Jordan Belfort the year. I turned twenty six. I made forty nine million dollars which really pissed me off because it was three shy of a million a week. We should explain. Stratton Oakmont was this like call a pump and dump for? Yeah, they used to call them boiler, right. And they would basically sell. They would sell really crappy companies. It would get the checked up. All the shares make tons of money would lose loser. Yes. And so they basically were wanted to do this with Steve Madden, right? They wanted to do Steve Madden. So I was the perfect guy for them because because you know, I had a company and do a small and they could do their thing with it. You know, fit the profile. For those who don't know me my name, Steve Madden. Yeah, we know who you are.

Steve Madden Stratton Oakmont Macy Jordan Belfort Nike New York sue Leary Reebok Danny Porush Nick Brooklyn Danny pork forty nine million dollars thirty thousand dollars six million dollars six million years