How I Built This with Guy Raz

Steve Madden: Steve Madden (2018)

Dec 23, 2019
Steve Madden, founder of Steve Madden Ltd., shares his incredible journey from selling shoes in high school to building a billion-dollar brand. He opens up about overcoming personal struggles, including a stint in prison due to a securities fraud case, which ultimately transformed his perspective on success and fulfillment. Madden also discusses the pivotal role of resilience in entrepreneurship and how the merging of high-end designs with affordability shaped his company's identity. Plus, a brief insight into young entrepreneur Gabby Goodwin's inspiring hair bow innovation!
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INSIGHT

1970s Shoe Trends

  • The 1970s were an exciting time for the shoe business, with platform shoes trending.
  • This era's creative vibe greatly influenced Steve Madden's interest in shoe design.
ANECDOTE

Post-College Shoe Store Work

  • After dropping out of college, Madden worked at various shoe stores, including Jildor.
  • Despite facing some ridicule, his father supported his hard work.
ANECDOTE

Mentorship and Founding Steve Madden

  • Madden's mentor, Lance Rubin, helped him learn shoe design and sales at LJ Simone.
  • Madden left at 31 to start his own company.
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