Steve Madden fell in love with the shoe business in the 1970's, when he sold
platform shoes at a neighborhood store in Long Island, New York; that was in
high school. About 15 years later, he struck out on his own, designing and
selling shoes with a high-end look at affordable prices. As his business—and
his ambitions—began to grow, he got involved in a securities fraud scheme and
wound up serving two and-a-half years in prison. In 2005, he returned to Steve
Madden, where he helped the company grow into a business valued at $3 billion.
PLUS in our post-script "How You Built That," we check back with "kid-preneur"
Gabrielle Goodwin and her mom Rozalynn who invented GaBBY Bows—double snap
barrettes that don't slip out of your hair.
Read more
Steve Madden fell in love with the shoe business in the 1970's, when he sold
platform shoes at a neighborhood store in Long Island, New York; that was in
high school. About 15 years later, he struck out on his own, designing and
selling shoes with a high-end look at affordable prices. As his business—and
his ambitions—began to grow, he got involved in a securities fraud scheme and
wound up serving two and-a-half years in prison. In 2005, he returned to Steve
Madden, where he helped the company grow into a business valued at $3 billion.
PLUS in our post-script "How You Built That," we check back with "kid-preneur"
Gabrielle Goodwin and her mom Rozalynn who invented GaBBY Bows—double snap
barrettes that don't slip out of your hair.
Read less