Post-prison growth came from strong products and hiring for operational weaknesses.
Steve Madden · Steve Madden: Steve Madden (2018) · Dec 23, 2019 · at 36:35
Steve Madden describes the key operational drivers behind Steve Madden Ltd. growing past half a billion dollars in revenue following his prison release.
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“The marketing wasn't super fantastic. It was just great shoes, great prices, great value, and you know, I think that we just wore everybody out with that. You know, more people were giving us their open to buy, and we opened more stores, you know, and 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 at Steve Madden, is that I've hired so many great people. It starts with recognizing my own limitations.”
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