All language subtitles for Maddman.The.Steve.Madden.Story.2017.1080p.WEBRip.x264.AAC5.1-[YTS.MX]ENG

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:02,000 --> 00:00:07,000 Downloaded from YTS.MX 2 00:00:08,000 --> 00:00:13,000 Official YIFY movies site: YTS.MX 3 00:00:16,950 --> 00:00:20,321 [interviewer] So tell me what you know about Steve Madden, the actual guy. 4 00:00:23,291 --> 00:00:26,127 I didn't even think Steve Madden was a real guy. [laughs] 5 00:00:26,160 --> 00:00:27,661 I just thought it was like a brand. 6 00:00:30,831 --> 00:00:33,601 [reporter] Shoe salesman to fashion mogul, 7 00:00:33,634 --> 00:00:35,469 Steve Madden is one of the biggest names seriously in the game. 8 00:00:35,503 --> 00:00:36,370 [reporter] Without a doubt. 9 00:00:41,442 --> 00:00:44,178 [reporter] With 310 stores in 76 countries, 10 00:00:44,212 --> 00:00:48,582 his his public company is a significant player in the fashion business. 11 00:00:48,616 --> 00:00:52,653 I know probably-- nothing actually. 12 00:00:52,686 --> 00:00:55,789 We take a look at a thriving publicly traded company, 13 00:00:55,823 --> 00:00:57,858 and the guy behind it all one of the bluntest, 14 00:00:57,891 --> 00:01:00,628 least likely CEO's you're ever gonna meet. 15 00:01:00,661 --> 00:01:03,631 Maybe it's like two guys last names put together. I don't know. 16 00:01:03,664 --> 00:01:05,733 Is he from Europe possibly? 17 00:01:07,668 --> 00:01:09,837 [reporter] Shoemaker Steve Madden was arrested on charges of 18 00:01:09,870 --> 00:01:11,839 money laundering and securities fraud. 19 00:01:11,872 --> 00:01:14,708 [reporter] Steve Madden been running for the last-- 20 00:01:14,742 --> 00:01:17,111 almost 50 months out of a prison cell. 21 00:01:19,913 --> 00:01:22,516 Is he a "he"? Maybe he's a "she". 22 00:01:22,550 --> 00:01:25,453 He could be gay, but that's all right. 23 00:01:25,486 --> 00:01:26,587 Little bit awkward. 24 00:01:26,620 --> 00:01:28,389 Definitely has some sass. 25 00:01:28,422 --> 00:01:30,391 Maybe like white hair, but a cool white. 26 00:01:30,424 --> 00:01:33,861 Mustache. Dark hair. I don't know. 27 00:01:33,894 --> 00:01:36,830 Maybe close to 40. 28 00:01:39,533 --> 00:01:42,270 [reporter] The shoe is on the other foot for Steve Madden 29 00:01:42,303 --> 00:01:45,206 which just released their third quarter earnings that blew away estimates, 30 00:01:45,239 --> 00:01:47,441 and they say, "You know what? We'll do it again." 31 00:01:47,475 --> 00:01:52,913 I know he was in that movie with Leonardo DiCaprio and Jonah Hill. 32 00:01:52,946 --> 00:01:54,315 Wolf of Wall Street". 33 00:01:54,348 --> 00:01:55,716 Steve Madden. 34 00:01:55,749 --> 00:01:57,485 [off screen laughs] Steve Madden. 35 00:01:57,951 --> 00:01:59,387 Steve. 36 00:01:59,420 --> 00:02:01,222 -Steve. -Um. 37 00:02:01,255 --> 00:02:02,256 No, I don't know. 38 00:02:02,290 --> 00:02:03,524 I don't really know. [laughs] 39 00:02:03,557 --> 00:02:06,260 We don't know anything about him. 40 00:02:06,294 --> 00:02:08,529 Right. Who the fuck is Steve Madden? 41 00:02:08,562 --> 00:02:10,731 I ask myself that question everyday. 42 00:02:10,764 --> 00:02:12,733 How did my brother do this? 43 00:02:29,583 --> 00:02:33,387 You know, they call me a shoe mogul, so it's funny. 44 00:02:33,421 --> 00:02:34,922 It's kind of an illusion, the whole thing, 45 00:02:34,955 --> 00:02:37,625 and it's just like- this is what I have. 46 00:02:37,658 --> 00:02:41,195 I didn't set out to do this. 47 00:02:41,229 --> 00:02:43,864 And to this day, I struggle with that, you know? 48 00:02:43,897 --> 00:02:46,400 I think, "What am I? 49 00:02:46,434 --> 00:02:49,537 Am I just a great hustler and entrepreneur? 50 00:02:49,570 --> 00:02:51,772 I mean, am I a great businessman? 51 00:02:51,805 --> 00:02:53,907 Am I a designer? Am I an artist?" 52 00:02:55,243 --> 00:02:56,244 I still don't know. 53 00:02:56,677 --> 00:02:58,346 [music plays] 54 00:03:07,988 --> 00:03:10,491 Let's start. Nancy! 55 00:03:10,524 --> 00:03:11,892 Get me Karla on the intercom. 56 00:03:11,925 --> 00:03:14,495 Yes. Hey, is Karla with you? 57 00:03:14,528 --> 00:03:16,864 Working at Steve is like a 24/7 job. 58 00:03:16,897 --> 00:03:18,966 But I think if you're really in the shoe business, 59 00:03:18,999 --> 00:03:20,668 then you never turn off anyway. 60 00:03:20,701 --> 00:03:22,736 [Steve Madden] Can we just sell this fucking shoe already? 61 00:03:22,770 --> 00:03:24,204 Get it done! 62 00:03:24,238 --> 00:03:30,978 It starts a lot of times with spotting something, a concept that he sees. 63 00:03:31,011 --> 00:03:32,613 [Karla Frieders] If he's like I love that shoe. 64 00:03:32,646 --> 00:03:34,715 I love it, I love it, I love it if he's never seen it. 65 00:03:34,748 --> 00:03:36,884 You know, I've actually seen him say, like, 66 00:03:36,917 --> 00:03:38,452 "Let me buy you a new pair of shoes, 67 00:03:38,486 --> 00:03:40,254 and let me take the one off of your foot." 68 00:03:40,288 --> 00:03:41,422 Always on the job, huh? 69 00:03:41,455 --> 00:03:44,024 Always. Always on the grind. 70 00:03:44,057 --> 00:03:46,527 He'll come in and he'll be excited about something like that 71 00:03:46,560 --> 00:03:53,000 and start talking about it, and suggest a last or a material or a shape. 72 00:03:53,033 --> 00:03:54,735 We love this, right? 73 00:03:56,837 --> 00:03:58,706 We need lots of shoes like this. 74 00:03:58,739 --> 00:04:00,541 Let's switch it to two colors. 75 00:04:00,574 --> 00:04:01,575 A black and a gold? 76 00:04:03,577 --> 00:04:08,282 And then we try to take that idea and make it a reality. 77 00:04:08,316 --> 00:04:10,351 You know, it's speed and product. 78 00:04:10,384 --> 00:04:13,521 It's how quickly we can get something made profitably 79 00:04:13,554 --> 00:04:15,689 and get out to our stores as quickly as possible. 80 00:04:15,723 --> 00:04:16,857 That's where you feel the energy. 81 00:04:20,361 --> 00:04:21,729 Is that--? I don't think that-- 82 00:04:21,762 --> 00:04:23,597 I'm making the two tones no matter what you say, 83 00:04:23,631 --> 00:04:25,499 so, tough shit. 84 00:04:25,533 --> 00:04:30,738 It's a remarkable thing to be able to build right in your own office. 85 00:04:32,340 --> 00:04:33,974 I really don't like the two tone there. 86 00:04:34,007 --> 00:04:35,609 I just don't know how she wears it. 87 00:04:35,643 --> 00:04:36,677 It's too much shoe. 88 00:04:36,710 --> 00:04:38,379 If we see something not working, 89 00:04:38,412 --> 00:04:40,681 we're capable of changing it around quickly. 90 00:04:44,017 --> 00:04:46,320 Within three or four hours, the shoe is done. 91 00:04:46,354 --> 00:04:50,624 Somebody's taking it right to a store and putting it on a shelf 92 00:04:50,658 --> 00:04:52,560 We want to see the finished product in the stores, 93 00:04:52,593 --> 00:04:54,895 who's buying it? "Oh, look, that girl's trying it on. 94 00:04:54,928 --> 00:04:56,364 Who is that? How old is she? 95 00:04:56,397 --> 00:04:58,399 What do you think?" And you want to listen to what she's saying. 96 00:04:58,432 --> 00:05:01,034 We like sit there and analyze, analyze, analyze. 97 00:05:01,068 --> 00:05:06,407 If we can sell this 8 of 12 on a Saturday in downtown Soho, we know we have a winner. 98 00:05:06,440 --> 00:05:08,842 When we get something out there that doesn't hit the mark, 99 00:05:08,876 --> 00:05:10,578 it costs us a lot of money. 100 00:05:10,611 --> 00:05:12,380 Does that make any sense to anybody? 101 00:05:12,413 --> 00:05:13,647 I don't understand that! 102 00:05:13,681 --> 00:05:15,883 Right! Wait! No one move a muscle. 103 00:05:18,118 --> 00:05:20,521 Tell Rob to get his ass in here. 104 00:05:21,389 --> 00:05:22,623 [phone dialing] 105 00:05:44,912 --> 00:05:46,046 So what happened? 106 00:05:47,114 --> 00:05:48,616 We had one bad shoe. 107 00:05:50,150 --> 00:05:51,118 What shoe is that? 108 00:05:54,588 --> 00:05:55,623 Jesus. 109 00:05:55,656 --> 00:06:00,861 That is so bad that it makes me physically ill. 110 00:06:00,894 --> 00:06:02,730 Did you ever see anything worse in your life? 111 00:06:02,763 --> 00:06:04,097 What the fuck is that? 112 00:06:05,733 --> 00:06:07,501 Fuck the camera, listen to me. 113 00:06:07,535 --> 00:06:09,737 It's just like you went into the shoe business six months ago, 114 00:06:10,203 --> 00:06:11,472 I swear to god. 115 00:06:11,505 --> 00:06:12,606 I'm like watching you, 116 00:06:12,640 --> 00:06:14,475 did you just like enter into an internship program? 117 00:06:14,508 --> 00:06:16,143 I'm trying to learn. 118 00:06:16,176 --> 00:06:18,111 What are you learning? They're fucking six dollars a foot leather. 119 00:06:18,145 --> 00:06:19,847 -How did I know that? -What is there to fucking lea 120 00:06:19,880 --> 00:06:21,348 Jesus. 121 00:06:21,381 --> 00:06:23,684 How would I know that? You had them in the store $149. I didn't know-- 122 00:06:23,717 --> 00:06:27,788 I mean, it's unbelievable, I mean, it's-- we-- you know it's-- 123 00:06:29,056 --> 00:06:30,458 What are you looking at me for? 124 00:06:30,491 --> 00:06:31,625 Wait, wait, wait, wait, wait. 125 00:06:31,659 --> 00:06:33,060 [Rob Schmertz] What? Say it, John. 126 00:06:33,093 --> 00:06:34,795 I mean you blame me that I don't confirm anything-- 127 00:06:34,828 --> 00:06:37,431 face for? I mean you blame me that I don't confirm anything-- 128 00:06:37,465 --> 00:06:38,999 Did that happen or it didn't happen? 129 00:06:39,032 --> 00:06:40,200 John, you also know-- 130 00:06:40,233 --> 00:06:41,368 We're just behind the eight ball everywhere. 131 00:06:41,401 --> 00:06:44,805 Because I do think that that is the shoe of the year. 132 00:06:44,838 --> 00:06:47,475 What? I think we're getting confused here. 133 00:06:47,508 --> 00:06:50,778 The colors outside of the gold are dogshit. 134 00:06:50,811 --> 00:06:52,780 So if you want to do something about it, do something about it. 135 00:06:53,614 --> 00:06:54,815 -Rob? -I hear you. 136 00:06:54,848 --> 00:06:55,849 You can do it. 137 00:06:57,184 --> 00:06:59,019 [Rachelle Watts] It's really tough, 138 00:06:59,052 --> 00:07:01,154 and then eventually you get over it and you realize 139 00:07:01,188 --> 00:07:05,493 it's because he still gives a shit so much, you know? 140 00:07:05,526 --> 00:07:06,827 And so do we. 141 00:07:08,796 --> 00:07:10,564 Fuck it, it is what it is 142 00:07:10,598 --> 00:07:12,700 Gotta go back to work the next day. 143 00:07:12,733 --> 00:07:13,701 [music plays] 144 00:07:13,734 --> 00:07:15,503 [Indistinct chatter] 145 00:07:34,221 --> 00:07:35,723 Am I still mic'd? 146 00:07:35,756 --> 00:07:36,824 [interviewer] Yeah, you're good to go. 147 00:07:38,626 --> 00:07:41,529 Yeah, this is the kids. So cute. 148 00:07:41,562 --> 00:07:42,996 They're so fucking cute. 149 00:07:44,565 --> 00:07:46,767 Here it is. That's the house I grew up in. 150 00:07:48,035 --> 00:07:49,570 We were in the neighborhood and I said, 151 00:07:49,603 --> 00:07:51,572 do you want to see where Daddy was born? 152 00:07:51,605 --> 00:07:53,641 They're always asking questions about that stuff. 153 00:07:54,808 --> 00:07:57,177 Can you get that? Isn't that awesome? 154 00:07:58,211 --> 00:07:59,913 [slide turning noise] 155 00:08:05,753 --> 00:08:09,056 Steve as a kid was kind of bratty. 156 00:08:09,089 --> 00:08:10,724 Oh, I had that lovely hair. 157 00:08:10,758 --> 00:08:11,992 And obnoxious. 158 00:08:12,025 --> 00:08:15,028 Flowing locks of blondish red hair. 159 00:08:15,062 --> 00:08:17,898 It didn't look like it does now. That's for sure. 160 00:08:20,233 --> 00:08:22,870 I grew up in Cedarhurst, Long Island. 161 00:08:22,903 --> 00:08:25,105 You know, in my neighborhood it was mostly Jewish folks. 162 00:08:25,138 --> 00:08:29,943 I was really the only half-Jewish guy that I knew. 163 00:08:29,977 --> 00:08:32,746 Steve was one of the first kids I met when I moved to the neighborhood. 164 00:08:32,780 --> 00:08:35,048 And then the same group of kids that we met, we-- 165 00:08:35,082 --> 00:08:36,784 it was the same group of kids we were friends with 166 00:08:36,817 --> 00:08:40,020 all the way through middle school, high school, and after. 167 00:08:42,122 --> 00:08:43,557 [school bell ringing] 168 00:08:44,958 --> 00:08:46,927 I was a bit of a pain in the ass. 169 00:08:46,960 --> 00:08:49,162 You know, I was an annoying kid. 170 00:08:49,196 --> 00:08:51,331 He antagonized. 171 00:08:51,364 --> 00:08:53,634 I'd come into town, he'd be in high school. 172 00:08:53,667 --> 00:08:54,534 We'd go out and play golf. 173 00:08:54,568 --> 00:08:56,837 The guys in front of us were too slow, 174 00:08:56,870 --> 00:08:58,205 he'd just hit the ball at them. 175 00:08:58,238 --> 00:08:59,840 And they start screaming at him, 176 00:08:59,873 --> 00:09:02,275 and he'd scream back at them. 177 00:09:02,309 --> 00:09:06,680 You know, I was told I was a fuck up and I was acting that out. 178 00:09:06,714 --> 00:09:11,819 But I knew that I had a sort of a- an artistic spirit, for sure. 179 00:09:11,852 --> 00:09:13,921 But you know, I didn't really understand it. 180 00:09:16,256 --> 00:09:17,958 With two parents from the depression, 181 00:09:17,991 --> 00:09:19,893 they talked about it all the time. 182 00:09:19,927 --> 00:09:21,995 I was brought up with the fear of being broke, 183 00:09:22,029 --> 00:09:23,864 you know, we could lose all our money-- 184 00:09:23,897 --> 00:09:26,166 it was very prevalent in our house. 185 00:09:26,199 --> 00:09:27,968 My father beat it into me, you know, 186 00:09:28,001 --> 00:09:31,371 "It's all about being successful in business, 187 00:09:31,404 --> 00:09:34,675 and you know, the winners are the entrepreneurs." 188 00:09:34,708 --> 00:09:39,112 To my family, being creative was being able to fix a television set. 189 00:09:39,146 --> 00:09:41,849 The sort of bias against creativity, 190 00:09:41,882 --> 00:09:43,817 especially in my house. 191 00:09:43,851 --> 00:09:48,221 Just wasn't nurtured, you know, or anything? 192 00:09:48,255 --> 00:09:52,292 It was always like, you shouldn't even go down that road. 193 00:09:52,325 --> 00:09:54,895 They thought it was all about hard work, you know? 194 00:09:58,999 --> 00:10:00,267 So in an effort to straighten me out, 195 00:10:00,300 --> 00:10:02,870 my dad said I had to go to work. 196 00:10:02,903 --> 00:10:07,140 So I got a job at a shoe store called Toulouse and worked in the basement. 197 00:10:07,174 --> 00:10:11,044 It was such a creative time in the shoe business when I started. 198 00:10:11,078 --> 00:10:14,815 Fashion explosion were platform shoes. 199 00:10:14,848 --> 00:10:16,316 [music plays] 200 00:10:18,018 --> 00:10:20,253 It was the early 70s, 201 00:10:20,287 --> 00:10:23,757 there was this whole kind of androgynous, 202 00:10:23,791 --> 00:10:27,160 bisexual sort of thing that was happening. 203 00:10:28,762 --> 00:10:31,699 It was from England. They called it Glam rock. 204 00:10:34,334 --> 00:10:37,137 Actually it was men that inspired the platform movement, 205 00:10:37,170 --> 00:10:38,405 more than the women. 206 00:10:40,040 --> 00:10:41,208 I love them, they were great. 207 00:10:41,241 --> 00:10:42,743 They were like theatrical. 208 00:10:42,776 --> 00:10:44,277 And I would try them on in the basement, 209 00:10:44,311 --> 00:10:45,913 and I wanted to see what it was like. 210 00:10:45,946 --> 00:10:51,685 It was like, "Whoa! Ya know, Shoes! Holy smokes." 211 00:10:51,719 --> 00:10:54,822 I worked for a shoe store, but that it was in that kind of thing, 212 00:10:54,855 --> 00:10:55,923 that's where I come from. 213 00:10:59,359 --> 00:11:01,361 I wanted to get up on the floor and sell shoes. 214 00:11:02,763 --> 00:11:05,165 I just made my way up there. I didn't ask 215 00:11:05,198 --> 00:11:07,400 And they were forced to keep me up there, 216 00:11:07,434 --> 00:11:09,236 I was a good seller. 217 00:11:09,269 --> 00:11:10,838 A girl would come and you would help pick the shoes 218 00:11:10,871 --> 00:11:12,906 shoes that this girl would wear everyday. 219 00:11:12,940 --> 00:11:15,876 You were part of designing their lifestyle and their wardrobe. 220 00:11:15,909 --> 00:11:17,410 Totally got a rush out of it. 221 00:11:17,444 --> 00:11:19,446 And I got obsessed with shoes. 222 00:11:19,479 --> 00:11:22,215 Trying to figure out why something became big-- 223 00:11:22,249 --> 00:11:24,952 like why something became popular. 224 00:11:24,985 --> 00:11:28,088 I realized you could bring some creativity to the business side of things. 225 00:11:29,890 --> 00:11:32,459 You know, so I found something I was really good at, 226 00:11:32,492 --> 00:11:34,962 and then I had to let it go because I had to go to college. 227 00:11:36,029 --> 00:11:39,199 As he got into college and he got into, 228 00:11:39,232 --> 00:11:43,370 let's say his-- 19/20 years old, and I was 30 years old. 229 00:11:44,938 --> 00:11:46,406 We started hanging out a little together 230 00:11:46,439 --> 00:11:48,241 because he went to University of Miami. 231 00:11:49,977 --> 00:11:51,845 And I was living in Coconut Grove. 232 00:11:53,380 --> 00:11:55,348 [Steve] Where I was from you had to go to college. 233 00:11:55,382 --> 00:11:57,350 Everybody went to college, 234 00:11:57,384 --> 00:11:59,052 but I was a disaster there. 235 00:11:59,086 --> 00:12:02,389 While in-- if you were in Florida, 236 00:12:02,422 --> 00:12:04,124 it was the craziest of crazy. 237 00:12:04,157 --> 00:12:07,895 You know, it was-- it was amazing. 238 00:12:07,928 --> 00:12:10,463 We started hanging out together went to clubs together. 239 00:12:10,497 --> 00:12:13,433 I used to visit him on Christmas vacations for college. 240 00:12:15,168 --> 00:12:17,037 [interviewer] What was Steve like at that time? 241 00:12:17,070 --> 00:12:18,138 Stoned. 242 00:12:18,171 --> 00:12:19,239 [interviewer] All the time? 243 00:12:19,272 --> 00:12:20,173 A lot. 244 00:12:22,910 --> 00:12:24,111 I was having the time of something. 245 00:12:25,278 --> 00:12:28,248 It was pre-AIDS. 246 00:12:28,281 --> 00:12:30,017 Drugs everywhere. 247 00:12:30,050 --> 00:12:32,152 Jewelry was a cocaine spoon. 248 00:12:32,185 --> 00:12:35,222 [John Madden] I had a few kind of wild girls. 249 00:12:35,255 --> 00:12:37,224 Being a married guy, I would still go out every night. 250 00:12:37,257 --> 00:12:39,827 Meet a girl and... 251 00:12:39,860 --> 00:12:41,561 [interviewer] You would meet a girl and do what? 252 00:12:41,594 --> 00:12:44,264 I don't think we should get into that-- that story. 253 00:12:44,297 --> 00:12:46,566 But you've seen porn, right? 254 00:12:46,599 --> 00:12:47,968 You've seen DPs. 255 00:12:50,070 --> 00:12:51,972 We had some good times. 256 00:12:53,907 --> 00:12:55,809 My father said I was fucking around. 257 00:12:55,843 --> 00:12:57,811 I was fucking around. He wouldn't tolerate it 258 00:12:57,845 --> 00:12:59,112 He yanked my ass right out of school. 259 00:13:03,083 --> 00:13:05,886 It occurred to me with my attention deficit disorder, 260 00:13:05,919 --> 00:13:07,387 no one knew about that stuff. 261 00:13:07,420 --> 00:13:08,822 [interviewer] Instead of ADD you would just say-- 262 00:13:08,856 --> 00:13:11,591 Well, you were lazy or cognitively indolent. 263 00:13:11,624 --> 00:13:14,261 I mean, sloppy. 264 00:13:14,294 --> 00:13:17,831 You know, they didn't know it had to do with some sort of learning disorder. 265 00:13:17,865 --> 00:13:18,631 [interviewer] Right. 266 00:13:18,665 --> 00:13:20,433 And I was very smart in some ways 267 00:13:20,467 --> 00:13:23,103 and very spaced out in some ways, you know? 268 00:13:23,136 --> 00:13:24,872 It's hard to square it. 269 00:13:24,905 --> 00:13:27,040 It really hit me when I went to college. 270 00:13:27,074 --> 00:13:31,144 What happens is you ultimately self-medicate and that's much more dangerous. 271 00:13:31,178 --> 00:13:34,948 I think a lot of people with ADD are prone to, 272 00:13:34,982 --> 00:13:36,850 you know, substance abuse. 273 00:13:40,053 --> 00:13:41,955 So I went back home, 274 00:13:41,989 --> 00:13:43,957 shoe horn sticking out of my pocket, 275 00:13:43,991 --> 00:13:45,225 back on the floor. 276 00:13:46,960 --> 00:13:48,561 This was it, this is where I learned the shoe business, 277 00:13:49,329 --> 00:13:50,197 Jildor. 278 00:13:53,500 --> 00:13:58,071 It's the store that was founded by this guy Jack Bienenfeld, 279 00:13:58,105 --> 00:14:00,373 and he was one of the greatest men I ever knew. 280 00:14:00,407 --> 00:14:03,410 Just the way he ran his business, 281 00:14:03,443 --> 00:14:05,212 the principles that he had. 282 00:14:05,245 --> 00:14:07,347 They were so unbelievable. 283 00:14:07,380 --> 00:14:08,615 [interviewer] Do you remember your way around here? 284 00:14:08,648 --> 00:14:10,050 [Steve] I do, of course. 285 00:14:10,083 --> 00:14:11,218 [interviewer] Lead the way. [laughs] 286 00:14:11,251 --> 00:14:12,252 Yes. 287 00:14:12,285 --> 00:14:15,588 My fundamentals today were from those two years 288 00:14:15,622 --> 00:14:17,958 working on a stool 289 00:14:17,991 --> 00:14:20,560 dealing with these hysterical Jewish women from Long Island. 290 00:14:21,194 --> 00:14:22,595 Oi yoi yoi. 291 00:14:22,629 --> 00:14:24,264 We used to have a term at 34. 292 00:14:24,297 --> 00:14:26,033 Style 34 was a bad-- 293 00:14:26,066 --> 00:14:29,169 like a customer that was like impossible, you know? 294 00:14:29,202 --> 00:14:32,305 So you'd say, "Show us--", you'd say, 295 00:14:32,339 --> 00:14:34,041 "Show us style 34". 296 00:14:34,074 --> 00:14:37,344 That means you knew that she was bad, don't waste your time. 297 00:14:37,377 --> 00:14:39,246 There were a lot of tricks that we used though, 298 00:14:39,279 --> 00:14:41,214 you could put a tongue pad in a shoe. 299 00:14:41,248 --> 00:14:44,317 Here they're stretching the foot of the boot. 300 00:14:44,351 --> 00:14:45,953 [laughs] 301 00:14:45,986 --> 00:14:48,021 They're stretching it. 302 00:14:48,055 --> 00:14:51,524 Shoe stores don't have this stuff anymore. 303 00:14:51,558 --> 00:14:54,561 I only made it to this office when I was in trouble. 304 00:14:54,594 --> 00:14:57,264 So there was a woman, I sold her a pair of shoes, 305 00:14:57,297 --> 00:14:59,466 and I put like four pads in it to make it fit. 306 00:14:59,499 --> 00:15:01,568 Like, you're really only supposed to put one pad in it. 307 00:15:01,601 --> 00:15:04,237 If you have to put four or five pads, it's not her size. 308 00:15:04,271 --> 00:15:07,040 She returned the shoe like two weeks later, 309 00:15:07,074 --> 00:15:09,009 so Jack calls me up to his office, he goes-- 310 00:15:09,042 --> 00:15:12,145 he holds me up the shoes, pads hanging from it. 311 00:15:12,179 --> 00:15:14,247 "We don't sell shoes like this here." 312 00:15:16,183 --> 00:15:17,584 It's just combat pay, man. 313 00:15:17,617 --> 00:15:20,053 I mean, you really learn how to sell. 314 00:15:20,087 --> 00:15:23,056 I see people working hard at retail today, 315 00:15:23,090 --> 00:15:25,525 and I know it's the hardest work. 316 00:15:25,558 --> 00:15:29,963 It's so fucking hard. I really tip my hat to them. 317 00:15:29,997 --> 00:15:32,265 So you know what's really cool? The velvet ones. 318 00:15:34,734 --> 00:15:36,369 Do you have the velvet too? 319 00:15:36,403 --> 00:15:37,971 I like the velvet. I'm really into that. 320 00:15:38,005 --> 00:15:39,139 [customer] Do you want to do the velvet? 321 00:15:39,172 --> 00:15:40,507 Well, I just want you to see it. 322 00:15:41,608 --> 00:15:42,609 I like the velvet one. 323 00:15:42,642 --> 00:15:43,676 That's my favorite shoe. 324 00:15:43,710 --> 00:15:44,744 He's a good salesman. 325 00:15:44,777 --> 00:15:46,379 I am. I used to work here. 326 00:15:46,413 --> 00:15:48,215 -Oh, really? -Long time ago, yeah. 327 00:15:48,248 --> 00:15:50,683 Get them the shoes, will ya? Before they walk out. 328 00:15:50,717 --> 00:15:52,519 I dig it. I like that a lot. 329 00:15:52,552 --> 00:15:55,055 And also this is cute too for her. 330 00:15:55,088 --> 00:15:56,323 She may not be ready for that. 331 00:15:59,059 --> 00:16:00,460 All the guys my age 332 00:16:00,493 --> 00:16:04,164 were going into the city and, you know, 333 00:16:04,197 --> 00:16:05,565 working in the garment center 334 00:16:05,598 --> 00:16:09,602 or working stock brokers or whatever, and you know... 335 00:16:09,636 --> 00:16:11,038 getting on the railroad. 336 00:16:11,071 --> 00:16:12,305 It was like a-- you know, 337 00:16:12,339 --> 00:16:15,375 and here I was in the town like-- you know-- 338 00:16:15,408 --> 00:16:17,544 stuck in the town. 339 00:16:17,577 --> 00:16:19,646 But anyway, it was time to get into the city. 340 00:16:20,447 --> 00:16:21,614 I was ready. 341 00:16:21,648 --> 00:16:23,150 [music plays] 342 00:16:25,085 --> 00:16:27,687 I got this great job, a great opportunity at L.J. Simone. 343 00:16:27,720 --> 00:16:29,289 It was a tiny little company. 344 00:16:29,322 --> 00:16:32,159 I got to do every job in the shoe business, 345 00:16:32,192 --> 00:16:36,096 from shipping shoes to designing shoes 346 00:16:36,129 --> 00:16:38,165 to selling shoes, obviously. 347 00:16:38,198 --> 00:16:39,299 It was a great experience. 348 00:16:40,600 --> 00:16:42,035 So I moved to the city, 349 00:16:42,069 --> 00:16:45,372 and you know, it was everything I thought it would be, blew my mind. 350 00:16:45,405 --> 00:16:49,109 Just blown away by this wave of energy, 351 00:16:50,777 --> 00:16:54,647 and the Village was where I belonged my whole life. 352 00:16:54,681 --> 00:16:56,449 You know, everybody's a bit demented, 353 00:16:57,617 --> 00:17:01,121 everybody's a bit demented, you 354 00:17:06,426 --> 00:17:08,295 These are my friends. 355 00:17:08,328 --> 00:17:12,565 That's Alan Smith. That's Brian Frank and that's Danny Porush. 356 00:17:12,599 --> 00:17:14,134 Look at that hair. 357 00:17:15,402 --> 00:17:17,170 Strawberry blonde hair. 358 00:17:17,204 --> 00:17:18,271 Go to the clubs, get high. 359 00:17:19,106 --> 00:17:22,075 Go try and find girls. 360 00:17:22,109 --> 00:17:23,210 get high. Go try and find girls. 361 00:17:25,678 --> 00:17:27,180 [Steve] Club scene was going 362 00:17:27,214 --> 00:17:29,749 and I think it was post Studio 54. 363 00:17:29,782 --> 00:17:33,220 It was an amazing time, it was the early 80's. 364 00:17:33,253 --> 00:17:37,124 I would work like crazy, and then get blasted. 365 00:17:37,157 --> 00:17:40,127 Lot of cocaine. Cocaine was a terrible drug. 366 00:17:40,160 --> 00:17:42,429 Ooh... 367 00:17:42,462 --> 00:17:45,865 All this stuff and you just grind your teeth and sweat 368 00:17:45,898 --> 00:17:47,634 and keep taking more, 369 00:17:47,667 --> 00:17:49,836 and you know, it lead me to other things too. 370 00:17:49,869 --> 00:17:53,640 I think our crew was more Quaaluded than cocaine. 371 00:17:53,673 --> 00:17:55,508 Let's talk about a Quaalude for a second. 372 00:17:58,545 --> 00:18:01,414 When you first took it, you got this tingle all over your body 373 00:18:01,448 --> 00:18:02,349 and you instantly 374 00:18:02,382 --> 00:18:04,584 loved everybody. 375 00:18:04,617 --> 00:18:08,221 It was really nothing I've ever experienced-- anything like it in my life. 376 00:18:09,656 --> 00:18:11,624 And some of us got in trouble with it, 377 00:18:11,658 --> 00:18:13,260 and I got in trouble with it. 378 00:18:13,293 --> 00:18:15,195 I was a doorman at his building, 379 00:18:15,228 --> 00:18:20,767 I used to do the night shift from 12pm to 8am in the morning, 380 00:18:20,800 --> 00:18:22,335 and one morning I met him. 381 00:18:23,270 --> 00:18:24,871 But he was naked. 382 00:18:24,904 --> 00:18:26,773 [Tommy Kane] He used to be like wild druggy 383 00:18:26,806 --> 00:18:28,575 doing like Quaaludes and coke and stuff. 384 00:18:28,608 --> 00:18:29,776 And he told me one time 385 00:18:29,809 --> 00:18:32,779 he was so high on Quaaludes that went he went to sleep, 386 00:18:32,812 --> 00:18:34,514 he had woken up-- 387 00:18:34,547 --> 00:18:36,316 but he wasn't in his bed, 388 00:18:36,349 --> 00:18:38,218 he had woken up and he was nude in the hallway. 389 00:18:38,251 --> 00:18:39,919 For some reason he got locked out. 390 00:18:39,952 --> 00:18:41,788 [Tommy] And he didn't know what to do, so he just-- he went, 391 00:18:41,821 --> 00:18:43,823 he pushed the elevator, went down to the lobby. 392 00:18:43,856 --> 00:18:46,793 Just held his little thing, walked up and said, 393 00:18:46,826 --> 00:18:48,328 "I need the key to the room." 394 00:18:48,361 --> 00:18:49,929 [laughs] 395 00:18:49,962 --> 00:18:51,831 So I had to go get the master key and open it. 396 00:18:51,864 --> 00:18:53,600 Yeah. 397 00:18:53,633 --> 00:18:55,768 And I was always like, that's the guy I want to hang out with. 398 00:18:55,802 --> 00:19:00,173 Hello! This is Howard Cosell talking about Brian Frank. 399 00:19:00,207 --> 00:19:02,442 Can't see a goddamn thing that thing is in my eyes. 400 00:19:03,443 --> 00:19:05,412 I've known Brian 20 years, 401 00:19:05,445 --> 00:19:07,447 he was louse then, he's a louse now. 402 00:19:10,917 --> 00:19:13,320 [Brian Frank] He was uncontrollably high. 403 00:19:13,353 --> 00:19:16,823 He'd fall on his face. He'd facing down a lot of places. 404 00:19:16,856 --> 00:19:20,593 Magnanimous friends. Smoke in my face. 405 00:19:20,627 --> 00:19:23,696 [Eddie Lama] His zeal for things has been his success, 406 00:19:23,730 --> 00:19:25,465 but also his downfall. 407 00:19:25,498 --> 00:19:27,934 Because he went with that same zeal 408 00:19:27,967 --> 00:19:29,536 to drugs and alcohol. 409 00:19:29,569 --> 00:19:33,706 So he was-- he wasn't like a weekend warrior, you know? 410 00:19:34,707 --> 00:19:36,609 That wasn't it. 411 00:19:36,643 --> 00:19:38,645 He was full-time barbarian. 412 00:19:43,416 --> 00:19:47,420 [Brian] And then Steve just kind of slipped and couldn't get his legs under him. 413 00:19:49,889 --> 00:19:51,524 [David Cristobal] He used to be out really late. 414 00:19:51,558 --> 00:19:55,262 Nice girls, nice girls used to go up to his room. 415 00:19:55,295 --> 00:19:57,230 One day I think he was so high, 416 00:19:57,264 --> 00:20:00,967 he passed out and then the girl came down. 417 00:20:02,402 --> 00:20:03,903 "He's dead! He's dead!" 418 00:20:03,936 --> 00:20:05,405 [siren wailing] 419 00:20:06,005 --> 00:20:07,407 Crazy, those days. 420 00:20:08,475 --> 00:20:10,343 [Steve] I had like five DWI's. 421 00:20:10,977 --> 00:20:12,445 And I lost my license. 422 00:20:14,481 --> 00:20:16,749 We can help him. This is bigger than us. 423 00:20:20,287 --> 00:20:21,688 [interviewer] Was there a specific point that you realized 424 00:20:21,721 --> 00:20:22,789 that you were an addict? 425 00:20:26,493 --> 00:20:27,460 Well, I didn't-- 426 00:20:32,365 --> 00:20:34,767 I sort of knew after a while. 427 00:20:41,308 --> 00:20:43,543 People used the word '"party". 428 00:20:43,576 --> 00:20:45,445 You know, "your partying days." 429 00:20:45,478 --> 00:20:47,714 I didn't really have much of a party. 430 00:20:47,747 --> 00:20:50,983 You know, I was alone getting blasted, 431 00:20:51,017 --> 00:20:52,919 that was my party. 432 00:20:52,952 --> 00:20:54,587 That's where it took me, you know? 433 00:20:56,556 --> 00:20:59,559 You get this substance in your body 434 00:20:59,592 --> 00:21:00,993 and you can't stop doing it. 435 00:21:02,495 --> 00:21:03,663 And that's what it is. 436 00:21:03,696 --> 00:21:07,400 And there are other people that have a drink or two or not 437 00:21:07,434 --> 00:21:09,001 or they don't think about it, 438 00:21:09,035 --> 00:21:11,504 and life goes on and-- 439 00:21:11,538 --> 00:21:16,275 you know, but-- that's not the case for the alcoholic/addict. 440 00:21:17,777 --> 00:21:19,612 Which is why I had to get sober. 441 00:21:21,914 --> 00:21:24,484 You know when you're miserable enough, 442 00:21:24,517 --> 00:21:26,486 you know perhaps you can change. 443 00:21:35,862 --> 00:21:38,798 I used to go and hang out with a lot of people 444 00:21:38,831 --> 00:21:40,567 with the same kind of problem 445 00:21:40,600 --> 00:21:42,869 or disease or whatever, you know-- 446 00:21:42,902 --> 00:21:44,604 substance abuse-- whatever they call it. 447 00:21:46,473 --> 00:21:49,976 I think the drugs and the alcohol just diminished him 448 00:21:50,009 --> 00:21:51,411 as a person, you know? 449 00:21:51,444 --> 00:21:53,746 As a thinker, as a personality, 450 00:21:53,780 --> 00:21:56,716 and his sobriety suited him well. 451 00:21:57,984 --> 00:22:01,388 He really just took off, 452 00:22:01,421 --> 00:22:03,089 you know, as himself. 453 00:22:04,591 --> 00:22:06,493 Yeah, it was fresh. 454 00:22:06,526 --> 00:22:07,994 It was like being reborn. 455 00:22:08,027 --> 00:22:09,729 Your whole life changes, you know? 456 00:22:17,604 --> 00:22:20,139 [Steve] I was ready to do my own thing, you know? 457 00:22:20,172 --> 00:22:22,542 I worked for L.J. Simone for eight years. 458 00:22:23,676 --> 00:22:25,612 I just, you know, I quit one day 459 00:22:25,645 --> 00:22:28,080 and went to work in my own business 460 00:22:28,114 --> 00:22:30,650 And I was like, "What did I just do?" 461 00:22:30,683 --> 00:22:32,018 [laughs] 462 00:22:32,685 --> 00:22:34,621 "Am I crazy?" 463 00:22:34,654 --> 00:22:38,024 One morning he saw me, you know, getting in my car. 464 00:22:38,057 --> 00:22:40,059 He saw the red car and he asked me, 465 00:22:40,092 --> 00:22:42,929 "Do you want to work for me as a driver during the day?" 466 00:22:45,031 --> 00:22:48,468 Um... "What the hell. Let me go with Steve Madden." 467 00:22:50,069 --> 00:22:52,739 [Steve] Put $1,100 dollars in the bank and we started. 468 00:22:54,741 --> 00:22:57,577 I made the shoes, and believe it or not, it was in a little garage 469 00:22:57,610 --> 00:22:59,045 garage in the building I'm at now. 470 00:23:00,079 --> 00:23:02,181 I would design and sell it. 471 00:23:02,214 --> 00:23:04,984 Nothing matters until you sell it. 472 00:23:05,017 --> 00:23:07,454 And then I made a little shoe called the Marilyn. 473 00:23:07,487 --> 00:23:09,589 It was just a little slide 474 00:23:09,622 --> 00:23:13,860 and if you wore it under jeans it looked like a boot, but it really was backless. 475 00:23:13,893 --> 00:23:15,562 It was what they call a 'mule', 476 00:23:15,595 --> 00:23:17,930 closed toe open back shoe. 477 00:23:17,964 --> 00:23:21,167 Marilyn we used to sell everywhere, everywhere. 478 00:23:24,103 --> 00:23:25,572 He liked country music. 479 00:23:27,173 --> 00:23:28,775 He used to sing in the car. 480 00:23:28,808 --> 00:23:30,743 When he was crazy about one shoe 481 00:23:30,777 --> 00:23:32,845 he would put it on the dashboard. 482 00:23:32,879 --> 00:23:35,047 Feel the shoe, feel the leather, 483 00:23:35,081 --> 00:23:37,550 smell it, and he said, 484 00:23:37,584 --> 00:23:39,652 "This is going to be a home run." 485 00:23:39,686 --> 00:23:41,187 I'm looking for inspiration. 486 00:23:41,220 --> 00:23:43,490 It's not so much 'the' pair of shoes, 487 00:23:43,523 --> 00:23:44,857 it's how they're wearing it. 488 00:23:44,891 --> 00:23:47,159 I can tell if it's a hit or not. 489 00:23:47,193 --> 00:23:49,762 I can almost tell by the way they walk 490 00:23:49,796 --> 00:23:51,230 how good it is. 491 00:23:51,263 --> 00:23:53,032 I sold to anybody I could. 492 00:23:53,065 --> 00:23:55,167 Shoe stores. Department stores. 493 00:23:55,201 --> 00:23:56,402 Clothing stores. 494 00:23:56,435 --> 00:23:59,739 I was really doing everything out of this little red car. 495 00:23:59,772 --> 00:24:01,541 Basically yeah, that was our office. 496 00:24:05,144 --> 00:24:07,079 Cash flow is so important in a business, 497 00:24:07,113 --> 00:24:09,616 I mean, even when you're starting out. 498 00:24:09,649 --> 00:24:14,654 You know, you can't have like 25 cents less than what you need, 499 00:24:14,687 --> 00:24:15,888 and you have to manage that. 500 00:24:17,590 --> 00:24:19,526 I got this call from Danny. 501 00:24:19,559 --> 00:24:23,095 You know, he was my childhood pal. 502 00:24:23,129 --> 00:24:26,699 Danny said we're looking for companies to raise money for, 503 00:24:26,733 --> 00:24:30,036 like "Dude, we'll raise the money you need to build a business." 504 00:24:30,069 --> 00:24:32,004 I didn't really believe him. 505 00:24:32,038 --> 00:24:34,273 It was so far fetched. 506 00:24:34,306 --> 00:24:38,177 He said he's got this genius behind this company named Jordan. 507 00:24:38,210 --> 00:24:39,546 He's the mastermind. 508 00:24:39,579 --> 00:24:42,148 [reporter] Jordan Belfort. 509 00:24:42,181 --> 00:24:43,916 The wolf of Wall Street 510 00:24:43,950 --> 00:24:46,786 was a product of the bull market of the 90s. 511 00:24:46,819 --> 00:24:51,558 The times were ripe for guys like Belfort and Porsch. 512 00:24:53,025 --> 00:24:54,527 Early 90s, 513 00:24:55,194 --> 00:24:57,997 it was ra-ra Wall Street. 514 00:24:58,030 --> 00:25:00,567 Young people opening up brokerage houses. 515 00:25:00,600 --> 00:25:04,671 What's come to be known as this 'boiler room era' 516 00:25:04,704 --> 00:25:06,539 of stock brokerage houses. 517 00:25:06,573 --> 00:25:09,008 There's a lot of guys with the phone calling right now 518 00:25:09,041 --> 00:25:11,644 in a few months, you could be making a lot of money. 519 00:25:11,678 --> 00:25:15,047 [Steve] And Jordan created this aura about it. 520 00:25:15,081 --> 00:25:18,184 His guys were just i n awe of him. 521 00:25:18,217 --> 00:25:21,988 [reporter] He was able to take industry outsiders, high school dropouts 522 00:25:22,021 --> 00:25:25,892 and mere overnight, turn them into million dollar sales machines. 523 00:25:29,729 --> 00:25:31,297 [Alan Novich] They were drinkers and druggies, 524 00:25:31,330 --> 00:25:35,267 they really had this great Long Island party lifestyle. 525 00:25:37,704 --> 00:25:41,107 And what these guys presented to the entrepreneur 526 00:25:41,140 --> 00:25:43,175 was so intoxicating. 527 00:25:46,178 --> 00:25:48,815 See the Stratton guys were like on yachts 528 00:25:48,848 --> 00:25:50,683 fucking whacked. 529 00:25:50,717 --> 00:25:52,785 And it was the cult of Jordan. 530 00:25:52,819 --> 00:25:57,590 They certainly captured that on the film, "The Wolf of Wall Street." 531 00:25:57,624 --> 00:26:00,092 Nobody's ever done what they did. 532 00:26:00,126 --> 00:26:02,261 The girls and the drugs. 533 00:26:02,294 --> 00:26:03,896 Sodom and Gomorrah. 534 00:26:03,930 --> 00:26:06,298 And all this money. 535 00:26:06,332 --> 00:26:08,134 Gym bags full of cash. 536 00:26:08,167 --> 00:26:10,670 Millions of dollars getting passed back and forth. 537 00:26:10,703 --> 00:26:15,241 [Steve] I mean it was crazy lifestyle. 538 00:26:15,274 --> 00:26:17,910 And I was sober when that was happening, watching. 539 00:26:20,747 --> 00:26:23,950 I never know what was going on inside. 540 00:26:26,819 --> 00:26:28,287 If I knew I would go in, too. 541 00:26:28,320 --> 00:26:29,622 [laughs] 542 00:26:33,192 --> 00:26:35,027 [Steve] I did what I had to do. 543 00:26:35,061 --> 00:26:36,629 We needed that liftoff. 544 00:26:36,663 --> 00:26:39,966 So we took the money and we really did use it, 545 00:26:39,999 --> 00:26:42,134 and we built a business with it. 546 00:26:44,403 --> 00:26:45,905 [music playing] 547 00:26:49,408 --> 00:26:50,943 [announcer] Steve Madden. 548 00:26:56,215 --> 00:26:57,349 Steve Madden. 549 00:26:58,284 --> 00:26:59,819 Hey, we're over here. 550 00:27:03,856 --> 00:27:07,960 This was my first store, and those signs. 551 00:27:07,994 --> 00:27:09,962 It's one of my Village guys'. 552 00:27:09,996 --> 00:27:12,264 He painted them, we put them on the outside of the store. 553 00:27:12,298 --> 00:27:15,401 That shoe was the first shoe I sold in this store. 554 00:27:15,434 --> 00:27:18,170 No one was down here, and-- 555 00:27:18,204 --> 00:27:20,406 What did you guys get at Topshop? 556 00:27:20,439 --> 00:27:22,408 Did you guys-- no shoes? 557 00:27:22,441 --> 00:27:23,442 -Clothes? -Clothes. 558 00:27:23,475 --> 00:27:24,744 -We can here for shoes. -Yeah. 559 00:27:24,777 --> 00:27:25,712 Oh, okay. Good. 560 00:27:27,479 --> 00:27:30,116 So I had the store in the front and the office in the back, 561 00:27:30,149 --> 00:27:33,886 and I was trying to like, get every nickel out of it. 562 00:27:33,920 --> 00:27:35,955 And I had it in my mind that I wanted a store, 563 00:27:35,988 --> 00:27:37,356 I thought it would be good for the brand, 564 00:27:38,858 --> 00:27:40,359 but I had no idea what I was doing. 565 00:27:40,392 --> 00:27:43,062 When I started it was just Steve and I. 566 00:27:43,095 --> 00:27:45,998 We sat across the desk from each other. 567 00:27:46,032 --> 00:27:49,135 We had an office the size of this room. 568 00:27:49,168 --> 00:27:52,171 I answered phones, I did customer service. 569 00:27:52,204 --> 00:27:54,273 I was the only one that did anything. 570 00:27:54,306 --> 00:27:56,442 You know, with the billing and the shipping, 571 00:27:56,475 --> 00:27:58,745 so if I wasn't there, 572 00:27:58,778 --> 00:27:59,812 it wasn't getting done. 573 00:28:01,313 --> 00:28:05,184 She would do anything and people liked her. 574 00:28:05,217 --> 00:28:07,987 And she understood what I was doing. 575 00:28:08,020 --> 00:28:10,389 We started with a total of four employees. 576 00:28:10,990 --> 00:28:13,960 Steve, Wendy, 577 00:28:13,993 --> 00:28:16,428 David Cristobal, and myself. 578 00:28:16,462 --> 00:28:19,966 I was so lucky to find this man. 579 00:28:19,999 --> 00:28:23,936 He organized the financials and I paid attention to the shoes, 580 00:28:23,970 --> 00:28:26,105 and we are so not alike. 581 00:28:26,138 --> 00:28:28,340 This is called Mahalakshmi. 582 00:28:28,374 --> 00:28:30,109 The goddess of money. 583 00:28:30,142 --> 00:28:32,144 When I opened this building, 584 00:28:32,178 --> 00:28:34,881 and I brought the religious things here, 585 00:28:34,914 --> 00:28:37,149 and that's why I put the statue of the goddess. 586 00:28:37,183 --> 00:28:40,920 Which brings the success of the company. 587 00:28:40,953 --> 00:28:43,055 [Steve] I wasn't frivolous with the money at all. 588 00:28:43,089 --> 00:28:46,392 You know, as soon as I got it, it was like, sell more shoes. 589 00:28:46,425 --> 00:28:47,794 Hire more people. 590 00:28:49,195 --> 00:28:53,332 A real firm was taking shape. 591 00:28:53,365 --> 00:28:56,135 In the beginning, we really weren't structured at all. 592 00:28:56,168 --> 00:29:00,072 There was a lot of juggling as always, which is normal here. 593 00:29:00,106 --> 00:29:02,374 [Tommy] Because it was so small and growing 594 00:29:02,408 --> 00:29:04,811 and unprofessional, that was the craziness. 595 00:29:04,844 --> 00:29:07,914 We would have like rat droppings all over the computers. 596 00:29:07,947 --> 00:29:09,048 Remember that? 597 00:29:09,081 --> 00:29:12,118 And then he would try to get me to bring my kittens 598 00:29:12,151 --> 00:29:13,352 to get rid of the rats. 599 00:29:16,956 --> 00:29:19,325 You know, I was an outsider when I started, right? 600 00:29:19,358 --> 00:29:21,193 So there's like, in every business, 601 00:29:21,227 --> 00:29:24,997 there's like the establishment and then there's the newcomers. 602 00:29:25,031 --> 00:29:27,867 I sort of relish that, I really like that. 603 00:29:32,104 --> 00:29:33,572 [Mickey Boardman] You know in the 90s, 604 00:29:33,605 --> 00:29:37,176 it was a time when there were great American designers, 605 00:29:37,209 --> 00:29:39,545 but it was very elitist. 606 00:29:39,578 --> 00:29:42,481 Steve to the more high fashion people 607 00:29:42,514 --> 00:29:45,384 might be a little bit, you know like-- 608 00:29:45,417 --> 00:29:46,418 the hillbilly cousin. 609 00:29:50,222 --> 00:29:54,861 The fashion and I think just the media industry, at the time, 610 00:29:54,894 --> 00:29:57,129 did not take teenagers seriously. 611 00:29:57,163 --> 00:29:59,398 [Andrea Linett] It was Vogue tells you what to wear, what not to wear. 612 00:29:59,431 --> 00:30:02,234 Harper's Bazaar tells you what to wear and what not to wear. 613 00:30:02,268 --> 00:30:03,936 Sassy Magazine was kind of 614 00:30:03,970 --> 00:30:06,405 an anomaly in the magazine world. 615 00:30:06,438 --> 00:30:08,174 Seriously, we were not a fashion magazine 616 00:30:08,207 --> 00:30:09,541 The only people that took us seriously 617 00:30:09,575 --> 00:30:11,377 were like, the cool indie people, thank god. 618 00:30:14,213 --> 00:30:18,817 The 90s were kind of a coming together time of fashion and music. 619 00:30:20,519 --> 00:30:22,588 [Daianara] It's almost the way like grunge was big 620 00:30:22,621 --> 00:30:24,857 back in the 90s when we first started. 621 00:30:24,891 --> 00:30:27,193 Shoes had a more masculine look to them, 622 00:30:27,226 --> 00:30:29,361 they were a little bit rougher and tougher. 623 00:30:29,395 --> 00:30:32,865 And it's because of that whole grunge phase that music went through-- 624 00:30:32,899 --> 00:30:35,034 So our inspiration really starts from there 625 00:30:35,067 --> 00:30:37,603 and Steve really is very music focused. 626 00:30:37,636 --> 00:30:39,605 Like the music business, 627 00:30:39,638 --> 00:30:44,043 it's not enough to just make a record that is great 628 00:30:44,076 --> 00:30:45,344 that no one buys. 629 00:30:45,377 --> 00:30:48,380 I knew that I had to come up with a hit in order to make it. 630 00:30:50,616 --> 00:30:54,620 And then I made a little Mary Jane, we called it the 'Mary Lou'. 631 00:30:54,653 --> 00:30:58,024 We made a shoe that was for a market that wasn't being served 632 00:30:58,057 --> 00:31:01,928 It was truly young fashion, the field was sort of empty. 633 00:31:02,594 --> 00:31:04,530 This was a big look. 634 00:31:04,563 --> 00:31:08,167 It was a very babydoll, little girl kind of a sexy thing. 635 00:31:08,200 --> 00:31:10,269 Historically, you would have had the luxury high-end designers 636 00:31:13,139 --> 00:31:17,910 Historically, you would have had the luxury high-end designers 637 00:31:17,944 --> 00:31:20,279 and then the lower price point brands 638 00:31:20,312 --> 00:31:22,414 and they would have been completely separate. 639 00:31:22,448 --> 00:31:28,187 Steve Madden was the first person to democratize on-trend shoes 640 00:31:28,220 --> 00:31:30,622 He's the grandfather of this whole movement. 641 00:31:30,656 --> 00:31:32,491 To me, it was like he was giving people who didn't 642 00:31:32,524 --> 00:31:34,393 have the chance to have all the stuff 643 00:31:34,426 --> 00:31:37,663 that was being dictated to them "If you don't have this, you're a loser." 644 00:31:37,696 --> 00:31:42,168 [Aya Kanai] He wanted to make sure that fashionable shoes 645 00:31:42,201 --> 00:31:45,471 were also affordable for the real girl customers 646 00:31:45,504 --> 00:31:47,706 who wanted took great too. 647 00:31:47,739 --> 00:31:53,012 That's particularly something that the fashion establishment is super-duper touchy about. 648 00:31:53,045 --> 00:31:56,048 [Tommy] But I'd even ask, "How come you're never in Vogue or Bazaar, 649 00:31:56,082 --> 00:31:57,149 Elle, all these things?" 650 00:31:57,183 --> 00:32:00,652 He's like, "Those people hate me." 651 00:32:00,686 --> 00:32:02,221 [Steve] It was an older industry 652 00:32:03,122 --> 00:32:04,590 and we sort of disrupted it. 653 00:32:08,160 --> 00:32:11,998 This is the shoe that was made famous in "The Wolf of Wall Street" 654 00:32:12,031 --> 00:32:13,399 The Mary Lou. I have the-- 655 00:32:13,432 --> 00:32:16,635 the Mary Jane is followed by the-- the kid. 656 00:32:16,668 --> 00:32:20,106 Hoffman played me and he did a good job. 657 00:32:20,139 --> 00:32:22,674 Jordan, look what I caught in the lobby, I caught a genius. 658 00:32:22,708 --> 00:32:25,411 Enter, Steve Madden. 659 00:32:25,444 --> 00:32:28,280 Red hot lady's footwear and impresario. 660 00:32:28,314 --> 00:32:31,583 And thanks to Danny, we were taking his company public 661 00:32:31,617 --> 00:32:33,452 [Steve] Danny said it was time to go public 662 00:32:33,485 --> 00:32:35,287 "You go to go talk to the broker's. 663 00:32:35,321 --> 00:32:36,588 You got to tell them your story, 664 00:32:36,622 --> 00:32:39,658 and get them all pumped up and it'll be great." 665 00:32:39,691 --> 00:32:41,293 And that's what I did. 666 00:32:41,327 --> 00:32:42,728 And that's that famous scene. 667 00:32:42,761 --> 00:32:44,596 That's why they got to see your face. 668 00:32:44,630 --> 00:32:46,999 You get 'em fired up and they push the shit out of this stock, okay? 669 00:32:47,033 --> 00:32:49,168 [Leonardo DiCaprio] Our job was to get them worked up. 670 00:32:49,201 --> 00:32:51,637 [Steve] It's like amazing how they got this stuff. 671 00:32:51,670 --> 00:32:53,339 It was pretty accurate. 672 00:32:53,372 --> 00:32:55,741 You know, Jonah Hill playing Danny 673 00:32:55,774 --> 00:32:58,310 and DiCaprio playing Belfort, 674 00:32:58,344 --> 00:32:59,745 they did an amazing job. 675 00:32:59,778 --> 00:33:01,747 I don't know if I was that dorky. 676 00:33:01,780 --> 00:33:04,183 For those of you who don't know me, 677 00:33:04,216 --> 00:33:05,484 my name's Steve Madden. 678 00:33:05,517 --> 00:33:07,086 -Yeah, we know who you are. -[laughs] 679 00:33:07,119 --> 00:33:08,387 Your name is on the box. 680 00:33:08,420 --> 00:33:10,322 [all laughing] 681 00:33:10,356 --> 00:33:12,124 -Show them the shoes. -Okay, yeah. 682 00:33:12,158 --> 00:33:15,261 Anyway, you know just-- this shoe. It''s pretty cool. 683 00:33:15,294 --> 00:33:16,662 This is the Mary Lou 684 00:33:16,695 --> 00:33:18,230 -which is the shoe that put me on the map. -[hooting and hollering] 685 00:33:18,264 --> 00:33:19,698 Without it, I wouldn't be here. 686 00:33:19,731 --> 00:33:21,667 Believe it or not though, 687 00:33:21,700 --> 00:33:25,504 the Mary Lou is actually the same as the Mary Jane, but it's black leather. 688 00:33:25,537 --> 00:33:26,772 [Steve] You know, I was talking about shoes 689 00:33:26,805 --> 00:33:27,806 and these guys just went crazy. 690 00:33:27,839 --> 00:33:29,441 They were heckling me. 691 00:33:29,475 --> 00:33:32,511 You know, you've got like 500 animals heckling. 692 00:33:32,544 --> 00:33:35,714 Let's give it up for Steve Madden and his awesome Mary Lou. 693 00:33:35,747 --> 00:33:38,150 -Hold that up, hold that up, hold that up proud. -[Steve] Jordan was amazing. 694 00:33:38,184 --> 00:33:40,619 They were just-- he was like-- 695 00:33:40,652 --> 00:33:42,621 you know like a dictator. 696 00:33:42,654 --> 00:33:45,357 All knowing leader of a country. 697 00:33:45,391 --> 00:33:48,594 I want you to ram Steve Madden's stock 698 00:33:48,627 --> 00:33:53,465 down your client's throats until they fucking choke on it. 699 00:33:53,499 --> 00:33:57,136 Until they choke on it and they buy 100,000 shares. 700 00:33:57,169 --> 00:33:59,371 That's what I want you to do. 701 00:33:59,405 --> 00:34:02,341 You be ferocious. You be relentless 702 00:34:02,374 --> 00:34:03,209 [cheering] 703 00:34:03,242 --> 00:34:06,312 You be telephone fucking terrorists. 704 00:34:06,345 --> 00:34:08,147 [all cheering] 705 00:34:08,180 --> 00:34:11,550 Then let's knock this mother fucker out of the park! 706 00:34:11,583 --> 00:34:14,320 [all cheering] 707 00:34:14,353 --> 00:34:17,523 At the time, it went public I think he had one store in Soho. 708 00:34:17,556 --> 00:34:21,793 . I mean, that's not a business typically that anybody takes public. 709 00:34:21,827 --> 00:34:24,630 That's a Stratton-Oakmont hallmark. 710 00:34:26,298 --> 00:34:27,766 I'm talking to my brother on the phone, 711 00:34:29,268 --> 00:34:31,137 stock was coming out at $4.00. 712 00:34:31,170 --> 00:34:34,840 And it goes from $4.00 to $18.00 713 00:34:34,873 --> 00:34:37,376 in about an hour and a half. 714 00:34:37,409 --> 00:34:40,479 What? I've never seen anything like this in my life. 715 00:34:40,512 --> 00:34:42,381 I want to know where this is coming from. 716 00:34:42,414 --> 00:34:46,885 Twenty-two million dollars in three fucking hours! 717 00:34:46,918 --> 00:34:47,886 [laughs] 718 00:34:47,919 --> 00:34:50,722 Can you believe this? 719 00:34:50,756 --> 00:34:52,791 I can't tell you how much I have to thank Danny. 720 00:34:52,824 --> 00:34:56,595 He really took the reins this year and made a huge success. 721 00:34:56,628 --> 00:35:00,166 More money, more money, more money. 722 00:35:05,471 --> 00:35:09,341 [Steve] It was like holy smokes, this is insane. 723 00:35:09,375 --> 00:35:11,243 Real money. 724 00:35:11,277 --> 00:35:14,213 I went from an eviction notice to a private jet 725 00:35:14,246 --> 00:35:17,283 in like 200 days, which is crazy. 726 00:35:21,253 --> 00:35:23,589 So I had to play ball with these guys. 727 00:35:23,622 --> 00:35:27,626 [Leonardo] Danny and I secretly owned 85% of Steve Madden shoes 728 00:35:27,659 --> 00:35:29,695 Which legally speaking was a big, no-no. 729 00:35:29,728 --> 00:35:34,266 But we'd get filthy fucking rich if our troops got behind it. 730 00:35:34,300 --> 00:35:37,836 Sometimes they would do some transactions under his name, 731 00:35:37,869 --> 00:35:40,672 but the transactions were really for themselves. 732 00:35:40,706 --> 00:35:42,608 You know, they're buying and selling it for me 733 00:35:42,641 --> 00:35:43,809 so how could it be illegal? 734 00:35:50,916 --> 00:35:53,452 You know, I'd become part of the scheme. 735 00:35:53,485 --> 00:35:56,188 Because I didn't care about anything but building the business. 736 00:35:56,222 --> 00:35:57,256 Oh, no. 737 00:35:57,289 --> 00:35:59,425 This is really cute. Here, could you put this on? 738 00:35:59,458 --> 00:36:01,393 ? I love this. That's a great shoe. 739 00:36:01,427 --> 00:36:05,797 I think that this can be the next big-- a really big sandal for us. 740 00:36:05,831 --> 00:36:08,234 You know why, because it's got taste and style. 741 00:36:08,267 --> 00:36:09,468 It's a problem. 742 00:36:10,502 --> 00:36:11,670 [laughs] 743 00:36:12,438 --> 00:36:13,639 It's tasteful. 744 00:36:13,672 --> 00:36:15,741 God forbid we should make a tasteful shoe! 745 00:36:18,644 --> 00:36:21,313 [Daianara] Fashion was moving at such a fast pace. 746 00:36:21,347 --> 00:36:23,315 And our biggest goal of the day would be, 747 00:36:23,349 --> 00:36:25,050 "How much higher do you think we could make this heel? 748 00:36:25,083 --> 00:36:29,255 How much higher do you think we could make this platform before Steve like kills us?" 749 00:36:29,288 --> 00:36:30,456 There were some crazy shoes. 750 00:36:30,489 --> 00:36:32,524 I mean, some crazy platforms. 751 00:36:32,558 --> 00:36:35,727 You know kind of the gender-bending shoes of the 70s rock stars. 752 00:36:35,761 --> 00:36:37,996 It was a very exciting time and we've-- 753 00:36:38,029 --> 00:36:41,333 and as a matter of fact we've taken a lot of those things from that era 754 00:36:41,367 --> 00:36:42,434 and made them now in our company. 755 00:36:43,635 --> 00:36:45,571 It's an instinct, 756 00:36:45,604 --> 00:36:46,972 You know you wake up in the morning 757 00:36:47,005 --> 00:36:48,307 and you don't have it in your closet, 758 00:36:48,340 --> 00:36:49,908 so you come in and try and make it. 759 00:36:49,941 --> 00:36:53,579 It's pretty much if we're looking for it, somebody else is too. 760 00:36:53,612 --> 00:36:56,715 He had this incredible system of test and react. 761 00:36:56,748 --> 00:36:59,618 Which is exactly what we tried to do in the record business. 762 00:36:59,651 --> 00:37:02,588 [reporter] Madden's New York headquarters features a sample factory 763 00:37:02,621 --> 00:37:04,890 where new ideas are cobbled by hand. 764 00:37:04,923 --> 00:37:07,025 [reporter] He found he could develop a prototype 765 00:37:07,058 --> 00:37:09,795 and sell a small test run in his own stores 766 00:37:09,828 --> 00:37:12,798 before deciding if it was right for the mass market. 767 00:37:12,831 --> 00:37:16,468 If they reacted, he would go and order them in big bulk. 768 00:37:16,502 --> 00:37:20,306 And that would eliminate the issue of getting product back, 769 00:37:20,339 --> 00:37:21,740 because he already knew that he had a hit. 770 00:37:21,773 --> 00:37:24,910 These shoes can be there first before anybody else. 771 00:37:24,943 --> 00:37:26,512 [reporter] Though many times smaller, 772 00:37:26,545 --> 00:37:29,348 Madden's edge over competitors like Nine West 773 00:37:29,381 --> 00:37:30,849 is speed to market. 774 00:37:33,018 --> 00:37:36,388 Little by little people started paying more attention to what he was doing. 775 00:37:40,459 --> 00:37:43,529 I got very interested in Steve-- 776 00:37:43,562 --> 00:37:47,766 with those funny fashion ads of the big heads 777 00:37:47,799 --> 00:37:51,437 and the little skinny, sexy body and the big shoes. 778 00:37:57,008 --> 00:37:59,745 We wanted to do something that wasn't like other fashion companies 779 00:37:59,778 --> 00:38:01,580 with the beautiful girls and the poses 780 00:38:01,613 --> 00:38:02,881 so we did something a little unique. 781 00:38:02,914 --> 00:38:05,951 There was nothing, nothing, nothing like it. 782 00:38:05,984 --> 00:38:07,486 So it was instant. 783 00:38:07,519 --> 00:38:08,720 The second it went up. Boom. 784 00:38:11,690 --> 00:38:14,793 The subject of many discussions 785 00:38:14,826 --> 00:38:17,028 because it's somewhat controversial. 786 00:38:17,062 --> 00:38:19,965 The fact that we were making them look like little hookers, 787 00:38:19,998 --> 00:38:22,634 I was like, "These parents have to be upset" 788 00:38:22,668 --> 00:38:26,638 But he was like, "No, I know what I'm doing." 789 00:38:26,672 --> 00:38:28,874 Anti-fashion is what it was. 790 00:38:28,907 --> 00:38:32,611 It kept him in a separate place identity wise-- 791 00:38:32,644 --> 00:38:33,979 he actually built his identity. 792 00:38:37,716 --> 00:38:40,719 It definitely was one of the more memorable campaigns of the time. 793 00:38:40,752 --> 00:38:42,954 Throughout the 90s they were-- 794 00:38:42,988 --> 00:38:44,523 you know, they were the talk of the town. 795 00:38:45,957 --> 00:38:47,426 First thing's first. 796 00:38:47,459 --> 00:38:48,894 This shoe on the wedge, we're going to make 797 00:38:48,927 --> 00:38:51,029 and we're going to sell this to every store in America. 798 00:38:52,831 --> 00:38:54,766 It's fantastic. 799 00:38:54,800 --> 00:38:56,768 [Sam Edelman] I remember he had some monster shoes. 800 00:38:56,802 --> 00:38:58,069 Big bottom shoes. 801 00:38:58,103 --> 00:38:59,838 And then he had a shoe called 'The Slinky'. 802 00:38:59,871 --> 00:39:02,374 And 'The Slinky' was huge. 803 00:39:03,709 --> 00:39:06,044 [Andrea] It was pixie girls in leggings, 804 00:39:06,077 --> 00:39:09,915 shuffling around with maybe a fun toe nail polish. 805 00:39:09,948 --> 00:39:11,316 Like they were everywhere. 806 00:39:11,349 --> 00:39:14,686 All of the sudden every girl I spoke to knew who Steve Madden was. 807 00:39:14,720 --> 00:39:17,389 I was like, "Wow, how did this happen. It's so amazing." 808 00:39:17,423 --> 00:39:21,527 [reporter] Steve Madden, the number one man for making the dopest shoes on the planet. 809 00:39:21,560 --> 00:39:25,697 I watched from afar how Steve built up this incredible business. 810 00:39:25,731 --> 00:39:27,933 I mean, I, like everybody else, said, 811 00:39:27,966 --> 00:39:30,636 "Wait a second, this is Steven Madden". 812 00:39:30,669 --> 00:39:32,404 [Steve] I just felt like I could do anything. 813 00:39:32,438 --> 00:39:34,773 You know, we were like this force 814 00:39:34,806 --> 00:39:37,175 that was quicker and smarter than the other armies. 815 00:39:37,208 --> 00:39:41,780 Tonight, knowing what your customers want before the competition does. 816 00:39:41,813 --> 00:39:45,651 Former stock boy, turned self-proclaimed "shoe warrior". 817 00:39:45,684 --> 00:39:49,521 Steve Madden has no intention of slowing down. 818 00:39:49,555 --> 00:39:53,825 [reporter] His retail stores average a 1,000 dollars in annual sales per square foot. 819 00:39:53,859 --> 00:39:55,994 Double the usual turnover for stores their size. 820 00:39:58,163 --> 00:39:59,731 I owned my own shoe store. 821 00:39:59,765 --> 00:40:01,667 Steve used to come every single weekend 822 00:40:01,700 --> 00:40:04,603 and he bought the store and then, I guess, 823 00:40:04,636 --> 00:40:05,837 in turn bought me 824 00:40:07,172 --> 00:40:10,509 I never gave him a discount, just so you know. 825 00:40:10,542 --> 00:40:14,746 [reporter] Hot shoes have helped Madden's sales shoot from five million in 1993 826 00:40:14,780 --> 00:40:17,716 to an estimated 83 million dollars last year. 827 00:40:17,749 --> 00:40:21,219 [reporter] Revenues streaking from 59 million to 163 million 828 00:40:21,252 --> 00:40:24,189 between 1997 and 1999, 829 00:40:24,222 --> 00:40:27,793 and profits more than tripling in that same time period. 830 00:40:27,826 --> 00:40:28,894 [Steve] I needed to get bigger and bigger 831 00:40:28,927 --> 00:40:31,663 bigger and bigger and bigger and bigger and bigger. 832 00:40:31,697 --> 00:40:34,099 You know, because that's what you do. 833 00:40:34,132 --> 00:40:37,669 Those kind of profits, it was another kind of drug. 834 00:40:39,237 --> 00:40:41,807 [Daianara] We were just moving so quickly 835 00:40:41,840 --> 00:40:43,709 and it's like, he became a little bit of a rock star. 836 00:40:43,742 --> 00:40:45,677 Like, people would come up to him, "Oh, can I have your autograph? 837 00:40:45,711 --> 00:40:47,078 Can I have this? And I'd tease him, I'd go--" 838 00:40:47,112 --> 00:40:48,346 "Oh, Steve, you're such a rock star." 839 00:40:48,379 --> 00:40:51,182 And he was like, "Leave me alone, let me enjoy my moment, 840 00:40:51,216 --> 00:40:52,083 it's my moment." 841 00:40:53,952 --> 00:40:58,724 Christinas and Britneys and Janet Jacksons all wear our shoes 842 00:40:58,757 --> 00:41:02,127 [hostess] The man of the evening, Mr. Steve Madden. 843 00:41:05,897 --> 00:41:08,800 You know, that old Andy Warhol 15 minutes of fame- 844 00:41:08,834 --> 00:41:12,003 we're up to about six hours now. 845 00:41:12,037 --> 00:41:14,172 [reporter] There are obviously natural concerns that the company 846 00:41:14,205 --> 00:41:16,842 might become really too dependent on one guy. 847 00:41:16,875 --> 00:41:18,143 That being you. 848 00:41:18,176 --> 00:41:20,579 What happens to the company, god help us, if Steve Madden 849 00:41:20,612 --> 00:41:22,514 walks out here on Broadway and gets hit by a bus. 850 00:41:23,114 --> 00:41:24,149 [laughs] 851 00:41:26,084 --> 00:41:27,986 Gloom and doom. 852 00:41:28,019 --> 00:41:30,188 -Bad stuff, right? -It's bad stuff. 853 00:41:31,222 --> 00:41:33,959 Um, we're [bleeps] 854 00:41:33,992 --> 00:41:36,695 [reporter] Last year he did pay more than four million dollars 855 00:41:36,728 --> 00:41:38,764 to former Stratton-Oakmont execs 856 00:41:38,797 --> 00:41:41,232 to settle claims stemming from his association with the outfit. 857 00:41:41,266 --> 00:41:45,203 I wanted to put that part of the company's history behind us 858 00:41:45,236 --> 00:41:47,739 and pay those guys off and moved on. 859 00:41:47,773 --> 00:41:50,942 [Steve] The shenanigans with those guys had ended in the middle of the 90s, 860 00:41:50,976 --> 00:41:56,247 and then the company went on to just be explosive because I had this amazing, 861 00:41:57,182 --> 00:41:58,283 you know, company, 862 00:41:58,316 --> 00:41:59,885 but all the while I know my past 863 00:41:59,918 --> 00:42:03,054 is going to rear it's ugly head at any moment. 864 00:42:03,622 --> 00:42:05,824 [clicking] 865 00:42:05,857 --> 00:42:09,961 When the first wave of the Stratton guys were-- were arrested, 866 00:42:09,995 --> 00:42:12,831 arrested my mom called me from Bocca, and she said, 867 00:42:12,864 --> 00:42:14,933 "I heard they're talking." 868 00:42:14,966 --> 00:42:17,569 [reporter] Mr. Dan Porush and Jordan Belfort have pleaded guilty 869 00:42:17,603 --> 00:42:19,170 to variety of securities fraud. 870 00:42:19,204 --> 00:42:21,339 There have been persistent concerns, Steve, 871 00:42:21,372 --> 00:42:23,174 and federal investigations in their activities 872 00:42:23,208 --> 00:42:25,577 might become a federal investigation into you. 873 00:42:25,611 --> 00:42:27,579 Any thought? Any truth to those? 874 00:42:27,613 --> 00:42:31,282 -Is there a reason for the concern? -No, they took us public and--- 875 00:42:31,316 --> 00:42:35,887 but we don't think we'll be tainted by that brush. 876 00:42:35,921 --> 00:42:37,222 [Steve] Your mind is telling you one thing, 877 00:42:37,255 --> 00:42:39,925 but inside internally, you know-- 878 00:42:39,958 --> 00:42:42,127 you know that something is not quite right. 879 00:42:44,395 --> 00:42:46,231 And then the whole thing came crashing down. 880 00:42:48,867 --> 00:42:50,869 [Steve] And there was nothing I could do at that point. 881 00:42:58,977 --> 00:43:00,879 I'll let you take a picture, relax. 882 00:43:00,912 --> 00:43:03,782 Relax, guy. You can take a picture, I'm not hiding. 883 00:43:03,815 --> 00:43:06,217 Relax. 884 00:43:06,251 --> 00:43:08,754 [Charles Koppelman] There was a story that said that Steve Madden 885 00:43:08,787 --> 00:43:10,789 was going to be indicted. 886 00:43:10,822 --> 00:43:13,124 [reporter] The flamboyant CEO surrendered to federal authorities 887 00:43:13,158 --> 00:43:17,996 facing multiple charges of conspiracy, securities fraud and money laundering. 888 00:43:18,029 --> 00:43:20,999 From manipulating 22 initial public offerings 889 00:43:21,032 --> 00:43:22,901 including his own company, 890 00:43:22,934 --> 00:43:26,938 allegedly making illegal gains of seven million dollars. 891 00:43:26,972 --> 00:43:29,875 [reporter] Belfort says that Madden acted as his front. 892 00:43:29,908 --> 00:43:33,912 Selling shares on his command and giving him a big cut of the profits. 893 00:43:33,945 --> 00:43:36,815 But at least Madden's company was real. 894 00:43:36,848 --> 00:43:39,350 [Johanna Berkman] The headline grabbing person was Steve. 895 00:43:39,384 --> 00:43:42,954 Jordan Belfort wasn't famous before he committed his crimes, 896 00:43:42,988 --> 00:43:45,657 where as Steve was already a really well known person. 897 00:43:45,691 --> 00:43:48,226 And therefore it's more valuable. 898 00:43:48,259 --> 00:43:53,398 Charges could have called for as much as 25 years federal prison. 899 00:43:56,768 --> 00:43:59,971 [reporter] Steve, do you have any comment about the charges? 900 00:44:00,005 --> 00:44:03,074 [Steve] You hope against hope that it was going to go away. 901 00:44:03,108 --> 00:44:05,376 Or that they'll have bigger fish to fry. 902 00:44:05,410 --> 00:44:11,182 You know, you can sometimes dance between the raindrops and not get wet. 903 00:44:11,216 --> 00:44:14,886 What about the fact that there are four other people with the companies 904 00:44:14,920 --> 00:44:17,122 who have already said that you... 905 00:44:17,155 --> 00:44:18,890 The world is falling down on you, 906 00:44:18,924 --> 00:44:20,058 you don't know what you're doing, 907 00:44:20,091 --> 00:44:23,194 and you're just like... 908 00:44:23,228 --> 00:44:26,765 you're just trying to get through that day, you know? 909 00:44:26,798 --> 00:44:30,135 Are you worried this is gonna affect your business? 910 00:44:30,168 --> 00:44:32,337 So, Steve, what do you do now? 911 00:44:32,370 --> 00:44:33,872 Where do you go from here? 912 00:44:34,339 --> 00:44:36,775 No comment, okay? 913 00:44:36,808 --> 00:44:42,748 [Joel Winograd] They wanted him to wear a wire against people that he knew for years, 914 00:44:42,781 --> 00:44:45,784 friends, to try to implicate them 915 00:44:46,484 --> 00:44:48,053 and he wouldn't do it. 916 00:44:49,487 --> 00:44:52,357 Even though I wasn't a snitch, 917 00:44:53,759 --> 00:44:57,495 I certainly look back and have maybe 918 00:44:57,528 --> 00:45:00,766 some understanding of the guys that did tell. 919 00:45:00,799 --> 00:45:05,336 Because they really-- they can torture you. 920 00:45:05,370 --> 00:45:07,438 The government was very tough. 921 00:45:09,074 --> 00:45:11,209 Thank you very much. 922 00:45:11,242 --> 00:45:12,778 [Steve] It wore me out, you know, 923 00:45:12,811 --> 00:45:15,814 it was like the constant court going back and forth 924 00:45:15,847 --> 00:45:18,283 and lead to a relapse. 925 00:45:19,885 --> 00:45:22,788 I just threw in the towel. I started getting loaded again. 926 00:45:27,558 --> 00:45:30,095 [Joel] We went back to court at some future date 927 00:45:30,128 --> 00:45:32,430 and sentenced Steve to 41 months. 928 00:45:33,298 --> 00:45:35,100 It was devastating to him. 929 00:45:36,201 --> 00:45:37,135 [Phil Pine] Before he went away, 930 00:45:37,168 --> 00:45:40,906 we had a sales meeting out in the Hamptons, 931 00:45:40,939 --> 00:45:43,141 and it was about 20 of us. 932 00:45:43,174 --> 00:45:45,276 It was just a good feeling that he knew 933 00:45:45,310 --> 00:45:48,146 that there were people behind him. 934 00:45:48,179 --> 00:45:50,916 -It sucked. -Yeah, it was awful. 935 00:45:50,949 --> 00:45:55,020 It was scary. We didn't know what was going to happen. 936 00:45:55,053 --> 00:45:57,088 I had this great family 937 00:45:57,122 --> 00:45:59,524 that I was building, this great company. 938 00:45:59,557 --> 00:46:00,959 I thought at the time, you know what? 939 00:46:00,992 --> 00:46:02,493 I may not have a family of children 940 00:46:02,527 --> 00:46:05,030 because I've got this family here. 941 00:46:05,063 --> 00:46:07,465 And I know it's different, but they were like a family. 942 00:46:09,134 --> 00:46:12,237 Steve took the biggest sacrifice for the company. 943 00:46:13,371 --> 00:46:14,272 Hands down. 944 00:46:16,174 --> 00:46:19,344 He did what it took for the company to survive, 945 00:46:19,377 --> 00:46:23,081 and in doing that, he took a massive hit personally. 946 00:46:31,189 --> 00:46:32,858 And then the next day he was gone. 947 00:46:37,095 --> 00:46:38,296 [Steve] Boom. You're there. 948 00:46:38,329 --> 00:46:40,298 And bam, it all changes. 949 00:46:44,602 --> 00:46:46,404 My greatest fear was going to prison, 950 00:46:46,437 --> 00:46:48,006 and I did go to prison. 951 00:46:48,039 --> 00:46:49,875 So my greatest fear became realized. 952 00:46:51,042 --> 00:46:53,244 It was worse than I thought. 953 00:46:53,278 --> 00:46:56,314 They handcuffed you, and you have to change into like an orange jumpsuit, 954 00:46:56,347 --> 00:47:00,051 they strip search you, stick a glove up your ass, 955 00:47:00,085 --> 00:47:01,286 all this crazy stuff. 956 00:47:01,319 --> 00:47:02,820 It was really bad. 957 00:47:04,089 --> 00:47:06,191 And I got up on the bunk, the top bunk, 958 00:47:06,224 --> 00:47:09,127 and I looked up at the ceiling and I said, 959 00:47:09,160 --> 00:47:11,062 "How am I going to do this shit? 960 00:47:11,096 --> 00:47:12,830 How am I going to survive this?" 961 00:47:18,904 --> 00:47:20,171 I wasn't pissed, 962 00:47:20,538 --> 00:47:23,308 I was sad. 963 00:47:23,341 --> 00:47:27,045 It was just the heartbreak of life going on outside 964 00:47:27,078 --> 00:47:29,180 and you were just dead. 965 00:47:29,214 --> 00:47:31,249 You know, the world was moving on 966 00:47:31,282 --> 00:47:34,953 and people were just living their lives 967 00:47:34,986 --> 00:47:36,421 and you were just stuck. 968 00:47:42,260 --> 00:47:44,562 [Eric Harris] I met Steve in lock up. 969 00:47:44,595 --> 00:47:46,264 He walks up to me just like-- 970 00:47:46,297 --> 00:47:47,999 out of nowhere and says, 971 00:47:48,566 --> 00:47:50,535 "How is it out there?" 972 00:47:50,568 --> 00:47:52,904 First of all, I was like, "Oh, back up." 973 00:47:52,938 --> 00:47:55,406 So he was like, "Yeah, my bad, I'm sorry. I didn't mean to do that." 974 00:47:55,440 --> 00:47:58,209 And he was like, "How is it?" 975 00:47:58,243 --> 00:48:00,611 I said, "It's cool, it's straight. You all right." 976 00:48:00,645 --> 00:48:02,413 I come to find out we were roommates. 977 00:48:03,714 --> 00:48:05,951 My job wasn't to make shoes. 978 00:48:05,984 --> 00:48:07,986 My job was to get through this. 979 00:48:09,587 --> 00:48:11,456 [Amelia Newton Varela] Our sales started plummeting. 980 00:48:11,489 --> 00:48:13,691 We had meetings on our own, 981 00:48:13,724 --> 00:48:16,161 and was like, "All right, how are we going to handle-- 982 00:48:16,194 --> 00:48:17,395 yeah, how are we going to change this? 983 00:48:17,428 --> 00:48:19,564 How quickly can we get fresh shoes and keep hitting it. 984 00:48:19,597 --> 00:48:22,300 And to make sure that we nailed the right style." 985 00:48:22,333 --> 00:48:23,969 And we just kept struggling. 986 00:48:24,002 --> 00:48:25,971 The ball dropped. The world stops. 987 00:48:26,004 --> 00:48:29,174 That world out there is no longer yours anymore, you know? 988 00:48:29,207 --> 00:48:32,177 So you got to get content on what's going on in there, you know? 989 00:48:36,281 --> 00:48:37,715 Everybody just called me "Big Swole". 990 00:48:37,748 --> 00:48:40,085 "Big Swole, Big Swole, Big Swole." 991 00:48:40,118 --> 00:48:42,553 That's why a line of people on the compound used to want to know me, 992 00:48:42,587 --> 00:48:46,157 because I was probably one of the strongest people on the compound. 993 00:48:46,191 --> 00:48:49,060 He introduced himself to me, we talked a little bit, you know, 994 00:48:49,094 --> 00:48:51,162 he kept saying, Steve Madden, Steve Madden. 995 00:48:51,196 --> 00:48:53,598 . I'm like, "Okay, I never heard of Steve Madden." 996 00:48:53,631 --> 00:48:55,433 He's like, "Man, I'm the shoe guy." 997 00:48:56,534 --> 00:49:00,071 One time he was actually waiting on me 998 00:49:00,105 --> 00:49:02,140 Sitting on my bed. 999 00:49:02,173 --> 00:49:05,210 And I said, "Hey man. You know the prison rule, 1000 00:49:05,243 --> 00:49:07,545 you find a man sitting on a man's bed, right?" [laughs] 1001 00:49:07,578 --> 00:49:09,614 He's like, "No, what is it?" 1002 00:49:09,647 --> 00:49:13,284 "If you sit on a man's bed, you want to be his girlfriend." 1003 00:49:13,318 --> 00:49:14,986 [laughs] 1004 00:49:15,020 --> 00:49:17,388 He's like, "No." I said, "Okay, then sit in the chair." 1005 00:49:17,422 --> 00:49:19,390 [laughs] 1006 00:49:19,424 --> 00:49:21,192 [Steve] I met a lot of great guys. 1007 00:49:21,226 --> 00:49:23,094 Guys who fucked up, you know, 1008 00:49:23,794 --> 00:49:25,296 but were good guys. 1009 00:49:25,330 --> 00:49:26,797 You know, he adapted that, 1010 00:49:26,831 --> 00:49:29,467 you know he learned all the little slang lingo cause he was into that. 1011 00:49:29,500 --> 00:49:31,302 he just wanted to learn everything. 1012 00:49:31,336 --> 00:49:34,305 Boy, he was a character. [laughs] 1013 00:49:34,339 --> 00:49:38,476 [Steve] I just liked being around them, I liked their energy 1014 00:49:38,509 --> 00:49:40,745 and they were very helpful. Lot of guys, you know? 1015 00:49:44,649 --> 00:49:47,585 There was a big thing about running the business from prison. 1016 00:49:47,618 --> 00:49:49,320 Like, "He's really running the business from prison." 1017 00:49:49,354 --> 00:49:52,257 Which is crazy. You can't run a business from prison. 1018 00:49:52,290 --> 00:49:54,125 And that's how I got the job here. 1019 00:49:54,159 --> 00:49:56,027 I don't know if we should put this on tape or not-- 1020 00:49:56,061 --> 00:49:59,530 He said, "You know what, what I'm thinking is, 1021 00:49:59,564 --> 00:50:02,333 why don't you come to work for me? 1022 00:50:02,367 --> 00:50:04,035 You could use my office. 1023 00:50:04,069 --> 00:50:05,803 You can use my secretary, 1024 00:50:05,836 --> 00:50:08,139 and come see me and come tell me what's going on at work." 1025 00:50:08,173 --> 00:50:12,443 And he said, "I've got the perfect, perfect position for you." 1026 00:50:12,477 --> 00:50:14,312 I said, "What's that?" 1027 00:50:14,345 --> 00:50:17,615 He says, "I'm going to make you the Head of International Sales." 1028 00:50:17,648 --> 00:50:19,684 I said, "That's great! That's great. Why are you doing that?" 1029 00:50:19,717 --> 00:50:21,586 He says, "Because we don't have any international sales, 1030 00:50:21,619 --> 00:50:24,089 you cannot fuck it up, you don't know anything about shoes 1031 00:50:24,122 --> 00:50:25,323 and so you can't screw it up. 1032 00:50:25,356 --> 00:50:27,092 So you're in charge of that." 1033 00:50:27,125 --> 00:50:29,527 You can't run a business from prison. 1034 00:50:29,560 --> 00:50:31,396 People can talk to you about business, 1035 00:50:31,429 --> 00:50:34,465 but my business you have to create you have to make shoes, 1036 00:50:34,499 --> 00:50:36,067 you have to talk to people. 1037 00:50:36,101 --> 00:50:37,502 You can't do that. 1038 00:50:37,535 --> 00:50:41,572 So, I thought, let's give them something to talk about. 1039 00:50:41,606 --> 00:50:45,810 When Steve was in jail, I used to get requests from the marketing people. 1040 00:50:45,843 --> 00:50:48,746 They're like, "Steve wants to know if you could hide little messages 1041 00:50:48,779 --> 00:50:51,716 like his jail cell number in the ad 1042 00:50:51,749 --> 00:50:55,753 It was kind of inspired by Sgt. Pepper. 1043 00:50:55,786 --> 00:50:57,855 The Beatles used to do stuff like that. 1044 00:50:57,888 --> 00:51:00,591 They would put like a secret message in. 1045 00:51:00,625 --> 00:51:03,494 And you know, so I decided to give a shout out to these people that I was with, 1046 00:51:03,528 --> 00:51:05,230 these great guys. 1047 00:51:05,263 --> 00:51:08,599 Once we did this big ad, there was like 1048 00:51:08,633 --> 00:51:11,469 Ferris wheels and stuff, like a Coney Island shot. 1049 00:51:11,502 --> 00:51:14,139 And we had to put in like, the hot dog vendor, 1050 00:51:14,172 --> 00:51:16,774 this guy-- every little thing in there was some guy 1051 00:51:16,807 --> 00:51:18,709 who some prison cell mate. 1052 00:51:18,743 --> 00:51:20,611 He brought me a magazine, he said, "Look, man". 1053 00:51:20,645 --> 00:51:22,747 I said, "Man, anybody can put somebody in a magazine, 1054 00:51:22,780 --> 00:51:24,081 that don't make you famous, you know? 1055 00:51:24,115 --> 00:51:26,517 It just make a guy a couple of dollars. You know to put you--" 1056 00:51:26,551 --> 00:51:28,319 He's like, "No man, I'm telling you, I'm famous, I'm famous." 1057 00:51:28,919 --> 00:51:31,656 See this? F-R-E-E Steve. 1058 00:51:32,657 --> 00:51:34,359 Free Steve. 1059 00:51:34,392 --> 00:51:39,397 I said, "Keep him in jail. Don't free his ass." 1060 00:51:39,430 --> 00:51:43,401 I said, "Listen, I don't care how much money you have. 1061 00:51:43,434 --> 00:51:44,902 . Right now, you in here. 1062 00:51:44,935 --> 00:51:46,704 So you have zero dollars. 1063 00:51:46,737 --> 00:51:48,273 Just like everybody else." 1064 00:51:50,575 --> 00:51:52,143 I ran a store inside of prison. 1065 00:51:54,279 --> 00:51:55,746 Everything the commissary had, I had it. 1066 00:51:57,382 --> 00:51:58,483 Yeah, Mackerel was the currency. 1067 00:51:59,517 --> 00:52:01,219 [Steve Madden] Mackerel. Fish. 1068 00:52:01,252 --> 00:52:03,188 You know, that was the currency in prison. 1069 00:52:04,922 --> 00:52:07,258 They're delicious. I mean, you know-- 1070 00:52:07,292 --> 00:52:09,227 for somebody in prison they're delicious. 1071 00:52:09,260 --> 00:52:10,628 It's not like, lobster. 2 1072 00:52:12,797 --> 00:52:15,866 I mean, I had people from all of the dorms coming to see Head. 1073 00:52:18,436 --> 00:52:22,307 He's like, "Man, this guy's-- this is amazing." 1074 00:52:23,608 --> 00:52:24,509 He gave me some pointers. 1075 00:52:26,844 --> 00:52:29,880 He made me think of ways that I can expand. 1076 00:52:29,914 --> 00:52:31,148 And it worked out. 1077 00:52:33,418 --> 00:52:36,521 So I had to figure out how could I corner the market on Mackerel? 1078 00:52:36,554 --> 00:52:40,491 So I figured it out, and I ended up with hundreds of Mackerel. 1079 00:52:40,525 --> 00:52:43,561 Guy would bring me cereal from the kitchen, I give him a Mackerel. 1080 00:52:43,594 --> 00:52:46,631 If I wanted to get my laundry done, I paid the guy a mackerel. 1081 00:52:46,664 --> 00:52:47,832 I became the mackerel king. 1082 00:52:50,301 --> 00:52:52,837 Steve started teaching a class. 1083 00:52:52,870 --> 00:52:54,472 So I taught a little business class. 1084 00:52:54,505 --> 00:52:57,308 I tried to reach out to some of the guys there. 1085 00:52:57,342 --> 00:52:58,976 They had standing room only because, 1086 00:52:59,009 --> 00:53:00,811 you know, everybody came to his class. 1087 00:53:03,714 --> 00:53:06,417 And that's what I was really trying to tell them. 1088 00:53:06,451 --> 00:53:07,885 Like, "You guys that are here, 1089 00:53:07,918 --> 00:53:10,721 you probably were successful dealing crack 1090 00:53:10,755 --> 00:53:12,757 or whatever it was. 1091 00:53:12,790 --> 00:53:15,460 So take that entrepreneurial skill. 1092 00:53:15,493 --> 00:53:18,296 Find a product that's legal. And sell it. 1093 00:53:18,329 --> 00:53:19,297 And you could do it. 1094 00:53:19,330 --> 00:53:20,598 You guys are all smart." 1095 00:53:20,631 --> 00:53:22,533 And most of them were very smart. 1096 00:53:22,567 --> 00:53:23,734 Very smart guys. 1097 00:53:23,768 --> 00:53:27,372 When you in prison, right, you want somebody to be there. 1098 00:53:27,405 --> 00:53:30,408 You understand? You want somebody to be in your corner. 1099 00:53:30,441 --> 00:53:33,311 So, you know-- and once you've been gone for so long, 1100 00:53:33,344 --> 00:53:34,779 friends tend to fade off, you know? 1101 00:53:34,812 --> 00:53:35,646 Money begins to slow down. 1102 00:53:35,680 --> 00:53:37,348 So you have to do what you have to do. 1103 00:53:37,382 --> 00:53:38,449 You have to take care of yourself. 1104 00:53:43,020 --> 00:53:44,655 You have a collect call from... 1105 00:53:44,689 --> 00:53:47,592 "Steve Madden, can you hear me?" 1106 00:53:47,625 --> 00:53:49,894 an inmate at Coleman Correctional Facility. 1107 00:53:49,927 --> 00:53:51,862 Do you accept the charges? 1108 00:53:51,896 --> 00:53:57,268 I got a call from someone saying that Steve wants to see you this weekend. 1109 00:53:57,302 --> 00:54:01,506 And I had no idea why he would want to see me 1110 00:54:01,539 --> 00:54:04,909 That's when I realized I had never been alone with him before. 1111 00:54:06,611 --> 00:54:07,478 [Steve] Yeah, we liked each other 1112 00:54:07,512 --> 00:54:08,379 We always liked each other, you know? 1113 00:54:08,413 --> 00:54:10,748 We always got a kick out of each other. 1114 00:54:10,781 --> 00:54:12,317 So there was that. 1115 00:54:12,350 --> 00:54:13,818 She had a nice countenance. 1116 00:54:13,851 --> 00:54:15,586 A face to the world. You know-- 1117 00:54:16,454 --> 00:54:18,389 She came to see him a lot. 1118 00:54:18,423 --> 00:54:21,992 You know, in the federal facilities, it's visit five days a week. 1119 00:54:22,026 --> 00:54:23,794 Out of the five she was there maybe three. 1120 00:54:24,562 --> 00:54:25,530 That's a lot. 1121 00:54:25,563 --> 00:54:26,631 You know, flying from New York. 1122 00:54:32,770 --> 00:54:36,907 I remember when he kissed me the first time ever. 1123 00:54:36,941 --> 00:54:40,911 In the cafeteria, the vending machines on the side. 1124 00:54:40,945 --> 00:54:44,949 The families visiting and it was so scary, 1125 00:54:44,982 --> 00:54:47,017 I wanted to run. 1126 00:54:47,051 --> 00:54:48,619 But I was in prison. 1127 00:54:50,788 --> 00:54:55,326 Then I get a letter of the top ten reasons why the kiss meant nothing. 1128 00:54:55,360 --> 00:55:01,332 And I just laughed at it because I saw what it meant, he was scared. 1129 00:55:01,366 --> 00:55:05,536 Man, he was like, "Man, why am I starting to develop feelings for Wendy?" 1130 00:55:05,570 --> 00:55:08,506 I said, "Ah, come on, you're probably just horny, man." 1131 00:55:08,539 --> 00:55:09,740 [laughs] 1132 00:55:11,909 --> 00:55:14,111 He did throw something out there about 1133 00:55:14,144 --> 00:55:16,981 "I don't know, maybe Wendy might be the one." 1134 00:55:17,014 --> 00:55:19,417 [Wendy Ballew] When he proposed to me, 1135 00:55:19,450 --> 00:55:21,886 it was kind of like he stuttered it out 1136 00:55:21,919 --> 00:55:25,590 in a story about 1137 00:55:25,623 --> 00:55:28,393 wanting to spend the rest of his life with me 1138 00:55:28,426 --> 00:55:31,929 and he goes, "I guess what I'm asking you is to marry me." 1139 00:55:33,063 --> 00:55:35,766 And I said, "Yes." 1140 00:55:35,800 --> 00:55:39,404 Many times I look back and I'm grateful for that moment, 1141 00:55:39,437 --> 00:55:42,106 and think, "Well, you know-- 1142 00:55:42,139 --> 00:55:44,409 if I wasn't in prison I wouldn't have had that moment." 1143 00:55:45,643 --> 00:55:47,545 Of course I could have done 20 days 1144 00:55:47,578 --> 00:55:49,980 and had that moment on the 15th day. 1145 00:55:50,014 --> 00:55:51,716 That would have been good. 1146 00:56:02,593 --> 00:56:03,794 [Amelia] And she married him. 1147 00:56:03,828 --> 00:56:05,129 Oh, my God. 1148 00:56:05,162 --> 00:56:06,764 I married him. 1149 00:56:06,797 --> 00:56:07,965 [Daianara] It's so crazy. 1150 00:56:10,134 --> 00:56:12,437 [Steve] It was such a joy to be out 1151 00:56:12,470 --> 00:56:14,739 It was an amazing period in my life. 1152 00:56:14,772 --> 00:56:17,408 I got married and had a family. 1153 00:56:17,442 --> 00:56:22,112 I just thought maybe, in my line of work 1154 00:56:22,146 --> 00:56:25,816 people would forgive and forget 1155 00:56:25,850 --> 00:56:29,153 And I'd be able to move on, you know? 1156 00:56:29,186 --> 00:56:32,423 And get a second chance. 1157 00:56:38,996 --> 00:56:42,900 I had a sense that, "Oh, my God, I'm free to do this, 1158 00:56:44,168 --> 00:56:45,670 Let's not squander it." 1159 00:56:47,237 --> 00:56:51,942 Wendy on my side was very helpful 1160 00:56:51,976 --> 00:56:55,646 I just thought, I'll get back to work and we'll see what happens. 1161 00:56:56,681 --> 00:56:57,748 Is this one of the new ones? 1162 00:56:59,784 --> 00:57:00,918 That one? 1163 00:57:03,721 --> 00:57:06,023 What happened to that shoe? It died. 1164 00:57:07,925 --> 00:57:10,728 But I did fear being out of touch with the styles 1165 00:57:10,761 --> 00:57:14,098 and not being able to put my finger on the winners 1166 00:57:14,131 --> 00:57:17,568 because so much of styling and design is context, you know? 1167 00:57:17,602 --> 00:57:18,836 So I was out. 1168 00:57:20,638 --> 00:57:22,540 [Rob] He said to me, 1169 00:57:22,573 --> 00:57:26,010 "It's going to take me some time to get back into it." 1170 00:57:26,043 --> 00:57:28,045 [Amelia] There was a shift happening. Styling changed. 1171 00:57:28,078 --> 00:57:29,313 We went from-- 1172 00:57:29,346 --> 00:57:30,715 Which he predicted by the way, he totally predicted this. 1173 00:57:30,748 --> 00:57:34,251 [Amelia] Yeah. Really, young chunkier and younger junior type shoes 1174 00:57:34,284 --> 00:57:36,220 and it was becoming more dressy. 1175 00:57:36,253 --> 00:57:38,589 Pointy toe. Something that at Steve Madden, we haven't done. 1176 00:57:38,623 --> 00:57:39,924 When you would see young Hollywood 1177 00:57:39,957 --> 00:57:42,960 wearing a $2,000 shoe, 1178 00:57:42,993 --> 00:57:46,664 real America wants the look at the same time. 1179 00:57:46,697 --> 00:57:48,132 [Steve] The shoes are not selling like they were. 1180 00:57:48,165 --> 00:57:49,900 They'd canceled a ton of shoes. 1181 00:57:49,934 --> 00:57:51,135 They just told me. 1182 00:57:51,168 --> 00:57:54,639 They just canceled a lot of shoes, yeah 1183 00:57:54,672 --> 00:57:57,107 And that's how I know, because it's not my look. 1184 00:57:57,141 --> 00:57:58,643 So I don't have a feel for that. 1185 00:57:58,676 --> 00:58:00,210 I know it's fabulous, 1186 00:58:00,244 --> 00:58:02,179 you know, I know it sells like crazy, but-- 1187 00:58:04,014 --> 00:58:05,783 And then you think, well, 1188 00:58:05,816 --> 00:58:08,553 "God, I'm not creative at all. 1189 00:58:08,586 --> 00:58:09,920 What have I done? 1190 00:58:10,220 --> 00:58:11,622 [laughs] 1191 00:58:11,656 --> 00:58:13,958 What have I done? I don't know anything. 1192 00:58:14,825 --> 00:58:16,326 I'm just talking." 1193 00:58:16,360 --> 00:58:21,632 You know, and then you figure out a way to put it all together, you know. 1194 00:58:24,001 --> 00:58:25,936 He went back to his old tricks of just like, 1195 00:58:25,970 --> 00:58:28,973 what is she wearing, what's happening on the street. 1196 00:58:29,006 --> 00:58:31,576 [Sam] The reality is if you're a true shoe guy, 1197 00:58:31,609 --> 00:58:33,544 all you do is look at feet 1198 00:58:33,578 --> 00:58:35,179 You're looking at their shoes, where did they get them. 1199 00:58:35,212 --> 00:58:37,682 Everything is about shoe, shoe, shoe, shoes. 1200 00:58:37,715 --> 00:58:41,886 I heard the other day he was at Nordstrom's for two days. 1201 00:58:41,919 --> 00:58:43,621 Sitting on a couch, 1202 00:58:43,654 --> 00:58:46,924 you know, watching the people buy the shoes. 1203 00:58:46,957 --> 00:58:48,926 That's his system, he likes that. 1204 00:58:48,959 --> 00:58:51,161 When we're in stores and Steve walks up to women 1205 00:58:51,195 --> 00:58:53,197 and just starts talking to them about their shoes. 1206 00:58:53,230 --> 00:58:55,032 They're all like, "Who is this guy?" 1207 00:58:55,866 --> 00:58:57,835 This is my store. 1208 00:58:57,868 --> 00:58:59,236 He goes, "You know, when I was young, 1209 00:58:59,269 --> 00:59:01,105 they thought it was cool. Like I was hitting on them." 1210 00:59:01,138 --> 00:59:02,272 Thank you. 1211 00:59:02,306 --> 00:59:04,208 "Now they just think I'm a creepy old man 1212 00:59:04,241 --> 00:59:05,943 [laughs] 1213 00:59:05,976 --> 00:59:07,578 That shoe is beautiful. 1214 00:59:07,612 --> 00:59:09,279 I haven't seen sport shoes like that in a long time. 1215 00:59:12,950 --> 00:59:16,687 There's a lot of designers in the world that are really good at what they do, 1216 00:59:16,721 --> 00:59:19,256 but they sort of just sit and draw it and wait for somebody to-- 1217 00:59:19,289 --> 00:59:21,058 and we're hands on. 1218 00:59:21,091 --> 00:59:22,693 He's digging it up, 1219 00:59:22,727 --> 00:59:24,795 we're back here trying to hammer it together. 1220 00:59:26,396 --> 00:59:28,866 All right, that's good. 1221 00:59:28,899 --> 00:59:30,968 All right! Sally forth! 1222 00:59:34,004 --> 00:59:35,740 [Alan] All the buyers wanted the shoes. 1223 00:59:35,773 --> 00:59:38,976 The reputation was that Steve couldn't miss. 1224 00:59:39,009 --> 00:59:40,611 [Steve] I've created a lot of shoes, 1225 00:59:40,645 --> 00:59:43,881 but I'm more of like an executive producer 1226 00:59:43,914 --> 00:59:46,316 I'm thinking about it all the way through the end. 1227 00:59:46,350 --> 00:59:51,021 You know, I'm thinking, "Okay, gonna sell it, it's gonna sit here. 1228 00:59:51,055 --> 00:59:53,290 How am I going to make it? What am I going to make it for? 1229 00:59:53,323 --> 00:59:55,960 How am I going to make it so a lot of girl's can buy it? 1230 00:59:55,993 --> 00:59:57,394 And I'm going to make money?" 1231 00:59:57,427 --> 01:00:01,632 It's like a personal war, each shoe, you know, almost. 1232 01:00:01,666 --> 01:00:05,703 For it to merge and become number one. 1233 01:00:05,736 --> 01:00:08,873 Self-esteem wrapped up in every shoe is something. 1234 01:00:08,906 --> 01:00:12,677 New shoes are on the dashboard of the car, 1235 01:00:12,710 --> 01:00:15,145 on the kitchen table, on the bed. 1236 01:00:15,179 --> 01:00:17,314 When I see him so obsessed with a shoe, 1237 01:00:17,347 --> 01:00:20,718 I have taken the shoe and put it on a pillow at night 1238 01:00:20,751 --> 01:00:22,687 to be like, "Here's your shoe." 1239 01:00:22,720 --> 01:00:25,289 He thinks about it 100% of his life. 1240 01:00:25,322 --> 01:00:27,858 Here's what we're doing. Couple of things. 1241 01:00:27,892 --> 01:00:29,059 This I didn't love on. 1242 01:00:29,093 --> 01:00:30,695 This might be worth a test. 1243 01:00:30,728 --> 01:00:32,096 I think they're too cheap. 1244 01:00:32,129 --> 01:00:34,131 But on something like this, a casual item, 1245 01:00:34,164 --> 01:00:36,867 you got to be very price sensitive. 1246 01:00:36,901 --> 01:00:38,068 That's my experience in the market. 1247 01:00:39,103 --> 01:00:40,404 Yeah, they're amazing. 1248 01:00:40,437 --> 01:00:43,107 The entrepreneurs is a hard driver 1249 01:00:43,140 --> 01:00:46,210 He's like, "Look, we're on this mission! 1250 01:00:46,243 --> 01:00:48,412 There may be some casualties here." 1251 01:00:49,279 --> 01:00:51,215 Where the fuck are you? 1252 01:00:51,248 --> 01:00:52,783 No, no, no, no. You can't do this, 1253 01:00:52,817 --> 01:00:55,052 I'm on a fucking tight schedule. 1254 01:00:55,085 --> 01:00:58,188 I believe it's some sort of neurotic drive. 1255 01:00:58,222 --> 01:01:01,692 You know, there were a lot of people taking vacations when I wasn't. 1256 01:01:01,726 --> 01:01:06,063 I thought maybe when he got married and had kids, 1257 01:01:06,096 --> 01:01:08,799 I wouldn't be hearing from him on a Saturday and Sunday so often. 1258 01:01:09,767 --> 01:01:10,968 Now I hear from him more. 1259 01:01:16,273 --> 01:01:17,374 [Steve] Hey, Jackie. 1260 01:01:20,044 --> 01:01:23,080 How's my boy? 1261 01:01:23,881 --> 01:01:25,883 Okay. 1262 01:01:25,916 --> 01:01:28,018 I'm always trying to evolve and get better 1263 01:01:28,052 --> 01:01:30,888 and you know, I want to be a good-- a better father. 1264 01:01:30,921 --> 01:01:32,222 That's important to me now, 1265 01:01:32,256 --> 01:01:34,324 like, be a better husband. 1266 01:01:34,358 --> 01:01:38,262 Those are two goals I have. I'm very selfish, self-centered guy. 1267 01:01:38,295 --> 01:01:39,696 And it's a struggle for me. 1268 01:01:42,432 --> 01:01:45,135 I don't know how he does everything that he does. 1269 01:01:45,169 --> 01:01:50,040 Between building this business, family and himself. 1270 01:01:51,876 --> 01:01:53,210 [Steve] That's a whole other thing. 1271 01:01:54,311 --> 01:01:57,247 Parenting, wow. 1272 01:01:57,281 --> 01:01:59,449 I don't even know what to say about it. 1273 01:02:01,318 --> 01:02:03,320 It was different from my family at work. 1274 01:02:07,357 --> 01:02:08,826 I need Krissy. 1275 01:02:10,394 --> 01:02:11,862 And I need Amelia. 1276 01:02:13,964 --> 01:02:15,132 Let's start. 1277 01:02:17,067 --> 01:02:22,807 I have to say, one of the great things is picking people 1278 01:02:22,840 --> 01:02:25,142 to help you with the journey. 1279 01:02:25,175 --> 01:02:29,279 So I was banned being a director or officer of a corporation. 1280 01:02:29,313 --> 01:02:34,018 We hired this kid in banking, young neophyte named Ed Rosenfeld. 1281 01:02:34,051 --> 01:02:36,120 The board had decided to make a change with the old CEO 1282 01:02:36,153 --> 01:02:38,388 and that I was going to be the new interim-CEO. 1283 01:02:38,422 --> 01:02:42,326 My first reaction was, "What? Who?" [laughs] 1284 01:02:42,359 --> 01:02:45,996 Wall Street loved him. Because he spoke their language, 1285 01:02:46,030 --> 01:02:48,498 and Steve, was neither an officer nor a director 1286 01:02:48,532 --> 01:02:50,801 and he was able to devote all of his time to product. 1287 01:02:52,336 --> 01:02:54,104 Your name sake Steve Madden, 1288 01:02:54,138 --> 01:02:56,573 he's still a contributing designer, consultant, what does he do? 1289 01:02:56,606 --> 01:02:58,909 Oh, yeah. He's the Chief Designer, 1290 01:02:58,943 --> 01:03:01,011 he leads everything we do from a creative standpoint 1291 01:03:01,045 --> 01:03:04,114 and he's-- he and his team are the ones who deserve the credit. 1292 01:03:04,514 --> 01:03:06,483 So as the CEO, 1293 01:03:06,516 --> 01:03:10,120 he started to put our money that we were making to good use. 1294 01:03:10,154 --> 01:03:16,126 We have 57 locations now around the Far-East, 1295 01:03:16,160 --> 01:03:19,096 whereas one year and two months ago we had zero. 1296 01:03:19,129 --> 01:03:21,231 My brother was from the new school, 1297 01:03:21,265 --> 01:03:22,900 even though he was my only brother. 1298 01:03:22,933 --> 01:03:25,435 He understood like entertaining clients. 1299 01:03:25,469 --> 01:03:28,138 He didn't really give a shit about expenses. 1300 01:03:28,172 --> 01:03:31,008 The most expensive bottles of champagne-- 1301 01:03:31,041 --> 01:03:34,244 we would just get the bills and freak out. 1302 01:03:34,278 --> 01:03:36,546 But he was like, "No, this is what I'm doing. 1303 01:03:36,580 --> 01:03:39,283 I'm bringing you a country, you idiots." 1304 01:03:40,951 --> 01:03:42,319 [John] UK was starting it, 1305 01:03:42,352 --> 01:03:44,588 Europe was starting it, South Africa, 1306 01:03:44,621 --> 01:03:46,924 South America, China, 1307 01:03:46,957 --> 01:03:50,160 Japan. Israel, Australia, they love it. 1308 01:03:52,396 --> 01:03:56,066 [Steve] So now the financial acumen caught up with the creative acumen 1309 01:03:56,100 --> 01:04:00,137 doing deals to supplement the creative energy. 1310 01:04:01,071 --> 01:04:04,008 We started acquiring companies. 1311 01:04:04,041 --> 01:04:06,010 You know, usually just big companies bought-- 1312 01:04:06,043 --> 01:04:08,012 you know, buy companies. And they're like-- 1313 01:04:08,045 --> 01:04:10,114 we're making shoes for teenagers, now we're busying companies. 1314 01:04:11,348 --> 01:04:13,217 His understanding of the music industry 1315 01:04:13,250 --> 01:04:14,651 and his understanding of what-- 1316 01:04:14,684 --> 01:04:17,321 what's happening in trends outside of, 1317 01:04:17,354 --> 01:04:18,655 what's happening with footwear, 1318 01:04:18,688 --> 01:04:21,225 that resonates with some many people 1319 01:04:21,258 --> 01:04:25,029 and allows him, I think, a tremendous runway. 1320 01:04:25,062 --> 01:04:27,998 We were able to take the old school hot shoe 1321 01:04:28,032 --> 01:04:31,501 and marry it with the new sort of marketing procedures today. 1322 01:04:32,236 --> 01:04:33,503 Hi-- 1323 01:04:33,537 --> 01:04:36,040 Weren't we talking to Iggy about doing some shoes 1324 01:04:36,073 --> 01:04:37,341 What happened? 1325 01:04:37,374 --> 01:04:38,575 I'd been wanting to get you in a room, so I hold you hostage. 1326 01:04:41,345 --> 01:04:42,512 So how's it going? 1327 01:04:42,546 --> 01:04:44,414 Pretty well, I loved the stuff that you did with Iggy. 1328 01:04:44,448 --> 01:04:46,050 -Yeah. -That was cool, 1329 01:04:46,083 --> 01:04:47,251 she's one of my good friends. 1330 01:04:47,284 --> 01:04:48,452 Well, we know. 1331 01:04:48,485 --> 01:04:50,320 For Steve, his designs, 1332 01:04:50,354 --> 01:04:53,190 his influences, his energy is based on music. 1333 01:04:53,223 --> 01:04:55,625 So when he wants to connect with an artist. 1334 01:04:55,659 --> 01:04:57,127 It's different, it's very personal. 1335 01:04:57,161 --> 01:04:59,363 Hello, Steve? 1336 01:04:59,396 --> 01:05:00,464 It's for you. 1337 01:05:00,497 --> 01:05:04,568 Yes, I kiss this shoe and I like it. 1338 01:05:04,601 --> 01:05:07,571 That's that 13 year old that was 20 years ago when he started 1339 01:05:07,604 --> 01:05:10,307 is now 33, he still has her. 1340 01:05:10,340 --> 01:05:11,575 I love them. 1341 01:05:11,608 --> 01:05:17,014 He has kind of defined how to bring fashion to the market. 1342 01:05:17,047 --> 01:05:19,049 Got the king right here. Got the king right here. 1343 01:05:19,083 --> 01:05:21,585 [laughs] He is the king. You know that. 1344 01:05:21,618 --> 01:05:25,055 Both of you damn guys, you blindsided us. 1345 01:05:25,089 --> 01:05:27,124 If he's not on the street, he's with a buyer, 1346 01:05:27,157 --> 01:05:29,326 he's talking with somebody who knows somebody that can help him 1347 01:05:29,359 --> 01:05:30,727 get that shoe into another door. 1348 01:05:30,760 --> 01:05:32,396 It's like he's got this underground network 1349 01:05:32,429 --> 01:05:34,531 where he just figures out how to get the things rolling. 1350 01:05:36,033 --> 01:05:37,567 Did you guys grow up wearing my shoes? 1351 01:05:37,601 --> 01:05:39,303 [Kendall Jenner] Everyone grew up wearing your shoes. 1352 01:05:39,336 --> 01:05:41,605 It's a gateway shoe drug, you know. 1353 01:05:41,638 --> 01:05:43,207 Before you get your Louis Vuittons, 1354 01:05:43,240 --> 01:05:44,508 you got to wear Steve Madden. 1355 01:05:44,541 --> 01:05:47,277 [Kendall and Kylie Jenner] Yeah. Uh-huh. Exactly. 1356 01:05:47,311 --> 01:05:50,447 I would like to be known as a guy who did all of that stuff, 1357 01:05:50,480 --> 01:05:53,283 not just, "Oh, he was this business guy. He was the shoe guy." 1358 01:05:53,317 --> 01:05:54,651 I was both. 1359 01:05:54,684 --> 01:05:56,386 I was a shoe and a business guy 1360 01:05:57,721 --> 01:05:59,389 And I'm still not done yet. 1361 01:06:01,591 --> 01:06:04,728 You guys need to do a wide shot to show how massive 1362 01:06:04,761 --> 01:06:06,630 this Steve Madden booth is. 1363 01:06:06,663 --> 01:06:09,166 It's like from there and goes all the way-- 1364 01:06:09,199 --> 01:06:11,035 it's all Steve, you understand? 1365 01:06:11,068 --> 01:06:12,736 So to come from where he came from, 1366 01:06:12,769 --> 01:06:14,038 to weather the storm, 1367 01:06:14,071 --> 01:06:15,572 and now look at him. 1368 01:06:15,605 --> 01:06:18,042 That's why I love Steve. Because he got federally indicted, 1369 01:06:18,075 --> 01:06:22,046 so we have like a weird kinship. 1370 01:06:22,079 --> 01:06:24,214 Because they indicted me on money laundering. 1371 01:06:24,248 --> 01:06:25,582 I was facing 20 years. 1372 01:06:25,615 --> 01:06:27,751 But when he talks about that part of his life. 1373 01:06:27,784 --> 01:06:30,587 I understand 100%. 1374 01:06:30,620 --> 01:06:33,223 [reporter] For people who don't know Steve Madden, the founder, 1375 01:06:33,257 --> 01:06:35,159 served a prison sentence, 1376 01:06:35,192 --> 01:06:39,329 and now he contributes in a very-- you know, important way. 1377 01:06:39,363 --> 01:06:41,065 [Steve] You know, we'd like to be a power of example 1378 01:06:41,098 --> 01:06:43,733 if we could to guys that made mistakes. 1379 01:06:43,767 --> 01:06:46,203 There's things that we support. 1380 01:06:46,236 --> 01:06:48,205 The Doe Fund is one of them. 1381 01:06:48,238 --> 01:06:49,673 Defy is another. 1382 01:06:49,706 --> 01:06:51,375 [reporter] That's for guys recently incarcerated. 1383 01:06:51,408 --> 01:06:52,876 They get out, you put them to work, 1384 01:06:52,909 --> 01:06:55,079 a lot of jobs-- we actually see them in this neighborhood cleaning up-- 1385 01:06:55,112 --> 01:06:57,181 I think that's amazing that you do that. 1386 01:06:57,214 --> 01:06:58,548 Yeah, there's a chance. There's second chances. 1387 01:06:58,582 --> 01:06:59,749 The great thing about America. 1388 01:07:09,726 --> 01:07:11,761 [all cheering] 1389 01:07:11,795 --> 01:07:14,298 [Verne Kneeley] I didn't look for Steve, that man was looking for me 1390 01:07:14,331 --> 01:07:16,100 by ear or something. 1391 01:07:16,133 --> 01:07:18,535 And I went to see him at a PA, 1392 01:07:18,568 --> 01:07:21,171 and everybody was around him. 1393 01:07:21,205 --> 01:07:24,208 And he stopped the PA. He jumped up, gave me a big hug. 1394 01:07:26,576 --> 01:07:28,478 He said, "I told you I was famous." 1395 01:07:28,512 --> 01:07:30,214 [laughs] 1396 01:07:30,247 --> 01:07:31,481 -How you doing? -All right. 1397 01:07:31,515 --> 01:07:33,417 -So we're getting it all set up -Yeah, yeah. 1398 01:07:33,450 --> 01:07:35,119 [Verne] He was like, "Hey man, what do you want to do? 1399 01:07:35,152 --> 01:07:37,154 You want to work? You want to do something?" 1400 01:07:37,187 --> 01:07:40,124 You know what I mean? He was still that same guy. 1401 01:07:45,229 --> 01:07:47,131 So I'm standing on the side, 1402 01:07:47,164 --> 01:07:49,233 so people don't realize that I'm with him. 1403 01:07:50,700 --> 01:07:53,170 Guy walks up to me, said, 1404 01:07:53,203 --> 01:07:56,606 "Look at him, man. He thinks he's all that. 1405 01:07:56,640 --> 01:07:59,643 You know all the money. Signing and throwing things around. 1406 01:07:59,676 --> 01:08:02,078 He think, 'Oh, he's a big shot.' 1407 01:08:03,380 --> 01:08:04,881 I said, 'You don't even know this guy. 1408 01:08:04,914 --> 01:08:07,184 And I tell you, I know him personally. 1409 01:08:07,217 --> 01:08:09,553 He's not close to any of those that you just said." 1410 01:08:11,288 --> 01:08:13,323 You don't try to please people, you know, 1411 01:08:13,357 --> 01:08:14,758 because you never will. 1412 01:08:17,861 --> 01:08:21,831 There's a part of me that doesn't believe that I'm really that good, you know. 1413 01:08:21,865 --> 01:08:25,502 You know, there's an element of being a fraud, you know? 1414 01:08:25,535 --> 01:08:29,439 And so, I'm always waiting for that moment where, "Ah! 1415 01:08:29,473 --> 01:08:32,442 See, I knew I was shit 1416 01:08:32,476 --> 01:08:33,677 And now I've failed." 1417 01:08:33,710 --> 01:08:35,479 It's that thing. So I'm so afraid of that. 1418 01:08:39,183 --> 01:08:41,551 You're never enough, you know, that kind of bit. 1419 01:08:42,919 --> 01:08:45,455 That's why I'm moved by my need to grind 1420 01:08:45,489 --> 01:08:47,624 and the need to earn all the time. 1421 01:08:51,228 --> 01:08:52,562 My work and my life are one. 1422 01:08:52,596 --> 01:08:54,464 It's-- you can't separate them. 1423 01:08:56,400 --> 01:08:58,435 I don't think any entrepreneur can separate them. 1424 01:08:58,468 --> 01:09:00,437 Who can we hire to do that? 1425 01:09:00,470 --> 01:09:01,838 We got to figure it out. 1426 01:09:01,871 --> 01:09:04,308 Everything is about the project. 1427 01:09:04,341 --> 01:09:07,444 Everything is about the struggle. 1428 01:09:07,477 --> 01:09:09,613 You know, just what you're trying to do. 1429 01:09:09,646 --> 01:09:12,816 There's nothing more important than that, that's it. 1430 01:09:12,849 --> 01:09:15,285 And I've felt that way so many times. 1431 01:09:17,354 --> 01:09:20,224 My son would say, "Daddy, why do you have to work so much?" 1432 01:09:21,891 --> 01:09:24,894 Well, "I have to pay for clothes and the food that we eat, 1433 01:09:24,928 --> 01:09:26,630 this is what Daddy does for a living." 1434 01:09:26,663 --> 01:09:28,332 I wanted them to understand work, 1435 01:09:28,365 --> 01:09:30,267 what work is all about. 1436 01:09:30,300 --> 01:09:33,270 But the truth is, is I love the work. 1437 01:09:33,303 --> 01:09:35,472 So Dad loves the work. 1438 01:09:35,505 --> 01:09:37,941 And now that I'm getting older, 58 now, 1439 01:09:37,974 --> 01:09:42,479 you know, I'm thinking, why do I keep pushing myself? 1440 01:09:46,283 --> 01:09:47,451 And it's because I want to win. 1441 01:09:50,019 --> 01:09:54,658 [Rachelle] You take on the responsibility right along with him. 1442 01:09:54,691 --> 01:09:57,794 You want it to succeed, same way he does. 1443 01:09:57,827 --> 01:09:59,963 And it's hard, because you lose friends, 1444 01:09:59,996 --> 01:10:02,832 relationships go to shit because it's like-- 1445 01:10:02,866 --> 01:10:05,302 this becomes your priority. 1446 01:10:05,335 --> 01:10:07,671 Sometimes I'm like, "I have kids, that's right." 1447 01:10:10,374 --> 01:10:14,010 [Wendy] Can I say this? That it was great to have Steve in prison. 1448 01:10:14,043 --> 01:10:19,449 It was the only time, maybe even to this day 1449 01:10:19,483 --> 01:10:22,652 that, you know, I got his full attention. 1450 01:10:22,686 --> 01:10:24,488 It was a different Steve 1451 01:10:27,557 --> 01:10:30,694 When he was in this environment, 1452 01:10:30,727 --> 01:10:34,764 you know, he didn't see what was right there. 1453 01:10:43,707 --> 01:10:45,742 He was never planning on getting married 1454 01:10:48,845 --> 01:10:50,447 His whole life. 1455 01:10:56,820 --> 01:10:59,723 [Steve] When it at all costs, there are costs. You know 1456 01:10:59,756 --> 01:11:00,990 I'm not proud of it 1457 01:11:02,526 --> 01:11:04,394 It's really taken it's toll on me. 1458 01:11:04,428 --> 01:11:06,530 I have to say, it's changed me. 1459 01:11:06,563 --> 01:11:09,032 You know, it's like, "What the hell am I doing this for? 1460 01:11:09,065 --> 01:11:11,768 What's happening here?" 1461 01:11:16,806 --> 01:11:19,743 So I'm thinking about my life other than shoes, you know? 1462 01:11:46,370 --> 01:11:48,572 [Steve] Lot of loss, lot of loss along the way. 1463 01:11:48,605 --> 01:11:51,341 But you know, that's-- that's the human condition, I guess. 1464 01:11:53,877 --> 01:11:56,680 And now, you know, I want to be with my kids. 1465 01:11:57,146 --> 01:11:58,882 Jack is here. 1466 01:11:58,915 --> 01:12:01,451 [Steve] Okay, Jack is here? 1467 01:12:03,987 --> 01:12:06,523 I'm leaning on them now, you know? 1468 01:12:06,556 --> 01:12:07,657 It feels like. 1469 01:12:16,099 --> 01:12:20,336 [indistinct] 1470 01:12:25,709 --> 01:12:27,411 It's okay if things are slower 1471 01:12:29,646 --> 01:12:31,715 It's okay, you know, things can be slower. 1472 01:12:36,119 --> 01:12:38,087 Something changes, you know? 1473 01:12:38,121 --> 01:12:39,956 You're just less of a prick. 1474 01:12:41,425 --> 01:12:44,861 You know, you get older you just-- 1475 01:12:47,897 --> 01:12:48,932 I don't know. 1476 01:12:50,600 --> 01:12:51,635 I'm different 1477 01:12:53,537 --> 01:12:55,939 I'm different now. 1478 01:12:55,972 --> 01:12:58,041 But then I have moments where I'm completely insane. 1479 01:12:58,074 --> 01:12:59,443 [laughs] 1480 01:13:11,187 --> 01:13:12,388 [gasps] 1481 01:13:21,030 --> 01:13:22,866 This is my office now. 1482 01:13:22,899 --> 01:13:25,435 It's not your office until I say it's your office. 1483 01:13:25,469 --> 01:13:27,070 You just said it was my office. 1484 01:13:34,978 --> 01:13:36,713 They push me a lot. 1485 01:13:36,746 --> 01:13:39,783 Because they're so smart I want to keep up with them. 1486 01:13:39,816 --> 01:13:41,851 It's a great team and they're very talented. 1487 01:13:41,885 --> 01:13:43,987 So I have to work my ass off to keep up with this crew. 1488 01:13:48,091 --> 01:13:49,192 Hello! [laughs] 1489 01:13:52,061 --> 01:13:54,531 So what are we talking about? 1490 01:14:07,677 --> 01:14:09,646 Turned 60 last Monday. 1491 01:14:16,252 --> 01:14:18,922 All right, I'll see you over there. 1492 01:14:18,955 --> 01:14:20,456 All right. I'll see you there. 1493 01:14:20,490 --> 01:14:22,592 [interviewer] Have you found that love for the business at all like Steve? 1494 01:14:22,626 --> 01:14:25,595 Yeah, man. I find myself sometimes always watching women's feet 1495 01:14:26,730 --> 01:14:28,131 You know? Always. 1496 01:14:34,604 --> 01:14:36,072 I'll talk to you later, goodbye. 1497 01:14:36,105 --> 01:14:38,107 "How's the documentary about yourself going?" 1498 01:14:38,975 --> 01:14:40,143 My ex-wife. 1499 01:14:51,888 --> 01:14:54,624 Everybody's full of shit right? 1500 01:14:54,658 --> 01:14:56,693 I mean, really. At the end of the day, 1501 01:14:56,726 --> 01:14:58,127 we're all the same. 1502 01:14:58,161 --> 01:15:00,263 We're all doing the best we can. 1503 01:15:17,947 --> 01:15:19,115 [mobile ringing] 1504 01:15:22,986 --> 01:15:23,953 Hey, Steve. 112972

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