Building A Billion-Dollar Shoe Brand From Scratch: Aldo Bensadoun
About this episode
If you have ever wondered if you have what it takes to become an entrepreneur, then listening to Aldo Bensadoun's story could be a life-changing experience. Entrepreneurship is a natural calling for some. For others, it's a destiny that seems to find them. In this episode, Aldo takes us on a journey from his humble beginnings to building a billion-dollar brand that may have never existed if it wasn't for one life-changing decision that turned a loyal employee into a trailblazing founder who still feels like he has something to prove.
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In This Episode, We Cover:
(00:00) Welcome to Big Shot and our guest Aldo Bensodaun
(03:10) Aldo’s upbringing
(06:20) How Aldo sold encyclopedias door-to-door
(11:00) How Aldo ended up in retail after all
(14:45) Why Aldo eventually decided to start his own business
(20:15) Aldo’s business model – be a capitalist and a fair person
(26:30) The key decisions in Aldo’s life
(27:20) Why Aldo stopped working with their biggest partner
(31:38) How Skechers was created on a napkin
(34:00) Cause marketing and Jewish heritage
(34:98) What makes Jewish entrepreneurs so unique
(37:00) What Aldo wants you to learn from his life
(41:08) Aldo’s proudest accomplishment
(43:06) Why Aldo feels he still hasn’t made it
(43:56) Would life have been different if Aldo had stayed with his former boss
(44:55) The ultimate discount setup
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Referenced:
Phi Epsilon Pi: https://en.wikipedia.org/wiki/Phi_Epsilon_Pi
Le Château: https://en.wikipedia.org/wiki/Le_Ch%C3%A2teau
Dr. Martens: https://www.drmartens.com/us/en/
Robert Greenberg: https://about.skechers.com/executive-team/
Tikkun Olam: https://en.wikipedia.org/wiki/Tikkun_olam
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