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Billion Dollar Lessons From The Founder of Reebok, Joe Foster

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Manage episode 364866660 series 3480621
Content provided by Sameer (Meer). All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sameer (Meer) or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Your Mentor Today- The Founder of Reebok.
Joe founded Reebok in 1958 with his late brother Jeff, following their family heritage back to 1895. Joe's Grandfather, also Joseph W Foster, pioneered the spiked running shoe and famously made shoes for the Worlds best athletes of the early 20th century, with World records and Olympics Gold Medals.

Wearing (pumps) made by J W Foster & Sons Ltd, Harold Abrahams and Eric Liddell won Olympic Gold Medals in the 1928 Paris Olympics and were immortalised in the film ‘Chariots of Fire’.

With Reebok they followed in his footsteps, with Olympic, Commonwealth and European medals and World record breaking performances, represented now by the range of Reebok Classics.
The Foster family had been hand-making running shoes since the late 19th century, supplying the likes of Eric Liddell and Harold Abrahams - later immortalised in the film Chariots of Fire - as well as providing boots to most football league clubs. But a feud between Joe Foster’s father and his uncle about the direction of J W Foster & Sons prompted Joe and his brother Jeff to leave the family business and set up a new company. Inspired by the success of brands such as Adidas, Reebok was born and Joe’s ambitions were sky-high.
At first, money was so tight that Joe, Jeff and their wives all lived in their rundown factory, with the heavy shoe-making machinery strategically placed to avoid the floor collapsing. As the business grew in fits and starts, Joe’s vision for the brand became ever clearer and the setbacks, near bankruptcies and tough lessons only served to push Joe and reebok harder towards the ultimate goal: breaking America
While Reebok continued to be known for it’s excellent running shoes, it’s big break came thanks to the aerobics craze of the 1980’s. Soon Reeboks were on Hollywoods red carpets, on the feet of rock stars and even played a starring role in Aliens when Sigourney Weaver took down extra-terrestrials in a pair of Reebok Alien Stompers.
Shoemaker tell Joe Foster’s inspiring story, revealing the grit, hard choices and personal sacrifices that go into creating a world beating brand. It’s a take of belief - with the right products and the right vision, the risks can pay off and a family business in a small factory in Bolton can be transformed into a global phenomenon.
Listen To The More We Know ⇨ https://www.buzzsprout.com/1134704​
Subscribe ⇨https://www.youtube.com/channel/UCxvfd5ddf72Btbck8SdeyBw
Follow my Instagram ⇨ https://www.instagram.com/sameer.sawaqed/?hl=en
Follow my Twitter ⇨ https://twitter.com/commitwithmeer

Listen To The More We Know ⇨ https://www.buzzsprout.com/1134704​
Subscribe ⇨https://www.youtube.com/channel/UCxvfd5ddf72Btbck8SdeyBw
Follow my Instagram ⇨ https://www.instagram.com/sameer.sawaqed/?hl=en
Follow my Twitter ⇨ https://twitter.com/commitwithmeer

  continue reading

57 episodes

Artwork
iconShare
 
Manage episode 364866660 series 3480621
Content provided by Sameer (Meer). All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sameer (Meer) or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Your Mentor Today- The Founder of Reebok.
Joe founded Reebok in 1958 with his late brother Jeff, following their family heritage back to 1895. Joe's Grandfather, also Joseph W Foster, pioneered the spiked running shoe and famously made shoes for the Worlds best athletes of the early 20th century, with World records and Olympics Gold Medals.

Wearing (pumps) made by J W Foster & Sons Ltd, Harold Abrahams and Eric Liddell won Olympic Gold Medals in the 1928 Paris Olympics and were immortalised in the film ‘Chariots of Fire’.

With Reebok they followed in his footsteps, with Olympic, Commonwealth and European medals and World record breaking performances, represented now by the range of Reebok Classics.
The Foster family had been hand-making running shoes since the late 19th century, supplying the likes of Eric Liddell and Harold Abrahams - later immortalised in the film Chariots of Fire - as well as providing boots to most football league clubs. But a feud between Joe Foster’s father and his uncle about the direction of J W Foster & Sons prompted Joe and his brother Jeff to leave the family business and set up a new company. Inspired by the success of brands such as Adidas, Reebok was born and Joe’s ambitions were sky-high.
At first, money was so tight that Joe, Jeff and their wives all lived in their rundown factory, with the heavy shoe-making machinery strategically placed to avoid the floor collapsing. As the business grew in fits and starts, Joe’s vision for the brand became ever clearer and the setbacks, near bankruptcies and tough lessons only served to push Joe and reebok harder towards the ultimate goal: breaking America
While Reebok continued to be known for it’s excellent running shoes, it’s big break came thanks to the aerobics craze of the 1980’s. Soon Reeboks were on Hollywoods red carpets, on the feet of rock stars and even played a starring role in Aliens when Sigourney Weaver took down extra-terrestrials in a pair of Reebok Alien Stompers.
Shoemaker tell Joe Foster’s inspiring story, revealing the grit, hard choices and personal sacrifices that go into creating a world beating brand. It’s a take of belief - with the right products and the right vision, the risks can pay off and a family business in a small factory in Bolton can be transformed into a global phenomenon.
Listen To The More We Know ⇨ https://www.buzzsprout.com/1134704​
Subscribe ⇨https://www.youtube.com/channel/UCxvfd5ddf72Btbck8SdeyBw
Follow my Instagram ⇨ https://www.instagram.com/sameer.sawaqed/?hl=en
Follow my Twitter ⇨ https://twitter.com/commitwithmeer

Listen To The More We Know ⇨ https://www.buzzsprout.com/1134704​
Subscribe ⇨https://www.youtube.com/channel/UCxvfd5ddf72Btbck8SdeyBw
Follow my Instagram ⇨ https://www.instagram.com/sameer.sawaqed/?hl=en
Follow my Twitter ⇨ https://twitter.com/commitwithmeer

  continue reading

57 episodes

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