#219 Joe Foster: How Reebok Was Really Built

Welcome to episode 219 of Sports Management Podcast. Today's guest is Joe Foster - the founder of Reebok. At 90 years old, he's sharing the real origin story for the first time. From hand-made spiked shoes to billion-dollar global dominance, this is one of the greatest sports business journeys ever told. SPONSOR: Listeners of the Sports Management Podcast get an exclusive 20% off on SportsPro+ with the code SMPOD20. All you need to do is head to sportspro.com/membership and start exploring today. Time stamps: 00:00 Growing up during World War II 05:45 Winning races with spiked shoes at age 8 08:08 Grandfather invents the first spiked running shoe 17:00 Walking away from the family footwear company 18:49 Building Reebok inside a collapsed brewery 25:15 Creating direct-to-athlete distribution 29:32 Naming Reebok from a dictionary 35:15 First failed attempt entering America 41:08 Runner's World five-star ratings change everything 43:31 Birth of the Reebok aerobics shoe 46:59 Why Joe exited Reebok 57:10 Turning lawsuits into brand advantages 01:05:05 Joe's 3 rules of entrepreneurship 01:09:06 Meeting celebrities & reaching global #1 01:12:19 Why he wrote his book to correct history 01:13:00 Outro   Follow Sports Management Podcast on social media Instagram Twitter LinkedIn YouTube www.sportsmanagementpodcast.com