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Shane Parrish

๐Ÿ‘ค Speaker
16064 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

He focused on the most important ones and ignored everything else.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

And there's one other detail that stood out about his focus.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

When things were toughest, he deliberately directed his attention to what was working and not what was broken.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

He forced himself to focus on the good.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

Okay, that's the setup.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

A misfit with a crazy idea, a thousand borrowed dollars, and the kind of obsession that makes balance irrelevant.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

Now let's get into what he built.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

So it's 1962.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

Phil is 24 years old, sitting in his father's TV room in Portland, waiting for a commercial break during wagon train.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

He's rehearsed what he wants to say for weeks, but he's nervous because what he's about to propose sounds insane.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

So, Dad, you remember that crazy idea I had at Stanford?

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

The crazy idea came from a research paper.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

Phil was a runner, good enough to compete at the University of Oregon under a legendary coach named Bill Bowerman.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

So he knew running shoes, but he was also a business student, and he'd noticed something.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

Japanese cameras had recently blown apart the German-dominated camera market.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

They were much cheaper and just as good, if not better.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

So his paper asked a simple question.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

Could Japanese running shoes do the same thing to German running shoes?

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

At the time, Adidas and Puma owned that world completely.

The Knowledge Project
[Outliers] Phil Knight: The Obsession That Built Nike

At the 1960 Rome Olympics, 75% of track and field athletes wore Adidas.