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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 talks to them about pronation and cushioning and weight.

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

He listens to their complaints about existing shoes and makes notes about everything that's wrong.

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

And he sells.

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

Not a lot at first.

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

His first year, Blue Ribbon grosses $8,000.

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

The next year, they gross about $16,000.

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

And then $32,000.

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

Every year, the number doubles.

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

He's awkward and introverted.

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

But remember, belief is irresistible.

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

He believes in running, and he believes in these shoes.

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

And runners can feel his conviction, and it's contagious.

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

When someone believes in something so totally, we respond to it.

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

We want to buy in.

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

So he also does something that seems obvious but wasn't common at the time.

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

He tells the truth about the product.

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

If the shoe has a flaw, he admits it.

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

If one model is better for a certain foot type, he says so.

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

Even if it means selling a cheaper shoe, he doesn't oversell and he doesn't exaggerate.

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

After a few years, runners start seeking him out.