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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 gives Johnson the East Coast, tells him to open a store, then a factory, and he has zero manufacturing experience.

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

He puts Woodle in charge of operations, and he has no experience.

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

And then Phil gets out of the way.

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

He trusted them implicitly.

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

He later said he was adhering to the wisdom of General Patton.

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

Don't tell people how to do things.

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

Tell them what to do and let them surprise you with the results.

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

And because he trusted them with autonomy, they rewarded him with devotion.

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

They were a band of misfits who had walked through fire for each other and for the company, and not because he paid them well, because he didn't, at least not for years.

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

Instead, he saw something in each of them that the world had missed, and they spent the rest of their careers proving him right.

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

And while Knight was off building his team, Bowerman was doing what Bowerman always did.

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

He was tinkering.

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

And one Sunday morning in 1971, he's having breakfast with his wife and he can't stop staring at her waffle iron.

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

And he has an idea.

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

What if he poured rubber into it?

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

What if those little waffle squares became treads on a shoe sole?

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

So he grabs the waffle iron, takes it into his workshop, and starts experimenting.

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

And of course, he ruins the waffle iron.

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

While his wife is not happy, what comes out of that experiment totally changes the company.

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

The waffle sole grips the ground better than anything on the market.