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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

Millions of people watched this lean, determined man cross the finish line, and something shifted.

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

Running clubs popped up.

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

Joggers appeared on suburban sidewalks.

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

In the 1970s, the New York Marathon had 127 finishers.

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

By the end of the decade, it had tens of thousands.

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

Nike didn't start the running boom, but they were the only company ready for it.

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

They rode the wave.

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

The waffle trainer caught fire because it's better traction, better cushioning and a better price.

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

But what surprised everyone, including Phil, was what happened next.

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

People stopped taking them off.

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

And here's what Phil wrote in his book.

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

He said, watching the shoe evolve in 1976 from popular accessory to cultural artifact, I had a thought.

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

People might start wearing this thing to class and the office and the grocery store and throughout their everyday lives.

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

Until that moment, athletic shoes were for athletics.

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

You wore them to run, then you changed.

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

The idea of wearing running shoes to the grocery store was radical.

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

So Knight made a small decision that turned out to be enormous.

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

He ordered the waffle trainer in blue to go with jeans.

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

We couldn't make enough.

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

Retailers and sales reps were on their knees pleading for all the waffle trainers we could ship.