Hard work is critical, a good team is essential, brains and determination are invaluable, but luck may decide the outcome.” Athletes get lucky, poets get lucky, businesses get lucky. Yes, I’d like to publicly acknowledge the power of luck. Without the supporting cast, the Nike we know today would look much different, if it were even to still exist. The original team he assembled were extremely loyal, with many of them traveling across the country to open up warehouses, or some that did not cashing checks since the company had money problems early on. He surrounded himself with similar people who shared the same values and ideals. He also was a CPA before founding Nike, and found that you could trust accountants to be smart. Phil was a runner at heart, typically running six miles a day to blow off steam. The other first employees and salespeople tended to be runners or accountants, which was exactly what Phil was. His first partner was his old running coach from college. The founding crew of Nike was quite the motley crew. Phil just kept going, telling himself the entire time to not stop.Ģ) Surround Yourself With Those That Share Your Values We all know what Nike is today, but back in the 1960’s, there were many times where people told him to stop (including his dad who didn’t believe in him and the banks, who that were lending him massive amounts of money). Phil decided to follow his dream and traveled to Japan, found a supplier and started selling shoes in the US. His business plan was a success in class, but no one thought it was actually a good idea to go through with. Phil’s was a big-time runner in Oregon and when he was doing his MBA at Stanford, he had an idea to sell Japanese shoes. Don’t even think about stopping until you get there, and don’t give much thought to where ‘there’ is. In 1962, Phil Knight had the following epiphany moment and said: “Let everyone else call your idea crazy. There is something for everyone to learn in this fun, eye-opening read, but here are the three main things that I took away from the book. It is an excellent read about the trials and tribulations of entrepreneurs who have their eyes laser focused on success, no matter what it takes to get there. The story goes back in time all the way to the early 1960s when Phil Knight started selling not Nike shoes, but Tiger shoes.
One of my favorite books I’ve read this year so far was Shoe Dog, by Phil Knight. By Tom Murray | Managing Director, Agency
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