WHENEVER I REMEMBER YOUNovember 8, 2018
RestlessJanuary 19, 2019
Phil Knight founded Nike ( then Blue Ribbon Sports) after burrowing $50 from his father. Today Nike is a a $34 billion dollar enterprise. His memoir Shoe Dog has some precious nugget of wisdom for all of us especially those who want to make It big.
- It is not necessary to start with something completely new: It is a common misconception to think that you need a completely new idea or product to start. When Phil started, Adidas, Puma and dozens of big brands already existed. But still he started and make a dent in the universe. Today Nike is bigger than Adidas! There are plenty of examples around us. Google did not invent search. There were dozens before Google but today all have been forgotten except Google. Similarly, a number of social networking websites existed before Facebook but today social networking is synonymous with Facebook. What are you going to do?
- Money should not be your sole : Don’t start something for the sake of making money but star to make a difference. Money will follow. When Phil Knight started,