The David Rubenstein Show: Peer to Peer Conversations Season 3 Episode 2 Phil Knight, Nike Co-Founder
- June 28, 2017
In the second episode of season 3 of The David Rubenstein Show: Peer to Peer Conversations, the renowned American businessman and philanthropist David Rubenstein speaks to Phil Knight, one of the most successful and influential entrepreneurs of our time, and co-founder of Nike Inc.
The conversation delves deep into Knight's early life, exploring his humble beginnings in Oregon where he grew up with a love for sports, which translated into a passion for running. Rubenstein takes the audience on a journey through Knight's time at the University of Oregon, where he met his first business partner Bill Bowerman and how the two went on to create one of the largest global brands today.
Knight reveals how he started out selling Japanese sneakers in America out of the back of his car, and how this eventually led him and Bowerman to found Blue Ribbon Sports, which later became Nike Inc. Rubenstein explores the hurdles and challenges that Knight faced in the early years of his business, including a financial setback that nearly crippled Nike before the brand became a household name.
The conversation also touches on how Knight's association with Nike has gone beyond just business, with him using his influence to create change in the world today. Knight has contributed generously to charity, particularly in the areas of education and healthcare, and has focused his efforts towards eradicating cancer.
Throughout the episode, Rubenstein teases out the key characteristics that made Knight the successful entrepreneur he is today. The discussion highlights how Knight exhibited a fierce determination and an unwavering commitment to his goals, even in the face of adversity. It also highlights how Knight valued creativity and innovation, which he believed was instrumental in making Nike a dominant player in the sportswear industry.
Overall, this episode is a fascinating and in-depth exploration of the life of Phil Knight and the creation of Nike Inc. It's a must-watch for anyone interested in entrepreneurship, business leadership, and innovation.