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1962, japan
phil knight was twenty-four. fresh out of stanford business
school. he'd written a paper there about whether japanese
running shoes could do to the american sneaker market what
japanese cameras had done to germany's. when he presented his
paper in class, nobody asked a single question.
he sold his car, took a loan from his dad, and flew to japan on
what was supposed to be a side trip on his tour around the world.
he wasn't sure he was going to even have a meeting until he
was already on the train to kobe.
phil asked for a tour of the onitsuka tiger factory. he met the
executives afterward. one of them asked what company he
represented. knight, on the spot, reflected back to the wall of
blue sports ribbons he'd been collecting since high school.
blue ribbon sports of portland, oregon,
he said. it was a company that did not exist.
the executives stood up and left the room. knight thought
he'd blown it. they came back a few minutes later and offered
him the american distribution rights for the onitsuka tiger.
knight paid $50 for samples and went home to wait.
he formed blue ribbon sports two years later, in 1964, with $1,200
and a handshake with his old oregon track coach, bill bowerman.
for the next seven years, they sold tigers out of the back of a
green plymouth at track meets across the pacific northwest. knight
had a day job as an accountant. he sold shoes nights and weekends.
his mother bought a pair for $7 and wore them around the house to
prove a point to phil's dad that this sneaker idea
wasn't just jack ass-ing around.
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