Friday, February 22, 2019

Assignment 13A - Reading Reflection 1


Assignment 13A – Reading Reflection 1

Reflection on Shoe Dog by Phil Knight

1.     I think a more fitting question for this autobiography is what didn’t surprise me. I think there is a stereotype of entrepreneurs today in that they are extremely extroverted, eloquent speakers, and brilliant salesmen. What surprised me the most was how different Phil Knight was from all of these adjectives. He was brilliant in so many other ways- most notably his ability to keep going. It also surprised me that he was not the one to come up with the infamous Nike swish logo or even the brand name Nike itself.
a.     Not only do I admire Phil Knight’s perseverance, but also his belief that “it’s never just business.” He has always believed in something more, something greater than just selling a product. He encourages people to “have faith in faith.”
b.     I can’t say that there’s anything I disliked about Phil Knight. However, if I had to pick one thing that I least admired I would say it is how much his work took him away from his family and children. However, that is ultimately the price he paid for greatness.
c.     He absolutely encountered adversity and failure. I don’t think there’s ever been a successful (or unsuccessful) entrepreneur that hasn’t. He was constantly in debt and constantly had to borrow money and worry about being able to pay it back. He also had to go through many lawsuits, unsuccessful products, and even a $25 million fine from US Customs.
2.     Like I mentioned before, his greatest competency was his perseverance, his ability to keep going when everything was working against him. He is extremely humble and gives credit where credit is due. After all, he didn’t even come up with the name Nike or the trademark symbol himself. He also believes that what he is doing is much more than just business- instead he is adding value to the world and changing people’s lives for the better.
3.     What was most confusing to me was how much fabrication Phil Knight did in order to get Onitsuka to work with him. In the very beginning, he simply makes up the fact that he works for a company called Blue Ribbon, which could distribute the shoes, when in reality this company did not yet exist. He also lies to them on other occasions, like when he says that he has offices on both coasts, when in reality no such east coast office existed.
4.     I would ask what he would do differently if he were given the opportunity to do it all over again, because I would want to know what the most important lesson he learned was. I would also ask what his opinion is of the things Nike is doing today and the company culture since he has left. I’m sure it is vastly different than what it was like when he was building it from the ground up and so I would be interested to know what he thought about the changes.
5.     I think Phil Knight’s opinion of hard work is that it is the single most important thing. Throughout the whole book, this is the one concept he kept repeating and emphasizing. Hard work is the only thing that got him through the countless failures and obstacles that he had to encounter along the way. It is an absolutely necessary part of any successful endeavor.



5 comments:

  1. Hey Hope,
    I like how in your post you talked about Phil Knight's work ethic being the most important thing in becoming an entrepreneur. Also the question that you posed was one that I was wondering too because of the technology changes now compared to the past. After reading this it is shown that Phil Knight is a great entrepreneur and family guy. Nice Work!

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  2. Hey hope, after reading what you think of this entrepreneur he definitely seems pretty amazing. Its not hard to imagine how most brands don't come up with their own names and logo. I suck at naming things and lots of businesses hire people to come up with idea for their products and decide on one from the group. I'm more surprised Phil Knight was able to lie about non existent buildings and get away with it.

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  3. Hi Hope,
    I've noticed that you value work ethic and determination very much. As much as a good business model is, you won't get anywhere without hard work and dedication. With the right mindset, overcoming obstacles becomes just another task instead of a challenge. Innovating and adapting will become natural, which is very important as an entrepreneur. I think having an end goal to make a positive change for the planet will always give you an edge in competition as others can empathize with your motive.

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  4. Hey Hope. Overall, you did a great job on your post, and I think you have some well thought out opinions about Phil Knight and the book itself. I also read this book, so I was able to see all of the incredible qualities that made Knight so successful. I completely agree with you that his determination is what made the difference in his story. When almost anyone else would have quit or chosen a different path, Knight stuck with his vision until he found success. I think everyone should aspire to reach that level of commitment to things they want to achieve.

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  5. Hey Hope,
    Your post holds Phil Knight’s work ethic and unconventional style to entrepreneurship in high regard. I’m puzzled by the fact that Knight confesses to lying quite a bit; however, that could explain the fairly ambiguous nature his company presents when addressing ethical work and environmental standards. Your post really conveys his perseverance and certainly different approach to business.

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