Did you know Nike started out of trunk of a car?

16 Mar 2026 · 1 min
0:45

In this short narration, Dan Novaes recounts how Phil Knight founded Nike in the 1960s by selling lightweight running shoes out of his car trunk at track meets. Knight partnered with a Japanese manufacturer to import shoes, reinvested thin margins, and faced intense competition and cash shortages. Together with his coach Bill Bowerman, they began designing their own shoes, famously using a waffle iron to create a new tread pattern. Despite early financial struggles and hesitant banks, athletes adopted the brand, and performance-driven reputation grew the company. Novaes emphasizes that Nike’s success stemmed from belief, incremental sales momentum, and a humble start rather than immediate scale.

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