EPISODE · Nov 20, 2023 · 25 MIN
How Nike Found Product-Market Fit
from A Product Market Fit Show | Startup Podcast for Founders · host Mistral.vc
Nike was built backwards. Instead of building a product and taking it to market, Phil Knight first built a distribution machine for running shoes. Eight years later, he finally launched his own product (the Nike shoe) and did $3M in sales in the first year. This is not the full story of Nike. It's the story of how Phil Knight got to product-market fit.Send me a message to let me know what you think!
What this episode covers
Nike was built backwards. Instead of building a product and taking it to market, Phil Knight first built a distribution machine for running shoes. Eight years later, he finally launched his own product (the Nike shoe) and did $3M in sales in the first year. This is not the full story of Nike. It's the story of how Phil Knight got to product-market fit. Send me a message to let me know what you think!
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How Nike Found Product-Market Fit
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