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From Debtor to Billionaire: 5 Life Lessons Nike Founder Phil Knight Learned Along The Way

Ben Owens
2 min readMar 4, 2023

Phil Knight is the founder of Nike, and is currently worth just shy of $46 Billion.

In his memoir, Shoe Dog, he explores his early path from penniless debtor to one of the most successful founders of our time.

I picked up this book because virtually everyone in my life that I consider successful has added it to their Top 10 list at one point or another.

And there’s a reason for that:

Knight’s journey is inspiring, comforting, and reassuring to everyone from founders to athletes.

Life Lesson #1: Travel More

Much of the book focuses on Knight’s travels abroad–Japan, China, Nepal, Vietnam, the list continues.

And he reflects on the impact those travels had.

As a young entrepreneur, this served as a reminder to always find ways to explore the world.

Life Lesson #2: Follow your passion.

“If you’re following your calling, the fatigue will be easier to bear, the disappointments will be fuel, the highs will be like nothing you’ve ever felt.”

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Ben Owens
Ben Owens

Written by Ben Owens

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