The Economic Times

In 1964, Phil Knight sold Japanese running shoes from his car after teaming with his Oregon coach; Nike reported $19.2 billion in revenue in fiscal 2009

Nike started its journey with Phil Knight selling shoes directly from his car's trunk, eventually collaborating with coach Bill Bowerman to enhance shoe designs. Renamed in 1971, Nike saw tremendous growth, achieving billions in revenue through strategic sponsorships and innovative designs. This remarkable history serves as a valuable lesson for contemporary entrepreneurs, emphasizing the importance of patience and unwavering persistence in business pursuits.