Nissho Iwai: Nike’s Financial Savior

Nissho Iwai: Nike’s Financial Savior

Nike is a juggernaut company today, but early in its history, it ran into constant financial problems. It was so aggressive in expanding that it always had issues paying back its bank. At one point, its bank said enough was enough. It would no longer extend Nike credit to grow. Phil Knight is devastated. Until he gets a new partner: Nissho Iwai. From his memoir Shoe Dog, here are the key details about Nike and Nissho.

What You Can Learn From André Trocmé’s Showdown with the Nazis

What You Can Learn From André Trocmé’s Showdown with the Nazis

Who was André Trocmé? And what can we learn from him about finding the advantages of disadvantages? André Trocmé was a French pastor who preached pacifism and saved thousands of Jews during the Nazi occupation. We’ll cover why André Trocmé and the townspeople of Le Chambon-sur-Lignon had the courage to stand up to the government, and what you can learn from his life story.

Rule 8: Tell The Truth – Or At Least Don’t Lie

Rule 8: Tell The Truth – Or At Least Don’t Lie

In 12 Rules for Life, Rule #8 is “Tell The Truth – Or At Least Don’t Lie.” What does this mean? Why is lying so bad to yourself? Why is telling the truth so good? This rule discusses not only lying to others, but also lying to yourself and obscuring your personal truth. Instead, you need to develop your personal truth, then act consistently with it. This chapter is fairly abstract, but try to see if its principles resonate with a specific problem you have in life.

48 Laws of Power | Law 27: Play on People’s Need to Believe to Create a Cultlike Following

48 Laws of Power | Law 27: Play on People’s Need to Believe to Create a Cultlike Following

Overview of Law #27: Play on People’s Need to Believe to Create a Cultlike Following People desperately want to believe in something. Offer them a cause to follow. Promise the world but keep it vague; whip up enthusiasm. Mimic a religious structure with a hierarchy, rituals, and requests for sacrifice (donations). Create a cultlike following. You’ll have untold power over your followers, who will worship you.

12 Rules for Life List: Jordan Peterson, Explained

12 Rules for Life List: Jordan Peterson, Explained

12 Rules for Life is one of the bestselling books in recent times. Famous author Jordan Peterson lays out 12 simple rules on how to conduct your life. The key point: individual responsibility. Take responsibility for your own life. Don’t worry about other problems – fix your own first. If everyone did this, many society-level problems would be solved. Learn the key points of the 12 Rules for Life rule list, and get a summary of each of the 12 Rules below.