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#109 Adi Dassler (Adidas)

#109 Adi Dassler (Adidas)

FromFounders


#109 Adi Dassler (Adidas)

FromFounders

ratings:
Length:
73 minutes
Released:
Feb 3, 2020
Format:
Podcast episode

Description

What I learned from reading Sneaker Wars: The Enemy Brothers Who Founded Adidas and Puma and The Family Feud That Forever Changed The Business of Sports by Barbara Smit.This story begins at a time in history when money and sports were still two separate worlds [0:01]A family business struggling to survive / drafted into WWI / Adi Dassler’s EXTREME resourcefulness and personality / [3:15]Early distribution and marketing of sports shoes [10:06]The Dassler Brothers were opposites: Adi was the quiet craftsman with soul in the game. Rudolf was ostentatious and loud. [12:46]The chronicle and biography of Adi Dassler: A story about someone obsessed with making high quality products [14:00]Was Adi Dassler a Nazi? / My experience with the totalitarianism of the Castro regime / tearing up thinking of having to risk the lives of your children [24:30]Adi Dassler reminds me of Henry Royce [29:30]The difficulties of building a business during World War II [32:15]Adi starting over at the age of 46 / How the Adidas stripes came about [38:15]Athletes start requesting bribes to wear Adidas / How the payoffs happened [46:00]Breaking into a new market was a slow, labor intensive process [50:45]While Adidas and Puma are distracted fighting each other, opportunity opens up for Phil Knight and Nike / pursue your crazy idea / famous last words: “it’s just a toy”, “jogging isn’t a real sport”, “Nike is not a threat because we have more demand than we could service” [55:05]If you have a business that makes you miserable, somewhere along the line you lost the plot. [1:06:45]—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
Released:
Feb 3, 2020
Format:
Podcast episode

Titles in the series (100)

Learn from history's greatest entrepreneurs. Every week I read a biography of an entrepreneur and find ideas you can use in your work. This quote explains why: "There are thousands of years of history in which lots and lots of very smart people worked very hard and ran all types of experiments on how to create new businesses, invent new technology, new ways to manage etc. They ran these experiments throughout their entire lives. At some point, somebody put these lessons down in a book. For very little money and a few hours of time, you can learn from someone’s accumulated experience. There is so much more to learn from the past than we often realize. You could productively spend your time reading experiences of great people who have come before and you learn every time." —Marc Andreessen