Phil Knight Made A Pair Of Nikes Just For Stephen

The co-founder and chairman of Nike talks about the history of his sneakers and presents Stephen with his own Col-pair.
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Stephen Colbert took over as host of The Late Show on Tuesday, Sept. 8, 2015. Colbert is best known for his work as a television host, writer, actor, and producer, and best known for his charity work teaching English as a second language on Tunisian date farms. Prior to joining the CBS family -- and being officially adopted by network president Les Moonves -- Colbert helmed “The Colbert Report,” which aired nearly 1,500 episodes and required Stephen to wear nearly 1,500 different neckties. The program received two Peabody Awards, two Grammy Awards, and several unwelcome shoulder massages. It won two Emmys for Outstanding Variety Series in 2013 and 2014, both of which appear to have been lost in the move. Colbert is pronounced koʊlˈbɛər, according to Wikipedia. His understudy is William Cavanaugh, who will be hosting The Late Show approximately one third of the time. Good luck, Bill!"

[@airgregone]

"Shoe Dog " is maybe one of my favorite books because it's not like you're reading a simple autobiography it's a masterpiece because every word have been chosen wisely and it's amazing to imagine a guy from Oregon can conquering the world with the idea to convert peoples to running. I'm proud to say I love Nike till' day one but when I read the book, I love Nike even bigger and the founder at the same time ^^;)

[@brain7559]

he was not just a guy, he was a Stanford guy

[@sund5]

Its a great book. Am considering some stocks in the company, just because the story of Nike and their people is so lovely 😆👍👟

[@LunaLuna-cz7er]

I’m guessing you don’t live in Indonesia.

[@austin6794]

Highly intelligent from the beginning... 1st move to Japan set the record straight. ​@@brain7559

[@1421anoop]

I am pretty sure some of the people who have posted negative comments on Phil have never read his book.

[@carrisonli7644]

I agree. Trolls typically don't read or do research. Critical development gets in the way of easy judgment.

[@markstewart4501]

Guaranteed, if you don't read the book, magic doesn't take away the sweat shops. Corporate Capitalism Cult followers will justify their God with any lie that will stick.

[@JousefM]

Currently reading his book, what a cool dude!

[@harrisontillinghast417]

His book is amazing 👍

[@jessicaaaa3213]

A book that's full of bias.

[@Buffaloc]

I worked for Nike for five years and my memories are seeing Mr. Knight eating alone in the cafeteria and running alone in the track that surrounded Nike headquarters. Usually a CEO will have a bunch of yes men following them around. I read the book and it was very good. I gave several copies of the book to my friends and they all thought it was great.

[@gainonten4031]

it is indeed a great book. I loved it, one of my favourites

[@marccosta7376]

Imagine if this man changed his mind and abandoned the shoe idea and went into an accountant job spot. Huge impact on this live he has had.

[@peopleeatingtastyanimals5208]

Phil Knight was an accountant!…and used the money to fund Nike during the early days!

[@elabaez]

Like si viniste por holly y el reclamo de la regañada a una alumna que dijo “naiki” y su profesor decía era “naik” 🙋🏻‍♀️

[@dsantiagom98]

Total

[@dsantiagom98]

@Westley Nicolas don't be toxic

[@muzamiln.panezai4547]

pay Nisho first

[@ShadyShadok]

He looks like the lovechild of Steve Buscemi and Stan Lee.

[@ryanbeck8191]

Hahaha spot on

[@HAWXPRIDE94]

+ShadyShadok I was thinking Tim Curry and Stan Lee.

[@alextrevelian]

+ShadyShadok also known for their celebrity couple name, Leecemi

[@sergeirachmaninov8186]

ShadyShadok and the vocal chords of Tim Allen

[@JeffreyGillespie]

And yet strangely, women still throw themselves at him. I WONDER WHY.

[@vandalistica]

"It's great for you to have me on"

[@sahanddilmaghani7340]

love it, just as awkward as he says he is in the book.

[@sund5]

Haha its quite funny. Yeah he mentions some times in the book! What a cool Guy! 😎👍👟

[@dannewall9391]

Hahahahaha I love it

[@nealdesai8779]

50% Michael Caine, 50% Steve Buscemi

[@iont8172]

xD I totally see it!

[@andrewdeen1]

wow!

[@badegg7915]

that's exactly what i thought

[@sukhkarmanwalia5980]

It's good to hear him after reading his book, Nike ✔️ is not just business it's the journey of a man facing all the hurdles. As he said "The cowards never started and the weak died along the way that leaves us."

[@bobmiah]

kzbin.info/www/bejne/g2bYinaNi8uohrM and go to 15:41

[@MikkaBoii]

Shoe dog was a really special book. It's written in a way you'd not expect and the story is like something out of a movie.

[@benmou2755]

I think they going to make a shedog movie one day

[@Iamtheyamyam]

Stephen seems genuinely excited as he looks for stuff on those shoes.

[@Onlinesully]

Piplup J Of course

[@michael57603]

I'm two thirds of the way through his autobiography and it's a riveting read! He writes well, just like you are having a conversation with him. As he mentions, he got his start importing shoes from Japan as these could be produced cheaper than in the US (at that time). As for all the comments about where the shoes are made now, I can only say that companies will locate work to where it's cheapest. Not only in the shoe business. And I think their obligations are to ensure a safe working environment for the workers and to contribute to those communities. If they were forced to hire local workers, their cost base would rise to an uncompetitive level and they might become financially unviable.

[@Venom-bg8iq]

My Grandpa was a former CFO of nike from 1980 to 1986. Their offices were right next to each other’s and they quickly became friends. Phil Knight is an incredible guy and it’s amazing what he has accomplished and how many people he’s inspired.

[@devin_leary]

Does he remember the $250,000 spent on Jordan? Curious about what he thought about that. Happened in 1984 so he would've been there.

[@zeyma1998]

The creator of Nike was on his show wow that's amazing

[@anthonyvermeulen]

Imagine the owner of Nike giving you your own custom pair

[@sonesunny7632]

That last sentence from Phil killed it.

[@michaelhope8899]

Can we take a moment to applaud the band? Brilliant music as always

[@ChrisFarwell1]

Michael Hope really cuz it never actually feels tied to this type of show. It sounds more like a New Orleans street corner

[@johntatum1951]

Not a good brand.

[@thecuriousboi]

@@johntatum1951 its number one shoe brand so stfu it is a good brand

[@abderrahmanemebarki4194]

I read the book and I respect this man for perseverance and hard work to make this company successful

[@bodhifyer]

that is a powerful man sitting in that chair and i aint talkin bout stephen

[@JousefM]

What a down to earth guy he is, I love this man and his book!

[@leonardtornow647]

His book is amazing! 🙌🏻

[@eidorian101]

You love him for having his company make shoes in poor countries with kids making 50 cents an hour?

[@ilikecookies6406]

@@eidorian101 if he isn't paying money to these poor people then these jobs would not be available..then these local communities will not support their families...sometimes you need to think of the bigger picture

[@BLAZEREN101]

@@ilikecookies6406 that is the dumbest fucking shit I have ever read. They are using extortion because they live in poverty fcukhead.

[@nunyabees4150]

@@ilikecookies6406 if he paid them a liveable wage they wouldn’t be begging for crumbs from a multimillionaire. It’s exploitation plain and simple. White slave owners used the same logic to justify slavery by saying that black people and native Americans couldn’t take care of themselves. Hiring kids isn’t humanitarian. Paying their parents a fair wage so the kids can go to school and have a better future so they can break the cycle is. Your way of thinking is what perpetuates economic disparity at a global level.

[@kari3273]

No dice naik. Dice Naiki 🙃 1.49

[@amsbeats841]

Just read it for my entrepreneurship class. It's actually a pretty good book. I've heard the flack about this guy and Nike and it's interesting seeing things from his perspective.

[@torenessa6931]

01:43 Notice how he pronounces it, NIKEY, not NYKE

[@susanb4816]

phil knight didnt make those shoes any more than jefferson planted his tobacco

[@suzawilo]

+jmt12345ify Yeah,I think the children sewing the shoes applaud you😨

[@valkyone]

+jmt12345ify People like you would never understand the concept of being human.

[@IblewuponyourfaceIII]

Tinker Hatfield designed all of Nike great looking shoes

[@yvesmassaad]

he and Bowerman actually did the shoes.

[@Pernection]

Back in the 80s they almost went bankrupt. Damm

[@ranjan_v]

The book is awesome, if you are on the fence just buy/borrow it.

[@carlosflores85]

I didn't know Steve Buscemi created Nike!!! TIL

[@mateosoytuque3649]

Yo vine por hollyradio, para escuchar la pronunciación de Nike. Bueno la recomendación era para ese profesor de la universidad que regaño a la chica.

[@ricardocampos6517]

Vine por super holly

[@007mrchan]

the book was really really good

[@playbak]

500 Nike shares at the current $60 = $30,000..where's he get the million figure???

[@ja31110]

Since it was founded, there have been several stock splits. 500 shares a few decades ago would be thousands of shares today

[@destrywitt]

A beautiful man that I had the pleasure of meeting recently. He could not have been more gracious and humble as we approached him in a public setting. As a leader of one of the greatest companies in the world, he and they have done much to improve the living standards of millions of people worldwide

[@alicemills7670]

How has he improved the living standards of millions? Nike still employs sweatshops and pays poverty wages to workers in developing countries

[@johncaberton9378]

We are the late show youtube watching master race

[@yallywoodpresents...7274]

Phil Knight paid Al Gore to get him a lower tax/tariff to import shoes from Japan about a year or so after he founded Nike, so he wouldn't be taxed at a rate where he could not compete with everybody else. It took a co-sponsor, but I don't remember - it was probably a Republican along with Gore that pushed the legislation through. That tax rate was applied only to Japanese shoe imports. From that point on, businesses knew that if they wanted to grow their companies quickly from oversees imports, they would have to bribe congressmen to get lower taxes. Before that he owed millions in back taxes. The reason we have a large debt both on imports and Government debt is largely because business people in the US followed Phil Knights strategy for gaining success. Nike has not really ever manufactured any of the products it sells - they are more a design and advertising firm by choice.Thought you should know who was ground zero for the economic problems we are facing today. Except for a waffle shoe pattern, the most revolutionary thing Phil Knight accomplished, was duping poor people into buying overpriced athletic shoes by hiring top athletes to become shoe salesmen. When I see Nike on anyone these days, I think poor person paid a fortune for $10 sneakers, and doesn't even know why. And I am always too polite to bring up what I think around Nike lovers, because no one likes to think that they are gullible and easily manipulated by advertising.What a change in attitudes between Democrats and Republicans. Democrats AND Republicans are now more tied into Wall Street than Main Street. It is surprising that an independent socialist from Vermont, Bernie Sanders and a capitalist millionaire out of New York and New Jersey, Donald Trump are more closely aligned to the needs, wants, and general feeling of the working class in America than the parties they represent.

[@Bleublaze]

Okay but he literally changed the world

[@Bleublaze]

Yallywood Presents ... youre a bit

[@jaisonthomas2411]

Just finished reading shoe dog. It feels more like a novel than an autobio!

[@jumpyjump90]

Can´t decide if this was more like an ad or an infomercial.

[@metabeard3788]

+Jumpstar Nearly every guest on the show is promoting their book or movie or album or whatever. All of this is more or less an infomercial, haha

[@jumpyjump90]

+Metabeard I know. It´s just that this... whatever it was... was so on awkward and on the nose. :(

[@Nectarios07]

+Jumpstar smart advertising, Nike generally is good at that

[@saucybackport]

+Jumpstar literally every colbert's show is awkward and on the nose - he is catholic for fucks sake

[@user-gw6pv2ry5c]

Made in Anywhere but first world countries

[@prigglet1]

+Dank Meme Lord Actually, no: manufacturingmap.nikeinc.com/

[@bonkekunene5910]

are these manufacturers open to other people who want to start their own brands?

[@prigglet1]

You probably need to contact the manufacturers directly to find out.

[@jutco]

Stephen genuinely looked really happy which made me really happy

[@jessxx4514]

So I’m the only one here to find out how to really say Nike.?

[@alexa-bp9eb]

Me too

[@HaMMaKiinG]

Jess Xx how does even the founder say it wrong tho? smh

[@LunaLuna-cz7er]

If only he cared about his employees in Indonesia.

[@ryanguardalabene7849]

He gave me Cortez I said garcias

[@Crazmuss]

Thanks for this 5 minutes long ad.

[@ricardocampos6517]

I’m here because of SuperHolly

[@MrRedpaul84]

Why don’t you ask him about the sweatshops in Indonesia?? People living in concrete boxes making 20 cents per hour?

[@jjz3397]

What's wrong with his eyes? He seems like crying all the time.

[@Mr.Gundam7]

I think allergies,depression or stress. Billionaire people like him has to much stress and depressions. Mostly famous people suffer from depression cuz alot of stress.

[@zeyma1998]

His shoes lowkey look like addidas from the side 😂

[@gewurztramina]

That was a very thoughtful and beautiful gift. So sweet 🥰

[@iglooo102videos]

Looks like a great pair.The normal Presto sell for $215. I wonder how much would Stephen's fetch?

[@conor8629]

Well I mean they're 1-of-1 made for a celebrity, so it'd be up there.

[@kappaross6124]

+iglooo102 I'd pay good money for this.

[@aubreygraham1704]

Where tf are you buying Prestos?

[@bradstewart2977]

Prestos are barely $120 you are getting ripped off if you pay $215!

[@renaissancemen1]

+Brad Stewart you're getting ripped off paying $120

[@ryancaton6741]

Good guy but nike shoes suck

[@mrbass093]

Nike Sweatshops....

[@Detroit_Siggy.]

ITS THE SHOES BITCH...KOBE..JORDAN..LEBRON. .NADAL..FEDERER. .RONALDO..WESTBROOK..KYRIE..kD..GRONK..ODELL THURMAN..JASON DAY..RORY...SERENA WILLIAMS!! THE BEST WEAR THE BEST!

[@RayfilWong]

I loved the book. Should Phil's GRIT + passion for running. - - Asian Food Nerd 🎯

[@muzamiln.panezai4547]

pay Nisho first

[@luesmaster]

Just finished reading the book... I have a new respect for Phil. I'm a fan now!

[@muzamiln.panezai4547]

pay Nisho first

[@wheelmanstan]

hey look it's a billionaire that pays kids a dollar a day to make shoes in unsafe conditions, every clap and promise to mourn him when he dies

[@D34N6232]

Didn't know Michael Cain did meth... that's a shame

[@CyanCooper]

+D34N6232 LMAO top comment

[@Juanperezeperese]

I just came to see if he said nike or nikey. He disappointed me, he said nikey. Shoutout to all the NAIK gang out there. Someday they’ll understand

[@stiviankostadinov3406]

Just finished that book. Made me love the guy, the brand, every single guy of the top-management. A high quality insight of a great entrepenarial adventure, from a rare perspective.

[@Loganstonez]

lol at the salt shaker thing. Is it the same as the thing I heard from my great grandparents? To catch a bird you have to get close enough to sprinkle salt on its tail? I haven't thought about that in years.

[@budhadityasanyal9097]

That is one of the greatest gifts you could ever get !!!

[@nguyenanhtuan196941]

Nike Rules The World

[@Andrews2490]

That's a really nice shoe design. I hope Stephen wears it.

[@scott8888m]

30 Billion Dollar Company.....how many shoes are made in North America ?

[@lineoarlow5120]

Lol Stephen had the excitement of a 6 year old when the box was being opened 😊

[@drumr828]

I was just thinking... I bet a guy could hang himself with those shoelaces. Dont forget to add like subscribe!

[@comnique939]

+JuhnaNemiko I think he is

[@drumr828]

so no matter what I say if I put add like subscribe at the end of a sentence its now an ad for my channel? Shits so dope. We got a couple geniuses over here people

[@drumr828]

wait..Are you advertising your channel through a comment on Colbert's video? I was asking because your joke is terrible.

[@drumr828]

no Im looking for a rock to bash your head on so I can save the world again. I will rule the chimpanzee universe with my septor of cool. Bow down before my greatness and kiss my hairy shins.

[@drumr828]

"Why did JuhnaNemiko cross the road? To suck as much dick as possible." Dont forget to like, share, subscribe, favorite, add, watch in full screen, spay and neuter your pets, adopt a small hungry baby, destroy all humans

[@hchippa]

the shoe has gotta have something tolkien / LOTR related, right??

[@randikae13]

He’s my uncle

[@meandmrrogers8696]

Nike, those most over priced shoes you don't need. Throw a name on it and people pay anything. I like Stephens though.

[@mahatmagandhiful]

Was I the only one expecting him to hand over two nukes at first glance?

[@moodyqueenqueen]

That’s such a meaningful gift

[@vaibhavgupta20]

he doesn't punch card when billionaires comes on the show.

[@AizawlVlogs]

Me looking real close what pair of shoes he is wearing 😂

[@IblewuponyourfaceIII]

so let me get this straight Phil Knight started a shoe company with a 1)$1000, 500 which was given to him by his Running coach 2)It was the Running coach's idea to use the waffet iron to mold the rubber sole of the bottom of the running shoe 3)Manufactured with the help of the Tiger shoe company in Japan 4)the name "Nike" was the idea of an employee 5)The Nike Swoosh was designed by a Girl who he only paid $2 an hour & gave her 500 shares of stock 6)It was Tinker Hatfield who designed all of the great looking shoes at Nike(Air Max), including Air Jordan's (3-14) 7)it was Sonny who told Phil & Nike to invest in Michael Jordan when Phil thought it was ridiculous idea because the contract was too expensive 8)Tinker Hatfield's idea to use the visible air bubble in the shoes conclusion: Basically Phil Knight just stood there and watched himself get lucky as fuck

[@luistineo9551]

Ya people be saying mad bullshit but....ya be buying the fucking shoe...wow

[@VibeSphere-007]

I will definitely read this book. Afterall Bill and Warren both praised about the book. Phil is such a remarkable entrepreneur, he has created a global brand. I think every single person on this planet has heard about "Nike". Their may be many entrepreneurs but only handful of people who are really successful in creating such a powerful global brand.

[@ivankardum87]

500 shares and they are worth a million dollars, how? 1 stock is now 124$, means she have 62.000$. Did I miss something?

[@danielzaiser]

500 stocks, $90 per stock = $1m dollar, i think his math checks out

[@jasondavis1460]

The woman who designed the swoosh got screwed

[@onemanshow4116]

uh...no

[@jamnana2235]

+Jason Davis Pretty damn decent earnings for half a week's work.

[@dporiua]

+Jason Davis She got 500 Nike shares ...

[@onemanshow4116]

***** LOL... the logo did not make Nike profitable. She got paid to design a logo for a fledgling company. My sister paid a graphic design artist to design a logo for her company too. I promise you that my sister did not pay more than $500.

[@JonathanBurnett]

+Jason Davis You obviously don't understand how intellectual property agreements work..

[@stevekwan8232]

Can't get on board who espouse equity and fairness tries to peddle 200 dollar sneakers to poor kids and turns a blind eye to human rights issues overseas to make a buck but jumps all over any issues in america

[@stuliw272]

Praise slumlord Phil knight those Indonesians don't have it that bad if they skip a few meals a week and save diligently in a few years they might even have enough to buy a copy of his book

[@tylerlewis3856]

Another throwback to the old show was "Truthiness," which was featured on the first segment of "The Word."

[@CyrilSamuelRules]

He was once the most hated boss in USA.

[@Onlinesully]

Cyril didn't realize that

[@fracturedreality88]

He made a shoe that was good ..and then fooled everyone into thinking it was a "better" shoe for ever after that. Congrats for creating then selling out.

[@fadol6041]

is he crying ?

[@cooldrop02]

why did people clap when he said that woman only just reached $1 million dollars for creating one of the most iconic corporate symbols ever created?

[@geetar240]

it's a million dollars for each of 500 stocks

[@cooldrop02]

He didn't say that. Also a single Nike stock isn't worth $1 million.

[@geetar240]

yeah, I was wrong. The woman is Carolyn Davidson and those 500 stocks are altogether worth around a milion dollars which seems awfully little

[@cooldrop02]

Yeah. It's disappointing man. He sits there and presents it like he did her the best solid in the world.

[@bobmarchenko]

I was in Beijing last year . It was my birthday and I went to bookstore and ask God to give me good book present, long time I stood there and try to choose and eventually i saw big swoosh and Bill with Warren suggest to read it and I bought it . I always wear Nike but never know story about them and this book just opened so many interesting facts about this company , now this is my favorite book and I just was curious how he looks and come here to watch . Nice book highly recommend to read !

[@sherylprewitt3996]

Nike used to be good shoes with good arch, would last forever. Now cheap shoes at grossly inflated prices, arch sucks and shoes don't last at all!

[@dudove1]

my air max's lasted 4 years, and I'm still wearing them.

[@martinaee]

+Sheryl Prewitt I got a pair of Asics and will never go back

[@lukmaanwooldrige4234]

Nike is to leave them to conducting a fatigue of a fashion statement by #4 ways to be shining

[@jman360co]

yh great guy, u know slaving little childern for american goods that are used for 6 months

[@rockoutkids]

those banned jordans he's referring to were the black and reds correct?

[@joeliscandrella8336]

+Maxwell all black and red, no white.

[@uptimusprime7643]

Omg the actual creator of nike 😀😀😀😀😀😀😀😀😭😭

[@youthgonewild]

1:47 her name is Carolyn Davidson. Jesus! Not that hard to give her credit, is it?

[@waynesworld686]

Why do billionaire look more likeable compared to this millionaire rappers

[@jjz3397]

500 shares worth 1 million dollars? When Nike hits 2000 dollar a share?

[@StrykerZeals]

How do you catch a bird with a salt shaker?

[@mpxz999]

Stephen has the coolest, most interesting guests! Now I want that book!

[@captainsparkle-fingers2744]

How cool is that!! Custom Nikes👍👍

[@elhijodeldiablo6665]

Phil seems a nice guy

[@GreatValueBleach]

filiberto Rodriguez tell that to the 700,000 child laborers that are missing out on school and breathing toxic fumes

[@willduke4733]

Clorox Bleach if american companies don’t outsource their manufacture those kids would be on the street begging , none of those options are ideal but it is the responsibility of foreign countries to restrict child labor and provide basic needs for their citizens. Cheap labor is the result of a poor economy.

[@eidorian101]

@@willduke4733 So what about our workers in the streets begging? When did it become to care about other countries before ours? You know what happens in those other countries when people get have jobs, they start a revolution and overthrow their government.

[@naknampoochoutlaw641]

Why he is tearing up?

[@breakalime]

+kupal kaba He high AF

[@NorrisSaiyan]

Problem with old age and bad tear ducts etc

[@Poopiesnoopies]

Stephen has horrible breath

[@TheZooropaBaby]

+kupal kaba thinking about all the kids forced to make shoes by Nike.

[@annerchisline9641]

+kupal kaba macular degeneration

[@Stevie8654]

Phil Knight didn't make those shoes. Some Chinese kid made them.