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11 episodes with jim mckelvey
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4 episodes with jim mckelvey
2 episodes with jim mckelvey
4 episodes with jim mckelvey
2 episodes with jim mckelvey
2 episodes with jim mckelvey
2 episodes with jim mckelvey
In this remarkable episode of Unmistakable Creative, we have the pleasure of hosting the brilliant entrepreneur and innovator, Jim McKelvey. Prepare to be inspired as McKelvey shares his insights on building an unbeatable business one crazy idea at a time.McKelvey, the co-founder of Square, one of the world's leading payment processing companies, takes us on his entrepreneurial journey. From starting his first business in his dorm room to co-founding Square with Jack Dorsey, McKelvey offers invaluable lessons on creativity, problem-solving, and building a successful business from the ground up.Through captivating anecdotes and practical advice, McKelvey shows that embracing wild and unconventional ideas can lead to groundbreaking innovation. This episode is not just about business success; it's about embracing failure, taking risks, and persevering in the face of challenges.Listeners will gain insights into the mindset of a visionary entrepreneur and learn how to navigate the ever-changing landscape of business. Whether you're an aspiring entrepreneur or a seasoned business owner, this episode offers a wealth of wisdom and inspiration to fuel your entrepreneurial journey.Don't miss this episode to learn from one of the most accomplished entrepreneurs of our time. Gain insights that could transform your approach to business and discover the secrets of building an unbeatable business one crazy idea at a time with Jim McKelvey. Subscribe for ad-free interviews and bonus episodes https://plus.acast.com/s/the-unmistakable-creative-podcast. Hosted on Acast. See acast.com/privacy for more information.
Jim McKelvey, best known for co-founding multi-billion dollar company Square, joined the stage at Giant Ideas to talk about moving the needle of drug discovery.McKelvey co-founded Square with Twitter co-founder Jack Dorsey in 2009, and it became a revolutionary payment processing company, allowing small businesses to accept credit card payments via a simple mobile device. The company is now worth a multi-billion dollar valuation, with the card payment design even featured in the Museum of Modern Art.Jim is a true renaissance man. He's a philanthropist, donating $15 million to the Washington University to build a new computer science and engineering building named after his father. He's also an accomplished glassblower. He has his own glass art studio and gallery. Since founding Square he has built Invisibly - a company seeking to allow consumers to profit from their online data - and is now exploring how to transform drug discovery.Losing his mother in his twenties created a drive for Jim to act. It also made him want to tackle the issue of Eroom's law: the observation that drug discovery is becoming slower and more expensive over time. In this talk he talks about the issues with drug discovery, why smart people are getting bad answers, and how he wants to solve this issue.This talk was recorded live at our Giant Ideas event at the Tate Modern earlier this year. Hosted on Acast. See acast.com/privacy for more information.
One day, John R. Miles came home from the gym to find an intruder pointing his own gun at him. Days later, a close friend's suicide further shattered his world. These traumatic events forced John into deep introspection and a transformative life change. Emerging stronger, he founded the Passion Struck movement to help others find fulfillment, just as he did. In this episode, John offers actionable advice on transforming adversity into purpose and living a passion-driven life. John R. Miles is a bestselling author, keynote speaker, and host of the Passion Struck podcast. With experience in the U.S. Navy and Fortune 50 executive roles, John offers real-world insights into personal growth and self-leadership. In this episode, Hala and John will discuss: - What it means to be passion-struck - How traumatic events can lead to big changes - Reinventing yourself in different stages of your career - Strategies for overcoming trauma and finding purpose - Aligning your daily actions with your long-term goals - Why values are important for personal growth - Moving from a corporate job to entrepreneurship - Lessons from military service applied to business - The impact of deep thinking on life choices - Practical steps to pursue your ideal self - Balancing short-term actions with long-term vision - How to avoid feeling stuck in life - And other topics… John R. Miles is a bestselling author, keynote speaker, and entrepreneur dedicated to helping people live passion-driven lives. He hosts Passion Struck, a popular podcast and national radio show known for its profound insights into behavior change, health and wellness, and self-leadership. Before his current ventures, John served in the U.S. Navy and held senior executive roles at Fortune 50 companies like Lowe's and Dell. His latest book, Passion Struck, provides a science-based roadmap for personal growth and fulfillment. Connect With John: John's Website: https://johnrmiles.com/ John's LinkedIn: https://www.linkedin.com/in/milesjohn/ John's Twitter: https://x.com/John_RMiles John's Instagram: https://www.instagram.com/john_r_miles/ John's Facebook: https://www.facebook.com/johnrmiles.c0m John's YouTube: https://www.youtube.com/c/johnrmiles John's Podcast, Passion Struck: https://podcasts.apple.com/us/podcast/passion-struck-with-john-r-miles/id1553279283 Resources Mentioned: John's Book, Passion Struck: Twelve Powerful Principles to Unlock Your Purpose and Ignite Your Most Intentional Life: https://www.amazon.com/Passion-Struck-Powerful-Principles-Intentional/dp/B0C8G5R5FZ The Gap and The Gain: The High Achievers' Guide to Happiness, Confidence, and Success by Benjamin Hardy: https://www.amazon.com/Gap-Gain-Achievers-Happiness-Confidence/dp/1401964362 The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time by Jim McKelvey: https://www.amazon.com/Innovation-Stack-Building-Unbeatable-Business/dp/0593086732 LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast' for 30% off at yapmedia.io/course. Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Indeed - Get a $75 job credit at indeed.com/profiting BetterHelp - Sign up for a webinar on mental health for entrepreneurs presented by BetterHelp at https://us06web.zoom.us/webinar/register/8617213361628/WN_Kz-vBbxtSfSj_dUBywS8OA More About Young and Profiting Download Transcripts - youngandprofiting.com Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala Learn more about YAP Media's Services - yapmedia.io/
In this episode, the founder of General Provision, a co-working space and South Florida's largest community of founders, makers, and creatives gather, Tim Hasse is with me to discuss the power of community building through and the benefits of a shared working environment. He further discusses how co-working spaces foster creativity, collaboration and productivity as well. Tim shares insights on the community aspects of co-working and how it can lead to valuable connections, hospitality and network opportunities as well. I hope you all will gain a deeper understanding of the power of working around others in a co-working space and how it can positively impact you to a balanced work experience. In This Episode: [00:20] Introducing Tim Hasse [03:00] How it all started. The co- working space. [07:45] The impact. [12:45] Struggles and challenges. [24:00] Community building. [33:45] Tips for people looking for co-working space. Guest Link and References: Website: http://generalprovision.com , 7 day trial Instagram: https://www.instagram.com/gen_provision Linkedin: https://www.linkedin.com/in/timhasse/ Twitter: tim_hasse Book Reference: The Innovation Stack by Jim McKelvey Links and References: Wizards of Amazon: https://www.wizardsofecom.com/ Wizards of Amazon Courses: www.wizardsofecom.com/academy Wizards of Amazon Meetup: https://www.meetup.com/South-Florida-FBA/ Wizards of Amazon on Facebook: https://www.facebook.com/groups/WizardsofAmazon/ Wizards of Amazon on Instagram: https://www.instagram.com/wizardsofecom/
Welcome to this new episode of Explore!
Charlie Munger talks about the Latticework of Mental Models and how having exposure to many different disciplines helps gain insight into problems. Key to connecting different disciplines though, is the metaphor. This week, on The Synopsis, we talk about our two Piton Network business philosophy pieces. The Piton Network is our attempt to create a metaphor that furthers investors and analysts understanding of business and strategy. Our first memo is The Piton Network: Decisions that Simultaneously Support and Limit the Future Decision Space. You can read it here. Our second memo is Meta-Optimizations: Knowing When a Business is Operating from Strength or Weakness. You can read it here. -*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) Intro (1:00) What is a Piton (4:21) Decision Clusters, Southwest (11:03) Floor & Decor, Copy Cats, Lowes (17:53) Amazon vs Wal-Mart delivery (20:22) Jim McKelvey's Innovation Stack, Square vs Amazon (24:37) Pulling Out Pitons, Netflix (32:28) Ford vs Tesla, Complexity, Piton Network vs Value Network (43:35) Value of Metaphor -*-*-*-*-*-*-*-*-*-*- Become a Speedwell Member here to gain access to all of our in-depth research reports: https://speedwellresearch.com/subscribe/ Sign up for Speedwell's free newsletter: https://www.speedwellmemos.com Mentioned Links: Speedwell's First Consumer Hierarchy of Preferences Memo Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Please see our full disclaimers here: https://speedwellresearch.com/disclaimer/
How do you find your new idea?What does it take to attract a team of true believers?And what does glass-blowing have to do with entrepreneurship? Hint: the key is timing.All of these questions are answered in my newest episode of From Start-Up to Grown-Up with Jim McKelvey, the Co-Founder of Block (previously known as Square)!Jim McKelvey is best known for co-founding Square, now called Block. He also founded LaunchCode.org, which has provided free training and jobs for thousands of aspiring programmers. He is the former Chair of the St. Louis Federal Reserve and a trustee of Washington University. Jim is also an artist/designer. Art of Fire is the world's top textbook on glassblowing and his industrial designs are in both the Smithsonian and Museum of Modern Art. He co-founded Third Degree Glass Factory, one of the top centers for glass artwork. He is currently working on a plastic-free diaper. Jim's book, The Innovation Stack, explains how industry-creating innovations actually happen.Learn more about Block | Websitehttps://block.xyz/Connect with Alisa! Follow Alisa Cohn on Instagram: @alisacohn Twitter: @alisacohn Facebook: facebook.com/alisa.cohn LinkedIn: https://www.linkedin.com/in/alisacohn/ Website: http://www.alisacohn.com Download her 5 scripts for delicate conversations (and 1 to make your life better) Grab a copy of From Start-Up to Grown-Up by Alisa Cohn from AmazonLove the show? Subscribe, Rate, Review, Like, and Share!
?? Tune in to this week's episode of The James Altucher Show, where James and his producer, Jay Yow, dive deep into the fascinating world of decision-making methodologies and the formula for happiness! ??Are you tired of feeling overwhelmed when making decisions, big or small? Join James and Jay as they explore the art of making good choices, breaking them down into short-term and long-term categories. Discover how even seemingly mundane decisions, such as selecting a food brand or choosing your daily outfit, can impact your life and happiness.?? Uncover the secret to happiness as James and Jay reveal the importance of aligning your expectations with reality. Find out how managing your expectations can lead to a more fulfilling and contented life.?? Ready to break free from conventional norms? James and Jay explore innovative ways of creating original and derivative content that pushes boundaries and goes beyond the ordinary. Discover the power of Combination, Subtraction, and Substitution methods to unleash your creative potential.?? Dreaming of starting your own business? James provides invaluable insights into three different models for entrepreneurial success. Dive into the "Jim McKelvey" model, the "Access Economy" model, and Matt Ridley's thought-provoking "Humans vs. Data" model. Explore their unique approaches to business and gain inspiration for your entrepreneurial journey.Don't miss out on this thought-provoking episode of The James Altucher Show, packed with practical advice, expert insights, and mind-expanding discussions. Download now and embark on a path toward better decision-making and greater happiness! ????-----------What to write and publish a book in 30 days? Go to JamesAltucherShow.com/writing to join James' writing intensive!What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn
I decided to release a special bonus episode during my season break because this one is very special. If you've ever ventured into growing a business, you understand the daunting learning curve it presents. When you gaze upon thriving, large-scale companies, their journey to success can seem like an enigma. That's why I'm incredibly thrilled to have had the opportunity to speak with the influential Tiffani Bova. Tiffani is a renowned expert in driving substantial growth for major corporations such as Microsoft, IBM, and Salesforce. Her business growth philosophy is truly remarkable: “The fastest way to get customers to love your brand is to get employees to love their job.” This concept is truly eye-opening, and I can't wait for you to absorb her wisdom in this episode. Tiffani Bova holds the esteemed position of Global Growth Evangelist at Salesforce and has authored the remarkable book 'The Experience Mindset: Changing the Way You Think About Growth.' Her previous book, 'Growth IQ,' achieved tremendous success as a Wall Street Journal bestseller and has been translated into 10 languages. Tiffani's expertise has earned her a spot on the prestigious Thinkers50 list of the world's foremost management thinkers. She has made appearances on esteemed platforms such as MSNBC, Bloomberg, BNN Bloomberg, Cheddar News, and Yahoo! Finance. Additionally, Tiffani frequently shares her insights in publications including Harvard Business Review, Forbes, Entrepreneur, Diginomica, Quora, Thrive, Rotman Journal, and Duke Dialogue Review. Tiffani also hosts the highly acclaimed podcast 'What's Next! with Tiffani Bova,' which has received top rankings from both Top Sales Magazine and iTunes in the Management category. On her podcast, Tiffani has engaged in enlightening conversations with thought leaders such as Arianna Huffington, Dan Pink, Seth Godin, Tom Peters, Marshall Goldsmith, Roger Martin, Keith Ferrazzi, Best Buy CEO Hubert Joly, Ritz Carlton CEO Horst Schulze, Square co-founder Jim McKelvey, and Medtronic CEO Bill George, among other notable personalities. Tiffani has established herself as a prominent Twitter and LinkedIn influencer, particularly in the domains of Business Growth, Customer Experience, Digital Transformation, the Future of Work, and Sales. Her LinkedIn profile boasts over 43,000 followers, and she was recognized as a LinkedIn Top Sales Expert to follow from 2018 to 2022. She has been honored as one of Inc. Magazine's 37 Sales Experts You Need to Follow on Twitter, acknowledged as a Top 100 Women in Tech, listed as a Brand Quarterly Magazine Top 50 Marketing Thought Leader, and recognized by the National Diversity Council as one of the most Powerful and Influential Women in California. In this episode, Tiffani imparts incredible insights on growing your business by prioritizing your team's well-being. She delves into effective methods of measuring growth, leading people, and persevering through challenges. Here's a glimpse of what you'll learn in this episode: 1. The role athletics played in shaping Tiffani's career path (6:12) 2. Lessons Tiffani garnered from her first book, which aided in the creation of her latest work (18:44) 3. Tiffani's approach to measuring growth within her own business (26:29) 4. The crucial connection between running a successful business and prioritizing employee experience (33:11) 5. How Tiffani developed her people management skills through active engagement and observation." Join us for this episode and expand your knowledge! After listening, share it with your friends and post about it on Instagram and tag us both @amberlylagomotivation and @tiffani_bova. Don't forget to spread the word and let others know about what you've learned! Follow Tiffani: Facebook Instagram Twitter Website Links mentioned in this episode: The Experience Mindset book Tom Peters books If you are ready to leave your mark by discovering your message and sharing it with the world, you've come to the right place!! Let's work together to build your influence, your impact, and your income! Join the tribe you have been waiting for to activate your highest potential and live the life you deserve! Join the "Unstoppable Life Mastermind!" and let us know you are ready for greatness! Read the "True Grit and Grace" book here and learn how you can turn tragedy into triumph! Thank you for joining us on the True, Grit, & Grace Podcast! If you find value in today's episode, don't forget to share the show with your friends and tap that subscribe button so you don't miss an episode! You can also head over to amberlylago.com to join my newsletter and access free downloadable resources that can help you elevate your life, business, and relationships! Want to see the behind-the-scenes and keep the conversation going? Head over to Instagram @amberlylagomotivation! Audible @True-Grit-and-Grace-Audiobook Website @amberlylago.com Instagram @amberlylagomotivation Facebook @AmberlyLagoSpeaker
Time- and money-based targets don't always serve the purpose we intend. In fact, sometimes, they actively work against us. Today we're spelunking into a few related principles like Goodhart's Law, The Cobra Effect, and why vanity metrics are often no more than a hungry ghost lurking in the shadows of your business. I couldn't resist sprinkling pop culture clips throughout to illustrate these concepts, so I hope you enjoy the ride :)
William Gibson famously observed. The future is already here. It's just not evenly distributed. If you are an irrigation professional, old or new, who designs, installs or maintains high end residential, commercial, or municipal properties, And you want to use technology to improve your business, to get a leg up on your competition, even if you're an old school irrigator from the days of hydraulic systems, this show is for you. This is Andy. Welcome back to the Sprinkler Nerd Show. This is episode one 19 and it's gonna be a kind of brief episode, but I'm actually excited to share what I've been thinking about the last couple days because I think I may have been wrong about something. Well, Maybe not wrong. I, I just may have changed my mind on something again based on new information. So if you've been listening to this podcast, you know that I love to question what I think I know and I love to hear. Maybe not other opinions, let's say. Well, sure you could say other opinions, but I love to look at different angles on things. And I want you to, if you haven't listened to episode 90, I want you to lip listen to episode 90 because it's about, My thoughts on becoming a pioneer and in episode 90 I talked about how I used to think that being a pioneer was the goal as an entrepreneur. The goal of an entrepreneur is to pioneer new territory, right? Go out there and pioneer something. And I heard a quote from Howard Schultz, who's the former, well, he may still be the ceo, the founder of Starbucks. And I talked about how Howard said he would not choose to be a pioneer. He would rather disrupt something. And I'm gonna play that quote for you. And my thoughts are back in episode 90. So take a listen to episode 90 and I will play the quote from Howard here in just a moment. But earlier this week I heard. A quote on the very same topic that totally contradict or countered what Howard Schultz was talking about. And uh, this person, Jim McKelvey, who was the, he co-founded Square. Uh, which I'm sure you guys know about, it's the card, you know, the little card swiper that, uh, can attach to a smartphone. He co-founded Square with Jack Dorsey, I don't know, way back in like 2006, and he wrote this book called The Innovation Stack. And if you are, Well, I, I'd say anybody would enjoy this book, but particularly if you are an entrepreneur and you were building a company, could be a service company, contracting company, could be software company. It could be product company. Really any company. This book, the innovation stack is phenomenal and. Jim McKelvey count contradicts what Howard was talking about, and Jim says that you don't ever disrupt, you don't want to disrupt the market. And so what I wanted to do today was play both of these quotes and kind of share that. I think I might have been wrong, or I'm still not sure, or maybe it depends. Maybe you could pioneer something, maybe you could disrupt something. Maybe there's another variable at play that makes both of these people right. So the first thing I want to do right now is play the quote from Howard Schultz on why you should not be a pioneer and instead be a disruptor. There's always this question about what's the best road to take? Uh, should I disrupt the category? Or should I create a new one? I would say on balance. I generally don't want to be in the pioneering business. And by that I mean it's so hard to change consumer behavior. It takes a long time, a lot of resources. And unless you have the most compelling story, idea and form factor and platform, uh, and I think. Are willing to run the long race of losing money, which is fine. Uh, I think the easier route is to disrupt a category that already exists. Uh, but there's an opportunity cuz the large companies feel as if they're entitled to it. And I love that opportunity. Where the entrepreneur can be disruptive, much more innovative than anyone else. Excellent. I hope you liked that. I hope it made sense. It probably did make sense. Now I'm gonna play the quote from Jim, which I heard just a couple days ago from the book, the Innovation Stack. If you like to listen to your books, like you listen to a podcast, go on Audible, download this book. It's so good. And the, the premise of the book, I'll just share it with you real quick, is that a company becomes, Let's say defensible and significant based on not one feature or one thing, but an entire stack of innovations that the company develops. And he uses great examples like Southwest Airlines that figured out how they could charge a rate at half the market. But in order to do that, They had to turn the plane around in 10 minutes, right? And so sometimes when you want to do something, you gotta figure out how to do something else entirely. And that that stack, that compound of innovations is called an innovation stack. And that stack of innovations is what is becomes really valuable over time. So when they started Square, there was just one innovation after another, after another, after another. That kept getting unlocked as they went to build the company, and that innovation stack is what allowed them to compete against Amazon. And Amazon rolled out a card reader shortly after they did that could certainly have put them outta business, but Amazon didn't realize all the pieces of the puzzle or all the pieces of the innovation stack that was going to be required in order to do what Square had already. Done. So I wanna share with you this quote from Jim so that you can see how it compares to what Howard just said about he'd rather be a disruptor. And what Jim says is the opposite of that. So I think this is fascinating and I hope you enjoy this Next quote, is disruption bad? Not by itself, but disruption has also never been the focus of good entrepreneurs. The entrepreneurs profiled in this book set out to build and not destroy. To focus on disruption is to look over one's shoulder into the past. But if you are trying to solve a perfect problem or expand a market, shouldn't you study that industry? No, you look at your customers, or I should say your potential customers for they do not even know your product or service is possible. William Gibson famously observed The future is already here. It's just not evenly distributed. Unfair as this situation sounds, Gibson's words contain a hopeful promise while only a few of us enjoy the latest cool thing. Eventually, the future will deliver it to us all. Who will make that delivery? Entrepreneurs distribute that future. The companies they build are not disruptors. They are market expanders for the people waiting for their slice of the future. If disruption occurs, it is merely a side effect. The focus of the entrepreneur is the people who cannot get a loan or travel or furnish their home or get paid. The focus of the entrepreneur is on the horizon beyond the wall. If we glance at the system, it is neither to copy it nor to destroy it, but simply to see how much more can be done. Holy cow. Did you guys not just hear what I heard? I'm going to read this again probably in my own words in just a moment because I also took some notes. But like I have, is it weird to say that I almost have like goosebumps or chills listening to that? It's much more compelling than, uh, than Howard's quote about being a disruptor. And I love how these, they don't really contradict each other and they might be coming from two different vantage points. So my sort of, my thought here today is not to say one is wrong or ru one is right, but to have you think. And to sort of portray or relay this information that, that I came across because I think it's super powerful. And just listening to the final part of that quote gave me kind of chills, honestly. Like the, the final quote there says, it is, this is crazy. If we glance at the system, it is neither to copy nor destroy it, but simply to see how much more can be done. Like that alone. Simply see how much more can be done. That's the goal. That's what entrepreneurs do. That's what you guys are probably doing in your own day, and if you're not, let's take a chance on it. See how much more could be. Done. And there's a, there's a middle part here that I really like also, and that is that, you know, essentially the entrepreneur's job is to distribute the future. Okay? So they start out by saying, well, only a few of us enjoy the latest cool thing. Eventually the future will deliver it to us All. Question then becomes who will make the delivery? Entrepreneurs distribute that future. The companies they build are not disruptors. Let me read that again. The companies they build are not disruptors. Take that. Howard Companies they build are not disruptors. They are market expanders for the people waiting for their slice of the future. I love that because it talks about the people, the customer. That's the most important thing, waiting for the customer, for the people waiting for their slice of the future. If disruption occurs, and this is key, it is merely a side effect. Disrupting was not the goal, it was just the side effect. Because the focus of the entrepreneur is on the people, the people that want it, the customer, the focus of the entrepreneur is on the horizon beyond. The wall man, that just gives me shivers. It's like, yeah, behind the wall. It's like as soon as you get somewhere, don't put a wall up. Let's go more. Let's go bigger. Let's figure this out. Let's see what could happen next beyond the wall. And that makes me think I should re-watch that kid's movie over the hedge. What? Hedge, what wall? It's why I can't stand the quote. You know, think outside the box because a true entrepreneur doesn't see a box. There is no box. Somebody had to say there was a box for there to be a box, but what if there was no damn box? So that's it. That's all I had today guys. I just wanted you to kind of see that I am on a daily basis, I think about what I think I know and try to understand and learn more. And back Last fall, episode number 90. I thought that disruption would be the better choice because I heard it from Howard s Schulz, and maybe he meant it through a different lens. I don't know. But now I think disruption is the byproduct. After, after listening to Jim. I think disruption is the byproduct and I think it's just at the end of the day fun to, fun to think all of these things and to see it and then to, you know, use that thought that you're maybe having right now and put it into perspective in our industry. How do the major brands, the major companies, from products to services, to software to contractors, how do they think. Right. How are they growing their business? And if you are one of them starting up, how can you position yourself with great technology, great people, a great innovation stack focused on what the customer wants and uh, yeah. That's what I have this week. Guys, thank you so much for listening. I appreciate all of you guys and uh, we'll catch you on the next episode. Happy sprinkling.
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Jim McKelvey was a glassblower when he created the idea for the payment platform Square (now Block, Inc.). He was furious that he couldn't accept certain credit cards as an artist and contacted a former colleague and Twitter co-founder Jack Dorsey to solve the problem. What took three weeks to build became a three-year journey of creating Square into a banking disruptor inspired by McKelvey's frustrations. In the 15 years since McKelvey teamed up with Dorsey, Square has grown into a billion-dollar business and beat the world's best company at absorbing startups—Amazon. Listen to Nathan and Jim discuss: Hitting it off with Dorsey when he was his summer intern Realizing how many laws they were breaking with Square Convincing the banking industry to accept Square Taking on Amazon and winning Researching unbeatable companies throughout history Why he wrote the book The Innovation Stack How to pitch a product Why it's better to copy than innovate His new foundr course Plus, excerpts from our live community event And much more innovation advice... Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode. Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs. Speak with our friendly course experts to get clarity on the next steps for your idea, business or career. You will get tailored insights from results achieved by our proven practitioners as well as thousands of students. Book a call now... For more Foundr content, follow us on your favorite platform: Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine
Square co-founder and Invisibly founder Jim McKelvey joins Ranjan Roy and Alex Kantrowitz for our weekly news recap show. We cover: 1) The state of the economy and markets 2) Fears of a credit crunch, or is it a credit tightening? 3) The state of the commercial real estate market 4) How commercial real estate's struggles impact small and regional banks 5) The decline in VC funding in Q1 6) What is 'dry powder' anyway? 7) Reflecting on Uber again 8) What is AutoGPT? 9) Regulating AI 10) Sell your data for money? 11) The Square reader's founding story 12) "Non-negotiable" expectations. ---- Enjoying Big Technology Podcast? Please rate us five stars ⭐⭐⭐⭐⭐ in your podcast app of choice. For weekly updates on the show, sign up for the pod newsletter on LinkedIn: https://www.linkedin.com/newsletters/6901970121829801984/ Questions? Feedback? Write to: bigtechnologypodcast@gmail.com
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On this episode, we talk with Jim McKelvey, Co-Founder of Square, Founder of Invisibly, and Author of “The Innovation Stack.”Jim opens with the interesting story of why he started Square. He was originally a professional glass blower and he lost a sale because he couldn't accept American Express. He teamed up with Jack Dorsey, formerly of Twitter to start Square. Eventually, Amazon tried to copy Square, which is usually a fatal attack for any small business. Surprisingly, Amazon didn't manage to kill Square and the lessons Jim learned from the experience led to him writing his book, “The Innovation Stack.”He talks about his struggles with writing the book, including hiring and firing three different ghostwriters. He ended up writing every word himself, although it took several years to complete. We also talk about his new venture, Invisibly. An app that empowers users to take control of their personal information that gets sold to marketers; resulting in the elimination of paywalls, allowing users to enjoy premium content without ads. Ready to get started with Rebar?Head to rebartechnology.com or email info@rebartechnology.com to schedule a call today. #Saas #subscriptions #subscriptionbusiness #subscriptionservice
Jim McKelvey has now started close to a dozen different for-profit and nonprofit ventures, including Square. Now he's tackling the problems we face on the internet every day, with the backing of Peter Theil as an investor. His venture has also attracted funding from other financiers like GGV Capital, Morgan Stanley, Vanguard Group, and Omega Venture Partners.
Jim McKelvey and Jack Dorsey created the payment tool Square to fix a problem small businesses had with credit card transactions. In the early days of Square, Amazon made a competing tool. For most small businesses, that usually means the beginning of the end. But not for Square. Jim and Jack did the unthinkable: they beat Amazon. Jim tells Nicole how they did it through what Jim calls Innovation Stack. Find Jim's book The Innovation Stack here: https://www.jimmckelvey.com/books/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Family members and Peachtree Corners officials are mourning the death of Debbie Mason, the wife of Mayor Mike Mason who took pride in being the "First Lady" of the city. The city announced her death on Thursday. In a Facebook post, her son, Nick, said she had been battling cancer for awhile. City officials said Debbie Mason "represented the best of Peachtree Corners." She played a key role in the creation of Peachtree Corners as the campaign chairwoman for the Peachtree Corners YES Campaign. She also served on the United Peachtree Corners Civic Association's Board of Directors. State Rep. Scott Hilton, who is a former president of the United Peachtree Corners Civic Association, called Mason a "pillar of our community." He said she was also involved in the annual Peachtree Corners festival and played an active role efforts to improve the aesthetics around the city in addition to her efforts to help get the city created. On her Facebook page, Mason identified herself as the "first First Lady of Peachtree Corners." In fact, she is the only first lady that Peachtree Corners has ever had in the 10 years since it became a city. Gov. Brian Kemp and his wife, Georgia First Lady Marty Kemp, and their daughters expressed their sympathies for the Mason family on Thursday as well. “The community theatre scene in metro Atlanta is a true community,” said Brandi Kilgore of Norcross' Lionheart Theatre. “Our theatres are constantly borrowing costumes, set pieces, and props from each other for our respective productions.” It makes sense, then, that Lionheart has offered their stage for a unique “Ten Minute Community Theatre Play Festival” which runs Jan. 13-22. The Festival will be the first production of Lionheart's 2023 season, and it promises to be a fast-paced event that will introduce theatre-goers to new artists from across the Atlanta area. Performances will be on Fridays and Saturdays at 7:30 p.m. and on Sundays at 2 p.m. All performances are at Lionheart Theatre, located at 10 College Street in Norcross. The scripts that will be performed come from a group called Merely Writers which is sponsored by Merely Players Presents, a group that gathers to hear works in development read aloud by actors. During this process, writers can hear their own words and get feedback. Lionheart Theatre Company will present “Dead Giveaway” by Daniel Guyton and “Wedding Reception Rewards Program” by Peter Dakutis. Live Arts Theatre is also a Gwinnett nonprofit arts organization. The group will perform “Bump in the Night” by John Mabey and “Speed Dating” by Nedra Roberts. Main Street Theatre hails from Tucker. The group will present “Accusations” by Steven D. Miller and “Pre-Need” by David Davis. Merely Players Presents is located in Doraville. Their two plays are “Roughing It” by Judy Klass and “Broken Hearts” by Karen Ruetz. Onstage Atlanta is located in Scottsdale. The group will perform “The Wedding Night Tweets” by Daniel Guyton. The stage manager for the festival is Janet Conant. This nine-play collection was selected to be a combination of dramas and comedies. Scripts were divided up among the five theater companies, and each theater is responsible for casting its plays and each play's direction. Gatorade announced Friday morning that Mill Creek standout Caleb Downs is the 2022-23 Gatorade Georgia Football Player of the Year. Downs, who begins classes at Alabama this month, is the first Gatorade Georgia Football Player of the Year to be chosen from Mill Creek High School. The award, which recognizes not only outstanding athletic excellence, but also high standards of academic achievement and exemplary character demonstrated on and off the field, distinguishes Downs as Georgia's best high school football player. Now a finalist for the prestigious Gatorade National Football Player of the Year award to be announced in January, Downs joins an elite alumni association of state award-winners in 12 sports, including Trevor Lawrence (2018-19 & 2016-17, Cartersville High School), Matthew Stafford (2005-06, Highland Park High School, Texas) and Emmitt Smith (1986-87, Escambia High School, Fla.). The 6-foot, 195-pound senior safety and running back led the Hawks to a 14-1 record and the Class AAAAAAA state championship this past season. Downs recorded 76 tackles and made five interceptions, returning two of them for touchdowns. Downs also rushed for 390 yards and 20 scores, including three TDs in the Hawks' 70-35 win over Carrollton High School in the state final. Ranked as the nation's No. 13 recruit in the Class of 2023 by 247Sports.com, he also had 36 receptions for 422 yards and three scores. Downs has volunteered locally with Gen50, a faith-based peer leadership group, and as a youth football coach. He has also donated his time as a member of the Mill Creek High School football leadership council and as part of local food drives. A company that specializes in nuclear fuel cell technology and consulting solutions has signed a lease for an office in Peachtree Corners. Lincoln Property Company Southeast announced NAC International signed the lease for 23,000-square-feet of space at the 2 Sun office building in Technology Park Atlanta. The 98.040-square-foot 2 Sun building was recently renovated to add campus-wide Wi-Fi internet, food delivery service for tenants and an outdoor patio. Lincoln said the northeast Atlanta submarket has outperformed other submarkets in recent years and its 15.9% vacancy rate is the lowest among major areas in metro Atlanta. Looking for a fun way to start off the new year with your kids? The Children's Museum of Atlanta has you covered as it opens a new exhibit at the end of the month. “Splash and Bubbles: Dive In, Lend a Fin!” opens on Jan. 21. The exhibit is based on the popular PBS Kids TV show, “Splash and Bubbles,” a hit animated series that encourages children to explore ocean science and marine biology through character-driven comedy. The series is co-produced by The Jim Henson Company and Herschend Entertainment Studios. According to museum officials, the new exhibit builds on kids' connections to the characters and their habitats, immersing them in a larger-than-life marine environment and introducing them to the incredible world of ocean exploration. While exploring the early childhood STEM (Science, Technology, Engineering and Math) based exhibit, children will be encouraged to build both scientific inquiry and social-emotional skills as they learn how to protect the ocean and its ecosystems, museum officials said. Ocean conservation is a key message within the exhibit, encouraging families to understand that they can create “a small ripple to help our big ocean.” Featuring a variety of hands-on exhibit components, “Splash and Bubbles: Dive In, Lend a Fin!” invites children to discover a whole new world as they navigate an under-the-sea maze in a kelp forest, explore a sunken ship that has become an artificial reef, interact with puppet characters created by Jim Henson's Creature Shop and more. The Magic House, St. Louis Children's Museum served as the creative producers for the new exhibit, created in partnership with The Jim Henson Company and Herschend Enterprises. The exhibit is made possible thanks to generous support from Tim and Elizabeth Swank, Anna and Jim McKelvey and the Graybar Foundation. Local media sponsorship is provided by the Nine Network. The exhibit will be at Children's Museum of Atlanta through April 30 and is free with museum admission. For more information, go to: childrensmuseumatlanta.org. The Gwinnett County Board of Commissioners was scheduled to appoint Commissioner Jasper Watkins III as its vice-chairman for 2023 on Tuesday. That was the way it was listed on the board's meeting agenda. Things changed during the meeting, however. When the item came up for a vote, Watkins instead nominated fellow Commissioner Ben Ku for the position. The commission then voted to affirm the choice. So, Ku will now serve as the second-in-command on the commission for the next 12 months. That means he will be the person who presides over meetings when Chairwoman Nicole Love Hendrickson is unavailable to do so. It's probably not too surprising that Watkins was not the person who ended up getting picked to serve as vice-chairman, however. The commission has traditionally rotated the vice-chairmanship between its members and Watkins was the vice-chairman in 2022. Ku, who has served on the board longer than any of his colleagues, previously served as vice-chairman in 2019. For advertising inquiries, please email j.southerland@bgadgroup.com For more information be sure to visit www.bgpodcastnetwork.com https://www.lawrencevillega.org/ https://www.foxtheatre.org/ https://guideinc.org/ https://www.psponline.com/ https://www.kiamallofga.com/ https://www.milb.com/gwinnett https://www.fernbankmuseum.org/ . See omnystudio.com/listener for privacy information.
After losing sales because he couldn't accept credit cards as a young, independent artist, this glass blower invented Square (NYSE: SQ), enabling not only his artist friends but literally millions of small business owners to process credit cards with mobile phones. Now, this remarkably humble billionaire is building his next transformational idea, all while remaining unchanged from his family-centric, Midwestern roots. In spite of his obvious success and many gifts, our latest Up2 guest is so self-deprecating, he reminds himself to, 'Shut up and try not to embarrass yourself.' ... Could just be our most meaningful conversation yet.
In a search for business mentors, Square founder Jim McKelvey looked to the past, seeking insights from three companies you are sure to have heard of. In this episode, we touch on those three companies and leave you with some business thoughts that are perfectly applicable to your life. ... Get this book here: The Innovation Stack To inquire about assemblies and speaking: Speaking Form Learn more about Spaniard School online membership: Spaniard School Purchase all your books here: Spaniard Show Reading List Get my two books here: DRIVEN, Becoming the World's Toughest Lifelong Learner Connect on social media: Instagram: @charliespaniard YouTube: Charlie "The Spaniard" Brenneman Facebook: Charlie "The Spaniard" Brenneman Twitter: @charliespaniard
I can remember the first time I heard of Square, and I can remember receiving that little white square phone attachment. How was this free? I can just swipe someone's credit card and sell a shirt? It seemed too easy to be true, revolutionary. Author/founder Jim McKelvey (and eventual Twitter founder Jack Dorsey) set out to "square up" the credit card industry, and this is how they did it. ... Get this book here: The Innovation Stack To inquire about assemblies and speaking: Speaking Form Learn more about Spaniard School online membership: Spaniard School Purchase all your books here: Spaniard Show Reading List Get my two books here: DRIVEN, Becoming the World's Toughest Lifelong Learner Connect on social media: Instagram: @charliespaniard YouTube: Charlie "The Spaniard" Brenneman Facebook: Charlie "The Spaniard" Brenneman Twitter: @charliespaniard
Instead of waiting for mass adoption before changing, why not pepper in some originality in your day? There's a difference between "original" & "originality."You have "original" down pat. Every day is a carbon copy of the day before, but what if you looked beyond today & begin to dabble in the "silent shifts." Silent shifts are habits, tendencies, and ways of doing business that is way out there, yet the market hasn't reacted to it yet. Most people "wait & see." Today you'll see and experiment; even if it fails, all it cost you is a little time. Enjoy today's episode. Help spread the word by SHARING today's episode. Watch it on YouTube. https://youtu.be/OjptknXqzzASelling is more than a profession; it is the #1 LIFE skill. Great salespeople have learned to embrace uncertainty, handle adversity, and beat complacency using 5 core skills to be RFA (Ready For Anything.) Those 5 skills are Communication, Curiosity, Creativity, Continuous learning & action, and Productive Confrontation.You don't have to be in sales to learn how to sell. I'll show you how I've applied these to every area of my life & you can too. Join marshbuice.com today....
In this episode of Fika with Rice, host Fredrik van Huynh dives deep into the philosophies of the innovation billionaire, author, and serial entrepreneur Jim McKelvey. Learn how to solve problems in a new way and do something that has never been done. It's time to innovate your mind!
There are two types of entrepreneurs: those who copy other people's businesses and those who create an entirely new market. When you disrupt an existing market, you run the risk of being lumped in with your competitors. For example, you can probably name five of your local coffee shops off the top of your head. While some entrepreneurs thrive off of copying other business ideas, the most successful businesses are the ones who solve a problem that nobody else has solved. If your business idea is completely original, then whoever needs your product will come to you because nobody else is filling that hole in the market. Over the years, Jim McKelvey has become an expert at building businesses that solve problems no one else is addressing. He has founded several groundbreaking businesses like Square and LaunchCode, both of which fill a hole in their respective markets. In this episode of YAP Classic, Hala and Jim break down the two different types of entrepreneurs. Jim tells Hala about how he met Jack Dorsey, co-founder of Square and Twitter. They also talked about why money is a weak motivator in entrepreneurship and how Jim and Jack survived an attack from Amazon. Topics Include: - The impact of his mother's suicide - Jim's relationship with social media - ‘Don't do' list - How does Jim define entrepreneurship? - Pros of copying someone - Our copy-centric world - Becoming aware of solvable problems - Why money is a weak motivator - How Jim met Jack Dorsey - Age bias - Starting Square - The Innovation Stack - Competing successfully against Amazon - Writing The Innovation Stack - And other topics… Jim McKelvey is a serial entrepreneur who co-founded Square. He also founded Invisbily, LaunchCode, and Third Degree Glass Factory. He still serves as the owner of all seven companies he started, but does not hold a leadership position at any of them. In 2017, he was appointed as an independent director of the Federal Reserve Bank of St. Louis. He's the author of three books, the most popular being The Innovation Stack, an inside look into the world of entrepreneurship that details Square's battle with Amazon. He also wrote The Birth of Baking, a graphic novel about The Bank of America's conception, and The Art of Fire, a beginner's guide to glassblowing. Sponsored By: The Jordan Harbinger Show - Check out jordanharbinger.com/start for some episode recommendations Indeed - Visit Indeed.com/YAP to start hiring now. Resources Mentioned: YAP episode #69: https://podcasts.apple.com/us/podcast/69-the-innovation-stack-with-jim-mckelvey/id1368888880?i=1000478091591 Jim's Book, The Innovation Stack: https://www.jimmckelvey.com/books/ Jim's Website: https://www.jimmckelvey.com/ Connect with Young and Profiting: Hala's LinkedIn: https://www.linkedin.com/in/htaha/ Hala's Instagram:https://www.instagram.com/yapwithhala/ Hala's Twitter: https://twitter.com/yapwithhala Clubhouse: https://www.clubhouse.com/@halataha Website: https://www.youngandprofiting.com/ Text Hala: https://youngandprofiting.co/TextHala or text “YAP” to 28046 Learn more about your ad choices. Visit podcastchoices.com/adchoices
Jim McKelvey was about to sell a piece of his glass blowing which hadn't moved from the shelf in years if it weren't for the fact that smart phones couldn't accept credit cards. This was the crazy idea that lead to him to build Square in 2009. To Jim's wonder, Square triumphed over it's behemoth competitor, Amazon. Jim studied what Square had done differently. That's when he saw it. A strategy he now calls the Innovation Stack. Discover how to become competition-proof and build an unbeatable business. Subscribe for ad-free interviews and bonus episodes https://plus.acast.com/s/the-unmistakable-creative-podcast. Hosted on Acast. See acast.com/privacy for more information.
Michael Calhoun has an exclusive conversation with St. Louis entrepreneur Jim McKelvey, of Square, Invisibly, and LaunchCode. McKelvey tells Calhoun, that Square, the big payments company had to begin in San Francisco because St. Louis didn't have the engineers
Today, I'm excited to be here with Jim McKelvey, he's the co-founder of Square along with Jack Dorsey. Square is a payment processing company that lets anyone accept credit cards. Square went public in 2015 and the company is worth over $100 billion! In December 2021, Square changed its name to Block. In 2009, Jim designed a card reader, which, in 2011, was inducted in the Museum of Modern Art. In addition to Square, Jim has founded several other companies such as Visibly, LaunchCode and Third Degree Glass Factory. And if that wasn't enough, Jim also chairs the boards of directors at the Federal Reserve Bank of St.Louis. Jim recently released his first book The “Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time.” Tune in to this episode to learn what an innovation stack is and how Square's innovation stack helped them beat Amazon as a small start up, and what other tips Jim has for our listeners. All right! Now let's start the show! Website: https://www.jimmckelvey.com/
Jeff speaks to serial entrepreneur and tech legend Jim McKelvey about entrepreneurship, his founding of ‘Square,' and his fascinating new take on innovation that emerged from that experience. Jim shares this innovation theory in his book: “Innovation Stack: Building an Unbeatable Business One Crazy Idea at a time.” Jeff and Jim also talked about his new start up “Invisibly,” Jim's loyalty to St Louis, and what it's like to work with Jack Dorsey. A long-time entrepreneur, Jim explains how he built his first software company out of the proceeds of his glass-blowing business. Jim's Square story will have you on the edge of your seat! Square wasn't just a single innovation, but instead a creative new ‘Innovation Stack' comprised of 14 interlocking and interdependent breakthroughs. Jim touches on the importance of an emotional connection with a product and why it can make sense to spend $1 on the product and $2 on the box. Enjoy a discussion with one of the innovation legends of our time!
Lauren Weinberg is the Chief Marketing and Communications Officer at Square, a payments platform aimed at small and medium businesses that allows them use their phone or tablet as a credit card reader. The brand's corporate company, Block, also owns Cash App, Spiral, TIDAL and TBD. Founded by Jack Dorsey and Jim McKelvey in 2009, Square's revenue is about $18 billion. Lauren joined Square over 5 years ago and has been CMO for about 4 years. Prior to Square, Lauren was at Nielsen, Comscore, Advertising.com, Viacom and Yahoo. Lauren is the co-author of the recent book, Self-Made Boss: Advice, Hacks, and Lessons from Small Business Owners. In this episode, Lauren goes through her journey from data and analytics to marketing. She explains how she got her colleagues on board with investing in marketing. Lauren also discusses how her book takes a look at how small business owners innovated during the pandemic.CMOs often hold one of the most innovative and challenging roles in business today. Those who excel can operate at the highest level to drive growth and create value for their organizations. To learn more how Deloitte helps bolster the value CMOs deliver, visit www.cmo.deloitte.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Today's guest is a NYT Bestselling Author, the Co-Founder of Square, the Chairman of the St Louis Federal Reserve, and a Professional Glass Blower. That's not all either. Jim McKelvey is one of the most purebred entrepreneurs we've ever met, and he's here to help us tell ourselves the truth about innovation, entrepreneurship, and how to stack your laptop on laundry baskets for a zoom call. What we discuss with Jim McKelvey:00:25 - Paul recounts how he was introduced to Jim's book, “The Innovation Stack,” and how it completely changed his perspective on entrepreneurship. Jim offers a realistic and hope filled look at entrepreneurship by creating a space where it's normal to fail often and learn from one's mistakes — a stark contrast to the beaming “checklist” culture that has been perpetuated online. 04:31 - Jim immediately disarms any nerves Paul, Kyle, and Michael might've had prior to the interview by joining from a remote cabin in Wisconsin. “Total disclosure, this is the bedroom ‘cuz it's the quietest room in the house and I've got my laptop stacked on laundry baskets.” 05:28 - Jim offers his thoughts about everything that's happening inside the retail automobile industry from his vantage point as an “outsider.”“It's really interesting. You've got some direct sales models that are breaking up dealerships, cars are lasting longer, so service is becoming a greater profit component than sales. The used car market is crazy. One of my friends runs Enterprise, so I get to hear about buying cars by the tens of thousands, and it's nuts!”08:40 - In addition to being the founder of Square, Jim is also involved deeply in the economist side of small businesses and the role they play in the economy. As the Chair of the St. Louis Federal Reserve, Jim has a unique vantage point into economic drivers and what possible impacts there may be across several industries, including automotive. He explains that automotive is a great leading indicator for the rest of the economy, albeit skewed by the last two years of the pandemic. “Does the chip shortage sort of mess up that indicator? If we could get the car, we'd buy the car, but we can't get the car so we're going to satisfy ourselves with something else.”11:54 - Is it even possible to create a predictable business formula when the last two years have provided a skewed outlook on the market? “It's driving predictable business people. Crazy. Like if you're used to following a formula and that formula's been working for 25 years, the last thing you want is what we've just lived through. And we're what we're gonna go live through. Like, it's, it's just so much change. And what I talk about a lot in the book is that there's this mindset of the entrepreneur and it's not something that's pleasant.”Listen to the full episode for more insights and context from our conversation with Jim McKelvey!⭐️ Love the podcast? Please leave us a review here — even one sentence helps! Consider including your LinkedIn or Instagram handle so we can thank you personally! We have a newsletter! ✉️ Sign up for our free and fun-to-read daily email for a quick shot of relevant news in automotive retail, media, and pop culture.
Sometimes it seems like being a jerk pays off. Society often seems to reward the leaders who don't mind stepping on others en route to the top. But if you don't want to live that way, you're among friends here and with today's guest Julien Smith. We're talking about avoiding leadership traps and creating positive boundaries in your business. More About Julien: Julien Smith is the co-founder and CEO of Practice, a business management platform for coaches. He was the co-founder of Breather, and is a New York Times bestselling author of three books. Two of these, Trust Agents and The Impact Equation, were written with Chris Brogan, and his third, The Flinch, was published with Domino Project in 2011.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
It's a good day for ASOTU because we get to spend some time on the ground and in the dirt of a real-live dealership! We're also talking about why we're spending so much time ‘slack-splaining' and what we can do to fix that. Finally, we're announcing our first speaker for ASOTU CON in September. Jim Mckelvey will be our featured keynote speaker at ASOTU CONAre we losing more time than it's worth ‘slack-splaining'? Our brains are hardwired to assume the negative. A survey by the communication platform Loom of more than 3,000 office workers found that 91% have had digital messages misunderstood or misinterpreted at work, and for 20%, the misinterpretation has caused them to get reprimanded, demoted, or even fired.Research from Grammarly and The Harris Poll found that employees spend nearly half of their workweek on written communication alone.“The shift to a more fragmented, dispersed workplace has exacerbated these challenges. As we work more asynchronously and across more channels and systems, this creates more opportunities for miscommunicationRereading or overthinking email and instant messages is taking time and impacting productivity. The same is true of having to resolve confusion after a misunderstanding or miscommunication over a digital platform. In the Grammarly poll, 76% of business leaders agree that they and their teams spend too much time and energy resolving miscommunications.…”An overreliance on emojis in the place of actual content can come off as unprofessional, disingenuous, or even juvenile. It takes time and careful observation of cultural norms within teams and organizations to find that sweet spot where they're truly useful.”Take away: Make calling or video conferencing a much earlier option to save time AND relationshipsGet the Daily Push Back email at https://www.asotu.com/Rock with us LIVE at ASOTU CON! Tickets: https://www.asotucon.comJOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/Read our most recent email at: https://www.asotu.com/media/push-back-emailShare your positive dealer stories: https://www.asotu.com/positivityASOTU Instagram: https://www.instagram.com/automotivestateoftheunion/
Finding the perfect problem is like falling in love. You can't always choose the when or the what, but when it happens, you need to be ready to take action. In the second half of this two-part episode with Jim McKelvey, author of The Innovation Stack, we dive into the ways that finding your perfect problem parallels falling in love, and why having a lot of money doesn't solve all business problems; often it creates more. More About Jim: Jim McKelvey is a glassblower, father, entrepreneur, author, aviator, computer programmer, chairman of the St. Louis Federal Reserve, and inventor, and that is just scratching the surface. As for where to connect? As he puts it, “Please don't ask me to connect on Facebook, WhatsApp or Instagram. I'm not there. I've got better things to do. And frankly, so do you.”
How can you find — and attempt the great feat of solving — your perfect problem? That's what I'm talking about today with my guest, Square co-founder Jim McKelvey. His book, The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time, is one of the funniest and most engaging business books I've read. We met at TED through our mutual friend Jon Levy, and had the great joy of recording together in person at a studio in midtown Manhattan. In the first half of this two-part episode, we delve into fending off an attack from “the perfect predator” of competition, Amazon. More About Jim: Jim McKelvey is a glassblower, father, entrepreneur, author, aviator, computer programmer, chairman of the St. Louis Federal Reserve, and inventor, and that is just scratching the surface. As for where to connect? As he puts it, “Please don't ask me to connect on Facebook, WhatsApp or Instagram. I'm not there. I've got better things to do. And frankly, so do you.” “People who want to build something new often feel they lack sufficient expertise. Their assertion is correct, but not complete. The same lack of expertise applies to everyone on the planet. Innovation has no experts.” —Jim McKelvey
It's always exciting for me to introduce another podcaster on STIMY, and today's guest has not 1, but 2 highly successful podcasts:Creator Lab: an entrepreneurship podcast & growth marketing consultancy Not Investment Advice: a weekly business podcast covering the latest in business, tech & web 3Bilal Zaidi has interviewed some of the world's best, including people like Jim Mckelvey, the billionaire co-founder of Square, Tim Urban from Wait But Why, Kat Cole, president of Athletic Greens, Daymond John from Shark Tank & Gary Vee.Beyond entrepreneurship - he's interviewed a wide range of creators ranging from Hollywood actors, Emmy-winning performers, leading writers, billionaire investors & non-profit founders. He started his first company, an e-commence business, aged 16yrs old after selling sim cards, CDs & clothes at school & also an Arsenal Review blog that racked over 500,000 views. He later spent 7.5yrs working at Google managing a $100mil+ business. After meeting the founder of leading social enterprise, charity: water, Bilal left his job to join their leadership team full time as their first ever Director of Brand Partnerships, partnering with brands like Saint Laurent, J Crew, Amazon & 100+ others to raise money & awareness for clean water. To date, charity: water has helped almost 15mil+ people get access to clean drinking water in 29 countries.Bilal is now a full time entrepreneur & creator, working on several ventures as a podcaster, consultant & investor. Highlights:3:40 Growing up in East London as a Pakistani British6:52 Being a fan of Nars the rapper7:42 Taking money seriously9:47 Starting his first company, Street Vibes, as a student12:49 Learning the art of selling from the vendors at London street markets15:24 Running an Arsenal Review website with over 500,000 readers18:44 Being headhunted by Google on LinkedIn22:14 Almost turning down the opportunity to work at Google23:25 Being seen as a drug dealer?!25:37 Spending 7.5 years at Google27:19 Shutting down a $300M company within Google29:19 Getting out of his low period32:16 Starting the Creator Lab podcast36:43 How Bilal lands amazing guests 43:49 Focus on one platform48:26 Landing podcast sponsorship deals53:05 Milestones in Bilal's podcasting journey55:30 Meeting the Winklevoss twins58:40 Interviewing Gary Vee1:05:39 Jack Butcher - going from cold DMs to close friends1:14:40 How much personality should you show?
This is Jesse Pujji and today we're breaking down Block – formerly known as Square. This software and financial services business was founded by Jack Dorsey and Jim McKelvey in 2009. It has since expanded from its first product – a payments card reader – into a $75 billion market cap with six businesses that build on the firm's mission of economic access and empowerment. Those are: Square, Cash App, Afterpay, Tidal, Spiral, and TBD. To break down Block, I'm joined by payments expert and investor at TDM Growth Partners, Hamish Corlett. We cover the common threads that have enabled Block to organically build two major ecosystems in Square and Cash App, how the recent Afterpay acquisition can strengthen the connective tissue between those businesses, and the competitive frontiers Block faces. Please enjoy this business breakdown of Block. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by Visible Alpha. The team at Visible Alpha built a platform to analyze consensus data and financial metrics on over 6,000 publicly traded companies. Rather than having to dig through models one by one, Visible Alpha extracts data from every line item across sell-side models so you can better understand expectations on metrics beyond just revenue and earnings. Try Visible Alpha for free by visiting visiblealpha.com/breakdowns ----- This episode is brought to you by Scribe. Scribe is the trusted transcription provider for the business and investing community. Scribe is designed to accurately transcribe messy, real-world audio and is unique in that it's optimized for the complexities of enterprise audio, such as company and product names, currencies, accents and numbers. Visit kensho.com/breakdowns to learn more and unlock your free trial. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss Show Notes [00:02:52] - [First question] - What is Block and what it does as a business [00:04:58] - How is Block organized, their scale, and how many merchants they serve [00:08:03] - Their founding story and the insight that lead to creating Block [00:10:49] - Major milestones in the last decade after releasing their card reader [00:13:47] - The story behind their Cash App and what it is [00:18:59] - What Afterpay is and how it creates connections for merchants [00:21:23] - Overview of the payment ecosystem and where Block fits into it [00:25:03] - The P&L of Square, its blended gross margin, and customer acquisition strategy [00:30:42] - How Cash App makes money and its P&L [00:35:54] - The balance sheet of Block and how they've stood out in a competitive space [00:38:31] - The ways their product organization allows them to move at a rapid pace [00:40:30] - How they avoid fraud that's seemingly everywhere in financial service businesses [00:42:01] - His thoughts on the competitive environment and how they're succeeding [00:47:56] - Highlights of M&A and how they reconcile them with their overall strategy [00:54:44] - Their view on Bitcoin and crypto and how it plays into Block's business [00:59:09] - Things that could happen in a macro environment to aid their future growth [01:01:30] - What could go wrong in the future and the macro environment's impact [01:03:49] - Lessons for builders and investors when studying Block's story [01:06:20] - Places to go to learn more about Block
Square co-founder Jim McKelvey is out with a new book that takes a new look at companies that try to do things in new ways. He studies several examples of people who have used new methods and ideas to upend industries and looks for commonalities between them. He tells Tristan what he found. Buy The Innovation Stack here: https://amzn.to/3LxxVv2 See omnystudio.com/listener for privacy information.
Square co-founder Jim McKelvey is out with a new book that takes a new look at companies that try to do things in new ways. He studies several examples of people who have used new methods and ideas to upend industries and looks for commonalities between them. He tells Tristan what he found. Buy The Innovation Stack here: https://amzn.to/3LxxVv2 See omnystudio.com/listener for privacy information.
Square co-founder Jim McKelvey is out with a new book that takes a new look at companies that try to do things in new ways. He studies several examples of people who have used new methods and ideas to upend industries and looks for commonalities between them. He tells Tristan what he found. Buy The Innovation Stack here: https://amzn.to/3LxxVv2 See omnystudio.com/listener for privacy information.
Square co-founder Jim McKelvey is out with a new book that takes a new look at companies that try to do things in new ways. He studies several examples of people who have used new methods and ideas to upend industries and looks for commonalities between them. He tells Tristan what he found. Buy The Innovation Stack here: https://amzn.to/3LxxVv2 See omnystudio.com/listener for privacy information.
Square co-founder Jim McKelvey is out with a new book that takes a new look at companies that try to do things in new ways. He studies several examples of people who have used new methods and ideas to upend industries and looks for commonalities between them. He tells Tristan what he found. Buy The Innovation Stack here: https://amzn.to/3LxxVv2 See omnystudio.com/listener for privacy information.
When Jim McKelvey and Jack Dorsey were building Square, they were met with legal issues, major challenges from Amazon, and more. But necessity is the mother of innovation, and anger is the fuel that kept Jim going. Hear the lessons Jim and Jack learned and where Jim thinks the world of content is headed on this episode. Tune in to learn:How did Square beat Amazon? (2:00)How did Jim and Jack Dorsey build Square? (6:00)How do you create the idiot-proof inbox? (11:00)Is a newsfeed just a digital feedlot? (15:015)Can you incentivize good content and, as a result, save journalism? (20:00)How should we think about de-centralized systems and why is it good to have rules and regulations? (25:12)What's the first step to disruption? Anger (34:00)Up Next in Commerce is brought to you by Salesforce Commerce Cloud. Learn more at salesforce.com/commerceMission.org is a media studio producing content for world-class clients. Learn more at mission.org.
Jim McKelvey is the co-founder of Square, chair of the St. Louis Fed, and founder of Invisibly. He joins Big Technology Podcast to discuss whether the Fed should still hike interest rates given the markets' slowdown and the conflict in Ukraine. Stay tuned for a discussion of how Jim tolerates risk, why he's not building his new startup on the blockchain (aka: Web3), and a preview of our SXSW featured session: The Future of The Data Economy: Putting People First, taking place March 11 in Austin.
Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
639: In this interview, Jim McKelvey, Co-Founder of Square and Founder of Invisibly, discusses the beginnings of his career and how his early experiences inspired the genesis of Square. He shares a couple key strategies that he pursued to compete with large players like Amazon and how this led to the concept of his book, The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time. Finally, Jim gives an overview of Invisibly's business, gives his perspective on the problems with the business model of existing platforms, and looks ahead at what the future holds for the company.
Bloomberg Opinion columnist Barry Ritholtz speaks with entrepreneur Jim McKelvey, author of “The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time.” McKelvey is the CEO and founder of Invisibly and (with Jack Dorsey) co-founder of Square, where he currently sits on the board of directors. McKelvey also chairs the board of directors at the Federal Reserve Bank of St. Louis. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Chris DeJong is a former US national swimmer and the Founder & President of Big Blue Swim School, one of America's fastest-growing swim school franchises. We talk about how successful entrepreneurs franchise their businesses, what diversity can do for your business, and effective time management tips for entrepreneurs. Timestamps [00:34] Chris' journey from swimming into entrepreneurship [02:59] Chris' experience with management blueprints [07:48] Why entrepreneurs need to have flexible visions [08:50] How to become ruthlessly efficient with your time [11:28] When should a process be an art, not a science? [16:15] Deep Blue Swim School and what makes it so special [19:54] How and why you need to continuously solve customer problems [22:35] Practical frameworks for getting great ideas from your team [24:49] How Chris successfully franchised his business [27:10] Why the Big Blue Swim School is such an attractive franchise [30:01] Diversity as a lever for your business [32:59] The link between diversity and business success [37:17] Parting thoughts Links and Resources Chris' LinkedIn Big Blue Swim School Website Essentialism: The Disciplined Pursuit of Less by Greg McKeown The Innovation Stack by Jim McKelvey
After talking to Jim McKelvey, hearing what his data predicts for the election. I immediately called up my good friend, Phillip Stutts, to get an update on his latest data on the election. Phil has worked on campaigns for over 20 years. He knows the inside scoop. He surveys tens of thousands of people to find out what their top concerns are, what are they afraid of, what do they want, who will they vote for. He gives us the complete breakdown. This episode is NOT only for you to understand what's going on in the political world, but also for people that own businesses. What should you look at, and what should your future strategy be to survive this lockdown. I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify Follow me on Social Media: YouTube Twitter Facebook Linkedin ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn
In today's episode, we cover the innovation stack with Jim McKelvey. Jim is an entrepreneur most known for cofounding Square and the author of The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time. Innovation is not something that happens when you want it to, but when you're backed into a corner and innovation is the only way out - so what can you do to prepare yourself and your company to make sure you're in the best place to innovate when the time comes? What to Listen For What does it mean to get comfortable with discomfort and why is it important if you want to survive in a rapidly changing world? What is the difference between an entrepreneur and a business person? How can you tell if an idea is a billion dollar idea? What does it mean for an idea to be a billion person idea? How does your ability to build relationships influence your ability to build a business? Why is it important to be both audacious and humble as an entrepreneur? What is linguistic gravity and why is it important when trying to convey the significance of an idea you have? What is an innovation stack and why is it integral to your success as an entrepreneur? What is LaunchCode and how is it improving the industry of software development? Being an entrepreneur requires a certain amount of comfort with the uncomfortable. As an entrepreneur, you are doing something that has never been done before, or you're doing something that you've never done before, which means there won't be a clear cut solution to every problem you encounter. If you are not comfortable with being uncomfortable, it will be more difficult to solve the hard problems and you will be more likely to walk away after being uncomfortable for too long. The most successful entrepreneurs appreciate the feeling of discomfort because they recognize that is where the real learning and innovation takes place. A Word From Our Sponsors Share your vulnerabilities, victories, and questions in our 17,000-member private Facebook group at theartofcharm.com/challenge. This is a unique opportunity where everyone — both men and women — celebrate your accountability on the way to becoming the best version of yourself. Register today here! Hiring used to be hard. Multiple job sites, stacks of resumes, a confusing review process. But today, hiring can be easy and you only have to go to one place to get it done: ziprecruiter.com/CHARM. ZipRecruiter is so effective that 4 out of 5 of employers who post on ZipRecruiter get a quality candidate through the site within the first day. Resources from this Episode The Innovation Stack by Jim McKelvey Jim McKelvey's website LaunchCode - “Land Your Dream Job in Tech” Check in with AJ and Johnny! AJ on Instagram Johnny on Instagram The Art of Charm on Instagram The Art of Charm on YouTube
It's time for another update on the state of US finance! After I wrote Why New York City is dead, doesn't seem like we have any solution for all the issue that I brought up in the article. So I called up my friend, Jim McKelvey, the founder of Square and the deputy chairman of the Federal Reserve, to ask him a bunch of questions. Will they bail out New York, what is the Federal Reserve doing right now to help the economy, and more! I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify Follow me on Social Media: YouTube Twitter Facebook Linkedin ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn
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