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456: How to Build an Unbeatable Business with Square Co-Founder Jim McKelvey - Publication Date |
- Apr 21, 2023
- Episode Duration |
- 01:03:52
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...
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