Jim McKelvey | How to Build an Unbeatable Business One Crazy Idea at a Time
The Unmistakable Creative Podcast
Srinivas Rao
4.8 • 1K Ratings
🗓️ 21 September 2022
⏱️ 86 minutes
🧾️ Download transcript
Summary
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.
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Transcript
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| 0:00.0 | This thing was the thing you want to sell, right? |
| 0:04.2 | Because the first thing I learned as an artist, |
| 0:06.5 | like don't admit your mistakes with your price, right? |
| 0:08.9 | Like if it's something I hate, |
| 0:10.5 | you won't be able to discern that from the price tag, you know? |
| 0:14.4 | So she was willing to pay full price for this thing. |
| 0:17.6 | And all she had was an Amics card. |
| 0:19.1 | And I couldn't take an Amics card and I lost a sale. |
| 0:21.0 | And I was just angry. |
| 0:24.2 | And I looked at my iPhone and I was talking around my iPhone |
| 0:27.6 | and my attitude towards my technology |
| 0:29.3 | because it does whatever I want. |
| 0:31.1 | And so my iPhone was this magic device that always turned into what, |
| 0:33.7 | you know, it turns into a book or a TV screen or a map |
| 0:36.8 | or it turns into a compass or it turns into a flashlight. |
| 0:39.4 | Like it, it turns into anything that I wanted to. |
| 0:41.4 | And it didn't at the moment that I needed it |
| 0:44.0 | turned into a credit card machine. |
| 0:46.2 | So I was like, Jack, this is what we got to do. |
| 0:48.4 | Like we need to make this thing turn into a credit card machine |
| 0:51.0 | so I can get paid. |
| 0:53.5 | That was square. |
... |
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