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Jack Dorsey’s Top 10 Rules For Success (@jack)


my goal is to simplify complexity you

my goal is to simplify complexity you have those like shower moments or you’re

have those like shower moments or you’re

have those like shower moments or you’re walking at midnight in some town in New

walking at midnight in some town in New

walking at midnight in some town in New York City and you’ve got these amazing

York City and you’ve got these amazing

York City and you’ve got these amazing brand ideas and and then you start

brand ideas and and then you start

brand ideas and and then you start thinking well I could really start doing

thinking well I could really start doing

thinking well I could really start doing this if only X and if I had this person

this if only X and if I had this person

this if only X and if I had this person or if this technology existed I think

or if this technology existed I think

or if this technology existed I think leaders of companies have to consider

leaders of companies have to consider

leaders of companies have to consider themselves editors and you constantly

themselves editors and you constantly

themselves editors and you constantly have to edit the team he’s an American

have to edit the team he’s an American

have to edit the team he’s an American computer programmer and entrepreneur

computer programmer and entrepreneur

computer programmer and entrepreneur he’s widely known as the co-founder and

he’s widely known as the co-founder and

he’s widely known as the co-founder and CEO of Twitter as well as the founder

CEO of Twitter as well as the founder

CEO of Twitter as well as the founder and CEO of square he has an estimated

and CEO of square he has an estimated

and CEO of square he has an estimated net worth of 1.2 billion dollars he’s

net worth of 1.2 billion dollars he’s

net worth of 1.2 billion dollars he’s Jack Dorsey and here is my take on his

Jack Dorsey and here is my take on his

Jack Dorsey and here is my take on his top 10 rules for success rule number one

top 10 rules for success rule number one

top 10 rules for success rule number one is my personal favorite and make sure to

is my personal favorite and make sure to

is my personal favorite and make sure to stick around although too young for some

stick around although too young for some

stick around although too young for some special bonus clips and as always if

special bonus clips and as always if

special bonus clips and as always if Jack says something that really

Jack says something that really

Jack says something that really resonates with you make sure to leave in

resonates with you make sure to leave in

resonates with you make sure to leave in the comments and put quotes around that

the comments and put quotes around that

the comments and put quotes around that so other people can benefit and be

so other people can benefit and be

so other people can benefit and be inspired as well

kind of cliche but just do it a lot of

kind of cliche but just do it a lot of time is spent thinking about something

time is spent thinking about something

time is spent thinking about something oh yeah

oh yeah

oh yeah talking about it yeah but when you

talking about it yeah but when you

talking about it yeah but when you actually get something down either on

actually get something down either on

actually get something down either on paper or in code or you know in front of

paper or in code or you know in front of

paper or in code or you know in front of someone that’s when things start

someone that’s when things start

someone that’s when things start happening and you’re going to make a lot

happening and you’re going to make a lot

happening and you’re going to make a lot of mistakes the important thing is that

of mistakes the important thing is that

of mistakes the important thing is that you make decisions and you keep moving

you make decisions and you keep moving

you make decisions and you keep moving forward but you have to get it out there

forward but you have to get it out there

forward but you have to get it out there yeah you have to start and you have to

yeah you have to start and you have to

yeah you have to start and you have to be brave enough to to take the criticism

be brave enough to to take the criticism

be brave enough to to take the criticism may I always go back to the punk

may I always go back to the punk

may I always go back to the punk movement in the 70s mm-hmm people would

movement in the 70s mm-hmm people would

movement in the 70s mm-hmm people would get out and be on the street thank you

get out and be on the street thank you

get out and be on the street thank you cuz you’re a teenager back then yeah and

cuz you’re a teenager back then yeah and

cuz you’re a teenager back then yeah and well and they say what there would be a

well and they say what there would be a

well and they say what there would be a there would be learning in front of

there would be learning in front of

there would be learning in front of people like they get out on the street

people like they get out on the street

people like they get out on the street and it’s the first time with a guitar

and it’s the first time with a guitar

and it’s the first time with a guitar yeah and you know they’re learning how

yeah and you know they’re learning how

yeah and you know they’re learning how to play and they’re getting better and

to play and they’re getting better and

to play and they’re getting better and better and better

better and better

better and better yeah um and I think that’s really

yeah um and I think that’s really

yeah um and I think that’s really important to just get it down do it just

important to just get it down do it just

important to just get it down do it just do it it edit edit it my goal is to

do it it edit edit it my goal is to

do it it edit edit it my goal is to simplify complexity I just want to build

simplify complexity I just want to build

simplify complexity I just want to build stuff that really simplifies our base

stuff that really simplifies our base

stuff that really simplifies our base human interaction Twitter was around

human interaction Twitter was around

human interaction Twitter was around communication and visualizing what was

communication and visualizing what was

communication and visualizing what was happening in the world in real Times

happening in the world in real Times

happening in the world in real Times Square was allowing everyone to accept

Square was allowing everyone to accept

Square was allowing everyone to accept the form of payment that people have in

the form of payment that people have in

the form of payment that people have in our pocket today which is a credit card

our pocket today which is a credit card

our pocket today which is a credit card so we’ve built the simplest way to

so we’ve built the simplest way to

so we’ve built the simplest way to accept credit cards and it’s just this

accept credit cards and it’s just this

accept credit cards and it’s just this little tiny device that we give away for

little tiny device that we give away for

little tiny device that we give away for free and you just download some software

free and you just download some software

free and you just download some software from the App Store and you plug it in to

from the App Store and you plug it in to

from the App Store and you plug it in to your mobile phone or your iPad and

your mobile phone or your iPad and

your mobile phone or your iPad and suddenly you can take credit cards so if

suddenly you can take credit cards so if

suddenly you can take credit cards so if you’re a tax accountant or a lawyer or a

you’re a tax accountant or a lawyer or a

you’re a tax accountant or a lawyer or a doctor or you know even a hairstylist

doctor or you know even a hairstylist

doctor or you know even a hairstylist you can now accept credit cards it’s

you can now accept credit cards it’s

you can now accept credit cards it’s really that the users help decide where

really that the users help decide where

really that the users help decide where we

we

we we are the curators of the technology

we are the curators of the technology

we are the curators of the technology and we think we’re pretty good at it

and we think we’re pretty good at it

and we think we’re pretty good at it mm-hmm but then this leads in my third

mm-hmm but then this leads in my third

mm-hmm but then this leads in my third lesson is you know you need to listen

lesson is you know you need to listen

lesson is you know you need to listen you need to be still and really listen

you need to be still and really listen

you need to be still and really listen to to what’s going on around you

to to what’s going on around you

to to what’s going on around you mm-hmm and let that inform and let that

mm-hmm and let that inform and let that

mm-hmm and let that inform and let that inspire hmm your next steps seems hard

inspire hmm your next steps seems hard

inspire hmm your next steps seems hard to be still and listen when you’ve got

to be still and listen when you’ve got

to be still and listen when you’ve got your we have 300 follow your following

your we have 300 follow your following

your we have 300 follow your following 300 people are you sure ma’am

300 people are you sure ma’am

300 people are you sure ma’am it’s like sure my heart yes I it’s

it’s like sure my heart yes I it’s

it’s like sure my heart yes I it’s really important that that you’re able

really important that that you’re able

really important that that you’re able to step back and listen to to what’s

to step back and listen to to what’s

to step back and listen to to what’s going on and what patterns emerge so

going on and what patterns emerge so

going on and what patterns emerge so that you can really consider those and

that you can really consider those and

that you can really consider those and move them I think I think that’s one of

move them I think I think that’s one of

move them I think I think that’s one of the strongest things you can cultivate

the strongest things you can cultivate

the strongest things you can cultivate as an entrepreneur is to not rely on

as an entrepreneur is to not rely on

as an entrepreneur is to not rely on luck but cultivating and the ability to

luck but cultivating and the ability to

luck but cultivating and the ability to recognize fortunate situations when

recognize fortunate situations when

recognize fortunate situations when they’re occurring mm-hmm

they’re occurring mm-hmm

they’re occurring mm-hmm odyo was a very fortunate situation

odyo was a very fortunate situation

odyo was a very fortunate situation could have taken that idea not told it

could have taken that idea not told it

could have taken that idea not told it to have not told it to be is not not

to have not told it to be is not not

to have not told it to be is not not told it to know and all my other

told it to know and all my other

told it to know and all my other co-workers at OU do and tried to start

co-workers at OU do and tried to start

co-workers at OU do and tried to start my own company with with that idea but

my own company with with that idea but

my own company with with that idea but the fortunate situation was I was

the fortunate situation was I was

the fortunate situation was I was working with some really amazing people

working with some really amazing people

working with some really amazing people and we had a great team so of course you

and we had a great team so of course you

and we had a great team so of course you know it makes sense to start there the

know it makes sense to start there the

know it makes sense to start there the fortunate situation for square was that

fortunate situation for square was that

fortunate situation for square was that in 2008 at the end of 2008 the entire

in 2008 at the end of 2008 the entire

in 2008 at the end of 2008 the entire market was crashing down like all of

market was crashing down like all of

market was crashing down like all of these abstractions we built upon

these abstractions we built upon

these abstractions we built upon abstraction upon abstraction upon

abstraction upon abstraction upon

abstraction upon abstraction upon abstraction in the financial world which

abstraction in the financial world which

abstraction in the financial world which no single human understood we’re now

no single human understood we’re now

no single human understood we’re now falling apart and suddenly we’re getting

falling apart and suddenly we’re getting

falling apart and suddenly we’re getting back to basics back to fundamentals

back to basics back to fundamentals

back to basics back to fundamentals management teams were being asked to

management teams were being asked to

management teams were being asked to leave banks were failing you know people

leave banks were failing you know people

leave banks were failing you know people were we’re clarifying around like we

were we’re clarifying around like we

were we’re clarifying around like we need to start getting innovative we need

need to start getting innovative we need

need to start getting innovative we need to start treating our customers so

to start treating our customers so

to start treating our customers so poorly we need to start insight we need

poorly we need to start insight we need

poorly we need to start insight we need to stop you know encouraging bad

to stop you know encouraging bad

to stop you know encouraging bad behavior to reap fees like we need to

behavior to reap fees like we need to

behavior to reap fees like we need to really turn this whole thing around and

really turn this whole thing around and

really turn this whole thing around and anytime there’s a recession or a

anytime there’s a recession or a

anytime there’s a recession or a depression that’s a great time to

depression that’s a great time to

depression that’s a great time to innovate start a company start a project

innovate start a company start a project

innovate start a company start a project you know do anything so

you know do anything so

you know do anything so you know we recognize we recognize that

you know we recognize we recognize that

you know we recognize we recognize that time at the same time my co-founder Jim

time at the same time my co-founder Jim

time at the same time my co-founder Jim we you know we contacted me he I’ve

we you know we contacted me he I’ve

we you know we contacted me he I’ve known him since I was fifteen years old

known him since I was fifteen years old

known him since I was fifteen years old he was my boss when I was fifteen years

he was my boss when I was fifteen years

he was my boss when I was fifteen years old and he’s like Jack I want to talk to

old and he’s like Jack I want to talk to

old and he’s like Jack I want to talk to you I want to I want to build an

you I want to I want to build an

you I want to I want to build an electronic car company like that’s

electronic car company like that’s

electronic car company like that’s interesting and he was thinking about it

interesting and he was thinking about it

interesting and he was thinking about it because the car industry was failing as

because the car industry was failing as

because the car industry was failing as well and like he was like why don’t we

well and like he was like why don’t we

well and like he was like why don’t we just give these car companies to well

just give these car companies to well

just give these car companies to well seasoned entrepreneurs like why don’t we

seasoned entrepreneurs like why don’t we

seasoned entrepreneurs like why don’t we give Ford to Steve Jobs and like you

give Ford to Steve Jobs and like you

give Ford to Steve Jobs and like you know that would be amazing

know that would be amazing

know that would be amazing yeah it would be amazing and like you

yeah it would be amazing and like you

yeah it would be amazing and like you know GM to Ellison are like what not

know GM to Ellison are like what not

know GM to Ellison are like what not he’s like and also I want to start an

he’s like and also I want to start an

he’s like and also I want to start an electronic car company I’m like that’s

electronic car company I’m like that’s

electronic car company I’m like that’s ambitious but in a moment we decided not

ambitious but in a moment we decided not

ambitious but in a moment we decided not to start an electronic car company but

to start an electronic car company but

to start an electronic car company but we wanted to do something together

we wanted to do something together

we wanted to do something together mm-hmm and we kept having these weekly

mm-hmm and we kept having these weekly

mm-hmm and we kept having these weekly conversations about what that thing was

conversations about what that thing was

conversations about what that thing was and I was researching a lot with finance

and I was researching a lot with finance

and I was researching a lot with finance and healthcare because I was looking at

and healthcare because I was looking at

and healthcare because I was looking at you know doing something in those phases

you know doing something in those phases

you know doing something in those phases and Jim called me one day one of us

and Jim called me one day one of us

and Jim called me one day one of us scheduled me to meetings and he said I

scheduled me to meetings and he said I

scheduled me to meetings and he said I just lost a a glass sale he’s an artist

just lost a a glass sale he’s an artist

just lost a a glass sale he’s an artist he he sells class and I lost the sale

he he sells class and I lost the sale

he he sells class and I lost the sale because I couldn’t accept a credit card

because I couldn’t accept a credit card

because I couldn’t accept a credit card and here he was talking on his iPhone

and here he was talking on his iPhone

and here he was talking on his iPhone his general-purpose computer and I was

his general-purpose computer and I was

his general-purpose computer and I was talking about my iPhone I’m like what

talking about my iPhone I’m like what

talking about my iPhone I’m like what your Hertz computer sitting in the palm

your Hertz computer sitting in the palm

your Hertz computer sitting in the palm of your hand but no way to accept credit

of your hand but no way to accept credit

of your hand but no way to accept credit he couldn’t accept two thousand dollars

he couldn’t accept two thousand dollars

he couldn’t accept two thousand dollars from from someone who wanted to pay him

from from someone who wanted to pay him

from from someone who wanted to pay him right like why is that so we decided

right like why is that so we decided

right like why is that so we decided that we wanted to answer that question

that we wanted to answer that question

that we wanted to answer that question and we did a bunch of research and I

and we did a bunch of research and I

and we did a bunch of research and I started writing some server code and we

started writing some server code and we

started writing some server code and we hired a guy to write some iPhone code

hired a guy to write some iPhone code

hired a guy to write some iPhone code and Jim built some hardware and in a

and Jim built some hardware and in a

and Jim built some hardware and in a month we had a little way it was

month we had a little way it was

month we had a little way it was actually quite a big device that plugged

actually quite a big device that plugged

actually quite a big device that plugged into the audio jack of your iPhone and

into the audio jack of your iPhone and

into the audio jack of your iPhone and could swipe a card take a payment it

could swipe a card take a payment it

could swipe a card take a payment it would go through the merchant process

would go through the merchant process

would go through the merchant process and then generate a receipt with a map

and then generate a receipt with a map

and then generate a receipt with a map on it and I went around I showed it to a

on it and I went around I showed it to a

on it and I went around I showed it to a bunch of investors and they were all

bunch of investors and they were all

bunch of investors and they were all amazed that it could even work so we

amazed that it could even work so we

amazed that it could even work so we decided to really focus on it and make

decided to really focus on it and make

decided to really focus on it and make it a make it a company and

it a make it a company and

it a make it a company and and it really just comes out of like

and it really just comes out of like

and it really just comes out of like recognizing that fortunate situation and

recognizing that fortunate situation and

recognizing that fortunate situation and recognizing the people around you that

recognizing the people around you that

recognizing the people around you that that could help and and just owning it

that could help and and just owning it

that could help and and just owning it the biggest thing for me on that on that

the biggest thing for me on that on that

the biggest thing for me on that on that path is I need to I need to draw

path is I need to I need to draw

path is I need to I need to draw something out and I need to get it out

something out and I need to get it out

something out and I need to get it out of my head I found myself very early on

of my head I found myself very early on

of my head I found myself very early on thinking about something like you know

thinking about something like you know

thinking about something like you know thinking about this this early idea for

thinking about this this early idea for

thinking about this this early idea for Twitter and saying to myself I could

Twitter and saying to myself I could

Twitter and saying to myself I could build this awesome you know you have

build this awesome you know you have

build this awesome you know you have those like shower moments or you’re

those like shower moments or you’re

those like shower moments or you’re walking at midnight in some town in New

walking at midnight in some town in New

walking at midnight in some town in New York City and you’ve got these amazing

York City and you’ve got these amazing

York City and you’ve got these amazing brand ideas and and then you start

brand ideas and and then you start

brand ideas and and then you start thinking well I could really start doing

thinking well I could really start doing

thinking well I could really start doing this if only X and if I had this person

this if only X and if I had this person

this if only X and if I had this person or if this technology existed or if this

or if this technology existed or if this

or if this technology existed or if this happened or this happened and what I

happened or this happened and what I

happened or this happened and what I what I realize I was doing is I

what I realize I was doing is I

what I realize I was doing is I constantly making excuses for not

constantly making excuses for not

constantly making excuses for not working on it and then the window had

working on it and then the window had

working on it and then the window had passed and then I kind of do anything so

passed and then I kind of do anything so

passed and then I kind of do anything so I think it’s really really important to

I think it’s really really important to

I think it’s really really important to write it out or to draw it out or to

write it out or to draw it out or to

write it out or to draw it out or to code it but you need to get out of your

code it but you need to get out of your

code it but you need to get out of your head and the reason you have to get it

head and the reason you have to get it

head and the reason you have to get it out of your head is you need to be able

out of your head is you need to be able

out of your head is you need to be able to see it on a surface that is not in

to see it on a surface that is not in

to see it on a surface that is not in your mind and once you can see it once

your mind and once you can see it once

your mind and once you can see it once you can step back from it then you can

you can step back from it then you can

you can step back from it then you can also decide this is you know this passes

also decide this is you know this passes

also decide this is you know this passes my filter passes my you know constraints

my filter passes my you know constraints

my filter passes my you know constraints so maybe I can show it and share with

so maybe I can show it and share with

so maybe I can show it and share with some other people and then they’ll be

some other people and then they’ll be

some other people and then they’ll be like you know that’s the stupidest idea

like you know that’s the stupidest idea

like you know that’s the stupidest idea ever

ever

ever and or you know that’s somewhat

and or you know that’s somewhat

and or you know that’s somewhat interesting but maybe this and this and

interesting but maybe this and this and

interesting but maybe this and this and this so the sooner you can do that then

this so the sooner you can do that then

this so the sooner you can do that then you have a lot of momentum around it and

you have a lot of momentum around it and

you have a lot of momentum around it and you can you know really decide if you

you can you know really decide if you

you can you know really decide if you want to commit to it and work on it more

want to commit to it and work on it more

want to commit to it and work on it more or put it on the shelf for a later date

or put it on the shelf for a later date

or put it on the shelf for a later date and the realization that I think

and the realization that I think

and the realization that I think everyone needs to have about that latter

everyone needs to have about that latter

everyone needs to have about that latter option put it on the shelf is that you

option put it on the shelf is that you

option put it on the shelf is that you can come back to it and it’ll it’ll

can come back to it and it’ll it’ll

can come back to it and it’ll it’ll surface back up in another piece of work

surface back up in another piece of work

surface back up in another piece of work or another idea at some point in your

or another idea at some point in your

or another idea at some point in your life so you know having that having that

life so you know having that having that

life so you know having that having that ability to close off a chapter and move

ability to close off a chapter and move

ability to close off a chapter and move on is really really important you can’t

on is really really important you can’t

on is really really important you can’t have all these open threads and and

have all these open threads and and

have all these open threads and and that’s what I realized I was doing

that’s what I realized I was doing

that’s what I realized I was doing and that also encouraged me to to really

and that also encouraged me to to really

and that also encouraged me to to really write more and to really think about you

write more and to really think about you

write more and to really think about you know what is what is the story

know what is what is the story

know what is what is the story what do how are people coming to this

what do how are people coming to this

what do how are people coming to this and like when I show my friends this how

and like when I show my friends this how

and like when I show my friends this how are they going to react and I would

are they going to react and I would

are they going to react and I would write it down I would actually treat it

write it down I would actually treat it

write it down I would actually treat it like a play and in and when I realized

like a play and in and when I realized

like a play and in and when I realized that I was writing plays I wrote I read

that I was writing plays I wrote I read

that I was writing plays I wrote I read a lot more place for style and for

a lot more place for style and for

a lot more place for style and for substance and for technique and I think

substance and for technique and I think

substance and for technique and I think it’s you know I think it’s I think it’s

it’s you know I think it’s I think it’s

it’s you know I think it’s I think it’s really good and I think there’s another

really good and I think there’s another

really good and I think there’s another company that I’ve always looked towards

company that I’ve always looked towards

company that I’ve always looked towards for inspiration and I know a number of

for inspiration and I know a number of

for inspiration and I know a number of people in this room probably have a

people in this room probably have a

people in this room probably have a similar company in mind which is Apple

similar company in mind which is Apple

similar company in mind which is Apple Apple I think is run like a theater

Apple I think is run like a theater

Apple I think is run like a theater company it has a great sense of pacing

company it has a great sense of pacing

company it has a great sense of pacing has a great sense of story and has a

has a great sense of story and has a

has a great sense of story and has a great sense of execution and it’s all

great sense of execution and it’s all

great sense of execution and it’s all about it’s all event-driven it’s all

about it’s all event-driven it’s all

about it’s all event-driven it’s all staged driven the stage being a

staged driven the stage being a

staged driven the stage being a billboard of the stage being a keynote

billboard of the stage being a keynote

billboard of the stage being a keynote or the stage being a product launch all

or the stage being a product launch all

or the stage being a product launch all of it has a very very cohesive end to

of it has a very very cohesive end to

of it has a very very cohesive end to end story I mean you think about what

end story I mean you think about what

end story I mean you think about what happened when Steve Jobs came back to

happened when Steve Jobs came back to

happened when Steve Jobs came back to the company the first thing he did is he

the company the first thing he did is he

the company the first thing he did is he killed every product line the company

killed every product line the company

killed every product line the company was working on and for two years they

was working on and for two years they

was working on and for two years they had no product on the market whatsoever

had no product on the market whatsoever

had no product on the market whatsoever all they had were a bunch of posters all

all they had were a bunch of posters all

all they had were a bunch of posters all around the world with Steve’s heroes and

around the world with Steve’s heroes and

around the world with Steve’s heroes and I said think different and he was just

I said think different and he was just

I said think different and he was just focused on bringing up the brand and

focused on bringing up the brand and

focused on bringing up the brand and making people aware the brand again and

making people aware the brand again and

making people aware the brand again and how the brand is aligning to this

how the brand is aligning to this

how the brand is aligning to this particular feeling and story and then

particular feeling and story and then

particular feeling and story and then they came out with the iMac and then

they came out with the iMac and then

they came out with the iMac and then built built iTunes and then the iPod and

built built iTunes and then the iPod and

built built iTunes and then the iPod and they realized that wait a minute people

they realized that wait a minute people

they realized that wait a minute people are carrying music on their phones now

are carrying music on their phones now

are carrying music on their phones now so we better build a phone I found and

so we better build a phone I found and

so we better build a phone I found and so this this unfolding of the plot and

so this this unfolding of the plot and

so this this unfolding of the plot and the epic story has been very very

the epic story has been very very

the epic story has been very very interesting to watch especially if you

interesting to watch especially if you

interesting to watch especially if you look back you know to that time when you

look back you know to that time when you

look back you know to that time when you came back to the company so I’ve learned

came back to the company so I’ve learned

came back to the company so I’ve learned a lot from that company and other

a lot from that company and other

a lot from that company and other companies who operate in a similar

companies who operate in a similar

companies who operate in a similar fashion constrained is a big thing for

fashion constrained is a big thing for

fashion constrained is a big thing for me and this is something that we’re

me and this is something that we’re

me and this is something that we’re two pair as well hmm it’s important to

two pair as well hmm it’s important to

two pair as well hmm it’s important to st. now and it’s important to be able to

st. now and it’s important to be able to

st. now and it’s important to be able to easily say no and there’s many many

easily say no and there’s many many

easily say no and there’s many many things you can do and especially when

things you can do and especially when

things you can do and especially when you have a successful venture behind you

you have a successful venture behind you

you have a successful venture behind you or you’re running with it

or you’re running with it

or you’re running with it it’s really important to recognize you

it’s really important to recognize you

it’s really important to recognize you know when where you need to go where

know when where you need to go where

know when where you need to go where you’d like to go and really constrain

you’d like to go and really constrain

you’d like to go and really constrain the process and then keep things really

the process and then keep things really

the process and then keep things really simple in my dispatched days we in 1999

simple in my dispatched days we in 1999

simple in my dispatched days we in 1999 early 2000 we felt something really cool

early 2000 we felt something really cool

early 2000 we felt something really cool we loved it and then we hired a CEO that

we loved it and then we hired a CEO that

we loved it and then we hired a CEO that didn’t really match our personalities

didn’t really match our personalities

didn’t really match our personalities and then match our vision and we grew

and then match our vision and we grew

and then match our vision and we grew the company very very quickly and that

the company very very quickly and that

the company very very quickly and that really scattered the focus of the

really scattered the focus of the

really scattered the focus of the company so what I’ve learned things I’ve

company so what I’ve learned things I’ve

company so what I’ve learned things I’ve learned the Twitter is a you know that

learned the Twitter is a you know that

learned the Twitter is a you know that that singular focus that that do one

that singular focus that that do one

that singular focus that that do one thing yeah and do very well that works

thing yeah and do very well that works

thing yeah and do very well that works out I think the biggest thing for me I

out I think the biggest thing for me I

out I think the biggest thing for me I think for all startups is that it’s

think for all startups is that it’s

think for all startups is that it’s really really easy to

consider any hire as like the length of

consider any hire as like the length of the entire company I think I think

the entire company I think I think

the entire company I think I think leaders of companies have to consider

leaders of companies have to consider

leaders of companies have to consider themselves editors and you constantly

themselves editors and you constantly

themselves editors and you constantly have to edit the team you constantly

have to edit the team you constantly

have to edit the team you constantly have to make sure that you have the best

have to make sure that you have the best

have to make sure that you have the best people in and if there’s any negative

people in and if there’s any negative

people in and if there’s any negative attribute within the team person or

attribute within the team person or

attribute within the team person or element or otherwise you have to part

element or otherwise you have to part

element or otherwise you have to part ways and you get it right away

ways and you get it right away

ways and you get it right away yeah right away I mean you have to say

yeah right away I mean you have to say

yeah right away I mean you have to say like this is the best thing for the

like this is the best thing for the

like this is the best thing for the company and to be fair to both of us

company and to be fair to both of us

company and to be fair to both of us like it’s just not the right time for

like it’s just not the right time for

like it’s just not the right time for both of us it like any other

both of us it like any other

both of us it like any other relationship need to be able to

relationship need to be able to

relationship need to be able to recognize what’s good and what isn’t

recognize what’s good and what isn’t

recognize what’s good and what isn’t isn’t optimal and take action on it so

isn’t optimal and take action on it so

isn’t optimal and take action on it so that’s that’s one thing that you know I

that’s that’s one thing that you know I

that’s that’s one thing that you know I would like with Twitter like we grew

would like with Twitter like we grew

would like with Twitter like we grew very very slowly and we didn’t we didn’t

very very slowly and we didn’t we didn’t

very very slowly and we didn’t we didn’t edit the team in the in the best way we

edit the team in the in the best way we

edit the team in the in the best way we didn’t get out of the way of ourselves

didn’t get out of the way of ourselves

didn’t get out of the way of ourselves often though so that’s something I would

often though so that’s something I would

often though so that’s something I would never do again what I want to talk to

never do again what I want to talk to

never do again what I want to talk to you about today is a note which I call

you about today is a note which I call

you about today is a note which I call daily so if you create a new note in

daily so if you create a new note in

daily so if you create a new note in your notepad or something that you check

your notepad or something that you check

your notepad or something that you check on a daily basis this is the most

on a daily basis this is the most

on a daily basis this is the most important thing name it daily and then

important thing name it daily and then

important thing name it daily and then write the word do : and then go down a

write the word do : and then go down a

write the word do : and then go down a few lines and write the word don’t go on

few lines and write the word don’t go on

few lines and write the word don’t go on the one thing I would ask you to do

the one thing I would ask you to do

the one thing I would ask you to do walking out of this is to every single

walking out of this is to every single

walking out of this is to every single day just for a week wake up to this note

day just for a week wake up to this note

day just for a week wake up to this note check it throughout the day and then

check it throughout the day and then

check it throughout the day and then also before you fall asleep check to

also before you fall asleep check to

also before you fall asleep check to make sure that you did and you didn’t do

make sure that you did and you didn’t do

make sure that you did and you didn’t do everything so what you put in each one

everything so what you put in each one

everything so what you put in each one of these is you have a list of

of these is you have a list of

of these is you have a list of everything that you want to do every

everything that you want to do every

everything that you want to do every single day and you have a list of things

single day and you have a list of things

single day and you have a list of things that you don’t want to do and the

that you don’t want to do and the

that you don’t want to do and the easiest way to add to the don’ts is to

easiest way to add to the don’ts is to

easiest way to add to the don’ts is to notice something that you never want to

notice something that you never want to

notice something that you never want to do it again you never want to do again

do it again you never want to do again

do it again you never want to do again and you just add that to it very very

and you just add that to it very very

and you just add that to it very very simple I’m just going to share some of

simple I’m just going to share some of

simple I’m just going to share some of mine these might be a little bit

mine these might be a little bit

mine these might be a little bit personal and embarrassing but here we

personal and embarrassing but here we

personal and embarrassing but here we are number one on my do list is to stay

are number one on my do list is to stay

are number one on my do list is to stay present I think it’s so easy to get

present I think it’s so easy to get

present I think it’s so easy to get trapped in the past it’s so easy to

trapped in the past it’s so easy to

trapped in the past it’s so easy to think about

think about

think about the future the most important thing is I

the future the most important thing is I

the future the most important thing is I stay present and just reading this

stay present and just reading this

stay present and just reading this brings me back to the present brings me

brings me back to the present brings me

brings me back to the present brings me back to this moment number two for me is

back to this moment number two for me is

back to this moment number two for me is be vulnerable show people my mistakes

be vulnerable show people my mistakes

be vulnerable show people my mistakes show people my fears because they can

show people my fears because they can

show people my fears because they can relate because they’re going through

relate because they’re going through

relate because they’re going through similar things number three

similar things number three

similar things number three drink only lemon water and red wine

great we red wine is a great modifier

great we red wine is a great modifier for it this goes with one of my don’t

for it this goes with one of my don’t

for it this goes with one of my don’t which is don’t drink hard liquor or beer

which is don’t drink hard liquor or beer

which is don’t drink hard liquor or beer on weekdays

number three is six sets of twenty

number three is six sets of twenty squats and push-ups throughout the day I

squats and push-ups throughout the day I

squats and push-ups throughout the day I just have to do them every day six sets

just have to do them every day six sets

just have to do them every day six sets of 30-second planks run for three miles

of 30-second planks run for three miles

of 30-second planks run for three miles meditate on this list stand up straight

meditate on this list stand up straight

meditate on this list stand up straight which whenever I say OEC posture moving

which whenever I say OEC posture moving

which whenever I say OEC posture moving in the audience say hello to everyone

in the audience say hello to everyone

in the audience say hello to everyone I just bought a heavy bag so I’m

I just bought a heavy bag so I’m

I just bought a heavy bag so I’m training with a heavy bag so I want to

training with a heavy bag so I want to

training with a heavy bag so I want to spend ten minutes with a heavy bag every

spend ten minutes with a heavy bag every

spend ten minutes with a heavy bag every day I’m going to do a video journal

day I’m going to do a video journal

day I’m going to do a video journal every single day and I want to get seven

every single day and I want to get seven

every single day and I want to get seven hours of sleep on my don’t list and

hours of sleep on my don’t list and

hours of sleep on my don’t list and again this is one of the hardest things

again this is one of the hardest things

again this is one of the hardest things and a lot of these are personal so I’m

and a lot of these are personal so I’m

and a lot of these are personal so I’m not going to read all of them

not going to read all of them

not going to read all of them well my don’t list is don’t avoid eye

well my don’t list is don’t avoid eye

well my don’t list is don’t avoid eye contact don’t be late don’t set

contact don’t be late don’t set

contact don’t be late don’t set expectations for someone and not meet

expectations for someone and not meet

expectations for someone and not meet them don’t eat sugar I’m on the Paleo

them don’t eat sugar I’m on the Paleo

them don’t eat sugar I’m on the Paleo diet so don’t eat wheat lentils or dairy

diet so don’t eat wheat lentils or dairy

diet so don’t eat wheat lentils or dairy and then of course don’t drink hard

and then of course don’t drink hard

and then of course don’t drink hard liquor or beer on the way this so this

liquor or beer on the way this so this

liquor or beer on the way this so this list while it sounds very very simple

list while it sounds very very simple

list while it sounds very very simple has been fundamental in establishing

has been fundamental in establishing

has been fundamental in establishing patterns for myself and it’s something

patterns for myself and it’s something

patterns for myself and it’s something that I do check every single morning I

that I do check every single morning I

that I do check every single morning I check throughout the day and I check

check throughout the day and I check

check throughout the day and I check right before I go to bed and I make sure

right before I go to bed and I make sure

right before I go to bed and I make sure that I check everything off and go

that I check everything off and go

that I check everything off and go through it

through it

through it to our companies I’ve given it to a

to our companies I’ve given it to a

to our companies I’ve given it to a number of students that I’ve talked to

number of students that I’ve talked to

number of students that I’ve talked to as we’ve gone to schools and recruiting

as we’ve gone to schools and recruiting

as we’ve gone to schools and recruiting and people have come back to me and said

and people have come back to me and said

and people have come back to me and said that this is something that works for me

that this is something that works for me

that this is something that works for me it’s something that’s easy to do in

it’s something that’s easy to do in

it’s something that’s easy to do in something easy to remember one of the

something easy to remember one of the

something easy to remember one of the most fundamental things about it that

most fundamental things about it that

most fundamental things about it that I’ve learned that I’ve taken away from

I’ve learned that I’ve taken away from

I’ve learned that I’ve taken away from it is how it gives you focus how it

it is how it gives you focus how it

it is how it gives you focus how it gives you something that allows you to

gives you something that allows you to

gives you something that allows you to really ignore everything else that’s

really ignore everything else that’s

really ignore everything else that’s going on all the other noise to allow

going on all the other noise to allow

going on all the other noise to allow you to focus on what’s most important so

you to focus on what’s most important so

you to focus on what’s most important so this do and don’t list for people and

this do and don’t list for people and

this do and don’t list for people and individuals in the company has

individuals in the company has

individuals in the company has translated to a do and don’t list for

translated to a do and don’t list for

translated to a do and don’t list for our company

our company

our company Foursquare we have a doing don’t list we

Foursquare we have a doing don’t list we

Foursquare we have a doing don’t list we have these are the things that we’re

have these are the things that we’re

have these are the things that we’re going to do these are the core things

going to do these are the core things

going to do these are the core things these are our bold bets and these are

these are our bold bets and these are

these are our bold bets and these are the things we’re saying no to for right

the things we’re saying no to for right

the things we’re saying no to for right now has been fundamental in allowing us

now has been fundamental in allowing us

now has been fundamental in allowing us to move fast to continue to innovate and

to move fast to continue to innovate and

to move fast to continue to innovate and to really push the boundaries and

to really push the boundaries and

to really push the boundaries and continue invent and question and reset

continue invent and question and reset

continue invent and question and reset everything that we think about the

everything that we think about the

everything that we think about the organization one of my greatest lessons

organization one of my greatest lessons

organization one of my greatest lessons that I learned in starting and running

that I learned in starting and running

that I learned in starting and running Twitter and starting and running Square

Twitter and starting and running Square

Twitter and starting and running Square which is how important it is to

which is how important it is to

which is how important it is to instrument all usage you have to

instrument all usage you have to

instrument all usage you have to instrument everything for the first two

instrument everything for the first two

instrument everything for the first two years of Twitter’s life we were flying

years of Twitter’s life we were flying

years of Twitter’s life we were flying blind we had no idea what was going on

blind we had no idea what was going on

blind we had no idea what was going on with the network we’re not no idea what

with the network we’re not no idea what

with the network we’re not no idea what was going on with the system with how

was going on with the system with how

was going on with the system with how people were using it we’re making

people were using it we’re making

people were using it we’re making guesses we were basing everything on

guesses we were basing everything on

guesses we were basing everything on intuition instead of having a good

intuition instead of having a good

intuition instead of having a good balance between intuition and data and

balance between intuition and data and

balance between intuition and data and we were going down all the time because

we were going down all the time because

we were going down all the time because of it because we could not see what was

of it because we could not see what was

of it because we could not see what was happening so the first thing I wrote

happening so the first thing I wrote

happening so the first thing I wrote Foursquare on the server was an admin

Foursquare on the server was an admin

Foursquare on the server was an admin dashboard and we have a very very strong

dashboard and we have a very very strong

dashboard and we have a very very strong discipline within the company which is

discipline within the company which is

discipline within the company which is now 72 people to log everything to

now 72 people to log everything to

now 72 people to log everything to measure everything and to test

measure everything and to test

measure everything and to test everything and we treat the dashboard we

everything and we treat the dashboard we

everything and we treat the dashboard we treat the analytics we treat the data as

treat the analytics we treat the data as

treat the analytics we treat the data as a product and we call it the inference

a product and we call it the inference

a product and we call it the inference team and their job is to instrument all

team and their job is to instrument all

team and their job is to instrument all usage and infer all action and that’s

usage and infer all action and that’s

usage and infer all action and that’s something that we need but it’s also

something that we need but it’s also

something that we need but it’s also something that our users need

something that our users need

something that our users need art.when really understood is a province

art.when really understood is a province

art.when really understood is a province of every human being it is simply a

of every human being it is simply a

of every human being it is simply a question of doing things anything well

question of doing things anything well

question of doing things anything well it is not an outside extra thing when

it is not an outside extra thing when

it is not an outside extra thing when the artist is alive in any person

the artist is alive in any person

the artist is alive in any person whatever his kind of work may be he

whatever his kind of work may be he

whatever his kind of work may be he becomes an inventive searching daring

becomes an inventive searching daring

becomes an inventive searching daring self-expressing creature he becomes

self-expressing creature he becomes

self-expressing creature he becomes interesting to other people he disturbs

interesting to other people he disturbs

interesting to other people he disturbs upsets enlightens and he opens ways for

upsets enlightens and he opens ways for

upsets enlightens and he opens ways for better understanding were those who are

better understanding were those who are

better understanding were those who are not artists are trying to close the book

not artists are trying to close the book

not artists are trying to close the book he opens it he shows there are still

he opens it he shows there are still

he opens it he shows there are still more pages possible and I think that’s

more pages possible and I think that’s

more pages possible and I think that’s so telling for everything that you all

so telling for everything that you all

so telling for everything that you all are about to do all the challenges here

are about to do all the challenges here

are about to do all the challenges here about to face you’re going to be the

about to face you’re going to be the

about to face you’re going to be the ones that open the book the world would

ones that open the book the world would

ones that open the book the world would stagnate without him and the world would

stagnate without him and the world would

stagnate without him and the world would be beautiful with him for he is

be beautiful with him for he is

be beautiful with him for he is interesting to himself and he is

interesting to himself and he is

interesting to himself and he is interesting to others he does not have

interesting to others he does not have

interesting to others he does not have to be a painter or a sculptor to be an

to be a painter or a sculptor to be an

to be a painter or a sculptor to be an artist he can work in any medium he

artist he can work in any medium he

artist he can work in any medium he simply has to find the gain in the work

simply has to find the gain in the work

simply has to find the gain in the work itself not upside of it one of the

itself not upside of it one of the

itself not upside of it one of the biggest lessons that I’ve learned

biggest lessons that I’ve learned

biggest lessons that I’ve learned throughout my career is how important

throughout my career is how important

throughout my career is how important the work is how important not just the

the work is how important not just the

the work is how important not just the end product is but the actual craft

end product is but the actual craft

end product is but the actual craft doing the work inventing within the work

doing the work inventing within the work

doing the work inventing within the work the work of the art student is no light

the work of the art student is no light

the work of the art student is no light matter few have the courage and stamina

matter few have the courage and stamina

matter few have the courage and stamina to see it through you have to make up

to see it through you have to make up

to see it through you have to make up your mind to be alone in many ways we

your mind to be alone in many ways we

your mind to be alone in many ways we like sympathy as humans and we like to

like sympathy as humans and we like to

like sympathy as humans and we like to be in company it is easier than going it

be in company it is easier than going it

be in company it is easier than going it alone but alone one gints gets

alone but alone one gints gets

alone but alone one gints gets acquainted with himself grows up and on

acquainted with himself grows up and on

acquainted with himself grows up and on not stopping with the crowd it cost to

not stopping with the crowd it cost to

not stopping with the crowd it cost to do this if you succeed someone you may

do this if you succeed someone you may

do this if you succeed someone you may have to pay for it as well as enjoy it

have to pay for it as well as enjoy it

have to pay for it as well as enjoy it for the rest of your life and that’s

for the rest of your life and that’s

for the rest of your life and that’s something if you do something meaningful

something if you do something meaningful

something if you do something meaningful you are going to have to pay for it in

you are going to have to pay for it in

you are going to have to pay for it in all the work but at the same time you

all the work but at the same time you

all the work but at the same time you will also be able to enjoy it for the

will also be able to enjoy it for the

will also be able to enjoy it for the rest of your life we are not here to do

rest of your life we are not here to do

rest of your life we are not here to do what has already been done

what has already been done

what has already been done everyone in this room feels that we are

everyone in this room feels that we are

everyone in this room feels that we are not here to do what has already been

not here to do what has already been

not here to do what has already been done know what the old masters did know

done know what the old masters did know

done know what the old masters did know how they compose their pictures but do

how they compose their pictures but do

how they compose their pictures but do not fall into the conventions they

not fall into the conventions they

not fall into the conventions they established these conventions were right

established these conventions were right

established these conventions were right for them and they are wonderful they

for them and they are wonderful they

for them and they are wonderful they made their language you make yours they

made their language you make yours they

made their language you make yours they can help you all the past can help you I

can help you all the past can help you I

can help you all the past can help you I think in Silicon Valley and especially

think in Silicon Valley and especially

think in Silicon Valley and especially in technology it’s so easy to fall in

in technology it’s so easy to fall in

in technology it’s so easy to fall in the footsteps of others to do what they

the footsteps of others to do what they

the footsteps of others to do what they do because you think it’s the right

do because you think it’s the right

do because you think it’s the right because the right way because you think

because the right way because you think

because the right way because you think you’ve they’ve had the success and you

you’ve they’ve had the success and you

you’ve they’ve had the success and you can copy that success you have to find

can copy that success you have to find

can copy that success you have to find your own path you have to find your own

your own path you have to find your own

your own path you have to find your own footsteps an arts student must be a

footsteps an arts student must be a

footsteps an arts student must be a master from the beginning that is he

master from the beginning that is he

master from the beginning that is he must be the master of such as he has by

must be the master of such as he has by

must be the master of such as he has by being now master of such as he has

being now master of such as he has

being now master of such as he has there’s promise that he will be a master

there’s promise that he will be a master

there’s promise that he will be a master in the future and what I mean what he

in the future and what I mean what he

in the future and what I mean what he means by this is purely you have to be a

means by this is purely you have to be a

means by this is purely you have to be a master of your own tools that master

master of your own tools that master

master of your own tools that master ship is not is not a destination it is a

ship is not is not a destination it is a

ship is not is not a destination it is a process and it’s constant practice that

process and it’s constant practice that

process and it’s constant practice that gets you there it is not enough to have

gets you there it is not enough to have

gets you there it is not enough to have thought great things before doing the

thought great things before doing the

thought great things before doing the work we have so many ideas but what

work we have so many ideas but what

work we have so many ideas but what really matters is the work to implement

really matters is the work to implement

really matters is the work to implement those ideas now don’t worry about the

those ideas now don’t worry about the

those ideas now don’t worry about the rejections every beat everybody that

rejections every beat everybody that

rejections every beat everybody that that’s good has gone through it don’t

that’s good has gone through it don’t

that’s good has gone through it don’t let it matter if your works are not

let it matter if your works are not

let it matter if your works are not accepted at once the better or more

accepted at once the better or more

accepted at once the better or more personal you are the less likely they

personal you are the less likely they

personal you are the less likely they are of acceptance just remember that the

are of acceptance just remember that the

are of acceptance just remember that the object of painting pictures is not

object of painting pictures is not

object of painting pictures is not simply to get them in exhibition it is

simply to get them in exhibition it is

simply to get them in exhibition it is all very fine to have your pictures hung

all very fine to have your pictures hung

all very fine to have your pictures hung but you are painting for yourself not

but you are painting for yourself not

but you are painting for yourself not for the jury and what’s meaningful about

for the jury and what’s meaningful about

for the jury and what’s meaningful about this passage to me is we work so hard to

this passage to me is we work so hard to

this passage to me is we work so hard to get some sort of acceptance in the world

get some sort of acceptance in the world

get some sort of acceptance in the world to get some sort of positive feedback

to get some sort of positive feedback

to get some sort of positive feedback and we look at others and it seemed so

and we look at others and it seemed so

and we look at others and it seemed so fast their success it seems like they

fast their success it seems like they

fast their success it seems like they did it in just a moment but it takes

did it in just a moment but it takes

did it in just a moment but it takes years and

years and

years and years and years and patients bookmarking

years and years and patients bookmarking

years and years and patients bookmarking interface is not easy amis there’s a

interface is not easy amis there’s a

interface is not easy amis there’s a time and place for all things the

time and place for all things the

time and place for all things the difficulty is to use them only in their

difficulty is to use them only in their

difficulty is to use them only in their proper time and place there’s a time and

proper time and place there’s a time and

proper time and place there’s a time and place for all things the difficulty is

place for all things the difficulty is

place for all things the difficulty is to use them only in the proper time in

to use them only in the proper time in

to use them only in the proper time in place with motive if you will become

place with motive if you will become

place with motive if you will become clairvoyant of means you will cease and

clairvoyant of means you will cease and

clairvoyant of means you will cease and command them without motive you will

command them without motive you will

command them without motive you will wobble about this in building a team and

wobble about this in building a team and

wobble about this in building a team and building an organization building

building an organization building

building an organization building company is one of the greatest lessons

company is one of the greatest lessons

company is one of the greatest lessons you cannot do anything without a shared

you cannot do anything without a shared

you cannot do anything without a shared and common sense of purpose if you don’t

and common sense of purpose if you don’t

and common sense of purpose if you don’t have motive if you don’t have purpose

have motive if you don’t have purpose

have motive if you don’t have purpose that are shared between everyone you

that are shared between everyone you

that are shared between everyone you will wander about you will wobble and

will wander about you will wobble and

will wander about you will wobble and you will not do anything of infinite

you will not do anything of infinite

you will not do anything of infinite means you will not do anything that is

means you will not do anything that is

means you will not do anything that is timeless and lastly the art-student

timeless and lastly the art-student

timeless and lastly the art-student of these days is a pioneer just like all

of these days is a pioneer just like all

of these days is a pioneer just like all of you they are student of today must

of you they are student of today must

of you they are student of today must pioneer beyond the mere matters of fact

pioneer beyond the mere matters of fact

pioneer beyond the mere matters of fact I believe the great artists of the

I believe the great artists of the

I believe the great artists of the future will use fewer words copy fewer

future will use fewer words copy fewer

future will use fewer words copy fewer things essays will be shorter in words

things essays will be shorter in words

things essays will be shorter in words and longer in meaning I love this

and longer in meaning I love this

and longer in meaning I love this passage I believe the great artists of

passage I believe the great artists of

passage I believe the great artists of the future will use fewer words copy

the future will use fewer words copy

the future will use fewer words copy fewer things essays will be shorter in

fewer things essays will be shorter in

fewer things essays will be shorter in words and longer in meaning we must

words and longer in meaning we must

words and longer in meaning we must paint only what is important to us must

paint only what is important to us must

paint only what is important to us must not respond to outside demands they do

not respond to outside demands they do

not respond to outside demands they do not know what they want or what we have

not know what they want or what we have

not know what they want or what we have to give I think one of the most

to give I think one of the most

to give I think one of the most important things about what you all of

important things about what you all of

important things about what you all of you do is that you are building what you

you do is that you are building what you

you do is that you are building what you want to see in the world you’re making

want to see in the world you’re making

want to see in the world you’re making that bet that other people want to see

that bet that other people want to see

that bet that other people want to see the same thing in the world sometimes

the same thing in the world sometimes

the same thing in the world sometimes you lose a bet sometimes you win the bet

you lose a bet sometimes you win the bet

you lose a bet sometimes you win the bet but the most important thing is you have

but the most important thing is you have

but the most important thing is you have that passion to build for yourself

that passion to build for yourself

that passion to build for yourself because that is what’s infectious and

because that is what’s infectious and

because that is what’s infectious and that is what brings other people to your

that is what brings other people to your

that is what brings other people to your cause and

cause and

cause and your team

thank you guys so much for watching I

thank you guys so much for watching I hope you enjoyed this video I made it

hope you enjoyed this video I made it

hope you enjoyed this video I made it because dig VGA asked me to so if

because dig VGA asked me to so if

because dig VGA asked me to so if there’s a famous entrepreneur that you

there’s a famous entrepreneur that you

there’s a famous entrepreneur that you have been a profound next leave in the

have been a profound next leave in the

have been a profound next leave in the comments below and I’ll see what I can

comments below and I’ll see what I can

comments below and I’ll see what I can do

do

do I’d also love to know what the jacks say

I’d also love to know what the jacks say

I’d also love to know what the jacks say that really inspired you that motivated

that really inspired you that motivated

that really inspired you that motivated you that made you think or question

you that made you think or question

you that made you think or question something leave in the comments and I’m

something leave in the comments and I’m

something leave in the comments and I’m going to join in the discussion thank

going to join in the discussion thank

going to join in the discussion thank you guys so much for watching I believe

you guys so much for watching I believe

you guys so much for watching I believe in you I hope you believe in yourself

in you I hope you believe in yourself

in you I hope you believe in yourself and whatever your one word is and I’ll

and whatever your one word is and I’ll

and whatever your one word is and I’ll see you soon

how do you go about attracting funding

how do you go about attracting funding and then managing your investors after

and then managing your investors after

and then managing your investors after you’ve secured it I think the that the

you’ve secured it I think the that the

you’ve secured it I think the that the thing that’s always worked for me is

thing that’s always worked for me is

thing that’s always worked for me is realizing that your your investors are

realizing that your your investors are

realizing that your your investors are first and foremost I always want to go

first and foremost I always want to go

first and foremost I always want to go to anyone that I want to work with with

to anyone that I want to work with with

to anyone that I want to work with with something to show and it was really

something to show and it was really

something to show and it was really important to us before we talk to any

important to us before we talk to any

important to us before we talk to any investors on the Twitter side that we

investors on the Twitter side that we

investors on the Twitter side that we actually had people using the service

actually had people using the service

actually had people using the service and in in in some at some scale and on

and in in in some at some scale and on

and in in in some at some scale and on the square side that we actually had a

the square side that we actually had a

the square side that we actually had a working prototype square we had really

working prototype square we had really

working prototype square we had really seven merchants when we actually went to

seven merchants when we actually went to

seven merchants when we actually went to raise money but we had a working

raise money but we had a working

raise money but we had a working prototype that people were actually

prototype that people were actually

prototype that people were actually using and if people can’t see it and

using and if people can’t see it and

using and if people can’t see it and feel it’s very very hard to sell and I

feel it’s very very hard to sell and I

feel it’s very very hard to sell and I don’t want to just go and tell people

don’t want to just go and tell people

don’t want to just go and tell people this can be the biggest thing ever I

this can be the biggest thing ever I

this can be the biggest thing ever I want to I want to be able to show that

want to I want to be able to show that

want to I want to be able to show that and have them feel it and walk away

and have them feel it and walk away

and have them feel it and walk away feeling that as well so that’s first and

feeling that as well so that’s first and

feeling that as well so that’s first and foremost is have something to show and

foremost is have something to show and

foremost is have something to show and so that they can actually feel and start

so that they can actually feel and start

so that they can actually feel and start making it a part of their story as well

making it a part of their story as well

making it a part of their story as well and feel like they have ownership over

and feel like they have ownership over

and feel like they have ownership over it and then second is a realization like

it and then second is a realization like

it and then second is a realization like I always kind of approach this is like

I always kind of approach this is like

I always kind of approach this is like this is a this is a if we take money

this is a this is a if we take money

this is a this is a if we take money from someone this is kind of like hiring

from someone this is kind of like hiring

from someone this is kind of like hiring someone that we can never fire we can

someone that we can never fire we can

someone that we can never fire we can never get rid of right so that means do

never get rid of right so that means do

never get rid of right so that means do we really want to work with this person

we really want to work with this person

we really want to work with this person is this person going to be someone that

is this person going to be someone that

is this person going to be someone that really pushes us pushes us in the way

really pushes us pushes us in the way

really pushes us pushes us in the way that we need to be pushed and and you

that we need to be pushed and and you

that we need to be pushed and and you can tell that very fairly quickly in

can tell that very fairly quickly in

can tell that very fairly quickly in that first week of pitching square got a

that first week of pitching square got a

that first week of pitching square got a lot of people who said you know ok great

lot of people who said you know ok great

lot of people who said you know ok great we don’t have any questions we’ll get

we don’t have any questions we’ll get

we don’t have any questions we’ll get back to you in about 30 minutes probably

back to you in about 30 minutes probably

back to you in about 30 minutes probably with with the term sheet and I said I

with with the term sheet and I said I

with with the term sheet and I said I don’t want a term sheet especially if

don’t want a term sheet especially if

don’t want a term sheet especially if you’re not asking any questions because

you’re not asking any questions because

you’re not asking any questions because they ask no questions during doing the

they ask no questions during doing the

they ask no questions during doing the pitch and that means if if they’re on

pitch and that means if if they’re on

pitch and that means if if they’re on our board that they’re actually not

our board that they’re actually not

our board that they’re actually not going to be all that constructive in

going to be all that constructive in

going to be all that constructive in terms of really asking the tough

terms of really asking the tough

terms of really asking the tough questions and making sure that we’re you

questions and making sure that we’re you

questions and making sure that we’re you know we’re not just in our own bubble

know we’re not just in our own bubble

know we’re not just in our own bubble but they’re looking outside that is the

but they’re looking outside that is the

but they’re looking outside that is the role of the board is to

role of the board is to

role of the board is to to look outside and bring all their

to look outside and bring all their

to look outside and bring all their insight and wisdom to us so that we can

insight and wisdom to us so that we can

insight and wisdom to us so that we can help guide the guide the company and in

help guide the guide the company and in

help guide the guide the company and in that second week we got a lot of tough

that second week we got a lot of tough

that second week we got a lot of tough questions and that’s what I love because

questions and that’s what I love because

questions and that’s what I love because I know if I’m getting tough questions in

I know if I’m getting tough questions in

I know if I’m getting tough questions in the pitch I’m going to get tough

the pitch I’m going to get tough

the pitch I’m going to get tough questions in the boardroom as well and

questions in the boardroom as well and

questions in the boardroom as well and not just the boardroom but every week I

not just the boardroom but every week I

not just the boardroom but every week I mean if a node emails me once a week

mean if a node emails me once a week

mean if a node emails me once a week about have you thought about this are

about have you thought about this are

about have you thought about this are you doing this and you know I know this

you doing this and you know I know this

you doing this and you know I know this person can I make an introduction here

person can I make an introduction here

person can I make an introduction here and it’s just very very useful so I’m

and it’s just very very useful so I’m

and it’s just very very useful so I’m looking for someone who I just love

looking for someone who I just love

looking for someone who I just love working with and I think you you have to

working with and I think you you have to

working with and I think you you have to set a very very high bar it’s not just

set a very very high bar it’s not just

set a very very high bar it’s not just about money or the firm it’s about the

about money or the firm it’s about the

about money or the firm it’s about the individual that you’re ultimately going

individual that you’re ultimately going

individual that you’re ultimately going to work with and people ask me all the

to work with and people ask me all the

to work with and people ask me all the time like you know what firms would

time like you know what firms would

time like you know what firms would would you suggest I go pitch and like

would you suggest I go pitch and like

would you suggest I go pitch and like find find the people that you really

find find the people that you really

find find the people that you really want to work with in those firms and if

want to work with in those firms and if

want to work with in those firms and if there’s someone that really you know

there’s someone that really you know

there’s someone that really you know just really resonates with you and you

just really resonates with you and you

just really resonates with you and you love and you love the idea of working

love and you love the idea of working

love and you love the idea of working with them focus on them and if it if it

with them focus on them and if it if it

with them focus on them and if it if it tests out to be to be the case great but

tests out to be to be the case great but

tests out to be to be the case great but I think you have to kind of treat it as

I think you have to kind of treat it as

I think you have to kind of treat it as like I’m adding this person to my team

like I’m adding this person to my team

like I’m adding this person to my team one of the biggest things that has

one of the biggest things that has

one of the biggest things that has helped me is learning how to become a

helped me is learning how to become a

helped me is learning how to become a better storyteller and the power of a

better storyteller and the power of a

better storyteller and the power of a story and by this I mean if you want to

story and by this I mean if you want to

story and by this I mean if you want to build a product and you want to build a

build a product and you want to build a

build a product and you want to build a product that is relevant to folks you

product that is relevant to folks you

product that is relevant to folks you need to put yourself in their shoes and

need to put yourself in their shoes and

need to put yourself in their shoes and you need to write a story from their

you need to write a story from their

you need to write a story from their side

side

side so we spend a lot of time writing what’s

so we spend a lot of time writing what’s

so we spend a lot of time writing what’s called user narratives of this user or

called user narratives of this user or

called user narratives of this user or this person is in the middle of Chicago

this person is in the middle of Chicago

this person is in the middle of Chicago and they go to a coffee store in the

and they go to a coffee store in the

and they go to a coffee store in the middle of Chicago and this is the

middle of Chicago and this is the

middle of Chicago and this is the experience they’re going to have it

experience they’re going to have it

experience they’re going to have it reads like a play it’s really it’s

reads like a play it’s really it’s

reads like a play it’s really it’s really really beautiful and if you do

really really beautiful and if you do

really really beautiful and if you do that story well then all of the

that story well then all of the

that story well then all of the prioritization all of the product all of

prioritization all of the product all of

prioritization all of the product all of the design and all the coordination that

the design and all the coordination that

the design and all the coordination that you need

you need

you need to do with these products just falls out

to do with these products just falls out

to do with these products just falls out naturally because you can edit the story

naturally because you can edit the story

naturally because you can edit the story and everyone everyone can relate to the

and everyone everyone can relate to the

and everyone everyone can relate to the story from all levels of the

story from all levels of the

story from all levels of the organization engineers to operations to

organization engineers to operations to

organization engineers to operations to support to designers to you know the

support to designers to you know the

support to designers to you know the business the business side of the house

business the business side of the house

business the business side of the house so that story is very very important for

so that story is very very important for

so that story is very very important for us and really constantly considering the

us and really constantly considering the

us and really constantly considering the story and what new twist and elements we

story and what new twist and elements we

story and what new twist and elements we need to add this story are a pretty big

need to add this story are a pretty big

need to add this story are a pretty big deal for us as well and we want to tell

deal for us as well and we want to tell

deal for us as well and we want to tell an epic story we want to solve a really

an epic story we want to solve a really

an epic story we want to solve a really big problem we don’t want to have a

big problem we don’t want to have a

big problem we don’t want to have a bunch of short stories strung together

bunch of short stories strung together

bunch of short stories strung together we want one epic cohesive story that we

we want one epic cohesive story that we

we want one epic cohesive story that we tell the world and both both Twitter and

tell the world and both both Twitter and

tell the world and both both Twitter and square are driving driving towards this

square are driving driving towards this

square are driving driving towards this goal it’s a number two good storytelling

goal it’s a number two good storytelling

goal it’s a number two good storytelling and writing stories for for the users

and writing stories for for the users

and writing stories for for the users who’s your favorite CEO entrepreneur

who’s your favorite CEO entrepreneur

who’s your favorite CEO entrepreneur that you would like to be a role model I

that you would like to be a role model I

that you would like to be a role model I always look up to uh Steve Jobs hi

always look up to uh Steve Jobs hi

always look up to uh Steve Jobs hi I know I know it’s a common one but I

I know I know it’s a common one but I

I know I know it’s a common one but I think that’s for a reason and I think

think that’s for a reason and I think

think that’s for a reason and I think he’s done some some amazing things he

he’s done some some amazing things he

he’s done some some amazing things he has is a great pacing okay mm-hmm you

has is a great pacing okay mm-hmm you

has is a great pacing okay mm-hmm you know there are a lot of horror stories

know there are a lot of horror stories

know there are a lot of horror stories mm-hmm he is a very opinionated person

mm-hmm he is a very opinionated person

mm-hmm he is a very opinionated person mm-hmm but he has a direction and he

mm-hmm but he has a direction and he

mm-hmm but he has a direction and he knows what he wants to do

knows what he wants to do

knows what he wants to do and he doesn’t yeah and he makes sure

and he doesn’t yeah and he makes sure

and he doesn’t yeah and he makes sure that when you know he’s not so good an

that when you know he’s not so good an

that when you know he’s not so good an area he recognizes it and he fills that

area he recognizes it and he fills that

area he recognizes it and he fills that area mm-hmm and that’s really important

area mm-hmm and that’s really important

area mm-hmm and that’s really important for any to do I think is to really

for any to do I think is to really

for any to do I think is to really recognize your weaknesses and and bring

recognize your weaknesses and and bring

recognize your weaknesses and and bring amazing people and bring people in that

amazing people and bring people in that

amazing people and bring people in that are much smarter and smarter than you

are much smarter and smarter than you

are much smarter and smarter than you yeah you know just create a creative

yeah you know just create a creative

yeah you know just create a creative work environment

”

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