Global Citizen’s Post

A successful business is one that sets out to change the way things are done and to people’s lives. Focus on people and process.

10 Lessons from the book The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley by Jimmy soni 1. PayPal demonstrated that you didn't have to be a big company to make a huge impact on the world. 2. PayPal was about trying to empower people to do things they couldn't do before - to enable commerce on a global scale. 3. One of the secrets to PayPal's success was its focus on solving real problems for real people. 4. PayPal was built on a foundation of innovation, agility, and a willingness to take risks. 5. PayPal's founders were not just interested in making money. They wanted to create something that would change the world. 6. PayPal was a startup that was constantly evolving, constantly improving, and constantly pushing the boundaries of what was possible. 7. PayPal's success was built on a culture of collaboration, transparency, and trust. 8. PayPal's founders were not afraid to challenge the status quo and disrupt traditional business models. 9. PayPal was a company that truly believed in the power of technology to transform lives, communities, and the world. 10. PayPal was more than just a company. It was a community of like-minded individuals who shared a common vision and a passion for making a difference. Save and share with your friends 😉 https://lnkd.in/eaZ_FjxJ Thanks for reading. Visit here for more 👉 https://lnkd.in/dmHSrFDz #Authenticleadership #people #love #art #culture #creativity #discipline #connectingconsciousness #knowledgesharing #criticalthinking #emotionalintelligence #awarness #truthandreconciliation #wakeupandmakeup #lovenature #selfimprovement #mentalresilience

Lessons from the book THE FOUNDERS 📚 The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley - 1. PayPal demonstrated that you didn't have to be a big company to make a huge impact on the world. 2. PayPal was about trying to empower people to do things they couldn't do before - to enable commerce on a global scale. 3. One of the secrets to PayPal's success was its focus on solving real problems for real people. 4. PayPal was built on a foundation of innovation, agility, and a willingness to take risks. 5. PayPal's founders were not just interested in making money. They wanted to create something that would change the world. 6. PayPal was a startup that was constantly evolving, constantly improving, and constantly pushing the boundaries of what was possible. 7. PayPal's success was built on a culture of collaboration, transparency, and trust. 8. PayPal's founders were not afraid to challenge the status quo and disrupt traditional business models. 9. PayPal was a company that truly believed in the power of technology to transform lives, communities, and the world. 10. PayPal was more than just a company. It was a community of like-minded individuals who shared a common vision and a passion for making a difference.

10 Lessons from the book THE FOUNDERS 📚 The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley - 1. PayPal demonstrated that you didn't have to be a big company to make a huge impact on the world. 2. PayPal was about trying to empower people to do things they couldn't do before - to enable commerce on a global scale. 3. One of the secrets to PayPal's success was its focus on solving real problems for real people. 4. PayPal was built on a foundation of innovation, agility, and a willingness to take risks. 5. PayPal's founders were not just interested in making money. 6. PayPal was a startup that was constantly evolving, constantly improving, and constantly pushing the boundaries of what was possible. 7. PayPal's success was built on a culture of collaboration, transparency, and trust. 8. PayPal's founders were not afraid to challenge the status quo and disrupt traditional business models. 9. PayPal was a company that truly believed in the power of technology to transform lives, communities, and the world. 10. PayPal was more than just a company. It was a community of like-minded individuals who shared a common vision and a passion for making a difference. Thanks for reading.. Kindly like and share.

In today's fast-paced AI and data-driven world, it's crucial to recognize and celebrate the transformative power of "diversity and inclusion" in the workplace. https://lnkd.in/e8eRJDbw

1. “I will not talk to you about anything else - except for the one task that I have set for you. And there’s no need to tell me about the successes you’ve achieved in something else,” Peter Thiel told employees when he was co-founder and CEO of PayPal. 2. The problem is that people tend to solve problems that they know how to solve 😉 Therefore, they usually start solving secondary problems instead of the most important ones. 3. Because the most important tasks are usually the most difficult. So people find something else easier that they can succeed at. And since the company is full of all sorts of things to do and tasks, something similar will definitely be found. 4. If you don’t put an employee in conditions in which he has nowhere to go except to solve the most important task, he will evade it with all his conscious and subconscious forces ☹️ 5. Do you want your startup to have a breakthrough? First, set only one main task for each employee. And secondly, don’t talk to him about anything else. 6. I wonder, is it possible to stop talking to yourself about everything that is not one main task that you have set for yourself? 😉 #productstory

10 Lessons from the book The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley by Jimmy soni 1. PayPal demonstrated that you didn't have to be a big company to make a huge impact on the world. 2. PayPal was about trying to empower people to do things they couldn't do before - to enable commerce on a global scale. 3. One of the secrets to PayPal's success was its focus on solving real problems for real people. 4. PayPal was built on a foundation of innovation, agility, and a willingness to take risks. 5. PayPal's founders were not just interested in making money. They wanted to create something that would change the world. 6. PayPal was a startup that was constantly evolving, constantly improving, and constantly pushing the boundaries of what was possible. 7. PayPal's success was built on a culture of collaboration, transparency, and trust. 8. PayPal's founders were not afraid to challenge the status quo and disrupt traditional business models. 9. PayPal was a company that truly believed in the power of technology to transform lives, communities, and the world. 10. PayPal was more than just a company. It was a community of like-minded individuals who shared a common vision and a passion for making a difference. Thanks for reading

PayPal's growth hack that paved the way for the PayPal Mafia 🚀 It wasn’t about transactions 💸 It was about adoption PayPal spent $70 million on the growth hack, here’s how ⬇️ Back in the early 2000s, PayPal did something revolutionary: - They paid people to join and refer others! 💰 - $20 for signing up and another $20 for each referral This offer later dropped down to $5 BUT This led to: - Led to 7-10% daily growth rate - Reached 100M users rapidly This strategy wasn't just clever, it was transformative. It inspired giants like Dropbox and Airbnb! 📈 What can we learn? 1. Innovation pays off 2. User acquisition is an investment 3. The right incentive can change everything Were you a part of the PayPal referral program? Share your experience below! 👇

In January, PayPal announced its decision to reduce its workforce, following a similar move in the previous year. https://lnkd.in/dJdW_arq #PayPalChanges #WorkforceReduction #BusinessOptimization #AICommerce #StrategicAdjustments #CorporateUpdates #InnovationInCommerce #PayPalTransformation #FutureOfWork

The most important lesson I've taken from John Donahoe (ex-eBay CEO) was his framework to drive change at a company. Back to that amazing talk at Stanford, John talked about how he had to change Paypal multiple times. However, change is not easy because people naturally oppose to change and discomfort and fight hard to protect the status quo. This makes it extremely hard to champion change especially when the business is apparently doing well. Despite this, here's his framework to do it: 1) Label the problem In John’s case with Paypal, the problem was that it wasn’t economically feasible for eBay to continue to be “niched” in auctions when most customers used eBay to buy all sorts of things. 2) Propose and justify the strategic solution The future was a simpler, more consumer friendly experience focused on mobile platforms. That was how consumers wanted to purchase goods online. This was the strategic solution. 3) Put the right people in the right place Everyone wants to be liked and John was no exception. But he had to accept that some people will not want to be part of the change and they won’t like you. They will not help, therefore they should leave. We need to be deliberate about our choices and only take on the journey those who want to. I found this simple framework to be fantastically insightful and useful. It’s a lesson I still keep close to me these days.