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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 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

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

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.

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

PayPal, Stripe, or Square don’t care if they lose your business. Outgrow their basic services? They’ll just shut down your account. There’s always new startups for them to work with. When you start making above $100K a month, you need: ✔️More processing power ✔️ Custom payment features ✔️Proactive support that resolves issues before they become bigger problems And these are things generic payment processors just can’t handle. When you’re leveling up your business, we’re your next big step. At JJS Global, we specialize in understanding and addressing your growing pains. And we’re invested in your continuous growth and success. Our clients aren’t at the starting line-- and that’s okay. We like working with businesses at a pivotal point of growth acceleration-- often processing between $75K to $150K per month. We’re not just going to help you avoid transaction limits. We’re your strategic move to support your expansion. So if you’re noticing the cracks in your payment processing setup, it’s time to partner with a grown up payment processor that can handle your business needs. #PaymentProcessing #PaymentSolutions #BusinessGrowth

From Dorm Rooms to Fortune 500! Let’s understand PayPal's Game-Changing Journey! PayPal's evolution is nothing short of extraordinary. Back in 1998, Max Levchin, a determined grad student, found himself at a crossroads in Silicon Valley. With just a few startups and a meeting with Peter Thiel under his belt, Max embarked on a new venture: Confinity. What began as a project for secure online libraries soon pivoted into something greater – a platform for storing and transferring money. And thus, PayPal was born. With Peter Thiel and Max Levchin at the helm, PayPal began to take shape. They welcomed Luke Nosek aboard, whose innovative idea of offering financial incentives for sign-ups fueled PayPal's early growth. Targeting eBay sellers proved to be a strategic move, as they sought to revolutionise online transactions. With their first customers on board, PayPal was officially launched in 1999. The journey wasn't without its challenges. Competing in a crowded market, PayPal faced stiff competition, including from Elon Musk's X.com. However, strategic mergers and bold decisions propelled PayPal forward. Despite internal conflicts, PayPal persevered, eventually going public in 2002. The turning point came when eBay came knocking. Despite initial reluctance, PayPal struck a deal, paving the way for its integration into eBay's vast marketplace. This partnership launched PayPal to new heights, solidifying its position as a leading online payment solution. As PayPal continued to innovate, its founders pursued new ventures, leaving the company in capable hands. Under the leadership of Scott Thompson, David Marcus, and Daniel Schulman, PayPal expanded its reach, embracing mobile payments and global partnerships. Of course, no success story is without its setbacks. From hacker attacks to executive turmoil, PayPal weathered its fair share of challenges. Yet, through resilience and innovation, PayPal emerged stronger than ever. Today, PayPal stands as a testament to the power of perseverance and innovation. With annual revenues exceeding $17 billion, PayPal continues to shape the future of digital finance. As they say, success is not just about having the right idea – it's about timing, people, and knowledge. And PayPal has certainly mastered them all. What do you think about Paypal’s success? Let me know in the comments below! 💬👇 #paypal #success #successstories #startups #linkedin #linkedinlearning #solesco #solescontent #fintech

Zero to One 2/14 Days Chapter"Party Like It's 1999" Explored the internet boom of the '90s and delved into the business history of that era. PAYPAL's business strategy elucidates how they effectively attracted customers and gained insights into the significance of gift vouchers and referrals. The DOT COM crash imparted four key lessons: 1. Embrace Incremental Advances: Recognize that small, incremental steps constitute the safest path forward. 2. Maintain Lean and Flexible Approaches: Approach entrepreneurship as a form of agnostic experimentation, emphasizing adaptability. 3. Enhance Competitiveness: Avoid attempting to create a new market prematurely; instead, concentrate on improving upon existing competition. 4. Prioritize Product over Sales: Acknowledge that technology primarily revolves around product development, emphasizing its significance over distribution. #entrepreneurialjourney #mghealthtech #bookreading

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! 👇

Former PayPal CEO Dan Schulman's last official day as CEO was Sept. 26, 2023, almost nine years after the then top exec at American Express took the top gig. Schulman handed his reins to former Intuit exec Alex Chriss, 46, after a lengthy search. With this transition, Schulman is now taking a moment to reflect on his leadership resume. "I really don't have any regrets," Schulman told me in a new episode of Yahoo Finance's “Lead This Way.” "I would have regrets if I wasn't making decisions, if I had felt like, 'OK I need to be really cautious now and not make difficult decisions,'" Schulman added. “But I think as leaders, you need to be quietly confident in your ability to take in as many facts as you can. You'll never have all the information you need, but you must make decisions and move forward.” Before PayPal, Schulman served in big-time leadership roles at AT&T, American Express, and Priceline. He even helped launch Virgin Mobile with Sir Richard Branson shortly after the Sept. 11 terrorist attacks. The billionaire entrepreneur reaffirmed to him what it means for leaders to take risks and be bold, Schulman said. But no doubt his leadership legacy will be closely aligned with his time atop PayPal. And rightfully so. Read more: https://yhoo.it/3RLx7HN #yahoofinance #finance #business #leadersip #leaders