456: How to Build an Unbeatable Business with Square Co-Founder Jim McKelvey

Jim McKelvey was a glassblower when he created the idea for the payment platform Square (now Block, Inc.). He was furious that he couldn’t accept certain credit cards as an artist and contacted a former colleague and Twitter co-founder Jack Dorsey to solve the problem. What took three weeks to build became a three-year journey of creating Square into a banking disruptor inspired by McKelvey’s frustrations. In the 15 years since McKelvey teamed up with Dorsey, Square has grown into a billion-dollar business and beat the world’s best company at absorbing startups—Amazon. Listen to Nathan and Jim discuss: Hitting it off with Dorsey when he was his summer intern Realizing how many laws they were breaking with Square Convincing the banking industry to accept Square Taking on Amazon and winning Researching unbeatable companies throughout history Why he wrote the book The Innovation Stack How to pitch a product Why it’s better to copy than innovate His new foundr course Plus, excerpts from our live community event And much more innovation advice... Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode. Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs. Speak with our friendly course experts to get clarity on the next steps for your idea, business or career. You will get tailored insights from results achieved by our proven practitioners as well as thousands of students. Book a call now... For more Foundr content, follow us on your favorite platform: Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine