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LST #69: Jimmy Soni || The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley


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Learn Speak Teach Episode #69 with Jimmy Soni


Full Show Notes At: https://realbusinessconnections.com/episode/jimmy-soni/


Watch The Episode on Youtube: https://youtu.be/vCK2NeR-QBY

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During this episode, you will learn about:

[04:08] Get to know our guest; Jimmy Soni  

[05:30] Surprising finding that Jimmy discovered while researching for his book; The Founders

[08:50] What inspired Jimmy to write The Founders?

[12:21] Jimmy’s first move in writing his book

[19:18] The power of peer groups and how to find the right peer group

[25:15] The backstory that led Jimmy to become a curious person

[30:53] The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley

[31:19] The meaning of “PayPal-Mafia”

[35:22] Elon Musk’s fascination with the letter ‘X’

[37:45] Why Confinity Inc. merged with X.com to form PayPal 

[42:04] The unique culture at PayPal that set its founders up for success

[44:44] Why PayPal succeeded when so many other Startups failed 

[47:19] How to support and connect with Jimmy Soni

Get a copy of The Founders: https://bit.ly/420w1LR

Twitter: https://twitter.com/jimmyasoni

[48:32] Rapid Fire Round 

[52:56] Grab a copy of The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley

  

Key Takeaways:  

• “The role of peer groups is more powerful than mentors.”~ Jimmy Soni [17:18]

• “It does help to try to choose peers and friends who are the kind of people you aspire to be.”~ Jimmy Soni [20:39]

• When starting a company, you don't need to have a road up. [42:33]

• When you are starting a company, your answer is wrong, and what you do is you course correct and improve to figure out the right answer. [43:25] 

• Don’t spend so much time believing your plan must be perfect. PayPal is a classic example of a plan that had to change a lot to succeed. [43:55]


People Mentioned and Other Resources:

1. The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley: https://bit.ly/420w1LR

2. Elon Musk: https://en.wikipedia.org/wiki/Elon_Musk

3. Peter Thiel: https://en.wikipedia.org/wiki/Peter_Thiel

4. Reid Hoffman: https://en.wikipedia.org/wiki/Reid_Hoffman

5. Max Levchin: https://en.wikipedia.org/wiki/Max_Levchin

6. David O. Sacks: https://en.wikipedia.org/wiki/David_O._Sacks


Keep In Touch with Jimmy Soni:

Website: https://jimmysoni.com/

LinkedIn: https://www.linkedin.com/in/jimmysoni/

Instagram: https://www.instagram.com/jimmyasoni/

Twitter: https://twitter.com/jimmyasoni


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Website:  https://www.realbusinessconnections.com/

LST is made possible by www://balbertmarketing.com/


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This feed is JUST LEARN SPEAK TEACH EPISODES. To listen to all of our episodes from "Real Business Connections," search 'Real Business Connections' on your podcast player, or head to www.RealBusinessConnections.com



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Learn Speak TeachBy Ben Albert of Real Business Connections