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#32 Earning Your Stripes with Patrick Collison. On this episode of the Knowledge Project Podcast, I chat with Patrick Collison, co-founder and CEO of the leading online payment processing company, Stripe. If you’ve purchased anything online recently, there’s a good chance that Stripe facilitated the transaction. What is now an organization with over a thousand employees and handling tens of billions of dollars of online purchases every year, began as a small side experiment while Patrick and his brother John were going to college. During our conversation, Patrick shares the details of their unlikely journey and some of the hard-earned wisdom he picked up along the way. I hope you have something handy to write with because the nuggets per minute in this episode are off the charts. Patrick was so open and generous with his responses that I’m really excited for you to hear what he has to say. Here are just a few of the things we cover: The biggest (and most valuable) mistakes Patrick made in the early days of Stripe and how they helped him get better The characteristics that Patrick looks for in a new hire to fit and contribute to the Stripe company culture What compelled he and his brother to move forward with the early concept of Stripe, even though on paper it was doomed to fail from the start The gaps Patrick saw in the market that dozens of other processing companies were missing — and how he capitalized on them The lessons Patrick learned from scaling Stripe from two employees (he and his brother) to nearly 1,000 today How he evaluates the upsides and potential dangers of speculative positions within the company How his Irish upbringing influenced his ability to argue and disagree without taking offense (and how we can all be a little more “Irish”) The power of finding the right peer group in your social and professional circles and how impactful and influential it can be in determining where you end up. The 4 ways Patrick has modified his decision making process over the last 5 years and how it’s helped him develop as a person and as a business leader (this part alone is worth the listen) Patrick’s unique approach to books and how he chooses what he’s going to spend his time reading ...life in Silicon Valley, Baumol’s cost disease, and so, so much more. Patrick truly is one of the most warm, humble and down to earth people I’ve had the pleasure to speak with and I thoroughly enjoyed our conversation together. I hope you will too! *** For comprehensive show notes on this episode, including a full edited transcript, go to https://www.fs.blog/podcast/ My free weekly Brain Food digest helps you upgrade your thinking. Don't miss out, sign up at https://www.fs.blog/newsletter/ Follow Shane on Twitter (https://twitter.com/farnamstreet)
Airbnb's Brian Chesky in Handcrafted. If you want your company to truly scale, you first have to do things that don't scale. Handcraft the core experience. Get your hands dirty. Serve your customers one-by-one. And don't stop until you know exactly what they want. That's what Brian Chesky did. As CEO of Airbnb, Brian’s early work was more akin to a traveling salesman. He takes us back to his lean years – when he went door-to-door, meeting Airbnb hosts in person – and shares the imaginative route to crafting what he calls an "11-star experience.”
#107: The Scariest Navy SEAL I've Ever Met...And What He Taught Me. Jocko Willink (@jockowillink) is one of the scariest human beings imaginable. He is a lean 230 pounds. He is a Brazilian jiu-jitsu expert who used to tap out 20 Navy SEALs per workout. He is a legend in the Special Operations world. His eyes look through you more than at you. He rarely does interviews, if ever. But a few weeks ago, Jocko ended up staying at my house and we had a caffeinated mind meld. Here's some background... Jocko enlisted in the Navy after high school and spent 20 years in the SEAL Teams, first as an enlisted SEAL operator and then as a SEAL officer. During his second tour in Iraq, he led SEAL Task Unit Bruiser in the Battle of Ramadi--some of the toughest and sustained combat in the SEAL Teams since Vietnam. Under his leadership, Task Unit Bruiser became the most highly decorated Special Operations Unit of the entire war in Iraq and helped bring stability to Ramadi. Jocko was awarded the Bronze Star and a Silver Star. Upon returning to the United States, Jocko served as the Officer-in-Charge of training for all West Coast SEAL Teams, designing and implementing some of the most challenging and realistic combat training in the world. So why is Jocko opening up? Well, in part, we have mutual friends. Second, he is the co-author of an incredible new book — Extreme Ownership: How U.S. Navy SEALs Lead and Win -- which I've been loving. Trust me. Buy it. This is his first mainstream interview and one you won't want to miss. Show notes and links for this episode can be found at www.fourhourworkweek.com/podcast. This podcast is brought to you by Wealthfront. Wealthfront is a massively disruptive (in a good way) set-it-and-forget-it investing service, led by technologists from places like Apple and world-famous investors. It has exploded in popularity in the last 2 years, and now has more than $2.5B under management. In fact, some of my good investor friends in Silicon Valley have millions of their own money in Wealthfront. Why? Because you can get services previously limited to the ultra-wealthy and only pay pennies on the dollar for them, and it’s all through smarter software instead of retail locations and bloated sales teams Check out wealthfront.com/tim, take their risk assessment quiz, which only takes 2-5 minutes, and they’ll show you—for free–exactly the portfolio they’d put you in. If you want to just take their advice and do it yourself, you can. Or, as I would, you can set it and forget it. Well worth a few minutes: wealthfront.com/tim. Mandatory disclaimer: Wealthfront Inc. is an SEC registered Investment Advisor. Investing in securities involves risks, and there is the possibility of losing money. Past performance is no guarantee of future results. Please visit Wealthfront dot com to read their full disclosure. This podcast is also brought to you by 99Designs, the world’s largest marketplace of graphic designers. Did you know I used 99Designs to rapid prototype the cover for The 4-Hour Body? Here are some of the impressive results. Click this link and get a free $99 upgrade. Give it a test run...
Placebo power. The placebo effect demonstrates that the mind-body interaction can be powerful. Placebos can turn on the body’s natural biological processes to relieve a range of conditions, and in the future deception may not even be necessary.
Rank #1: It's Chocolate O'Clock. Today, we have a show that may make your mouth water — it's about the Bay Area’s long history of chocolate connoisseurs. And, we’ll meet local artisans who are changing the way we consume it.
Rank #2: Alameda Housing Development / Safe Parking For People Living In RVs / Muni's Oldest Streetcar. First up, a big development planned in Alameda and we’ll hear about how residents feel about it. Then, San Francisco is designating a parking lot where people living without homes can sleep. And, how Muni’s oldest streetcar survived the chopping block.
Rank #1: Binah: David Brooks. New York Times op-ed columnist David Brooks talks about moving from material gain to spiritual satisfaction, to focus on building character rather than attaining status. His new book is The Second Mountain: The Quest for a Moral Life .
Rank #2: Binah: Cowgirl Creamery’s Sue Conley and Peggy Smith with Albert Straus and Margo True. Sue Conley and Peggy Smith share the story of Cowgirl Creamery and discuss everything from cheese making to the relationship between farmer and producer. They’re joined in conversation by Straus Family Creamery’s Albert Straus and Sunset magazine’s Margo True.
Rank #1: Work with Marty Nemko, 8/8/19: What's it really like to be a detective?. On the Aug 8, 2019 edition of Work with Marty Nemko , I talk with retired detective Vic Ferrari, author of NYPD: Through the Looking Glass at America's Largest Police Department.
Rank #2: Work with Marty Nemko, 7/18/19: Working Together With Your Romantic Partner. On the July 18, 2019 edition of Work with Marty Nemko , my wife Barbara Nemko and I, who have worked together often, discuss what works and doesn't.
Rank #1: Minds Over Matter - 5/19/19. Moderator Dana Rodriguez is joined this week by the San Francisco Chronicle' Music Critic, Joshua Kosman, and teacher/cinematographer Cameron Shaw.
Rank #2: Minds Over Matter - 8/4/19. Moderator Dana Rodriguez is joined this week by technical editor Kira Pace and professor Laurie Fischer.
Rank #1: Marijuana Law and YOUR Workplace. Three years after passage of CA Proposition 64, we have marijuana legalization. What does all this mean at work? Courtesy of Labor and Employment Law Section of the California Lawyers Association, Jeff welcomes Jonathan Judge and Danielle Lucido. Jonathan Judge , advises employers in various labor and employment law matters, including drug testing, mass layoffs (WARN), disparate impact analysis, immigration compliance, trade secrets, privacy, technology in the workplace, piece rate compensation, municipal and state sick leave, local, state and federal minimum wage law, and the Patient Protection and Affordable Care Act (PPACA). Danielle Lucido is Chief Counsel at Engineers and Scientists of California, IFPTE Local 20, in Oakland, CA. Host Jeff Hayden, Certified Criminal Law Specialist, CA Board of Legal Specialization, State Bar of California, is a Member of the Criminal Law Section of the California Lawyers Association. Questions for Jeff's & his guests? Please call toll-free 866
Rank #2: Bankruptcy: Yes or No?. Bankruptcy: yes or no? YLR host Jeff Hayden welcomes Leon Bayer, live via telephone from Los Angeles. Mr Bayer is Bankruptcy Law Specialist, certified by the California Board of Legal Specialization, State Bar of California, and he is co-author of THE NEW BANKRUPTCY: WILL IT WORK FOR YOU? published by Nolo: www.nolo.com/law-authors/leon-bayer.html. Your own questions right now go straight to Leon and Jeff, so please call us toll-free, 866-798-8255.
Rank #1: City Visions: Bay Area author Vanessa Hua on immigration, motherhood, and the American Dream. Host Ethan Elkind sits down with the author and San Francisco Chronicle columnist.
Rank #2: City Visions: A New Age of Space Exploration. It's a New Age of Space Exploration. NASA is preparing for another manned trip to the moon. New technologies will be tested there in order to plan a much longer trip to Mars. Scientists are figuring out how to grow food, fuel, and pharmaceuticals in space.
Rank #1: Rising Up In the Streets: Report From the Global Climate Strike. This is a special report from Pershing Square in downtown Los Angeles where thousands of climate activists including school kids took the day off from school and work on September 20th to strike for the climate. Around the US and the world climate strikers in thousands of cities are demanding action on climate change from their political leaders. You’ll hear some of the voices of the Global Climate Strike as part of our series Rising Up in the Streets.
Rank #2: What To Expect at the UN Climate Meeting After the Climate Strike. FEATURING SVEN HARMELING – Friday’s global climate strike is timed to come just ahead of a major United Nations climate meeting. On September 23rd at the UN headquarters in New York city, country representatives will make their pledges to curb carbon emissions. To his credit UN Secretary General Antonio Guterrez has decided to exclude from presentations those nations building new coal plants such as Japan, South Korea and South Africa. Additionally, the US will be left out because of its undermining of the Paris Accord, Brazil because of President Jair Bolsonaro’s assault on the Amazon rain forest, and Saudi Arabia for its relentless promotion of petroleum.Swedish teen activist Greta Thunberg will address the UN General Assembly and is leading the New York climate strike. Just days ago she testified in front of several Senate and House panels alongside American youths about the importance of taking climate action. For more information visit www.careclimatechange.org.Sven Harmeling, CARE’s Global Policy Lead on Climate Change and Resilience.
Rank #1: NEW: Santa Rita Series – Audit Ahern Campaign seeks to hold Sheriff Ahern accountable following 36 in-custody deaths and evidence of systemic white supremacy; Plus: Assembly Bill 1492 could establish CA rent control. [playlist ids="320080,320078,320081,320079"]0:08 - Candice Elder (@PortiaElder ) is the founder and executive director of the East Oakland Collective. She joins to discuss recent evictions from Oakland homeless encampments.0:20 - California Assembly bill AB 1482 could expand rent control and establish a rent cap for apartment buildings older than 15 years in California. Carroll Fife is the Director of Alliance of Californians for Community Empowerment in Oakland and San Francisco.Christina Livingston is the Executive Director of Alliance of Californians for Community Empowerment. 0:34 - A Sikh man was stabbed to death in Tracy; Our guest Megan Daly works with U nited Sikh s , the organization representing the family of Parmjit Singh, the man who was stabbed to death in Tracy, CA.0:45 - Santa Rita Series - Audit Ahern CampaignHost Cat Brooks continues her Santa Rita Series with an exclusive look into the Audit Ahern Campaign  headed by the Ella Baker Center for Human Rights, an effort to audit Sheriff Greg Ahern, who has overseen the mysterious deaths of 80 inmates as Sheriff of the Santa Rita Jail for 7 years. Jose Bernal (@Jose_Bernal415 ) of the Ella Baker Center for Human Rights  and Amber Akemi Piatt (@amberakemipiatt ) from Health instead of Punishment  join to discuss the Sheriff's record and the campaign against him. https://twitter.com/PortiaElder https://www.acceaction.org/ https://unitedsikhs.org/ https://unitedsikhs.org/ https://unitedsikhs.org/ https://ellabakercenter.org/get-involved/save-money-save-lives--audit-sheriff-ahern https://twitter.com/Jose_Bernal415 https://ellabakercenter.org/ https://twitter.com/amberakemipiatt https://humanimpact.org/about-us/key-initiatives/health-instead-of-punishment/
Rank #2: UK in chaos after loss of conservative majority and possibility of Brexit delay; Plus: 2020 presidential climate change town hall reveals candidate plans for the environment. 0:08 - Samantha L. Montano (@SamLMontano ) is an Assistant Professor of Emergency Management & Disaster Science, University of Nebraska Omaha. She runs the website “disasterology” and joins to discuss FEMA's level of preparedness for Hurricane Dorian. 0:34 - CNN held a 7-hour 2020 Presidential Town Hall on September 5 with all of the candidates. Sean McElwee (@SeanMcElwee ) joins; he is the co-founder of Data for Progress , which has been sketching out the policy elements of a Green New Deal, polling them, and scoring candidates on their climate plans.1:08 - Chaos has erupted in the UK over Prime Minister Boris Johnson's impending Brexit deal. David Henig (@DavidHenigUK ) is Director of the UK Trade Policy Project at the European Centre for International Political Economy  (ECIPE). He joins us via Skype, from Parliament in London. 1:22 - Vivian Ho (@VivianHo ) is a former SF Chronicle reporter. her new book is Those Who Wander: America’s Lost Street Kids.  https://twitter.com/samlmontano?lang=en https://twitter.com/SeanMcElwee https://www.dataforprogress.org/ https://twitter.com/DavidHenigUK?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor https://ecipe.org/uk-trade-policy-project/ https://twitter.com/VivianHo?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor https://www.goodreads.com/book/show/42846031-those-who-wander
Rank #1: Jack Kerouac: The Man, The Myth, And The Controversy Over His Estate. Guest: Gerald Nicosia, journalist, and author of several books including Memory Babe and his latest Kerouac: The Last Quarter Century.
Rank #2: The Migrations That Formed Europe and Its Backlash. Guest: Peter Gatrell is a renowned historian of modern migration and a professor of economic history at the University of Manchester. He is the author of the book The Unsettling of Europe: How Migration Reshaped a Continent.
Rank #1: Flashpoints – September 6, 2019. An award winning front-line investigative news magazine, that focuses on human, civil and workers right, issues of war and peace, Global Warming, racism and poverty, and other issues. Hosted by Dennis J. Bernstein.
Rank #2: Cannabis in California: The Roll Out Series Continues. Today on the program, we continue our multi part series on cannabis in California: The rollout, the current ups and downs and the multiple impacts of extreme tax, packaging and government micro control
Rank #1: The Crossroads of Medical Ethics, Human Rights, and Religion. Show #115 | Guests: Phyllida Burlingame, Reproductive Justice Policy Director with the Northern California ACLU. Burlingame’s a nationally recognized expert on sex education advocacy, and she has led the ACLU-NC’s work on this issue since 2001. A summa cum laude Harvard graduate, she is the steering committee chair of Bay Area Communities for Health Education and a member of California’s Adolescent Sexual Health Working Group and the Fresno Regional Foundation’s Teen Pregnancy Prevention committee. David DeCosse is Director of Campus Ethics Programs, Markkula Center for Applied Ethics at Santa Clara University and editor of a new book from Orbis called Conscience and Catholicism: Rights, Responsibilities, and Institutional Responses where leading ethicists and theologians address “conscience,” a term with loaded meaning and controversy in the Catholic Church around issues like political participation, human sexuality, war and institutional violence, and theological dissent. | Show Summary: This month, a California court upheld the right of Dignity Health hospitals to withhold health treatments that conflict with its Catholic standards. The ACLU plans to appeal. And Washington state law requiring pharmacists to dispense prescriptions regardless of their personal convictions may be headed to the Supreme Court. What happens when the rights of a patient - usually a woman - conflict with the moral standards of the individual charged with her medical care?
Rank #2: Wesley Yang – The Souls of Yellow Folk. Show #228 | Guest: Wesley Yang | Show Summary: From the “Tiger Mother” to take-out, Asian-American culture is so deeply entrenched in our understanding of the American fabric, we sometimes don’t know we’re talking about it when we’re talking about. Collecting a decade’s worth of essays, from his award-winning analysis of the Virginia Tech murderer to his cult classic looks at mandarin zombies, pickup artists, and immigrant strivers, Wesley Yang’s highly anticipated new book, The Souls of Yellow Folk is a watershed of engaging and provocative new perspectives on what it truly means to have and hold an American Dream.
Rank #1: The Pacifica Evening News, Weekdays – September 5, 2019. Comprehensive coverage of the day’s news with a focus on war and peace; social, environmental and economic justice. One acquittal, one hung jury in Ghostship warehouse fire trial Judge rules U.S. terrorist watchlist unconstitutional Immigrant rights advocates rally against private prison detaining undocumented immigrants Central Valley Blueprint for dams and Delta water diversions criticized Protests in San Francisco join international day of action for the Amazon Climate Justice advocates pressure CALSTRS to divest from fossil fuels
Rank #2: The Pacifica Evening News, Weekdays – August 30, 2019. Comprehensive coverage of the day’s news with a focus on war and peace; social, environmental and economic justice.
Rank #1: Sandip Roy294: Queen Harish. When Queen Harish came on stage you could not look away.
Rank #2: Sandip Roy 292: The Greatest Experiment. India has a new government.
Rank #1: [Stephen Bezruchka] Economic Inequality Kills. Given that people in the U.S. spend more money on health care than the rest of the world combined, then logic would dictate that we have the best health outcomes. Well, we don’t. Why? Increasing evidence from epidemiologists— the scientists who study the health of populations — indicates that everything from life expectancy to infant mortality to obesity, can be linked to the level of economic inequality within a given population. Almost a quarter of U.S. families live in poverty, the highest of all rich nations. Poor health and poverty go hand-in-hand. Checkups are deferred. Pain is endured. People engage in wishful thinking, i.e., maybe that numbness in my foot will just go away. Single payer universal health care would go a long way toward addressing our absurdly expensive health care system and reducing the number of unnecessary early deaths.
Rank #1: Katrina Vanden Heuvel in conversation (Jan 14, 2011 broadcast). From http://en.wikipedia.org/wiki/Katrina_vanden_Heuvel: Katrina vanden Heuvel is the editor, publisher, and part-owner of the magazine The Nation.
Rank #2: Amy Sedaris in conversation (Jan 9, 2011 broadcast). From http://en.wikipedia.org/wiki/Amy_Sedaris: Amy Sedaris is an American actress, author, and comedian. She is known for playing the character Jerri Blank in the Comedy Central television series Strangers with Candy. Sedaris regularly collaborates with her older brother, humorist and author David Sedaris. She is a frequent guest on The Late Show with David Letterman.