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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