Just Go Grind #227: Danny Shader, Founder & CEO of PayNearMe, on Building a Company Processing Billions of Dollars for Clients Annually, the Impact Bill Campbell Had on His Life, and His Advice to His Younger Self
Danny Shader founded PayNearMe, Inc. in 2009 and currently serves as CEO. PayNearMe processes billions of dollars annually for over 5,000 clients in lending, property management, and more. PayNearMe originated as a real-time electronic cash transaction network, and today supports every form of payment – cards, ACH and mobile-first payment systems including Google Pay and Apple Pay, in addition to cash through our expanding network of over 27,000 retail stores.
Previously, Danny led Good Technology, Inc., which Motorola acquired in 2007 and Accept.com, the first consumer-to-consumer payment service, which Amazon.com acquired in 1999.
Danny earned a B.S. in Industrial Engineering and Operations Research from the University of California at Berkeley and an M.B.A. from Stanford University.
To learn more, visit PayNearMe https://home.paynearme.com/
Some of the Topics Covered by Danny Shader in this Episode
- What PayNearMe is doing today to help businesses
- How PayNearMe got started in 2009
- Why 7/11 became a partner in Danny's business
- How Danny's previous entrepreneurial experience influenced what he's done with PayNearMe
- Why PayNearMe bought and sold Prism
- How Danny looks at growing PayNearMe now after processing billions of dollars of payments per year
- Danny's approach to hiring and the 4 traits he looks for
- Danny's experience working with Bill Campbell, the legendary silicon valley
- How Danny decides which businesses to pursue
- Danny's advice to his younger self
- Danny's experience working with Jeff Bezos when his company was acquired by Amazon
- The swimming group that Danny started in his 40s and how it has impacted his life
- The importance of building a team with people who are smart, hard-working, have integrity and grit
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