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

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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