Jim McKelvey, co-founder of Square and author of "The Innovation Stack," discusses his entrepreneurial journey and the importance of innovation and resilience in business. He shares insights on customer loyalty shaped by chaos, using real-world examples from Starbucks and Delta. McKelvey also explores the concept of micropayments through his project Invisibly, empowering users in the digital economy. He reflects on his evolution from hands-on leadership to mentorship, emphasizing collaboration, and the need for fair compensation for creators in an evolving landscape.

Jim McKelvey, co-founder of Square, is a tech pioneer and author known for his innovative approach to business. In this engaging conversation, he reveals how Square not only thrived against Amazon but redefined digital payments. Jim delves into the concept of the 'innovation stack' and shares strategies for overcoming challenges and competition. He also explores the emotional complexities of entrepreneurship, addressing the balance of wealth and vulnerability. With insights on navigating the future of digital payments, his wisdom is a treasure for any aspiring innovator.

Jim McKelvey, co-founder of Square and chair of the St. Louis Fed, dives into the current economic climate shaped by high inflation and global uncertainty. He debates the Fed's next moves amidst geopolitical strains, like the Ukraine conflict. McKelvey shares his risk-tolerance philosophy, emphasizing how failure can fuel innovation. He reveals why his new startup won’t utilize blockchain and teases an upcoming SXSW panel about empowering individuals in the evolving data economy with solutions like the Invisibly platform.