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The Knowledge Project Podcast - 152 with Tobi Lütke - Calm Progress (fs.blog/knowle...)
Celebrated entrepreneur and Shopify co-founder and CEO Tobi Lütke discusses how Shopify endured through the COVID-19 pandemic, why he’s so optimistic about the future, the differences between founders and CEOs, how his job has changed as Shopify has grown over the years, how to fight bureaucracy, how he thinks about innovation in a large company, and how he manages to keep his head when everyone else is losing theirs, among other topics.
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00:00 - Intro
01:04 - How to lead through troubles
03:05 - Maintaining focus through chaos
09:33 - CEO vs. founders
18:28 - Taking risks
24:50 - On hiring vs. promoting talent
31:13 - How to fight bureaucracy in a company
40:36 - How Tobi thinks about compensation
46:03 - What businesses can learn from programming
01:01:42 - Why Tobi loves technology
01:04:37 - On leveraging technology
01:08:17 - Does tech make us more productive?
01:13:50 - On accurate vs. useful ideas
01:16:30 - On identity and status
01:22:56 - How to stay calm through the chaos
01:27:33 - How Tobi thinks about second and third-order effects of decisions
01:38:22 - Rapid grants
01:41:07 - “Future-forecasting” decisions in a company
01:47:36 - Tobi’s thoughts on conformity
01:54:06 - Tobi’s thoughts on the Infinite Game
02:06:46 - How Tobi fixed his sleep
02:18:03 - What Tobi used to spend time on that’s now wasteful
02:25:45 - What technology Tobi is most excited about
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Like the mentor you’ve always dreamed of having, The Knowledge Project shares timely yet timeless lessons for work and life. Past guests include Naval Ravikant, Daniel Kahneman, Jim Collins, Angela Duckworth, Seth Godin, Melanie Mitchell, & Esther Perel.