Square’s Jim McKelvey On The Messy Business Of Becoming A World-Changing Entrepreneur

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For a long time, Jim McKelvey – co-founder of Square and now the chairman of the St. Louis Federal Reserve — felt like his career was a “dumpster fire.”

serves two good purposes. First, it breaks down the process of innovation in a new way. Second, it’s a lightly written, somewhat comforting guidebook to the discomforting reality of entrepreneurial life. “If you’re making a journey, and it's going to be rough, scary and sort of fraught, it's a little bit comforting to know that at least it's supposed to be a dangerous journey, right?” he said.breaks down the process of innovation in a new way.

At the time, banking was a service reserved for elite New Yorkers. Small business owners, women and farmers were among the groups left out of the financial system, and forced into the hands of loan sharks.

 

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Always thought it was jack that founded Square.

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