The Way I Heard It with Mike Rowe
Hosted by Mike Rowe
Written by a model from the transcript; not yet reviewed.
This episode features a conversation between the host and entrepreneur Jim McKelvey, recorded live at Brush Creek Lodge in Wyoming. The discussion centers on McKelvey's accidental path to co-founding Square, his background as a professional glass blower, and his theories on innovation as detailed in his book, The Innovation Stack. Throughout the episode, the two explore the parallels between artistic endeavors and building world-changing technology, the challenges of self-promotion, and the looming threat of artificial intelligence replacing genuine human effort.
Mike Rowe introduces Jim McKelvey and explains how the payment device Square was born from a glassblower’s frustration with American Express.
Jim explains how a $2,000 missed sale led to the idea of a mobile card reader, the founding of Square, and the unmet need in small‑business payments.
Jim recounts his background as a glassblower, the challenges he faced, and how those experiences shaped his approach to product development.
Jim and Mike debate authenticity versus artificiality in art, music, and business, highlighting the challenges posed by AI-generated content.
The episode concludes with final thoughts on innovation, authenticity, and the future of technology, leaving listeners with actionable insights.
The conversation opens with a reflection on spontaneous media encounters and the lack of a prepared agenda, setting a tone of candidness.
The speakers discuss a design philosophy that starts with the desired outcome and works backward, citing a famed hotelier as an example.
They share feelings of self-doubt when attending elite gatherings, highlighting the tension between expertise and humility.
Jim recounts his research on innovation, his meeting with Herb Keller, and how Keller’s insights shaped the narrative of his book.
Jim explains the evolution of his book’s format, moving from a graphic novel to a grounded story that honors real innovators.
The dialogue turns to the role of serendipity in success, with Jim emphasizing that timing and partnership often outweigh skill alone.
A vivid anecdote illustrates how precise timing, not just technique, is crucial in creative endeavors, drawing parallels to business innovation.
The guest explains how the original guru who built Square's data centers was pulled from a top porn site because they already knew how to handle massive web traffic.
Glass Blower to Technologiststory
The guest recounts how quitting a startup run by a crook left him broke, forcing him to rely on his college glass-blowing hobby to make rent.
The Power of Trustinsight
The guest shares an insight from glass blowing about teamwork, explaining how working with a trusted assistant allows him to focus without wasting mental energy.
Building a Personal Paywallstrategy
The guest explains his strategy for fighting AI spam by developing Mail Wall, a personal paywall that charges senders a tiny fee to reach his inbox.
Failing Fast and Iteratinginsight
The guest explains that when operating outside of known human knowledge, your only resource is the ability to fail fast and iterate.
Cold Calling Herb Kelleherstory
The guest describes cold-calling Southwest Airlines founder Herb Kelleher to test his unorthodox theories on innovation against a living legend.
The Master Glass Blower's Lessonstory
The guest shares a story about studying with master glass blower Lino Tagliapietra, who taught him that success depends on timing rather than just technique.
“Jim McKelvey invented Square, the payment mechanism that basically turns your iPhone into a credit card reader.”
“I got pissed off, picked up my iPhone and called Jack and I said, "Hey, I want my iPhone to magically turn into a credit card machine."”
“The idea's been told, or the story's been told a lot, which is that I was working as a glass blower, selling stuff nobody needs, lost a sale because I couldn't take an Amex card.”
“Good is the enemy of great, and I believe that.”
“Always began at the end. Always know, you don't need to know how you're gonna start.”
“The only time he didn't win was in Square's case.”
“In glass, timing is really important because if the glass is too hot when you drop it, it'll take the shape and then it'll ooze out.”
“You don't question Lino. When Lino says something, you don't say, oh, maybe it's, no, you just say, yes, maestro.”
Jim McKelvey https://www.jimmckelvey.com/ is an entrepreneur, innovator, computer engineer, and master glassblower who helped build a billion-dollar company. That's not the usual career path, but then, Jim McKelvey isn't your usual entrepreneur. The co-founder of Square, along with Jack Dorsey, McKelvey turned a frustrating experience in his glass studio into a business that changed the way small businesses get paid. Mike talks with Jim about the art of blowing glass, his involvement with TechShop, and why a guy who helped invent the future of payments is downright terrified of AI. They also discuss The Innovation Stack https://www.amazon.com/Innovation-Stack-Building-Unbeatable-Business/dp/0593086732/ref=sr_1_1?crid=16DJ19211DKIM&dib=eyJ2IjoiMSJ9. LnS_XrhCpOKNgztkKIAoXINJkoGeIohbH6oP-jhDEf3obWMxTv-udMTlFvvns4Zjy3cTg0Wk4pgjFbGM2Ng7UD5B0dpk2036U1SisT2ekxl3mhdfabZU9MCJrPiJvzNn9yEZGUhU4tw1z5lwP1pWs91cp65qZT1ajiaWNFRhB6BwM9b7lN6JK5WsUtFl57FyTPDJkwYLk_FNFSn_DPWfo-Gdiw8LTGd0bbjHNvzEmMY. FC6VzBvANDYinQGRIjVSy31pnnFsn9rb_2Kea_cWLkE&dib_tag=se&keywords=Innovation+stack&qid=1791837266&sprefix=innovation+stack%2Caps%2C182&sr=8-1, McKelvey's book about the unconventional thinking that built Square—and why sometimes the best way to solve a problem is to stop doing what everybody else is doing. BuildFreedom.us https://bit.ly/TWIHIxBuildFreedom—The best place to find a six-figure, AI-proof job. Build your future. Rebuild America. PureTalk.com/ROWE https://bit.ly/PureTalkRowe—Switch your phone service today and get UNLIMITED talk, text, data, and 30G hot spot for just $29.95 a month for LIFE! Not your phone's life—your life! NetSuite.com/Mike https://bit.ly/TWIHIxNetSuite—The #1 Cloud ER. If your revenues are at least in the seven figures, get NetSuite's FREE business guide, Aligning for the Agentic Era: How AI is Changing Everyday Work. Chapter.com/MikeRowe https://bit.ly/TWIHIxChapter—Chapter compares every Medicare plan nationwide to recommend the right coverage for you. Call them at 804-CHAPTER or visit chapter.com/mikerowe https://bit.ly/TWIHIxChapter to get free, unbiased Medicare help. Chapter and its affiliates are not connected with or endorsed by any government entity or the federal Medicare program. Chapter Advisory, LLC represents Medicare Advantage HMO, PPO, and PFFS organizations and standalone prescription drug plans that have a Medicare contract. Enrollment depends on the plan's contract renewal. While we have a database of every Medicare plan nationwide and can help you to search among all plans, we have contracts with many but not all plans. As a result, we do not offer every plan available in your area. Currently we represent 50 organizations which offer 18,160 products nationwide. We search and recommend all plans, even those we don't directly offer. You can contact a licensed Chapter agent to find out the number of products available in your specific area. Please contact Medicare.gov, 1-800-Medicare, or your local State Health Insurance Program (SHIP) to get information on all of your options.
12,907 words · 7 speakers
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