Harley Finkelstein - Strategies from Shopify, the Future of Retail, and More | The Tim Ferriss Show

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Harley Finkelstein - Tactics and Strategies from Shopify, the Future of Retail, and More | Brought to you by LinkedIn Jobs ( / tim , LMNT (drinklmnt.com/tim), and ExpressVPN (expressvpn.com/tim).
Show Notes: tim.blog/2020/12/09/harley-fi...
Harley Finkelstein (@harleyf) is an entrepreneur, lawyer, and the President of Shopify. He founded his first company at age 17 while a student at McGill. Harley is an advisor to Felicis Ventures, and he is one of the “dragons” on CBC’s Next Gen Den. In 2017, he received the Canadian Angel Investor of the Year award and Canada’s Top 40 Under 40 award, and in 2016 he was inducted into the Order of Ottawa. From 2014 to 2017 Harley was on the board of the C100, and from 2017 to 2020 he was on to the board of directors of the Canadian Broadcasting Corporation (CBC).
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LINK TO ALL SHOW TRANSCRIPTS: tim.blog/2018/09/20/all-trans...
About Tim Ferriss:
Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 500 million downloads and been selected for “Best of Apple Podcasts” three years running.
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Пікірлер: 54

  • @joemac84
    @joemac843 жыл бұрын

    Tim, please hire an editor to make clips / highlights for these videos. Similar to how Joe Rogan did it on KZread. This would provide a good entry point for people into your content because a 2 hour interview can be a bit overwhelming. In the end, it gets the content, wisdom, lessons, etc out to more people that really need to hear it

  • @chadwalkaden6375

    @chadwalkaden6375

    3 жыл бұрын

    I agree and would go one step further. Think of what impact theory does and this means compiling the footage with music behind it to increase accessibility of the information. Getting 10-30 minute videos compilations of this would be epic

  • @Eric3333

    @Eric3333

    3 жыл бұрын

    I should just pull Tim's strategy and start doing it myself and sending them to help my editing career :)

  • @chadwalkaden6375

    @chadwalkaden6375

    3 жыл бұрын

    @@Eric3333 exactly mate!!

  • @garynugent2560

    @garynugent2560

    2 жыл бұрын

    Interview doesn't start until after 6:00 - sponsorship is why he doesn't cut them up maybe? And when I say maybe...I mean...

  • @redcrazymonkey
    @redcrazymonkey3 жыл бұрын

    The energy in this podcast is off the charts... amazing

  • @DP-yg1ts
    @DP-yg1ts3 жыл бұрын

    @6:00

  • @josiahk

    @josiahk

    3 жыл бұрын

    Thanks sir

  • @WinVault
    @WinVault3 жыл бұрын

    TIM'S SHOW NOTES: For anyone not in the know, what is Shopify, and how does Harley envision it scaling to become the entrepreneurship company? [06:50] What books have been most formative for Harley in his business journey with Shopify? What books has he gifted the most to other people? [09:37] How much has Shopify grown during the time in which I’ve known Harley? [14:00] How did Harley wind up moving from Montreal to South Florida and back to Montreal again, who is Phillip Rimer, and what part does he play in Harley’s story? [19:14] As someone who went to law school not to become a lawyer, but become a more effective entrepreneur, what were Harley’s most valuable takeaways from the experience? [28:37] How did Harley most effectively play along with the Socratic method in law school, and how did he bypass the need to absorb 1,200 pages of case study? [33:18] How would Harley design a curriculum that would convey the lessons he learned in law school without the need to actually go to law school, and which texts might I add to the list of required reading? [37:38] I give one must-read fiction recommendation to the guy who’s just now reading a work of fiction for the first time in his life. [43:07] What does Harley’s job at Shopify as COO actually entail, and how does annual re-qualification work there? [43:49] Who is Tobi Lütke, and how did he and Harley meet? [45:47] How did Harley get licensing agreements that made him competetive - as a nobody law student selling t-shirts - with monolithic companies like Walmart? [53:26] How did Harley become the proprietor of Shopify Store 136? [56:06] What were the early days of investment fundraising for Shopify like? [59:44] How I met Tobi and Harley, and the piece of advice I gave them that they took to heart. [1:06:33] On formulating the Build a Business competition that differentiated Shopify from the competition - even if the projected price tag seemed a bit steep at the time. [1:08:06] How the winner of year one’s Build a Business competition helped rejuvinate a dying industry and accessorize a US president, and how year two was designed to differentiate Shopify even further. [1:15:32] What impact have the multi-pronged surprises of 2020 had on retail, and what does Harley see for the future of the industry as a result - particularly ecommerce - that others might be missing? [1:17:55] My own observations about ecommerce adaptations during 2020. [1:26:47] Harley explains how Shopify is “arming the rebels,” and why ecommerce is poised to help support local communities, small businesses, and independent brands - especially during tough times. [1:29:46] How are coaches used at Shopify, what makes some coaches more effective than others in the context of the company culture, and what does it mean when Harley says leadership has to “requalify” for their jobs every year? [1:31:38] What does time with a coach at Shopify typically look like, how does Shopify’s post-coach era compare with its pre-coach era, and what does Shopify’s “trust battery” ultimately empower? [1:38:55] Naming coaching as “one of the top three or four things” that he’s done, what are some of those other things that have moved the needle for Harley? [1:42:46] After trying several “flavors” of meditation that didn’t really work for him, what variety does Harley find effective? [1:44:49] On the importance of blocking out time for family and loved ones (and sometimes just yourself) when an otherwise busy schedule might inadvertendly elbow them out of the picture. [1:47:22] What contemporary C-suite executives does Harley most admire as examples, and what is his unique approach to seeking out the most valuable advice from mentors? [1:50:10] Why you never want to “entice” a busy, potential mentor-level person with these words: “May I take you to coffee and pick your brain?” (And some advice for how you might get better results.) [1:54:56] Influential and thought-provoking biographies. [1:56:33] “Nice guys finish last” is not a truism, and other parting thoughts. [2:00:09]

  • @hardinzepaint1002

    @hardinzepaint1002

    3 жыл бұрын

    If h didn’t list this u wouldn’t have listened

  • @hardinzepaint1002

    @hardinzepaint1002

    3 жыл бұрын

    Thank you

  • @WinVault

    @WinVault

    3 жыл бұрын

    @@hardinzepaint1002 glad you found it useful!

  • @rodneyguthrie9070
    @rodneyguthrie90703 жыл бұрын

    Tim I'm a huge fan and totally love your interviewing style. Thank you so much for asking questions specifically for entrepreneurs. I think I was among one of your first readers to obsess over The Four hour Work Week! Keep it the excellent work. YBF

  • @zarak07
    @zarak073 жыл бұрын

    One of the best interview with an entrepreneur.

  • @randianne9351
    @randianne93513 жыл бұрын

    Absolutely fun and valuable info!

  • @ammarzaidi6475
    @ammarzaidi64753 жыл бұрын

    Listened in one go! Thank you Tim for this and btw Shoe dog is one of the best books I've ever read alongside The 4 hour workweek.

  • @ReynaSingh
    @ReynaSingh3 жыл бұрын

    Good content Tim. Keep it up

  • @nikbel2468
    @nikbel24683 жыл бұрын

    thank you for this!

  • @stoianmihail8480
    @stoianmihail84803 жыл бұрын

    Fine! I'm gonna read the 4-hour work week

  • @edland8778
    @edland87783 жыл бұрын

    I love eCommerce PS: good timing: Shopify stock +7% today

  • @peopleideas4436
    @peopleideas44363 жыл бұрын

    There is gold here..

  • @SharveshYT
    @SharveshYT3 жыл бұрын

    🔥

  • @harrygreen3277
    @harrygreen32773 жыл бұрын

    Tim have you watched the documentary The Art of Effortless Living or read the book Effortless Living both by Jason Gregory? When will you speak to him?

  • @joemac84
    @joemac843 жыл бұрын

    Would be awesome to get some time stamps on these since it’s so long form

  • @EVMacD

    @EVMacD

    3 жыл бұрын

    No sometimes the nuances of this story are more important, which I have discovered by listening to this in its entirety. Mind you I did it in stages which is possible on this platform and I think that is key...

  • @joemac84

    @joemac84

    3 жыл бұрын

    @@EVMacD A good alternative then would be to post this and then do clips separately. Tim should hire an editor to make clips. This is also a good way for viewers to dip their toe in before committing to a 2 hour episode.. I hope Tim reads these comments.

  • @EVMacD

    @EVMacD

    3 жыл бұрын

    Agreed, that would be helpful.

  • @WinVault

    @WinVault

    3 жыл бұрын

    Done check my comment - his show notes have the time stamps

  • @TaborTalk
    @TaborTalk3 жыл бұрын

    Again - video...need the video

  • @afhyoutube
    @afhyoutube3 жыл бұрын

    People pay hundreds, if not thousands, to go to talk or conferences that don't get one tenth of what is offered during this talk.

  • @ma-tanica
    @ma-tanica3 жыл бұрын

    30:25 hire someone to read it or just ask a very good friend who read it

  • @abban1948
    @abban19483 жыл бұрын

    1st here! Tim, got any advice for 15 year olds?

  • @BlessedAssurance949

    @BlessedAssurance949

    3 жыл бұрын

    Focus on things you enjoy which also build life skills.

  • @hellolau

    @hellolau

    3 жыл бұрын

    Be careful who you get your advice from 😹

  • @BlessedAssurance949

    @BlessedAssurance949

    3 жыл бұрын

    @@hellolau LOL Good one!

  • @thepamo2812

    @thepamo2812

    3 жыл бұрын

    Healthy body, healthy mind.

  • @eyob8969

    @eyob8969

    3 жыл бұрын

    @@hellolau my brain hurts. I think we are in a simulation. everyone who is rich pretends its easy to be rich but idk maybe it is, but why is it so hard for me then 😭also self help books and guru's are a scam. every single one of them, with some exceptions, are all just in it for themselves! we live and then we die. life is pointless and we should just end it while we can, suffering is for losers and noobs

  • @EVMacD
    @EVMacD3 жыл бұрын

    202:30 Tim is gritting his teeth realizing he sold out ...then bought back in and they don’t mind. Canadians are sooooooforgiving.

  • @eyob8969
    @eyob89693 жыл бұрын

    I just lost 250$ on fb ads...feels really bad man. What is the meaning of life anyway

  • @kharismayudhistira9234

    @kharismayudhistira9234

    3 жыл бұрын

    77766

  • @quantumpotential7639

    @quantumpotential7639

    3 жыл бұрын

    What do you mean you lost $25o on FB ads? No responses? Or something else

  • @eyob8969

    @eyob8969

    3 жыл бұрын

    @@quantumpotential7639 just one sale after 250$ spent. bad product, probebly. #feelsbadman

  • @ulhuqabrar
    @ulhuqabrar3 жыл бұрын

    6:30 thank me later

  • @okodalaikhuu
    @okodalaikhuu3 жыл бұрын

    First one. 😄

  • @boriscortez6328
    @boriscortez63283 жыл бұрын

    Aparecio un nuevo KZreadr con increíbles soluciones a tus problemas cotidianos YOSOYCILAUDIO

  • @hardinzepaint1002
    @hardinzepaint10023 жыл бұрын

    Is it me or all these self improvement pods nowadays have lost their substance or am I just being petty Over the 1000 ads I have to hear.

  • @canaldeautoayuda6089
    @canaldeautoayuda60893 жыл бұрын

    Honestly Tim shorten the stories. Too much side track. Get the questions straight. To the point. 2 hours is just too much. Who cares why he decide to go to Florida? . This may sound rude and I apologize for it. But I apreaciate condensed information.

  • @ccul0439

    @ccul0439

    3 жыл бұрын

    then don't listen.

  • @ccul0439

    @ccul0439

    3 жыл бұрын

    you are right, it does sound rude.

  • @frankizm

    @frankizm

    3 жыл бұрын

    Why dont you just use the show notes to skip to the bits that interest you? No point in publically announcing your opinion when there are workarounds... Look what is said in the shownotes, "How did Harley wind up moving from Montreal to South Florida and back to Montreal again, who is Phillip Rimer, and what part does he play in Harley’s story? [19:14]". You coulda just skipped this part...

  • @quantumpotential7639

    @quantumpotential7639

    3 жыл бұрын

    Well, if you were paying attention you would learn how to use the Secretic Method and consolidate the two hour presentation into a five minute executive summary. But you sat in the back of the classroom stAring out the window daydreaming about the hot chic infront of you.

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