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Published · transcript-backed

Lenny Rachitsky: uncertainty

2 Feb 2025 Lenny's Podcast Tobi Lütke’s leadership playbook: Playing infinite games, operating from first principles, and maximizing human potential (founder and CEO of Shopify)

“I don't know of any other company that operates where the founder has this 100-year vision of where the product needs to go and working backwards from that.”

— Lenny Rachitsky

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Speaker
Lenny Rachitsky
Attribution
Verified speaker
Claim type
uncertainty
Recorded
2 Feb 2025
Publisher
Lenny's Podcast

Transcript context

…There's an aesthetic in the world that exists which is that business people dress in suit and tie, they are speaking much more sophisticated than I do, usually without an accent. They usually have a stick and show dramatically at the chart that is behind them. How much is that aesthetic overlapped with outperformance? Pessimism sounds extremely sophisticated. Optimism always sounds dumb or at least naive. The most powerful unquantifiable things in the word of business are fun and delight. I don't know of any other company that operates where the founder has this 100-year vision of where the product needs to go and working backwards from that. I talk about look in the future and then think backwards a lot, right? It's like what would we want to have done 20 years ago on this? We have very long-term plans. At 100 years you can't talk about this software project but you can talk about the mission itself, whatever things that will survive for 80 years that are left on this particular timeframe. Entrepreneurship is just precious. Shopify exists, basically, to make entrepreneurship more common.…

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