Chapter
Shopify's Role in Making Entrepreneurship Accessible
1:03:36 - 1:09:56 (06:20)
Shopify founder, Tobi Lütke, discusses the barriers to entry in entrepreneurship and how his platform aims to make it more accessible through reducing friction and simplifying the learning curve.
Clips
The number of new companies being formed in the US is at its lowest point ever, with each generation starting fewer and fewer businesses than the past.
1:03:36 - 1:05:17 (01:41)
Summary
The number of new companies being formed in the US is at its lowest point ever, with each generation starting fewer and fewer businesses than the past. Despite the internet's potential for democracy, it often encourages centralization, making it harder for new businesses to thrive.
ChapterShopify's Role in Making Entrepreneurship Accessible
Episode#359: Tobi Lütke — From Snowboard Shop to Billion-Dollar Company
PodcastThe Tim Ferriss Show
The barriers to starting an online business, such as requiring a license for certain types of businesses and the difficulty of the process, can discourage entrepreneurship; however, having a world where entrepreneurship is common and easy can provide more opportunities for employment.
1:05:17 - 1:08:01 (02:44)
Summary
The barriers to starting an online business, such as requiring a license for certain types of businesses and the difficulty of the process, can discourage entrepreneurship; however, having a world where entrepreneurship is common and easy can provide more opportunities for employment.
ChapterShopify's Role in Making Entrepreneurship Accessible
Episode#359: Tobi Lütke — From Snowboard Shop to Billion-Dollar Company
PodcastThe Tim Ferriss Show
Host Tim Ferriss and Shopify CEO Tobi Lütke discuss the history of the Build a Business Competition and the importance of removing impediments to entrepreneurship.
1:08:01 - 1:09:56 (01:54)
Summary
Host Tim Ferriss and Shopify CEO Tobi Lütke discuss the history of the Build a Business Competition and the importance of removing impediments to entrepreneurship.