Group in the middle of solvable problems that have not yet been solved. Thats what i call the perfect problem because that in fact is the focus of what i think entrepreneurship is. In other words, you are looking for a way to solve the problem that is solvable but has not been done. Youre going to have to do something new but you dont get a copy. What happened with jack, jack dorsey and i i hired jack when he was 15, he was a High School Student, came into work at a company that i still have and i dont run any of my companies they just sell them, this ones been around for 30 years and jack and i worked together and he went off to college and he got kicked out of twitter and the first time i guess. And they showed him the door and he came back to st. Louis and we were heading out and talking. And we decided we would Start Company together. So then we were kicking around for ideas, he did not have an idea and i did not have an idea so we look for problems i solve and we came up with the
Perfect problem. So he needed a way to sort of delineate problems. If you think about the world problems, you got the ones who are salt so that we can cover the solution. And may be a problem that symbiosis already figured out. Then you have the ones that are one reason or another are so lovable. We just dont have the ways to do it. But then theres a group in the middle of solvable problems that have not yet been solved. Jim so that is what i call the perfect problem because that in fact, is the focus of what i think the leadership is. In other words we are looking for a way to solve a problem that is solvable but has not been density going to have to be doing something new and you dont get a copy it. So what happened with jack, jack dorsey and i, while i hired jack when he was 15. It was a High School Student and came into work at a company that actually still have. I dont run any of my companies but i also never sell them. At some of this one has been around for 30 years. And jack an
I hired jack when he was 15. A High School Student. Came to work for a company that i actually still have. Then he went off to college. We kept in touch. And then he got kicked out of twitter. The first time. And they showed him the door and he came back to st. Louis and we were hanging out talking. Decided wed start the company together. We then were kicking around ideas. So we started looking for problems we could solve. Came up with the problem of how got paid. You talk in the book about your work as a glassblower. Talk about that moment that you realize that payments were a problem for small merchants. As i said, jack had just been kicked out of twitter. He was sort of like a little brother to me. Someone i felt i needed to stand up for. What they did to him at twitter the first time was completely vile. So my first suggestion was lets go to San Francisco and get even with those guys. It was lex fight motivated. But jack, to his credit, said why dont we do something more positive a
In your book new innovation you tell the story about gas blower to team up with the founder of twitter to build a multibillion dollar payment company. In the book you talk about perfect problem so when did you realize these were a perfect problem . Its funny. I needed a way to delineate problems and if you think about the worlds problems you have the ones that are solved it can come to fruition but somebody already figured it out. So we just dont have the way to do it. That Stimulus Group in the middle to solve the problems that have not yet been solved. That is the focus. So in other words you are looking for a way to solve a problem that has not been done so you have to do something new. You dont get to copy. So jack dorsey and i come i hired him when he was 16 a High School Student to help me with a company that i still have. I dont run any of my companies. They manage themselves. We started working together through when he went to college. We kept in touch but then he was kicked ou
Supervisors. Im supervisor melgar chair of the commit each joined by vice chair supervisor preston and board of supervisors president supervisor peskin. The Committee Clerk today is erika major. I would like to acknowledge gene math use and jeanette at sfgovtv for staff thanksgiving meeting. Do you have announcements. Board of supervisors are convening hybrid meetings request public ment providing Remote Access and Public Comment via phone. Public comment taken on each item on this agenda. Those in person will speak first and move on to remote line. You will heart meeting but muted in listening mode. When your item of interest come up and public ment is called those in person line up to the right and those online press star 3. If you are on your phone remember to turn down your television and all listening device. You may submit comments to myself erika. Major sfgov. Org you may commit comments to our office at city hall the address is 1 dr. Carlton b. Goodlett place room 244, San Fran