The Startup Ideas Podcast - Making the Most Out of Life and Business with the President of Shopify

Episode Date: April 13, 2023

Today Greg is joined by Harley Finkelstein, the President of Shopify. In this episode, Greg and Harley talk about growing up in a predominantly immigrant neighborhood in Canada, getting mentors and fi...nding joie de vivre.►►Subscribe to Greg's weekly newsletter for insights on community,creators and commerce.You'll also find out when new and exclusiveepisodes come out from Where it Happens. And it's totally free.https://latecheckout.substack.comFIND ME ON SOCIAL:Twitter: https://twitter.com/gregisenbergInstagram: https://instagram.com/gregisenberg/TikTok: https://tiktok.com/@gregisenbergLINKS FOR THIS EPISODE:Production Team:https://www.bigoceanpodcasting.comHarley Finkelstein:https://www.shopify.com/https://twitter.com/harleyfSHOW NOTES:0:00 - Intro5:49 - Growing up in Montreal as a Jewish Canadian10:56 - Finding peers that inspire you18:29 - The benefits of non-obvious mentors26:06 - How to DM your heroes

Transcript
Discussion (0)
Starting point is 00:00:00 Welcome to the show, Harley Finkelstein, round two. Round two. I think the last time we spoke, it was sort of like middle of COVID. Middle of COVID. Life was different. You were living, I think, in the mountains at that point? I was living in the mountains. I was a mountain man.
Starting point is 00:00:14 I was growing my beard. Now I'm... Now you're in Miami and like much cooler. Yeah. Mostly in Miami and sometimes in the mountains when I want that piece. That's awesome. So I woke up on Monday and for whatever reason, I wasn't feeling excited about work and motivated.
Starting point is 00:00:35 So I texted a friend and I was like, I have, I'm sure like you have like a founder group chat and I just texted these these founders and I was like, hey, like this is how I'm feeling. I don't feel like this very often. And I got this really good response that I'd like your opinion on. So one of my founder's friend says, I actually don't think your life will improve much by applying more pressure. I think your life will improve most by creating space to think, by protecting, nurturing your energy, by doing the things you take on really well, and by using your capital
Starting point is 00:01:08 and consistent manage risk ways that you can basically rinse or repeat. You're at the point that if you can use eight to 10 hours in a highly leveraged way in a week, that creates more return than 50 hours of hustle. strive for those eight to 10 hours to be worth $5,000 an hour and then do all the things with the rest of your time to keep those hours valuable. What do you think about that? You know, there's sort of this mantra in our world, in the sort of entrepreneurship world, which is work really, really, really hard. And then there's this other mantra, which is like, work really, really, really smart. And I think, by the way, I think platitudes are a silly way to run your life. But I think in particular, those two, it's a false dichotomy. It's not either
Starting point is 00:01:52 you're working hard, you're working smart. I think there are certain times where you just have to do the work. What I'm preparing for an earnings call, there are, I don't know, 50, 60 metrics that I have to know. I just have to do the work. I have to memorize those metrics. I have to really understand how we did, what the different factors that led to those results have been. There's no shortcut for that. In other times, there's a particular goal. I want to get, I don't know, over here, Supreme onto Shopify. And like, that's my goal. And in those cases, there's probably a smart way to do it. There's also probably a hard way to do it. And in that case, I find, you know, the smart way is almost always better. So I agree with that. And by the way, you wake it up on a Monday and you're not feeling
Starting point is 00:02:36 great. Like, that is a very healthy thing. Nobody wakes up every single Monday feeling like they have the world by the tail and that everything is always amazing. Years ago, I remember thinking that, I think it was on a podcast or I was giving a talk and someone said, have you hit your goal of happiness or something like that? I was like, I was like, no. And I don't think happiness is necessarily the goal. And the best example I can give you is that, you know, you may be happy having a great day. Everything's going your way. You stub your toe and all of a sudden like, you know, you feel like shit for a few minutes. For me, the more important thing is meaning. Like, do I have a meaningful life? Am I doing things in my life that are deeply meaningful to me? This podcast, this interview with you is deeply meaningful. You and I have known each other well before, you know, you were Greg Eisenberg and anyone even heard of Shopify. So this is a deeply meaningful, you know, conversation because you and I knew each other before anyone else did. And watching each other's journey and growth has been, I think, on both sides of the coin, there's real pride for, you know, it sounds weird because we're in our 30s and like, weird to say that. But like, you know, there's a lot of pride for mutual pride for each other's journeys.
Starting point is 00:03:45 That's meaningful to me. After this, I get back to like my work at Shopify, which is deeply meaningful. And then I think I told you sort of the pre-show, my wife and I are going to spend the weekend just two of us. We went to Disney World two weeks ago with the kids. It was kind of very kids, I don't know, there's a lot of kids stuff in our lives right now. My wife and I just want to have a weekend, just Harley and Lindsay.
Starting point is 00:04:04 And so we're going to go away this weekend and just spend some quality time to two of us, also very meaningful. And I think the more, as you look at your calendar and your schedule, if there are things that your calendar and your schedule that you're like, that's not meaningful, that's not meaningful, that's not meaningful, then you should make a change. But if you wake up on a Monday morning and fundamentally,
Starting point is 00:04:20 you're just not feeling yourself, like you're not really in that zone, It doesn't mean you're failing. It doesn't mean you should change everything. You're just maybe having like a shitty morning, and that's okay. You know, one of the things that great psychologists and great therapists, but also great coaches teach you, is to name things. I am feeling this way. What is this?
Starting point is 00:04:40 Oh, this is anxiety. Oh, this is depression. The naming things really help. But also, the reason I think naming things is so valuable is that once you name something, oh, like I'm feeling anxious now. Okay. What happened in the last two hours that made me feel anxious? Oh yeah, well, I had those phone calls. And then you begin to sort of pattern match.
Starting point is 00:04:57 And you're like, okay, I actually think today is going to be a tough day. And I can prepare for a tough day because I've patterned matched. And on days like this, I usually leave my desk feeling pretty exhausted. And I think the quicker you begin to be self-aware about those things, the quicker you're able to identify. Yeah, I'm not feeling great. It's Monday morning. I'm just not, I'm not the Greg Eisenberg I want to be. The better off you are.
Starting point is 00:05:21 And I think that's something that I've only recently learned to do. I think for a long time I had these blinders on and, you know, call them like hustle blinders where I was like, like, I don't deserve to be anxious. I don't deserve to be sad. I don't deserve. I have to just work and work and work and work because like if I don't, everything is going to crumble. And that's not the case. You can still be highly productive and very, very impactful, but also have the acknowledgement
Starting point is 00:05:45 that like I'm not doing great at this particular moment. There's something about where we grew up and how we grew up that. equips us with hustle blinders, you know, out of the womb. And I'm curious if you can shed some light around how meaningful, you know, growing up in Montreal, being Jewish, being Canadian. And, you know, 99.99% of the people listening to this don't know people from that neighborhood. So can you explain a little bit more about that? So first of all, there's this very, very famous quote from Alexander Chalmers. And it's called the three grand essentials of happiness. Something you do, someone to love, and something to hope for,
Starting point is 00:06:32 something that you're excited, you're looking forward to. And those are sort of what Alexander Chalmers calls the three grand essentials of happiness or meaning, I guess, is where I would put it. I think there's a fourth one, by the way, which is the environment. I think you also need to be an environment that inspires you. And you and I grew up in an environment that was deeply inspiring to us. And for those of you that don't know, Montreal is the second largest city, I think, in Canada, maybe the third now, but second or third largest. It is the only city, I think, that is fully bilingual. I guess Quebec is the only province or area that is fully bilingual. But more importantly, most importantly, it is a city of immigrants. In the 40s, 50s and 60s,
Starting point is 00:07:14 Montreal was the recipient of hundreds of thousands and millions of immigrants from all over the world, from every single background. And in the case of my family, where we came in 1956 from Hungary, Holocaust survivors came after the Holocaust went to Hungary. Hungarian Revolution forced them out of their home again. They ended up coming to Canada. Canada had a program where they led in 40,000 Hungarian refugees in 1956. my father and his siblings, my grandparents, came to Canada and came to Montreal at that particular time. So Montreal has been historically of a city of immigrants, full stop. But what that is done
Starting point is 00:07:54 is it has created a sense of entrepreneurship because of survival, rather than entrepreneurship because of passion. It created a place in an environment where everybody you knew growing up, just about had a small business, was an entrepreneur, started something. The famous one in Montreal, of course, is the Schmata company, like a clothing business. There was a big clothing company. But it was a city of entrepreneurs. In fact, the heroes of Montreal growing up were people like Sam Bronfman, who created Seagrams. Again, an immigrant that came to Canada from Eastern Europe, who created Seagrams, or the Demeret family, who again came to Quebec, I think originally from Sudbury and built this crazy company or the Peladoes of the Quebec work.
Starting point is 00:08:41 So you were smacked in the face with these two interesting ideas growing up. One, you knew a ton of entrepreneurs. And two, the heroes of the city, they were not fifth or sixth or eighth generation, you know, aristocrats. They weren't barons or tycoons. The people you look up to were these first or second generation immigrants who happened to build these incredible businesses. And then were incredibly generous in helping to build the city. and giving back. And I think that instill the sense of entrepreneurial DNA, but also this identity that if you have an idea for a business and you grow up in Montreal, there's a very good likelihood
Starting point is 00:09:21 that you're going to probably try your hand at that. And so I think growing up with that, one, it gave me the permission to always consider myself an entrepreneur. When I moved from Montreal when I was 13 to South Florida, I went to high school, I went to public high school, big high school, and I was this short Jewish Canadian kid in school. But I was also, I introduced myself as, oh, I'm also an entrepreneur. I have this DJ company and I'm always, you know, tinkering on these new business ideas. And for the most part, there wasn't anyone else like that. In fact, most of my, you know, classmates in high school thought that was kind of a weird thing. That wasn't the case in Montreal. In Montreal, like a lot of my friends that I grew up with were
Starting point is 00:10:02 also like you. I mean, you had a web website development company. I think when you were 14. 15, right? So like, it just wasn't that uncommon. When I went to South Florida, it was very uncommon. It was unique and, and someone alienating. Quick interruption from me. If you're listening to this on Apple Podcasts or Spotify, you're getting any value. You need to come to YouTube and subscribe to the Where It Happens podcast YouTube channel. I promise you the experience is richer, more interesting. So if you're getting any value, Just stop what you're doing. Open up the YouTube app.
Starting point is 00:10:40 Go to the website and press subscribe at where it happens on YouTube. And if you're watching this on YouTube and you haven't subscribed, what are you doing? Go press subscribe. Thank you. Enjoy the rest of the show. So if you're not from Montreal or you're not from Chicago, you're not from L.A. You're not from Miami. What are some takeaways for people that they could wake up Monday morning,
Starting point is 00:11:06 morning and get into that Montreal mentality. Okay. So I've been thinking a lot about this because I live in Ottawa. Okay. I've lived in Ottawa now. I moved here in 2005 to go to law school. That was the year I met Toby, became one of the first merchants on Shopify. Like that was a, you know, it was important, but I came to Ottawa to go to law school because a mentor of mine happened to be teaching law at the University of Ottawa in 2005. And Ottawa is not an entrepreneurial city. Ottawa is a government town. one-third of, I think it's like 32% to be specific, of the residents in this city work for the government. It's the capital of Canada. So inherently, there is not an entrepreneurial spirit in this city.
Starting point is 00:11:46 You don't have the same type of immigrant hustle here you do in Montreal. And that was really challenging for me. And so what we had to do was because there wasn't organically a tribe around us of other people like us, we had to build our own. And that actually led to fresh founders, which was the group of a number of us that got together every Friday. And we created a tribe of our own of entrepreneurs in a city that is not inherently entrepreneurial. And funny enough, that group that we created ended up building, you know, get around travel pod, fellow fluid surveys, Shopify. It's kind of an amazing, interesting group of people. But we had to create our own. And so I've thought a lot about if you are
Starting point is 00:12:30 not in a city that is especially entrepreneurial. You and I were both in Austin two weeks ago, right, I believe, for South Buy. I mean, there's this crazy energy in Austin. It's unbelievable, right? And you and I have a lot of mutual friends that have moved there recently. Like, you know, every second person you meet is doing like an entrepreneurial podcast. And like every second physical retail store is a direct-to-consumer brand. I mean, like, it's unbelievable. I walked down, I think it was 6th Street. It was like, it was alo yoga and then James Perth and then Decovis and then all birds. It was like all these amazing Shopify brands.
Starting point is 00:13:01 I was like I felt like I was home. Most places aren't like that. And so if you don't live in a place like that, you have to cultivate your own version of that in a smaller subset. And you actually have to very intentionally create a community. I want to dissect that a little bit. So there's two pieces of that. So one, what you're saying is peers,
Starting point is 00:13:19 basically having peers that can inspire you, essentially. The other piece is mentor. And I think you're a really interesting person with mentors because you have, in my opinion, a set of like, I would say obvious mentors, like people like, you know, Seth Godin, someone like that, who I'm like, yeah, like it makes sense that like you look up to someone like Seth Godin and you guys would get along. But then you have a set of non-obvious tech, you know, mentors. Yeah. It is unbelievable to me even to this point that I have relationships with these incredible
Starting point is 00:13:57 people. And some of them are very well-known. You mentioned Seth, and I'm lucky that I have people like that in my life. But there's also a set of, I like your term, non-obvious. The reason I think that's even more important to talk about is because everyone who is listening has access to non-obvious potential mentors who unequivocally will change their life if all they did was reach out. And so as I got married and had kids and our business at Shopify can use to grow is just be on the lookout for people, that I find to be really interesting in one particular aspect. So either, you know, great relationship, great parenting. They have a certain joie de vivre, like a joy of life. And forget about age, forget about their net worth. Forget about like, I'll say this. This isn't just blowing smoke.
Starting point is 00:14:43 Like, I really look up to you, Greg, and what you've done with this show. Like, you have this incredible appetite and desire to share these stories around like the new version of business creation and community building around and using community to build incredible businesses. And you're just doing this. Like, you're like, fuck it. I'm going to create this incredible where it happens program. And I'm going to do it full on. So I've just been on the lookout for all these different people.
Starting point is 00:15:10 And so what I've started to do more recently is take the next step and say, look, like, I know this is kind of a weird thing, but like I notice how you are, you know, with your spouse. I notice how you are with your son or daughter on the ski hill on Saturday. can I talk to you about that? Can I ask you about how you are so mindful and so present with your spouse? Can I ask you about like, I've noticed you and your wife are always holding hands? Like, that seems so nice and so romantic. And my wife and I like to hold hands also, but like, you guys are always holding hands. Like, what's that about? And what you start to realize is that all these people that exist, they may be 90 years old or they may be 17 years old, they have something
Starting point is 00:15:50 to teach you. And if you can simply just, you know, ask them a set of questions that allows you to derive some value and input from that, they really like talking about this too. These non-obvious mentors, by the way, they don't have a lot of people asking them for their time. In fact, I've enjoyed this so much that I recently put together this project called Big Shot, which is me sitting down with these non-obvious, for the most case, these older Jewish entrepreneurs in their 70s, 80s, and 90s. just ask them questions about their life and ended up recording the whole thing because I think that I want to create an archive of these stories. But you realize as you meet these people that are,
Starting point is 00:16:29 again, non-obvious mentors, how much they have to teach and how nobody is, no one has heard their stories. And so non-obvious mentors actually have a non-obvious amount of alpha in terms of teaching and insight and impact that you can derive if you simply ask them about it. And for me, in particular, these older Jewish entrepreneurs who came to North America with literally nothing and have built multi-billion dollar companies and have created the largest charities. In some cases, they brought major league baseball to a new country like Canada in the case of Montreal Expos. I want to understand how the hell that happened. I want to know how that all went down. I want to know the person that built 20 skyscrapers. I want to know how that person first got their
Starting point is 00:17:16 initial round of financing to build their first skyscraper at 24 years old with no experience. No one else has been asking those questions. No one else has been going after those people and saying, can you tell us your story? Yeah. So love this, first of all, just absolutely loving this. I think. Yeah, this is great. You would love, by the way, like, big shot's not out yet. The first episode comes out tomorrow. This is not a plug for Big Shot, but Greg in particular, like, you're going to love this because these are people that are like, it's like, it's, it's, it's, it's documentary and it's part sitting in a Jewish delicatessant like on 2nd Street in New York. And like it's like if the walls can talk at an old school Jewish deli, this is what they would say.
Starting point is 00:17:57 Yeah. So I'm not going to say where I live, but I live in an island where the average age is very high. So I spend a lot of my time just sitting in hot tub with old people. You should turn, you should record those conversations from the hot tub. And I know that sounds weird. No, it doesn't sound weird. It sounds amazing. If they're having interesting conversations and you are getting access to those conversations, I mean, these are people that have had three, four lifetimes compared to us.
Starting point is 00:18:28 Yeah. Yeah. I want to double click into the alpha comment that you made. Here's why non-obvious mentors provide alpha is because they're going to help you create products that go against the grain. And when you go against the grain, that's where the opportunities lie. Right. Like if everyone is saying, hey, go build a startup like XYZ on Twitter, then you have a smaller moat. Yeah. You know, after we had our first child, after Bailey was born in 2016, my wife and I would go for these walks every day, newborn baby, like can't do much. So we went for these walks around our neighborhood here in Ottawa. And Lindsay, my wife had said, hey, you know, I would love to go for some great ice cream. There's no ice cream shop. I'm going to create an ice cream company. I'm going to create an ice cream company. I'm going to create an.
Starting point is 00:19:15 ice cream retail shop called Sunday School. And of course, like, I'm like, I'm the poster child for entrepreneurship. I'm like the physical manifestation of like the entrepreneurial spirit. At least I hope I am or try to be. And I was like, Lynn's great idea. Let's do that. And she's like, great. Who do I talk to? I was like, I have no idea. Lindsay is like, leave it to me. And she went around and she found all these incredible ice cream entrepreneurs and she developed these relationships with them. And Sunday school like was rocking like the setup, the design, the production, Every aspect of Sunday school was like, this is like me being very proud of my wife, like it was fucking perfect. It was so well done.
Starting point is 00:19:52 And one of the only reason that Lindsay was able to get that insight was because she didn't listen to me. She didn't call Ben and Jerry. She didn't call Hog and Does. She didn't call Baskin Robbins. She called these like these fairly unknown or non-obvious ice cream entrepreneurs. And she began to network in that community. And they gave her all this amazing insight. And she would have listened to me and she would have called Ben and Jerry's because my answer for everything is like, who's the biggest.
Starting point is 00:20:15 ice cream entrepreneur, that's what we should talk to. She didn't do that. She went to these non-obvious ice cream mentors and she was able to build an incredible business doing it. And they were so happy to hear from her because some of these ice cream entrepreneurs are in their 60s and 70s. One of them was 85. And they were worried that the next generation of ice cream business owners, ice cream company business owners, wasn't around. And so they were delighted to hear that this 35-year-old woman from Ottawa, Canada, really was excited about becoming an ice cream entrepreneur. and they gave her a disproportionate amount of their time relative to what she would have got if she would have called someone that I was going to recommend.
Starting point is 00:20:52 I think a big takeaway for people listening to this is you want to surround yourself non-obvious. Like it's good to have these non-obvious, for example, ice cream entrepreneurs, but it's also good to have the Harleys or the Ben and Jerry's also. And thinking about maybe you start not obvious, but over time you can scale with like, oh yeah, you know, now I can call Ben and Jerry's and scale this thing. Yeah, exactly. At some point, if Lindsay was looking to raise money, you know, for the ice cream company,
Starting point is 00:21:22 I think that Ben and Jerry's could be helpful. I think Ben and Jerry's actually owned now by a large CPG, I suspect, a big conglomerate. But that's exactly right. Or if she needed to figure out like something really, you know, complicated, like dairy tariffs in Canada versus the U.S., there's probably a lawyer she would have to call there. But that's exactly right. And the cool part about this non-obvious mentorship and that leading to finding Alpha is that everybody can do it. There is someone in your town, if you were listening, who makes the caps for water bottles.
Starting point is 00:21:55 Like, that person may have a huge company that no one's ever heard of. And the stories you will get, number one, will be so fascinating. But more importantly, they may teach you way more of a business than you're going to find in any business book. Yep, absolutely. I need to share too small but big wins that I've had. had in the last three weeks with you that I haven't shared with me anywhere well well with everyone but just something that's related to this so they say don't meet your heroes but I'm like I made a goal for myself that this month I was going to meet my heroes wow so I DM'd rivers
Starting point is 00:22:34 Cuomo who's the frontman of Weezer yeah amazing and to me he's like a non-obvious role model even though he's big. Like, he's not obvious in the sense, like, you know, he's not Tim Ferriss or Seth Godin. So I DM'd it. I basically said, I bet you hear this a ton. Your art has been life changing to me. Often in L.A. would be cool to hang out sometime. And he responded instantly. Wow. And he was like, let's do it. I'll be here until June, what part of the world you're in. So I tell him I'm in Miami. He's like, oh, I'm going to be in Tampa, even though that's not even near Miami. but I'm going to be in Tampa in a couple weeks come hang up. So I go to Tampa.
Starting point is 00:23:20 And I have... You went to Tampa to meet him. I went to Tampa to meet him. Cool. Car breaks down midway through, of course. You know, just in the Everglades, which for people who know of Florida, it's like, there's all over. Yeah, it's not a great place to have the car break down.
Starting point is 00:23:36 No, no, exactly. But I'm doing this, right? Because I'm thinking to myself, how could I make six, year old Greg really proud right now. I'm going to this show. So I go to the show. I meet with him backstage and I have this 20 minute, 30 minute, whatever it was, conversation with him around like rock and roll and music and programming and all these different topics. And I left that show just getting completely inspired. And my biggest takeaway was you'd be surprised who would respond to your DMs. And by the way, that like, if you,
Starting point is 00:24:13 if you wouldn't have responded, the cost of failure is literally 30 seconds of your time. Correct. That's all it is. And by the way, I love that. I especially love it because what you also realize is that what he probably learned from you about the future of music and the future distribution and the Weezer community and like what that Weezer, you know, Africa album did. Like, like I rediscovered Toto through Weezer.
Starting point is 00:24:39 That's right. Like it's an unbelievable thing that like, like, you probably. dropped all this great knowledge inside on him. And he probably feels like he got as much out of that meeting as you did. And everyone listening can do that exact same thing right now. And again, as long as you don't have a fear of failure or a fear of rejection, which by the way, you should not have like, who cares? You may actually build the most, like you may have a relationship now, Greg, with him for the rest of your life. Well, that was the cool thing. At the end, he was like, I'm going to Orlando right now, but we got to hang out soon. We're hanging out soon. And,
Starting point is 00:25:13 And now he's like, I could say like Rivers is my homie, you know? That's amazing. That's amazing. I did something recently during the pandemic. I sort of saw or heard that Tom Green was moving back from, from L.A. to Ottawa. His parents live here. And I randomly sent him a note and said, hey, Tom, a huge fan. I grew up watching MTV and watching Tom Green show.
Starting point is 00:25:35 And I think you're super cool. And we hung out. We've hung out a bunch of times. In fact, I think I introduced Tom to you as well. And now, like, Tom is like introduced. me to his friends. I'm interested in Tom to my friends. That all happened because of a single Instagram DM. And he had not heard about Shopify. He didn't know who I was. He was like, oh, this kid from Ottawa where I'm moving to just reached out. I'd like to meet new people,
Starting point is 00:25:57 especially people that seem like they're in tech and doing interesting things. Like, that is unbelievable. And by the way, that was impossible 10 years ago. So what advice do you have to people who, you know, have a target list of people who could be role models. and mentors. And like, what do they need to type in the DM for someone like you to open it up and read it and reply? I find for some, the DM is really, really challenging sometimes because they have a lot of things coming in and a lot of people coming in and a lot of people message them. One other way that's super simple is almost everyone you want to meet has some sort of, not everyone,
Starting point is 00:26:39 but most people will have some sort of philanthropic charity foundation they're connected to, that means a lot to them. And if you do research on them, it is very obvious what that is. And if you make a donation, it can be literally $18, okay? Because I've tried this, $18 to a charity or a foundation that they care about. And you put in the memo, like, I am donating this because I was inspired by this particular thing, this particular person did. And I'm doing it in their honor.
Starting point is 00:27:08 And then you DM them. Now it's like, now you have two different touch points. Now all of a sudden, I keep seeing this guy's name. Like, who the fuck is Harley Finkelstein? He gave $18 to this charity I really care about. He sent me a DM. He also bought something from my merch store. He bought like three T-shirts and left a really nice comment and nice review.
Starting point is 00:27:26 You can create something that is, number one, very lightweight, very inexpensive, that can give you a ridiculous amount of reach to the people that you want. And then once you have those relationships, like that's when the work really starts because it's one thing to get a first connection in Tampa with you, to have a meeting. That's great. But the fact that he is now your homie means that it means that you have also contributed like you were sending him text messages. You were reminded of something that was discussed in the conversation and you're like, hey, this is a cool article. You should read this. I know you were thinking about this.
Starting point is 00:27:59 Hey, by the way, I saw this other thing. Check this out. And that is really how you build real relationships. Now, I just want to say this, the thing. Some people will say, well, isn't that superficial, you're sort of like, you're using tactics to build a relationship. No, every single friendship, every single relationship is built on some sort of shared experience, some sort of shared centerpiece of interest or connection. And so if you marinate that, it is not transactional because ultimately the only thing I want from these people is to get to know them better. Because I think the more I get to know them, the more interesting they become to me, the more I can learn, the more I can share with them. Like, that is how you build a real community. You don't
Starting point is 00:28:36 build real community by having a one time, let me pick your brain. Here's 10 questions and then never call them again. Those people are never going to be, quote, your homies. They'll be your homies if you actually are able to create a real dynamic between like what they need, what you need, what you want. And it doesn't have to feel transactional or superficial because some of my, you know, some of my closest friends today are people that started out as mentors to me. And now, like, they're huge parts of my life and I'm a huge part of their life. And I feel very lucky to have that. And it's authentic, even though it may have started from what seems like a business pitch.
Starting point is 00:29:16 So step one is do your research. Like, do your proper research. Do your Danny Miranda style research. Shout to Danny Miranda. Man, he does his research. Danny Miranda found out where I went to high school and drove by the high school before he interviewed me because his grandparents lived nearby like holy shit that's like next level research that's why i was like i'm not even going to do research for this don't do just listen to
Starting point is 00:29:41 daddy rad his podcast exactly so i did that um do your research so know know what's important to them through that step two is i mean you want to craft a short and sweet message too right like you can't don't don't have like a novel don't send a novel yeah either novel novel is bad and And hey, can I pick your brain as bad. Yeah. Don't, right. High context. Like, you're right.
Starting point is 00:30:06 Like, high context, thoughtful. Don't waste their time. And if there's a connection. I mean, the people that reach out to me now, like, they're like, my life is so public, right? Everything I'm interested in, whether it's like Shopify or it's firebelly tea or it's big shot or it's my wife and family. Like, I'm so public. Like, there are so many intersections of me with pretty much most people that like you can figure it out. And I do the same thing.
Starting point is 00:30:30 In fact, it's more challenging because I'd to figure out, you know, one of the people that I interviewed recently was this guy named Aldo Ben Sedoon. Do you know Aldo Ben Sedoon? I do. Yeah. So this guy's amazing. Like, the guy, like, he's an immigrant from Morocco, comes to Montreal with no money. He was given a small little section of a retail store where he was able to sell his own shoes, sort of a store worth in a store, and turn that little, literally a shelf, into a multi-billion dollar empire called Aldo, the shoe company. Any city in America in the world, you see Aldo's Jews, he built that from one single shelf.
Starting point is 00:31:05 And so, like, his story is not out there. So having the way that I was able to first make contact with him was, I remembered that I'd met him at a bar mitzvah that I DJed literally 22 years ago. I remember when I was like 18 or 19 or so, I didged a party. He was there and he came up to me and he said, you know, you're doing a great job or something like that. And so that's how we start this relationship. and then I figured out, you know, retail and commerce and what he's thinking about and his connection to the Jewish community. And that's how I ended up getting him to come on, big shot and sit down with me. So, like, there are ways to contact everybody and other people
Starting point is 00:31:42 are not contacting them. And so there's an opportunity for you listening right now to contact those types of people if you're, if you're smart about it. I have a fun Aldo story. What is it? So when I was 18, and this is all going to relate. When I was 18, I cold emailed Aldo probably 70 times. Literally? Literally? Actually. Didn't get a response.
Starting point is 00:32:07 So then I went one layer. I was like, okay, who's in his circle? And I reached out to their head of marketing at the time. I reached out and she gives me the time of day. I'm 18 years old. And I'm like, I want to redesign Aldo's website. I mean, they have how many stores. They had like 1,400 stores at the time.
Starting point is 00:32:27 Yeah. I think at their peak, they had some of the 50-4 stores around the world. Amazing. Yeah, amazing. And I earned her trust. And then she said, you can have a meeting with Aldo. So I finally did it. And I show up with my two partners who at the time were in their mid-30s because I needed like someone, you know, I still had like a high-vice.
Starting point is 00:32:47 I was going to say like gray hair, but they didn't have gray hair. They're in their 30s. And I'm so excited. I'm like, butterflies in my stomach, prepared this whole presentation. for him. Picture of like a boardroom. There was like 15 people at this meeting. And then when I sat down, they said,
Starting point is 00:33:04 Aldo will only show up for two minutes of the meeting. And I was like, okay, are you serious? He walks in. Aldo goes, I'm here for two minutes. What do you got? My partners were offended that they got two minutes. I looked at it like, I've got two minutes. It's amazing.
Starting point is 00:33:25 It's amazing. You got two minutes with it. one of the most iconic entrepreneurs on the planet. One of them walked out. One of your partners walked out. Walked out. And I was in this position where I was like, what do I do? You got the meeting also, right?
Starting point is 00:33:41 Like it's your name on the line, not theirs. Not exactly. And I was like, that's not me. That's not me. I'm here. I'm going to like, I'm going to make these two minutes count. And I just said, okay, screw the presentation. I'm just going to have a conversation with Aldo.
Starting point is 00:33:55 And it was an incredible conversation. So, I mean, the lesson there and the metaphor that I think is so valuable is like, I never walk out, neither do you. I am never offended. I don't never walk out. Like, if I can get a minute of someone's time, if I can get five seconds someone's time who I don't deserve to have their time, I'm going to value that because who knows where that's going to lead. And be the person that doesn't walk out of the meeting, be the person that's not offended. Like, you know, is it shitty that you drove 40 minutes or 30 minutes for a two minute meeting? Maybe.
Starting point is 00:34:24 who cares? Like the guy is running 1,400 stores. He doesn't need a website, but he's giving you time because you were able to influence someone on his team. And he's given you two minutes, which has an opportunity cost because you can be doing all these other things. Like, be the person that actually says, I'm grateful for the two minutes. Let me see if I can actually get, like, take the two minutes into four minutes. And what I'm going to say in the next two minutes, hopefully gets you to sit down and spend a little more time with me. And if it doesn't, I just want to say I'm super, super grateful for the time. And frankly, I really look up to and admire what you've built. And one day, I hope to have half your success. And like for someone like Aldo, who's not an ego guy, who's very kind, very
Starting point is 00:35:03 thoughtful, you know, immigrant entrepreneur from Montreal, just like you were, he probably was like, hey, like, I'm going to give Greg some time because I was like Greg once upon a time, too. And I think being the guy that doesn't get, or the person that doesn't get offended and doesn't get up and walk out, that's the way to win. I think this is where we end it. So, So I really want people to listen to your new show. Where could people go to do that? Yeah, it is a very personal project. I've been working on it on weekends, mostly for the last year or so.
Starting point is 00:35:35 But it comes out this week. It's called It's Big Shot. Show. You can just go there. It's on Spotify and Apple Podcasts. But it's a deeply personal project where I get to sit down and have these amazing conversations with some of the greatest entrepreneurs that I know. They're mostly Jewish entrepreneurs whose stories have net. ever been told. And we just basically record the conversations. And it's part documentary and part,
Starting point is 00:35:58 as I said, kibitzing in a Jewish deli. But you can find it at big shot.com. If people listen to this and are bought into the idea of non-obvious being a huge unlock, which I hope people are, that's where you need a, you need a. Yeah, it's basically, it's an entire, it's an archive of non-obvious stories. But every one of the stories has shaped the world that we live in, whether you know it or not. And it's fascinating. And also, I mean, in some case, these are people in their 90s who whose stories, you know, change the world. And they're not on the podcast circuit.
Starting point is 00:36:31 They're not on social media. All right. Take care. Thanks, Greg. Appreciate it.

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