This episode first aired in May 2018. This is a Knowledge Project Podcast episode from the archive. -- Patrick Collison, CEO, and co-founder of Stripe shares wise insights on success, failure, management, decision making, learning and so much more. In this conversation, we cover the biggest (and most valuable) mistakes Patrick made in the early days of Stripe and how they helped him get better, the characteristics that Patrick looks for in a new hire to fit and contribute to the Stripe company culture, what compelled he and his brother to move forward with the early concept of Stripe, even though on paper it was doomed to fail from the start, the gaps Patrick saw in the market that dozens of other processing companies were missing — and how he capitalized on them, the lessons Patrick learned from scaling Stripe from two employees (he and his brother) to nearly 1,000 today, and so much more. -- Timecodes: -- OUR FREE NEWSLETTER: https://fs.blog/newsletter/ 📈  OUR MOST POPULAR INTERVIEWS 🎬  The Full Story of Naval Ravikant: https://youtu.be/mGY2To_HW98 🎬  Bill Ackman - Getting Back Up: https://youtu.be/mIS3LYxgVWc 🎬  Secrets to Healthy Relationships with Esther Perel: https://youtu.be/atXKntdX2UY 🎙 Listen to the show  iTunes: https://podcasts.apple.com/us/podcast/the-knowledge-project-with-shane-parrish/id990149481 Spotify: https://open.spotify.com/show/1VyK52NSZHaDKeMJzT4TSM?si=abde3cc6a48d43ef GET IN TOUCH 🌍 Our website - www.fs.blog JOIN OUR COMMUNITY https://fs.blog/membership/ ABOUT THE KNOWLEDGE PROJECT Like the mentor you’ve always dreamed of having, The Knowledge Project shares timely yet timeless lessons for work and life. Past guests include Naval Ravikant, Daniel Kahneman, Jim Collins, Angela Duckworth, Seth Godin, Melanie Mitchell, & Esther Perel.