St. Louis is a customer- and partner-rich environment for any financial tech startup. Jim McKelvey More Quotes by Jim McKelvey More Quotes From Jim McKelvey If you can’t be persuasive to get people to believe your crazy idea, you can just go ahead and build it. Jim McKelvey crazy believe ideas We tend to believe that things are impossible that are very possible. Jim McKelvey impossible believe People who solve problems are happier. Jim McKelvey entrepreneur problem people I am absolutely confident that St. Louis can attract major players in technology and make the companies that are here blossom. Jim McKelvey company technology player When I was 19 years old, I wrote my first book. I took a computer science class, and the book was garbage. I thought I could write a better one, so I did. Jim McKelvey writing book years Everyone needs someone to tell them not to wear so much Prada. Jim McKelvey prada needs Jack Welch is a legend. He is one of my personal heros, and a super brilliant and nice guy. Jim McKelvey us I'm not particularly good at running things when once they get to a certain level. Once it gets routine, get me out of the way. Jim McKelvey things good me way When my son was born, I decided I wasn't really into working 12 hours a day. That slowed me down a little bit. Jim McKelvey down day me son I've been totally replaced by people who are superior. I was doing, like, 15 different things. It's very gratifying to watch your job done better. Jim McKelvey doing better job people I don't run any of my companies. I always partner with somebody who wants to operate. Jim McKelvey partner who run always Art is what can't be proven mathematically, right, it's where science ends. It's the part that makes you feel good, but you don't know why. Jim McKelvey good you science art It's hard to shape glass. It took me years of practice, and as a result, I've never gotten bored with it. It's difficult. Every time I come into the studio, I've got some sort of new challenge. And something that I would like to learn how to do better, and the material never disappoints me. Jim McKelvey challenge me practice time Glass really rewards risk. A lot of times with glass, you're just waiting for the piece to cool down or for some temperature to adjust, and there's split seconds where you've got a fraction of a second where you get to make a move a particular way, and you don't get to repeat it if you do it wrong. Jim McKelvey cool you waiting way In December 1989, my mother died very suddenly, and that sparked a re-evaluation of what I was doing, and I realized I was mediocre at everything. I was a mediocre IBM employee, I was a mediocre entrepreneur, I was a mediocre artist. I decided that, although my mom wouldn't be around to see it, I wanted to be great at something. Jim McKelvey great december mom mother This entrepreneurial energy that we have in the Midwest doesn't have to go out to the coasts to get fed and watered. Jim McKelvey out get go energy At Square, we got our tech up and running in three weeks, but it took us 18 months to get licenses, banking relationships and everything else we needed to be able to move money. We had to partner up with major companies to do it. Jim McKelvey partner everything three money Personally, I don't want to do a lot of angel deals in a year. I get approached a lot. I'm becoming less and less polite, which doesn't seem to be helping. A lot of the things I get pitched on are from people who just want to make money. Jim McKelvey money angel want people It's obvious that St. Louis has certain advantages compared to other cities: namely, a concentration of financial services. Jim McKelvey other obvious concentration financial Innovation stacked upon innovation stacked upon innovation gives you this weird thing where you end up with a market all to yourself, it's really hard to unseat a company that has all those innovations. Jim McKelvey
