In this episode of Invest Like the Best, Patrick O'Shaughnessy interviews Tobi Lutke, the co-founder and CEO of Shopify, about his business principles, the concept of focus, and the strategic decisions behind the Shop app. They delve into the importance of being merchant-obsessed, the marketplace business model, and how Tobi's role as a decision-maker has evolved. The conversation explores the meaning of quality, the influence of design, and the application of systems thinking within a company. Tobi shares his thoughts on personality typing, life philosophy, and the impact of the COVID-19 era on parenting and education, emphasizing the importance of adaptability and the absence of a speed limit to personal growth.
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