Lenny Distilled

Kunal Shah

CEO and founder, CRED

15 quotes across 1 episode

Building a meaningful career | Jason Shah (Airbnb, Amazon, Microsoft, Alchemy)

Life is too short to make all our mistakes ourselves. So we should be learning from other people's failures as well.

The biggest curse of successful parents is that that's the only gift they'll not be able to give to their kids, the gift of struggle that they had.

Companies that are very, very good at zero to one will not naturally become great at 10 to 100. The founder has to evolve.

No Indian has ever been paid an hourly salary in their entire life. The concept of time is not the same.

Every book you read makes your brain poorer to read the next book. That's the purpose of books.

A lot of CEOs have done well because they follow the 'dharma' of the founders quite well. These are the principles that were given to me and I'm going to sustain this and make it even bigger.

To me, wealth is nothing but information asymmetry. All the best companies in the world have unfair information asymmetry.

Life is too short to make all our mistakes ourselves. So we should be learning from other people's failures as well.

A curious person is somebody who is constantly demonstrating that they are not proud of their expertise, and they will demonstrate extraordinary amounts of excitement when they face a problem which they have no clue how to solve.

The beautiful definition of predators I read was 'one who burns the least amount of calories to earn the most amount of calories.'

The largest employer of the world is 'inefficiency', and if you take that away too quickly, we'll have a very, very jobless world.

Second order thinking is known to be the most powerful trait to predict the success of somebody.

Focus is a curse in Asian markets. In low trust markets, there is concentration of trust, and therefore you will see one app can do 400 things.

Profit pools of a country tell you a lot about what the country values. Trying to copy somebody else's profit pool to your country will not be a wise idea.

You cannot make $100 per user from a country when their income is let's say $2,500 per year as an average for the whole country.