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These numbers and trends are all positive and that’s what we should focus on rather than Dorsey’s personal habits. • The proximity of Square and Twitter makes running two companies a bit easier. • Dorsey manages his time according to Square and Twitter employees assiduously, though highly regimented meetings with specific agendas and goals.
Each day is structured around a style, such as product development. • Square’s concentrate is on smaller merchants. In his youngsters, Dorsey worked in his mother’s restaurant. He learned early the issues of payment handling: “muddled, expensive unnecessarily, and unsightly, with hulking cash registers, mounds of paper receipts, concealed charges, and insulting credit investigations for merchants.” Not something a small business or market stall could deal with. 2,000 pieces of glassware for an overseas buyer, because he couldn’t accept her credit card, Dorsey, and McKelvey attempt to make a portable credit card reader that anyone could use.
Dorsey centered on the software, McKelvey on the hardware. When in 2009 2009 they realized they could connect the reader for an iPhone using the sound jack, Square was born. • Dorsey acquired initial problems offering himself and Square to endeavor capitalists. To counter their level of resistance, Dorsey made a presentation slip entitled “140 Reasons Square Will Fail courageously.” The project attracted funding by using Williams who had instigated his ouster at Twitter.
• As Chamonyx described, Dorsey has encircled himself with a great management team that can function without a micromanaging CEO. It allows him much needed breaks from his obligations also. • the Square was built by him team from scratch, choosing mostly people without a background in the payment industry and avoiding a few of the issues and infighting that had plagued Twitter, his other co-creation. • Dorsey’s style is never to talk much but to pay attention.