Shopify CEO Tobias Lütke on Building a Better Future

6 snips

Feb 27, 2021

Tobias Lütke, the Founder and CEO of Shopify, explores the intersection of Stoic philosophy and modern entrepreneurship. He shares his journey into Stoicism and its relevance in navigating power and wealth. Lütke emphasizes the importance of ethical responsibility in business and the lasting impact of individual choices. He contrasts infinite versus finite games in entrepreneurship, advocating for long-term value creation. The discussion also delves into storytelling, legacy, and the responsibility of builders and creators to align their practices with personal values.

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ANECDOTE

Koblenz Anniversary

Tobias Lütke grew up in Koblenz, Germany, a town with a 2000-year history as a Roman fort.
He noted a stark contrast in historical perspective between Europe and North America.

ANECDOTE

Introduction to Stoicism

Tobias Lütke's introduction to Stoicism began in a classical language school with Latin and Ancient Greek.
He read Cicero, then Marcus Aurelius' Meditations, which became his most-read book.

INSIGHT

Power Reveals

Power reveals character, it doesn't necessarily corrupt it, exemplified by Marcus Aurelius's virtuous reign.
His example shows it's possible to resist corruption even with absolute power.

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Ryan talks to Shopify CEO and founder Tobias Lütke about his introduction to Stoic philosophy, how Stoicism can be a guide to wealth and power, the importance of builders and entrepreneurs in society, and more.

Tobias Lütke is the founder of Shopify, a Canadian e-commerce firm that helps companies set up and run online stores. Lutke grew up in Germany and moved to Canada in 2002. Shopify had 1,000,000 businesses in approximately 175 countries using its platform as of January 2021.

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