Klarna Founder: From $0 to $46 Billion: Sebastian Siemiatkowski | E98
- Sep 19, 2021
- 1:17:34
- Full Episode
This weeks episode entitled 'Klarna Founder - From $0 to $46 Billion' topics:
0:00 Intro 02:06 Your early years 14:25 Challenging your employees 29:40 The start of Klarna 48:41 The painful moments of Klarna 01:00:48 Your relationship with money as a billionaire 01:03:18 The death of your father 01:10:04 Becoming a father yourself
Sebastian: https://twitter.com/klarnaseb?lang=bg https://www.instagram.com/sebastiansiemiatkowski/
With such a great reception to The Diary Of a CEO live we’ve decided to take it around the U.K. Sign up here if you’re interested in coming - https://thediaryofaceolive.com/
Listen on: Apple podcast - https://podcasts.apple.com/gb/podcast/the-diary-of-a-ceo-by-steven-bartlett/id1291423644 Spotify - https://open.spotify.com/show/7iQXmUT7XGuZSzAMjoNWlX
FOLLOW ► Instagram: https://www.instagram.com/steven/ Twitter: https://twitter.com/SteveBartlettSC Linkedin: https://www.linkedin.com/in/steven-bartlett-56986834/
Sponsors: https://uk.huel.com/ https://myenergi.com/?utm_source=steven_bartlett&utm_medium=referral&utm_campaign=podcast
Brief Summary
Sebastian Siemiatkowski shares his journey from immigrant roots to leading Klarna, emphasizing resilience, self-belief, and the complexities of wealth and leadership.
Key points
- The Immigrant Experience. Sebastian discusses the struggles and biases faced by immigrant families in Sweden.
- Entrepreneurship and Immigrant Drive. The conversation explores how immigrant backgrounds often lead to entrepreneurial success.
- The Balance of Rules and Learning. Finding the right balance between enforcing rules and encouraging personal learning is crucial.
- The Hule Bug Phenomenon. Discovering the transformative impact of Hule on lifestyle and health.
- Starting a Company Without Technical Skills. A co-founder reflects on building a tech company despite lacking technical expertise.
- The Cost of Misalignment. Misunderstandings in expectations led to significant ownership loss and conflict.
Episode highlights
- The Immigrant ExperienceSebastian discusses the struggles and biases faced by immigrant families in Sweden.“Life isn't necessarily fair.”5:19Sep 19, 2021
- Entrepreneurship and Immigrant DriveThe conversation explores how immigrant backgrounds often lead to entrepreneurial success.“You have to do it yourself or it doesn't happen.”10:42Sep 19, 2021
- The Balance of Rules and LearningFinding the right balance between enforcing rules and encouraging personal learning is crucial.“How do I encourage people to learn without enforcing too much?”23:53Sep 19, 2021
- The Hule Bug PhenomenonDiscovering the transformative impact of Hule on lifestyle and health.“If you catch the Hule bug, it will change your life.”29:31Sep 19, 2021
- Starting a Company Without Technical SkillsA co-founder reflects on building a tech company despite lacking technical expertise.“It's ironic to build a mega tech company without being technical.”29:43Sep 19, 2021
- The Cost of MisalignmentMisunderstandings in expectations led to significant ownership loss and conflict.“We had given off 37% of the company to them for the technology.”38:25Sep 19, 2021
- Learning from CompetitionFacing competition from Afterpay transformed CLA into a better company.“Stop whining... this is going to make you so much better.”55:02Sep 19, 2021
- Navigating Media ScrutinyA media inquiry sparked by an operational mistake led to significant challenges.“I would go into the comments field and write my responses in real time.”56:28Sep 19, 2021
