# How I Built Resilience: Live with Tobias Lütke and Jon Stein

- Show: [How I Built This](https://hardwarepodcasts.com/podcast/how-i-built-this)
- Published: 2020-05-16
- Length: 29m
- Page: https://hardwarepodcasts.com/podcast/how-i-built-this/2020-05-16-how-i-built-resilience-live-with-tobias-lutke-and-jon-stein

## Summary

Tobias Lütke, founder of Shopify, discusses how the pandemic accelerated digitalization trends and drove traditional businesses like Heinz to launch e-commerce sites, while Jon Stein, founder of Betterment, explains why the 2008 recession was the ideal time to start his fintech company and why current economic downturns present similar opportunities for new ventures in financial services, healthcare, and education.

## Chapters

- [0:00](https://hardwarepodcasts.com/podcast/how-i-built-this/2020-05-16-how-i-built-resilience-live-with-tobias-lutke-and-jon-stein#t=0) Introduction: Tobias Lütke and Shopify's Role in the Crisis
- [1:32](https://hardwarepodcasts.com/podcast/how-i-built-this/2020-05-16-how-i-built-resilience-live-with-tobias-lutke-and-jon-stein#t=92) Shopify's Mission and the Shift to Digital for Traditional Brands
- [3:48](https://hardwarepodcasts.com/podcast/how-i-built-this/2020-05-16-how-i-built-resilience-live-with-tobias-lutke-and-jon-stein#t=228) Entrepreneurial Mindset and Opportunities in Recessions
- [7:47](https://hardwarepodcasts.com/podcast/how-i-built-this/2020-05-16-how-i-built-resilience-live-with-tobias-lutke-and-jon-stein#t=467) Pivoting Businesses and Marketing in a Remote World
- [11:59](https://hardwarepodcasts.com/podcast/how-i-built-this/2020-05-16-how-i-built-resilience-live-with-tobias-lutke-and-jon-stein#t=719) Adapting Company Culture and Leadership to Remote Work
- [18:25](https://hardwarepodcasts.com/podcast/how-i-built-this/2020-05-16-how-i-built-resilience-live-with-tobias-lutke-and-jon-stein#t=1105) Jon Stein and Betterment's Performance During Market Volatility
- [23:28](https://hardwarepodcasts.com/podcast/how-i-built-this/2020-05-16-how-i-built-resilience-live-with-tobias-lutke-and-jon-stein#t=1408) Investor Behavior and the Stimulus Check Savings Trend
- [25:32](https://hardwarepodcasts.com/podcast/how-i-built-this/2020-05-16-how-i-built-resilience-live-with-tobias-lutke-and-jon-stein#t=1532) Advice for Founders and the Future of Work

## Topics

- [Growth, exits & acquisitions](https://hardwarepodcasts.com/topic/growth-exits-and-acquisitions)
- [Direct-to-consumer & e-commerce](https://hardwarepodcasts.com/topic/direct-to-consumer)
- [Leadership, teams & culture](https://hardwarepodcasts.com/topic/leadership-and-culture)
- [Validation & product-market fit](https://hardwarepodcasts.com/topic/validation-and-product-market-fit)

## Most relevant to

companies scaling up

## Mentioned

- Shopify (company)
- Betterment (company)
- Heinz (company)
- Slack (company)
- Publix (company)
- Venmo (company)
- U.S. Bank (company)
- Lehman Brothers (company)

## Related episodes from other shows

- [The Incredible Shrinking Pie: Why the Future Lies in E-Commerce w/ Kevin Haar](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2020-11-24-the-incredible-shrinking-pie-why-the-future-lies-in-e-commerce-w-kevin-haar) (The Manufacturing Executive)
- [58: Nothing Can Stop Us Now](https://hardwarepodcasts.com/podcast/thoroughly-considered/2020-04-01-58-nothing-can-stop-us-now) (Thoroughly Considered)
- [80: Most of Us Are Human Beings](https://hardwarepodcasts.com/podcast/embedded-fm/2014-12-10-80-most-of-us-are-human-beings) (Embedded.fm)
- [59: I’ve Always Wanted to Do a Bleep](https://hardwarepodcasts.com/podcast/thoroughly-considered/2020-05-20-59-ive-always-wanted-to-do-a-bleep) (Thoroughly Considered)
- [Co-founder & CEO of fictiv Dave Evans Talks Supply Chain Realities on EMS@C-Level](https://hardwarepodcasts.com/podcast/ems-c-level/2023-04-17-co-founder-ceo-of-fictiv-dave-evans-talks-supply-chain-realities-on-ems-c-level) (EMS@C-LEVEL)

## Citing this page

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