40 Dan Schulman Quotes for You to Enjoy

Dan Schulman

American Businessman

Born: Jan 19, 1958

Financial Money People Think World You

Related authors: Bill Gates Henry Ford Jim Rohn Les Brown Peter Drucker Stephen Covey Steve Jobs Warren Buffett

In many ways, leadership is about defining reality and inspiring hope, but if you have these great people around you and they know that what they do is going to be recognized, it can be incredibly powerful. Dan Schulman

Hope Leadership Great You Reality People Incredibly Defining Ways Recognized About Great People Inspiring Powerful Know Around Going Many

I think that sometimes people talk about disruption, and I've seen tons of startups come in as disruptors and then disappear. And I think what we need to do as an industry is think about a world that is dominated by mobile and software and not extrapolate from what was. And I think a lot of big companies tend to want to do that. Dan Schulman

People World Sometimes Seen Big Think Startups Software Extrapolate About Tend Disappear Come Talk Industry Big Companies Lot Mobile Dominated Want Then Companies Disruption Need Tons

I've come to recognize that social purpose must be embedded into the core DNA of a company. The questions 'Why do we exist as a company?' and 'How do we make a difference?' need to have the same answer. Dan Schulman

Recognize Embedded Must Purpose Come Make Make A Difference Answer How Exist Questions Same Difference Social Company Why Need Core

On average, an underserved consumer spends 10% of their disposable income on unnecessary fees and interest rates. Dan Schulman

Unnecessary Rates Consumer Fees Underserved Interest Interest Rates Average Disposable Income

We all have people who are literally one life shock away from going into a crisis. For many of us, we have a buffer in one way or another. We have a savings account, or we have credit that we can go to. The underserved don't have that luxury. Dan Schulman

PayPal benefited tremendously from having a close partnership with the eBay marketplace. It was a natural fit at the time. Dan Schulman

Time Natural Tremendously Marketplace Having Partnership Fit Close PayPal

One way to understand human progress is to look at how technology has made products and services - once reserved for the elite - progressively more accessible and affordable. Dan Schulman

Technology Progress Made Once Way One-Way More Look Understand Accessible How Affordable Human Products Human Progress Reserved Services Elite

Our overriding mantra is to be customer champion. Dan Schulman

Champion Our Overriding Customer Mantra

If you want to have the best employees, there really needs to be a vision and a mission. Talent looks for a mission. And if you have the best talent, that's the single biggest competitive advantage any company can have. Dan Schulman

Best Needs You Vision Employees Single Advantage Talent Mission Looks Any Want Biggest Really Company Competitive Competitive Advantage

I spent the first 18 years of my career at AT&T, and it was a wonderful place that kept me moving all the time. I mean, I started off as entry level a position as you can get at AT&T. Dan Schulman

Time Me You Wonderful First Spent Entry Years Off Get Wonderful Place Place Moving Mean Level Started Career Kept Position

Everyone has all the power of a bank branch in the palm of their hand. And so in that world of software at scale, theoretically the incremental unit cost of something at scale approaches zero. Dan Schulman

World Power Software Incremental Approaches Everyone Scale Cost Something Hand Branch Bank Theoretically Unit Zero Palm

When I first went into financial services, people told me not to be too over-optimistic about change. Dan Schulman

Me Change People Financial First Too Financial Services About Services

If you think about the under-30 generation, the millennial generation - GenTech, as I call them - they grew up with a screen in front of them. And so they think about everyday processes, like payments, differently than you and I do. Dan Schulman

You Generation Think Everyday About Like Call Up Than Front Screen Grew Processes Them Payments Differently

The difference between online and offline commerce is basically blurring and disappearing. Dan Schulman

Online Disappearing Between Commerce Difference Basically

I think a lot of people have predicted the demise of cash, and they've frequently been wrong. But there's no question that the smartphone is leading to the digitization of money. You really now have all the power of a bank branch in the palm of your hand. Dan Schulman

I am a huge mixed martial arts practitioner. Dan Schulman

Martial Martial Arts Am Mixed Huge Arts

Monetizing by creating more value for a Venmo user makes a ton of sense to me. But other forms of monetization that are more intrusive, like in advertising or something like that, the jury is really still out for me. Dan Schulman

Me Value Sense Other Out Intrusive Something More Like Advertising Makes Still Jury Forms Really Creating User Ton

It's so hard to predict the political environment. I think that business can't sit on the sidelines and just watch. I think we need to be a force for the values that we believe in. We need to partner with government and regulators. Dan Schulman

Government Business Political Values Partner Sit Predict Believe Think Sidelines Environment Force Just Hard Watch Need

What we want to do to monetize Venmo is to add more and more capabilities. Anywhere you see a PayPal merchant, you can click on that button and actually use your Venmo account to check out at that merchant. Then we'll monetize that transaction exactly the same way we monetize a PayPal transaction. Dan Schulman

You Add Way Out Exactly Exactly The Same See More More And More Merchant Check Click Account Same Transaction Want Anywhere Capabilities Then Use Your PayPal Actually Button

I think that the world is going to remain a very interconnected place. I don't think there's any getting away from that. The Internet has brought us closer together. I think cross-border trade is going to continue to grow substantially. I think there may be certain trade agreements that can be renegotiated, one way or another. Dan Schulman

Together World Internet Think Way Brought One-Way Remain Another Trade Trade Agreements Continue Very Closer Any Getting Going May Substantially Interconnected Place Us Certain Agreements Grow Away

In addition to my job at American Express, I'm also chairman of the board of Symantec, one of the leading players in anti-virus and cyber-crime prevention software, so I know firsthand just how sophisticated many of these attacks can be. Dan Schulman

Physical money, whether it's checks or cash or credit card, are digitizing in front of us. Dan Schulman

Money Physical Cash Checks Front Whether Us Credit Card Credit Card

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