Harley Finkelstein on Shopify, Leadership and Learning to Be Present at Home

The Shopify president discusses communication, anxiety and the lessons he and his wife have learned about partnership and parenting.

HFHarley FinkelsteinGast · Shopify
Kanal
20VC with Harry Stebbings
Veröffentlicht
11. März 2022
Video
59:29
Lesezeit
7 Min.
Original
Englisch
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In this 2022 full interview with Harry Stebbings, Shopify president Harley Finkelstein recounts his entrepreneurial path and discusses communication, leadership, marriage and fatherhood. He shares personal experiences with anxiety and counseling, and describes his hopes for Shopify and entrepreneurship. His company figures and views reflect the interview period and his professional interest in Shopify; his personal experiences are not universal medical or relationship guidance.

  1. 1Listening can be more efficientHe says quick instructions sometimes required follow-up because others did not understand, so he began making space for questions.
  2. 2A personal account of anxietyHe describes speaking with a psychologist and finding support through conversation, without suggesting one method works for everyone.
  3. 3Build complementary strengthsHe says a leader need not master every function if colleagues bring the skills the team needs.
  4. 4Ask whether to listen or solveHe describes asking his wife what kind of support she wants rather than assuming he should immediately fix the problem.
  5. 5Presence over a perfect breakfastHe says his children valued his attention more than elaborate preparations.
  6. 6A five-year aspirationIn 2022 he hoped to support entrepreneurship while growing as a husband and father; this is a personal goal, not an established outcome.

Das Wichtigste

  1. Clear communication includes checking what others understand, not only delivering a message quickly.
  2. Complementary skills and mutual trust can make professional disagreement more productive.
  3. Personal experiences with anxiety and counseling differ, and no single approach suits everyone.
  4. Asking whether someone wants listening or help solving a problem can clarify support.
  5. Scheduling time and giving attention can help protect family priorities.
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01

Entrepreneurship and Shopify

Finkelstein recalls his first businesses, family hardship and meeting Tobi Lütke. His account of Shopify’s development is from a senior executive.

Harley Finkelstein recalls an early interest in entrepreneurship: at 13 he wanted to DJ at celebrations, and when companies would not hire him, his father suggested starting his own business. He saw entrepreneurship as a way to solve a problem he personally cared about.

At 17, after his family lost its financial security, he says he sold T-shirts while studying in Montreal to help support his mother and sisters. A mentor encouraged him to study law as a way to become a better entrepreneur. He describes that period as survival rather than a universal model for others.

In Ottawa he met Tobi Lütke, who had built software for an online snowboard store and was developing Shopify. Finkelstein became an early merchant, using it for his T-shirt business. After law and business school, he says he left legal practice in 2009 to join the small Shopify team.

Finkelstein says hardship taught him to look for ways to respond and adapt. He sees entrepreneurship as one possible tool for dealing with setbacks while acknowledging that it is difficult and does not guarantee success. He also invokes his grandfather’s experience as a Hungarian immigrant and Holocaust survivor.

He says the pandemic pushed some physical retailers to adopt digital tools and believes that made many more resilient. As Shopify’s president, he has a commercial interest in the adoption of online commerce. His generalizations about businesses and profitability are his perspective, not verified results for every merchant.

02

Communication, anxiety and growth

He discusses listening, vulnerability and his personal experience with anxiety. Company figures and psychological observations are attributed to him and reflect 2022.

Reflecting on communication, he says his early preference for short, fast meetings was not always efficient: colleagues sometimes left without understanding him and needed a second explanation. He began inviting questions privately as well as in the room and recording discussions when further clarification was needed.

As Shopify grew to what he describes as more than 10,000 people in 2022, he says he had to change how he communicated direction. For him, empathy includes asking how the other person receives a message, rather than assuming clarity because the speaker feels clear. The headcount is his historical company-side account.

Finkelstein describes living with anxiety and says he eventually spoke with a psychologist and gained language for the experience. Discussing it with colleagues and others brought him suggestions and made him feel more approachable. This is a personal account, not a claim that any particular technique works for everyone.

He believes genuine vulnerability can build connection, whereas constant bravado may seem inauthentic. He does not suggest sharing everything indiscriminately: context and honest intent matter in his account. His claims about its effect on leadership are observations, not measured causal results.

His leadership insecurity is whether he can learn as fast as Shopify changes. He presents company growth figures and his hope to make entrepreneurship more accessible, speaking as Shopify’s president. The interview’s user and commerce figures are historical company claims and should not be treated as current measurements.

Finkelstein distinguishes stress he experiences as motivating from stress that can be debilitating. He says openness helped him find tools that personally supported him. These are his reflections, not a clinical assessment or evidence that anxiety can always be turned into an advantage.

03

Mission and partnership

He describes complementary strengths, storytelling and how trust supports disagreements with his Shopify co-founder. These are his leadership views.

He treats his years at Shopify as a personal-growth journey and says scaling does not mean becoming good at every function. He favors knowing one’s distinctive strengths and surrounding oneself with people whose skills complement them. He identifies storytelling as one of his own strengths and operational detail as an area where he relies on others.

Stebbings worries founders are losing the art of storytelling. Finkelstein connects storytelling to a clear mission: in his view, a company seeking to endure needs to articulate why it exists. This is his management philosophy, not evidence that one narrative guarantees a company’s success.

He says a mission can help employees understand why they want to work at a company beyond compensation. He cites 2021 US business-registration figures as context for interest in entrepreneurship; those figures are his recollection and do not by themselves establish why individuals left jobs or started businesses.

Finkelstein describes telling stories about Shopify merchants rather than only listing product features. He uses Gymshark founder Ben Francis as an example of a narrative about a person, a perceived gap and a business journey. He is Shopify’s president and an investor, so his account is tied to his professional and commercial interests.

A founding team does not need identical talents, he says. One person may be strong at engineering or design while another is better at communicating and commercialization. He praises complementary skills within Shopify’s leadership, an assessment from a senior executive of the company.

On disagreements with Lütke, Finkelstein says mutual respect makes it possible to challenge ideas without making the disagreement personal. He uses Shopify’s “trust battery” metaphor: trust is built through interactions and helps create room for debate. Sometimes a partner must disagree and commit.

He says each partner sometimes defers to the other’s greater expertise, and that enjoyment also matters in a long professional relationship. Difficult days are unavoidable, but he believes having fun together over time makes the work more sustainable. These are his observations about that partnership.

04

Marriage and listening

Finkelstein discusses what he and his wife learned from counseling and how they make space for each other. Their experience is personal rather than universal guidance.

Turning to marriage, Finkelstein cautions that social media usually shows highlights rather than a complete relationship. He says he did not begin knowing how to be a good husband, so he sought advice from couples whose relationships he admired. He and his wife try to support each other’s separate work and priorities.

He says they began couples counseling early and continued regularly. For them it creates a place for candid conversations, including when things are going well. This is their personal experience with counseling, not a recommendation that every relationship requires the same approach.

One lesson was to ask whether his wife wants him to listen or help solve a problem. His reflex had been to offer solutions immediately, while sometimes she wanted to be heard. He says the question improved their relationship; the precise impact is his subjective assessment.

Stebbings worries that a relationship might reduce his professional edge. Finkelstein instead sees family, close friends and colleagues as a foundation for his demanding work. He thinks each couple must decide how to organize their relationship rather than assume a business operating style always applies.

He describes alternating responsibility for date nights and learning to let his wife plan an outing even when he would choose details differently. For him the practice is partly about making space for the other person’s preferences. The examples reflect the resources and routines available to his family.

05

Fatherhood and time

He reflects on attention, scheduling and the changes he made to spend time with his children. He acknowledges some supports require resources.

Asked about fatherhood, Finkelstein says he initially confused making elaborate breakfasts with being present. During counseling, he realized his children valued his undivided attention more than a carefully prepared table. He presents this as a lesson about his own family, not a universal parenting measure.

To make time for his children, he scheduled exercise earlier and later work around their bedtime. He says he hired a trainer and acknowledges that not everyone can afford that support. He also blocks weekend time for activities such as skiing with his children, so they can focus on one another.

Calendar invitations can feel unromantic, he acknowledges, and his wife does not always love them. For him, scheduling makes a walk or family activity more likely to happen. He describes it as a practical compromise for someone who does not naturally leave weekends unplanned.

06

Learning and future hopes

He discusses books, board members, his children and his five-year aspirations. His company figures and outlook are historical statements.

In the quick-fire round he discusses reading outside business and recommends Andy Grove’s High Output Management as a favorite business book. He enjoys hearing people go deeply into subjects such as history or music that differ from his daily work.

He says the hardest part of his Shopify role is keeping up with the company’s growth and learning at a sufficient pace. He cites about two million stores as a company figure at the time; that is his historical statement, not a current verified count.

He admires John Hope Bryant’s work to support Black entrepreneurship and says he recently joined the organization’s board. He also credits Shopify board members Gail Goodman and Jeremy Levine with lessons about reorganizing and listening before speaking. These are his personal assessments and relationships.

He hopes his children develop a deep interest, kindness and ambition directed toward meaningful things, including family time. Looking five years ahead from 2022, he hopes to support more entrepreneurship and continue growing as a husband and father. His optimism about Shopify and the world is an aspiration, not a forecast of results.

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