Spot on.
Underrated reason why businesses fail:
The owner hires B players for leadership, and keeps them.
How to hire A-players every time. Avoid these 15 red flags:
1. If someone obsesses about their title, they care more for optics than tactics. Titles chasers = clout chasers
2. They can't bring anyone with them as a new leader? Means no one thought they were worth following before.
3. If someone's calendar is unorganized and uncategorized... so is their life. Structured minds structure most things.
4. When someone is late to an interview, for any reason, ever, it's never worked out. Which is funny because I'm always late (red flag).
5. You interviewed someone before, they weren't right. So you gave them another chance. 9 times out of 10... trust your first gut.
6. When someone lists more than 2 jobs they have at any given time. No, you do not do 10 "board" positions simultaneously and well.
7. If someone has a new startup and a podcast? Immediate no. Grow the business, not your brand, first.
8. You walk into a startup founder's office and the walls are covered in articles about them... Don't invest.
9. They have a company with 3+ founders. That's a no. Too many cooks mean a disaster in the kitchen.
10. The founder prioritizes meetups and speaking events over doing the work. Ship product, then take interviews.
11. Someone refers to themselves as founder regularly & unprompted in conversation? No bueno. I started X company > I am a founder
12. A founder writes a slew of twitter threads while in the early stages of their non-media company. Run don't walk away.
13. A potential executive hire has a side hustle? Red flag.
14. You call all the references for a new hire and no one calls you back. Do a double take.
15. New hire tells you they have a competing offer to negotiate their compensation. Pass. They're either a f*ck yes or a no.
Now, there are always exceptions... But these at least raise my antennae to question…
What am I missing?
Tragic!
#FactFriday Did you know that Canada has the lowest spending on research and development among the #G7, with no increase in the last 20 years?
#Canada is falling behind in research and development and it's time we catch up 🕐
Michael Stumm retweeted
How to read a paper online:
1: open PDF in browser
2: skim abstract & figures
3: leave tab open for weeks
4: accidentally close tab
5: search for paper again
6: go to step 1
Fantastic article on how IMAX (invented in Canada) transitioned over time. hbr.org/2013/07/the-ceo-of-i…
Michael Stumm retweeted
A portrait downtown Kyiv. A ballerina on used bullet castings. By Jácome & Onipko, Unbroken
Michael Stumm retweeted
In a company with 100 employees, 10 will produce half the work.
This is Price’s Law: 50% of the work is produced by the square root of the total employee base.
So very true!
Consultants know less than they claim, cost more than they seem to, and prevent companies from developing their own in-house capabilities.
When I worked at BCG, for the most part I had no idea wtf I was talking about.
archive.is/2023.02.14-085134…
Outstanding piece on the crypto business sector. Spot on IMHO. By Rimer, who is the smartest VC I ever met. fortune.com/2022/10/20/crypt…
One month of unlimited rides throughout Germany for $9. Tickets sold: 60M = $540M in revenue. Toronto should offer $5 monthly passes. Revenue would go way up. cnn.com/travel/article/germa…
Very valid opinions re publishing in computer science.
The toxic culture of rejection in computer science
sigbed.org/2022/08/22/the-to…
Toronto downtown needs this!
"A jacked-up motorcycle in the middle of the night can easily wake up 10,000 people."
More cities in #France install "Méduse" anti-noise radars, which have 4 microphones, camera to automatically ticket vehicles that exceed a certain number of decibels
ouest-france.fr/pays-de-la-l…
Michael Stumm retweeted
The Mona Lisa is a great lesson on fame.
Leonardo da Vinci began his masterpiece in 1503 but few people were talking about it for the next 400 years.
Today, it's the most famous painting in the world. How did it happen? A major scandal in 1911.
Here's the story🧵
Michael Stumm retweeted
Can’t buy food at Canada’s largest grocery oligopoly because the banks oligopoly relies on the telecoms oligopoly
True story! Interac is down at Loblaws this morning due to this outage. Bring cash or credit. #topoli
I fully buy into this!
Replying to @paulg
University curriculums are somewhat misleading here. Students want classes on "entrepreneurship," so universities offer them. But you'd be much better off taking a class in operating systems or cryptography instead. Or almost any other subject you were genuinely interested in.
UofT at #27 but moving up.
Top Universities for Entrepreneurial Founders - via Pitchbook:
pitchbook.com/news/articles/…
Michael Stumm retweeted
COMMENTARY | Facebook Should Stage Regular Outages to Awaken Its Clueless Critics | via @rc_markets
realclearmarkets.com/article…
Unacceptable: MyMedia @UofT has been down most of the day. Over 10,000 students rely on that. It was also down for days just before the term. What is going on? When will there be a communication on this? Who is being held accountable?
It’s time for @uoft to act! Embarrassing that other Canadian universities are showing more leadership…
Breaking: Ottawa hospitals and @Carleton_U drop testing for unvaccinated people. Everyone on campuses will now have to be fully vaccinated #COVID19 #vaccination


















