A CEO is a necessary role to manage a business properly, provided they can align with the company's existing culture and mission.

“you would need a CEO who is part of CEO's job is to make sure that the company makes money so they have to be profit focused but you would need a CEO that can roll with your stuff”

Having a formal CEO at a creative company would likely result in a focus on short-term profits that could compromise the company's identity.

“CEOs to a certain degree are often going to be very profit focused which makes I mean that's their job that is their job I'm not like I'm just saying would that have led to us making nfts would that have led to us making a coin would that have led to us doing various different things”

Leaders must eliminate bureaucracy and political maneuvering by establishing clear metrics, fostering trust, and avoiding the avoidance of difficult conflicts.

“And then if you don't do that, what ends up happening is triangulation. Departments compete with departments and they find ways to throw them under the bus.”

He argues that an HR department that lacks a focus on driving the company forward and creating value can become divisive, necessitating its removal.

“If you have a small HR group and they're not working to drive the company forward and they're not looking to help hire with speed and they're not looking to, you know, have programs and benefits and things in there, you know, at the lowest cost and work for that and then you've got this little HR gr”

Companies that branch into new ventures without a clear focus on profitability are prone to failure.

“Sometimes I think that it's strange that people will start these new ventures and it feels like they have no idea at all how to make it profitable or they're just they're just like praying at some point that some kind of like profitability emerges.”

Frugality is a highly desirable trait in management that often indicates a strong commitment to cost control.

“Now frugality is is great in business. If you have management that tends to be frugal. I think it's a huge bonus because if you're frugal in life, chances are you're going to be frugal in business.”