Episode 36
Shameless Edutainment (feat. Michael Kravshik, CPA and CA) | Co-Founder of LumiQ | lumiqlearn.com | Recorded November 1, 2021
Shout out to our sponsors this week:
Botkeeper and Reach Reporting
Some Notes:
- the amalgamation of CA CMA and CGA in Canada (sup Brian Clare)
- impressive vs. weird vs. unique
- CPAs, Jews, doctors, lawyers, and auditors
- financial auditors and tax auditors
“you need financial statements to be free of material misstatement” MK
- a cow and a bag of onions as a recurring expense for a uranium mine
- the word versatile was tattooed on Scott’s arm (was)
- a Master’s Degree in counter-terrorism, not Japanese History (sup Peter Wen)
- Japan vs NYC cultures - equally great with food, not so much with manners
“history is the only thing that actually happened” MK
“only fools learn from their own mistakes, the wise learn from the mistakes of others” OVB
- electromyography as it relates to the ŌURA Ring and its “BS technology” per Dr MK
- the impetus to LumiQ (sup Adam Bercovici)
- is Luminary a worthy word to get tattooed on your arm?
“people don’t actively look for work until they’re extremely miserable in their job” MK
- lessons learned through all of the early iterations of LumiQ that eventually led to CPE and CPD for accountants through podcasting and an easy to use mobile platform
- do you remember when HQ Trivia game was all the rage 3 years ago?
- the importance of pivoting and emotionally letting go of sunk costs after dedicating a lot of time and money towards an idea that ultimately doesn’t pan out
- having a vision and seeing a path towards something much more meaningful in the midst of chaos
“i hope that we have created a slightly better world for accountants” MK
“a lot of times school can ruin learning and i felt like we can make learning fun and interesting…when we launched our tagline was enjoy CPE” MK
two key components to LumiQ
- Ease of Use: an entire app ecosystem (Android, iOS, Web) with builtin quizzing, docs, and content
- Edutainment: content that is actually entertaining and educational
“what’s in-between the ears of very successful professionals is a lot more valuable than what’s in-between the covers of textbooks” MK
shout out to some guests that have been featured on LumiQ
- Allen Shim, CFA | CFO of Slack
- Russ Jones | former CFO of Shopify
- Ken Goldman | former CFO Yahoo!
- Rob Krolik | former CFO Yelp
- William Tunstall-Pedoe | the creator of Amazon Alexa
- Jim Balsille | co-founder of RIM, Blackberry
"the creative constraints that Ethics courses pose...a lot of times the way ethics is taught is very black and white, but what’s really interesting about Ethics are the gray areas, that’s what makes it a compelling and difficult and challenging topic" MK
- if you listen to a one-hour course at 2x speed, do you get half an hour of CPE or an hour?
- is Blake Oliver of EarmarkCPE your Arch-Rival?
- is there anyone else that does what you guys do?
- Edutainment: media designed to educate through entertainment.
- if you could tattoo one word on your arm, what would it be?
“Shamelessness is the key to running a startup, you just gotta forget what other people are telling you... and make waves. how do you get guests on a podcast? how do you make an impression on people? it’s by doing things that other people won’t do” MK
“Welcome to Winnipeg, we were born here, what’s your excuse?” The Simpsons
