Entrepreneur & Investor.
Entrepreneur & Investor.
Roy Thomson & Business Heroes

Issue #28: Roy Thomson & Business Heroes

NOTE: this was a past issue of my weekly newsletter, Friday Gems. Join my free mailing list so you don’t miss out on future issues.


Sponsored by Atlasview Insights

A weekly newsletter for business owners & deal makers. Get the inside scoop from a small business acquirer & operator. We share everything from deal sourcing, portfolio operations, maximizing cash flow, and generating return on investment.

It’s 100% free forever, so subscribe today!


Today’s gem is this presentation on business heroes by Mark Leonard. It was presented at the University of Toronto earlier this year.

The presentation features Roy Thomson, which Mark considers his business hero and key inspiration for starting Constellation Software. Roy failed twice chasing high-growth industries, before striking gold with newspapers in his 40s. I didn’t know much about Roy’s career, so these slides were a great summary for me.

The presentation also discusses what to look for in business heroes and how to study them. As well, Mark discusses some points around good vs. bad businesses and why growth businesses may not be great businesses.

Shoutout to Misty Crescent Capital for surfacing this gem.