Mitch Morris
@mitchellcmorris
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Sharing my thoughts on business and life. Advisor / Multi-SMB owner / Biz Prof. / Ex CIO / Investor. Architect of Foundational Thinking + The SIMPL Method
SoCal
Joined January 2023
Train at 80% so you can execute at 100%. Performance at 100% all the time leads to failure. Failure of body, of mental acumen, and of objectives.
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Amazing
Havfarm 1 is a stationary, offshore fish farm located approximately 5 km southwest of the island of Hadseløya, Norway. At 385m/1263ft long and 59.5m/195ft wide, Havfarm 1 is the largest semi-submersible structure ever built. It has the capacity to host 10000 tons of salmon.
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Exhausted in 20 minutes with this morning's gym routine. Reminds me of an old instructor of mine, Master Charles Robert, used to brag about how we could exhaust anyone, in any shape in 15 minutes and it's not the point. 😂 Fwiw, our workouts back then were exceptional. We
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It's been evident since almost day one, who has had this fantasy?
LLMs are the new disk drives: commodity infrastructure you hot-swap for whoever’s cheapest + best. The fantasy that the model is a moat just expired. ☠️
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But is it a larger black hole then posting here on X?
Applying to a job in 2025 is the statistical equivalent of hurling your resume into a black hole, per BI
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To not have to worry about it. I think this is more of a state of being. IMO both of these options are just different games.
What's your financial end game family office? holdco?
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So going forward, when @McKinsey provides you a quote, reduce said quote by 57%? Seems fair 🤷
McKinsey has said that AI can automate 57% of US work hours
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With no further information, would you rather invest in:
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I have intentionally used this concept to drive results and accountability. We used to call it, "the greed factor." Start by sitting all the stakeholders (take a new venture team for example) around the table and get them to honestly confess to each other, why they are there
Capitalism channels greed into outcomes
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An often overlooked first principle of success: Your work does not have to be original. What needs to be original is how you synthesize, package, and deliver it.
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In every service company I have started and been involved in, break even and profitability has come within months. Now for products it's been years and many times, as an investor, it never showed up.
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👇+ tailor your pitch to the audience.
Always keep in mind that a venture investor might review 1,000 proposals and say yes two or three times. Are you one of those few that can make the cut? Build your proposal around this thinking…
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A simple business truth: Well capitalized companies are extremely easy to grow revenue in comparison to under capitalized companies. Profitability is a different formula.
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Just me Vs this cable thingy. Then a few emails and some advising at 1. Slow mornings, while still in the game, are a goal.
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IMO no one ever needs a business write off. Reinvestment... Yes. More $ in your personal bank account... Yes. Give to charity because you love what they do... Yes. Pay the taxes bank the rest... And yes social impact and social good are bankable. They are worth spending on.
Raise your hand if you need a year-end write off 🙌 Bonus points: Do you have a plan to make it happen?
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Hmm, he forgot to answer how does one get started in a "big market" 🤔
The best entrepreneurs go after the biggest markets. "Niche down" is bad advice if you want to get big. Pick a big market. Get a big business.
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This business environment is great for increased revenue, due to price increases. What isn't being spoken about is that it's mostly due to increased costs. Don't be fooled, look at profits.
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It turns out that many business owners don't know what the problem is, only the symptoms. Treating the symptoms rarely provides a solution, but a dependance on the symptom reliever.
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