
Most businesses solve the wrong problem efficiently. I help them find the right one. Fractional COO | Advisor & mentor 🚀 | #SME #Founder #Operations #AI
London & Europe
Joined February 2013
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Really enjoyed chatting w Doug from @AuthorityMgzine 📰 last month.
Here’s 5 things I wish I knew before leading my biz 👇👇 #leadership #growth #sme
James Morris of Trafalgar Structures: Five Things I Wish Someone Told Me Before I Became A CEO by Doug Noll link.medium.com/EcQeuQE75Ab
James Morris retweeted
“There are political repressions taking place. Now they’ve reached us.” Journalist and Nobel laureate Dmitry Muratov tells me how the Russian authorities have “strangled” Russia’s most prominent independent newspaper. Novaya Gazeta is closing down. #ReadingRussia
Most businesses ask “where should we use AI?”
The better question is “where is our time quietly leaking?”
I’m doing more and more work where AI meets operations, and an AI opportunity audit is where it starts. upwork.com/services/product/… #AI #operations
James Morris retweeted
By the way this means that for businesses, employing a minimum wage worker now costs nearly double what it did ten years ago.
Adjusted for inflation, it's a 33% increase in real terms, and the amount of employers NI (tax) the company pays is 2.5x what it would have been
A big contributor to youth unemployment -- it's just less and less viable to hire entry-level people at this cost
Heads up that in the last decade, the full-time equivalent salary on the minimum wage is up 77% from £15k to £26.5k
Meanwhile both the personal allowance and the 40% tax band threshold haven't moved in seven years
In 2016 someone earning minimum wage paid just £795 of tax a year; now they pay £2,773
James Morris retweeted
Heads up that in the last decade, the full-time equivalent salary on the minimum wage is up 77% from £15k to £26.5k
Meanwhile both the personal allowance and the 40% tax band threshold haven't moved in seven years
In 2016 someone earning minimum wage paid just £795 of tax a year; now they pay £2,773
James Morris retweeted
There are 5.6 million small businesses in the UK.
SMEs account for 99.9% of the business population.
This government seem hell bent on destroying the entire sector.
Insane.
The number 1 reasons (by a long shot) entrepreneurs build a business is “to achieve financial freedom”.
The financial freedom motivation is 2x more than the second motivation “pursue a passion”.
Why do people buy a lotto ticket?? Because they want the prize! If you remove the prize, people wouldn’t buy a lotto ticket.
When the government removes the prize (as they are doing) then fewer people will start or grow a business in the UK.
As it currently stands …
- They take half the money you make while you’re earning
- even more when you spend it
- even more if you die
- even more if you sell the business
… where’s the prize for the winner???
Let me be clear, if they go ahead with this new tax on entrepreneurs I am on the record encouraging UK entrepreneurs and startups to seriously consider going elsewhere to start, scale, grow and exit.
We live in a global economy and many many countries are trying to win your business. If the UK Government doesn’t value the risk taking and effort required to build a business then let them deal with the consequences.
telegraph.co.uk/business/202…
James Morris retweeted
🚨 Hiring Fractional CFO (ECOM)
Looking for the next person to join our team as a Fractional CFO!
You’ll work directly with me and our bookkeepers, CSM and other CFO’s.
We’ll handle the sales, provide our internal dashboard and models to use, and all our SOPs.
You’ll get ownership of your clients finances and are responsible for keeping them profitable and happy! You’ll cover about 5 - 10 brands.
What we’re looking for:
* 3+ Years Ecom experience
* Strong financial modeling experience (3-statements, cash flow, forecasting)
* HIGH level of diligence and ability to juggle clients
* Ability to explain topics clearly and form your own opinions based on data
Fully remote, set your own hours, 6-figure target comp. Preference for Dutch speaking candidates.
DM me if interested!
(Or if you know someone, paying $1K for any intro’s we end up hiring) 🙏🏻
James Morris retweeted
A reminder: Your current struggle is just one chapter, not the whole story. Keep showing up!
James Morris retweeted
It's a very grim pronouncement, but you have to concede this is a very funny line from Peter Hargreaves
James Morris retweeted
Twenty five years ago today, a 62 year old man with cancer in his bones walked 2,687 people out of the South Tower, and then he went back inside.
Rick Rescorla was born in Hayle, Cornwall in 1939. British Parachute Regiment in Cyprus at 18. Colonial police in Northern Rhodesia. Then he came to America, enlisted in the US Army in 1963, and in November 1965 he went into the Ia Drang Valley as a platoon leader with the 2nd Battalion, 7th Cavalry.
Hal Moore called him the best platoon leader he ever saw. His men called him Hard Core. He sang to them in the dark, Wild Colonial Boy in an Australian accent, because he had worked out that men who are singing are not men who are panicking. That is Rescorla on the cover of We Were Soldiers Once and Young, bayonet fixed.
Thirty five years later he was head of security for Dean Witter, later Morgan Stanley, in the South Tower of the World Trade Center.
In 1990 he brought in his old friend Dan Hill and the two of them walked the basement. He warned the Port Authority that the parking garage was wide open, that somebody could drive in a truck full of explosives, walk out and light it off. Nothing was done. Three years later the 1993 bomb went off about thirty feet from the spot he had flagged.
After that he told Morgan Stanley the towers were still a target and the next attack would come out of the sky. He wanted the firm to leave Manhattan. The lease ran to 2006, so they stayed. Twenty two floors of the South Tower, roughly 2,700 people.
So he drilled them. Every three months, everyone, no exceptions, down the stairwells two abreast while he stood there with a stopwatch. Traders pulling seven figures resented being marched down concrete stairs by a Cornishman with a clipboard. He kept doing it anyway.
8:46 a.m. The North Tower is hit. Port Authority comes over the South Tower loudspeakers and tells everyone the building is secure and to go back to their desks. Rescorla picks up a bullhorn and tells his people to get out.
He phones Dan Hill. "The dumb sons of bitches told me not to evacuate. They said it's just Building One. I told them I'm getting my people out of here."
9:03 a.m. The second plane hits the South Tower, floors 77 through 85. His people are already in the stairwells, moving exactly the way they had been drilled, and Rescorla is on the bullhorn singing to them. Cornish songs. A version of Men of Harlech he had rewritten for Cornwall. Men of Cornwall stop your dreaming, can't you see their spearpoints gleaming.
He called his wife Susan from the stairs. They had been married two and a half years, met jogging in New Jersey. He told her to stop crying, that he had to get these people out safely, and that if something happened to him he wanted her to know he had never been happier, that she made his life.
Someone told him to get out. He said, as soon as I make sure everyone else is out.
2,687 Morgan Stanley employees went home that day. Thirteen did not, and four of those were Rescorla and the men who stayed in the building with him: Wesley Mercer, Jorge Velazquez, Godwin Forde.
He was last seen on the 10th floor, walking up.
The South Tower fell at 9:59. They never found him.
James Morris retweeted
I hereby declare the "learn to code" era officially dead:
Big declines in the number of people studying computer science in the last year or two 📉
Chart from this week’s edition of our newsletter on AI and the labour market ft.com/content/9183a122-10b7…


































