andrew morgasen

Question: What is the correlation between business owners and ADHD? Answer: Where did I leave my keys? There are a lot of qualities that make it possible for somebody to be successful as a small business owner. ➡️ Intelligence ➡️ Obsession with finding a solution ➡️ Finding the quickest way to complete a task ➡️ Confidence ➡️ Reluctance to do low-value tasks ➡️ Creativity The positive aspects of ADHD also come with certain less desirable qualities as well. ⬇️ Trouble beginning tasks ⬇️ Difficulty Focusing except when Hyper Focused ⬇️ Inability to delegate tasks ⬇️ Trouble Organizing Thoughts and Workspace Is this a flaw or a feature?

A lot of people are asking what they should do about the SpaceX IPO, so I figured I would answer everybody at once... I don't know. 🤷‍♂️ 🤷‍♂️ Stocks go up and down for countless reasons on a daily basis. IPOs are even more volatile than established stocks from public companies. Here are a few things to think about. ➡️ Retail investors are being given an opportunity to get shares instead of just the HNW/UHNW/Institutional Investors that normally get access. ➡️ Private companies have been waiting much longer to go public which has led to them going public with much higher valuations. ➡️ When a company has been private for a long time you have a lot of early investors and employees that have been sitting on shares with limited to no liquidity. Whatever happens it is definitely going to be an interesting day. What do you think?

Anyone ever just decide to light money on fire? Just me? It starts with simple things. ➡️Netflix ➡️Hulu ➡️HBO Max ➡️Paramount + ➡️YouTube TV ➡️Youtube Premium Add on food waste: ➡️ half a bag of baby carrots ➡️ a pound of ground turkey ➡️ what I think we’re raspberries Next there’s clothes that weren’t returned: ➡️ wrong color shirt ➡️ wrong size shoes ➡️ uncomfortable socks A certain amount of waste has become acceptable because of laziness, lack of time, or convincing ourselves that we can find a use for whatever useless thing we are addressing. If we are not careful, this same wasteful spending can run over into a business as well. ➡️ marketing spend without analysis ➡️ consulting on efficiency not implemented ➡️ financial planning retainer paid for but meetings ignored I honestly don’t care if people spend money on their business or not. It’s their prerogative if they want their business to grow or stagnate. Just avoid spending money on something you don’t intend to get value from. Is this you? 🤷‍♂️🤷‍♀️

I used to be a banker, but I lost interest. Just kidding. I never had interest in the first place. Before I was a financial planner, I was in graduate school studying to be a special education teacher. Halfway through my masters degree I decided that I didn’t want to be a teacher. I wanted to work with investments. I completed my MBA in Finance, and I figured out that I didn’t want to work with investments. I wanted to work with people. When people ask me what I do, I tell them it’s simple. “I educate people so they are empowered to make optimal financial decisions.” What is your answer when people ask,

Perfect is the enemy of good. There are too many people waiting for the ideal scenario or looking for the perfect solution. By waiting… And waiting… And waiting… You are missing out on opportunities. ➡️ you can still get some exercise even if you don’t run a marathon ➡️ try to eat a little healthier even if your diet isn’t 100% clean ➡️ develop and release a new offering even if it is bit 100% battle tested. ➡️ be there for people even if you are not sure exactly how to help. Do you agree?

You are the client and you go to meet a financial advisor/relationship manager/salesperson at a nice bar. They tell you to order any drink you want. 1. What do you order? 2. Is what you order contingent on what the other person orders. 3. Is what you order contingent on how much business you are giving or considering giving?

Everybody is trying to figure out the best strategy for this market since the beginning of the conflict with Iran. Guess what strategy has worked in this scenario and most other temporary periods of high volatility?

Most of the discussions about AI are about increasing efficiency and turbo charging growth. This is where the puck is now, but where is the puck going? Increase in efficiency is code for decrease in personnel. We are potentially on the precipice of the largest elimination of jobs in generations. 1. Are people going to be able to be "re-skilled" to be productive in the new environment? 2. Who's responsibility is it for people to get the training they need for the new job that is replacing their old job? 3. Will this lead to the elimination of "un-skilled labor"? 4. With Social Security in it's current state, is it even possible to consider Universal Basic Income (UBI) as a possible solution?

If there is one thing for certain, it's that one viral post will be copied by 10,000 posts that are essentially the same. These posts are rewarded by the algorithm because of the amount of attention the original post received. This leads to more and more of the same types of posts showing up on everybody's feed while new innovative posts are languishing. This is the reason why it is important to focus on building real relationships with people if you actually want to have meaningful discussions.

Soon to be on the way to @WaltDisneyWorld . I’m curious to find out if anybody has had a similar experience with me regarding the Disability Access Service (DAS). My son is a 7 year old boy with ADHD. He can be extremely impulsive, and he has trouble waiting for 5 minutes (forget about 90 minutes plus). His behaviors get progressively worse eventually leading to a melt down that could take an hour or more to resolve. Not only Would this ruin his (and our experience), but it would also impact the other people around him. We went to @WaltDisneyWorld 2 years ago when he was 5 with the same diagnosis and same potential struggles and he was approved for the DAS. This time around he is being denied even though nothing has changed. During the interview process they asked questions about his IEP, accommodations at school, behaviors, etc. all of which I provided extensive examples and documented cases. The answer that I was given is that DAS is only for children with a developmental disorder. I explained to the person doing the interview that ADHD is a developmental disorder. Her response was that Autism is a developmental disorder, not ADHD. This denial left us with no other option but to spend thousands of additional dollars on lightning lane passes to protect the $30,000 it is costing for the trip. I asked for the process to appeal her decision and she said that her decision is final and that she would not provide contact information for any body else. @WaltDisneyWorld I think you know that you can do better than this. I understand that people have abused the system in the past, but the answer is not to deny the exact children that this service was created for.

If everyone could do me a favor and repost this maybe we can get @WaltDisneyWorld to make a positive change.

If everyone can do me a favor and repost this maybe we can get @WaltDisneyWorld to make a positive change.

If you see news about the war in Iran and your first thought is the impact on the stock market you really need to get some perspective

If the only constant is change then do we continue to feel discomfort?

Sometimes it is really hard to motivate people to make positive changes. There can be an infinite number of excuses and inertia is a powerful force. When a client hires me to do their financial planning they get all of my energy and effort. 10% of the value is in the point in time data and the other 90% is in the recommendations. This is the crossroads where value can either be realized or destroyed. Followed correctly, the recommendations will provide incredible leverage on the amount paid for the planning service. In any instance where you are paying for a service you are generally trying to save money or time (or both). Occasionally, I will deliver recommendations that are ignored. To be clear, the client pays for the recommendations and chooses not to follow them. A lot of people will be ambivalent to this outcome as long as their are getting paid. They feel the client made a choice to pay for advice and not follow it. I’m not capable of this ambivalence. I find this outcome to be worse than not winning the business in th first place. “You can lead a horse to water, but you can’t make them drink”. Not only will I lead the horse to water, but I will fill their cup and put it in their hands. I end up spending so much time with these clients that the engagements are not even profitable. Am I the only one that has a visceral negative feeling in these situations? Is anybody else compelled to save the people who are intent on harming their situation?

It’s not the compounding of investments over time. The true currency is time itself. The truly wealthy control their time

If someone pitches you a strategy and they say that you put money into something and then you can borrow your own money… Start walking away slowly and then run as fast as you can. The struggle for tax efficient liquidity is real… for about 0.1% of the wealthiest families If the person you are pitching the strategy to has expressed concern about the price of eggs, It’s about time to do some soul-searching.

hroughout my career people have tried to control my process. Throughout my career people have tried to control my message. For better or worse I am who I am. I say what I believe, not what I think people want to hear. I am an analytic. I am a problem solver. I’m also a goofball. The most important thing is to be YOU.

Consumer confidence is 👇 Job Openings are 👇 In response to this information the stock market reversed and went higher. The 10 year treasury yield move lower. It appears that the stock and bond markets are looking for a mild recession, and this is potentially being viewed as a positive. A mild recession would be enough for the Fed to cut rates which would stimulate businesses and take some stress off of the consumer. What do you think?