Mitch Russo

1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

8statements → 6claims → 3claims resolved → 67%fully supported → 4.12/5average certainty → 1.88/5average debate potential →

2 supported 1 partly supported 0 contradicted 3 not checkable as stated how the 6 claims stand · each chip opens the sources

6 assertions · 2 disclosures · every statement was checked. The predictions and assertions are the 6 claims: statements the public record can support or contradict. 3 are resolved, and 3 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Mitch argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Russo: Sold TimeSlips to Sage for $10.5M in 1994
“No, we sold for 10 and a half million.”
Mitch Russo Feb 9, 2018 ▶ 4:18 930 How a $10m Software Guy Ends up In Furniture Business and Tony Robbins

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
none yet certainty 3
75% certainty 4
100% certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Mitch Russo on measured tape to publish a rate. This says nothing about how they speak.

Everything Mitch Russo said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Not checkable as stated
Russo: VCs rejected him for portfolio CEO roles at age 44
“I was too old. I was 44 years old. They were looking for twenty-something guys to run their companies.”
Mitch Russo Feb 9, 2018 ▶ 6:11 930 How a $10m Software Guy Ends up In Furniture Business and Tony Robbins
Assertion Not checkable as stated
Russo: 92% of training program buyers never finish the course
“Everybody who's ever bought a training program in the universe, 92% of those people have never finished that training program or never got the benefit.”
Mitch Russo Feb 9, 2018 ▶ 13:41 930 How a $10m Software Guy Ends up In Furniture Business and Tony Robbins
Assertion Not checkable as stated
Russo: 1990s software buyers paid 15-18x profit; 2x revenue was 'crazy'
“Well, I mean, they were paying 18, 15 to 18 times profits at the time. So we were, you know, we were looking for probably two times sales, which was unusual. Only crazy companies got two times sales.”
Mitch Russo Feb 9, 2018 ▶ 3:51 930 How a $10m Software Guy Ends up In Furniture Business and Tony Robbins
Disclosure
Russo: Offered to return $2.5M of unspent $4M raise to VCs
“I still have About two and a half million of cash in the bank. Nathan Latka: Of how much that you raised? Mitch Russo: Four million. I said, you should take it back.”
Mitch Russo Feb 9, 2018 ▶ 10:45 930 How a $10m Software Guy Ends up In Furniture Business and Tony Robbins
Assertion Partly supported
Russo: TimeSlips Did $5.6M in Revenue When Acquired by Sage in 1994
“Revenue was about 5.6 million.”
Mitch Russo Feb 9, 2018 ▶ 3:43 930 How a $10m Software Guy Ends up In Furniture Business and Tony Robbins
Assertion Supported
Russo: Sold TimeSlips to Sage for $10.5M in 1994
“No, we sold for 10 and a half million.”
Mitch Russo Feb 9, 2018 ▶ 4:18 930 How a $10m Software Guy Ends up In Furniture Business and Tony Robbins
Assertion Supported
Russo: Business Breakthroughs reached $25M in sales with Tony Robbins
“The business breakthroughs international together, Chet, myself and Tony were partners in that company. We grew it for almost five years, twenty-five million in sales, and that's when Chet died.”
Mitch Russo Feb 9, 2018 ▶ 12:26 930 How a $10m Software Guy Ends up In Furniture Business and Tony Robbins
Disclosure
Russo: Invested $500K personal capital across roughly 19 startups
“So I invested in, in about 19 different startups, all in the 25 to 50 K range. I had set aside a half a million dollars of my own money. Just to invest in startups.”
Mitch Russo Feb 9, 2018 ▶ 6:45 930 How a $10m Software Guy Ends up In Furniture Business and Tony Robbins

Appearances (1)

EpisodeDateSpeaking time
930 How a $10m Software Guy Ends up In Furniture Business and Tony Robbins Feb 9, 2018 11m
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