Business

From Professional Athlete to Entrepreneurship: Art Morrison III’s Journey

Published

4 years ago

October 7, 2021

As a former professional athlete, Morrison III has leveraged the wisdom he gained from basketball to pursue entrepreneurship.

Basketball gave Morrison III purpose and instilled the values he needed to transition into an entrepreneur who owns multiple businesses in real estate, business consulting and more.

Here are 5 values he embraced as an athlete and used to become a successful entrepreneur.

Adversity

“We don’t lose the vision or waver, because our eye is always on achieving the end goal.”

In his senior year of college, Morrison III experienced a knee injury that put him in a tough position as he had dreams to go pro. His injury made it near impossible for an agent to pick him up and help him sign with a professional basketball team. Yet, he still signed a professional basketball contract. How? With persistence.

Persistence

“If your WILL to succeed is strong enough, you WILL NOT fail!”

When no agent wanted to work with Morrison III after his knee injury, he took matters into his own hands. He pretended to be his own agent, sending emails to nearly 13,000 teams in the basketball world. He ended up receiving only 2 offers. One contract was for a basketball team in Portugal, which he took.

The same energy he put out to sign with a professional basketball team is the same energy he applies to his business ventures. No matter what your business is, sometimes you have to create the opportunities that others refuse to give you.

Consistency

“No matter how good you are, you’re not going to be able to compete with someone who is consistent, even if they’re less talented.”

Never as a kid did Morrison III think to stop playing basketball. It started as a hobby, and then became his passion, and then his livelihood. Getting up every day and practicing is what allowed him to go pro. Understanding that there are no positives without consistency is what continues to help him succeed as an entrepreneur.

Your WHY

“It’s amazing what Purpose combined with Passion can do.”

Morrison III was the first in his family to go to a 4-year college. His dream was to become a professional basketball player to make a lot of money and repay his mom for all the sacrifices she made for him during his childhood—and that’s what he did. This childhood dream is what pushed him to work hard, never give up and go after what he wanted.

Leadership

“A boss says ‘GO!’ A leader says ‘LET’S GO!!’ Ironically everyone wants to work for a leader. Team players know how to be leaders!”

In sports, whether you’re a team captain or not, you are part of a system of valuable parts. Athletes understand what it means to be a coach because they had one. They know the dynamics of a team and the important role that each member plays, including the coach and team captain. This helped Morrison III lead himself and others throughout his entrepreneurial ventures.

Get to Know Art Morrison III

Art Morrison III is a former basketball player and entrepreneur who owns multiple businesses. He is the author of the book “Overcome” and is passionate about giving back to his community through youth basketball training giant, “AboveMAX Basketball.”

He also provides small business solutions to corporations with twenty employees or less through Morrison Enterprise, LLC.

Learn more about Art Morrison III by visiting www.morrisonenterprisellc.com

Business

13 Reasons Investors Are Watching Phoenix Energy’s Expansion in the Williston Basin

Published

8 hours ago

April 23, 2025

Matthew Wiles

As energy security becomes a growing priority in the United States, companies focused on domestic oil production are gaining attention from investors. One such company is Phoenix Energy, an independent oil and gas company operating in the Williston Basin, a prolific oil-producing region spanning North Dakota and Montana.

Phoenix Energy has established itself as a key player in this sector, expanding its footprint while offering structured investment opportunities to accredited investors. Through Regulation D 506(c) corporate bonds, the company provides investment options with annual interest rates ranging from 9% to 13%.

Here are 13 reasons why Phoenix Energy is attracting investor interest in 2025:

1. U.S. energy production remains a strategic priority

The global energy landscape is evolving, with a renewed focus on domestic oil and gas production to enhance economic stability and reduce reliance on foreign energy sources. The Williston Basin, home to the Bakken and Three Forks formations, continues to play a critical role in meeting these demands. Phoenix Energy has established an operational footprint in the basin, where it is actively investing in development and production.

2. Investment opportunities with fixed annual interest rates

Phoenix Energy bonds offer accredited investors annual interest rates between 9% and 13% through Regulation D 506(c). These bonds help fund the company’s expansion in the Williston Basin, where it acquires and develops oil and gas assets.

3. Record-breaking drilling speeds in the Williston Basin

Phoenix Energy has made significant strides in drilling efficiency, ranking among the fastest drillers in the Bakken Formation as of late 2024. By reducing drilling times, the company aims to optimize operations and improve overall production performance.

4. Expansion of operational footprint

Since becoming an operator in September 2023, Phoenix Energy has grown rapidly. As of March 2025, the company has 53 wells drilled and 96 wells planned over the next 12 months.

5. Surpassing production expectations

Phoenix Energy’s oil production has steadily increased. By mid-2024, its cumulative production had exceeded 1.57 million barrels, outpacing its total output for 2023. The company projected an exit rate of nearly 20,000 barrels of oil equivalent per day by the end of March 2025.

6. High-net-worth investor offerings

For investors seeking alternative investments with higher-yield opportunities, Phoenix Energy offers the Adamantium bonds through Reg D 506(c), which provides corporate bonds with annual interest rates between 13% and 16%, with investment terms ranging from 5 to 11 years, and a minimum investment of $2 million.

7. Experienced team with industry-specific expertise

Phoenix Energy’s leadership and technical teams include professionals with decades of oil and gas experience, including backgrounds in drilling engineering, land acquisition, and reservoir analysis. This level of in-house expertise supports the company’s ability to evaluate acreage, manage operations, and execute its long-term development plans in the Williston Basin.

8. Focus on investor communication and understanding

Phoenix Energy prioritizes clear investor communication. The company hosts webinars and provides access to licensed professionals who walk investors through the business model and operations in the oil and gas sector. These efforts aim to help investors better understand how Phoenix Energy deploys capital across mineral acquisitions and operated wells.

9. Managing market risk through strategic planning

The energy sector is cyclical, and Phoenix Energy takes a structured approach to risk management. The company employs hedging strategies and asset-backed financing to help mitigate potential fluctuations in the oil market.

10. Commitment to compliance

Phoenix Energy conducts its bond offerings under the SEC’s Regulation D Rule 506(c) exemption. These offerings are made available exclusively to accredited investors and are facilitated through a registered broker-dealer to support adherence to federal securities laws. Investors can review applicable offering filings on the SEC’s EDGAR database.

11. Recognition for business practices

As of April 2025, Phoenix Energy maintains an A+ rating with the Better Business Bureau (BBB) and is a BBB-accredited business. The company has also earned strong ratings on investor review platforms such as Trustpilot and Google Reviews, where investors often highlight clear communication and transparency.

12. A family-founded business with a long-term vision

Led by CEO Adam Ferrari, Phoenix Energy operates as a family-founded business with a focus on long-term investment strategies. The company’s leadership emphasizes responsible growth and sustainable development in the Williston Basin.

13. Positioned for long-term growth in the oil sector

With U.S. energy demand projected to remain strong, Phoenix Energy is strategically positioned for continued expansion. The company’s focus on efficient drilling, financial discipline, and structured investment offerings aligns with its goal of building a resilient and growth-oriented business.

Final thoughts

For investors looking to gain exposure to the U.S. oil and gas sector, Phoenix Energy presents an opportunity to participate in a structured alternative investment backed by the company’s operational expansion in the Williston Basin.

Accredited investors interested in learning more can attend one of Phoenix Energy’s investor webinars, which are hosted daily throughout the week. These sessions provide insights into market trends, risk management strategies, and investment opportunities.

For more information, visit the Phoenix Energy website.

Phoenix Capital Group Holdings, LLC is now Phoenix Energy One, LLC, doing business as Phoenix Energy. The testimonials on review sites may not be representative of other investors not listed on the sites. The testimonials are no guarantee of future performance or success of the Company or a return on investment. Alternative investments are speculative, illiquid, and you may lose some or all of your investment. Securities are offered by Dalmore Group member FINRA/SIPC. Dalmore Group and Phoenix Energy are not affiliated. See full disclosures.

This article contains forward-looking statements based on our current expectations, assumptions, and beliefs about future events and market conditions. These statements, identifiable by terms such as “anticipate,” “believe,” “intend,” “may,” “expect,” “plan,” “should,” and similar expressions, involve risks and uncertainties that could cause actual results to differ materially. Factors that may impact these outcomes include changes in market conditions, regulatory developments, operational performance, and other risks described in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and Phoenix Energy undertakes no obligation to update them except as required by law.