Chapter
Benefits of Working with People You Love
11:13 - 16:20 (05:07)
A positive aspect of working with people for a long time is the ability to accomplish amazing things and enjoy it in a way that is not possible with others. The advent of new technology such as horizontal drilling in 2011, created massive new deposits, making it one of the best times in history to be in the oil business.
Clips
The oil business has undergone significant changes due to advancements in technology.
11:13 - 12:34 (01:20)
Summary
The oil business has undergone significant changes due to advancements in technology. Horizontal drilling has created the biggest oil deposit in the world, surpassing the fields in Saudi Arabia, making 2011 one of the best times in the industry to be in the oil business.
ChapterBenefits of Working with People You Love
Episode#31 - The Wild Wild West of Mineral Real Estate
PodcastMy First Million
The process of simultaneous closures in real estate investing is discussed, where an investor acquires a property from a seller and immediately secures a buyer for the same property.
12:34 - 14:16 (01:41)
Summary
The process of simultaneous closures in real estate investing is discussed, where an investor acquires a property from a seller and immediately secures a buyer for the same property. This allows for leverage and potentially higher profits but can also be risky without careful consideration.
ChapterBenefits of Working with People You Love
Episode#31 - The Wild Wild West of Mineral Real Estate
PodcastMy First Million
Working with people you love and have built a relationship with can lead to creating amazing things together and enjoying the work process in a unique way.
14:16 - 16:20 (02:04)
Summary
Working with people you love and have built a relationship with can lead to creating amazing things together and enjoying the work process in a unique way. Having an assistant can also help with mundane tasks and free up time for more important work.