Entrepreneurial Journey: Oilfield Small Business
Power of the Permian Power of the Permian
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 Published On Jun 23, 2024

In this episode, Stephen Wilson discusses the importance of transparency, the benefits of building a personal brand, and the impact of sharing one's story. He opens up about the challenges of growing a business, navigating the ebbs and flows of the industry, and the crucial role of resilience and innovation. Learn how Stephen's tenacity and foresight have helped him overcome obstacles and build a thriving oilfield business.

Stephen also touches on the significance of giving back to the community and fostering strong relationships. His experiences underscore the value of crisis management and the powerful connections formed through strategic networking.

Tune in for valuable insights into the oil and gas industry and discover how Stephen's journey can inspire your own professional growth. Don't miss out on this engaging and informative episode!

CHAPTERS:
0:00 - Intro
0:40 - The power of personal branding
2:00 - The value of storytelling
5:40 - The importance of mentors
7:40 - How Stephen got into the oil and gas industry
14:00 - Starting a business
19:35 - Starting Iron Horse
23:59 - People not paying their bills
28:10 - Theft in the oilfield
33:04 - Equipment Theft Stories
37:15 - How to Prevent Equipment Theft
43:56 - You still love owning a business
44:57 - Learning Spanish
50:14 - How to motivate employees
52:55 - Stereotypes of mechanics
55:00 - Importance of trades and education
57:10 - Outro

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Power of the Permian is produced by Forty Wolves Studios in Downtown Midland Texas
https://fortywolves.com

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