In this conversation, RJ Burr, the President & CEO of Panex, discusses the critical role of oil in modern society, the importance of independent oil companies, and the significance of hiring the right people to build a successful team. 

He emphasizes the need for a positive outlook in business and the importance of seizing opportunities, especially in challenging market conditions. RJ also shares insights on creating a strong company culture and how to connect with him for further information about the oil industry.

Takeaways

• Oil is the most important resource humans have ever utilized.
• 83% of oil is produced by independent companies with 12 employees or less.
• The edge in business comes from hiring the best people.
• Successful people do what unsuccessful people are unwilling to do.
• You have a choice on your outlook every day.
• Building a team takes time and effort, one person at a time.
• Control what you can control and focus on the positive.
• A strong company culture leads to employee retention.
• Seizing market opportunities leads to significant growth.
• Connecting with the right people is crucial for success.

Chapters

02:52 The Importance of Oil in Modern Society

05:53 The Role of Independent Oil Companies

09:03 Hiring the Best People in the Industry

12:01 Building a Strong Team and Company Culture

14:49 Seizing Opportunities in the Oil Market

17:56 Maintaining a Positive Outlook in Business

Connect With RJ

Website: https://panex.us/

LinkedIn: https://www.linkedin.com/in/rj-burr-06a609162/

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