The entrepreneur journey is difficult and can be frustrating at times. Sometimes results of our hard work seem to take forever to achieve. When we feel this way, the only thing we can do to keep our motivation in check is reading the entrepreneur journey of other investors. By so doing, we learn how to overcome challenges, learn new ways to do things and most importantly avoid the mistakes they made.
Louis Chenevert is one of the investors who many business people around the world look up to for business tips. The many who have applied his mechanisms have proven them very authentic. Louis Chenevert has been involved in more than 50 investments which have turned out to be a great success.
However, his legacy at UTC, where he served as the CEO from 2006-2014 is what made him a legend. It is vital to note that Louis did not leave UTC due to any misunderstandings or scandal, he simply wanted to take a break from the crazy business schedule. He is currently leaving a semi-retired lifestyle. This is to see that he gets a chance to pursue his own goals and spend time with his family. Following UTC, he worked partly as an exclusive advisor for Goldman Sachs.
Many factors led to the success of Louis Chenevert. To begin with, he understood the importance of the role of the employees in his goals evaluation. This is why during the recession period when other companies opted for layoffs, Louis Chenevert transferred the idle workers to Connecticut.
The other factor that led to his success is his ability to invest in the future. Louis understood that his role in the company would only be complete if he secured the future of the company. To do this, he made major acquisitions.
He led UTC to purchase Pratt & Whitney; the firm where he served as President before joining UTC. During his time in Pratt & Whitney, he realized the potential of the GTF engine. He bought the company at $10 billion. UTC used 20 years to develop the engine. However, just as the plan of Louis was, the investment has proven very significant to UTC.
Obsidian Energy is a company that is in the oil and gas field. They are a producer of oil and gas, and they used to be called Penn West Petroleum Ltd. When they changed over to Obsidian Energy, they wanted to make sure that they showed the public that they want to give them the best product and service possible. They are determined and able to do so, and they are moving forward with their plans.
The company is doing everything that they can in order to develop a larger customer base. They have assets and a portfolio that keep them in the stockholders’ minds. Since they are one of the companies that are in the top 60, they have a presence on the Canadian Stock Exchange.
Their headquarters is based in Calgary. This is in Alberta, Canada. They have many different oil wells that are located all throughout the western part of the country. This is an excellent advantage for Obsidian Energy, and they can reach many different customers as they proceed with what they need to get done.
The employees at the company are one hundred percent behind their company. They are goal oriented, and they want to do the best that they can in order to acquire more business. Since they are experienced workers, they are experts at what they do. Difficult tasks are completed by them on a timely basis, and this helps the company to reach its goals quicker. View More Information Here.
Making sure that the future is a positive one is what Obsidian Energy is doing on a constant basis. They want to be one of the leaders in their business. In all accounts, the way that Obsidian is moving forward will surely show great success on their part. It will prove to be something that they will be proud of for a long time to come.
See Also: https://globalnews.ca/news/3481168/penn-west-proposes-name-change-to-obsidian-energy/
Obsidian Energy Inc. used to be known under the name Penn West Exploration Ltd. and before that as PennWest Petroleum and Penn West Energy Trust. Even though the company has been switching around its name and its brand, now Obsidian Energy Ltd., the company has found its direction in the industry of oil and natural gas.
The corporation is a Canadian one, and it was established back in 1979 in Calgary, Alberta. The oil and gas wells of Obsidian Energy Ltd. are situated across Canada. The majority are in the prolific Western Canadian Sedimentary Basin. his regions is popular for its high amounts of petroleum reserves. Other key production areas of the Obsidian Energy Ltd. are in Alberta, and they include the Pece River sands which are rich in oil, the Pembina Cardium, and the Alberta Viking. Being able to use such as beneficial and productive reserve areas have been highly prolific for the corporation.
The company of Obsidian Energy Ltd. employs more than three hundred people, and one of them is the Chief Executive Officer and President of the company Mr. David L. French. He joined Obsidian Energy a couple of years ago in October 2016. Mr. David L. French had had a couple of decades of experience including as a business leader. See This Page for related information.
Before he entered the company of Obsidian Energy, David L French was the President and Chief Executive Officer of the Bankers Petroleum Ltd. which is based in Calgary, Canada. The corporation publicly trades gas and oil with a number companies and in Southeastern Europe. Mr. David L. French directed the business into a higher commercial growth. Source: https://en.wikipedia.org/wiki/Obsidian_Energy
Over the course of his career in the industry, President and CEO David L. French has been working with many types of reservoir rock and has navigated development of primary, secondary, and tertiary stages. David L. French has had an operational reach in Canada, 48 of the lower states in the USA, as well as across Europe.
Obsidian Energy has been steadily growing over the past couple of years, and it will be announcing its plan of 2018 in the upcoming weeks.
The Hussain Sajwani family has become one of the leading developers of luxury real estate across the Middle East after using an innovative business model to create some of the leading elite apartment buildings in Dubai. However, the founder of DAMAC Properties has been at the heart of a number of leading developments in the United Arab Emirates designed to provide a better standard of life for the neediest in the nation; Hussain Sajwani has often focused his philanthropic efforts on assisting families and children who are in need of warm clothes for the freezing Winter nights seen in Dubai. Learn more: http://www.payscale.com/research/AE/Employer=Damac_Group/Salary
The DAMAC owner made his fortune in the food services industry before taking advantage of relaxed real estate regulations introduced by the government of Dubai to allow non-Emirates citizens to purchase real estate in the city. In 2002, Hussain Sajwani used his newly-formed DAMAC Properties group to purchase a piece of land in one of the least impressive districts of the city many experts stated the latest entrant to Dubai’s luxury real estate developer would struggle to sell a property on. Confounding his critics, Hussain Sajwani sold all the properties in just six months and had all necessary funding in place for his first development by the time construction began.
A number of annual programs are supported by Hussain Sajwani and his DAMAC Properties group as the future of Dubai and the nation of the UAE remains of great importance to the real estate developer. Hussain Sajwani has given millions of dollars of his personal fortune estimated at $4.4 billion to an annual program launched by the UAE Royal Family and the Red Crescent humanitarian group which allowed the founder and President of DAMAC to fund the provision of warm Winter clothing for around one million children from the poorest parts of Dubai. Learn more: https://www.youtube.com/watch?v=GJxJrIkRTzk