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Posted by John Kokish on

Legendary Student and Legendary CEO

The United Technologies Corporation just hosted a celebration in honor of one of its greatest chief executive officers. The skills of Louis Chenevert led the United Technologies Corporation to becoming one of the most dominant aerospace manufacturers that North America had ever seen.

During the celebration, many executives went to the podium to tell how he single-handedly brought this company to greatness. Though many executives said their own piece, three things dominated most the conversation.

One thing the executives said about him was that he had an uncanny ability to foresee what was going to happen to the industry. This foresight allowed him to not only plan in advance, but also come up with ways his company could take advantage of those changes. One example of this occurring is his foresight regarding environmental regulations. He foresaw that Canada and America were both going to pass stricter regulations which would force his industry to become green. Knowing this was going to happen, he lowered gas emissions and water consumption. This allowed him to continue competing once the regulations were passed

Another thing that was mentioned at the celebration was his ability to diversify the portfolio. When he took over United Technologies Corporation as the chief executive officer it was during the great recession that occurred throughout the 2000’s. Many other companies were closing their doors and those who had not did not have enough money to purchase third-party equipment. He realized that if United Technologies Corporation was to continue, they would need to acquire businesses to offset the deficit. His strategy was rather simple, he would acquire companies that were similar to the United Technologies Corporation but were not identical enough to be hit by the great recession. He would then use the profits of these companies to pay off the debts to the United Technologies Corporation.

The last thing that was brought up was his ability to decrease spending. UTC was spending an absurd amount of money transporting goods between their main factories. By moving them closer together, he was able to save the company $15 million a year.

Posted by John Kokish on

Talos Energy Will Continue Growth with Mexican Well

In Tabasco, Mexico, there are waters that hold a lot of potential profit for numerous companies. The oil held in one well in particular is around 100 to 500 million barrels worth according to industry reports. This is what led to a bidding frenzy in 2015.

While many companies wanted a piece of the pie, only three survived the bidding. They are Sierra Oil and Gas, Premier Oil, and Talos Energy. Being from the UK, Mexico, and the U.S. respectively, they are teaming up to pull up as much oil as possible. They will split the proceeds fairly evenly across the board.

This kind of cooperation with foreign investors is not something you would have seen until recently. 1938 ushered in a ban on foreign oil well operators. However, with Mexico’s economy, they have seen that outside investment can be great for business.

Talos, Energy LLC was founded in Houston, Texas. It was founded by investors from the financial industry who put around $600 million into it from the start. This was to ensure they had the capital necessary to compete in a rough industry.

They quickly saw success, growing from about a dozen employees to over one hundred in a few short years. This led to them buying their competitor called Helix Energy for around $620 million. The employees at Talos don’t just get a salary either. That’s not the way that Talos competes. The ownership decided that workers would be more motivated if they had a piece of the pie. For that reason, they each receive profit sharing.

The result is a company that has been awarded the number one small business in their industry. The reason is that unlike other companies where people clock out right at the end of the day, Talos workers often pull overtime in the hopes of boosting the value of the company. They know they’ll see that in their paychecks in the end, which is more valuable than the occasional casual Friday or daycare that other companies provide. Talos focuses mainly on drilling in Texan and Mexican areas, pulling around 16,000 barrels of oil out of the ground every day.

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Posted by John Kokish on

Why Talk Fusion Is A Dynamic Communications Company

Talk Fusion has been making advancements in communication technology and doing so by designing affordable products and utilizing cloud computing. According to PRNewswire, they won multiple awards in 2016 for “Product of the Year” at the Technology Media Corporation’s annual conference, and their most notable winner was their video chat app. This app is part of a product suite that uses webRTC recording that has allowed for easy use and high quality production. Bob Reina, Talk Fusion’s CEO was highly pleased with the award and says that it’s only the start for where Talk Fusion wants to go with chat technology. 

Talk Fusion originated from an idea Bob Reina had to make it possible to send videos in emails. After trying to make it as a direct selling entrepreneur with several other companies, Reina got the idea to start his own company that would use video software to sell through independent salespeople, and it began with video emails. But soon he had the company build a whole suite of video marketing tools that attracted both big corporate clients and small business owners. About a year ago Talk Fusion decided to start implementing free trials which can be accessed simply signing up with an email address and accessing all Talk Fusion products for 30 days. Learn more:

Talk Fusion has also built a rewards program for associates who bring others to the program and make a lot of sales. The rewards include winning exquisite jewelry and rolex watches, expensive luxury cars and exotic vacations to places like Hawaii, Miami and now Milan, Italy. Talk Fusion has become renowned around the world and has made a difference in their philanthropy both at home and abroad. CEO Bob Reina has given over $1 million to the Tampa Humane Society and was also a donor to the Nepal earthquake relief efforts in 2015. He also started Talk Fusion Gives Back which allows associates to support their favorite charities by giving a Talk Fusion monthly account to those charities. Reina also is an author to several technology magazines including MarTech Advisor and the HuffPost. Learn more: