Take a business from $0 to a $Billion in less than a lifetime
From $0 To Largest Gas Producer (USA)
Fort Worth, Texas: Bob Simpson and Steve Palko were working for Southland Oil when there was hostile takeover; they were both ousted. They just took what they had learned and started all over again. Today their business is worth billions.
At the same time many others were getting out, with a third partner they founded Cross Timbers Oil & Gas in Fort Worth . Visionaries, they teach us all what it means to take calculated risks. Founded in 1986, incorporated in 1990, floated an IPO in 1993, this business quickly became one of the top ten gas producers in the USA. Learn how in the beginning, Robert Rubin, then with Goldman and later US Secretary of Treasury, raised their seed money -- $35 million -- in three hours. Bob and Steve knew that by the time that seed group was ready to harvest (cash-in or get liquid), they would have taken their business into its sixth or seventh round of funding. Learn how their geologists use and develop advanced technologies to determine where to drill for oil (hitting over 95% of the time!).
As they grew, they changed the name to XTO Energy. Though they grew right out of the ranks of a small business, the spirit of small business still permeated their day-to-day activities. They kept dreaming impossible dreams yet had methodologies to turn those dreams into multifaceted realities with deep-seated value.
On December 14, 2009, ExxonMobil bought the company for $41 billion dollars.
Here is The American Dream come true. When you watch this episode, you'll feel the confidence that only comes from going through a lot of pain and learning deeper lessons of life. More
* A segment called "The sliver of genius"
...was part of the earliest broadcasts back in 1994. We slowly began to realize virtually every successful business is built on that special focus. And, yes, all these people are recommended by their community for their integrity and by their industry for their creativity and courage. Our national sponsors from IBM, USPS, Verizon, Microsoft, D&B, and others have paid for everything.
Nobody can pay or has every paid to be on this television show.
So you want to become a billionaire? What's your new insight? Do you have deep thoughts and a special love for those ideas? With that, can you create something most everybody wants or needs? Of course, that will require a little bit of genius.* It is not impossible. More...
In energy, meet Steve Palko. In food, meet Auntie Anne. To find a soulmate, meet Neil Clark Warren. To find a home, meet Frank Jao and Ebby Halliday. To find money, meet Andy Murstein. No matter what what you do, be like every one of these people; they work everyday to make this world a better place.
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There are always four paths to walk and eight steps to climb: