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Last Update: Friday December 15, 2017

XTO Energy (aka Cross Timbers)

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XTO Energy (aka Cross Timbers)

Attract A Courageous Team

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Bob Simpson and his partner were thrown out of a company they had worked to grow.  They took what they had learned and today they are worth millions. More...

Go With Your Strengths

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Steve Palko and his partner Bob Simpson made a perfect pair. Like all partners we have studied, each had their set of strengths which the other partner valued.

Tell Your Story With Passion

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This sculpture, "I'll Be Back" is the image the founders wanted to project at the launch.

Make A Bold Statement

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In the oil business image is important and where you office can communicate volumes. 

Use Technology To Reduce Risk

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Keith Hutton explains how XTO targets the precise location for drilling.

Use Other People's Money To Launch And Grow

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CFO Louis Baldwin said they went to Wall Street to find early-stage capital to get them off the ground, then they went public so those equity partners could harvest.

Turn Employees Into Owners

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Employees at XTO Energy are given stock as part of their compensation.

Do What You Know With Whom You Know

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Host Hattie Bryant says that who you know is important when you decide to launch a business.

Think Positive

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Big things are only accomplished by those who think positive.