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Michael Slavin

๐Ÿ‘ค Speaker
220 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

And when I say smaller, I guess they're pretty large.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

They may own 50, 60, 150 wells or more.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

And they may be revenue of...

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

30, 40, 100 million a year, but they're smaller.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

And they're always looking for partners because almost everybody in the business, except the huge guys, they're looking to bring partners in to offset the risk.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

So what's it cost to drill well?

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

Depends on the kind of well you're drilling.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

I mean, you can drill a tiny little well that's, you know, just very shallow with no pressure for a million bucks or so.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

And of course the huge wells offshore and stuff can be just multi-millions, you know, $30 million and that kind of thing.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

No, I mean, if you have a dry hole, you lose it all.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

So what was your biggest loss?

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

Well, I've done very well.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

I mean, I have everything I need, everything I want, you know, and I guess about two and a half years ago, I really wanted to get back.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

And the long version of this is I started writing a book about goal setting and all the stuff everybody knows.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

And it just it wasn't unique.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

It wasn't special.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

I just couldn't find the right focus.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

My son, who's brilliant, he looked at it and he said, it's not very good.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

You need stories.

SaaS Interviews with CEOs, Startups, Founders
This Entrepreneur Served 10 Years in The Army, You Won't Believe What Happened Next with Michael Slavin EP 237

Yeah.