Oil Prophets

Summer 2016

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19 Oil Prophets BUSINESS STRATEGIES life – time with spouse, kids, hobbies, vacations, etc. If you really want a 30 hour work week, then plan your calendar that way. E = Execute. With your time mapped, now you must execute your plan. Don't allow distractions to get you off your mapped intentions. You'll likely find you will need to Delegate and Discard. What are those things you are hanging onto out of habit because you think you do it best, or worse yet, think you are the only one who can do it? I'm reminded of one CEO who rececently told me that all business leadership is just relinquishing control. Loved that! Music to my ears is when a petro CEO tells me "I don't do that anymore." That means they've empowered one of their team members. And I adore when they delegate something they really didn't like to someone who likes it and therefore excels! To get you thinking, here are typical time-consuming tasks petro CEOs are delegating successfully after setting up systems and good mentoring: • Pricing • Hiring (other than direct reports) • Supply and purchasing • Banking negotiations • Sales and marketing If you want your company to blow out all its goals this year, set a great leadership example by mastering your own time! Track, Set Intentions, Map using Outlook or another favorite tool, then Execute. It's your 86,400 seconds. Go reclaim them! Since 1991, Meridian has provided insight and services to over 3,400 petroleum marketers, growing and expanding their market share, while increasing their cash flow and profits. Being the leading petro valuation provider in the nation, Meridian is also trusted for buy/sell transactions. To find out what Meridian can do for you – Call us 800-728-9005. The P&CMA PAC Patrons' Club, with an initial goal of 25 association members statewide, represents those members who have made the highest commitment to the association's political activities by contributing to the P&CMA PAC; PMAA's SBC PAC and Marketer Defense Fund; and NACS PAC. Patrons' Club members receive benefits and recognition throughout the year in recognition of their continued commitment to the association's governmental affairs efforts. Members of the P&CMA Patrons' Club: (as of January 1, 2016) David Collins D C Oil Company, Inc. James L. Eidson Eidson Petroleum, Inc. Jim Hays Hays and Son Oil Company, Inc. Wayne A. Hollar The Hollar Company, Inc. Tim Shirley Home Oil Company, Inc. Jonathan Tang Ira Philips, Inc. Jim McGuire McGuire Oil Company, Inc. Richard M. Mayers Midstates Petroleum Company R. Shayne Lord R. S. Lord, LLC Jim Parr Parr's, Inc. Guy J. Spencer, III The Spencer Companies, Inc. James Wadsworth Wadsworth Oil Company of Clanton, Inc. PAC Patrons' For information on becoming a PAC Patron, please contact Bart Fletcher at the association office.

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