Trying to get a business off the ground can be one of the biggest tasks an entrepreneur can take on. Entrepreneurs require a certain discipline and vision in order to launch their business. These same principles would apply to the energy industry and to anyone who may be looking to jump start their own energy company. For Charles Perrin, former CEO of three energy corporations from Tulsa, there were 3 components that he felt were absolutely necessary in order for him to take his corporations to the success they received. Charles says analyzing your competition is important. He says one way to be successful is to study and learn from your competitors. They may be doing something right that you can implement in your business to make more money. Charles also feels that you need to have a good understanding of the risks and the rewards. The key to being successful is taking calculated risks to help your business grow. Charles says a good practice is to ask yourself what's the downside could be. Answering this will give you the worst-case scenario which can help you plan and prepare your business better. This will allow you to take the kinds of calculated risks that can generate rewards for your business. Charles last suggestion is to keep detailed records. While this seems like an obvious component, Charles knows that it is one that can sometimes be easily overlooked. All successful businesses keep detailed records which help you know where the business stands financially and what potential challenges you could be facing. Just knowing this gives you time to create strategies to overcome the obstacles.
In 2002, Charles Perrin of Tulsa founded Rockford Energy Partners I, along with some former colleagues and a $15 million investment from Quantum Energy Partners. As the CEO of Rockford Energy Partners, I Charles went about ensuring the growth of the company. Rockford Energy Partners I obtained over 200 miles of natural gas pipeline and operated 325 wells in the Cherokee Basin. This was done in the space of less than 3 years. In 2005, Charles Perrin of Tulsa founded his second company, Rockford Energy Partners II. Quantum Energy Partners invested $50 million this time; Charles again served as the CEO. Like the original Rockford Energy Partners, the second one was successful and profitable. Rockford II made over $1.57 billion in Board-approved offers. In 2008, Charles Perrin of Tulsa sold Rockford Energy Partners II and started Energy Partners REP III. Charles Perrin from Tulsa has since sold his companies and plans to spend more time with his family.
In 2002, Charles Perrin of Tulsa founded Rockford Energy Partners I, along with some former colleagues and a $15 million investment from Quantum Energy Partners. As the CEO of Rockford Energy Partners, I Charles went about ensuring the growth of the company. Rockford Energy Partners I obtained over 200 miles of natural gas pipeline and operated 325 wells in the Cherokee Basin. This was done in the space of less than 3 years. In 2005, Charles Perrin of Tulsa founded his second company, Rockford Energy Partners II. Quantum Energy Partners invested $50 million this time; Charles again served as the CEO. Like the original Rockford Energy Partners, the second one was successful and profitable. Rockford II made over $1.57 billion in Board-approved offers. In 2008, Charles Perrin of Tulsa sold Rockford Energy Partners II and started Energy Partners REP III. Charles Perrin from Tulsa has since sold his companies and plans to spend more time with his family.