Ever wondered what it takes to start a niche business in the oil and gas industry? Join us as we chat with Rodney Giles, co-founder of BidOut, a company handling the procurement of billions of dollars in capital expenditures. Discover how Rodney, a high school entrepreneur, transitioned from the tech world to oil and gas and the advantages of focusing on a specialized niche.
Rodney shares the valuable lessons he’s learned from starting multiple businesses, both successes and failures, including the importance of timing investments, and surrounding yourself with knowledgeable people. He also reflects on how his energy levels have shifted over the years and how he now prioritizes his family more than ever. Get ready to be inspired and gain insights to fuel your own entrepreneurial journey.
Finally, learn about the purpose of BidOut and the value of using their platform for procurement. Rodney explains how the reverse auction format forces price competition and exposes service companies to new opportunities they may not have been aware of before. Don't miss this fascinating episode and uncover the secrets behind Rodney entrepreneurial journey and the success of BidOut.
