Brandon Davis, CEO, and Imran Khan of Swan Energy talk about how risk management is critical in times of uncertainty. One way to manage risk is to invest in yourself.

Davis, Khan and host Jason Spiess discuss how “investing in yourself” can be interpreted in different ways depending on your interests, background and pedigree.

“My belief is that if someone has the want to, they should invest in themselves and go start their own opportunity, whatever that might be,” Davis said. “There’s nothing super complicated about getting in the oil and gas business and I believe anyone can do it. Some businesses take a lot of capital up front. You can get into the the oil and gas business with very little capital up front. “

After citing a couple fun investment examples, Davis continued discussing the specifics of risk management.

“You have to be willing to take the risk. And that risk is no different if you invest in wells,” Davis said. “The difference is that you are in the middle of it. Your involvement and your brain is part of the decision making everyday.”

Khan continued Davis’ thought and compared the context to America’s roots and history.

“If you think about what America is about and our backbone of America is based on small business,” Khan said. “Overall it’s about people taking the opportunity and chances on themselves, and making that happen.”

Khan transitioned into the educational portion of risk management and oil and gas.

“From an oil and gas perspective, I used to teach at a local college here with some oil and gas related classes,” Khan said. “There are a lot of folks very interested being able to learn with a lot of opportunities out there.”

Both Davis and Swan discuss investments they have made – past and present. From restaurants to gold mines to food trucks, the conversation switched quickly into a swapping story session. Stories of success and failure in the real world of entrepreneurship.

“The most important thing is to know all the negative things that can happen so you can make sure you are comfortable with that,” Davis said. “The things that I have gotten into, the situations I have dealt with. Look, I’ve been in the oil and gas business for 12-13 years, I’ve also invested into nutrition companies, NASCAR race teams, local dirt track race teams, gold mining, trucking, disposal wells, car dealerships, and I am sure I am missing a some because I used to look at start ups and look at them everyday.”

Oil as a commodity, international investment leaving industry, passion, courage and off shore drilling are also discussed in the interview.

“The thing that has made it easier as I have gotten older and understand things a little better, is that not only do you have to understand the big risk but you have to understand all the risk and what you are getting into,” Davis said.

To contact Davis or Khan, visit https://swanenergyinc.com/

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