Business

6 Tips to Help Managers Become Leaders

Published

3 years ago

February 19, 2022

You might be a good manager if you have the right skills, but it is hard to wear leadership shoes when your feet don’t fit. Many managers are in for a rude awakening as they learn how difficult it can be to become a leader. Managing people is not easy, and even worse, it’s not always fun.

You need to stay focused on the job at hand, yet that requires taking time away from it. It also means being willing to make unpopular decisions and face backlash from those they impact. This is especially true if you’re leading a team or department of employees.

The Difference Between Managers and Leaders

Managing others isn’t about doing their jobs well; it’s about helping them do theirs better. If you want to be a great manager, you must understand that the best leaders don’t necessarily know the most about what needs to get done.

Instead, they are the ones who inspire others to work harder, faster, smarter, and more creatively than ever before. They are the ones who can make the tough calls when everyone else is paralyzed by fear or doubt. They take action when no one else dares to move forward.

Here Are Six Tips For Becoming A Great Leader

1. Be Honest With Yourself

It’s easy to tell other people how things should be done, but you’ll never be able to lead effectively if you can’t admit your weaknesses. It’s not enough to say, “I’m too busy,” or, “The project just doesn’t seem important.”

No matter how much you want to delegate responsibility, you will always be responsible for making sure everything gets done. And, as the leader, you need to be honest with yourself about whether you’re really up to the task. Are you delegating because you don’t have time to handle it? Or, are you afraid of failure? Leaders who are willing to take risks, even if they fail, are the ones who get things done.

2. Ask For Feedback

If you want to improve, you need to ask for feedback. You might think it’s an inconvenience, but you’d be surprised at how often people will offer constructive criticism if you ask. Even better, it will help you grow personally, so it’s worth putting in the effort.

3. Set The Example

People follow leaders, not bosses. You need to model the behavior you expect from your team members. If you want them to act professionally, you must act professionally. This includes things like arriving early and staying late.

4. Keep Your Priorities Straight

Being a leader means knowing where you’re headed and having the confidence to take action. If you don’t know where you’re going, you won’t get there. That’s why it’s essential to keep track of all the tasks, projects, and goals you have on the go. Having a clear vision helps you avoid getting distracted by urgent items and focus on the important stuff.

5. Take Responsibility

A great leader takes accountability for their mistakes, accepts responsibility for the consequences, and never blames others. A good leader knows that everyone makes mistakes, but they also know that learning from them is part of the process.

6. Learns and Develops Skills

Leaders are constantly growing. They learn new skills, take on new challenges, and work hard to improve themselves. If you want to become a great leader, you need to do the same. Learning is the key to growth and helps you adapt to change.

How Can A Leadership Coach Help

As a manager, you already know the importance of being open and honest with your team members. But there are many ways you can coach them to become better leaders themselves. One of the best ways to do this is through mentoring programs, which pair experienced leaders with less-experienced ones.

These programs can help develop your protégés into future leaders. Another way to support your team is by teaching them to lead by example. When you take on a leadership role, you have to be willing to sacrifice your comfort for the organization’s benefit.

Coaches like Stavros Baroutas help managers become influential leaders. The Stavros Baroutas Android Application offers a fresh look at personal development with interactive coaching features and a goal-oriented approach. This app’s daily videos and podcasts will help you achieve your goals. After viewing these videos, you’ll have a different perspective on life because they’re so transformational!

How Can You Start Working On Your Leadership Skills

There’s no one-size-fits-all solution for becoming a great leader. You need to find the path that works best for you. However, some common traits are necessary for success regardless of the method you choose.

You need to be self-aware, disciplined, and comfortable making unpopular decisions. You also need to be willing to take risks and accept responsibility for the consequences. To succeed as a leader, you must first recognize that you’re a leader.

You must then commit to the journey, and you must be willing to put in the work. Finally, you need to believe in yourself and your ability to make a difference.

Final Words

Leaders are constantly under pressure. As the leader, you need to balance the needs of your team members with the needs of the company. This means making tough decisions, sometimes without consulting anyone else. It’s not always easy, but if you’re committed to leading, you need to embrace the challenges. Once you’ve made it to the top, you’ll discover that the rewards are far greater than the stress.

Business

13 Reasons Investors Are Watching Phoenix Energy’s Expansion in the Williston Basin

Published

3 hours ago

April 23, 2025

Matthew Wiles

As energy security becomes a growing priority in the United States, companies focused on domestic oil production are gaining attention from investors. One such company is Phoenix Energy, an independent oil and gas company operating in the Williston Basin, a prolific oil-producing region spanning North Dakota and Montana.

Phoenix Energy has established itself as a key player in this sector, expanding its footprint while offering structured investment opportunities to accredited investors. Through Regulation D 506(c) corporate bonds, the company provides investment options with annual interest rates ranging from 9% to 13%.

Here are 13 reasons why Phoenix Energy is attracting investor interest in 2025:

1. U.S. energy production remains a strategic priority

The global energy landscape is evolving, with a renewed focus on domestic oil and gas production to enhance economic stability and reduce reliance on foreign energy sources. The Williston Basin, home to the Bakken and Three Forks formations, continues to play a critical role in meeting these demands. Phoenix Energy has established an operational footprint in the basin, where it is actively investing in development and production.

2. Investment opportunities with fixed annual interest rates

Phoenix Energy bonds offer accredited investors annual interest rates between 9% and 13% through Regulation D 506(c). These bonds help fund the company’s expansion in the Williston Basin, where it acquires and develops oil and gas assets.

3. Record-breaking drilling speeds in the Williston Basin

Phoenix Energy has made significant strides in drilling efficiency, ranking among the fastest drillers in the Bakken Formation as of late 2024. By reducing drilling times, the company aims to optimize operations and improve overall production performance.

4. Expansion of operational footprint

Since becoming an operator in September 2023, Phoenix Energy has grown rapidly. As of March 2025, the company has 53 wells drilled and 96 wells planned over the next 12 months.

5. Surpassing production expectations

Phoenix Energy’s oil production has steadily increased. By mid-2024, its cumulative production had exceeded 1.57 million barrels, outpacing its total output for 2023. The company projected an exit rate of nearly 20,000 barrels of oil equivalent per day by the end of March 2025.

6. High-net-worth investor offerings

For investors seeking alternative investments with higher-yield opportunities, Phoenix Energy offers the Adamantium bonds through Reg D 506(c), which provides corporate bonds with annual interest rates between 13% and 16%, with investment terms ranging from 5 to 11 years, and a minimum investment of $2 million.

7. Experienced team with industry-specific expertise

Phoenix Energy’s leadership and technical teams include professionals with decades of oil and gas experience, including backgrounds in drilling engineering, land acquisition, and reservoir analysis. This level of in-house expertise supports the company’s ability to evaluate acreage, manage operations, and execute its long-term development plans in the Williston Basin.

8. Focus on investor communication and understanding

Phoenix Energy prioritizes clear investor communication. The company hosts webinars and provides access to licensed professionals who walk investors through the business model and operations in the oil and gas sector. These efforts aim to help investors better understand how Phoenix Energy deploys capital across mineral acquisitions and operated wells.

9. Managing market risk through strategic planning

The energy sector is cyclical, and Phoenix Energy takes a structured approach to risk management. The company employs hedging strategies and asset-backed financing to help mitigate potential fluctuations in the oil market.

10. Commitment to compliance

Phoenix Energy conducts its bond offerings under the SEC’s Regulation D Rule 506(c) exemption. These offerings are made available exclusively to accredited investors and are facilitated through a registered broker-dealer to support adherence to federal securities laws. Investors can review applicable offering filings on the SEC’s EDGAR database.

11. Recognition for business practices

As of April 2025, Phoenix Energy maintains an A+ rating with the Better Business Bureau (BBB) and is a BBB-accredited business. The company has also earned strong ratings on investor review platforms such as Trustpilot and Google Reviews, where investors often highlight clear communication and transparency.

12. A family-founded business with a long-term vision

Led by CEO Adam Ferrari, Phoenix Energy operates as a family-founded business with a focus on long-term investment strategies. The company’s leadership emphasizes responsible growth and sustainable development in the Williston Basin.

13. Positioned for long-term growth in the oil sector

With U.S. energy demand projected to remain strong, Phoenix Energy is strategically positioned for continued expansion. The company’s focus on efficient drilling, financial discipline, and structured investment offerings aligns with its goal of building a resilient and growth-oriented business.

Final thoughts

For investors looking to gain exposure to the U.S. oil and gas sector, Phoenix Energy presents an opportunity to participate in a structured alternative investment backed by the company’s operational expansion in the Williston Basin.

Accredited investors interested in learning more can attend one of Phoenix Energy’s investor webinars, which are hosted daily throughout the week. These sessions provide insights into market trends, risk management strategies, and investment opportunities.

For more information, visit the Phoenix Energy website.

Phoenix Capital Group Holdings, LLC is now Phoenix Energy One, LLC, doing business as Phoenix Energy. The testimonials on review sites may not be representative of other investors not listed on the sites. The testimonials are no guarantee of future performance or success of the Company or a return on investment. Alternative investments are speculative, illiquid, and you may lose some or all of your investment. Securities are offered by Dalmore Group member FINRA/SIPC. Dalmore Group and Phoenix Energy are not affiliated. See full disclosures.

This article contains forward-looking statements based on our current expectations, assumptions, and beliefs about future events and market conditions. These statements, identifiable by terms such as “anticipate,” “believe,” “intend,” “may,” “expect,” “plan,” “should,” and similar expressions, involve risks and uncertainties that could cause actual results to differ materially. Factors that may impact these outcomes include changes in market conditions, regulatory developments, operational performance, and other risks described in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and Phoenix Energy undertakes no obligation to update them except as required by law.