Evolving and pivoting are two of the most common qualities that help entrepreneurs stand out in the business world. Every entrepreneur needs the ability to execute either, even if it’s on a whim to stay in tune with changing business conditions to navigate waters when they get murky. Steve Blackwell, the CEO of Invito Energy Partners, has exhibited these two qualities as he rose above the challenges of the mortgage industry to move into the energy sector.
Steve Blackwell had his business acumen tested in 2008 when his career and business crashed alongside the mortgage industry. He had amassed years of success in the industry before the crash. However, it took over a decade of strategizing, regrouping and trying other new things to launch Invito Energy Partners.
The company, which came to life in late 2019, landed into rocky waves during the COVID-19 pandemic. There was a global lockdown and a crash in oil prices. In 2021, however, its first fund was launched, and it began to operate in the energy sector. Describing what sets Invito Energy Partners apart, Steve Blackwell said: “The structure of our funds from an incentive and fee basis is unique. We limit the up-front fees and align our incentives with the investors. Combining this structure with a proven management and technical team sets us apart.
Navigating the COVID-19 pandemic and commencing operations in a post-pandemic world has been an uphill task for Invito Energy Partners. The company has been at the forefront of creating market awareness and educating investors on the risks and benefits of oil and gas investment as a new firm offering a fund into the direct energy sector. It has also been an opportunity for Steve Blackwell to test his ability to persevere and weather business storms. “Life and business are full of highs and lows. Once you accept that, you can enjoy the highs and persevere through the lows and maintain a healthy view of your value,” he said.
Steve Blackwell believes that every entrepreneur should be prepared for challenging experiences. ”Being an entrepreneur is one of the hardest endeavors you will most likely undertake in your life. Before you jump in, take time to truly evaluate your desire to start your own business and try to visualize what your daily life looks like and then make sure that’s what you want. On a very practical side, one of the biggest challenges for startups is Capital to execute the business plan and personal capital to live off while you build the business. Make sure you have enough of both; from there, I would say whatever plan A is, realize that it very likely won’t work, and that is ok, but be ready to pivot to plan B, C or D,” he said.
With over fifteen years of experience in the energy sector and twenty years of executive experience, Steve Blackwell is set to revolutionize the energy sector. Top of his plans is to make Invito Energy Partners the industry standard and primary choice for direct energy investments. His impressive resume has seen him serve as the president of Petromax Operating and oversee the development of over $100 million of investor capital into three oil fields. He also served as the CEO of US Energy Development, overseeing the deployment of over $100 million of investor capital into drilling 29 wells. He comes highly recommended and is experienced in the energy sector. Thus, he hopes to leverage his expertise and knowledge to develop Invito Energy Partners into the next big thing in the industry.
