Energetek’s blog on business tips, becoming & staying a successful entrepreneur, and everything else to get you through your work week.
Year End Review: The Good, the Bad, and the Ugly of 2020
Here we are. Another year in the books. I speak for both of us when I say that it feels like we have aged 5 years in the past 12 months. Between the global pandemic, election, murder hornets, record breaking hurricane season and waking up every morning feeling like it is Ground Hog’s Day; we are ALL ready to close this chapter. 2020 [...]
A Managed Approach to Energy Buying
Fix or Not to Fix, That Is the Question "If you sell on savings, you die on savings," says Etek COO Nicholas Gerome- and he's right. Per usual, our forward look of the market hits the nail on the head with the volatility expected to come in 2021. [...]
Cold Storage Proves to be a Cash Cow in the Covid Era and Beyond
The initial panic of the pandemic that left store shelves barren of hygienic products like sanitizer and even various meat products, shed light on the weaknesses in the world’s supply chain. Because of this, larger logistic companies are circling the “small guys” in cold warehousing and distribution like a shark feeding frenzy. The inefficiencies of smaller, independent facilities lie in outdated [...]
Energy 101
The Energy Supply Breakdown Delivery and Supply These are the two main components of your electric and natural gas bill. In a deregulated state, which we will touch on next, your supply portion is the part or rate that you can shop, while your delivery always stays with [...]
Liquid Gold: Wall Street Sets Out to Trade a New Commodity
Climate change is real. As if the fires out west, hurricanes in the Gulf, and the moderate winters didn’t underline this sentiment; Wall street is reminding us that climate change is VERY real by starting to trade futures contracts on California’s water supply. This is the first of its kind in the U.S., making this a [...]
How Timed-Buying Strategies Help Your Business
Timed-buying is a strategy that should be used during every energy supply negotiation. Brokers, great brokers that is, guide clients in determining how much energy to contract, which product to use, and for how long the term should be. With the goal of best meeting their client's energy needs, [...]
The NJ Brokerage Firm for Commercial Property Owners
Property Owners Are Partnering With Energetek for an In-Depth Energy Plan As the Energy Information Administration is estimating natural gas to average $3.14/MMBtu in 2021 (current 2020 average is $1.882,), commercial property owners are looking for ways to take advantage of the market now; that's where Energetek comes [...]
August Energy Briefing: Natural Gas on the Rise
*graph source Direct Energy You know how the saying goes, “no news is good news?" That phrase rang true when last week’s bearish markets bled into this week with the New York Mercantile Exchange (NYMEX) reporting a 70-cent increase of the price for the 12-month strip (September 2020 – August 2021) from $2.20-$2.90. This is not [...]
The Workweek Changeup You’re Looking For
Timing Techniques Batch working or 9/80? How about the Pomodoro Technique? Finding a great workflow takes time and some trial and error, but once you find a strategy that works for you, you'll have a more productive and happier workday. Let's dive into the three I mentioned then [...]
Let’s Talk About Sex…ual Harassment in the Workplace
Yes, we’re going there. And the reason we’re going there is because of 2 things: A.) it’s still not talked about enough. B.) IT CONTINUES TO HAPPEN (why? See A.) While the #MeToo movement has made the subject of sexual harassment and sexism in the workplace less taboo; it [...]
How COVID Has Impacted These 7 Industries
7 Industries from 7 News Sources; Let's See How Things Are Going If you follow our blog you know that we are in the energy industry, specifically electric and natural gas supply, where we broker deals for large C&I. When COVID hit Kristin and I had to readjust our [...]
New Field Precautions
I wanted to follow up my previous article “The Future of Direct Sales” with an article that outlines what our new “field life” is going to look like. With most states being in the yellow phase and working towards the green phase, it is still very important to continue [...]
Are You Using Your Industry to Your Advantage?
Keeping tabs on your industry can help you diversify from the competition and even help you decide monumental business moves like when its a good time to hire. Just as being ahead of the competition is important to maintaining a successful business, equally so is reaching your company goals. [...]
The Future of Direct Sales
COVID-19 has changed everything from the way we interact with each other to the implementation of various health procedures. The economy has taken a substantial hit and industries that were once deemed “recession” proof like the hospitality industry have seemed to be no match for a global pandemic. As [...]
We Stand With #BLM
8 minutes and 46 seconds. Enough is enough. Energetek Founders & the entire Etek team stand with the Black Community. We are long overdue as a Nation and as a world when it comes to ending racism, violence, and police brutality. Change starts within, then to our social circles, [...]