Alex Ottewell built a real estate business that completed more than 1,000 transactions and made him a millionaire by the age of 24. Most entrepreneurs would have stayed the course—but Alex chose a different path.

In this episode of the Pick Up The Phone Podcast, Alex shares why he walked away from a thriving real estate career to build an oil & gas investment company from the ground up. He breaks down the lessons he learned from thousands of deals, the mistakes that shaped his journey, and how he immersed himself in an entirely new industry by hiring a reservoir engineer to teach him everything from scratch.

The conversation goes far beyond entrepreneurship. Alex explains how professional investors evaluate producing oil wells, why cash-flowing assets outperform speculation, the role of PDP (Proved Developed Producing) assets, commodity price risk, hedging strategies, tax advantages, and the mindset required to build long-term wealth across multiple industries.

Whether you're a real estate investor, entrepreneur, or simply interested in how sophisticated investors think, this episode is packed with practical insights and real-world experience.

• Alex's journey from England to becoming a millionaire through real estate
• Building a business with more than 1,000 real estate transactions
• Why he chose to leave real estate and start over in oil & gas
• How he learned an entirely new industry in just a few months
• The importance of understanding business fundamentals over specific industries
• How professional oil & gas investors evaluate opportunities
• What PDP (Proved Developed Producing) assets actually are
• Why producing assets can generate predictable monthly cash flow
• Hedging strategies and managing commodity price risk
• Infill drilling and reducing operational risk
• Tax advantages available in oil & gas investing
• Lessons on humility, execution, and long-term wealth creation