The Crude Truth

The Crude Truth


The Crude Truth Ep. 106 Jim Holmes, CEO at LFS Chemistry | Oil & Gas Industry

October 31, 2024

In this episode of The Crude Truth, host Rey Treviño welcomes back Jim Holmes of LFS Chemistry for a conversation about balancing family life with the demanding oil and gas industry. Jim shares his journey from vacuum truck driver to leadership, highlighting the importance of mentorship, family, and work-life balance. He also discusses LFS Chemistry’s commitment to developing eco-friendly products for the oil sector, like scale inhibitors, that both perform effectively and reduce environmental impact.


The conversation shifts as Jim delves into his passion for jiu-jitsu, where he draws connections between the discipline and techniques of martial arts and business. Jim shares how the sport, introduced to him by his son, has helped him maintain both physical and mental strength. Alongside Rey and Kristy Kerns, they explore how the values of structure, respect, and responsibility learned through jiu-jitsu apply to entrepreneurship and life.


Highlights of the Podcast


01:29 – Preproduction and Guest Introduction

03:52 – Work-Life Balance in Oil & Gas

04:30 – Jim Holmes’ Career Story

06:21 – Fatherhood and Work-Life Lessons

07:58 – Advice from Mentors on Balance

10:14 – Family Connection through Shared Activities

12:03 – LFS Chemistry's Environmental Focus

16:10 – Environmentally Friendly Scale Inhibitors

21:51 - Slowdown in Q4 for Oilfield Services

24:25 - Jiu-Jitsu Journey & Life Lessons

29:22 - Competition & Learning to Tap Out

30:51 - Respect, Structure, and Aggression Release

33:26 - Soft Society & Changing Times

34:48 - Monopoly as a Metaphor for Entrepreneurship