Vice President, Crain Oil Company Inc.
60 Seconds With Joe Crain, Jr.
by Clay Neely - firstname.lastname@example.org
Growing up, did you see yourself coming into the family business or did it come about in a different way?
I guess growing up I always had a huge interest in coming back home after college and working in the family business. I began working full-time at Crain Oil in June of 1988. I am fortunate to share a great working relationship with my father, having been able to come home and work in the family business is truly an honor.
How has doing business changed since you started working for the company?
The challenges of running a small business seem to get harder and harder every day. Regulatory compliance in all aspects of our business has become extremely cumbersome. We have seen a great deal of change in environmental compliance over the years and have spent a huge amount of time and money trying to keep up with the ever-changing environmental concerns. We have seen the price of crude oil skyrocket, and the volatility in the price of crude oil is now driven more by speculation and emotion than true supply and demand. It has been a frustrating and expensive ride for the consumer. Still yet another big change I have seen is that the traditional fuels of yesteryear have been replaced by cleaner, greener fuels that continue to evolve.
What do you believe to be the biggest asset your company has to offer?
Our biggest, and certainly our greatest asset that we have to offer is our honesty and integrity. My father is the perfect role model for how honor and integrity play an integral role in any business. These assets are ageless and timeless. They are not assets that you purchase, they are assets that you earn. The return on the investment in these assets is not measured in dollars and cents, but instead they are measured in one's overall self-worth and happiness.
How do you spend your free time? Do you have any?
I love to do anything outdoors. I really enjoy working in the yard. Love college football and love to hit the gym to blow off some steam. I have a great wife and two amazing kids that I love to hang out with.