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Jeremy Feakins
Jeremy Feakins presently serves as Chairman and CEO of Ocean Thermal Energy Corporation (OTE)
Jeremy Feakins presently serves as Chairman and CEO of Ocean Thermal Energy Corporation (OTE)
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5 Steps To Achieving Work/Life Balance

In a society where cellphones, emails, texts, and social media provide a 24/7 connection, it can be a challenge to peel yourself away from your job.

It’s harder still to “leave work at the office” if like many modern-day employees, you don’t work in an office. Telecommuting has become very normal, and when you work from home it’s hard to separate work and home.

Work/Life balance is essential if you want to maintain your sanity. Without it, you’re only a hop, skip, and a jump away from burning out and becoming unmotivated or even depressed.

According to a study issued by Ernst & Young, one in three full-time employees across the globe feel that maintaining a healthy work/life balance has become increasingly more difficult in the last 5 years. We all know that rejuvenated, happy employees are the most productive, so how do you achieve the elusive work/life balance?


Stay Organized In Your Commitment to Balance

You can use the same tools to stay organized in your personal life as you do in your professional life. Input yoga classes or birthday dinners into your calendar alongside business meetings and to-do lists. Treat personal commitments with the same respect that you would professional commitments. Try logging your daily activities in a journal for a week to see how well you’re spending your time, and adjust accordingly.


Unplug and Be Present

Turn off your phone notifications and make an effort not to check emails during non-work hours. By not reacting to work updates, you’ll be more present in your everyday life. And don’t stress. If someone really needs to get in touch with you, they’ll pick up the phone and give you a call.


Take Off The Time You Deserve

While it’s okay to work the odd late evening or Saturday morning, do not make a habit out of it. If you’re not required to work weekends, spend those 2 days a week focusing on your personal life. Go grocery shopping, clean your apartment, or simply catch up on some rest. Remember also to take advantage of your vacation days. They’re there for a reason!


Prioritize Your Health

It’s important to take care of your mind and your body. Commit to at least 30 minutes of exercise or meditation 3 times a week. Sign up for Yoga, Spin, or Barre classes. Join your local CrossFit team or organize a casual basketball game with your friends. Go for a weekly mani/pedi or get a monthly massage. Whatever makes you happy: put it in your calendar and commit to it as you would an important business meeting.


Prioritize Your Relationships

Between family, friends, and a significant other, building and maintaining relationships is a job in itself. Become a “yes” person when you receive an invitation to a social event, and commit to a daily dose of mingling. This can be anything from an evening cuddle session with your partner to a happy hour with the boys. Nurturing relationships will keep you happy and healthy.

Ultimately, you need to accept the natural ebb and flow to balancing your personal and professional life. Sometimes work will take precedence, and other times you will need to focus on yourself and your relationships. True balance means considering your workload, family, hobbies, health, and career goals.
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Ten Questions to Ask Yourself Before Becoming an Entrepreneur

Lots of people from different walks of life and varied age groups would like to start their own businesses. If you want to be your own boss, or have a great idea, ask and answer these 10 questions honestly before thinking about becoming an Entrepreneur.

10. Are you comfortable with taking risks? Being your own boss also means you’re the one making some difficult decisions.

9. Are you afraid of uncertainty? Entrepreneurship means you have to take calculated risks. Even the best-laid plans can go wrong – and usually do.

8. Can you make a lot of decisions on your own? You will need to trust your instincts and not be afraid of rejection every now and then.

7. Are you persuasive? Even if you have the greatest idea in the world, you will need to persuade customers, employees, investors, and partners to ‘buy in’ to your idea(s).

6. Are you able to negotiate? As an Entrepreneur, you will need to negotiate everything from sales orders, contracts, and leases to employment offers and the like.

5. Are you able to think of new ideas? Entrepreneurs must be able to think creatively and take advantage of new opportunities.

4. Do you have a strong support system in place? You’ll be making many important decisions, especially in the first months of opening your business. You’ll need mentors, family members, and other business/professional people to talk to and obtain advice.

3. Have you clearly identified your ideal customer? Remember my golden rule – nothing happens until you sell something (and get paid)!

2. Are you prepared to spend the time and money needed to get a business started? Don’t expect investors to support you and your business unless you have invested time and money and are 100% committed to your entrepreneurial future.

And my number one question:

1. How long will it take to start making a profit? Who is my competition? How will I price my product compared to my competition? How will I advertise my business? These are all things you need to find out before taking the leap because you need to know when your business will be profitable. Always remember, it’s going to take longer than you think and it will likely cost more than you thought it would. Plan accordingly and you’ll be fine!

If you can honestly answer these questions with good, well-thought-out answers, chances are you’ll make a very successful entrepreneur.

Entrepreneurship requires resilience, endurance, and stamina, and you’ll have to ask yourself if you are prepared to go through some tough times as an entrepreneur. What level of anxiety are you willing to endure to achieve your goal?

Focus on your idea and building a great company. As David Karp, Tumblr founder and CEO, said: “An Entrepreneur is someone who has a vision for something and a want to create.
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Building an Advisory Board That Works!

Entrepreneurs with early stage companies often ignore the very real usefulness of an Advisory Board.

Advisory boards can be built and organized to help with the direction of your company, provide advice, and help with strategy, marketing, business, legal, and financial issues that may affect you and your business.

I believe there is a lot of value in assembling handpicked individuals who complement the existing skills of management and the Board of Directors. Recruiting influencers and well-connected people with relevant experience can help accelerate the growth and ultimate success of a young business.

I’ve usually assembled an advisory board with both the public and private companies that I’ve started and managed. I’ve learned that if you have a good idea, an extra set of eyes on your plans is very important. It’s very likely you’ll be able to find local people willing to provide guidance and support.

I once asked a now-retired NFL Football Player if he knew any “celebrity” people with the hope of getting one to serve on our Advisory Board. His surprising reply was that we would very likely be wasting our time. In his view, young companies should look for individuals who offer expertise in very specific areas, rather than someone who is famous but simply doesn’t have any business experience.

Like mentors, advisory board members must want to help the entrepreneur and his/her company. When seeking out people for your advisory board, look for those who are likely to be loyal and supportive. You don’t need “yes” people who agree with everything you say. But, you do need to find those who are experienced, seem genuinely interested, and are committed to helping you and the company succeed. Ask yourself several questions: What knowledge or experience does the person have that would help you and your business? How active will they be? How much time do they really have to spend with you? Can you get access to their networks? Will they be ready to offer their frank and candid advice and constructive support? All of these questions need to be answered before you extend an invitation to serve on your advisory board.

While most advisory board members may be prepared to donate their time and expertise, I like to provide some form of compensation. In the early stages of growing a company, I usually offer shares in lieu of cash, geared to the level of the advisory board member’s participation and the ultimate success of the business. Consider offering shares or stock options in your company of between 0.1% and 1.0%. If and when your business can manage it, offer a nominal monthly cash stipend, too. And, of course, always offer to pay travel and other expenses. The compensation does not need to be excessive, but it should be meaningful.

It’s important for an entrepreneur to understand what the advisory board’s function is. Thinking carefully about an advisory board’s purpose will help you organize it. Some years ago, the Ivey Business Journal published an interesting article on this subject. If you are considering assembling an advisory board, I recommend you read this article.

For the entire blog and more, visit StartupBusinessLife.com!
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Celebrating World Water Day 2018

It’s the 21st century, and Earth faces more water crises today than ever before. Because only 3% of our planet’s water is fresh (and roughly 2/3rd of that water is locked away in glaciers and hidden spots around the world), over 1 billion people lack access to clean water entirely. March 22, World Water Day, is an annual event dedicated to bringing this global issue to light.

The theme for 2018’s World Water Day is ‘Nature for Water,’ focusing on how we can utilize all that nature gives us to conquer today’s most challenging water crises. The world is constantly faced with floods, droughts, and increasingly stronger hurricanes, which can lead to agricultural issues such as degraded soil and loss of vegetation. More often than not, the solutions to these problems are right in front of us.

Mother Nature frequently provides us with the resources we need to overcome challenges that are typically created by us. For example, green infrastructure can be implemented to manage precipitation in a way that benefits both nature and the community. Introducing green infrastructure to our cities is one effective strategy for water conservation and optimization, especially considering the planet’s increasingly urban population. Examples of green infrastructure include rain gardens, permeable pavements, green roofs, and simply green streets and parking lots. Introducing urban vegetation and more plants to our cities lowers energy levels and improves air quality all around.

Wetland restoration is another great way to improve our planet’s water cycle. According to the EPA, in order to achieve this, we must preserve and protect our aquatic resources, restore the wetlands’ natural structure and function, restore native species, and more. Wetlands are important ecosystems both in the United States and around the world as they protect shores against wave damage, prevent floods, and provide habitats for thousands of plants and animals.

Ocean Thermal Energy Conversion is a viable solution to the many water crises that nations face across the globe. Here at Ocean Thermal Energy Corporation, we have plans to harness the powers of this technology in the Caribbean, Coastal Africa, the Philippines, and South Pacific, many of which contain developing countries with severe water shortages. OTE also has plans to introduce EcoVillage, an entire community built on the concept of green infrastructure and sustainability, in the U.S. Virgin Islands.

World Water Day is an important event around the world, especially for those in developing countries. Water pollution and scarcity are real and prevalent issues faced throughout the world, which those of us with daily access to clean water often take for granted. This international observance day promotes a number of education events based on the year’s theme.

Cape Town’s water crisis is a perfect example of why we as human beings need to become more resourceful when it comes to clean water access. Global water demand may reach astronomical numbers within the next few decades as population grows, with the UN expecting demand to be 30% higher by 2050 than it is today.

To best celebrate World Water Day this year, spread the word of these positive efforts and educate others as to why water conservation is so important. Visit WorldWaterDay.org for more information!
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How EcoVillages Could Change the World

Our planet today is an ever-changing world consisting of complex weather patterns and environmental issues that must be addressed in order to preserve and develop sustainable solutions. Ocean Thermal Energy Corporation is in the process of doing just that.

EcoVillage is an affordable community harnessing integrated technologies such as fresh water production, agriculture and aquaculture, and much more. These villages are powered by OTEC clean energy to provide comfort and stability for every resident, and are planned for development in the Caribbean, Asia, and Africa.

There are presently three different sets of OTEC pipelines at NELHA in Hawaii delivering deep-seawater from 3,000 foot depths and pristine sea surface water. This process is able to produce many basic human necessities without using fossil fuels, such as seafood, water, fruits and vegetables. Taking this amount of success into consideration, the potential benefits this technology would have in developing countries are enormous.

While EcoVillage is still in development, OTE has made significant progress in the development of these sustainable communities. Recently, the company obtained approval from the U.S. Virgin Islands’ Public Service Commission for the first Ocean Thermal Energy Conversion plant. The company has identified the plots of land and completed the first draft of the facility’s plan.

The main concepts OTE is developing are the relationship between our environment and a contemporary quality of life. Inhabitants of the EcoVillage are provided with clean air, water, and food, and a renewable source of energy. Communities operating alongside nature is the embodiment of true sustainability.

Founder, Chairman, and CEO of Ocean Thermal Energy Corporation (OTE), Jeremy Feakins, stated, “The threat of a global environmental crisis is upon us. We have to find solutions to live and develop sustainably – in harmony with nature, and to embrace community living and a modern, quality way of life.”

These urban communities are comprised of indigenous materials that are able to withstand extreme weather, and utilize low-cost construction technology to allow for affordable housing. These homes use rough sawn timbers, super insulation, and large glass southern exposures to provide energy efficiency in addition to an alluring visual appeal. In addition, an OTEC plant will supply energy, cooling, and fresh water for drinking, aquaculture, and agriculture. This directly addresses the issues that are so often faced in developing countries: a lack of reliable, affordable electricity, clean water, and plentiful food.

Affordable Communities will also be developed in these areas for the middle class. Yet another benefit of EcoVillage: proceeds from the construction and development of this will go directly to building these lower-priced communities. As stated by Ocean Thermal Energy Corporation, “Each sale of luxury EcoVillage residences will support the development of environmentally responsible affordable communities in tropical and subtropical regions of the world, currently in development.”

The technology incorporated into EcoVillage will include the latest advancements in IT, such as state-of-the-art managed services that come with commercial, home office, and studio facilities in every community. This comes with broad bandwidth or satellite communication links. As an added benefit to the homeowners within EcoVillage and Affordable Communities, OTE’s planning process involves building methods that include the residents themselves, allowing them to participate in their home’s design and construction.

EcoVillage is bound to set the standard for sustainability while balancing the needs of the environment and those of the residents within them. Though it has yet to be fully implemented, the concept and possible advantages that come with EcoVillage should be enough to garner the attention of Venture Capitalists around the world.
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The Impact of OTEC

Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) can sound like very confusing terms. While their processes may be complex, their efforts and potential achievements can have an enormous impact in the world of sustainable energy.

Ocean Thermal Energy Conversion

The very first example of OTEC first came in the late 19th century when Jules Verne introduced the idea in his novel Twenty Thousand Leagues Under the Sea. This supposedly inspired scientists around the world to begin working on the concept for real life implementation. However, physicist Jacques-Arsene d’Arsonval is generally seen as the originator of this technology that uses the ocean’s varying temperatures to produce power.

The first facility utilizing this technology would not come about for another century, though. The world’s first net power producing facility created is found in Hawaii at NELHA (Natural Energy Laboratory of Hawaii Authority), funded by the U.S. Department of Energy.

The Process

OTEC works by leveraging the temperature differentials in our world’s oceans between cold, deep water, and warmer surface found in tropical regions like the Caribbean. This difference can be used to generate unlimited amounts of energy without the use of damaging materials. This form of alternative energy is turning a new page in terms of accessibility, affordability, and emissions.

Closed cycle OTEC systems consist of two large pipes and a heat exchanger. Warm surface water flows in through the first pipe and is used to heat a working fluid with a low boiling point, such as ammonia. The steam produced by the boiling ammonia turns a turbine generator, thus producing electricity. A second pipe pulls colder water from deeper parts of the ocean (1,000 meters down), which condenses that steam back into a liquid state. The pipes then take the cold water back to the deep ocean and the warm water back to the surface of the ocean, and the ammonia is recycled, creating a 24/7 process that is capable of running 365 days a year.

OTEC technology utilizes the nearly 80% of the sun’s rays that are absorbed into the surface of oceans and are replenished daily, unlike fossil fuels such as oil or coal.

Benefits

This technology brings an array of economic, environmental, and social benefits to the table, increasing sustainability. In terms of the economy, OTEC reduces fuel imports and capital expenses, leading to reduced energy costs for our customers, and helps stimulate economic development.

Social benefits include (but are not limited to) affordable production of fresh water, flourishing agriculture, and sustainable aquaculture through desalination, a process that extracts mineral components from saline water. OTEC is able to contain some of the deep ocean water extracted and desalinate it. This can be done at night as well when power demand is lower. By siphoning off some of the colder ocean water in addition to some of the electricity produced, OTEC can produce fresh water at a consistent rate.

In turn, the environment benefits greatly. OTEC is a green technology that keeps our planet’s well-being in mind. It produces almost limitless renewable energy without using fossil fuels, and produces zero emissions. In fact, OTEC can save up to 7,000 tons of CO2 per year. More fresh water produced means more for human consumption, which translates to fewer people going thirsty and more people practicing better hygiene.
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