Sometimes all we need is a role model, someone we can look up to, to learn the lessons of the path we are about to follow. Sheldon Lavin is among the people that business people consider a role model in the business world. He followed his dream despite the hardships that he came along to be the person he is today.
India’s Vision World Academy recognized his effort and awarded him with the Global Visionary Award. The academy has been holding the awards for five years. They award the investors who held on to their dream and went against all the odds to achieve them. They aim to encourage the entrepreneurs to keep working hard, and to inspire the young investors to keep grinding.
Sheldon Lavin is the CEO and Chairman of the OSI Industries. He has a long history with the OSI Industries. Lavin studied accounts and finance in the university. His dream was to create a chain of companies to produce products that consumers use every day. He, therefore, began a financial consultant firm. This is when the Otto & Sons, approached him for the financial help to enlarge the business. He believed in their strategy and financed them. More about of Sheldon Lavin at Forbes.
After some time, Lavin became a partner in the firm after the father of the sons retired. The OSI Industries began to grow. Sheldon Lavin decided to work with the firm on a full-time basis. His continued contribution has led him to become the owner of the OSI Industries as he has the majority shares of the firm.
Sheldon Lavin encourages the people who are starting their entrepreneur journey by admitting that starting something is always scary. He says that he was scared and was unsure whether his skills matched the responsibility that he was about to undertake. For him, his fear ended when the Otto & Sons approached him; he considers this as his breakthrough.
Sheldon Lavin says that one strategy that led to his early success in his firm is investing in large quantities. He transformed all his firms to multinational firms, which helped him enjoy the benefits of scale. The strategy helped him become profitable in his first year of business.