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.
The first four months of the year witnessed a 0.4% rise in the economy of Brazil compared to what was experienced in the closing stages of 2017. In comparison to the start of last year, an increase of 1.2 % was witnessed. The agricultural sector has not done as well as the whole economy. These statistics are drawn from a report made by Flavio Maluf, Eucatex Group’s president.
The truck drivers’ demonstrations in mid-May had a huge impact in the agricultural sector. The report indicates that the sector experienced a 2.6% drop in its GDP. There was a considerable decline in the crops harvested. Read more about Flavio Maluf at Wikipedia.
Flavio Maluf’s report indicated that feed production took a hit as sugarcane and maize products were not circulated as expected. The lack of feeds squarely affected the livestock industry. Meat production experienced an all-time low. Traders also had a rough time during this period.
The coffee chain was not left out. Raw materials did not get to the processing plants in good time. The decline in production was inevitable and exporters had to count their losses according to the report. It was not helped by the fact that harvesting usually reaches its peak during this period.
Rice and leaf tobacco production also recorded notable declines of 6% and 7% respectively. The decline in the agricultural sector was not entirely unexpected. 2017 had seen an unprecedented improvement in productions. 240 million tons of harvest in the first four months had never been witnessed before. Market players could not guarantee that this would be replicated the following year.
The situation, however, was not grim for all the crops. Flavio Maluf reported that soybeans recorded an all-time high in the South American country. 119 million tons of soybeans were harvested in the first quarter of the year. The impact of this harvest was largely overshadowed by the substantial losses on the other agricultural products.
Road freight regulations and reduced diesel oil prices led to the calamitous strike that kicked off on May 21. Agricultural producers were the greatest losers of the demonstrations that would later enjoy public backing.
The 58-year-old has led the Eucatex Group since 1997 and continues to guide them towards astronomical success in the business world.
Lear more: https://www.terra.com.br/noticias/dino/conheca-com-o-empresario-flavio-maluf-alguns-mitos-e-verdades-a-respeito-de-ser-um-empreendedor,21991ecd7b49587604a2d972ecada3b6lz1vsqwr.html