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.
OSI Group is responsible for much of the global food production. The major corporation today got its start over one hundred years ago. It began as a neighborhood meat market opened by a German immigrant who had immigrated to the United States during the early twentieth century. By the middle of the twentieth century, the family business had become the top supplier for McDonald’s franchises in the midwestern United States. For the past twenty five years, this food provider has been aggressively expanding its territory with acquisitions, new facilities and adding more food to its product lineup.
David McDonald joined the company three decades ago as a project manager. The Iowa State University graduate majored in animal science. He has been with the company through many phases. As chief operating officer, David McDonald has been apart of many big deals for the company. He has negotiated major deals with suppliers and partners. He has been behind some of their major acquisitions. He has led the company to opening more facilities. He has led the company to bringing on more employees. He has done a great job of making sure OSI Group keeps its position as being one of the largest and most well known food suppliers in the world.
David McDonald’s roots run deep in the Midwest. He is a native of Iowa and grew up on a farm. He grew up in the same region where OSI Group first started working with first major supplier, McDonald’s. Most people would not assume that an Iowa farm boy would take a path in life that would lead to corporate America. But his youth played a role in his interest with the distribution of food and honing his managerial skills. As the president of this company, he makes an effort to make sure the next generation becomes businesswomen and businessmen. He gives back to his university. He works to make sure agriculture entrepreneurship is alive and well.
OSI Group has made major moves under the leadership of their president. The company has purchased Baho Food and Flagship Europe. These acquisitions have led to the company being able to reach more customers. Additionally, they were able to broaden their workforce and assets. They have also purchased an Australian food company that will allow them to be a more effective food supplier in to their customers in Australia.