OSI Industries is the major distributor of food products and other commodities that consumers use daily. When it was founded, it was a butchery serving the local market. Today, the OSI group is a multinational operating firm with more than 65 locations in 16 countries. The expansion of the company has been gradual with most of it being spearheaded by Sheldon Lavin.
Sheldon Lavin studied finance in the university. After school, he decided to try some of the tricks he had learned. His idea was to come up with a series of companies that enhanced the supply of food products and other things that consumers use daily. His first step to accomplishing his dream was starting consulting business. He knew that many firms were in need of finances to expand their business and that he could offer.
Sheldon Lavin says that taking in all those responsibilities was not easy and it was a bit scary. However, like any other successful investor, he pushed and held on to his dream. It was not long before Otto & Sons approached him for financing. He believed in their strategies and agreed to the request.
The first thing that Sheldon Lavin did was to expand the local business into a multinational conglomerate. By taking this step, he became profitable within a short period. He explains that most people take long before they start to earn returns because they are not ready to invest in large scale. Lavin says that buying things in bulk helps a company enjoy the economies of scale and increase its profit margin.
Besides investing in bulk, the other thing that has helped him in his business is planning. He says that since he was young, he developed the habit of considering how his decisions could affect his future. He says that this trait is essential to creating businesses that can overcome hard times. Through this, he has been able to live his dream of bringing pieces together to making his empire. Seeing everything fall into place is one of his most satisfying moments in business.
Sheldon Lavin is a role model and motivator to many individuals who are aspiring to create big things.
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