Sheldon Lavin is an excellent name in the business industry. He serves as the Chief Executive Officer of OSI Group. Lavin developed interest in business while he was a student. He had an urge to help food companies grow and expand to help more people all over the world. Despite that he was weak in faith and doubted his capability, the success inspired him that he experienced in the initial stages of his career. Sheldon Lavin was recently hosted for an interview by Inspirery. When he was asked to explain how he makes money, he first noted that wealth is easily acquired. He also stated that he supports the say that goes ‘it takes money to make money’. To support his point, Lavin said that he was not able to make good money until his businesses were launched. He affirmed that he makes much of his earnings via financial markets. He noted that it was through careful research and investigation that he managed to multiply the income that he got from OSI Group. Lavin finally indicated that he had some mutual funds and ETFs.
He was then asked the long it took him to make profit. Sheldon Lavin noted that his first enterprise succeeded within a year. Lavin pointed out that various small companies were struggling to enjoy profits, but scaling is the ultimate key to success. However, Lavin accepted that many startup businesses usually don’t have adequate resources to help them take advantage of the economies of scale. Lavin managed to drastically cut on cost and expenses by building his company into a multinational business. This led to the attraction of many shareholders that increased their profit growth. However, he affirmed that some of the success could only be attributed to luck and good fortune. However, making a plan is one of the most significant steps towards success. A company is likely to lose profits due to unnecessary and unexpected costs following a poor or failure to make a good business plan.
Sheldon Lavin was then asked whether he has ever got to a point of doubting his ability and if yes, how he handles it. In response, Sheldon Lavin said that he believes that every person has confidence issues whenever trying out something for the first time in his or her life. Lavin said that he was in great doubts during his first encounter with Otto & Sons. However, he did not give up but relied on his instincts and knowledge. Fortunately, the results were impressive as he experienced success. This raised his passion towards financial industry, and he became a financial consultant. He enjoys his career and progress to date. This is the ultimate reason why he has not yet retired.