Most of the people who graduate from finance school usually end up in banking halls or working for huge corporations and even hedge funds. But Sheldon Lavin, the CEO of OSI Group decided to take a different path. After scooping a degree in Finance and accounting from the University of Illinois, Sheldon decided that he wanted to contribute positively to the world.
He wanted to build businesses that would provide people with food and products that they use on a daily basis. In line with his goal, Sheldon Lavin established a financial consultancy firm. Sheldon understood that companies need regular financing to survive in the competitive market. By establishing a financial consultancy firm, Sheldon hoped that he could help them to accomplish their goals.
Was it easy for Sheldon in the beginning?
During an interview with Inspirery, Sheldon Lavin revealed that he was not confident with his abilities in the beginning. Luckily, the nervousness disappeared when he started experiencing success. Sheldon’s first big break occurred when he landed a contract with Otto & Sons.
By then, Otto & Sons Ltd was still a small company that wanted to expand its operations. Unfortunately, they lacked enough capital prompting them to approach Sheldon. He believed in the company’s ability to succeed, and his assumption turned out to be right. Within one year, Otto & Sons Ltd had expanded beyond the American border. The initial success with Otto & Sons helped Sheldon to realize that he had a talent for building business enterprises.
How does Sheldon Lavin make his money?
Earlier this year, Forbes listed OSI Group among top hundred private companies in the U.S having achieved sales of more than $6 billion. The proceeds from the company alone are enough to make Sheldon a billionaire. But like many other successful individuals, Sheldon Lavin doesn’t put his eggs in one basket.
During the interview with Inspirery, Sheldon revealed that he makes most of his money through financial markets. By carefully investing in ETFs and mutual funds, Sheldon can multiply the income he receives from OSI Group.
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