Sheldon Lavin has achieved much success in the food industry. He is the CEO and chairperson of OSI Group, a global and food processing company headquartered in Aurora, Illinois. He is also president of OSI International Foods Ltd. Sheldon’s unmatched management skills are demonstrated in the success of the company, which he grew from being a local hamburger supplier to a global brand. The company’s outstanding performance has seen it receive different awards, including the 2016 Global Visionary Award by India’s Vision World Academy. In addition, RSM US LLP honored the visionary leader with the 2015 Lifetime Achievement Award. OSI Group has also received numerous sustainability and environmental awards.
Despite of his overwhelming success in the food industry, Sheldon Lavin started his career in the financial sector. His involvement in food production started in 1970 when he arranged funding for Otto & Sons, the predecessor of OSI Group. During that period, the entity supplied hamburgers to McDonald’s Corporation in the Midwest. Five years later, he became a business partner with the two sons after the retirement of their father. Sheldon took a full time career in the meat processing industry and assumed full control of the company when the two sons retired. He has overseen OSI Group’s expansion to South America, Taiwan, Philippines, India, Japan, South Africa, China, Australia, Brazil and Europe. Learn more about him: https://angel.co/sheldon-lavin
Today, OSI Group has three wholly owned subsidiaries. They are OSI Industries LLC, OSI International Foods and OSI International, Inc. These companies have employed over 20,000 workers. Owing to the company’s family-oriented culture, they have had a low staff turnover. Presently, OSI Group operates over 50 facilities in 17 countries where they serve retail and foodservice brands. In addition, Sheldon Lavin engages in charitable initiatives. Over the years, Sheldon has been supporting Ronald McDonald House Charities where he is also a trustee. The other non-profit organizations that Sheldon Lavin supports include The National Multiple Sclerosis Society, Evans Scholarship Fund, Inner City Foundation of Chicago and Boys and Girls Club of Chicago. Lavin serves as the president of the Sheba Foundation.
Hollywood actress Kate Hudson is very famous for her movie career, but now she is becoming equally famous for her business career. In 2013, she and a team of fashion business leaders created Fabletics. Hudson and her partners felt that at that time there was not a reasonably priced and stylish athletic leisure brand on the market for women. They came to the realization that there was only overpriced and boring athletic clothing available both online and at brick and mortar stores. In just over three-and-a-half years the small startup company has grown into a $250 million business. Pretty good for an actress without a business background.
How has Fabletics achieved so much success in such a short period? They have focused on what they call a reverse showroom business model. While most traditional clothing retail companies are losing customers to online retailers like Amazon because of what is known as “showrooming,” Fabletics continues to grow its customer base. Showrooming is when people use brick and mortar stores to try on clothes to decide what they want and go online to purchase the items at a lower cost. Reverse showrooming is exactly the opposite. It is where people find the clothes they want to try online and go to the physical store to make sure they like their choice, and they can ultimately make their purchase at the showroom or on Fabletics website.
The blending of online shopping and traditional retail is one of the keys to Fabletics rapid success. They have understood that online information can be used to improve the selection at their physical stores. They use the data collected online to tweak and refine fashion trends, color preferences and local buying habits. They stock their stores based on the data gathered in each region of the country and can customize each location to the specific demographics of each of their showrooms.
Fabletics online lifestyle quiz is one innovative way they gather information on what their customers are wanting, and this is how they can stay ahead of changing fashion trends. The lifestyle quiz asks people to let Fabletics know things like what is their favorite fitness activity, where do they like to exercise and what types of colors match their style. This information is one thing they use to better each customer’s shopping experience, and they encourage everyone to take the quiz.
Times change and the influence of organizations, like OPEC may be waning. Since the 1970s oil embargoes rocked the world, OPEC has steadily seen its influence decline. Was the decline of OPEC discussed at the Texas Bankers Association Annual Strategic Opportunities Conference in November 2016?
OPEC Can’t Agree
OPEC is a consortium of Oil Producing Exporting Countries, which basically means nations with surplus production not needed for their domestic industry. It used to be that when OPEC spoke, the world listened. But some are predicting the End of Big Oil. Is this true?
For years, OPEC has struggled to maintain a consistent policy. Since the continual wars after 2002, the energy consortium has been dominated by internal struggles, chaos and loss of influence. The truth is that the United States and Russia (non-OPEC members) are actually two very influential energy producers.
The weakness of OPEC has led to a lower West Texas Intermediate (WTI) crude oil price. On the other hand, it has also led to increased American influence in the industry. How can Texas bankers profit from the demise of OPEC?
Texas Energy Prestige
As the energy industry changes, local Texas towns will be impacted. The proactive strategy of NexBank CEO John Holt, who spoke on the aforementioned conference panel, “Reinventing Community Banking: Perspectives on Competing by Innovation,” offers an answer. Texas bankers can continue to offer innovative financial products to anticipate energy sector changes.
Perhaps, this might include focusing more attention on low income housing. NexBank can provide the loans to the builders and home owners. This allows them to continue to have a healthy housing sector, even with energy industry changes. NexBank can also help Texas energy firms gain more traction, prestige and influence. As OPEC declines, Texas Big Oil should be able to fill the vacuum.
Paul Mampilly decided to leave Wall Street and New York and help ordinary investors make profits after the significant financial losses they suffered in 2008. His firm principle would not allow him to sit and watch as hedge fund managers collect fees as usual while the investors are losing. He decided to start his company, the Capuchin Consulting in North Carolina, where he could give his expertise on the best stock to invest in.
When the crisis happened, he was managing a private account that achieved a record return and was awarded the coveted competition that is sponsored by John Templeton Foundation. At the time where everyone was scared of making an investment, Paul Mampilly took the risk and had a seventy-six percent gain, which was very impressive. According to Paul, it is all about buying the stock at the right time.
Other than through his company, Mr. Mampilly, gives investment advice through an investment advisory newsletter that is updated weekly and has sixty thousand subscribers. With just his advice, the subscribers with their brokerages can make wise stock decisions. Paul Mampilly is also the Investment Director and Editor at FDA Trader and with his extensive experience gives ideas for Agora Financials that are creating returns. By keeping tracks and recommending stocks, Paul helps ordinary individuals make huge profits.
About Paul Mampilly
Paul Mampilly has over twenty years of experience in the investment field. He has made himself and others worthwhile investments throughout his career. Apart from founding his firm, Mr. Mampilly has worked as the Author of several publications including Stansberry Research and Common Sense Publishing. At the early stages of his career, he worked at Bankers Trust Company as the Portfolio Manager and Deutsche Asset Management as a Research Analyst.
Paul Mampilly has also made personal investments that cannot go unnoticed. He invested in Sarepta Therapeutics in 2012 and eight months later sold with a gain of 2539%. In 2008, when Netflix was not so popular, he saw the potential the network has and made his investment. He later sold in 2010 making a 634% gain. Paul also invested in Ariad Pharmaceutical, Facebook, among other corporations and made a cumulative gain of 6220%.