Ericherrmann

The Steady Rise Of OSI Industries From A Small Retail Shop To An International Food Producer

OSI Industries started from a very humble beginning to become one of the largest corporate companies in the American economy. It rose from a small butcher shop in Oakland Chicago to a corporate company with over 65 branches worldwide in 17 countries and a staff of 20,000 workers, which is quite a distinguished development. Otto Kolschowsky who was a German immigrant in Chicago came up with the idea of opening the butcher shop in 1909 to take advantage of the busy area and make money. New immigrants used the route as they headed to the plains to look for farming lands making the center an excellent industrial point. Within ten years, he had converted the business from retail to wholesale and had already opened a branch in Maywood, Chicago in 1928.

The Company has grown for many years, and despite being a small local company, it still had a considerable impact on the American community and economy. Otto & Sons later got an order from Ray Kroc, the owner of McDonald’s restaurants as the primary food supplier. The expansion of Otto & Son’s business started here because the order was consistent. The company diversified, and after some decades, the company was named OSI Industries, a name that would portray the company in a better way. The business ceased from being a family business to an advanced international food manufacturer. From then henceforth, OSI Industries changed the management from Kolschowsky and sons and therefore invited Sheldon Lavin as a partner who had worked in the company since the early 70s.

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Under Lavin Sheldon who worked as the company’s investment consultant, OSI Industries continued to expand its business in many ways. A notable growth was the opening of a branch at Western Jordan, Utah in Chicago. In the late 1970’s and early 1980’s, the company set up more offices in North America. The company entered Germany in 1978 and later Spain in 1980 making it a multinational corporation. The company’s diversification internationally and the ability of Sheldon to successfully negotiate in significant deals contributed to his appointment as the Chairman and the Chief Executive Officer. His experience in the banking sector as a top executive and investment would add to the company’s future growth. The significant increase of OSI Industries continue to date, and in 2016, it was ranked 58th in the Forbes lists of largest privately owned companies having made sales worth over $ 6.5 billion.

Learn more about OSI Industries: https://www.payscale.com/research/US/Employer=OSI_Industries_LLC/Hourly_Rate

Deirdre Baggot Shares How She Transitioned Into A Consultant Role In The Healthcare Industry

Deirdre Baggot, Ph.D., MBA, BSN, has worked in the healthcare industry as both a clinician and executive. She was one of the earliest supporters of bundled payment systems which are replacing traditional ways of billing patients for services rendered. The goal is to improve patient care, reduce the number of unnecessary tests, among other improvements, while allowing health care providers to still tend to their bottom line needs. She has helped over 200 healthcare providers reform their billing methods to one of the bundled payment systems. Read more about Deirdre Baggot on crunchbase

She has also written over 20 papers about bundled payment systems, healthcare reform, and how payments in the healthcare industry are being brought into the 21st century. She has also been brought in for her expertise on these subjects on nationally syndicated PBS shows including Planet Money, the Morning Edition, and All Things Considered. For a decade Deirdre Baggot was one of Northwestern Memorial Hospital’s senior leaders and she served a similar role at the University of Michigan Health System.

She spent the first decade of her career working in academic healthcare. Her chief executive officer at the time had decided to become a consultant instead and discussed her joining him in this endeavor. She decided to make this leap of faith and joined The Camden Group. While at this firm she thought up and designed a consulting practice that would provide her healthcare industry clients with a value-based reimbursement system.

When Deirdre Baggot first became a consultant she was unsure whether or not she would actually be any good at it. She didn’t have any experience and felt pretty raw. However, she says the team she was with was very good and experienced. They brought her up to speed to where she felt comfortable in this role. The person who had been her CEO also introduced her to several of his clients which helped to get the ball rolling.

Learn more: http://www.acc.org/latest-in-cardiology/articles/2016/09/22/15/15/business-consult

 

Bumble’s Founder Whitney Wolfe

Whitney Wolfe is only 29 years old, but she is the founder of Bumble, an app that is worth over $230 million. On this app, users can swipe right to find love, friendships, or a new career. The app’s closest rival is Tinder, another “swipe right” to find love app. Wolfe was a co-founder of Tinder until she left the company in 2014 due to sexual harassment allegations against former boyfriend and co-founder, Justin Mateen; the issue was settled for $1 million. This led to her idea for a dating app where the woman was in charge. Connect with Whitney Wolfe by visiting her linkedin account.

The idea for Bumble came after numerous meetings with billionaire Andrey Andreev. He liked her charisma and insisted she stayed in the dating app business. They took the idea that women should ask men first and put it into the app. The women message the men first and if the woman doesn’t send a message within the first 24 hours of being matched, it disappears. Whitney Wolfe believes that women should feel empowered, even when trying to date

Andreev put $10 million into the idea and took away 79% share while Wolfe put in her advertising expertise and received 20% of the company. Bumble debut in 2014 and earned 100,000 downloads in the first month. Currently, the app has over 35 million users.

Whitney Wolfe also recently put ads in papers like the Wall Street Journal and the New York Times that had one message: Believe Women. This message is meant as a reminder that women are frequently looked at as less than a man and that they should be believed, respected, and honored, just as much as men are.

Whitney Wolfe has found love herself and she wed in 2017 to an entrepreneur named Michael Herd whom she met in Colorado on a skiing trip. He proposed two years later at his family’s ranch after they went on a horseback ride and they held their reception in picturesque Positano, Italy.


Learn more: https://www.forbes.com/sites/samanthasharf/2018/09/30/bumbles-whitney-wolfe-herd-speaks-out-on-believe-women-ad/#6c2ff3927308

 

Paul Mampilly encourages investments in small technology companies

Paul Mampilly is an investor and an author of investment materials through the Banyan Hill Publishing. He is one of the people who has been generous with information relating to investments. He has committed his life to help the average American investor who does not have the expertise to make correct investment decisions. He is the author of the Profits Unlimited newsletter and others. He is a passionate investor who is interested in helping people who have no way of creating wealth through investments. He wants the average investor to trade like a professional. He left Wall Street so that he could concentrate on educating average investors.

Paul Mampilly loves investing in technology stocks and ion companies which are considered too small. While a majority of investors go for the biggest corporations in the country, Mampilly looks for startups which have huge potential to make a breakthrough. He believes these are the companies which offer the best investment opportunity to the average investor since the margin of gain is huge. He has been very good at spotting opportunities in this field, and this is the reason he has impressed so many people who follow him. He also surprises fellow with his experts analysis since he can pick investment opportunities that they never anticipated.

Paul Mampilly has been advising the investors to look for opportunities in technology stocks, for instance, he has been talking about the Internet of Things and the Blockchain technologies. Both will create excellent opportunities for investors who will be keen to understand what they are all about. Semiconductors companies will be making a killing once chips that utilize blockchain technology will start being produced. Paul Mampilly thinks that the best thing for investors to do now is looking for small companies that deal with semiconductors and invest in them. The IoT technology will bring opportunities in the fields of robotics and computing. Companies which are utilizing IoT form good investment opportunities.Paul Mampilly is determined to see the average investor succeed. He has been a hedge fund manager in the Wall Street and therefore well versed with the industry.

“Freedom Checks”: A Tax-Free Way To Outstanding Profits

Even with all the regulation to protect investors, the financial world has had its share of fraud and scandals. There are also many people who claim to have a trading system with an absurd accuracy rating and one only must pay a small fee for endless riches. After trying every opportunity with no success, many investors will tend to shy away from investments with enormous profit potential. One such investment that many considered a fraud was “Freedom Checks”. Matt Badiali was the man who was relentlessly promoting this investment opportunity and after a while, it finally caught on that this was a legitimate way to make fantastic gains in the market. It is unfortunate that many people who heard about this investment probably decided not to research “Freedom Checks” and discover why they have the potential to be huge gainers for investors.

Matt Badiali is a financial advisor who specializes in natural resource stocks due to his background as a geologist. Upon stepping into the world of finance, he learned that the companies that paid Freedom Checks to their investors were “Master Limited Partnerships”. He learned that the federal government did not require these companies to pay federal income taxes if they paid ninety percent of their profits to their shareholders. Shareholders can earn a higher distribution from MLPs than they can from other dividend-paying stocks. Also, an investor does not have to pay taxes on the “Freedom Checks” they receive.

Matt Badiali is predicting good times for MLPs and investors wise enough to take advantage of the gains they can make from these companies. Many MLPs are oil and gas related companies and Mr. Badiali believes that the current trend for energy independence in the US will only drive the profits of these companies higher, which will result in higher payouts for shareholders. This will also mean higher share prices for the MLPs, meaning that the investor will profit from stock appreciation as well. Investors should understand that “Freedom Checks” are not a government program. There are hundreds of companies that meet the criteria to be classified an MLP and they are listed on the major stock exchanges.

Ted Bauman: The True Simplicity of Wealth Preservation

Ted Bauman is a man whose life experiences have led him to believe that society should take care of those who lack the advantages of the elite. At a young age, he worked physically hard at entry-level jobs. These humble jobs would instill in him a true respect for those who lived paycheck to paycheck. As a young man, he went out to see the world. He did work for Habitat for Humanity in Central America. He would earn his Economics degree while studying in South Africa. In his professional career, he worked in many nonprofit organizations and took leadership roles in housing projects for the poor. After many years of building his resume all over the world, he returned to the United States and is currently a contributor for Banyan Hill Publishing.

Ted Bauman is an expert in wealth preservation a low-risk investing. He believes in a level playing field where it is not only the savviest investors who can do well for themselves. One piece of investing advice he gives is that investors should not shy away from bonds. Many people will go straight to putting their money in stocks, avoiding bonds altogether. This is because many people don’t understand how bonds work. Ted Bauman points out that in times of market turmoil bonds are a cushion in a financial portfolio and that there should be a proper weighting between bonds and stocks. Bonds pay interest and can provide an individual with an income stream.

Ted Bauman is also a believer in keeping a portion of one’s assets out of the reach of a financial institution. He wrote an article about a relative who had kept assets outside the banking system. Although his relatives’ assets were safe, he did believe his relatives’ wealth was vulnerable in a disaster and provided common sense advice for individuals to safeguard their wealth. He says an individual should have a fireproof and waterproof lockbox at home and keep a small percentage of their liquid assets there. He then points out that the very safest thing to do is to store a good portion of wealth in independent vaults that don’t have reporting requirements.

https://www.crunchbase.com/person/ted-bauman

HOW SHELDON LAVIN BECAME THE CEO OF OSI GROUP

Sheldon Lavin is the Ceo of OSI group this was propelled by his humble beginning of the world largest food company. The following are some of the factors that enabled him to emerge the CEO of OSI group.

The development of OSI groups: The group was started by two brothers who used to supply hamburger to McDonald.Later in the 1970s, Sheldon Lavin joined the two brothers and greatly contributed to engaging in the global market and this resulted in an expansion of the company to other countries like Germany, Spain, Brazil. Sheldon Lavin was aggressive to ensure that the company was growing and he also added poultry operations in other areas of the world. Sheldon pushed on OSI group to achieve development demand by extending the company to America and Japan. In Japan, he opened a beef processing company.

Collaboration with the United Kingdom: OSI group collaborated with the United Kingdom which stretched out the supply of beef all over Europe. The OSI group was able to hit their target and it became beneficial to them to expand the company. This collaboration assisted Sheldon to achieve the success of the OSI Group in many countries. Sheldon Lavin as the CEO of OSI group was able to acquire Tyson production firm which was an advantage to OSI group and contributed to the growth of OSI group in large extent. Sheldon continued to acquire more plants like Baho firm which dealt with meat production in Netherlands and food production, He also acquired slaughterhouse in Germany which increased the meat demand. Through this acquisition, it contributed to the growth of OSI Group.

Sheldon Lavin joined OSI group with his previously gained experience and skills from banking sector.H e became successful in taking OSI group to another level. In 1970 Sheldon was able to get half of the shares of the company after the other brothers decided to sell the shares to him. Sheldon, later on, gained 100 percent of the company after the retirement of one of the brother. Sheldon continued to expand his company to another level. He added 20000 employees all over the world he is very contented despite the challenges he faces like language differences oceans and distances. Sheldon still holds on maintaining the culture of the company. At his age of 85 years old, Sheldon he has no plans to relent and he is very focused and committed to fighting environmental hinderances.

 

Wes Edens Has High Affinity For Under-Dog Assets

Wes Edens is one of the co-founders of Fortress Investment Group, an asset management firm that has its head office located in New York City but has expanded to offer its products and services in other parts of the world. Being one of the executive members, Edens has played a vital role in the expansion of the company by ensuring that he advises the company on when to invest and when not to commit funds in various investment opportunities. Wes Edens has been tasked with conducting the market survey about various assets and how the company can invest to maximize its output both in the short term and long term. Given that he has a high affinity for underdogs, Edens has been advising the organization to invest in those investment opportunities that other investors are likely to be turning away from. For example, Edens advised the company to invest in alternative assets that are currently being disposed of by other organizations.

The assets are of low value, and the company can acquire such assets at discounted rates. It is also assumed that Wes Edens is the one who advised Fortress Investment Group to invest in building a rail network in one of the cities in an age where companies are manufacturing self-driven cars. It looks funny that a company can be committing funds to build a common rail network while other investment companies are building Hyperloop and other massive infrastructure projects in the country. It is through these risky decisions that Fortress Investment Group has been able to accumulate large amounts of assets. The company later sold all the alternative assets at higher prices when the demand for such assets changed.

The company gained higher returns by selling such assets to the companies that were willing to part with vast amounts of money. Edens has proved to be a shrewd investor when investing in such risky assets. Wes Edens has also been quite instrumental in the participation in philanthropy. Despite being a billionaire, Wes understands that the underprivileged individuals can also get to the same position given the required support and guidance. With this understanding, he ensures that he assists these families by providing education funding to their children in the quest for a bright future for the families. He also assists the families by providing them with the basic needs that they require to survive in their conditions. This encourages them and gives them hope for life.

Wes Edens Bio

Wes Edens is the co-founder of Fortress Investment. He serves as the company’s Chief Investment Officer investing in transportation, infrastructure, real estate, healthcare, financial services, and media. He is also the president of private equity, private and principle Chief Investment Officer, head of private equity, co-chairman, and Co-Chief Executive Officer. Wes Edens co-founded Fortress Investment in 1998. He had served as a partner at BlackRock Financial Management. He was also the managing director of the company. Even before that he was a partner and managing director at Lehman Brothers. He helped Fortress to buy Springfield financial Services. By 2015 the company had a value of $3.5 billion in assets. Fortress also bought Centex Home Equity.

The company later changed its name to Nationstar Mortgage where Wes Edens serves as the chairman. He started at Oregon State University where he graduated with a degree in business administration and finance. Fortress Investment has been a trendsetter since the time it was formed. This has been shown by its Initial Public Offering (IPO) in 2007. At this time it was the first private equity firm to go public on the New York Stock Exchange. The company directs over $43 billion in assets for hedge funds, permanent capital vehicles, and private equity. The company has its headquarters in New York where it employs over 900 employees. Currently, the company has three principals who are, Wes Edens (current principal), Rob Kauffman (who is retired) and Randal Nardone (current principal). Together the co-founders have put in a lot of time and experience into the success of the company.

The core areas of expertise that Fortress Investment Group specializes in include:

  • Asset-based investing
  • Operations management
  • Corporate mergers and acquisitions
  • Capital markets
  • Sector-specific knowledge of companies and institutions

Its asset investments through credit funds and private equity are made of financial vehicles, capital, and real estate. The company has a lot of expertise in managing financial and physical assets, financing, owning, and pricing. Fortress has created tools that have enabled it to excel in evaluating strategic, structural and operational facts. The company has more expertise than any than any other in acquisition and mergers.

Dick DeVos proves that so-called scholastic achievement gap is bridgeable

One of the starkest problems that has confronted American public education for the last 60 years has been the seemingly intractable achievement gap. This concept denotes the difference in scholastic performance between rich, primarily white suburban schools and poor, primarily minority urban schools. This manifests across many different metrics, the most well-cited of which is standardized testing like the MEAP, ACT and SAT tests.

 

While a potpourri of explanations have been offered to explain why the longstanding achievement gap persists, no one has ever been able to devise anything resembling an adequate solution. At least this is the narrative that public education bureaucrats would have us believe. The truth, however, is that the achievement gap has been slammed closed by a number of highly innovative figures in the education sector. One of those figures is Dick DeVos.

 

DeVos is the quintessential education outsider. He is a successful entrepreneur, sometimes politician and philanthropist who developed an early interest in education. As a lifelong benefactor to local schools throughout his hometown of Grand Rapids, Michigan, DeVos recalls taking a tour through one of the inner-city schools in his area. He was shocked by the vast disparities that existed between that ghetto school and the one that his kids attended. Even though this was part of the same public-school system, the urban school was woefully lacking in such basic features as student safety, quite learning environments and minimally decent infrastructure. This was one of the events that opened DeVos’ eyes to the huge disparities that exist within America’s education system.

 

His interest piqued, DeVos began researching alternative ways to help kids reach their educational goals. As a lifelong successful entrepreneur, DeVos believed strongly in free-market principles. He eventually came across a new model of education called charter schools. As DeVos read up on this model, he realized that they could be used not just for educating the scions of the ultra-rich but also for educating some of America’s most neglected kids.

 

He put his ideas into practice with the creation of the Detroit New Urban Learning School. Almost immediately upon opening, the school began to badly decimate the arguments that it was bad students who were responsible for the persistence of the achievement gap. DeVos’ school recruited from some of the worst neighborhoods in Detroit. Yet the school routinely produced standardized test scores that rivaled some of the richest districts in the state.

 

To learn more, visit http://www.dbdvfoundation.org/.

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