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.

Like OSI Industries on Facebook

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.

Scroll To Top