When Otto Kolschowsky, a German immigrant living in the United States decided that he was going to open a retail meat store in Chicago area, he had no idea that the store would grow and finally become a leader in the food production sector. Otto was planning to supply meat products to the immigrants who were living close to him. The businessman had noticed that despite the growing population in Chicago, there were very few meat suppliers in the community. Otto Kolschowsky wanted to be different from all the others in the market, and he chose to do so by supplying quality products to the residents. Decades later, everyone is very proud of the decision taken by the hard working Germany investor.
OSI Group has grown from just a simple meat store into one of the largest and most successful organizations in the entire world. The company has rebranded several times so that it can capture the attention of clients in various regions of the world. There are quite a number of challenges for the people who handle food companies. The challenges tend to increase when an organization expands and starts working in an international level. For OSI Group, these issues have been since the organization was in the initial stages.
The management of an international company plays a critical role in the amount of success an organization achieves at the end of the day. For OSI Group, the founders have always given the most important roles to personalities who understand their roles and the kind of market they are trying to invest in. When the company chose Sheldon Lavin to take the position of CEO, they knew that they were making a great decision that was only going to result into lots of profits. The company president has also been working closely with Sheldon Lavin so that they can try new markets and grow the company.
Sheldon Lavin was not always interested in OSI Group. The businessman was trained to become an economist, and this is the career path he was taking when he was offered an opportunity to join the prestigious company. With the great skills he has in finance, Sheldon Lavin has made best decisions for his company. Before the company can venture into a new country, Sheldon and his team take time to study the market and at the end of the day decide whether the company will make profits.
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Paul Herdsman is the co-founder of NICE Global living in Boca Raton. Paul Herdsman and his company focus on employee satisfaction, skills, and professional growth. Paul Herdsman is also a co-founder of Inbound Call Experts LLC that has headquarters in Boca Raton, Florida. His primary areas of interest are entrepreneurship, innovation, and technology.
Throughout his entrepreneurial journey, he has learned some skills that he shares with business persons. In this article; 12 Success Tips for Entrepreneurs From NICE Global CO-Founder Paul Herdsman, Paul Herdsman talks about the tips that entrepreneurs need to consider for them to be successful:
Having a positive attitude is paramount to the success of any business. You need to be positive in anything you do. According to Paul Herdsman, most individuals with a positive attitude are perceived to be good problem solvers. The best way to increase positivity is through acknowledging your achievements. Through this, you will be in a more dominant to register growth.
You need to have a reflection on where you need to see your business soon. Through this, you will be in a position to know the adjustments you need to do for business development. Paul Herdsman claims that vision helps you to establish your goals and outline the key steps that will help you realize them. Moreover, you will be able to assess your progress by evaluating what is making you not reach your goals. Paul adds that vision is a dominant tool in switching your mindset.
There is no way that you will become successful if you have fear to risk. To succeed, you must be ready to fail. It is nearly impossible to know the performance of a new brand without risking it to the market. Most successful firms have undertaken several risks which have resulted in ultimate success. However, it is critical to assess the nature of the threat then examine whether it’s worth risking.
Enjoy Your Business
Running an enterprise is quite complicated since it takes more of your time and energy. Ensure that you venture into a business that you enjoy pursuing. Do the things that you are passionate about and those that make you excited.
Learn from Your Mistakes
It is normal for mistakes to occur in a business. A brilliant entrepreneur never repeats the same error and works hard to achieve success from that mistake. 50% of the companies fail every year due to poor entrepreneurial skills such as repeating the same error.
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