As a child, Ron Lovett earned money any way he could – shoveling snow, managing three paper routes and giving five dollar haircuts to friends. At the age of 22, he started Source Security & Investigations to offer security services to nightclubs, and for events. Eight years later, the company now employs 450 licensed guards across Canada and its credentials include Canadian Idol and The Rolling Stones.
When I was a kid, I frequently went looking for discarded scratch-and-win tickets. Once a week, I’d find one that someone didn’t check properly and I’d make $20. That was the big money maker of the day.
I have always been an entrepreneur; some might say a serial entrepreneur. I was involved in a variety of businesses and had no financing to do it. I learned a valuable lesson: it’s great to have 10 businesses, but if you can’t devote the time and attention to run them all, you’re sure to fail.
Interviewed by Mark Surrette, president, Knightsbridge Robertson Surrette – Atlantic Canada’s leading recruitment and human resource consulting firm. Leader’s Insight conversations are published in each issue of Atlantic Business Magazine.