Tom Rosen
Helped grow a small family livestock and beef processing business into Rosen’s Diversified, which later moved into trucking and chemicals.
- Industry
- Beef processing, agriculture
- Country
- United States
- Format
- Video interview
- Interviewer
- Bryan Sweet
- Source
- Billionaires.com interview
Watch the Interview
About Tom Rosen
Tom Rosen is a billionaire known for his work in livestock and beef processing. He helped turn a small local family business into a nationally diversified enterprise. Over time, the family business grew into trucking and chemicals. The company is known as Rosen's Diversified. Tom sat down with Bryan Sweet, co-founder of Billionaires.com, for the 100 Billionaire Interview Series. In this fireside chat, Tom answered three questions. He spoke about his biggest turning points. He shared the most valuable strategy he learned. He also talked about the most costly mistakes to avoid. He explained how he bought when markets fell and how he stays careful with money. He shared why he moves on from businesses that do not work. He also spoke about the value of having good people in place.
What They Shared in the Interview
In Their Words
“I did a lot of buying at that time and picked up a substantial profit.”
“You can’t buy everything you want. You’ve got to be a little conservative in what you buy.”
“One of the things I learned is if something is bad and it doesn’t get better, it never does. So I dump them. I don’t fall in love with anything.”
“When it’s bad, you must get rid of it.”
“But it’s all about you got to have good people when you put them in there.”
FAQs
What industries is Tom Rosen known for?
Tom Rosen is known for livestock and beef processing. His family business also grew into trucking and chemicals.
What was a major turning point for Tom Rosen?
There were times when the stock market almost collapsed. Tom bought a lot during those times and made a substantial profit.
How does Tom Rosen decide when to exit a business?
Tom said no single thing marks the moment. The first sign is often that the people are not right. Another sign is when more effort and more money do not fix it.
