By his own admission, Ron Lovett was a juvenile delinquent and a troublemaker on the wrong track in his early life, but also a born entrepreneur.
His first business was selling weed. He also has had to learn to deal with both ADHD and dyslexia.
In his first book, “Outrageous Empowerment”, he outlines his management philosophy that is based on employee empowerment, a philosophy that helped him grow Source Security to one of Canada’s largest security firms from Halifax with more than 1,500 full-time employees.
His personal experience providing executive protection is discussed in the podcast, including an interesting experience with Ringo Starr.
After growing his revenues to more than $10 million annually, he sold his business to Pavion in 2023, a large US-based technology and systems integration company.
After selling Source Security, Lovett started VIDA (formerly VIDA Living) and has since developed a portfolio of 190 buildings with nearly 3,000 affordable rental units, employing a new model of offering quality housing at reasonable cost.
Lovett is in the process of raising $300 million to grow the number of units to 10,000. His innovative approach to this sector is turning heads.
This is a great story and worth a listen.