- Early Start Shapes journey
- College Dropout Turns Founder
- Smart Work Drives Growth
- Idea Over Experience
Article Today, Hyderabad:
At just 24, American entrepreneur Oscar Rachmansky has demonstrated that business success depends more on clarity of thought than years of experience. While many of his peers pursued formal education, he chose to focus on building a sports footwear business. Within five years, that decision resulted in an annual turnover of about Rs.340 crore, making his story a point of discussion among young entrepreneurs.
Early Business Instinct
Raised in New Jersey, Oscar showed an interest in business from a very young age. At the age of four, he ran a small sunflower seed stall while other children engaged in casual activities. His father worked in real estate, and his mother managed the household. Coming from a middle-class background, he closely observed his surroundings and developed an early understanding of trade and customer behaviour.
Turning Away from College
After completing high school, Oscar enrolled at McGill University in Montreal. However, within a month, he realised that conventional education did not align with his ambitions. Using personal savings of nearly Rs.25 lakh, he expanded his small footwear trading activity. By the end of his first year, he dropped out of college and entered business full time. In 2019, before turning 20, he founded the OS Group.
Opportunity in Disruption
The COVID-19 pandemic disrupted global supply chains and reduced footwear production. As prices rose and retailers struggled to source products, Oscar identified a gap in the wholesale market. Using his growing supplier network, he ensured steady availability of sports shoes. Meanwhile, he reinvested all available capital into the business, taking calculated risks during a period of uncertainty.
Modest Beginnings
In its early phase, the company operated without a formal office. Empty shoe boxes were used to create makeshift workspaces. Oscar worked alongside his first employee for long hours, often packing boxes himself. Therefore, his hands-on involvement became a defining feature of the company’s work culture.
Rapid Revenue Growth
By 2025, OS Group recorded revenues of nearly 40 million dollars, equivalent to about Rs.340 crore. The company now supplies around 25,000 products every month from a large warehouse in New Jersey. It has emerged as a key wholesale hub for major brands such as Nike and Adidas in the sports footwear segment.
Expansion Plans
Oscar does not intend to limit his business to footwear alone. He plans to expand OS Group into a broader business services platform, offering financing and software solutions to other companies. In addition, he has begun delegating operational responsibilities to focus on strategy and global travel.
Message to Youth
Reflecting on his journey, Oscar emphasises that smart decision-making matters more than long working hours. He believes adaptability and awareness of market gaps are essential for long-term success. His rise from a small trading setup to a high-revenue enterprise continues to inspire young entrepreneurs across the world.
