PHILADELPHIA, PA, August 30, 2013 /24-7PressRelease/
-- Simon Close, Coventry
entrepreneur, supports a current report in The Age that shares how to determine if a professional is "cut out to be an entrepreneur." According to the article
, 30 percent of small businesses fail in their start-up. Naomi Simson, founder of online gift retailer, Red Balloon, notes that she is often asked what character traits are needed to succeed in business.
"I usually defer to businessman and entrepreneur, Jack Cowin, who puts it better than I ever could," she said. "I saw Jack present at the EY Entrepreneurs workshop, where he opened with the quote, 'An entrepreneur needs to be a cross between a microbiologist and an astronomer.' He believes that true entrepreneurs are special in that they can be both detailed and visionary." Simson asserts that excellent entrepreneurs are curious and persistent, and that they are "searching for better ways to do things, endlessly positive, focused and have exemplary people skills." While she believes many entrepreneurs are born with these traits, she says many entrepreneurial traits are learned.
Simon Close, Coventry professional, also finds that dedicated individuals can learn and become thriving entrepreneurs. "When asked what it takes to become a successful entrepreneur, I always lead into the conversation with the importance of vision," he said. "Building a company requires the ability to develop a brand, meaning, an entrepreneur must envision what this brand will look like, the kind of message they want it to convey and the way in which they want to position it on the market."
Simon Close, Coventry restaurant director of The Establishment Bar and Grill and former owner of Eden Restaurant and Bar, also points out the need to cultivate patience. "When you open a new business, of course every individual wants the experience to be successful as soon as possible. What separates successful businesses from failing ones is determined in the business owner's level of patience. Too much success too quickly is often not sustainable. Entrepreneurs need to know how to pace the growth of their business initiatives, ensuring that they are continually progressing in their work without straining their resources."
Simson adds, "Curiosity and positivity are hard things to teach - you either have them or you don't. But characteristics like focus and persistence can be learned and need to be - without them you're unlikely to make it as an entrepreneur or business owner."
The article notes that Simson attributes her success to tenacity and hard work. "It was almost three months before Red Balloon made its first sale," she said. "People used to ask me, 'when were you going to give up?' but the thought never crossed my mind. I never, ever thought that it would not work and I never contemplated throwing in the towel." Simon Close, Coventry entrepreneur, encourages aspiring business owners to sharpen their problem solving skills and to strive to be change makers.
Simon Close, Coventry
entrepreneur, is a professional who has accumulated skills in multiple industries. He is a seasoned entrepreneur who has spearheaded many initiatives. He was the former owner of Eden Restaurant and Bar, and now serves as the director of The Establishment Bar and Grill. He is also the director of Renewable Micro Solutions, an organization that supplies combined heat power technology products and services.