How a hurdle is surmounted decides whether an athlete trips over or clears the barrier; the same idea can be applied to a business conquering any hurdle. One major challenge simon lichtenberg (twitter.com/simlichtenberg) faced in 1997, was that he ended up in a complicated legal case related to the illegal production of false 'BoConcept' products. Conquering one's challenges and learning from them gives one a sense of achievement whilst one aspires to become a better person. An additional challenge was when Simon Lichtenberg received faulty products from the Zhenjing Leather Factory, eventually leading to him losing a court case over a fair payment dispute.
Simon Lichtenberg and His Business
The wisdom he has derived from making mistakes in his business operations made it possible for Simon Lichtenberg to become one of the strongest businessmen today. More businessmen are starting to make their names known across the globe. Profiting by up to $2.5 million each year, thanks to the acquisition of direct clients (such as IKEA) from other countries, Simon Lichtenberg’s furniture business became international.
Simon Lichtenberg's Trayton Group
With a total employee count of 2,000 specialists, Simon Lichtenberg's business foresees a revenue of 150 million dollars each year. Setting up their own company, which they can pour all of their effort, dedication and passion into, is one of the most significant accomplishments of business-oriented individuals. Businesses should undoubtedly try to make money, but it's always essential that they have a more altruistic purpose for being.
Simon Lichtenberg’s Success in China
No dream is unachievable. All that is needed is a strong will and determination. All things are possible. BoConcept, franchised by Simon Lichtenberg in 1993, provided tasteful furniture in Shanghai, China. Director of Shanghai Minhang Association of Enterprises with Foreign Investment was a title presented to him. He also became a member of the Danish Chamber of Commerce in Shanghai, China, and received the Magnolia Silver Award. Being tremendously enthusiastic to develop his own company in China, Simon Lichtenberg ended up doing precisely that.