By franchising BoConcept in the year 1993, simon lichtenberg (Simon-lichtenberg) offered fashionable home furniture in Shanghai. Setting up an organisation in China is something that many businessmen would like to do, as the country virtually guarantees results with whatever endeavour is attempted. All things are possible, and no dream is beyond our reach. All that's called for is a powerful desire and dedication. Up to 2.5m dollars profit per year is generated by Simon Lichtenberg as a direct result of his establishing his own manufacturing factories and supplying furniture to companies within and outside of the country.
Simon Lichtenberg - Trayton Group
Simon Lichtenberg's company hires 2,000 employees and foresees a revenue of 150m dollars per annum. Every well-known establishment must not just work for income but must also possess a good reason for being. Shanghai, China, is the central headquarters for his organisation, but there are also other factories found in Zhejiang Jishan. Simon Lichtenberg's corporation (Trayton Group) has achieved a number of projects, such as setting up the Trayton Foundation, which helped to light the city of Shanghai and in the installation of rooftop solar panels in the year 2012.
Simon Lichtenberg's Difficulties and Success
Whilst leading his business, in 1997 Simon Lichtenberg came under legal pressure because of the illegal creation of counterfeit 'BoConcept' products; this was a complicated issue for him to win. Although he is now a success, his journey has not been without its bumps. He wouldn't have got where he is today without embracing the maxim: “Never give up.” After losing a legal battle concerning a payment dispute after the Zhenjing Leather Factory sold him defective products, Simon Lichtenberg was given another chance to overcome adversity. All businesses encounter ups and downs which, according to how they are managed, can lead to either triumph or failure.
Simon Lichtenberg in the World of Business
More businessmen are beginning to make their names known internationally. Getting into the furniture market naturally followed on from Simon Lichtenberg's time spent in the timber industry. Simon has remained strong despite his mistakes; he has survived and overcome obstacles to become one of the most capable businessmen today. Simon Lichtenberg’s furniture business became international as he obtained clients (such as IKEA) from around the world, profiting by up to $2.5 million each year.
Simon Lichtenberg - Educational Background
When analysing leading businessmen, it becomes observable that a respectable education and strength of character are prerequisites for their success. At Tsinghua, the Harvard Business School and CEIBS, Simon Lichtenberg completed his EMBA - or Executive MBA (the Senior Executive Program for China) in 2006. He secured his diploma in Chinese Language in 1988 at Fudan University in Shanghai. As a teenager, Simon Lichtenberg resided in Africa following his attendance at Danish Tvind educational institutions.
Terrific accomplishments are things that a brilliant business owner deserves when they have toiled relentlessly and have fully-embraced their personal qualities. As a result of the outstanding help and support that Simon Lichtenberg has given Shanghai in bettering the quality of life, he received the Magnolia Silver Award. As a businessman who has accomplished his aim of setting up his own business in the rapidly-advancing country of China, he can be deemed a man of strong will and commitment. Tsinghua, Harvard Business School & CEIBS: these are a few prominent academic institutions at which Simon Lichtenberg has studied.