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Top tips to be a success; Take Simon's lead.

Byline: By DAVID JONES

WHAT are the essential steps a person must take if he or she hopes to become a successful entrepreneur?

It's got to be one of the most commonly-asked questions in the business world.

So who is better placed than Simon Nixon, chief executive of Flintshire-based price comparison website moneysupermarket.com, to give a fewtips on that score?

Entrepreneur Mr Nixon has seen the company he helped found just seven or eight years ago grow into a market-leading financial services business before floating on the Alternative Investment Market.

He scooped a top award in the Daily Post's Achievement Wales Business Awards last year when he was named Bangor University Business Person of the Year.

He said he was happy to share with readers of Business Post a little advice to people seeking to follow in his footsteps.

"Start your journey byworking for someone else," saidMr Nixon.

"Learn the trade, gain industry expertise and identify opportunities.

Know what is going on in your area and spot trends. Identify a unique selling point. Your business must be original or better than the others in your field.

"Have an abundance of drive and stamina. Be prepared to sacrifice a big part of your life for the key first three years of your business."

The Business Person of the Year Award in this year's Achievement Wales competition is again sponsored by Bangor University.

A spokesman for Bangor University said: "Bangor University is delighted once again to be sponsoring the Business Person of the Year as part of the Daily Post Achievement Wales Business Awards for 2008.

"The university is building on its reputation for research excellence and world-class expertise with a strong commitment to collaborating with business and enterprise for the benefit of Wales. Sponsorship of this prestigious award is part of this ongoing commitment.

"Bangor has a track record in delivering high quality, award winning and innovative business support. Examples include the Management Centre, a newlylaunched pounds 14m world-class facility, Technium CAST (Centre for Advanced Software Technology), BRAN - Bangor Research Access Network - collaborative PhD studentships with local businesses, graduate placements and Knowledge Transfer Partnerships, environmental and sustainability solutions for business, graduate enterprise and new business support, specialist R&D facilities and a collaborative research and enterprise approach with Aberystwyth University."

The Achievement Wales Business Awards are the pre-eminent business awards for entrepreneurs and businesses of all sizes in North and mid Wales.

Executive sponsors of Achievement Wales are the Daily Post, HSBC Bank and the Welsh Assembly Government.

T hewinnerswill be revealed at a gala event at Venue Cymru, Llandudno, on November 28.

HOW TO ENTER

Businesses wanting to enter the Achievement Wales 2008 Business Awards can call the Daily Post's events department on 0151 472 2570 or fax 0151 236 5190 for a bilingual entry form.

Forms are also available to download at www.dailypost.co.uk/achievementwales or email achievementwales @dailypost.co.uk. Closing date for entries is September 26, 2008.

Tickets for the gala dinner and awards ceremony cost pounds 80 plus VAT. Call 0151 472 2570 to order.

CAPTION(S):

Simon Nixon, executive director of price comparison website, moneysupermarket.com
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Title Annotation:Business
Publication:Daily Post (Liverpool, England)
Date:Aug 20, 2008
Words:524
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