Famous Entrepreneurs in Entertainment Today: Simon Cowell

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For many people, the word “entrepreneur” conjures up images of men and women in business suits, running their own companies while balancing family, leisure time and more. In reality, there are many different types of entrepreneurs including sports, entertainment and those in the arts industry. These are just a very few of the hundreds of opportunities available in entrepreneurship today. So who are some of the more famous entertainment entrepreneurs? Well, that’s easy. Think Simon Cowell, Oprah Winfrey and even Walt Disney.

Most people know Simon Cowell as the seemingly conceited and hard to please judge from “American Idol”. What many do not know is that this highly recognizable television figure is a high school drop-out and that he refers to himself as a serial entrepreneur. As a matter of fact, in 2006, Simon debuted a new television show in America known as “American Inventor,” where entrepreneurs from all over the nation would compete for one million dollars. The best idea for a new business venture would get the prize. The show ran only one season.

In both the United States and the United Kingdom, Simon is known for many more television shows, including “Pop Idol”, “The X Factor”, “Britain’s Got Talent”, and, of course, “American Idol” and the United States version of “X Factor”. He also formed his own television and music producing company known as “SYCO.” He was named as one of “The World’s 50 Most Influential Figures of 2010” by British magazine New Statesmen. He has been involved in many charities, including the support of children in the Association of Children’s Hospices, PETA and other animal rights works. Simon Cowell also released the charity single “Everybody Hurts,” which was created to offer aid to those who were victims of the Haiti earthquake that occurred in 2010.

When asked whether he felt that there was a difference between entrepreneurship in Britain and the United States, Simon stated that he felt America is harder to get into, but once you do, it is a terrific place to flourish because the people are so enthusiastic. In order to become a successful entrepreneur, Simon says that you must ‘”work hard, be patient, and be a sponge while learning your business, learn how to take criticism, follow your gut instincts, and don’t compromise.”’ (Businessweek)

Angela Kaye Mason is an online researcher, writer, and contributor at entrepreneurweek.com blog network. She may be reached at eweekcomauthor@gmail.com. Follow Angela on Twitter. Find her on Facebook .

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