Longstanding Port-of-Spain businessman Jimmy Charles Aboud, who was the father of Gregory Aboud, head of the Downtown Owners and Merchants Association, passed away yesterday.
In a statement, Gregory Aboud said his father passed away in the early hours of the morning."Mr Aboud had been admitted to the Cardiac Care Unit of the University of Miami Hospital for an emergency valve replacement procedure that was specific to his condition and available in only a few centres in the United States. He survived the surgery, but became complicated with varying issues related to his advanced age. He finally succumbed peacefully with his family around him this morning."
He was 87. He was also the father of High Court judge James Aboud, and general secretary of Fishermen and Friends of the Sea Gary Aboud.The businessman, who owned the iconic Jimmy Aboud fabric store, and who called himself The Textile King, at the corner of Queen and Henry Streets, Port-of-Spain, established his business in a single doorway rental shop on Charlotte Street in September 1949 with a $50 overdraft from Barclays Bank."He became one of the first clients of The Bank of Nova Scotia who increased his overdraft to $500 after they visited his shop and liked his ambition and enthusiasm. He took example from the successful merchants of the day and would always try to see what he could learn from them, eventually deciding that the path to success meant emulating successful people, working harder than your competitors, making sure that every transaction benefited both the buyer and the seller, always taking personal responsibility for his failures and attributing the success of others to their performance being superior to his."
Steve Samaroo, managing director of Samaroo's on Abercromby Street, Port-of-Spain, yesterday told the Guardian that Aboud's passing was a great loss to the local business community."It is sad as he was a big businessman in this city. He contributed a lot to the business community. Our condolences to his family."Samaroo said that to some extent, there were people in today's society with Aboud's work ethic, but the world is different to the one in which Aboud started off his business."You must remember in today's world, with all the technological changes, it is a different type of business environment as opposed to the old days where people like Aboud used to sell in the countryside from a van. Some still do it, but now we have Web sites and new technologies to assist business owners," he said.
Samaroo said the Samaroo Group was an example of a modern business that carries on the work ethic that Aboud believed in and lived by."I still do it. I work from early in the morning to late at nights. It is not easy, but success does not come easy but through hard work and Mr Aboud was a hard worker."Abrahim Ali, former president of the San Juan Business Association, said T&T has lost an influential businessman and the San Juan Business Association extends its condolences to his family."We are all saddened by his death. Not only did he contribute to the business community, but he stood up for national issues like the fight against crime and the people of Laventille. He was very vocal for the Port-of-Spain business community," he said.Ali is confident that Gregory Aboud would continue his father's legacy."My friend Gregory Aboud is continuing his father's work as he has pioneered the cause of the business community," he said.