Lord developed many business interests in the colony, and became one of Sydney's wealthiest men.
His first known business venture was to run a drinking house, and he purchased a license for it in 1798 for £5, after his sentence had expired.
The drinking house was documented as being called "The Swan", but when he renewed the license, for a further £5 in 1799, the name was documented as being The Black Swan.
Simeon also signed as surety on James Squire's establishment called The Malting Shovel in 1799.
In 1801 it was reported that "Simeon Lord sells rum at 32/- a gallon" ... "these are Governor Kings regulations for the benefit of the Colony while American ships who would be glad to sell their liquor at 5/-, 6/- or 7/- per G. are turned away!".
With help from the government like this, it is no wonder that Lord prospered.
In a few years Lord had established a general merchandise and agency business, and in 1800 with a partner purchased a brig the Anna Josepha.
He also became an auctioneer and prospered, a return made in 1804 said that the "estimated value of commercial articles imported from abroad in the hands of Simeon Lord and other dealers was £15,000".
Though his position was not comparable with that of Robert Campbell, it is clear that already he was one of the leading merchants of Sydney.
His business was on the site of the corner of Bridge Street and Macquarie Place.
In 1807 Governor William Bligh spoke adversely about his business dealings with the masters of ships, and Judge Field several years later spoke in a similar way.
Aspersions of this kind against members of the emancipist class at this period must, however, be accepted with caution.
No doubt Lord was a keen business man well able to look after his own interests, but he also had enterprise and courage, valuable qualities in the developing colony.