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Ingvar
Kamprad
Ingvar Kamprad, Founder Of IKEA.
Ingvar Kamprad started with two empty hands to become one of the richest people on planet “EARTH”
As the founder of furniture retail store–
What Is IKEA ?
• Ikea is multinational group of companies that design and sells ready-to-assemble furniture's, appliances, and home
accessories.
• More Facts to come
History
Born in 30 March 1926
Small farm called Elmtaryd, near village Agunnaryd, in Sweden.
His parental grandfather was from Germany and shifted to Sweden.
Changing Words
His father got angry• Slept late in the morning.
Told Ingvar Kamprad “ He cannot make anything of himself in his life”
“Time is the most important resource, you can do so much in 10 minutes, 10 minutes gone are gone for good”
After Effects
• Kamprad got himself an alarm clock Removed snooze button
• Woke up at 6 AM daily• He made his father proud
• Kamprad past 85,
Travels to different IKEA store In Economy ClassDrives 13 year old VolvoPublic TransportationNo private office
Lifestyle
How it all started ?
Kamprad started young Sold matches on his bicycle
At low cost And high profits
From matches expanded to seeds, ball point pens, pencils, Christmas tree decoration
Expanding
1943, got cash reward
1945,milk trucks for delivery
1948,adding furniture
1955,boycott from manufacturer
His Greatest MistakeMistakes
• Kamprad attended some pro-Nazi meetings.
• When this was uncovered in 1994, Kamprad said, "This is part of my life I bitterly regret.
• In a letter to employees titled "The Greatest Mistake of My Life", he asked forgiveness, and he devoted two chapters to it in his 1998 book, The History of IKEA.
• In an interview after its publication, he said, "Now I have told all I can. Can one ever get forgiveness for such stupidity?"
Frugality and Charity
• IKEA has a long tradition of community outreach and philanthropy
• Each store encouraged
Support local causesInternational sponsorship of UNICEF and others.
Thank You