Wednesday, January 31, 2018

What I learned from Ingvar Kamprad?

First, who is Ingvar Kamprad?


Well, he was the richest Swedish Selfmade Billionaire and one of the richest man in Europe with net worth more than $30 million. 

Ingvar Kamprad just passed away at age 91 two days ago.

These are the reasons he is one of the greatest entrepreneur in the world. 

#1   Small Country -- Sweden is a small country in population, with about 10 million people


He built a global empire and was Furniture King of the World. 

If you have visited an IKEA you know the scale and innovation

#2  Small Education -- Ingvar Kamprad never went to high school. 

To me, he is small education, big billionaire 

#3  He is an inventor who beat Thomas Edison in furniture 

Ingvar Kamprad invented folded tables and folded furniture.



Thomas Edison thought of mass producing furniture and shipping them.  Unfortunately Edison's idea was not folded furniture but concrete furniture (from molding) 


In retrospect, it is easy to see how Thomas Edison failed and how Ingvar Kamprad succeeded


What I learned the Most from Ingvar Kamprad?

LESS IS MORE 
For Furniture 
For Life

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