Saturday 5 October 2013

Role Model of Entrepreneur


        Ingvar Feodor Kamprad

        Ingvar Feodor Kamprad was born in the south of Sweden in 1926 and raised on a farm called Elmtaryd, near the small village of Agunnaryd. He is a Swedish business magnate. He is the founder of IKEA, a retail company specializing in furniture. He began with two empty hands but has become one of the richest people in the world. 




       Early Life

Ingvar Kamprad began his entrepreneurial career as a young boy at the age of five. He sold matches to neighbours by his bicycle. He found that he could buy matches in bulk very cheaply from Stockholm, sell them individually at a low price and still make a good profit. From matches, he expanded to sell fish, Christmas tree decorations, seeds and later ball-point pens and pencils.

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