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