
“Kamprad began to develop a business as a young boy, selling matches to neighbors from 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 selling fish, Christmas tree decorations, seeds, and later ballpoint pens and pencils. When Kamprad was 17, his father gave him a cash reward for succeeding in his studies. IKEA was founded in 1943 at Kamprad’s uncle Ernst’s kitchen table. In 1948, Kamprad diversified his portfolio, adding furniture. His business was mostly mail order.”
http://en.wikipedia.org/wiki/Ingvar_Kamprad
Related posts:
Your IRA or LLC Can Own Offshore Gold Today, Now With Direct Deposit
Bitcoin: A Primer for Policymakers
Data Encryption Standard - NSA's involvement in the design (Wikipedia)
History of the Internet (Wikipedia)
Interactive map of which countries exchange tax information
U.S. financial aid to Pakistan since the September 11, 2001 attacks
About Patients Beyond Borders
Top 10 Busiest Airports in the World
Precious Metals: How To Avoid US Surveillance And Confiscation
Kathryn Johnston shooting - Wikipedia
Foreclosure Laws and Procedures By State
Get My FBI File (Because If You Don't Ask, You'll Never Know)
Stars Earn Stripes - Wikipedia
Nacht und Nebel (Wikipedia)
How to open your home to a Refugee Youth today