
“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:
Hawala bashing: The arrogance, stupidity and futility of 'power'
How the Bitcoin protocol actually works
United States military deployments - Wikipedia
List of Printers Which Do or Do Not Display Tracking Dots
Top 10 Busiest Airports in the World
Community Charge (UK) - 1990 Opposition
Foreclosure Laws and Procedures By State
Whitfield Diffie (Wikipedia)
The Definitive History Of Bitcoin
Imperial History of the Middle East
Past, Present and Future of Customer Payments (Infographic)
Interactive map of which countries exchange tax information
Kathryn Johnston shooting - Wikipedia
S Corporations For Day Traders, Swing Traders, and Family Offices
Accredited investor - U.S. criteria - Wikipedia