Ingvar Kampard example essay topic

Ingvar Kampard, founder of IKEA (International Furniture Company with current annual 12 billion USD overturn of sales) and one of the wealthiest men on earth, is a classical example of Swedish businessmen. He is a world known innovator and creator of numerous ideas in designing and distributing of furniture. Personal influence of Kampard on whole the structure of IKEA Empire resulted in huge success of its performance at the market. Besides, IKEA has never been corporate property; it is controlled by Kampard family and expands to new markets at the expense of self-financing and brilliant strategies of its architect. Biographers of Ingvar Kampard suppose that a knack for doing commerce was inherited by him from his grandparents. Future millionaire was born on the 30th of March, 1926, in a little Swedish city Piatteruid.

The family was, actually, of German origin, they were related to Paul von Hindenburg. In the 80's of XIX century the Kampard moved from Sudeten Germany to Smalandia province of Southern Sweden in order to find better life. Ingvars grandfather organized a little enterprise, but in 1897 it was on the verge of bankruptcy and, being not able to pay the bills, old Kampard committed suicide. But his wife, Ingvars beloved grandmother, who had been left with three children on her arms, managed to recover the business and went on making a living with commerce and farming. A woman with strong will and mind, grandmother had a great influence with Ingvar, because she made him learn how to overcome tough circumstances with the power of strength of character, will and hard work. Years of the early childhood of Ingvar were spent on a farm called Elmtaryd, located next to the small village of Agunnaryd.

Residents of Smalandia province are known as extremely hardworking, energetic and smart, but also they are famous with their incredible greediness and abilities to do good economy in everything. So, commercial talents and entrepreneur potentialities of the young boy have been forming and developing on very proper pragmatic backgrounds. When Ingvar was hardly 5, he gained his first experience in business. He realized that he could sell a pack of 100 boxes of matches, which his uncle brought from Stockholm's market, box by box, by good price with a little profit for himself, which could be reinvested later on. In primary school he used to buy some amounts of matchboxes, pencils or other stationary items by wholesale price and resell them to his class mates three or five times more expensive. It is remarkable, that his own grandma was among his first and the most active customers.

After her death dozens and dozens of never-used pens, pencils, erasers, pencil sharpeners and matchboxes were found packed in her suitcases.