The Founder of IKEA is the Master of Frugal Innovation
Destination Innovation
FEBRUARY 27, 2016
Ingvar Feodor Kamprad was born in 1926 on a small farm in the Swedish province of Småland. He had an austere upbringing and the lessons he learnt in thrift stayed with him throughout his life. At the age of six the boy started a business selling matches to neighbours. He bought the matches in bulk and sold them in small inexpensive packs. He went on to sell seeds, pens, pencils and even fish in this way.
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