Leadership Lesson by Ingvar Kamprad- Billionaire Founder of the IKEA

Written by on July 16, 2018

Leadership Lesson by Ingvar Kamprad-Billionaire Founder of the IKEA

  • You can do so much in 10 minutes time. Ten minutes, once gone, are gone for good… Divide your life into 10 minute units and sacrifice as few of them as possible in meaningless activity.
  • I’m not afraid of turning 80 and I have lot of things to do. I don’t have time for dying.
  • If there is such a thing as good leadership, it is to give a good example. I have to do so for all the IKEA employees.
  • Only those who are asleep make no mistakes.
  • Simplicity and common sense should characterize planning and strategic direction.
  • To design a desk which may cost $ 1,000 is easy for a furniture designer, but to design a functional and good desk which shall cost $50 can only be done by the very best.
  • What is good for our customers is also, in the long run, good for us.
  • How the hell can I ask people who work for me to travel cheaply if I am traveling in luxury? It’s a question of good leadership.
  • It is better to be a bit stingy than throw money out of the window.
  • Happiness is not reaching your goal. Happiness is being on the way. It is our wonderful fate to be just at the beginning.
  • Making mistakes is the privilege of the active. It is always the mediocre people who are negative, who spend their time proving that they were not wrong.


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