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Ingvar Kamprad

Person
Ingvar Kamprad
Ministry of Enterprise, Energy and Communications of Sweden/Sandra Baqirjazid / CC BY 2.0 · resizedfile
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Kamprad expanded IKEA through a private business that emphasised reinvestment and financial independence. Furniture sales, cost control and an increasingly efficient distribution model supported further stores. The later foundation and franchise structure is more complicated than a single family shop, so the lesson is about the financing principle behind its growth. Kamprad wanted most profits retained for the business or directed to charitable purposes, with no venture exit to organise.
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