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Quote by Ingvar Kamprad

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Ingvar Kamprad
Ingvar Kamprad

Swedish entrepreneur and the founder of IKEA. Born on March 30, 1926, in Palling, Sweden, Ingvar Kamprad demonstrated a keen interest in business from a young age. Through the creation of IKEA, he revolutionized the retail of home furnishings, having a profound impact on the modern home industry. more

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“I'm a bit tight with money, but so what? I look at the money I'm about to spend on myself and ask myself if IKEA's customers can afford it... I could regularly travel first class, but having money in abundance doesn't seem like a good reason to waste it.. 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.”

“To do the right thing, at the right time, in the right way; to do some things better than they were ever done before; to eliminate errors; to know both sides of the question; to be courteous; to be an example; to work for the love of work; to anticipate requirements; to develop resources; to recognize no impediments; to master circumstances; to act from reason rather than rule; to be satisfied with nothing short of perfection.”

“You will deal with ignorant, opinionated and innocent people. You will often have an opportunity to cheat them. If they could, they would cheat you, or force you to sell at less than cost. You must be wise, but not too wise. You must never actually cheat the customer, even if you can. You must make her happy and satisfied, so she will come back.”