It takes a lot of work and effort for a business to be successful. Today, it is easier to increase your reach and ensure that the business has the proper exposure with the help of social media and other marketing techniques.
However, there are many brands that have made a name for themselves without the help of such technological advancements during their time. The struggles these brands have faced have truly shaped them to be successful today.
Here are some of the leading multinational companies and the journey they have taken to get where they are today.
The Tata Group It was founded by Jamsetji Nusserwanji Tata in 1868. It started as a private business company. It was in 1902 that the group decided to launch the India Hotel Company to commission the Taj Mahal Palace & Tower, the first luxury hotel in India, which opened the following year.
Lee Byung-Chull founded Samsung as a grocery store on March 1, 1938 in Taegu, Korea. It was in the 1970s that the company began to export household electronic products abroad.
Havells India Limited was founded by Qimat Rai Gupta in 1958. Havells India Limited is one of the leading Fast Moving Electric Products (FMEG) Business and a leading manufacturer of power distribution equipment with a strong global presence.
In the 1960s, Dhirubhai Ambani and Champaklal Damani co-founded Reliance Commercial Corporation. In 1965, the partnership ended and Dhirubhai continued the company’s polyester business. On May 8, 1973, it became Reliance Industries Limited.
Apple was founded on April 1, 1976 by college dropouts Steve Jobs and Steve Wozniak, who started the new company with a vision to change the way people viewed computers. They wanted to make computers small enough for people to have them in their homes or offices.
Seven engineers founded Infosys in 1981, in Pune, Maharashtra, with a starting capital of $ 250. Today, it is India’s leading information technology company providing business consulting, information technology and outsourcing services.
Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975 in Albuquerque, New Mexico. The name Microsoft is derived from the words microcomputer and software. Microsoft entered the operating system (OS) business in 1980 with its own version of Unix called Xenix, but it was MS-DOS that strengthened the position of companies in the market.