Tribuana | A1 Tribuana | A1

Sell noodles every morning, these are surprising facts about five famous brands in the world


Sell noodles every morning, these are surprising facts about five famous brands in the worldSell noodles every morning, these are surprising facts about five famous brands in the world - Most of us are familiar with the word that spinning in the startup culture, which basically means that if your product or business strategy is not running, you choose different products and strategies.

However, if you look at the history of many large companies, you will be surprised that many of them start out with a product that entirely different from what they are now selling.

1. Samsung

In 1938, Lee Byung-chull founded Samsung Sanghoe. Initially, Samsung is a small trading company that sells dried fish, grown food, and noodles.

In 1947, they moved the headquarters to Seoul when that company grew. Lee was forced to move from Seoul when the Korean War started, and that's when he started a sugar refinery in Busan.

Over the years, Samsung entered various industries and eventually entered the electronics market in the late 1960s. Today, after nearly half a century, Samsung Electronics is the second largest information technology company in the world and measured by revenue in 2015, Samsung is the 5th market value.

2. Nintendo

Starting as a small company that producing hand-made playing cards "hanafuda" in 1989, the name "Nintendo" is usually assumed to mean "leaving luck to heaven."

Nintendo's game cards became popular after launch. In 1953, Nintendo became the first company in Japan to produce plastic playing cards.

In the 60s and early 70s, Nintendo struggled to stay alive and forced into the electronic video game market to survive. Their first commercially available video game console is "Magnavox Odyssey," and has light rifle accessories and shooting galleries. The company eventually turned into the world's largest video game with fantastic revenue.

3. Nokia

In 1865, Fredrick Ideastam founded the ground pulp mill on the banks of the Tammerkoski River, and after 6 years he founded another factory in the city of Nokia, and renamed it "Nokia Ab."

In the early 20th century, Nokia Ab started the power plant. When Nokia Ab nearly went to bankrupt after World War I, Finnish Rubber Works, which is a manufacturer of galosh goods and other rubber products in the city of Nokia, he also acquired of Nokia AB for continued their power.

After 10 years, they acquired of Finland's Cable Works, a telephone, telegraph, and power cable. The three companies merged to form a new industrial conglomerate, Nokia Corporation, in 1967. Nokia ventured into network equipment in the 70s and personal computers in the 80s before entering the telecommunications market in the 90s.

4. Avon

In 1886, David McConnell began to selling books from door-to-door. When he did not have much success, he started to offering free perfume to let her talk to the women.

And it turns out, his perfume is more in demand than the books that he sells. This awareness made him form the California Perfume Company, and he began selling perfume in rural areas where many housewives had poor access to better stores.

He also realized the power of women and their networks in rural areas to sell their products, so he started to hiring housewives and young women as sales representatives.

Currently, Avon has annual sales of USD 10.0 billion worldwide. It is the fifth largest beauty company and, with 6.4 million representatives, is the second largest direct selling company in the world.

5. BMW

BMW originally started as an aircraft manufacturing company. World War I forced BMW to make cars.

The Rapp Motorenwerke company restructured BMW into a business entity in 1917 and after a year in 1918,  BMW was launch their first product, an inline six-cylinder engine called "BMW IIIa" was launched.

This machine is known for its fast and reliable performance. After World War I, the company could not produce more aircraft engines because of the terms of the Versailles Terminal Treaty.

As a result, BMW shifted its focus and started to producing motorcycles. In 1923, BMW launched its first motorcycle and in 1928,  the company produced their first car, DIXI, based on Austin 7. Currently, BMW is the 12th largest motor vehicle producer in the world, with 2,279,503 the number of vehicles it has produced.



Can be read in English and 100 other International languages