1) Henry Ford
Ford made an inexpensive car. He introduced the Model T in 1908. Easy to operate,
maintain, and handle, the car sold for $850, almost half the cost of other cars
of the day. By 1915, Ford had managed to reduce the production costs so much
that he was able to lower the price to $290. He
could manufacture a good quality car at a far cheaper price than his
competitors. Ford cars are built eight times faster than any other,
reducing production time from 12 hours, to just one and a half. He gave
customers more and better choice.
For more info : http://webcache.googleusercontent.com/search?q=cache:oqd1mo_6zCUJ:www.history.co.uk/biographies/henry-ford+&cd=4&hl=en&ct=clnk&gl=my or http://webcache.googleusercontent.com/search?q=cache:ZI7zAuIXSNcJ:www.robinsonlibrary.com/social/industries/mechanical/ford.htm+&cd=3&hl=en&ct=clnk&gl=my
2) Lee Byung-Chul
Lee Byung-Chul was the
founder of the Samsung Group and one of South
Korea's most successful businessmen. With the breakup of the Hyundai chaebol, Samsung is now
South Korea's largest business group. Lee Byung-Chul has better competitive
strategy in term of Price, Quality,Innovation and Choices. Lee Byung-Chul put
their prices at the low price. Their design are attractive and more quality at
the result their sales are moving in high volumes. Besides, the company had
raised a large amount of secret funds through bank accounts illegally opened
under the names of up to 1,000 Samsung executives, under his own name, four
accounts were opened to manage 5 billion won. Lee Byung-Chul gave many
innovation in the sector. He also followed a South Korean ruling stating that
both companies were guilty of infringing on each other's intellectual property.
As a result, Lee Byung-Chul gave
customer a good choices of his product.
For more info : http://en.wikipedia.org/wiki/Lee_Byung-chull or http://www.ukessays.com/essays/marketing/samsung-was-founded-by-lee-byung-chul-marketing-essay.php#ixzz317GLsWgr
3) Bill Gates
For more info : http://www.slideshare.net/emanrashed/bill-gates-7556849 or,
4) Tadashi Yanai
Tadashi
Yanai is the founder and president of fast retailing - Uniqlo. He was a top 5
out of 50 entrepreneurs. Tadashi Yanai has a good competition in price which
the prices in the clothing industry that Tadashi Yanai operates in become
significantly lower. Tadashi Yanai has increased the quality of his products
and quality of life for society at large. To ensure the high quality products,
Uniqlo has refined its SPA business model, allowing for control of the entire
business process. He is an icon for innovation in the clothing industry and has
made many breakthroughs which have been well documented. Tadashi Yanai has
given consumer a better choice to buy their products. Uniqlo show their concept
of high-quality basis and variety of choices that diffentiate from their
competitors such as H&M, Zara or Gap.
5) Richard Branson
Sir Richard Charles
Nicholas Branson (born 18 July 1950) is
an English business magnate and investor. He is best known as the founder of
Virgin Group, which comprises more than 400 companies. A little bit about him,
at the age of sixteen his first business venture was a magazine called Student.
In 1970, he set up a mail-order record business. In 1972, he opened a chain of
record stores, Virgin Records, later known as Virgin Megastores. Branson's
Virgin brand grew rapidly during the 1980s, as he set up Virgin Atlantic and
expanded the Virgin Records music label. Why sir Richard Branson can listed out
in top 5 among 50 entrepreneurship is because sir Branson is the sixth richest
citizen of the United Kingdom, with an estimated net worth of US$4.6 billion
according to the Forbes 2012 list of billionaires. Richard Branson started his
record business from the crypt of a church where he ran The Student magazine.
Branson advertised popular records in The Student and it was an overnight
success. One of Britain's most high-profile billionaires, Richard Branson has
come under fire for moving to Necker Island, the British Virgin Islands retreat
he bought in 1978 for $180,000, in an alleged tax dodge. In 2013 his Virgin
Media was sold to Liberty Global for $23.3 billion. This is the latest article
talking much about Richard Branson.
For more info : http://en.wikipedia.org/wiki/Richard_Branson or,
Bottom 2
49) Walt Disney
Walt Disney was a founder of Walt Disney Company. He didn’t manage to bring his price and living cost down because he faced with rough start at first, by earned money at Kansas City Film Ad Company. Once he opened up a studio, his studio’s profit were insufficiently to cover the high salaries for employees and unable to successfully manage money, and became loaded with debt. However, he was good in innovation because as an aspiring animator and entrepreneur, Disney kept adding idea in building new Disney’s characters such as Alice Comedies. He managed to always maintain the quality of his product until he gained award in 1932 for the creation of “Mickey Mouse”. Yet, he created amusement park which is Disneyland, for his customer to make a better choice and decision in order to decrease competition level between other new companies coming. By the early 1960s, the Disney empire had become a major success, and Walt Disney Productions had established itself as the world’s leading producer of family entertainment until now.
For more info : http://en.wikipedia.org/wiki/Walt_Disney#Teenage_years or,
50) Jerry Yang
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