Aung Hlaing - Starting your own business

Chapter 1

Own business

World-renowned businessmen of the 20th century

As the 20th century draws to a close, it is a good time to reflect on the men and women who have made the world a better place in the past 100 years. We may never have seen or had the opportunity to see the great names of those eras. Yet their ideas, actions, and innovations have significantly improved our daily lives.

Henry Ford (1863-1947, American)

Henry Ford was the first person to build and sell automobiles that ordinary people could afford.

When Ford founded the Ford Motor Company in 1903, only the wealthy could afford to buy a car, and the average person was still far from having one.

Later, Ford saw the opportunity to make cars affordable for everyone and to produce cars that ordinary people could afford. The only car that anyone from the common people could afford was the Model-T Ford.

The car was considered affordable and affordable by many, but Ford's brilliant ideas were ridiculed by other businessmen. However, the public was happy with the Ford Model T and there was a high demand for it.

I will no longer have the opportunity to see the lives of city dwellers and city dwellers who travel in Ford's Model T cars.

To this day, we are still grateful for the success of Ford, which once produced automobiles.

(Henry Ford's big dream was for every worker to own at least one Ford car.)

Walt Disney (1901-66, American)

Walt Disney was the creator of a large public amusement park.

In fact, today's successful public theme parks are a result of the "Disney" name. The company that Disney founded is a large corporation made up of several groups of companies. Each of the Walt Disney companies manages theme parks with amusement rides, produces films, and creates markets for Disney products.

Today, Disney is worth an estimated $22 billion (2.5 trillion yen).

- The Disney Company had a difficult beginning, and only later did it achieve gradual success.

Walt Disney was a poor man who lived in Los Angeles and made a living by drawing cartoons and writing stories.

In 1955, he took on a grand adventure by opening the first amusement park (Disneyland). After Disneyland was a huge success, he later opened EPCOT Center in Florida.

Today, Disneyland theme parks are found in Tokyo and Paris, and Disney's character is the world's most famous cartoon character, "Mickey Mouse." Mickey Mouse's image can be seen prominently as a symbol in every Disneyland park.

Ray Rock (1902-84 American)

The name W. K. Kroc was not a household name. But when W. K. Kroc was founded in 1955, it became one of the most famous and successful food companies of the 20th century. Kroc worked as a salesman in a grocery store. One day, he visited a hamburger restaurant in San Bernardino, California. It was a low-cost restaurant owned by two brothers, Dick and McDonald.

The two brothers worked together with the two Ham McDonald brothers to sell burgers and other snacks, and were successful. In 1955, Kroc, who had achieved great success, opened a restaurant chain with the McDonald brothers.

In 1961, Kroc took over the entire company from the McDonald brothers and gained ownership.

Kroc continued to open restaurants in many parts of the United States, one after another. To this day, all McDonald's restaurants have a fan base in the millions.

Akiro Morita (Japan, 1921–present)

Akira Morita is one of the most prominent and successful businessmen in Japan.

He is the eldest son of a family of sake brewers in the Nagara region.

Many expected him to be the heir to the family's 300-year-old brewery, but in reality, he did not inherit the brewery as many thought.

Shortly after the end of World War II, Morita, to the surprise of his family, founded the Tokyo Telecommunications Engineering Corporation. He partnered with an engineer named Masa Yu Ibuka to make the company a success.

Morita's company developed the first portable "transistor" radio in 1955. The portable radio was introduced to the world and was more successful than anyone had expected.

In 1958, the company's name was changed to "Sony." Morita had many great ideas for expanding the international market to include products related to communication technology.

Thanks to Morita's efforts, Sony began mass-producing high-quality televisions, music cassettes, and compact discs, and the company's success continues to this day.

Bill Gates (1955-present, United States)

Bill Gates founded Microsoft with his friend Paul Allen in 1975 after graduating from Harvard University.

The first product Microsoft introduced to the world was a desktop computer for home, office, and personal use, and it incorporated basic computer terminology into a single, basic design.

Microsoft did not invent any other products. However, the secret to Bill Gates' success was his ability to take product designs and ideas from other companies and combine them with his own creative thinking.

For example, the same computer is the famous "Mac"