It takes a lot of work and effort to make a company successful. Today, it is easier to increase your reach and ensure that the company has the right 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 become successful today.
These are some of the leading multination companies and the journey they have taken to reach where they are today.
The Tata Group was founded by Jamsetji Nusserwanji Tata in 1868. It started off as a private trading firm. It was in 1902 that the group decided to launch the Indian Hotels 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 trading store on March 1, 1938, in Taegu, Korea. It was in the 1970s the company began to export home electronics products overseas.
Havells India Limited was founded by Qimat Rai Gupta in 1958. Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer 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 polyester business of the firm. On 8 May 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 of changing 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 an initial capital of $250. Today it is India’s leading information technology company that provides 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 was 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 made the companies position stronger in the market.