Beginnings of Industrial Giants

R ome wasn’t built in a day, likewise, technology firms. Famous multinationals like ACER, Amazon, GE, HP, Microsoft, Shell, Honda etc., famous for their technological prowess were pioneered by private individuals. And who could ever have thought, the firms humbly started from living rooms, garages or small workshops? Some of these multinationals today are associated with their parent countries such as Taiwan, America etc, and were founded by students, after their postgraduate studies. For instance, Hewlett Packard (HP) was started by two post-graduate students. Likewise, Stan Shin and his wife, the founder of ACER, and the list goes on and on. More interestingly about these firms was, some began with  relatively small capitals.

Hewlette Packard began in a garage with a startup capital of about $600, ACER was about $25000, even Apple with a working capital of about $2000. There is nothing big about the beginnings of these firm’s. They were started by young private individuals rather than the government or experienced, retired personnels.

There is nothing big about the beginnings of this firm’s

They began in their garages, living room even dorm room rather than in industrial complexes. And they began with the little they had. But the interesting point about their history, is their ability to turn this little into wealth, “I mean into billions”. And this they did by adding value through their works, sills and human intellectual ability.

But the interesting story, is their ability to turn little into wealth, “I mean into billions”. This they did by adding value through their works, skills and human intellectual ability.

According to Wikipedia, the total asset work of Apple in the year 2016 was estimated to be about $300 billion. As at 2015, the revenue generated by HP was estimated at about $30billion.

Adding value involves skills, knowledge and great imaginative and intellectual ability. And boosting this capability, requires continuous education, skill development and improvements. Continuous education may not require passing through a degree awarding institute, it is rather, your ability to learn. And creative and imaginative abilities can only be developed by exercising them through creative activities like art, music or other imaginative exercises.

This stories are enough to motivate the young entrepreneur with little fundings but big dreams. It is all about the little you have and the value you’re capable and willing to add to it. For its this value added, that is the multiplier.


By Gbenga Ajisafe