AboutHow we built thisSponsorshipShopSearchSubscribeDecision ToolsBusiness ModelsFrameworksReading ListsPrivacy PolicyTerms of UseCookie PolicyRefund PolicyAccessibilityDisclaimer

© 2026 Faster Than Normal. All rights reserved.

Faster Than Normal
PeopleBusinessesShopNewsletter
Ask a question →
  1. Home
  2. Quotes
  3. Ingvar Kamprad

Ingvar Kamprad Quotes

19 quotes from Ingvar Kamprad — Founder of IKEA at age 17..

Read the full Ingvar Kamprad playbook →

“Only those who are asleep make no mistakes.”

Perseverance

“I could have an office all to myself but since my collaborators don't have one, then I too am contented to have a desk in a shared room.”

Leadership

“What is good for our customers is also in the long run good for us.”

Business

“Making mistakes is the privilege of the active. It is always the mediocre people who are negative, who spend their time proving that they were not wrong.”

Perseverance

“People say I am cheap, and I don't mind if they do.”

Frugality

“The word impossible has been and must remain deleted from our dictionary.”

Innovation

“I'm stingy and I'm proud of the reputation.”

Frugality

“I'm not afraid of turning 80 and I have lots of things to do. I don't have time for dying.”

Life

“Time is your most important resource. You can do so much in ten minutes. Ten minutes; once gone is gone for good.”

Time

“Creativity and believing in your work is absolutely a necessary part of success.”

Success

“Happiness is not reaching your goal. Happiness is being on the way.”

Happiness

“Per Engdahl was a great man, and I'll maintain that as long as I live.”

— Ingvar Kamprad, to Elisabeth Åsbrink, August 2010

“The boycott only made us stronger, and the crisis became a non-crisis as we were constantly coming up with new solutions.”

— Ingvar Kamprad

“He was not interested in money. That is clear from the way he structured the ownership.”

— Per Heggenes, CEO of the IKEA Foundation, to Bloomberg, 2012

“We have decided once and for all to side with the many. What is good for our customers is also, in the long run, good for us. This is an objective that carries obligations.”

— Ingvar Kamprad, The Testament of a Furniture Dealer, 1976

“Expensive solutions to any kind of problem are usually the work of mediocrity. We have no respect for a solution until we know what it costs.”

— Ingvar Kamprad, The Testament of a Furniture Dealer, 1976

“Only while sleeping one makes no mistakes. Making mistakes is the privilege of the active — of those who can correct their mistakes and put them right.”

— Ingvar Kamprad, The Testament of a Furniture Dealer, 1976

“We focus on helping people to grow, so that they themselves can improve their daily lives. Converting the cycle of poverty into a cycle of prosperity.”

— Ingvar Kamprad, letter establishing the IKEA Foundation

“IKEA is not the work of one person alone. It is the result of many minds and many souls working together through many years of joy and hard work.”

— Ingvar Kamprad

Continue exploring

Ingvar Kamprad

Person

Ingvar Kamprad

Founder of IKEA at age 17.