Friday, May 27, 2011

My Hero - Henri Nestlé, who started small & scaled fast

One of my heroes is a German national called Henrich Nestle who moved to Vevey, Switzerland from Frankfurt and after experimenting for many years founded Nestlé which as you know has become the biggest Food & Beverage company in the world.

Here are some of the lessons worth noting:

1. Nestlé started small.

2. Experimented endlessly.

3. Built a powerful team by supporting them.

4. Founded Nestlé when he was 53.

5. He and his successors scaled the business through acquisitions.

In short, start small & scale fast!

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