I look at the money I'm about to spend on myself and ask if IKEA's customers could afford it.
— Ingvar Kamprad
My theory was that good furniture could be priced so that the man with the flat wallet would be attracted to it, would make a place for it in his spending, and could afford it.
An optimised tax structure gives us the possibility of flexibility in using our assets that have already been taxed in one market. They can be used in new markets for further business development without the additional burden of double taxation.
The company will never go to the market. We want to keep strict self-financing.
If we want to be cost-conscious, we should do it, not just talk about how cost-conscious we are.
We ought to have more women in various management positions, because women are the ones who decide almost everything in the home.
We have to still develop the Ikea group. We need many billions of Swiss francs to take on China or Russia.
Ikea people do not drive flashy cars or stay at luxury hotels.
Everything we earn we need as a reserve.
I feel many responsibilities - to our customers, to our employees, to the environment, to the world at large. But I don't want to feel responsible to investors, to outsiders with financial concerns that may differ from those of the welfare of IKEA.
I see my task as serving the majority of people. The question is, how do you find out what they want, how best to serve them? My answer is to stay close to ordinary people because, at heart, I am one of them.
How the hell can I ask people who work for me to travel cheaply if I travel in luxury? It's a question of good leadership.
It is in the nature of Smaland to be thrifty.
I decided that the stock market was not an option for IKEA. I knew that only a long-term perspective could secure our growth plans, and I didn't want IKEA to become dependent on financial institutions.
I'm stingy and I'm proud of the reputation.
People say I am cheap, and I don't mind if they do.
If there is such a thing as good leadership, it is to give a good example. I have to do so for all the Ikea employees.
I've paid an awful lot of lawyers to protect what I've built. I can only hope the money was well spent.
We don't need flashy cars, impressive titles, uniforms, or other status symbols. We rely on our strength and our will!
We have always looked at taxes as a cost, just as any other cost that comes with doing business.
When the first million came in, I felt, 'My God, now I'm really independent.' That was a fantastic experience.
Normally, I try to get my haircut when I'm in a developing country. Last time, it was in Vietnam.
I'm not afraid of turning 80 and I have lots of things to do. I don't have time for dying.
Our idea is to serve everybody, including people with little money.
I am very proud to follow the rules of our company.
