Thursday, August 19, 2010

Karl Albrecht - Small Grocery Store to Mega Discount Chain

Germany's richest man - he seems to have really been a case of self-made. He and his brother took over their mom's small corner grocery shop in a city in Germany and built it into one of the largest discount chains in the world - Aldi.

Lesson? Not sure, since little is known about how they did it. Naturally, it helped that their mom ran a small grocery shop, but there are tens of thousands of moms and pops running grocery shops - their kids continue to remain small grocery shop owners as well!

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