THE MAN WHO START HIS BILLION-DOLLAR BUSINESS AT THE AGE OF 64-
Strugglers and Hustlers (Part-1)-
We started our New series of blogs Strugglers and Hustlers where we talk about founders' stories who never back off from their vision and one day become successful, In the first part we talk about 3 founders, Let's Start with Konosuke Matsushita.
Konosuke Matsushita (Founder of Panasonic)-
Konosuke Matsushita, the founder of Panasonic, faced numerous struggles and challenges throughout his life. However, his persistence and determination enabled him to overcome these obstacles and achieve remarkable success in his business.
Matsushita was born in 1894 in Japan, and his family faced financial difficulties when he was young. As a result, he had to leave school early to work and help support his family. Despite this setback, he continued to educate himself through reading and self-study. He Works in various companies, but one company change his entire life, and that company is Osaka Electric Light Company. In 1917, Matsushita started working for the Osaka Electric Light Company, where he learned about electrical engineering and began to develop his own ideas for improving electrical devices. However, he faced resistance from his superiors, who did not see the potential in his ideas.
But Undeterred, Matsushita continued to develop his inventions and eventually founded his own company, Matsushita Electric Industrial Co., Ltd. (now known as Panasonic). His first product was a battery-powered bicycle lamp, which became very popular in Japan.
Throughout his career, Matsushita faced numerous challenges, including financial difficulties, labor strikes, and the devastation of World War II. However, he was committed to his vision of creating high-quality, affordable electrical products that could improve people's lives.