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#117 : Chung Ju-yung founder of Hyundai (the most inspiring autobiography I've read)

Founders

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Gaining a foothold in foreign markets through determination and optimism

The individual realized that to expand their business, they needed to enter foreign construction markets. Despite having primitive technology and limited experience, they strategically dispatched executives to Southeast Asian countries to seek contracts. By submitting bids at the cheapest prices, even without knowing if they would make a profit, they managed to win contracts, showcasing their unyielding optimism. Despite facing challenges and losing money, their determination to utilize Southeast Asia as a stepping stone to global expansion was evident.

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