Founders: #117 : Chung Ju-yung founder of Hyundai (the most inspiring autobiography I've read)
What I learned from reading Born of This Land: My Life Story by Chung Ju-yung. --- For a long time I was known as the bulldozer. [0:01] How Chung’s son remembers him: He had a wonderfully positive disposition and a rigorous work ethic. [3:15] Memories of his father + Half century of struggle + Why he is writing this book [9:25] Running away from home. Four times. [12:15] A different level of poverty. [15:40] How struggle shaped his personality + Why he had to run away for the last time [17:15] On his own + Early jobs before the birth of Hyundai [19:24] On simple tasks + The fundamental principle of his life + Hard work paying off [21:15] Getting into the auto repair business + More struggle + More perseverance [25:55] Why you should emulate bedbugs. [31:00] Hyundai Auto Service Center + Hyundai Construction + Disaster strikes again + The Korean War [33:11] His management style + Don’t waste time if you want to be remarkable [39:30] Go where the money is: Hyundai must go abroad to escape poor domestic conditions. [42:15] The beginning of Hyundai Motors + Chung had only one speed: GO! That is not always a good thing. [45:57] Ships or how a great idea starts as a small idea [53:26] Wh
[00:00] A: For a long time, I was known as the Bulldozer. I don't think this nickname came from my hard driving work ethic. I imagine that comparing me to a heavy steel body that drives over piles of rubble was not meant to be flattering. It was meant to depict me as an uneducated upstart who dug up the ground first and thought about it later. It's obvious that I did not receive much schooling. But not receiving formal education does not mean one is lacking in wisdom. It is a mistake to think that broad and deep knowledge can only be obtained through formal schooling. I think harder, work…
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