The History of Daewoo Corporation - And a Little Korean Wisdom

Today business is an International Affair, that goes ofa multi-national conglomerate that has 25 Billion Dollars
little small business start-ups working out of their homein sales per quarter (in 1992 dollars)? He is said by
to large multi-national conglomerates. If you are anmany to be a genius, entrepreneurial giant, great
entrepreneur looking to make your mark then yousalesman and expert deal maker, few could deny that.
need to understand how the greats did it and are stillIn fact, my company, The Car Wash Guys, had a
doing it today. So, I would like to recommend a verycontract to clean all the Daewoo Automobiles entering
good International Business Success Story and bookthe United States ports for 4-years. They came over
to you:by the ship loads and the automotive division was just
"Every Street is Paved with Gold" by Kimone of the Daewoo's many enterprises, I met Kim
Woo-Choong, Founder and Chairman of Daewoo -Woo-Choong and his protégés, and
1992. This work is part of the "The Fortune Magazine -indeed, deal making was their great asset. We ended
Real Road to Success Series"up giving them a rock bottom service contract, that
Daewoo was one of the greatest success storieseven some of our best customers did not have. Don't
and international corporate business triumphs in history.worry, we still made money, but our franchisees in
So, how does a poverty stricken child grow up to runcharge of that contract did not get rich off of it.