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Most Americans know Hyundai as a brand of automobile In reality the Hyundai Business Group is one of the worlds largest and the successful businesses with more than fifty subsidiaries that produce everything from cars to computer chips Steers 45 Who would have guessed that the founder of Hyundai started out growing rice The founder of Hyundai Chung Ju Young is truly a global entrepreneur who is largely responsible for South Koreas meteoric rise to the top of the marketplace Chung has a unique combination of creativity tenacity timing political skills and a business strategy that few competitors ever understood Chung Ju Youngs life shows that success is not just being rich but being completely happy about your job and your life in general What does it take to move from poverty to wealth Chung Ju Young was raised on his familys farm in North Korea a brief history 2 Chung was the eldest son among six sons and two daughters in the village of Asan in the Song-Jung area of the Tong Chun district in Kangwon Province in 1915 a brief history 2 From his grandfather Chung learned Chinese classics Chung had to memorize all Chinese classics in front of his grandfather who acted like a teacher His grandfather abused him if he did not do well It was horrible He went to primary school After school Chungs parents forced him into farming He did not like living like his parents so he wanted to go to a city He ran away four times in search of another way to earn his livinga brief history 2 In 1933 Chung went to Seoul and he was a delivery boy in a rice store South Korean Businessman Chung Ju Yung 145 While working as the delivery boy he saved money as much as he could do For saving money he walked to the company and wore autumns clothing instead of buying winter clothing When he
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