In 1978James Dyson had an idea for a bagless vacuum cleaner that maintained suction. He was disappointed by whether it was considered a top-line model, which he said that it often loses the power of cleaning as soon as it is filled with dust and the power of cleaning is lost.
Dyson worked full-time on his idea, and after five years of work and 5,127 failed prototypes, he created the world’s first bagless vacuum cleaner-now the famous Dyson, which has since become a consumer electronics brand that has reached sales sales. $ 9.6 billion in 2023But in those early years came to a cost: he was borrowing a lot from the bank to meet at the end and the debt accounted for over $ 1 million.
“Finally, I owned more than a million dollars, who were going back in 30 odd years for a single person in those days, a lot of money,” Dyson, 78, said. entrepreneur in an interview. “I had no money.”
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But he had “very little to lose,” he says, which is why he took a chance to his vacuum idea despite the financial pit. He lost his father at an early age and whatever he was building and felt a deep sense of ownership and passion for his future.
“I think I have no objection to staying on the shore,” Dyson said. “I lost my father when I was nine years old. I made it with me that my future was completely for me, and to do it on my own.”
“I wanted to do it,” he said.
James Dyson. Credit: Dyson
Financial obstacles made Dyson more creative because no money is taught how to face it without it. For example, he could not hire salespers, advertisers or promoters, so he went out of himself to sell a vacuum cleaner.
“It took a long time,” Dyson said. “Almost every businessman I said I was crazy.”
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In 1993, Dyson set up his own shop and Dyson produced the first unit of double cyclone DC -01 vacuum cleaner But Price of $ 399As of 1998, Dyson had sold 1.4 million units of vacuum globally, and by 2004, DC -01 was cement as a commercial success, its nearest contestant in the UK was retained in proportion to five to one, per, copy, copy, copy, copy, per, copy. Industry week,
In recent years, Dyson’s enrolled company has reached new heights. In 2023, a comprehensive product with portfolio, including Hair equipmentLight, fan, and HeadphoneDyson’s company achieved a record of £ 7.1 billion ($ 9.6 billion) global revenue and appointed 6,500 workers. Revenue increased by 9% from last year.
Now, Dyson has a net worth Allegedly $ 15.3 billion, making him a third-ridden person in Britain, which he receives other honors, also included, which is also included. Knighthood in 2006 For their services for business.
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Dyson has certainly paid those early loans and says that he celebrates “small success” compared to older people. He indicates the Dyson Hand Dryer as an example – the product is not a “huge” business, eg, the Dyson Hair Dryer, they say, but he still finds it “interesting”.
Dyson said, “You should not do everything to achieve large numbers, big successes in life.” “Short successes are simply satisfactory.”
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In 1978James Dyson had an idea for a bagless vacuum cleaner that maintained suction. He was disappointed by whether it was considered a top-line model, which he said that it often loses the power of cleaning as soon as it is filled with dust and the power of cleaning is lost.
Dyson worked full-time on his idea, and after five years of work and 5,127 failed prototypes, he created the world’s first bagless vacuum cleaner-now the famous Dyson, which has since become a consumer electronics brand that has reached sales sales. $ 9.6 billion in 2023But in those early years came to a cost: he was borrowing a lot from the bank to meet at the end and the debt accounted for over $ 1 million.
“Finally, I owned more than a million dollars, who were going back in 30 odd years for a single person in those days, a lot of money,” Dyson, 78, said. entrepreneur in an interview. “I had no money.”
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