There are many factors to creating a great business, some which are initially known and some that are learned. Here are 10 of the most successful businesses in the world to look at and learn from.
Microsoft
A multinational company that manufactures, supports, and sells electronics and computer software, Microsoft has been diversifying its markets and increasing sales since its creation in 1975. It has become one the most successful companies out there.
Apple Inc
Apple’s story is almost as well-known as its computers and mobile devices. One of the most successful businesses for high-end devices, Apple Inc was founded in 1976. It had its ups and downs for almost 40 years, coming out on top of the mobile marketing field with its wildly popular iPhone and iPad sales.
Berkshire Hathaway
A conglomerate headed by well-known billionaire investor Warren Buffett, Berkshire Hathaway owns other well-known names that the public might consider among the most successful businesses, such as Geico and Dairy Queen. It also has holdings in companies such as Coca-Cola and IBM.
Exxon Mobile
When considering the most successful businesses, it’s impossible to leave out the oil industry. Exxon Mobil is the result of a 1999 merger between older oil and gas companies Exxon and Mobil. It stands as one of the world’s supermajors, and remains a historic name in Big Oil.
Rosneft
Oil in Russia is one of the most thriving industries for the country, and Rosneft is majority owned by the Russian government. It was created in 1993 and turned into the largest publicly traded oil company by the year 2013.
Samsung
Samsung is a Korean conglomerate and has a wide range of products under the Samsung brand. By 2013, they spread out to electronics, construction, insurance and other industries.
Chevron
Another one of oil’s most successful businesses, Chevron also supplies the world with other types of geothermal energy. They have moved into creating alternative sources such as biofuel and hydrogen. The prevalence of their name on gas stations makes it clear they are a big name in the industry.
Vodafone
One of the most successful businesses in the telecommunications sector, Vodafone launched in 1985 in Britain. They operate in at least 30 countries with services available for businesses.
J.P. Morgan and Chase
As a banking and financial holdings company, J.P. Morgan and Chase qualifies as a top dog in its sector. Some would consider banks in their analysis of the most successful businesses, but J.P. Morgan and Chase made its way with investment and private banking.
The Industrial and Commercial Bank of China
As one of the largest bank in the world in total assets and once ranked at the top in worldwide banks, the Industrial and Commercial Bank of China qualifies as one of the most successful businesses out there. It is a state-owned bank with more than 300 branches overseas.
What makes a company successful is a recognizable brand name with multinational influence like the businesses above. To learn more about some of the most successful businesses and to get some ideas, check out our blog!