Haribo

Haribo is created from
Ha in Hans, ri from Riegel
and bo from Bonn, Germany

Hans Riegel

• Born on March 10,1923 in Bonn, Germany
• Died on October 15, 2013
• His father Hans Riegel Sr. started Haribo in 1920 
• After the death of his father in the 1940's he took over

Hans Riegel con.

• Hans Riegel Sr. created the first gummy bear
• Hans Riegel took his dads operation and made it world wide
• Haribo is now an international company producing gourmet gummy bears

Roles of Entrepreneurs

Innovator: Thinks of ways to improve inventions or ideas already existing ideas.

Hans Riegel Sr. created the very first gummy bear and the process of making gummy bears.

Risk taker: this person invests time and energy into a project that isn't guaranteed to be successful.
Hans Riegel Sr. started Haribo in 1920 and began his wave of his own entrepreneurship

Spark plug: turns ideas into reality.
Hans Riegel took his dads company and made it international by building locations in other countries.

Strategist: Makes key decisions to set course for business enterprises.
Hans Riegel has changed the look of gummy bears and has spread is fathers company around the world with different slogans and mascots to become a multicultural business

Characteristics of an Entrepreneurs

Ambition: sets goals and never stops until the reach the end.
Hans Riegel Sr. sought out to create the gummy bear and didn't stop until he succeeded

Self-Confidence: Believes in oneself.
Hans Riegel believed that he could take his fathers company and make it bigger

Willingness to Take Risk: Not afraid to risk time, money & energy on their idea.
Hans Riegel put the company in new countries that it hadn't ever been to before

Energy & Self-Discipline: Thrives on hard work.
Hans Riegel Sr. constantly tried to make the perfect gummy bear recipe

Perseverance: Doesn't give up.
Even facing minor setbacks with his recipe, Hans Sr. finally got is right with his gourmet gummy bears

Problem Solving Ability: Comes up with ways fix problems in the company.
Over coming the loss of his father Hans Riegel took the company to new grounds in the legacy in his fathers name

Organizational Skill: Able to manage time, resource, and people of the company.
Hans Riegel ran the company while it was in multiple countries at the same time

Ability to Motivates Others: Inspirational to others.
Hans Riegel Sr. made his son want to take over the company and make it larger