Oldest Companies In The World (OVER 800 YEARS) - YouTube

Channel: The Infographics Show

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This episode is brought to you by Skillshare.
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For a company to last 50 years is a commendable achievement in today’s age of tough markets,
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economic woes, and corporate acquisitions.
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But this hasn’t always been the case.
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Today we take a look at eight companies that have survived through centuries of economic
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and political upheaval and market competition.
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What types of businesses stand the test of time?
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Well, looking at the companies that have succeeded over the centuries the Infographics show can
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report that people like to have somewhere nice to eat, somewhere pleasant to sleep,
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and they like to get drunk from time to time.
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The majority of these organizations are family run affairs catering to a specific need but
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some are government-backed.
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From Japan’s longest running hot spring spa hotel to Ireland’s most historic pub,
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all these companies have truly stood the test of time.
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Let’s take a look in Today’s Infographics Show – The Oldest Companies Still in Business.
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Established in 705 the Nisiyama Onsen Keiunkan in Yamanashi, Japan is the world’s oldest
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hotel and possibly the world’s oldest running company.
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Samurais and Shoguns came here to unwind in the natural hot springs well over a thousand
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years ago.
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The healing baths of Nishiyama Onsen Keiunkan drew visitors from both near and afar – and
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they keep coming back.
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The secret to their successful longevity may well be attributed to their staffing policy.
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52 generations from the same line have looked after the hotel’s operations.
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Staff positions are passed from parent to child to grandchild and by doing so the operation
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remains as one cohesive unit – over a thousand years of knowledge is housed all under one
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roof.
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Other hotels and hospitality businesses would do well to take note of the success of the
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world’s longest running hotel.
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But this isn’t the only ridiculously long running Japanese hotel.
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Another that has stood the test of serious time is the Sennen-no Yu Koma.
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This traditional Japanese Inn was founded in 717 making it the second oldest hotel in
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Japan and one of the oldest companies in the world.
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Again centered on ancient bath houses this establishment was founded by Gonnokami Hiuke
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and ran by his descendants.
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One year later, in 718, the Hoshi hotel opened its doors and was once thought to be the oldest
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hotel in the world until it realized the other two had been in business longer.
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This establishment has been owned and managed by the Hoshi family for forty-six generations
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and still exists today.
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Hungry?
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The St. Peter Stiftskeller restaurant in Salzburg lays claim to the oldest restaurant in the
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world.
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It was already doing brisk business in 803 according to a document penned by a traveling
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scholar.
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St Peter’s shut its doors briefly during Napoleon’s invasion, so has not technically
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been in continuous operation, but given the length of time the establishment has run,
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it makes our list.
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The original dining rooms are carved into stone cliffs beneath the Hohensalzburg Fortress
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giving the place a cavernous feel.
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The restaurant has hosted some high profile customers ranging from kings and queens of
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ancient times to more recently Bill Clinton, and film-star Clint Eastwood.
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Salzburg boasts being the birth place of Wolfgang Amadeus Mozart, and the Stiftskeller caters
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to this legacy with weekly Mozart events.
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Once a week musicians dress up in period costume and patrons of the eatery will often play
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along, wearing traditional garb including lederhosen for the men and dirndls for the
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ladies.
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You can never really go out of business making money.
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A mint is where the government produce coins and other metal objects of intrinsic value,
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and the Royal Mint was established in 886 in London, UK.
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. Under the company name Royal Mint Ltd the Mint is owned by Her Majesty’s Treasury
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and has an exclusive contract to supply all coins for domestic circulation in the UK.
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Not a bad business to be in.
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In addition to coins they produce various types of memorabilia including commemorative
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coins and medals and precious metal bullion.
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The Royal Mint exports to around 60 countries, making up to 70% of its total sales abroad.
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Originally operating from the Tower of London, the Mint lasted at this historic site next
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to the River Thames for 800 years before relocating to Royal Mint Court in London.
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Come the swinging 60s the Royal Mint shifted base to a 38 acre plot in Wales where it remains
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today.
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A confirmed ancient boozer is Sean’s Bar.
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This public house dates back to AD 900 and is listed in the Guinness book of World Records
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as the oldest pub in Europe.
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The walls of the pub are made from wattle and wicker dating from the 10th century, and
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the pub was briefly owned by pop star Boy George in 1987.
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The location is right in the heart of Ireland, on the banks of the River Shannon.
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It stands next to 12th Century Norman Castle whose residents may well have popped into
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Sean’s Bar for a pint back in the day.
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Originally named the Priests Inn the Bingley Arms, established 953 in the UK, it claims
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to officially be the oldest public house in Britain.
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Traveling back in to time from AD 905 to AD 953 this pub is said to have been a safe house
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for persecuted Catholic priests.
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From around AD 1000 the establishment was used as a courthouse.
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The back garden homes a yew-tree that is older than the pub itself.
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Located in the village of Bardsey, near Leeds, Yorkshire, this pub was serving pints of beer
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when the Vikings were conquering parts of the nation and before England had its first
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king.
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The lounge features a fine period Dutch oven and the chimney boasts Priest Holes - hiding
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zones for persecuted men of the cloth.
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Most records indicate that the Chateau de Goulaine began bottling wine around 1000 AD.
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This winery is set inside a castle that has been home to the same family for over a thousand
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years.
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The first in line to take the realm of the Chateau was Jean de Goulaine, also captain
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of the city of Nantes for the Duke of Brittany.
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The Chateau was rebuilt in the 12th century and then once more in the 16th century after
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Christophe de Goulaine travelled to Italy whereupon he discovered renaissance architecture
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for the first time.
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Dazzled by the spectacle he replaced the medieval castle and erected in its place a stunning
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Renaissance Chateau.
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Several of the rooms were fitted out in the Italian style.
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The Chateau was sold by the family in 1788 only to be bought back in 1857.
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Along with producing fine wine the Chateau also functions as a museum housing numerous
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collections of valuable art produced during its 1000 years of operation.
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The de Goulaines continue to run this operation, thought to be the oldest European family run
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business.
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Next up on our list is the Weihenstephan Brewery.
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The brewery has records dating back to a 768 AD hop garden, but the establishment was officially
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licensed by the City of Freising in 1040.
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The nearby Weltenburg Abbey also claims to be the oldest brewery in the world but their
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official operation start-up date is 1050, so it seems that Weihenstephan hold the title.
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From 1923 onwards the Weihenstephan Brewery joined forces with the Technical University
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of Munich to improve their state of the art brewing facilities and operate as a kind of
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School of Beer.
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The brewery produces a range of pale lagers and wheat beers that are considered by beer
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nerds to be some of the best in the world.
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Weihenstephan also has a wide range as a recognizable beer brand exporting all over the world and
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their brand is known immediately to most committed beer drinkers.
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So there we have it.
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Eight of the longest running companies in the world.
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An honorable mention goes to the Japanese Kongo Gumi company established in 578.
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This construction company ran for over 1,400 years before falling on hard times in 2006
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and eventually being purchased by the Takamatsu Construction Group.
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Do you know how to run a good company that can last for decades?
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Join Skillshare and improve your skills today!
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What’s the longest running business you can think of?
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Is it on our list?
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Be sure to let us know in the comments.
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Also, be sure to watch our other video called – Top Twenty Happiest Countries to Live
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in The World.
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Thanks for watching, and as always, don't forget to like, share and subscribe, see you
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next time!