In his early years, he completed a mechanical apprenticeship, then he became an itinerant bicycle repairman.

[1] Schwinn reportedly had a dispute with an early partner in Germany over brake designs and sought his fortune abroad.

[1] Ignaz Schwinn maintained the original company name and ran operations through World War II.

After this his son Frank succeeded him, the name was changed to the Schwinn Bicycle Company, and the corporation grew to have a nationwide market.

[4] Ignaz Schwinn died of a stroke in Chicago on August 31, 1948, and was buried at Rosehill Cemetery.