This is an AI translated post.
Select Language
Summarized by durumis AI
- Henry Ford was an entrepreneur and engineer who founded the Ford Motor Company and was the first person in the world to successfully mass-produce automobiles.
- Especially, after taking full ownership of the Ford Motor Company in 1919, he accumulated tremendous wealth and is recorded as the first person to own over $1 billion worth of assets at the time he was alive.
- He left behind insightful quotes on various aspects such as quality, failure, cooperation, learning, and personality, and his quotes continue to inspire many people today.
Henry Ford
Henry Ford (July 30, 1863 – April 7, 1947)
He was an American industrialist, business magnate, and engineer who founded the Ford Motor Company and is credited with developing the assembly line technique of mass production. He is also said to have invented the word "modern."
John Davison Rockefeller, Andrew Carnegie, John Pierpont Morgan, and others are also known as billionaires, but their assets at the time of their death did not exceed $1 billion. Henry Ford was the first person to have assets exceeding $1 billion during his lifetime.
In 1919, Ford bought all the shares from other shareholders who had contributed to the founding of Ford Motor Company, making Ford 100% owned by Henry Ford. However, shortly after, he transferred 42% of his shares to his eldest son Edsel and 3% to his wife Clara, leaving him with only 55%. In 1903, when Ford Motor Company was founded, shareholders who had invested money received a 2,500-fold return when they sold their shares in 1919, meaning that those who had invested $10,000 received $25 million.
○ Quality means doing it right when no one is looking.
○ Failure is simply the opportunity to begin again, this time more intelligently.
○ Coming together is a beginning. Keeping together is progress. Working together is success.
○ Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young. The greatest thing in life is to keep your mind young.
○ Whether you think you can or you think you can't, you're right.
○ The only real mistake is the one from which we learn nothing.
○ When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.
○ If you always do what you've always done, you'll always get what you've always got.
○ Whether it's an automobile, a diet, or a philosophy, simplicity is the key.
○ The greatest thing we can do is to make the world a little better than we found it.
○ Anyone can learn to be a good teacher, but no one can teach a person who is unwilling to learn.
○ When people are truly determined to do something, it is impossible to stop them from getting what they want.
○ The key to success is not only to know what to do but also to do it.
○ The secret to success is knowing your destiny and doing it.
○ Success is not final, failure is not fatal: it is the courage to continue that counts.
○ Success is not about how much you make, but how much you give.
○ Success that comes quickly and without effort is not worth much.
○ The highest use of capital is not to make more money, but to make money do more for the betterment of life.
○ The man who pays the wages is not the employer. The employer is the customer. The man who pays the wages is only the agent of the customer.
○ There are two kinds of people who lose money: Those who are too weak to hold on to what they have, and those who try to make money by trickery. And in the end, both lose.
○ Imitation can be very successful in itself, but imitation can never be success. Success is the result of original creation.
○ Vision without action is merely a daydream.
○ I don't think any man can ever get away from his business forever. He must think about it in the day and dream of it at night.
○ Nothing is particularly hard if you divide it into small jobs.
○ The only true security that a man can have in this world is a rich store of knowledge, experience, and ability.
○ Obstacles are those frightful things you see when you take your eye off your goal.
○ Don't find fault, find a remedy. Anyone can complain.