Thursday, December 4, 2008

Henry Ford's Advice | No Bailout . . .

Henry Ford with Model T in 1921.
American industrialist and pioneer of the assembly-line production method.

I wonder what he would have to say about the pitiful state of the American automobile industry?

Maybe all those boys in Washington should take a break today and read some words of wisdom from Henry Ford.

Failure is simply the opportunity to begin again, this time more intelligently.

Nothing is particularly hard if you divide it into small jobs.

If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.

The best we can do is size up the chances, calculate the risks involved, estimate our ability to deal with them, and then make our plans with confidence.

A market is never saturated with a good product, but it is very quickly saturated with a bad one.

People can have the Model T in any color--so long as it's black.

As an industrialist Henry Ford’s #1 rule was: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.

Business is never so healthy as when, like a chicken, it must do a certain amount of scratching around for what it gets.

I do not believe a man can ever leave his business. He ought to think of it by day and dream of it by night.

It has been my observation that most people get ahead during the time that others waste.

The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time. A business absolutely devoted to service will have only one worry about profits. They will be embarrassingly large. All Fords are exactly alike, but no two men are just alike. Every new life is a new thing under the sun; there has never been anything just like it before, never will be again. A young man ought to get that idea about himself; he should look for the single spark of individuality that makes him different from other folks, and develop that for all he is worth. Society and schools may try to iron it out of him; their tendency is to put it all in the same mold, but I say don't let that spark be lost; it is your only real claim to importance.

Content in a Cottage


Sabina said...

Well done!!

Millie said...

Such a thought-provoking post Rosemary. MOTH & I have had long conversations about this subject, even though we are half way across the world to you guys.

MOTH was just so incensed to read that when all the Senior Managers of the Car Industry went to Washington recently to beg for bail-out money, they didn't hop on a commuter flight, they flew in the comfort of the corporate jet at a cost of nearly $700K. A leopard never changes its spots.

The car industry has known for many years that this day would come & they have done diddly-squat to prepare for it. Shame on them. Sorry, I'll get down from my soap-box now.
Millie ^_^

susanlambert said...

love it!! great post!