I think the next monument should be a person that caused a spark in history. Old innovations are so important today because we have the opportunity to improve and build off that idea. I believe a monument of Henry Ford should be made in the National Mall mostly because of his success story. Henry Ford was a young entrepreneur who was told, he wouldn't last more than six months in business. He proved them wrong by becoming one of the wealthiest people in the world.
Henry Ford was an American icon and founder of the Ford Motor Company he was the son of Irish immigrants. And from an early age, he had interest in engineering. He was motivated to learn as much as he could. And took various apprenticeships and jobs of manufacturing companies. When
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His net worth in today's dollars would be 188.1 billion dollars. Over three times richer than Bill Gates! By following his interest and by taking steps every day to move his business forward, Ford was able to build a powerhouse company and become one of the richest people in the world. I feel like Henry Ford would emphasize the phrase to never quit. He would enforce the idea that whatever your business is, make sure you follow your passion and never give up on your dreams. Take small steps every day to build your business and over time those little steps will transform into giant leaps forward. When Ford first told the world that he wanted to create a quality car that could be mass-produced and affordable. He wasn't taken seriously. Common thoughts were if Ford does that he'll be out of business in six months. Ford didn't blow up instantly but he kept trying until he finally invented the Model T, which went on to sell over 15 million units. A record that stood for the next forty-five years …show more content…
Secondly, Ford emphasized quality in America. Ford’s idea was to create his business reputation and, create the best quality product or service possible. He believed in not only bring in more customers to his door but also give them the feeling that what he was doing was right. Ford placed his name on the company and wanted to make sure that it stood for quality. He felt that if one of his cars broke down on his customer, that he was personally to blame. He also didn't believe in rushing into a new business until he had a hundred percent confidence in the quality of the product that would be created. He felt that this was one of the major reasons why many businesses failed. Ford stated “I do not believe in starting to make until I have discovered the best possible thing. This, of course, doesn't mean that a product should never be changed, but I think that it will be found more economical in the end not even to try to produce an article until you have fully satisfied yourself.” Lastly, Ford showed great use of teamwork. He stressed that you can't build anything substantial on your own till at some point you build a team around you. Ford ignored all of the person's history and prior work experience. Instead, he looked for a willingness to work and believe that
Henry Ford was a captain of industry. He owned Ford Motors, which was an automobile company. Ford was a man who always wanted his own way and he got it most of the time. The creation he is most famous for is the FORD MODEL T, the car for the commoners. His car became an instant hit amongst the people- the local people and the working class of people because it was very affordable and was not just for the rich. Ford was a very successful businessman but not particularly a nice guy. He expected a lot from his workers but thing is that he also cared for his workers, because he knew that not only were they dependent on him but also that he depended upon them, they were the ones due to which he was gaining popularity and success throughout America. Ford’s great strength was the manufacturing process for his cars. Instead of having people put together the entire car he created organized teams that added parts to the Model T as it moved down the assembly line, this lowered the production prices and also the time and energy required to put together the cars.
Henry Ford’s development of the single and unchanging automobile model meant the possibility to concentrate upon a single cheap car for the masses. When The Ford Company began to make Model C for $900, Model F for a thousand, and Model B for two thousand, the profits began to drop more and more each year and progress was being made backwards. The Ford factory was taken control over by Henry who stopped the production of
Henry Ford was a great entrepreneur, who changed the way the world travelled, manufactured goods and enjoyed their leisure time. He bridged the gap between consumer and automobile, bettering the industry and world economy. He didn’t invent the automobile he just made it affordable for the average family through his moving assembly line that is still being used today to manufacture all things from household electronics to toys.
Behind every great business these us a great vision from the founder. We all know or should know that the future hold for us. Henry Ford was one of them people that had a great vision for the future. He was for the Americans with average incomes. He a vision to change the way we get around in our everyday lives. Mr. Ford was born on a farm in (birthplace). Where he spent his time indulging into his engineering efforts on the farm by working on ways to work smarter and not harder. Henry Ford did not like working on the farm as he was coming up because he found the work very tedious. His parents put a work bench in the house so Henry could study things such as a watches. He would take something a part such a watch and analyzed the inner moving
The automobile went from being a toy for society’s elite to being an essential item within the economic reach of nearly every American, all thanks to the hard work and ingenuity of Henry Ford. His dedication to quality and attention to detail earned him not only dozens of racing titles, but also the reputation of a respectable businessman. Ford understood his market so well that he knew what the people wanted before they could even ask for it, always ahead of the curve. Ford was a pioneer of American commercialism, and so his production methods were centred around efficiency and mass production, thus allowing him to increase productivity and decrees cost to meet the demand of the masses. Lastly, consideration of the working class and philosophy of raising the wages instead of raising the price point and focusing only on profit. There are a great many lessons to be learned from distinguished businessmen in history, and Henry Ford is no
Observed as a technological mastermind, Ford commenced experiments involving machinery from the time he was adolescent to launching his career working at the Edison Illuminating Company. He examined internal combustion engines and gasoline buggy ideas, eventually resulting in removing himself from Edison’s company and his introduction into the emerging automobile industry. Following in 1903, he established the Ford Motor Company, which expeditiously became a leader in the automotive industry and would gain extensive wealth within only a few decades. While other manufacturers strove to produce automobiles to be extravagant and luxurious predominantly for the wealthy, he immensely focused on efficient mass production of durable, affordable vehicles for the expanding middle-class market. The car should be like a fine watch," Ford said.
When Henry turned 40 he was broke and washed up. Even after this he went in to the ALAM to get a licence to build his cars, he was shot down. He went on to try for more investors, he again was shot down. Now without investment and no licence he still went on to try and build his cars. This time he just did the necessity not the lucry. This worked! In the first month of his work he built and sold 1700 cars. This was a big thing back then! But he doesn't stop there he goes on to sell 300,000 cars yearly!! Thats half of today's sales!! Ford became one of the highest selling cars available. He came from the bottom to the top l...
What would Henry Ford think about the world today? I think he would be impressed about how big his company has grown and the number of cars and trucks it produces daily. Some of the assembly lines are fully automated now. Robots have taken over the jobs that humans once did. One thing he might find interesting is that products with his name on them are being sold in many countries around the world. It is a huge accomplishment as a business man having your name known
Henry Ford was born on July 30 in 1863 in Greenfield Township, Michigan he was one of the first American industrialists and wanted to make a difference in the automobile industry. Back then, before 1908 automobiles were expensive that only rich people could afford. Henry Ford wanted to change this and wanted everyone to have a vehicle to drive. He was able to accomplish this by the assembly line, in which it created more cars in less time. The first car Henry Ford made was the Model T created on the assembly line. Ford’s innovation in manufacturing created less expensive cars and higher wage jobs.
Henry Ford was one of the most famous people in the world. He revolutionized assembly line modes for the automobile, which revolutionized the auto industry for America. He invented the Ford model T car, in 1908, which was his first car he invented. Because of this reason, Ford sold and continues to sell millions of automobiles and became head of a world renowned and innovative auto company. His company didn't really dominate the foreign market, but it made a huge impact in technology and the development of the U.S infrastructure. Today, we look at the Ford company and see how much it has changed, and how much it has evolved. Ford is known for helping build the American economy
Henry Ford was one of the most brilliant entrepreneurs in creating the automobile assembly line, it was his controversial characteristics and unorthodox approach towards administrating the Ford Motor Company which resulted in the conglomeration of one of the most successful corporations in the world. At the turn of the century everything was booming! The growth of the economy and stock market increased the job opportunities as well as morals. As a result of this industrial revolution, out of the woodwork came a humble yet driven man, Henry Ford. Between the five dollar/day plan, his policies on administrating the company, and his relations with his customers, Ford was often presented as a suspicious character. This controversial behavior epitomized the success of the company, it did not lead to his own downfall as many suspect. The Anti-Semitic accusations, and the belief that Ford was taking advantage of his customers, were by far overshadowed by his brillianc!e and strong hand in running his company.
Henry Ford I, the founder of Ford Motor Company, was born on a farm near Dearborn, Mi in 1869. From boyhood, he had a talent for engineering, but it was not until 1890 that he commenced his engineering career as an employee of the Detroit Edison Company. Ford’s superiors at the electric company felt his hobby distracted him from his regular occupation, and despite his promotion to chief engineer, he was forced to quit in 1899.
Henry Ford A. Historical Narrative 1.Henry Ford, by far the universe^s most renowned industry man, held a strong grip on American business. The Model t, which was his crown creation and the mass production method he used to produce it, changed the face of the current times and became a temper of the times because it was catchy. He had a blue collar appeal to the majority of Americans, who were just that blue collar, because he succeeded on his own merits. Even with the great wealth he accumulated, he still maintained the support of the common folk. 2.
When Henry Ford was born on June 30th, 1863, neither him nor anyone for that matter, knew what an important role he would take in the future of mankind. Ford saw his first car when he was 12. He and his father where riding into Detroit at the time. At that moment, he knew what he wanted to do with his life: he wanted to make a difference in the automobile industry. Through out his life, he achieved this in an extraordinary way. That is why he will always be remembered in everyone’s heart. Whenever you drive down the road in your car, you can thank all of it to Henry Ford. Through his life he accomplished extraordinary achievements such as going from a poor farm boy to a wealthy inventor who helped Thomas Edison. When he was a young man, he figured out how to use simple inventions, such as the light bulb. He then taught himself the design of a steamboat engine. His goal was to build a horse-less carriage. He had come up with several designs and in 1896, he produced his first car, the Model A. When Ford’s first car came out, he had been interviewed by a reporter and when asked about the history of the car, he had said “History is more or less bunk.” Ford worked in Thomas Edison’s factory for years and the left to become an apprentice for a car-producer in Detroit. While working there, he established how he was going to make the car.
Born July 30, 1863 in Dearborn, Michigan, Henry Ford was the first child of William and Mary Ford. As a young man he became an excellent self-taught mechanic and machinist. At age 16 he left the farm and went to nearby Detroit, a city that was becoming an industrial giant. There he worked as an apprentice at a machine shop, while months later he would begin work with steam engines at the Detroit Dry Dock Co., where he first saw the internal combustion engine, the kind of engine he would later use to make his automobiles.