Henry Ford – Startup Advice

Henry Ford Startup Advice

Henry Ford founded the Ford Motor Company in 1903. During that time, “horseless carriages” where expensive and only available to the wealthy. However, within four decades, Ford’s innovative vision of mass production (assembly line, high wages, etc.) created the first affordable, reliable “automobile for the masses” and sparked an industrial revolution. It also created societal changes that remain today, including an expanded middle class, interstate highway system, etc. Below are quotes from Ford in five areas that remain relevant to modern startup founders and leaders.

Execution
– There is no man living who is not capable of doing more than he thinks he can do.
– Vision without execution is just hallucination.
– You cannot build a reputation on what you are going to do.

Innovation
– I cannot discover that anyone knows enough to say what is and what is definitely not possible.
– If I had asked people what they wanted, they would have said ‘faster horses.’
– The only real mistake is the one from which we learn nothing.

Leadership
– Thinking is the hardest work there is, which is probably the reason so few engage in it.
– Whether you think you can or you think you cannot – you are right.
– You do not have to hold a position in order to be a leader.

Service
– A business absolutely devoted to service will have only one worry about profits; they will be embarrassingly large.
– Employers only handle the money – it is the customer who pays the wages.
– To do more for the world than the world does for you – that is success.

Teamwork
– Coming together is a beginning; keeping together is progress; working together is success.
– Do not find fault, find a remedy.
– Nothing is particularly hard if you divide it into small jobs.

All contents copyright © 2013, Josh Lowry. All rights reserved.

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