Stories
Henry Ford Life Lessons
Founder of Ford Motor Company, Henry Ford was an American entrepreneur. He is most famous for single handedly developing an automobile which every middle class American could afford. In the journey of turning his idea into a successful business, Henry Ford experienced many ups and downs. However, his success and triumph even after facing such difficulties taught us some really great lessons. Check out some incredible life lessons from Henry Ford which will keep you motivated and help you move forward in life.
Life lessons to learn from Henry Ford
1) Don’t be scared to take risk
Henry Ford is a creative genius who is famous for converting his idea into a successful business. If he would remain satisfied with the small company he built during his early days, he wouldn’t have become a business mogul in his lifetime. He was always eager to grow his business and continued investing in bigger factories which produced more products. Even though these investments were costly, Henry Ford took the risk and became one of the most successful businessmen of his time.
2) Instead of finding faults, find remedies
One of the greatest life lessons from Henry Ford was “Don’t find fault, find a remedy.” It is always easy to blame someone else for your mistake. It takes real courage to admit to your mistakes and even more courage to find a remedy for it. In order to taste success in life, it is always a wise idea to learn from your mistakes and find a solution for it.
3) Others’ advice is important
Henry Ford made a huge mistake when he chose to ignore the advice of his trusted advisors and also of his son. Many people warned him about other cars which were gaining popularity in the society. However, Henry Ford did not listen to their advice and did not adapt well to these changes. This resulted in Ford Motor Company being ranked at third place in the automobile industry instead of ranking first. Although the Company and Henry Ford did not lose any credibility, they would have enjoyed more success if Ford had listened to others’ advice and kept innovating new products.
4) Everyone is important
It is a common trend for business owners to cater their products to rich people. However, Henry Ford always tended to create products which could be used by everyone. After all, he created the first automobile which every middle class American could afford. He also raised the salary of every worker in his Company so they could afford the cars they were making.
Henry Ford is a true inspiration to everyone. If you think we missed any important life lessons by Henry Ford comment below and let us know.
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