Today I would like to share with you what I learned by reading My Life and Work by Henry Ford. This book is packed full of valuable lessons in business. Documenting Ford’s journey from a young man through the duration of his career.
Henry Ford was a pioneer in the automobile industry! Along the way we see a young man who was deeply driven to teach himself about the gasoline engine and build his first car. We would have early struggles in business, with two failed automobile companies.
One Ford discovers his love of 100% control over his business; we would incorporate Ford Motor Company. From its humble beginnings, Ford would grow it to great scales of the course of his career!
Along the way he would relentlessly improve his car with a keen focus on the highest level of quality and streamlines manufacturing. This would lead him to implement and perfect the assembly line, drastically increasing his output to match demand.
Ford believed in the highest quality of service first and that if you did this, the profits would follow. This was at the core of the Ford business from the early days, and he would drive this value deeply into his company. We explore this in great details so that we can fully learn Ford’s viewpoint.
We learn that Ford believed in paying his men well above market rates. This helped him reduce costs through increased productivity and reduction in turnover. He had jobs for all men regardless of their background or physical ability. If you wanted to show up and work hard, Ford had a job for you.
I am excited to share this journey with you, my friend!
My Life & Work
In-N-Out Book
Sam Walton - Made in America
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