Henry Ford was the American founder of the Ford Motor Company and father of modern assembly lines used in mass production. His introduction of the Model T automobile revolutionized transportation and American industry. He was a prolific inventor and was awarded 161 U.S. patents. As owner of the Ford Company he became one of the richest and best-known people in the world. He is credited with "Fordism", that is, the mass production of large numbers of inexpensive automobiles using the assembly line, coupled with high wages for his workers. Ford had a global vision, with consumerism as the key to peace. He did not believe in accountants; he amassed one of the world's largest fortunes without ever having his company audited under his administration. Henry Ford's intense commitment to lowering costs resulted in many technical and business innovations, including a franchise system that put a dealership in every city in North America, and in major cities on six continents. Ford left most of his vast wealth to the Ford Foundation but arranged for his family to control the company permanently.
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Henry Ford's famous quotes:
- "I am looking for a lot of men who have an infinite capacity to not know what can't be done."
- "Failure is simply the opportunity to begin again, this time more intelligently."
- "It has been my observation that most people get ahead during the time that others waste."
- "There is joy in work. There is no happiness except in the realization that we have accomplished something."
- "Before everything else, getting ready is the secret of success."
Before everything else, getting ready is the secret of success.
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