Tag Archives: Henry Ford

Success Quotes from History’s Greatest Entrepreneurs

While there’s an abundance of contemporary entrepreneurs worth quoting, I’ve long had a fascination with legendary entrepreneurs who built many of the early cornerstone industries of the 20th century and earlier. From Henry Ford to Ray Kroc and Coco Chanel to Estee Lauder, they all faced enormous odds in not only creating new business models but in changing the very ...

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Innovation from the Summer of 1927 – Part II

This is the second in a series of articles based on Bill Bryson’s One Summer: America, 1927, which takes a whirlwind tour through a series of major events that occurred in the summer of 1927.  Bryson relays the story of the architect Harvey W. Corbett, whose ambitions were larger than physics would permit.  Corbett, Bryson notes, “predicted that skyscrapers would ...

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The Truth Behind the Faster Horse Myth

According to legend, Henry Ford scoffed at market research and what we now call Consumer Insights, proclaiming, “If I had asked people what they wanted, they would have said faster horses.” While there is a certain degree of wisdom in this statement, it has been misquoted to justify bad, hubris-inspired product failures by too many corporate egos.

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The Access Economy

When Henry Ford started his company in 1903, he did more than just create a car or an assembly line (neither of which he actually invented). What he did was establish an entirely new form of organization, culminating in the vertically integrated River Rouge complex that was completed in 1928.

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A Word About Assumptions: Part One

Reality is basically a series of assumptions we make about the world around us. Most of those assumptions are safe and sensible. Indeed, if you were to question every assumption all day long, you'd soon go mad. However, some assumptions are not reliable, either because they are based on misunderstandings or because the bases of those assumptions have changed. For instance..

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Building Something Other Than a Faster Horse

Eighty six years ago the intrepid and amazing Henry Ford and his Ford Motor Company introduced the Model A to the world. We have been amazed and enamored over the past few years at the long lines when a new Apple product has been introduced. But we have only to look back 86 years to witness a product rollout far more impressive in scale and magnitude.

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