Monday, 19 January 2015

THE SUCCESS STORY OF ONE GREAT MOTO COMPANY FOUNDER---Henry Ford. You Too Can be.

                                       HENRY FORD                                

Henry Ford

From; Entrepreneur.

Founder of
Ford Motor Co.
Founded: 1903
You have to do something to become some one. That was what exactly the great founder of Ford Motor did. The man Henry Ford took the challenges to his own care, remember, he did not position money first rather, his whole anticipation was on how to make a motor car less in price to benefit man kind. Try to add value to lives in turn the law of nature will add to you abundantly. Go ahead and share with his short story about his success, you too can be successful by sharing his little story of life:


"I will build a motor car for the great multitude.it will be so low in price that no man will be unable to own one."-Henry Ford
Henry Ford was nearly
40 when he founded Ford Motor Co. in 1903. At the time, "horseless carriages" were expensive toys available only to a wealthy few. Yet in just four decades, Ford's innovative vision of mass production would not only produce the first reliable, affordable "automobile for the masses," but would also spark a modern industrial revolution.
Ford's fascination with gasoline-powered automobiles began in Detroit, where he worked as chief engineer for the Edison Illuminating Co. The automobile offered the promise of a bright new future.a future Ford wanted to part of. So in 1891, Ford began devoting his spare time to building what he called the "Quadricycle"-a crude contraption that consisted of two bicycles placed side by side, powered by a gasoline engine. After working on the Quadricycle for nearly a decade, Ford took Detroit lumber tycoon William H. Murphy for a ride in his hand-built automobile. By the time the ride was over, they were in business.
The Detroit Automobile Company opened in 1899 with Ford as superintendent in charge of production. But the venture only lasted a year. Ford could build a car, but he couldn't build them fast enough to keep the company afloat. Undaunted, Ford hatched a new plan-to build a racer. Ford saw racing as a way to spread the word about his cars and his name. Through the notoriety generated by his racing success, Ford attracted the attention of the backers he needed to start Ford Motor Co. in June 1903.
Ford set up shop in a converted wagon factory, hired workers, then designed and produced the Model A, the first of which he sold to a Chicago dentist in July 1903. By 1904, more than 500 Model A's had been sold.
While most other automakers were building luxury-laden automobiles for the wealthy, Ford had a different vision. His dream was to create an automobile that everyone could afford. The Model T made this dream a reality. Simpler, more reliable and cheaper to build than the Model A, the Model T-nicknamed the "Tin Lizzie"-went on sale in 1908 and was so successful within just a few months that Ford had to announce that the company couldn't accept any more orders-the factory was already swamped. Ford had succeeded in making an automobile for the masses, but only to create a new challenge.how to build up production to satisfy demand. His solution? The moving assembly line.
Ford reasoned that if each worker remained in one assigned place and performed one specific task, they could build automobiles more quickly and efficiently. To test his theory, in August 1913, he dragged a chassis by rope and windlass across the floor of his Highland Park plant-and modern mass production was born. At peak efficiency, the old system had spit out a finished Model T in 12 and a half working hours. The new system cut that time by more than half. Ford refined and perfected the system, and within a year it took just 93 minutes to make a car.

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