Most people chase money their whole lives… but Henry Ford figured out how to make money chase him.
Henry Ford didn’t just revolutionize the automobile—he rewrote the rules of wealth, success, and how to build something that lasts. While most people focus on quick wins and fast cash, Ford’s principles created empires, transformed industries, and still hold the blueprint for success over a century later. In this video, I’ll reveal the powerful lessons from Ford’s life that can help you build wealth, think bigger, and leave an impact that lasts far beyond your lifetime. These are the strategies most people overlook—but the truly successful never forget.
Stick around till the end, and if you find this video helpful or interesting, make sure to give it a like—it means a lot and helps more people see it!
#money #business #wealth #howtobecomebillionaire #henryford #rich #financialeducation
Henry Ford didn’t just revolutionize the automobile—he rewrote the rules of wealth, success, and how to build something that lasts. While most people focus on quick wins and fast cash, Ford’s principles created empires, transformed industries, and still hold the blueprint for success over a century later. In this video, I’ll reveal the powerful lessons from Ford’s life that can help you build wealth, think bigger, and leave an impact that lasts far beyond your lifetime. These are the strategies most people overlook—but the truly successful never forget.
Stick around till the end, and if you find this video helpful or interesting, make sure to give it a like—it means a lot and helps more people see it!
#money #business #wealth #howtobecomebillionaire #henryford #rich #financialeducation
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LifestyleTranscript
00:00Most people chase money their whole lives, but Henry Ford figured out how to make money
00:04chase him.
00:05Henry Ford didn't just revolutionize the automobile.
00:08He rewrote the rules of wealth, success, and how to build something that lasts.
00:13While most people focus on quick wins and fast cash, Ford's principles created empires,
00:18transformed industries, and still hold the blueprint for success over a century later.
00:23In this video, I'll reveal the powerful lessons from Ford's life that can help you
00:27build wealth, think bigger, and leave an impact that lasts far beyond your lifetime.
00:32These are the strategies most people overlook, but the truly successful never forget.
00:37Stick around till the end, and if you find this video helpful or interesting, make sure
00:41to give it a thumbs up.
00:42It means a lot and helps more people see it.
00:48Henry Ford is one of the most famous businessmen in the world.
00:51He was born in 1863 on his father's farm in Michigan.
00:55At the age of 12, when he saw the first locomotive, he decided that he would grow up and build the
00:59engine himself.
01:01Henry did not forget his goal, and in 1903, he opened the company Ford Motor, after which
01:06he began producing cars Ford A.
01:09The years of hard work were not in vain, and in 1914, there were more than 10 million cars
01:14or 10% of all the cars in the world.
01:17Ford used a unique strategy to launch mass production of cars at the time.
01:20The entrepreneur created a furor in American industry when he started using large production
01:25plants, standardized interchangeable parts, and a moving conveyor belt.
01:30Most importantly, Ford learned how to manage himself, build incredible discipline and productivity
01:34in the people he worked with, and was able to prove that any movement starts small but
01:39leads to what one desires.
01:40Next, we're going to talk about how to achieve goals of any magnitude.
01:46There is no limit to perfection.
01:47There is no end to perfection.
01:49It's better to put all your energy into perfecting a good idea you have instead of chasing a new
01:54one every time.
01:56To create a car affordable to all, Ford looked for ways to make production faster and cheaper.
02:01Ford was the first to put factory production on the assembly line, and he would perfect this
02:05idea for many years, making it ideal.
02:08Ford believed that work can be made easier through skillful management, and that making labor easier
02:13leads to cheaper production.
02:15That is why he introduced the rule, not one extra step or inclination.
02:19This was followed by two conveyor lines in the factory, where the assembly time was cut
02:23sixfold, from 12 hours to two, one for short people and one for tall people.
02:28Ford's team explored and applied any little thing if it allowed it to produce more and faster.
02:35The meaning of life is labor.
02:37The employer is obliged to work harder than his subordinates.
02:40With another author, this phrase would have been part of a motivational speech about the
02:44importance of the manager's image, who, by example, should inspire his subordinates
02:48to work harder.
02:49But Ford doesn't teach being a role model.
02:51He only saw daily meaningful work as a sure way to live life with dignity.
02:56Labor was for him the cornerstone on which the world rests.
02:59Only through work can problems be solved, not excluding world problems.
03:04Ford worked hard and demanded the same from others.
03:06He spent more time on the shop floor than in his own office.
03:09In the early years of the Ford Motor Company with limited budgets, he was at once director,
03:14chairman, chief engineer, and draftsman.
03:18Confronting Competitors Time spent fighting the competition is time
03:21lost to work.
03:22It should be clarified here that by competition, Ford meant malicious acts against his competitors.
03:28Finding dirt on your opponent, slandering them in the press, sneaking into someone else's
03:32production to sabotage them, inciting competitors' workers to strike.
03:36It was a crime for him to interfere in any way with the affairs of others.
03:41Is a competitor doing better?
03:42The only answer is to work even better yourself.
03:45The consumer will figure it out later.
03:47How unfair competition works Ford Motor Company got a taste of it in the early years.
03:53Since its founding for almost a decade, Ford would sue a group of unscrupulous automakers
03:57who wanted to use the cudgel of the patent to eliminate dangerous competitors.
04:01The wording of the patent was very descriptive.
04:03The drawing was schematic, so any car would fit the definition.
04:07While Ford was trying to prove the originality of the idea, his opponents were spreading rumors.
04:12The owners of Ford's would be prosecuted, fined, even taken to jail.
04:16He had to issue a rebuttal in the press.
04:19A detailed text described the details of the case and promised to protect the buyers from
04:23the legal costs.
04:24The insurance fund of $12 million.
04:27After the note was published, sales doubled and there were no more than 50 people who applied
04:32to the fund for help.
04:33The litigation would make Ford famous.
04:35The case would go all the way to the Supreme Court and cause a review of patent law.
04:40His name would be constantly in the headlines, first positively, then negatively.
04:44A pattern would emerge that would be confirmed more than once in the future.
04:48The more successful the Ford Motor Company, the more negative the reviews of its owner.
04:54Excess management is worse than non-existent management.
04:58When many people work together, the main evil to contend with is excess management.
05:03Ford believed that there should be no unnecessary paperwork or positions in manufacturing.
05:08Ford causes confusion and unnecessary red tape, and initiatives are lost in it.
05:13If an employee has suggestions, wishes, or complaints, he can go personally to the right
05:18manager rather than exchanging letters between departments.
05:21In the team, positions are given too much importance, which generates a desire to have even
05:26more status but not responsibility.
05:28The higher positions try to divide it among the subordinates.
05:31The result is that no one is responsible for anything.
05:35Ford suggested abolishing unnecessary regalia.
05:38The only way out is to abolish positions.
05:41Some should be kept because the law requires it.
05:43Others are necessary to society, and the rest should be taken away.
05:47If there can be informal communication between supervisor and subordinate, issues will be resolved
05:52more quickly.
05:53But it should be about production, not leisure.
05:57Ford was not an advocate of team building and a friendly atmosphere in the factory.
06:00The factory is not a living room.
06:02The worker must perform their task, not socialize with his colleagues.
06:06He does not need to know about the business of the neighboring shop.
06:10Ford was constantly criticized for this, although his position was clear.
06:14With an eight-hour shift and several 15-minute breaks, a conversation with a colleague will
06:19only distract from work or from rest.
06:23Grow a master yourself, give an expert to the enemy.
06:26We don't have a ready-made place.
06:28Our best workers create their own place.
06:31With proper diligence and talent, an employee could rise through the ranks to a management
06:35position.
06:36But you have to start at the bottom.
06:38Work at the conveyor belt was divided into three categories.
06:41The first was for newly hired people.
06:43The second was for those already trained.
06:45And the third was for the most experienced.
06:48Afterwards, a worker could move to a more complex production or become a foreman.
06:53Then a deputy site manager, a site manager, a deputy shop manager, etc.
06:58This rule was born out of Ford's interaction with the many experts who were repeatedly invited
07:03into production for advice.
07:05Ford did not work with any of them because they preferred to call too many things impossible.
07:09The craftsmen who worked their way up from the bottom did not know such words, and they
07:14often introduced impossible innovations without knowing they were impossible.
07:18No obstacles were created on the way from a simple worker to the director.
07:23Yet Ford often argued how few people were willing to take even the first step.
07:27A promotion meant more pay, more work, and more responsibility.
07:31Not all workers were ready for it.
07:33According to Ford, only 25% wanted to become foreman, and even then, most only for the money,
07:39but for the prospects of career and personal growth.
07:42The rest were satisfied with monotonous work at the assembly line, which was not too burdensome.
07:47They preferred to hold on to their jobs rather than seek promotion.
07:52Ford devoted his entire life to the production of Vehicles for All.
07:56And to make the production successful, he needed the right principles of work organization
08:01in factories.
08:02They had a sign hanging on the factory's gate saying, remember that God created man without
08:07spare parts.
08:08The businessman described his experience in the book, My Life, My Achievements, and it
08:12is still a handbook for business people all over the world.
08:15Here is what we know about the secrets of the successful production from Henry Ford.
08:20Constant improvement was a key factor in the work of the automobile king.
08:23Each employee could participate in the development of production and suggest how to make it more
08:28efficient.
08:29Work better than yesterday.
08:31Only in this way, you can provide help and services for all countries.
08:34You can always achieve that.
08:36Ford has always followed the principle.
08:38It is better to sell a large number of cars with a small profit than a small amount with
08:42a large profit.
08:44Making the impossible possible has continuously accompanied the Ford Motor Company along its
08:48development path and becoming an industry leader.
08:51I flatly refuse to think something is impossible.
08:54I do not find that there is at least one person on earth who would be adept in a certain area
08:58that they could state the possibility or impossibility of something with confidence.
09:04Everything that can be automated has become a competitive advantage of the company.
09:08At Ford's facilities, not a single matter was processed manually.
09:12Not a single process was performed manually.
09:15We don't think that any manual process is the best and the cheapest.
09:19In order to make a production perfect, it is essential to have effective management.
09:23Here is what we know about Henry Ford's management practices and secrets.
09:27When hiring employees, the businessman strongly opposed competent individuals.
09:32He believed that the wave is going to bring a capable person in the right place that belongs
09:36to him by right.
09:37Each person joining the company started from the bottom and had equal chances with everyone,
09:42and further growth and promotion were only a matter of his will.
09:45We never invite competent people.
09:47Each should start from the bottom step of the career ladder.
09:50We care nothing for the past experience.
09:52We never ask about the person's background.
09:54We do not start the past, but the person.
09:56They should have only one thing, the will to work.
10:00As for career growth, Ford was right, saying that the average employee values decent work
10:04more than promotion.
10:05The desire of workers to grow today is more of an exception than the rule.
10:09Hardly more than 5% of those who get wages would agree to take responsibility for increasing
10:14labor force or wages.
10:16Therefore, the main difficulty is not to find people who deserve a raise, but those who want
10:20to get it.
10:21The businessman said successful people get ahead during the time that others waste and having
10:26enthusiasm.
10:27You can achieve anything.
10:29Passion is a gleam in your eye, the swiftness of your walk, the strength of your handshake,
10:33the powerful burst of energy and the will to put your ideas into practice.
10:38Enthusiasts are wrestlers.
10:39Henry Ford thought that enthusiasm is the cornerstone of all progress.
10:43Only with it is success possible.
10:45Without it, you have only opportunities.
10:48Ford believed that thoughts about the future.
10:50Invest in thinking about how to do more lead to such a state of mind in which nothing seems
10:55impossible.
10:56When saving, it is easy to reach the point when it gets ridiculous, the businessman considered.
11:00It's better to teach your child how to spend money than to save it.
11:04Young people should learn to invest, not put off, Ford said.
11:07They should invest the money they earn in themselves to increase their value and usefulness.
11:12After they get to the top at what they're doing, the time will come in order to set aside
11:16most of the income as guaranteed security for the future.
11:201.
11:21Serve Others
11:22A business absolutely devoted to service will have only one worry about profits.
11:27They will be embarrassingly large.
11:29The secret to success is serving others.
11:31All successful people serve.
11:33The greater the success, the greater the service.
11:36Wealth is based on services and comes through services only.
11:39Ford said, Wealth, like happiness, is never attained when sought after directly.
11:43It comes as a byproduct of providing a useful service.
11:47How do you serve?
11:492.
11:50Focus
11:51There is no man living that cannot do more than he thinks he can.
11:55You are completely ignorant of your capabilities, so you never focus your efforts on one task.
12:00You spend an hour of your day on one thing, three hours on another thing, but you never focus
12:05on one task.
12:06When you concentrate on your life, everything impossible becomes possible.
12:11Focus.
12:12Do more than you think you can.
12:143.
12:15Be Productive
12:16It has been my observation that most people get ahead during the time that others waste.
12:21Each of us has 24 hours a day, but only a few using this time achieve success, while
12:26the rest fail.
12:27Why does it happen?
12:28The thing is that some people manage their time effectively, while others are under control
12:33of their time.
12:34Some people dictate their day, while others allow their time to dictate the direction of
12:38their way.
12:39If you fail, you fail because you are misusing your time.
12:41If you succeed, you succeed through effective time management.
12:45Are you a master of your time?
12:484.
12:49Solve Problems
12:50Most people spend more time and energy going around problems than in trying to solve them.
12:54Be sure you will get a reward for solving other people's problems.
12:58But can you solve any problem?
13:00When facing big challenges, you get a big reward.
13:03If you deal with small challenges, you get a small reward.
13:06If you solve the problems of a small number of people, the reward will be insignificant.
13:10If you solve the problems of a large number of people, you can become rich.
13:15Do not waste time going around problems.
13:17Face them.
13:195.
13:20There is nothing particularly difficult
13:22Nothing is particularly hard when you divide it into small jobs.
13:26Henry Ford said,
13:27There are no big problems, there are just a lot of small problems.
13:31When you think about it, you can really see that in fact, there is nothing complicated.
13:35You climb a mountain step by step.
13:38Individual steps are not as hard as the climb itself.
13:41Sustainable solutions to big problems, step by step, will lead to success.
13:456.
13:46Keep your eyes on the goal
13:48Obstacles are those frightful things you see when you take your eyes off your goal.
13:52Never take your eyes off your target.
13:54The goal is what motivates you, what makes you keep moving there in spite of any obstacles.
13:59You must always see what you want to become.
14:02You must see the goal like it's already achieved.
14:04You must experience it in your imagination.
14:077.
14:08Think
14:10Thinking is hard work, which is why so few people do it.
14:13It's how you get ready.
14:14It is hard work.
14:15It is where you figure out small nuances and prepare your plans.
14:19Ford said,
14:20First of all, preparation is the secret to success.
14:23Thinking is hard work, but whoever needs to do this must prepare for success.
14:28Henry Ford will forever remain the technological genius of the automotive industry, which has
14:33become an example for absolutely everyone who wants to be a winner.
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