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Henry Ford
Henry Ford, the thirteenth richest man in American history, is a terrific example of how passion, focus, faith and persistence are more important for an entrepreneur than any external factor.
While not considered to be a highly educated individual, Ford was none the less a brilliant person. He started as an inventor. His main interest was in crating gasoline powered automobiles.
He created the Model T, a revolutionary passenger vehicle for the time. It became the staple and brought the industry to new heights.
His innovations did not stop there, and neither did the fortune which he continued to build. He further revolutionized the automobile industry by developing the first assembly system for car manufacturing, and he also created the first single block eight cylinder engine.
Most people thought this to be an impossible feat, and if it were not for Ford’s vision, faith, and unwillingness to give up, it may not have made its appearance until much later.
Ford reached the pinnacles of wealth throughout his life. By the time of his death in 1947, Mr. Ford had a fortune of over $54.3 Billion dollars. And on top of this he had created thousands of quality jobs to others.
Not only did he know how to make a lot of money, but he also was very generous to give it away. He gave away a great deal of his money to the Ford Foundation.
Ford is the perfect example of the entrepreneurial spirit. An in depth look at him is very beneficial to all aspiring business owners, entrepreneurs, and millionaires.
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