The lessons of Henry Ford one of Americas greatest business innovators are as fresh and vital today as they were in 1922 when this extraordinary book was first published. Though the title suggests the autobiographical this is in fact a bible of business philosophy from the man many considered insane for the very innovations we hail as visionary today: the assembly line reduced working hours a minimum wage the five-day work week. Ford explains: . how his experiences as an employee influenced his philosophies as an employer . why saving money isnt always a good thing . the absolute worst time to approach a bank for a loan . why lowering prices below production costs can be a smart move . and much more. Its easy to see that much of Fords wisdom has been forgotten today-and that individual entrepreneurs and global corporations alike would do well to take another look. American entrepreneur inventor and philanthropist HENRY FORD (1863-1947) was born in Michigan and trained as a machinist and engineer before founding in 1903 the Ford Motor Company.
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