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Founders: #26 My Life and Work: The Autobiography of Henry Ford

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What I learned from My Life and Work: The Autobiography of Henry Ford. --- A theory of business (0:01) If an old idea works then the weight of the evidence is all in its favor. The Lindy Effect. (7:30) All people are not equal (11:00) "That is why I never employ an expert in full bloom" (15:00), "I quit my job on August 15th, 1899 and went into the automobile business" (19:30) Henry Ford's philosophy on constant change (25:00) Henry Ford's 3 conclusions about business (26:00) Traits of a prosperous business (29:45) I cannot discover that anyone knows enough about anything on this earth definitely to say what is and what is not possible. .We get some of our best results from letting fools rush in where angels fear to tread. (34:00) Fix the problem. Do not think money will be the solution. (40:00) Overcome fear. Be free. (44:00) Fuck your feelings (52:30) Henry Ford's 4 principles of business (56:00) ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to

[00:00:00] Power and machinery, money and goods, are useful only as they set us free to live. They are but a means to an end. For instance, I do not consider the machines which bear my name simply as machines. If that was all there was to it, I would do something else. I take them as concrete evidence of the working out of a theory of business, which I hope is something more than a theory of business, a theory that looks toward making this world a better place in which to live. The fact that the commercial success of the Ford Motor Company has been most unusual is [00:00:35] important only…

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