2min chapter

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

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CHAPTER

Start Small Build-Through Earnings

Ford: A business ought to start small and build itself up and out of its earnings. If there are no earnings, this is the great part, if there are no Earnings, then that is a signal to the owner that he is wasting his time or does not belong in that business. He also noticed a tendency among many men in business to feel that their lot was hard. They worked against a day when they might retire and live on an income to get out of the strife. Life to them was a battle to be ended as soon as possible. I saw great businesses become, but the ghost of a name, because someone thought that they could be managed just as they were always managed

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