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Ep 199 | Three Techniques To Help You Foretell The Future

Rabbi Daniel Lapin

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Henry Ford's Model T Ford

In 1908 Henry Ford decided the price of his model T Ford before he had either finished working out the actual costs of making it. He said this car must sell for a price that the average American worker could pay with less than a year's work. Today most cars sell for considerably more than most people are capable of earning after taxes in a year so not surprisingly the model T became this huge success.

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