Founders #9 I Invented the Modern Age: The Rise of Henry Ford
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Jul 10, 2017 Explore the transformative impact of technological advancements on society and human behavior. Discover Henry Ford's journey from mechanic to automotive giant and the founding of the Ford Motor Company. Hear about the innovative production methods that led to the iconic Model T and the rivalries that shaped early success. Delve into the moral dilemmas of shareholders and Ford's ultimate achievement of owning his company outright, challenging Wall Street conventions. This is a captivating look into the legacy of a true pioneer.
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Ford's Inspiration
- Henry Ford, a skilled mechanic, was summoned to Detroit to repair a broken Otto engine.
- This sparked his interest in horseless carriages and led him to seek employment at Edison Illuminating Company.
Edison's Validation
- Ford met his idol, Thomas Edison, at a conference.
- Edison's encouragement validated Ford's pursuit of gasoline-powered cars, boosting his confidence.
The $5,000 Letter
- Ford's lawyer, John Anderson, wrote a persuasive letter to his father requesting $5,000 for investment in Ford Motor Company.
- The letter highlighted Ford's expertise and the company's innovative approach to assembling cars from subcontracted parts.
