A Quote by Elon Musk
When Henry Ford made cheap, reliable cars people said, 'Nah, what's wrong with a horse?' That was a huge bet he made, and it worked.
Related Quotes
Henry Ford made a lot of money making cars at one time, but that was a small advantage to him compared to the benefit to millions of people who for the first time in their lives were emancipated from common public carriers and could live where they wanted, move at the hours they wanted, to the places they wanted. Ford collected a billion bucks, but that was peanuts compared to the benefits.
This relationship is the foundation for the argument, made by some trade unionists and labour advocates, that high wages can actually be "good for business". The precedent set by Henry Ford in 1914, who offered workers $5.00 per day (a very high wage at the time) so they could afford to buy the same cars they made, is often invoked.
Henry Ford has several times sneered at unproductive stockholders.... Well, now. Let's see. Who made Henry Ford's own automobile company possible? The stockholders who originally advanced money to him. Who makes it possible for you and me to be carried to and from business by train or street car? Stockholders.... Who made our vast telephone and telegraph service possible? Stockholders.... Were stockholders all over the country to withdraw their capital from the enterprises in which they are invested, there would be a panic ... on a scale never before known.
Historical fact: People stopped being people in 1913. That was the year Henry Ford put his cars on rollers and made his workers adopt the speed of the assembly line. At first, workers rebelled. They quit in droves, unable to accustom their bodies to the new pace of the age. Since then, however, the adaptation has been passed down: we've all inherited it to some degree, so that we plug right into joy-sticks and remotes, to repetitive motions of a hundred kinds.
I worked for John Ford, Howard Hawks, Henry Hathaway, Raoul Walsh - I worked for some real good directors.
It's really hard to design products by focus groups. A lot of times, people don't know what they want until you show it to them. As Henry Ford said many years earlier: "If I had listened to my customers, I would have built a faster horse." Inventions in general express Shannon entropy. They come from the supply side.
This kind of inequality - a level that we haven’t seen since the Great Depression - hurts us all. When middle-class families can no longer afford to buy the goods and services that businesses are selling...it drags down the entire economy from top to bottom. America was built on the idea of broad-based prosperity... That’s why a CEO like Henry Ford made it his mission to pay his workers enough so that they could buy the cars he made. It’s also why a recent study showed that countries with less inequality tend to have stronger and steadier economic growth over the long run.
The punk rockers said, 'Learn three chords and form a band.' And we thought, 'Why learn any chords?' We wanted to make music like Ford made cars on the industrial belt. Industrial music for industrial people.
I did my version of g-funk and I made it into a genre, I made it huge, I made it worldwide. That's what I created, and the rest of the guys I worked with like Snoop Dogg, like Dr. Dre. We created that.
I like the story about Henry David Thoreau, who, when he was on his death bed, his family sent for a minister. The minister said, 'Henry, have you made your peace with God?' Thoreau said, 'I didn't know we'd quarreled.
I like the story about Henry David Thoreau, who, when he was on his death bed, his family sent for a minister. The minister said, 'Henry, have you made your peace with God?' Thoreau said, 'I didn't know we'd quarreled.'
My grandfather and dad worked at General American Transportation Corp. in Chicago, a company that made tank cars and freight cars. We had a pragmatic, Republican, manufacturing, Illinois consciousness as far as employment went.
After I left school at 16 I had three jobs: I worked in a ceramics factory, where I made toilet handles, I repaired cars for people and in the evenings and weekends I worked in a bar. I had to do them all to make ends meet.
I wish I was making movies back in the days when John Ford made movies and you were a director under contract to a studio. John Ford had years when he made three movies in a year.
Like I've said, you've got to bet on yourself sometimes... I bet on myself and it worked.
Facebook I would've liked, but I made a huge mistake, and I made it a public page, and it didn't work out for me. I just put my name on it, and I didn't know how Facebook worked.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman