Topic > A Brief Biography of Henry Ford - 522

Henry Ford can undoubtedly be considered one of the greatest entrepreneurs of all time thanks to his brilliant business strategies and exceptional entrepreneurial skills. This can be supported by the path Ford has taken in building cars for the American people. It wasn't easy either; encountered many struggles and difficulties along the way (DoNR 2010). It seemed like all competitors cared about was charging a premium price while offering the lowest quality product. Others supported the idea of ​​electric cars, yet Ford continued to maintain that there would one day be a demand for gas-powered vehicles. From the beginning, Ford has insisted that its cars be made to the highest quality. “When one of my cars breaks down it's my fault” he wrote in his book (Ford 1922). In 1905, Ford attended a race in Palm Beach and came across an interesting but critical piece to his corporate puzzle. A serious accident occurred during the race. Ford went to the crash site and surveyed the carnage. He noticed a valve stem from a French car lying on the ground. He took it and observed that it was smaller and lighter than ours...