Cash Course

The following are quotes from chapter 6: Machines and Men The full chapter can be read here . Now a business, in my way of thinking, is not a machine. It is a collection of people who are brought together to do work and not to write letters to one another. ​It is not necessary for people to love each other in order to work together. Too much good fellowship may indeed be a very bad thing, for it may lead to one man trying to cover up the faults of another. That is bad for both men. The work and the work alone controls us. That is one of the reasons why we have no titles. Most men can swing a job, but they are floored by a title. The effect of a title is very peculiar. It has been used too much as a sign of emancipation from work. It is almost equivalent to a badge bearing the legend: "This man has nothing to do but regard himself as important and all others as inferior." ​Titles in business have been greatly overdone and business has suffered. ​As I have said, w...

The following are quotes from chapter 5 (Getting Into Production) of Henry Ford's autobiography "My Life and Work".  I found these nuggets of information to be valuable in helping me make my own decisions about finances, money and running a business.  The full text of the chapter can be read at CashCourse.com . It is self-evident that a majority of the people in the world are not mentally--even if they are physically--capable of making a good living. ​​...it is not the employer who pays wages. He only handles the money. It is the product that pays the wages and it is the management that arranges the production so that the product may pay the wages. ​...while to-day we have skilled mechanics in plenty, they do not produce automobiles--they make it easy for others to produce them. The undirected worker spends more of his time walking about for materials and tools than he does in working; he gets small pay because pedestrianism is not a highly paid line. ​​We ...

The temptation to stop and hang on to what one has is quite natural. I can entirely sympathize with the desire to quit a life of activity and retire to a life of ease. ​ "When one of my cars breaks down I know I am to blame." ​The salesmen, before I had announced the policy, were spurred by the great sales to think that even greater sales might be had if only we had more models. It is strange how, just as soon as an article becomes successful, somebody starts to think that it would be more successful if only it were different. ​"Any customer can have a car painted any colour that he wants so long as it is black." ​The selling people could not of course see the advantages that a single model would bring about in production. Chapter 4 can be read in its entirety at CashCourse.info . Robinhood.com

My Life and Work Henry Ford 1922 Quotes From Chapter 3: Starting the Real Business I have always kept well within my resources. I have never found it necessary to strain them... Among the requirements for an agent...a suitable place of business clean and dignified in appearance. Among the requirements for an agent...Absolute cleanliness throughout every department. There must be no unwashed windows, dusty furniture, dirty floors.