How did Henry start his business?
Sources:
Henry Ford's strategy for starting his business was centered on starting small and building incrementally through earnings, rather than seeking large amounts of external funding or loans. He believed in creating a business that could grow organically from its profits. He emphasized that a lack of earnings was an indication that one was not suitable for that particular business and should reconsider their involvement. His approach was to progress slowly, starting with producing a few units (such as cars) daily and scaling up as the business became more stable and successful. This philosophy allowed Ford to adapt and grow in a sustainable way, aligning production capacity with actual market demand and financial stability 1.
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