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7 Action-Inducing Life Lessons from Henry Ford

7 Action-Inducing Life Lessons from Henry Ford

We all know Henry Ford best for founding the world-renowned Ford Motor Company and transforming the way that products are built in the United States. While it’s certainly easy to idolize someone who had so much business success, Henry Ford actually experienced many of the highs and lows that business owners still face today. However, his experience and his triumphs make for some incredible life lessons.

From enduring the Great Depression to dealing with a high turnover rate at his factory, Henry Ford had to experience several failures that all added up to his incredible, historic successes. The best part is that if you need help overcoming an obstacle today, many of his life lessons are still applicable to the 21st century.

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Life Lessons from Henry Ford

1. Seek Advice from Others

One of the biggest mistakes that Henry Ford made was not listening to some of his most trusted advisers. Many people, his son included, warned him about the rising popularity of other cars, yet Henry Ford did not adapt well to these changes. By the end of his life, although he was a wealthy man, Ford Motor Company was third and not first in the automobile industry. His company certainly did not lose any of the prestige it had in its earlier days, but had Mr. Ford kept up with innovations, he could have been more of a leader in the industry.

2. Invest in What Works

What makes Henry Ford so successful is that he took his business idea and made it bigger. Had he stayed with his original small factory, he wouldn’t be the business icon that we know today. Every time he wanted to improve his company, he invested in a much larger factory to produce more products. He even diversified and started offering more services than just automobiles. Even though all of these changes were cost intensive, Henry Ford was willing to take the risk and invest in what worked.

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3. Create For Everyone

Many successful business people have made their fortune catering to the rich, but Henry Ford created products that appealed to everyone. He even raised the salary of his factory workers to the point where they could actually afford the cars they were making. This led to reducing the turnover rate that plagued the Ford Motor Company in the early years.

4. “Don’t find fault; find a remedy.”

The above is one of my favorite Henry Ford quotes, and it’s one of his best life lessons. It’s so easy to place blame on other people or to point the finger at someone else for your mistakes. However, one of the most integral skills you can learn in life is taking responsibility for your actions. Even better, take it one step further and find a solution to the problem. This will guarantee you much success in life.

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5. Always Produce High Quality Work

Henry Ford once said, “Quality means doing it right when no one is looking,” and that is absolutely true. We should all be at our best at all times, not only when our boss is watching or our parents are watching. Creating good habits and developing into good people is much more important than getting ahead through unethical methods.

6. Have Passion For What You Do

If you don’t have enthusiasm for your work, then it’s time to find a new job! While you won’t have a perfect work day every day, having a passion for what you do will make everything more worthwhile. It might take some time to find this passion, but Henry Ford’s life lessons show us that they are worth fighting for.

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7. Anything is possible.

Last but not least, Henry Ford showed the world that anything is possible. He built an iconic company from the ground up, running it himself, buying out investors, and making it bigger and better every year. He did his research, learned from great business owners who were using assembly lines, and adapted it to fit his product. He was an innovator and someone who championed personal growth. He treated his employees well and raised their wages. He encouraged others to do the same. Like any person, he was not perfect, but his story offers some great life lessons that can still be used to this day.

In my opinion, Henry Ford is definitely worthy of his status as one of America’s great businessmen. His life lessons can certainly help all of us to stretch ourselves, dream big, remain accountable, and strive for excellence.

Which of these life lessons is most relevant to your life right now?

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Catherine Alford

Catherine is the go to personal finance expert for educated, aspirational moms who want to recapture their life passions.

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Last Updated on June 20, 2019

50 Businesses You Can Start In Your Spare Time

50 Businesses You Can Start In Your Spare Time

Most people want a few more dollars in their wallets. But between an employer and family, the time most of us can devote to a second job is severely limited. Running a small side business can provide a few more options: you don’t have to show up at a set time and you can use skills you already have. Not all will be perfect for everyone, of course, and I’m sure that you’ll have a few ideas of your own after reading this list. If you’d like to share any other business ideas, please add them in the comments.

  1. Selling collectibles — From antique books to teddy bears, there are plenty of opportunities to buy and sell collectibles. It’s important to familiarize yourself with the collectible of your choice but if you choose something that you’ve been collecting for a while, you’ve got a head start.
  2. Locating apartments — It can take time to sort through apartment listings, but you can make some money by finding the perfect apartment for a renter.
  3. Baby proofing — New parents often prefer to bring in an expert to make sure their home is safe for a new baby.
  4. Calligraphic writing — If you’ve got elegant handwriting, you can pick up gigs writing or addressing wedding invitations, holiday cards and more.
  5. Selling coupons — Search on eBay for coupons right now and you’ll see thousands of listings for coupons. It’s just a matter of clipping and listing what you find in your Sunday newspaper.
  6. Pet training — A surprising number of people don’t know where to start in training a pet. Even teaching Rover simple commands like ‘Sit’ and ‘Stay’ can bring in a few dollars.
  7. Running errands — A wide variety of people want to outsource their errands, from those folks who aren’t able to leave their homes easily to those who have a busy schedule.
  8. Researching family trees — Amateur genealogists often call in experts, especially to handle research that has to be done in person in a far off place. If you’re willing to go to a local church and copy a few records, you can handle many family tree research requests.
  9. Supplying firewood — The prerequisite for selling firewood is having a source of wood; if you’ve got some land where you can cut down a few trees, you’ve got a head start.
  10. Hauling — As more people trade in their SUVs for compact cars, hauling is becoming more important: people have to rent a truck or hire a hauler for even small loads.
  11. Image consulting — Image consultants provide a wide variety of services, ranging from offering advice on appearance to teaching etiquette.
  12. Menu planning — For many people, the trip up in eating home-cooked or healthy meals is knowing what to prepare. Meal planners set a schedule to solve certain dietary problems.
  13. Microfarming — Cultivating food and flowers on small plots of land allows you to sell produce easily.
  14. Offering notary public services — Notary publics can witness and authenticate documents: a service needed for all sorts of official documents.
  15. Teaching music — If you’re skilled with a musical instrument, you can earn money by offering lessons.
  16. Mystery shopping — Mystery shoppers check the conditions and service at a store and report back to the store’s higher-ups.
  17. Offering research services — Just by reading up on a topic and compiling a report on it can earn you money.
  18. Personal shopping — Personal shoppers typically select gifts, apparel and other products for clients, helping them save time.
  19. Pet breeding — Purebred pets can be quite value, especially if you can verify their pedigree.
  20. Removing snow — During the winter months, shoveling walks can still be a reliable way to earn money. You might be asked to take care of the driveway too.
  21. Utility auditing — As people become environmentally-concious, they want to know just how efficient their homes are. With some simple testing, you can tell them.
  22. Offering web hosting services — Providing server space can be lucrative, particularly if you can provide tech support to your clients.
  23. Cutting lawns — An old standby, cutting lawns and other landscaping services can provide a second income in the summer.
  24. Auctioning items on eBay — Want to get rid of all your old stuff? Stick it up on eBay and auction it off.
  25. Babysitting — Child care of all kinds, from babysitting to nannying, can offer constant opportunities.
  26. Freelance writing — If you’ve got the skills to write clearly, you can sell your pen for everything from blogs to advertising copy.
  27. Selling blog and website themes — Do a little designing on the side? Customers that don’t want to pay full price for a website will often pay for a template or theme.
  28. Offering computer help — Particularly with people new to computers, you can earn money by providing in-home computer help.
  29. Designing websites — It may require a little skilled effort, but designing websites remains a reliable source of income.
  30. Selling stock photography — For shutterbugs, an easy way to put a photography collection to work is to post it to a stock photography site.
  31. Freelance designing — Check with local businesses: you can provide brochures, business cards and other design work and get paid a good fee.
  32. Tutoring — Math and languages reamin the easiest subjects to find tutoring gigs for, but there is demand for other fields as well.
  33. Housesitting / petsitting — Stopping in to check on a house or pet can earn you some money, and maybe even a place to stay.
  34. Building niche websites — If you can put together a site on a very specific topic, you can put targeted ads on it and make money quickly.
  35. Translating — The variety of translating work available is huge: written word, on the spot and more is easy to find even on a part-time basis.
  36. Creating custom crafts — No matter what kind of crafts you make, there’s likely a market for it. Etsy remains one of the easiest places to sell crafts.
  37. Setting up a wi-fi hotspot — With a little bit of equipment, you can set up a wi-fi hotspot and charge your neighbors for the access they’ve been ‘borrowing.’
  38. Selling an e-book — You can write an e-book about almost anything and put it up for sale online.
  39. Affiliate marketing — If you’re willing to market other companies’ products, you can earn a cut of the sales.
  40. Renting out your spare room — From looking for a long-term roommate to listing your guest room on couch surfing sites, that spare room can make you money.
  41. Offering handy man services — Handling small household tasks can provide you with plenty of work, although you’ll probably be expected to have your own tools.
  42. Teaching an online class — Share your expertise through a website, an online seminar or variety of other methods.
  43. Building furniture — For those with the skill to create handmade furniture, selling their creations is often just a matter of advertising.
  44. Providing personal chef services — Personal chefs prepare meals ahead of time for customers, leaving their customers with a full freezer and no mess.
  45. Event planning — From planning corporate events to bar mitzvahs, an event planning business can require plenty of work and offer plenty of pay.
  46. Installing home safety products — Particularly as Baby Boomers age, people able to install handrails and other home safety products are in demand.
  47. Altering / tailoring — If your sewing skills are up to par, altering garments is coming back as people try to stretch more wear out of their clothing.
  48. Offering in-home beauty services — Hair cuts, makeup and other beauty services that can be performed at home have a growing demand.
  49. Business coaching — Helping others to establish and develop their businesses can provide many opportunities to earn money.
  50. Writing resumes — Writing resumes can provide a reliable income, especially if you can put a polish on a client’s credentials.

There are plenty of offers that claim to provide you with the opportunity to make thousands of dollars a week. Unfortunately, none of these businesses will provide that sort of income, but they aren’t scams either. They were chosen because they all require a minimum investment to get started — some require nothing more than a flyer advertising your business. Even better, if you do enjoy any of these businesses, there is a potential with most of them to continue to expand — perhaps even to the point of going full time.

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Featured photo credit: Omar Prestwich via unsplash.com

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