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Why Is Henry Ford A Historical Entrepreneur?

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Why Is Henry Ford A Historical Entrepreneur?
Henry Ford
Born on his family farm close to the Michigan town of Greenfield in 1863, Henry Ford left school at the of age of fifteen to work on the farm and later on, studied from a Business Institution in Detroit. Ford then moved to Detroit in 1879 to work as an apprentice in a machine shop where he spent most evenings repairing clocks and watches to accompany his low income. Here Henry Ford prepared for a career of watch manufacturing till the day that changed his life. After receiving 40 acres of land from his father to start his own farm, Henry returned to Greenfield only to spend his time trying to develop his steam road carriage and farm locomotive as he did not share his father’s liking to farming. Not settling in Greenfield, Henry Ford went back to Detroit where he worked in the Edison Illuminating company as an Engineer where his co-workers described him as someone that didn’t easily settle into one job and was constantly moving from one job to another. His mother referred to him as a “born mechanic” and childhood memories surpassed by one singular instance, the day …show more content…
Ford made sure that his cars were reliable, cheap and user friendly. He strived towards gaining the customers trust, this highlights the role of service in business.
Henry Ford experienced set back after set back but managed to make a huge success of his dreams through perseverance and not giving up, a trait needed by any entrepreneur.
Ford knew the market well and as a result, was able to see a gap and exploit it, the gap being a need for a car that is reliable, yet cheap and more importantly had the vision to see a feature past horse power and the possibilities
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