TIP135: Henry Ford & the Secrets of his Success w/ Christopher Whalen (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
Stig Brodersen
4.6 • 3.6K Ratings
🗓️ 23 April 2017
⏱️ 37 minutes
🧾️ Download transcript
Summary
IN THIS EPISODE, YOU’LL LEARN:
- How Henry Ford almost destroyed his company several times.
- How Henry Ford closed down the entire banking system in the US.
- Why the product launch of the Ford Edsel in 1958 is still considered the best marketing case today.
- Two takeaways from Ford Motor Company that all business owners should know.
BOOKS AND RESOURCES
- Christopher’s Whalen’s book, Ford Men – Read reviews of this book.
- Jesse Jones’ book, Fifty Billion Dollars – Read reviews of this book.
- Christopher Whalen’s website.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to TIP. |
| 0:02.4 | Hey, how's everyone doing out there this week? |
| 0:04.9 | We got a very exciting episode for you. |
| 0:08.2 | One of the people that we have never covered is the one and only Henry Ford. |
| 0:14.8 | If Henry Ford was around today and you took his net worth and you looked at it from an inflationary |
| 0:20.6 | impact here in 2017, Henry Ford would be worth $199 billion. |
| 0:27.9 | That's twice as much as Warren Buffett. |
| 0:31.1 | To say his impact was huge would be the biggest understatement ever, but there's a little |
| 0:36.1 | catch with Henry Ford. |
| 0:38.6 | Our guest today, his name is Christopher Whalen. |
| 0:42.2 | Christopher Whalen has done a ton of research on Henry Ford and what it was that made him |
| 0:47.5 | so successful. |
| 0:49.2 | I think when you hear this interview, you're going to be very surprised because it might |
| 0:53.8 | be a little bit different than the history that you studied, maybe in your high school, |
| 0:58.3 | history class or your college history class because some of the facts that Mr. Whalen's |
| 1:02.8 | going to disclose today are going to really surprise you about Henry Ford. |
| 1:06.6 | In this episode, you'll learn the true and fascinating story about Henry Ford and the Ford |
| 1:11.5 | dynasty. |
| 1:12.5 | We will learn how this great company was built and it's lasted for more than a century, |
| 1:17.8 | perhaps not because of the Ford family, but just as much despite the family. |
| 1:23.5 | Our guest will teach us that contrary to public belief, him, Ford didn't invent the |
| 1:28.1 | assembly line. |
... |
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