Henry Ford’s Wealthy Mindset
I have great admiration for Henry Ford and his accomplishments. There’s no arguing that he was a visionary leader, but what I admire most about Ford was his mindset.
I can’t find the exact quote (please let me know what it is if you know it), but essentially Ford said that if he lost everything, all of his wealth and his businesses, it would be okay because he knew exactly how to build it back again. To me, that statement exemplifies the achievement of financial freedom. When you know that everything can be taken away from you and there is no panic at the idea, you have it all figured out.
Ford knew that between the personal connections he had, his financial intellect and the ability to create value, it would be nearly impossible for him to not be wealthy. But it wasn’t just that. As I was trying to dig up the quote about Ford losing everything and building it back up, I realized he really had a unique outlook and philosophy on life. Here are just a few quotes from Ford that caught my attention:
Failure is simply the opportunity to begin again, this time more intelligently.
It has been my observation that most people get ahead during the time that others waste.
Whether you think that you can, or that you can’t, you are usually right.
There is no man living that can not do more than he thinks he can.
Wealth, like happiness, is never attained when sought after directly. It comes as a by-product of providing a useful service.
As you can see, at his very core, Ford was programmed with a wealthy mindset and it is no wonder he was able to change the face of American business and industry.
By the time Ford passed away in 1947, his fortune amounted to slightly more than $1 billion. In today’s dollars, that would be the equivalent of having $4,500,000,000.
Millionaire Money Habit: Building wealth starts with the mindset and the desire. Discover what you are passionate about and find away to channel that passion in a way that provides great value, and the money will naturally follow.