Is Losing the Secret Ingredient for Success

Topics: Ford Motor Company, Henry Ford Company, Lincoln Pages: 2 (516 words) Published: December 1, 2009
Is losing the secret ingredient for success? Does failure lead to success? How do we know when we reach success? Probably the greatest example of persistence is Abraham Lincoln. He was born into poverty; Lincoln was faced with defeat throughout his life. He lost eight elections, twice failed in business and suffered a nervous breakdown. He could have quit many times, but he didn't and because he didn't quit, he became one of the greatest presidents in the history of our country. 1833 Borrowed some money from a friend to begin a business and by the end of the year he was bankrupt. He spent the next 17 years of his life paying off this debt. 1835 was engaged to be married, but his sweetheart died and his heart was broken. 1854 he ran for Senate of the United States and lost. Finally in 1860 he was elected president of the United States. Henry Ford is and another great example of persistence and never giving up. Henry Ford was the American founder of the Ford Motor Company and father of modern assembly lines used in mass production. His introduction of the Model T automobile revolutionized transportation and American industry. He was a prolific inventor and was awarded 161 U.S. patents. As owner of the Ford Motor Company, he became one of the richest and best-known people in the world. Murphy and other stockholders in the Detroit Automobile Company formed the Henry Ford Company on November 30, 1901, with Ford as chief engineer, However Murphy brought in Henry M. Leland as a consultant. As a result, Ford left the company bearing his name in 1902. With Ford gone, Murphy renamed the company the Cadillac Automobile Company. His life wasn’t all great in the beginning he lost his mother at a young age. He also failed multiple times before creating a successful Model T automobile. Michael Jordan joined the NBA's Chicago Bulls in 1984. He quickly emerged as a league star, entertaining crowds with his prolific scoring. His leaping...
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