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My father always used to say that when you die, if you’ve got five real friends, then you’ve had a great life.
One of the things the government can’t do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt.
Apply yourself. Get all the education you can, but then, by God, do something. Don’t just stand there, make it happen.
The only rock I know that stays steady, the only institution I know that works, is the family.
A guy named Charlie Beacham was my first mentor at Ford. He taught me the importance of the dealers, and he rubbed my nose in the retail business.
Every business and every product has risks. You can’t get around it.
In the end, all business operations can be reduced to three words: people, product, and profits.
Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can’t miss.
There are times when even the best manager is like the little boy with the big dog, waiting to see where the dog wants to go so he can take him there.
I have found that being honest is the best technique I can use. Right up front, tell people what you’re trying to accomplish and what you’re willing to sacrifice to accomplish it.