SUCCESSFUL ENTREPRENEUR

America is known as a melting pot of nationalities and cultures, and it has

quickly become one of the most innovative nations to date. With driven
natural-born citizens and immigrants, America is one of the most
successful countries in terms of entrepreneurship.

From older companies such as Standard Oil, Ford Motor Company and
Carnegie Steel Company, to more contemporary companies such as
Facebook and Google, American entrepreneurs have reshaped how the
world operates. The following are the one of the most successful American
entrepreneurs in terms of world impact.

HENRY FORD

Henry Ford (July 30, 1863 to April 7, 1947) was an American automobile
manufacturer who created the Model T in 1908 and went on to develop the
assembly line mode of production, which revolutionized the industry.

Unlike Andrew Carnegie, Henry Ford was a natural-born citizen who grew
up in Michigan. Born into a family that originated from England and Ireland,
he was well off, although not wealthy. Ford was a hard-working man and
eventually completed an apprenticeship with the Detroit Dry Dock
Company. In 1891, he met with Thomas Edison and told him about his
concept of the automobile. Edison liked the idea and let Ford use his
warehouse to develop and manufacture two prototypes.

Using the prototypes, Ford soon founded the Detroit Automobile Company.
The company was short-lived, however, since the product did not meet
Ford's standards. He went on to found the Cadillac Automobile Company,
which also failed, before starting the Ford Motor Company for which he is
famous. His third attempt at a car company made him very successful, and
the company remains a going concern with annual sales of over $160
billion.

As a result, Ford sold millions of cars and became a world-famous business

leader. The company lost its market dominance but had a lasting impact on
other technological development and on U.S. infrastructure. Today, Henry
Ford is credited for helping to build America's economy during the nation's
vulnerable early years and is considered one of America's leading
businessmen.