Ford Family – Passing Wealth Down The Generations

wealthymatters,comTo pay for the New Deal, meant to pull America out of the Great Depression, FDR raised taxes in America.A per the new tax laws in 1935, taxes were raised to 50 percent on estates over $4 million and to 70 percent on those over $50 million.Henry Ford didn’t like the implications of these taxes for his business.You can read about his reasoning in these excerpts from newspapers of that time:,5720783 Read more of this post

Tackling Sales

wealthymatters,comEvery business begins with a single sale.And its pretty obvious that no sale means no business.

For most businesses their founders are expected to be their best salespeople.After all who can be more enthusiastic  or dedicated?So what do you do if sales is really not your thing?

Henry Ford had 161 patents granted to him.He knew his product and knew ways of bettering his manufacturing processes.But he was not much good at sales.Here is an article that sheds light on how Henry Ford tackled sales in the initial years.Read and learn: Read more of this post

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