Finally, a Businessman with a Brain
Training new employees was costing The Irish-American Henry Ford more than simply paying the existing ones better. The $5‑a‑day wage was a strategic move to stabilize his workforce, not an act of generosity.
How Henry Ford Built His Empire Without Banks
His logic was simple but radical: ‘If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s theirs.’ He wanted no part of either.
Michael Walsh Stories and Books 
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