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Henry Ford bankruptcy

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Henry Ford, for example, is widely known for his insights and innovations.

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Fords vision transformed the manufacturing process and brought the individual car to the common person.

Here are four otherthings that modern-day startup founders share with Henry Ford.

They See Potential

Before Ford, automobiles were rare and owned only by the most affluent.

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Zuckerberg also saw potential where others missed it, this time in an untapped desire for social connection.

By creating Facebook, he changed the way people communicate, share information and stay in touch.

Ford was so obsessed with lowering production costs through efficiency that he invented the assembly line.

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It would not only bring his idea of affordable cars to market, but also revolutionize industrial manufacturing.

Ford fundamentally changed the way automobiles were made and set new standards for efficiency and production.

The assembly line is still the standard approach to large-scale manufacturing despite over a hundred years of technological advancements.

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Bezos first disrupted bookstores, then retail in general, with Amazon, changing the way people shop.

A commitment to giving back is key to understanding that affluence is best used for positive societal change.

This is another area where founders show vision paying it back.

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