Henry Ford vs. Walter Chrysler
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walter-chrysler_kYPA5.jpg (1221x1600 pixels) | Henry Ford vs. Walter Chrysler | Scoop.it
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Walter Chrylser was born on April 2, 1875 in Wamego, Kansas. He spent his early years as a machinist and railroad mechanic all around the West.

 

In 1911, Chrylser met with an executive of General Motors who was interesting in Chrylser working with automobiles. He became the works manager for Buick. He eventually became president of Buick until he resigned after his contract was up in 1919. After that he acquired Maxwell Corporation later turning it into Chysler Corporation in 1925. Chrysler was 50 years of age at the time. In 1928 Chrysler purchased Dodge. To this day Chrysler and Dodge are around making new cars.

 

http://www.kshs.org/kansapedia/walter-p-chrysler/12015

http://www.history.com/this-day-in-history/walter-chrysler-born

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Factors for a Successful Business

Factors for starting a business.

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Today there are many similarities in starting a successful business as there were in the 1900s. The qualities of an entrepreneur are still relevant today. Back then, however, there wasn't as large a market as there is today so it may be much harder to get an idea out there for the public. The competition is very high and many ideas could be already taken by someone on the other side of the world. It isn't easy to run a successful business but in those times and now, it can be very rewarding.

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Comparing and Contrasting

Comparing and Contrasting Chrysler and Ford.

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Both men showed determination in getting what they wanted. Their education mainly consisted of apprenticeships and working in other industry based fields of that time. They did not find their major companies until later in their lives after they had worked for others. Ford had always tried to invent different vehicles while Chrysler's automobile career consisted of managing companies. Ford was an engineer early on while Chrysler was a railroad worker. Their rising to success was very similar in how they were brought up in their early years.

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Chrysler, Today

Chrysler today.

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Chrysler is now run by Sergio Marchionne (CEO). He purchased the company in 2011 after the company fell on hard times. Chrysler is a limited liability corporation and is not traded publicly. They are still producing cars to this day.

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blog-Ford-110910.jpg (1744x2226 pixels) | Henry Ford vs. Walter Chrysler | Scoop.it
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Henry Ford was born on July 30, 1863 in Greenfield Township, Michigan. He founded Ford Motor Company. Ford was born on a farm and had 4 siblings. He took apart a pocket watch given to him by his father at 15. He would repair people's watches in the town after that. Ford became an apprentice machinist in Detroit then later began operating steam engines.

 

In 1891, Ford worked for Edison Illuminating Company as an engineer. He worked on his own experiments and developed the Ford quadricycle. In 1901 Ford built a 26-horsepower vehicle and raced it with success. He then formed Henry Ford Company but later left due to ownership issues. 

 

 

In 1903, Ford Motor Company was founded by Ford and a team of investors. He was 40 at the time. The company used innovative techniques such as mass production and the assembly line. The production of the Model T in 1908 was a great success by the company.

 

http://www.history.com/topics/henry-ford

http://www.hfmgv.org/exhibits/hf/

http://inventors.about.com/od/fstartinventors/a/HenryFord.htm

 

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Benefits to Society

Benefits to Society | Henry Ford vs. Walter Chrysler | Scoop.it
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The achievements by these men have made travel much faster over the past century. The companies these men owned resulted in advanced technology changing business forever. The automobile has so much to do with people's lives and has grown a large following of businesses in its path. So many companies today have to do with automobiles. The automobile drives the working class and is responsible for much success in America. Owning an automobile is a great part of the American Dream.

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Ford, Today

Ford, Today | Henry Ford vs. Walter Chrysler | Scoop.it

Ford in 2013

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Ford is now run by William C. Ford, Jr. (Executive chairmen) and Alan R. Mulally (President and CEO). The companies net worth is $45 billion. They continue to make cars today and are to this day a successful company. Currently stock in Ford goes for $13.46 a share.

 

http://www.theirnetworth.com/Businesses/Ford/

http://www.marketwatch.com/investing/stock/F

 

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