I came across this simple story posted by Carl Richards, a friend of mine and it made me really think about our value and how it changes depending on where we are.
A daughter’s graduation
‘A father told his daughter, “Congratulations on your graduation. I bought you a car a while back. I want you to have it now. Before I give it to you, take it to a car dealer in the city and sell it. See how much they offer.”
The girl came back to her father and said: “They offered me £10,000 because it looks very old”.
Father said: “Ok, now take it to the pawn shop”.
The girl returned to her father and said: “The pawn shop offered £1,000 because it’s a very old car and a lot of work needs doing”.
The father told her about a car club with experts who could value the car.
The girl drove to the club. She returned to her father after a few hours and told him, “Some people in the club offered me £100,000 because it’s a rare car in good condition.”
Then the father said, “I wanted to let you know that you are not worth anything if you are not in the right place.
If you are not appreciated, do not be angry, that means you are in the wrong place. Don’t stay in a place where no-one sees your value.”
Know your worth and know where you are valued. A diamond doesn’t shine at the bottom of a cave.’
It makes you think
Sometimes the simplest stories are the most poignant and they can make you assess where you are in life and how things are going. It is always a good idea to take stock of your current situation and just check if you are on track and in the right role.
Henry Ford failed with a few ventures, but he didn’t give up. He kept trying until through sheer determination and persistence he broke through to success.
‘Born in Greenfield Township, Michigan, in 1863, Henry Ford was the industrialist who started Ford Motor Company, which has been one of the most profitable automotive companies in the world over the years, making him into one of the richest and most famous individuals on the planet.
However, while Ford celebrated many successes later in life, he also failed often in his earlier years.
In fact, it wasn’t until 1891, when Ford was 28-years old, that he decided to become an engineer, working for the Edison Illuminating Company and earning a promotion in 1893 at the age of 30, to Chief Engineer. It was around this time when he started experimenting with gasoline engines.
His first business
However, it wasn’t until 1898, when Ford was 35-years old, when he designed and built a self-propelled vehicle that he showed off to people, winning the backing of William H. Murphy, who, at the time, was a lumber baron in Detroit. Subsequently, Ford founded the Detroit Automobile Company a year later in 1899.
In 1901, however, that company failed after an inability to pay back a loan to the Dodge brothers and due to inefficiencies in the design of the vehicle; the company ceased operations, dealing a stealthy blow to Ford.
However, subsequently, Ford convinced one of his partners to give him another chance. With mounting pressure, it was agreed that he would try again. But after disagreements, this venture also flopped.
He didn’t give up and kept trying
It wasn’t until 1903, when Ford would give it one final shot. At the age of 40-years old, after two separate failures, he tried again, incorporating the Ford Motor Company.
Even after the failures, Ford found an unconventional backer who he made agree not to meddle in the business. He found this in Malcolmson, a Scottish immigrant who had made his fortune in the coal industry.
Afterwards, what transpired is one of the most famous stories of an individual who went from failure to success in the grandest way. The Ford name is synonymous with the automobile.
In fact, while the assembly line existed prior to Ford’s arrival on the scene, so to speak, he created a car that was affordable by the everyday family, helping to develop what was to become the largest boom in the automotive industry.’
Thoughts for the week
- Have you failed over and over again?
- Have you given up hope because of this?
- Henry Ford failed but kept going and the rest is history.
- It is much easier to give up than to carry on, but if you carry on there is a chance of success.
- However, if you give up, failure is guaranteed!
Well, that’s it for this week, have a wonderful weekend and keep believing.