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#119 The Dodge Brothers

#119 The Dodge Brothers

FromFounders


#119 The Dodge Brothers

FromFounders

ratings:
Length:
54 minutes
Released:
Apr 5, 2020
Format:
Podcast episode

Description

What I learned from reading The Dodge Brothers: The Men, the Motor Cars, and the Legacy by Charles Hyde.This is the story of two small town machinists who became enormously successful automobile manufacturers in the early years of the auto industry [0:01]Early life and first jobs [3:02]Moving to Detroit: Arriving at the right place, at the right time, with the right skill set [6:28]Horace Dodge is a gifted engineer like Henry Royce (Founders #81) was + Inventors and bicycle manufacturers [12:00]How The Dodge Brothers first described their business [16:40]Doing work for Ransom Olds, Founder of Oldsmobile [18:20]Crucial decisions in the early days of the company [23:33]In a gold rush don't dig for gold. Sell pick axes [24:44]The Dodge Brothers almost bankrupted Ford for lack of payment [28:22]The Dodge Brothers got very rich off of Henry Ford [33:28]Why and how the Dodge Brothers built their own car [36:00]Comparing The Dodge Brothers organizational structure with that of Ford and GM [41:00]The Dodge Brothers view on advertising [43:04]How and why they worked so well together [46:13]A bond so tight it could only be separated by death [50:58]Their greatest accomplishment [52:01]“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers.”— GarethBe like Gareth. Buy a book. It's good for you. It's good for Founders. A list of all the books featured on Founders Podcast.
Released:
Apr 5, 2020
Format:
Podcast episode

Titles in the series (100)

Learn from history's greatest entrepreneurs. Every week I read a biography of an entrepreneur and find ideas you can use in your work. This quote explains why: "There are thousands of years of history in which lots and lots of very smart people worked very hard and ran all types of experiments on how to create new businesses, invent new technology, new ways to manage etc. They ran these experiments throughout their entire lives. At some point, somebody put these lessons down in a book. For very little money and a few hours of time, you can learn from someone’s accumulated experience. There is so much more to learn from the past than we often realize. You could productively spend your time reading experiences of great people who have come before and you learn every time." —Marc Andreessen