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18
November

Fixing Generators

Written by curt. No comments Posted in: Podcast

Automaker Henry Ford asked electrical genius Charlie Steinmetz to build the generators for his factory. One day the generators ground to a halt, and the repairmen couldn’t find the problem. So Ford called Steinmetz, who tinkered with the machines for a few hours and then threw the switch. The generators whirred to life–but Ford got a bill for $10,000 from Steinmetz. Flabbergasted, the rather tightfisted car maker inquired why the bill was so high.

Steinmetz’s reply: For tinkering with the generators, $10. For knowing where to tinker, $9,990. Ford paid the bill.

Henry Ford

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