2 Historic Business Flops by Legendary Entrepreneurs Reveal a Poignant Truth About Failure

2 Historic Business Flops by Legendary Entrepreneurs Reveal a Poignant Truth About Failure
American inventor and industrialist, Henry Ford (1863–1947) posing in the driving seat of his first car, the Quadricycle, New York City, 1910. Spooner & Wells/Hulton Archive/Getty Images
Lawrence W. Reed
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In this essay, I want to tell readers about two of the last century’s big and fascinating business failures. But first, some related insights.

Lawrence W. Reed
Lawrence W. Reed
Author
Lawrence Reed is president emeritus of the Foundation for Economic Education in Atlanta and the author of “Real Heroes: Inspiring True Stories of Courage, Character, and Conviction“ and the best-seller “Was Jesus a Socialist?”
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