Lessons from the Past:  The American Dream Presented By: Travis Schachtner
The Topics of Discussion <ul><li>Give examples of the American Dream? </li></ul><ul><li>What have they done to achieve it?...
Who has built the American Dream? <ul><li>Sam Walton </li></ul><ul><li>Henry Ford </li></ul><ul><li>Rear Admiral Grace Mur...
Sam Walton <ul><li>Education:  Had a BA in Economics </li></ul><ul><li>Started the Wal-Mart retail chain </li></ul><ul><li...
How does Wal-Mart Work? <ul><li>Raw Materials </li></ul><ul><li>Manufacturer </li></ul><ul><li>Store house </li></ul><ul><...
Henry Ford <ul><li>Education:  Quit school at the age of 15 but had a natural gift for mechanics. </li></ul><ul><li>Built ...
What is the difference? <ul><li>The Assembly Line </li></ul><ul><li>Slow changing pace </li></ul><ul><li>Less product prod...
What else did he do? <ul><li>Reduced the average work day from 9 to 8 hours </li></ul><ul><li>Increased wages so that work...
Rear Admiral Grace Murray Hopper <ul><li>Education:  Ph.D. in Mathematics from Yale </li></ul><ul><li>Joined the Navy duri...
What did she do? <ul><li>Showed that the Mark-I computer could be used for something. </li></ul><ul><li>Instrumental in th...
The Equation of the Dream <ul><li>F x I /(H + D) = S </li></ul><ul><li>S=1 </li></ul><ul><li>Failure </li></ul><ul><li>Inn...
Thoughts on Failure <ul><li>Robert Kennedy:  Only those who dare to fail greatly can ever achieve greatly. </li></ul><ul><...
The Other 9 Times <ul><li>Sam Walton </li></ul><ul><ul><li>Ben Franklin’s </li></ul></ul><ul><li>Henry Ford </li></ul><ul>...
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The American Dream

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A look at how success is achieved in America.

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The American Dream

  1. 1. Lessons from the Past: The American Dream Presented By: Travis Schachtner
  2. 2. The Topics of Discussion <ul><li>Give examples of the American Dream? </li></ul><ul><li>What have they done to achieve it? </li></ul><ul><li>What can we learn from them? </li></ul><ul><li>Define what is the American Dream? </li></ul>
  3. 3. Who has built the American Dream? <ul><li>Sam Walton </li></ul><ul><li>Henry Ford </li></ul><ul><li>Rear Admiral Grace Murray Hopper </li></ul>
  4. 4. Sam Walton <ul><li>Education: Had a BA in Economics </li></ul><ul><li>Started the Wal-Mart retail chain </li></ul><ul><li>Focused on cutting unnecessary spending. </li></ul><ul><li>His innovation revolutionized the way that the middle and lower classes shop. </li></ul>
  5. 5. How does Wal-Mart Work? <ul><li>Raw Materials </li></ul><ul><li>Manufacturer </li></ul><ul><li>Store house </li></ul><ul><li>Shipping </li></ul><ul><li>Store house </li></ul><ul><li>Vendor </li></ul><ul><li>Retailer </li></ul>
  6. 6. Henry Ford <ul><li>Education: Quit school at the age of 15 but had a natural gift for mechanics. </li></ul><ul><li>Built Ford Motor Co. </li></ul><ul><li>Innovated manufacturing with the moving assembly line. </li></ul><ul><li>Innovated the way cars were marketed with the Model-T. </li></ul>
  7. 7. What is the difference? <ul><li>The Assembly Line </li></ul><ul><li>Slow changing pace </li></ul><ul><li>Less product produced </li></ul><ul><li>Many general workers </li></ul><ul><li>Higher cost of final product </li></ul><ul><li>The Moving Line </li></ul><ul><li>Constant moderated pace </li></ul><ul><li>Produced more product </li></ul><ul><li>Many specialized workers </li></ul><ul><li>Lower cost of final product </li></ul>
  8. 8. What else did he do? <ul><li>Reduced the average work day from 9 to 8 hours </li></ul><ul><li>Increased wages so that workers could afford the product </li></ul><ul><li>Revolutionized business thinking by accepting short-term losses for long-term gains </li></ul>
  9. 9. Rear Admiral Grace Murray Hopper <ul><li>Education: Ph.D. in Mathematics from Yale </li></ul><ul><li>Joined the Navy during WW II </li></ul><ul><li>Without her determination none of the technologies we enjoy today would exist. </li></ul>
  10. 10. What did she do? <ul><li>Showed that the Mark-I computer could be used for something. </li></ul><ul><li>Instrumental in the building of COBOL (Common-Business-Oriented Language) </li></ul><ul><li>Coined the term “Bug” as it refers to computers </li></ul>
  11. 11. The Equation of the Dream <ul><li>F x I /(H + D) = S </li></ul><ul><li>S=1 </li></ul><ul><li>Failure </li></ul><ul><li>Innovation </li></ul><ul><li>Hard work </li></ul><ul><li>Determination </li></ul><ul><li>Success </li></ul>
  12. 12. Thoughts on Failure <ul><li>Robert Kennedy: Only those who dare to fail greatly can ever achieve greatly. </li></ul><ul><li>Thomas Edison: I have not failed. I've just found 10,000 ways that won't work. </li></ul>
  13. 13. The Other 9 Times <ul><li>Sam Walton </li></ul><ul><ul><li>Ben Franklin’s </li></ul></ul><ul><li>Henry Ford </li></ul><ul><ul><li>Detroit Automobile Company </li></ul></ul><ul><ul><li>Henry Ford Company (Cadillac) </li></ul></ul><ul><li>Grace Hopper </li></ul><ul><ul><li>Originally not allowed in the Military </li></ul></ul><ul><ul><li>Months of failure lead to her eventual success </li></ul></ul>

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