The Knowledge Project with Shane Parrish

#231 Outliers: Harvey Firestone – Men and Rubber

Most people fear a $43 million debt. Harvey Firestone called it “invigorating.” When his company faced collapse in 1920 and his executives panicked, Firestone seized control. He fired the sales manager, slashed prices 25%, and personally ran the sales department. It worked—not because he managed through fear, but through clarity. Firestone was the founder of the Firestone Tire and Rubber Company—an outsider who built one of America’s iconic industrial empires by doing the opposite of what everyo...