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Henry Royce

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12
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2019-07-22
most recent
2019-07-22
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1
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  1. “Royce is striving for perfection in everything he did was epitomized by a comment he made to a local person in this village that he was living after he had stripped and rebuilt this person's lawnmower. This is a direct quote from Henry Royce and his motto for life. Whatever is rightly done, however humble, is noble.”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source

  2. “Royce is about high quality, almost handmade kind of production. So it says, I remember Royce carefully explaining to me as a child how a hot rivet never filled a hole when it cooled. A cold rivet was punishing the metal too much. So we made taper bolts fitted perfectly in a hand reamed hole, something Henry Ford would never do, making things by hand. That's absurd to him. It is such details that explain the difference between Rolls-Royce and other cars and Rolls-Royce quality. Also, Royce himself, who taught us all the principles which carried on in the whole organization.”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source

  3. “Frustrated with the inadequacies of the, I don't know how to pronounce this car brand. It's DeCalville. She said frustrated with the inadequacies of this whatever brand, although in many ways by the standards of the day, it was advanced, and therefore he saw he could build on it. Royce decided in the spring of 1903 to make a prototype car of his own. Some have tried to give the impression that it was almost by chance that Royce became involved in designing a motor car. Royce was not a man to rely on chance. He saw that the motor car had a great future and that it would be an ideal product for his business. And this is just a fantastic, especially for people that are listening to this that are not already entrepreneurs, but I get a lot of DMs and emails from people that have been inspired to take the leap from the podcast. This is a really good way to identify an opportunity for entrepreneurs, whether existing or soon to be. He says there was never revolutionary about Royce's car.”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source

  4. “Small businesses, life was precarious. Royce told an interview many years later, and this is a direct quote from him for many years I worked hard to keep the company going through its very difficult days of pioneering, personally keeping our few machine tools working on Saturday afternoons when men did not wish to work. That's what I mean. He basically just worked. If he was awake, he was working. And I remember many times our position was so precarious that it seemed hopeless to continue. I think that's an important point, especially when I found that highlight or when I read that and I highlighted it was there's an alternate history where somebody in this case where Roy says, okay, you know what? Like this is hopeless. I've come to the decision that I'm going to give up, which is extremely common. And I don't even think many people would blame him if he did that. But think about all the stuff that he would have missed out on if he would have quit right then.”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source

  5. “Of conductor in efficiency and the economy of distribution of electricity, and also afterwards, the scheme of maintaining a constant potential at a distant point. Both of these are successfully applied. In the early days, I discovered and demonstrated the cause of broken wires and dynamos through the deflection of the shafts by weight and magnetism.”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source

  6. “Later Royce said of his skills at the time, so now this is a direct quote from Royce. So he says, in dynamo work, so a dynamo is a machine for converting mechanical energy into electrical energy. Sometimes it's also referred to as a generator. And so Roy says, in dynamo work, in spite of insufficiently ordinary and technical education, he's describing himself, I managed to conceive the importance of sparkless communication, the superiority of the drum wound armature for continuous current dynamos. Royce and Company of Manchester became famous for continuous current dynamos which had sparkless communication in the days before carbon brushes. It's not important to know the details, just know that he's innovating in the field that he just entered. While at Liverpool from 1882 to 1883, I can see the value of the three wire systems.”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source

  7. “And they were hired to light do all the street lighting in Liverpool. And he's right around 20 years old at this time. So he's doing that work for a while. However, the company winds up going out of business. So it says by the end of May 1884, the company went into liquidation. And Royce, who had saved 20 pounds, set up a business and he called that business FH Royce& Company. So said FH Royce& Company started with small items for individual sales, such as electric bell set and quickly moved into subcontract work, producing bulb holders, switches, fuses, and filaments as well as complete bulbs and registering instruments. So we just took the skill that he was trained in, which was electrical engineering, and applied it to products that he thought solved problems that he noticed at work. But they soon moved on to complete installations.”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source

  8. “So he's an apprentice at 14 at the Great Northern Railway Works. He went to evening classes in English and mathematics and learned a great deal about manufacturing and fitting in the workshop. Unfortunately, after three years, the ant felt unable to continue her support. This was a serious setback for Royce. Since failure to complete his premium apprenticeship denied him what was known then as skilled status. However, Royce found work as a toolmaker with the Leeds Engineering Firm. The firm was called Greenwood and Bateley, although it did not take long for Royce to secure this job, it was a very worrying time. So just to pause right here, think about this, you're 17 years old, you're extremely poor, your father's dead, a lot of the family, most of his family had moved to Canada at this point. He had really no support system, so you have two options. Like you're either going to fail and fall into a life of poverty or you're going to pull yourself out of it.”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source

  9. “Fortunately, when he was 14, an aunt on his mother's side agreed to pay twenty pounds a year, about $2,200 in today's terms, for him to be an apprentice at the great Northern Railway work. So interesting. W.O. Bentley, the guy that...”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source

  10. “Of this Henry's early life was steeped in poverty. So this is James proved to be unreliable and seemed unable to apply himself consistently, probably due to his suffering from Hotchkin's disease. By the time Henry Royce was born in 1863, he was in financial trouble and was forced to mortgage the mill. James died in eighteen seventy two in a poor house at the age of only forty one. So therefore Henry Royce therefore knew poverty in his early life and even before he was four he was earning money, birds scaring in the fields. After his father died, he sold newspapers and he also delivered telegrams. So he said to start working right away to try to help the family. And Royce was a bit of a workaholic is what you would describe him as today to the point where he almost, he's almost worked himself to death.”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source

  11. “So many years before Royce met Rolls, he was already an engineer by training. He already had started on the company. I'm going to go back to his early life in a minute. But what I found interesting is Royce started making cars, not necessarily by accident, but basically out of necessity. He was already had a business where he was making electric motors and electric cranes. Cranes used for lake and ports and moving heavy equipment, things like that. So we're going to learn a little bit about why Royce had to make the jump into making cars. He said, helping Royce make the decision to build three prototype motor cars in the autumn of 1903 was the post-war slump, which left Royce LTD, that's his company that was making motors and cranes, among with many others with spare capacity. Royce mindful of the survival of his company”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source

  12. “And the reason for this was that I wanted to be able to recommend and sell the best cars in the world irrespective of origin. The cars I sold were, I believe, the best that could be got at that time, but somehow I always had a sort of feeling that I should prefer to be selling English instead of foreign goods. In addition, I could distinctly notice a growing desire on my part on the part of my clients to purchase English made cars. Yet I was disinclined to embark in a factory and manufacture myself, firstly on account of my own incompetence and inexperience in such matters, and secondly on account of the enormous risks involved. At the same time, I could not come across any English made card that I really liked. Eventually, however, I was fortunate enough to make the acquaintance of mister Royce, and in him I found the man I had been looking for.”

    2019-07-22 · Founders · #81 Henry Royce (Founder of Rolls-Royce) · IDENTIFIED FROM THE TRANSCRIPT · source