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There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.
Henry Ford
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Henry Ford
Age: 83 †
Born: 1863
Born: July 30
Died: 1947
Died: April 7
Business Magnate
Engineer
Entrepreneur
Industrialist
Inventor
Journalist
Peace Activist
Politician
Racing Automobile Driver
Writer
Dearborn
Michigan
Economy
Industrialist
Quality
Lowest
Possible
Wages
Business
Paying
Best
Goods
Make
Rule
Cost
Highest
More quotes by Henry Ford
I found that competition was supposed to be a menace and that a good manager circumvented his competitors by getting a monopoly by artificial means.
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If you think you can or cannot accomplish a task, you will be correct in either case.
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A man's real education begins after he has left school. True education is gained through the discipline of life.
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The whole key of the profitable everyday living will be to discover out what's one's future to try and do, and after that do it.
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It is always possible to do a thing better the second time.
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The question who ought to be boss is like who ought to be the tenor in the quartet? Obviously, the man who can sing tunor.
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..Yet if today has no meaning, the past was a Blank and the future is a Chaos.
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Many people are busy trying to find better ways of doing things that should not have to be done at all. There is no progress in merely finding a better way to do a useless thing.
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If everyone is moving forward together, then success takes care of itself.
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Those who stop marketing to save money are like those who stop a clock to save time.
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All that money can do is buy us some one else's work in exchange for our own.
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I believe God is managing affairs and that He doesn't need any advice from me. With God in charge, I believe everything will work out for the best in the end. So what is there to worry about.
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That the Devil finds work for idle hands to do is probably true. But there is a profound difference between leisure and idleness.
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There is no such thing as no chance.
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You will find men who want to be carried on the shoulders of others, who think that the world owes them a living. They don't seem to see that we must all lift together and pull together.
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There are two ways of making yourself stand out from the crowd. One is by having a job so big you can go home before the bell rings if you want to. The other is by finding so much to do that you must stay after the others have gone. The one who enjoys the former once took advantage of the latter.
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Merely gathering knowledge may become the most useless work a man can do. What can you do to help and heal the world? That is the educational test.
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Competition whose motive is merely to compete, to drive some other fellow out, never carries very far.
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It is regrettable that people think about our monetary system, and of our economic structure, only in times of depression.
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When you once get an idea in which you believe with all your heart, work it out.
Henry Ford