Competition is the keen cutting edge of business, always shaving away at costs.
More quotes by Henry Ford
As far as competition is concerned, that must continue. But we must learn what competition really is. It is a striving to attain the best. To throttle it would mean to stop all progress. Certain men do not need to compete. They are pioneers.
Experience is the harvest of life, and every harvest is the result of a sowing. The experience which young people must crave is that of success in some service for which they are naturally fitted.
Competition whose motive is merely to compete, to drive some other fellow out, never carries very far.
Thinking calls for facts; facts are found by digging; but he who has gathered this wealth is well equipped for life.
More quotes about Business
Hire people who are better than you are, then leave them to get on with it. Look for people who will aim for the remarkable, who will not settle for the routine.
Men are not great or small because of their material possessions. They are great or small because of what they are.
We pay attention to every demographic in every country, so we’re going to focus on building things that teens are going to like, and we’re also going to focus on building things that other folks are going to like.
Never write an advertisement which you wouldn’t want your own family to read. You wouldn’t tell lies to your own wife. Don’t tell them to mine. Do as you would be done by. If you tell lies about a product, you will be found out — either by the Government, which will prosecute you, or by the consumer, who will punish you by not buying your product a second time. Good products can be sold by honest advertising. If you don’t think the product is good, you have no business to be advertising it.
Anyone who criticises me for talking about fair trade is a few pebbles short of a beach. Because everyone should care about it, just like everyone should care about the environment, because we all live here.
In Moscow I feel most comfortable. I’m used to four different seasons; it’s difficult for people in London to understand. People brought up in Russia like my kids want to play in the snow.
Our modern industrialism, changed to motives of public service, will provide means to remove every injustice that gives soil for prejudice.
See what a 25-cent raise will do to us, said Mr. Ford. So they figured the daily and monthly cost of a 25-cent increase. Put on another quarter and see what that will cost, he said. And so they went on, 25 cents a step. Finally the wage of $2.34 stood at $4.75–more than 100 percent increase. One of the associates–a good financial head–remarked rather sarcastically that if they were going to be fools, why not be first-class fools and make it $5. All right, said Mr. Ford, let’s make it $5.
You can’t tell me you can make any system or country work with low wages and high prices, and high wages with high prices don’t mean anything when the prices eat up the wages and don’t leave anything over.