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Good will is the one and only asset that competition…

“Good will is the one and only asset that competition cannot undersell or destroy.” quote by Marshall Field
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“Good will is the one and only asset that competition cannot undersell or destroy.”

Marshall Field

This quote is also attributed to Ludwig Borne in other sources. Attributions for famous quotes are often disputed.

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Goodwill is the unique, irreplaceable asset that competitors cannot diminish.

In simple terms: Goodwill is a priceless, defensible advantage.

Key Takeaway

Invest in reputation and relationships.

Themes

reputation trust competition

Mood

confident optimistic

Type

business philosophical

When to use this quote

  • business strategy
  • marketing
  • customer service
  • partnerships

Key Concepts

brand equity social capital customer loyalty

Questions to Reflect On

  • How can you strengthen goodwill with stakeholders?
  • What actions risk damaging goodwill?
A Different Perspective

Goodwill can be eroded by scandals or neglect.

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