Better man Quote by Henry Ford
“Then why flounder around waiting for good business? Get the costs down by better management. Get the prices down to the buying power.”
About This Quote
Source Speech: Business Advice, 1920
Advocates proactive cost reduction and pricing strategies through better management and aligning prices with consumer purchasing power.
In simple terms: Cut costs and lower prices by improving management and matching buying power.
Improve management to reduce costs and set affordable prices.
Themes
Mood
Type
When to use this quote
- startup budgeting
- product pricing
- cost control
- market analysis
Key Concepts
Questions to Reflect On
- What management changes can most effectively lower costs?
- How do you balance price reductions with profit margins?
May ignore external factors like market competition and supply chain constraints.